Yamama Cement posted its preliminary 4Q and FY2013 results. As per usual, the absence of a published revenue figure makes those results difficult to interpret, said NBK Capital. "The FY2013 net profit came in at SAR 870 million, up 2.3% ...
Tags: Yamama Cement, net profit, FY2013, revenue figure
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
In a move that is likely to mark the start of a new era for the Iraq Stock Exchange (ISX), National Bank of Kuwait (NBK) has begun offering custody services for ISX-listed shares through its 80%-held subsidiary Credit Bank of Iraq. This is ...
Tags: NBK, Custody Breakthrough, ISX