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BUSINESS

BUSINESS latest

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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The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

Opportunity's last communication with Earth was received June 10, 2018. (Shutterstock))
January 28th, 2019 - 08:24 GMT

RIP Nasa's Mars Opportunity

During the event
January 28th, 2019 - 08:24 GMT

Al Etihad Credit Bureau and Visa Sign MoU to Promote Financial Literacy in the UAE

Construction of a large oil terminal in Jask and also launch of petrochemical refinery was put atop agenda in this area. (Shutterstock)
January 28th, 2019 - 08:15 GMT

Iran Starts Developing a Petrochemical Refinery in Oman Sea

Egypt provided Jordan with 250 million cubic feet of natural gas daily since 2004. (Shutterstock)
January 28th, 2019 - 08:08 GMT

Egypt Starts Supplying Jordan With Natural Gas

During the event
January 28th, 2019 - 08:07 GMT

Al Bustan Centre & Residence Holds Preventive Health and Wellness Check-Up for Employees

The jobless rate first hit 12.9 percent, the highest level recorded by the statistics agency in data going back to 1999. (Shutterstock)
January 28th, 2019 - 08:05 GMT

Saudi Arabia Unemployment Eased Marginally to 12.8 Percent

Jerome Briet, Chief Development Officer, Marriott International MEA
January 28th, 2019 - 07:48 GMT

Marriott International Appoints Jerome Briet as Chief Development Officer for the Middle East and Africa

Increased trading activity from companies based in free zones resulted in a rise in the UAE's non-oil foreign trade. (Shutterstock)
January 28th, 2019 - 07:45 GMT

UAE’s Non-Oil Trade Hits Dh1.2 Trillion in 2018

Dubai International (DXB) retained its position as the world's busiest airport for international customer numbers for the fifth consecutive year. (Shutterstock)
January 28th, 2019 - 07:42 GMT

Dubai Airport Remains World’s Busiest Airport

During the event
January 28th, 2019 - 07:40 GMT

Oman Delegation Visits UK to Lead Implementation of 5G Technology

Etihad Engineering, the largest commercial maintenance, repair and overhaul (MRO) service provider in the Middle East.
January 28th, 2019 - 07:21 GMT

Etihad Aviation Group Participates in Global Investment in Aviation Summit

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