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    GIC boosts sales team in expansion strategy

    Eighteen new sales team members recently completed an intensive two-month training course in technical insurance modules and sales skills, held in association with the Bahrain Institute of Banking & Finance, a leading regional insurance training …

    Read full article » Kuwait: Wednesday, December 29 - 2004 @ 16:29
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    International banks compete to manage KIPCO’s Showtime IPO

    Citigroup, Bank of America, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, HSBC, Morgan Stanley, Gulf Investment Corporation and The National Investor all made presentations during three days at KIPCO’s Kuwait headquarters.

    The bankers were asked …

    Read full article » Kuwait: Monday, December 27 - 2004 @ 17:17
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    KAB Strategy holds seminars at Kuwait University

    KAB held a two-day-seminar starting Tuesday, 21st of December lectured by Mrs. Sara Abdel Samad, Investment Strategy Manager at KAB, about the financial markets, the factors affecting these markets with emphasis on price movement analysis …

    Read full article » Kuwait: Thursday, December 23 - 2004 @ 08:26
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    Kingdom Centre launches new web site

    The site provides comprehensive information about the Al Mamlaka shopping mall, residential apartments, commercial offices and the Four Seasons Hotel.

    According to Walter Kleinschmit, General Manager – Operations, Kingdom Centre, “We are delighted to announce the …

    Read full article » Saudi Arabia: Sunday, December 19 - 2004 @ 08:10
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    UGB closes USD 65 million Syndicated Murabaha Facility

    The facility for purchasing and selling of certain commodities listed on the London Metal Exchange is priced to give an annual profit margin of 1.00 per cent above LIBOR. The transaction, well received by a …

    Read full article » Bahrain: Monday, December 13 - 2004 @ 15:15
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    KIPCO hosts international bankers pitching for Showtime IPO

    The IPO process began in early 2004 with several investment banking teams carrying out an initial review. After Showtime achieved key financial milestones meeting IPO requirements, the investment banking teams again visited for a further …

    Read full article » Kuwait: Monday, December 13 - 2004 @ 08:42
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    KIPCO syndication closes oversubscribed at USD 100 million

    The successful closure of the three-year term syndicated loan, originally set at
    US$ 60 million, demonstrates growing international recognition of KIPCO’s strength and stature.

    KIPCO is Kuwait’s largest private sector company with major activities …

    Read full article » Kuwait: Thursday, December 09 - 2004 @ 14:21
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    Ernst & Young partner KOM

    The recently-launched, Rusayl-based, Technology Park, has signed a Memorandum of Understanding (MoU) with the leading professional services firm, Ernst & Young. Ernst & Young will provide accounting and financial mentor services to start-up companies in …

    Read full article » Oman: Thursday, December 09 - 2004 @ 08:17
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    KPMG joins TKM board

    KPMG is a global network of professional service firms whose aim is to turn understanding of information, industries and business trends into value. With more than 100,000 people worldwide, KPMG member firms provide assurance, …

    Read full article » Oman: Thursday, December 09 - 2004 @ 07:40
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    KIPCO syndication sparks regional and international demand

    “The demand we have received from regional and international markets is gratifying and may necessitate a substantial increase in our original loan figure,” said KIPCO vice chairman Abdullah Yacoub Bishara.

    The three-year term syndicated loan, offered …

    Read full article » Kuwait: Tuesday, December 07 - 2004 @ 15:27

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