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Kuwait's Global Investment House first-quarter loss narrows
Source: BI-ME with Boomberg , Author: Posted by BI-ME staff
Posted: Wed May 30, 2012 11:28 am

KUWAIT. Global Investment House KSCC, a Kuwaiti investment bank, said its first-quarter loss narrowed to 11.5 million dinars (US$41 million) from 23.2 million dinars a year earlier, according to a statement on the Dubai bourse today.

Global Investment, which reorganized US$1.73 billion of debt in 2009, said yesterday it will hold meetings with bondholders on June 7 as part of the restructuring process.



date:Posted: October 19, 2016
UAE. The general trend for Abu Dhabi's hospitality market has been positive growth of tourism demand being offset by a decline in corporate demand and new supply completions.
date:Posted: October 19, 2016
INTERNATIONAL. Global medtech revenue in 2015 decreased 1.2% to US$337b, while net income dipped 15.5% to US$14b; Mergers and acquisitions increased 27% to US$80b in the 12 months ending 30 June 2016.
date:Posted: October 19, 2016
INTERNATIONAL. Largest quarterly increase for 18 months; Optimism driven by confidence in job security, up 6% since Q2, according to the latest Consumer Tracker from Deloitte.
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