Date archive forJanuary 30th, 2015
By Staff writer On Friday, January 30th, 2015
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USD stable against KD at 0.294

US dollar, Kuwaiti dinar The exchange rate of the US Dollar against the Kuwaiti Dinar was stable on Thursday at KD 0.294, while the Euro dropped to KD 0.332 compared to yesterday’s exchange rates, said the More...

By Staff writer On Friday, January 30th, 2015
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KSE ends week’s trading in red zone

kuwait stock exchange Kuwait Stock Exchange (KSE) ended Thursday’s trading in the red zone as the weighted index lost 1.91 points, recording 441.84 points, the price index dropping 64.33 points, reaching 6,572.26 More...

By Staff writer On Friday, January 30th, 2015
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Kuwaiti-S. Korean’s eco. ties “excellent” – Sheikh Dr. Mohammad Al-Sabah

Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah, Minister of Foreign Affair The economic relation between South Korea and Kuwait is excellent and continuously progressing, Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah More...

By Staff writer On Friday, January 30th, 2015
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Plunging oil price brings significant losses, some gains

Oil price The economies of the Middle East and North Africa (MENA) will have significant consequences due to the over 50 percent decline of world oil prices from USD 115 a barrel to less than USD 50 today, the World More...

By Staff writer On Friday, January 30th, 2015
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Vodafone Qatar Announces Third Quarter 2014 Results

Vodafone Qatar Announces Third Quarter 2014 Results Vodafone Qatar has disclosed its third quarter financial results for the nine month period ended December 31, 2014.The third quarter financial results revealed More...

By Staff writer On Friday, January 30th, 2015
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Qatar Exchange Gains 200.77 Points This Week

Qatar Stock Exchange Qatar Exchange index gained 200.77 points (+1.72 percent) this week when the bourse closed Thursday at 11,899.63 points. Trading value during this week decreased by 27.14 percent to reach QR More...

By Staff writer On Friday, January 30th, 2015
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Economy Minister Aspires to Further Cooperation with Germany

Sheikh Ahmed bin Jassim bin Mohamed Al-Thani, Minister of Economy and Commerce Qatar aspires to achieve further economic cooperation with Germany, HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin More...

By Staff writer On Friday, January 30th, 2015
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Commercial Bank of Dubai records 19 percent increase in net profit

Commercial Bank of Dubai records 19 percent increase in net profit Commercial Bank of Dubai’s net profit for the year ended 31st December 2014 increased by 19% to AED1,202.3 million as compared to AED1,010.2 million More...

By Staff writer On Friday, January 30th, 2015
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ADNOC and Total sign New ADCO Concession Agreement

ADNOC and Total sign New ADCO Concession Agreement The Abu Dhabi National Oil Company, ADNOC, and Total today signed the new 40-year ADCO Concession Agreement for the ADCO onshore oil fields in the Emirate of Abu More...

By Staff writer On Friday, January 30th, 2015
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Cruise ship ‘MS Balmoral’ makes debut call at Zayed Port

Cruise ship ‘MS Balmoral’ makes debut call at Zayed Port MS Balmoral, the biggest cruise liner of the UK-based shipping line Fred Olsen Cruise Lines, made its first call at the Zayed Port, and was welcomed More...

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