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: March 30, 2017
UAE. The region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance, according to PwC's Capital Markets and Accounting Advisory Services team.
date:Posted: March 27, 2017
UAE. PwC issues new report jointly with the Global Manufacturing & Industrialisation Summit; The report outlines a roadmap for CIOs to manage the transformation of industrial companies to successfully adopt IIoT; Devising a digital strategy is key for manufacturers
date:Posted: March 27, 2017
UAE. The strongest growth rate for 2014-2015 in the region was led by Saudi Arabia and the UAE, according to a new report from The Boston Consulting Group.
dhgate