GulfBase Live Support
06/04/2014 11:55 AST
Kuwait's National Industries Group has signed a memorandum of understanding to sell a 29.9 percent stake in Noor Financial Investment Co to an unidentified buyer for 28 million dinars ($99.43 million), the company said on Sunday.
National Industries owns 50.4 percent of Noor. The deal will bring it a profit of 7.5 million dinars, the firm said in a statement to the Dubai bourse. ($1 = 0.2816 Kuwaiti Dinars)
Reuters
27/08/2012
A Kuwaiti investment company wants a US court to allow it to pursue legal action against Carlyle Group in the Arabian Gulf state.
National Industries Group (NIG), owned by one of Kuwait's
The National
18/08/2012
Capital Intelligence (CI), the international credit rating agency, announced that it has reaffirmed the rating of NIG Sukuk Company's $475m Mudaraba Sukuk at 'BBB-'. The Outlook for the rating is 'St
AME Info
15/08/2012
Kuwait's National Industries Group Holding (NIG) will repay its 475 million US dollars Islamic bond, or Sukuk, when it matures on August 16, it said on Tuesday, dropping earlier plans to get a four-y
Reuters
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
OSOUL | 159.00 | 1.00 (0.63 |
BAYANINV | 56.60 | 0.20 (0.35 |
GFC | 144.00 | -5.00 (-3.36 |
KINGDOM | 8.84 | 0.09 (1.02 |
TADAWULGROUP | 179.00 | -2.20 (-1.22 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times