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09/03/2014 15:52 AST
Kuwait Investment Company (KIC) announced on Saturday attaining a net profit of KD 9.6 million in 2013, with an increase by 227 percent from previous year, earnings per share (EPS) of 17.52 fils compared to around 5.35 fils for 2012 share, reaching total assets of KD 269.3 million from, with an increase from 2012 by 2.04 fils.
During 2013, the company had finished laying new strategies for the next five years concerning direct investments and asset management in all sectors, Ahmad Al-Omar, KIC's Chairman of the Board said in a press statement. Al-Omar noted that KIC's new strategies include diversifying sources of income, restructuring investments, creating job vacancies, and implementing the governance's rules and regulations issued by the capital markets, which positively reflected on the company's profits.
Arab Times
19/08/2014
Kuwait Investment Company ponders launching an investment fund in the Gulf finance markets - compatible with the Islamic Shariaa (law). In a statement on Sunday, Bader Nasser Al Subaiee, the company'
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29/09/2012
Kuwait Investment Company (KIC) announced signing an agreement with Istidamah Holding, a company specialized in integrated environmental solutions, to be benefit from their services in the areas of e
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16/04/2012
Kuwaiti Investment Company (KIC) earned a total of 3.5 million Kuwaiti dinars in 2011, at a rate of 6.4 Kuwaiti fils per stock, compared to KD three million worth of losses, at 5.5 fils per share, in
KUNA
Ticker | Price | Volume |
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Ticker | Price | Change |
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OSOUL | 250.00 | 5.00 (2.04 |
BAYANINV | 72.90 | 3.90 (5.65 |
GFC | 222.00 | -17.00 (-7.12 |
KINGDOM | 7.98 | -0.15 (-1.85 |
TADAWULGROUP | 207.70 | -3.20 (-1.52 |
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