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05/04/2011 00:00 AST
First Investment Company (FIC) sustained KD 10.5 million in losses; 16.1 fils in shares for the fiscal year that elapsed on December 31, 2010 compared to KD 22.9 million in losses and 35.2 fils decrease of shares in 2009.
The company's total equity hit KD 93.9 million in 2010 against KD 108.8 million in 2009, the company said Tuesday in a release posted on the Kuwait Stock Exchange (KSE) website.
Its assets totaled KD 218.9 million, while its liabilities amounted to KD 124.9 million by the end of the FY that elapsed in December, compared to KD 124.7 million in 2009, according to the online release.
Established in 1997, and registered with the KSE in 2001 with a paid-up capital of KD 65 million, FIC has been active in the field of investments according to Islamic Sharia.
KUNA
04/04/2011
Liquidity Management House (LMH), serving as structuring advisor on behalf of six Kuwait banking institutions, has successfully completed a KWD 92 million ($331.6 million) debt restructuring of First
CPI Financial
11/04/2009
Kuwaits First Investment Co. posted a 87 percent fall in 2008 profit on Thursday, the latest investment firm from the Gulf Arab states financial sector to take a hit.
Full?year net profit
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| KINGDOM | 7.97 | 0.21 (2.70 |
| TADAWULGROUP | 191.80 | -0.60 (-0.32 |
| BOURSA | 4,025.00 | -75.00 (-1.83 |
| NIND | 281.00 | 1.00 (0.35 |
| GFH.KW | 185.00 | 0.00 (0.00 |
13/11/2025
Saudi Aramco announced the signing of 28 memorandums of understanding (MoUs) worth more than $1 billion during the 19th Middle East Corrosion Conference and Exhibition, held in Dhahran, eastern Saudi
Asharq Al Awsat
13/11/2025
In a new achievement that confirms the excellence of its human capital strategy, National Bank of Kuwait received two prestigious awards as part of the GCC Government Human Resources and Youth Awards
Kuwait Times
13/11/2025
Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia.
The collaboration aims to en
Arab News
13/11/2025
Cementing their commitment and efforts toward enabling and empowering Qatar's SME ecosystem, Commercial Bank and Seib Insurance held a joint online webinar titled: The Safety Net: Identify, Combat &
The Peninsula
13/11/2025
The Qatar Stock Exchange (QSE) index closed lower on Wednesday, declining by 58.37 points, or 0.52 percent, to reach 11,082.40 points.
During the session, a total of 104,275,078 shares were
The Peninsula
Financial Information Co.
Saudi Arabia