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BUSINESS

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KIB Group reports net profit of KD 17.5 million for H1 of 2026
July 27th, 2026 - 03:58 GMT

KIB Group reports net profit of KD 17.5 million for H1 of 2026

Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the Group’s financial results for the first half (H1) of 2026 ended 30 June 2026. KIB Group achieved net profit attributable to shareholders amounting to KD 17.5 million, compared to KD 14.8 million in H1 2025, reflecting a growth of 18%. Earnings per share (EPS) stood at 8.32 fils, compared to 6.77 fils for the same period last year. Total operating income was almost KD 51 million, marking a growth of 10% compared to the first half of 2025 ...
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NBO enables customers to earn cashback on purchases at shell petrol stations
April 25th, 2023 - 10:41 GMT

NBO enables customers to earn cashback on purchases at shell petrol stations

Huawei Announces Switch to MetaERP, Redefining Enterprises' Core Business Systems
April 25th, 2023 - 10:26 GMT

Huawei Announces Switch to MetaERP, Redefining Enterprises' Core Business Systems

Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment
April 25th, 2023 - 10:21 GMT

Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment

Mubadala Health to Run Oracle Health Electronic Health Records on Oracle Cloud Infrastructure to Help Provide Better Care to its Communities
April 25th, 2023 - 10:07 GMT

Mubadala Health to Run Oracle Health Electronic Health Records on Oracle Cloud Infrastructure to Help Provide Better Care to its Communities

Azizi Developments extends partnership with US-based Cummins Inc. for Park Avenue I & II
April 25th, 2023 - 09:54 GMT

Azizi Developments extends partnership with US-based Cummins Inc. for Park Avenue I & II

Ooredoo Adds Sparkle to Eid Al-Fitr Celebrations as Part of its Goodwill Journey
April 25th, 2023 - 09:39 GMT

Ooredoo Adds Sparkle to Eid Al-Fitr Celebrations as Part of its Goodwill Journey

Al Masaood Automobiles joins Nissan Middle East in combating counterfeit spare products
April 25th, 2023 - 09:27 GMT

Al Masaood Automobiles joins Nissan Middle East in combating counterfeit spare products

GE Continues to Find New Ways to Improve Safety
April 25th, 2023 - 09:15 GMT

GE Continues to Find New Ways to Improve Safety

 HUAWEI WATCH Ultimate – the definitive specimen of luxury smartwatches and HUAWEI FreeBuds 5 are now available in the UAE
April 25th, 2023 - 08:45 GMT

HUAWEI WATCH Ultimate – the definitive specimen of luxury smartwatches and HUAWEI FreeBuds 5 are now available in the UAE

Russia's oil production expected to surpass 480M Tons in 2023
April 25th, 2023 - 08:02 GMT

Russia oil production to surpass 480M tons

Nissan showcases SUVs at Auto Shanghai 2023
April 25th, 2023 - 07:58 GMT

Nissan showcases SUVs at Auto Shanghai 2023

Netflix reports $1.31B in profits and ends DVD rental service
April 25th, 2023 - 07:55 GMT

Netflix reports $1.31B in profits

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