KUWAIT: The National Investments Company (NIC) has unveiled its financial results for the first quarter concluded on March 31, 2024.

KUWAIT: In a month marked by significant volatility, Brent futures soared to a six-month high of $91.2/bbl in early April after tensions between Iran and Zionist entity spilled over into a direct tit-for-tat confrontation.

KUWAIT: National Bank of Kuwait (NBK), Kuwait’s leading bank, is committed to elevating the lifestyle aspirations of its valued Privilege Banking Customers.

ZURICH: Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in the red due to the mammoth takeover of Credit Suisse.

RIYADH: Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.

KUWAIT: The Arab Fund for Economic and Social Development (AFESD) signed on Tuesday the International Finance Corporation’s Master Cooperation Agreement on Monday, becoming the third signatory from the Arab region to join the MCA.

KUWAIT: Gulf Bank held its investors webcast on Monday May 6, 2024 to present and discuss the bank’s financial performance for Q1 2024.

NEW YORK: Stock markets advanced Monday on renewed optimism that the US Federal Reserve will cut interest rates this year, as well as on a positive corporate earnings season.

By Salem Al-Methen ABU DHABI, May 7 (KUNA) -- Kuwait's firms are seeking to increase their presence in the United Arab Emirates due to developed system and legislations that have created a global market for international trade and securities, Chief of Kuwait Business Council in Dubai and North Emirates, Feras Al-Salem said Tuesday.