Thursday 20 July 2017
 
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Kuwait

Warba Bank H1 profit surges 455pc to $8.3m

‎‎Kuwait-based Warba Bank, a top investment bank, has posted a net profit of KD2.523 million ($8.3 million) for the first half (H1) of the year compared to KD0.455 million for the same period of 2016, marking a rise of 455 per cent.

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SSH-designed Kuwait JACC wins top property awards

Kuwait-based Sheikh Jaber Al Ahmed Cultural Centre (JACC), a major entertainment facility designed by SSH, a leading masterplanning, building design and construction supervision firms, has won two major awards at the Africa & Arabia Property

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Chicago Pneumatic wins big Kuwait supply contract

Chicago Pneumatic, a global construction equipment manufacturer, said it has secured a major contract from a Kuwaiti company for the supply of 100 CPLT V15 light towers for a key oil and gas project. The order for the tough and ef

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Chicago Pneumatic wins big Kuwait supply contract

Chicago Pneumatic, a global construction equipment manufacturer, said it has secured a major contract from a Kuwaiti company for the supply of 100 CPLT V15 light towers for a key oil and gas project. The order for the tough and ef

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Gulf Bank records 10pc jump in H1 net profit

Kuwait-based Gulf Bank recorded a net profit of KD22.8 million in the first six months of 2017, an increase of 10 per cent over the same period of 2016. The bank was able to generate a net interest income of KD63.5 million and an operat

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GE leads digital transformation of Kuwait CCGT plant

Global technology giant GE said its power unit has completed the digital transformation of Kuwait Ministry of Electricity and Water’s Sabiya combined cycle gas turbine (CCGT) power station ahead of schedule. The migration of

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GE leads digital transformation of Kuwait CCGT plant

Global technology giant GE said its power unit has completed the digital transformation of Kuwait Ministry of Electricity and Water’s Sabiya combined cycle gas turbine (CCGT) power station ahead of schedule. The migration of

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Kuwait awards $709m infrastructure project deal

The Kuwaiti government has awarded infrastructure projects worth KD215 million ($709 million) in the South Matlaa area of the country, said a report. A Chinese company has been roped in for the development works including the cons

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GE Power completes digital transformation of Kuwait unit

GE Power, a division of GE, has completed, ahead of schedule, the digital transformation of Kuwait Ministry of Electricity and Water’s Sabiya Combined Cycle Gas Turbine (CCGT) Power Station. This will help to make the site&r

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GE Power completes digital transformation of Kuwait unit

GE Power, a division of GE, has completed, ahead of schedule, the digital transformation of Kuwait Ministry of Electricity and Water’s Sabiya Combined Cycle Gas Turbine (CCGT) Power Station. This will help to make the site&r

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