Shareholders’ equity increased from KD 182.5 million (US$ 609.76 million) to KD 197.315 million (US$ 659.255 million) during the same period.
Sheikh Mohammed Abdul Aziz Al Jarrah Al Sabah, Burgan Bank chairman, said the profits were … Read full article »
Kuwait: Sunday, August 10 - 2003 @ 13:39
Although lower than the KD 1.329 million (US$4.386 million) recorded in the same period last year, the 2003 half year profit figure of KD 759,404 represents a significant achievement in challenging business conditions.
Against this … Read full article »
Kuwait: Wednesday, August 06 - 2003 @ 16:07
Through a Multi Media Messaging Service (MMS) sent directly to their handsets, Kuwaiti mobile users will be able to read Qu’ranic verses displayed in Arabic calligraphy along with audio of verses read to them. … Read full article »
Kuwait: Wednesday, August 06 - 2003 @ 13:28
Once a week, subscribers to the new ‘Action’ movie news service will receive a Multi Media Messaging Service (MMS) that features previews on the latest blockbuster movies before they arrive to the Kuwaiti market.
“Using … Read full article »
Kuwait: Wednesday, July 30 - 2003 @ 13:48
On a quarter-to-quarter basis compared to the first quarter of 2003, profits increased by KD 2.5 million (US$ 8.3 million) from KD 6.8 million (US$ 22.7 million), a growth of 37%.
Wataniya Telecom, an affiliate of … Read full article »
Kuwait: Wednesday, July 30 - 2003 @ 10:46
The half-year rise – underpinned by a second quarter surge in net profit by 86.4% to KD 5,611,678 (US$ 18.7 million), compared to KD 3,010,143 (US$ 10 million) in the second quarter of 2002 – … Read full article »
Kuwait: Saturday, July 26 - 2003 @ 14:08
The improvement is attributed to development in performance of UIC’s associate and subsidiary companies, and disposal of assets and investments unsuitable or incompatible with the company’s on-going restructuring project.
Sheikh Khalifa Abdulla Al Jaber Al Sabah, … Read full article »
Kuwait: Thursday, July 24 - 2003 @ 09:24
In all, 75 of the public centers have now been established in Jordan as part of a wide-ranging initiative designed to promote access to technology resources and training for Jordanians.
Their Majesties King Abdullah II … Read full article »
Jordan: Wednesday, July 23 - 2003 @ 16:33
The new service allows Action users to choose from a selection of themed categories including animals, landscapes, flowers and Arabic calligraphy among others, and receive new ‘M Shot’ pictures four times a week through a … Read full article »
Kuwait: Wednesday, July 23 - 2003 @ 14:33
This achievement compares with net income of $9.64 million for the whole of 2002 (a 60% increase) and $7.28 million for the first six months of last year (a 110 % increase). Total revenue for … Read full article »
Bahrain: Wednesday, July 23 - 2003 @ 10:46