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- UDC reports QR404mn net profit in 2025 on QR1.93bn revenue; proposes 5.5% dividends
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- du posts record profit and revenue growth in 2025, lifts dividend to 64 fils
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21/05/2012 08:12 AST
Kuwait's National Industries Group Holding (NIG) said on Sunday it has appointed banks to raise more than 100 million Kuwaiti dinars (358 million US dollars) in a Shariah-compliant syndicated loan.
"Lead arranger (Warba Bank) will invite local, Gulf and international banks to participate in this financing," NIG said in an e-mailed statement.
"It comes in line with the strategy and objectives of the bank to support the local economy and local companies," it added, saying the operation would be compliant with Islamic law. It did not give further details on the use of the proceeds.
Kuwait's Kharafi Group, a major local investor, holds a stake in NIG according to Kuwait Stock Exchange (KSE) data.
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Al Watan
30/03/2015
The National Industries Company (NIC) said Wednesday it secured KD 9.6 million in profits in the first three quarters of 2014 with per share dividends amounting to 7.3 fils.
NIC's profits an
KUNA
09/05/2010
National Industries Group, the largest industrial investment company in Kuwait, reported a first- quarter profit of 4.7 million dinars ($16 million).
The company had a loss of 36.6 millio
Bloomberg
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10/02/2026
United Development Company (UDC) reported a net profit of QR404mn in 2025 and total revenues worth QR1.93bn, with net profit attributable to shareholders reaching QR431mn and basic earnings per share
Gulf Times
10/02/2026
Commercial Bank has been named 'Best Digital Bank in the Middle East' and 'Best Bank for AI Integration & Digital Transformation in the Middle East' at the World Finance Digital Banking Awards 2025.
Gulf Times
10/02/2026
As the title sponsor of the Gulf Bank 642 Marathon, Gulf Bank recently hosted representatives from Suffix, the event's organizing partner, at its headquarters for a comprehensive review of the key su
Kuwait Times
10/02/2026
Reinforcing its leadership in advancing Egypt's sustainable economic development agenda, National Bank of Kuwait - Egypt (NBK-Egypt) continues to strengthen its role as a leading financial partner in
Kuwait Times
10/02/2026
Emirates Integrated Telecommunications Company (du) posted higher revenues, rising profitability, and its highest dividend on record when it reported its last set of financial results for 2025.
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