You are hereHome CountriesNews
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.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 20, 2017
LEBANON: "The overall decline in the level of household sentiment in the second quarter of 2017 was due to consumers' widespread disappointment by the misplaced priorities of the government."
date:Posted: July 19, 2017
INTERNATIONAL. "Far from being a sign of intellectual inferiority, the capacity to err is crucial to human cognition." Ironically, if we want to 'get it right' we are going to have to get it wrong.
date:Posted: July 18, 2017
The findings also reveal that, while demand for cyber insurance is increasing, the majority of these losses are not currently insured, leaving an insurance gap of tens of billions of dollars.
dhgate