January 13, 2025

Kuwait Bourse Closes Lower as All Share Index Declines

Kuwait city: Kuwait Bourse closed trading on Sunday as the All Share Index lost 44.52 points to reach 8,659.34 points, a decrease of 0.51 percent. As many as 171.2 million shares valued at KWD 51.14 million (roughly USD 156 million)

Ooredoo Announces Date to Pay Interest to Bondholders

Doha: Ooredoo announced Monday that Ooredoo International Finance Limited (OIFL), its wholly-owned subsidiary, will pay its Global Medium Term Note (GMTN) holders’ interest payment on 31 January 2025.

According to Qatar News Agency, in an announceme…

Major Share Indexes Slip in Asia Following US Stock Decline

Doha: Major share indexes slipped in Asia on Monday, affected by the decline in US stocks. Australia’s S and P/ASX 200 index fell 1.5% to 8166.40 points, while South Korea’s Kospi declined 1.2% to 2486.14 points. Hong Kong’s Hang Seng

Central Bank of Kuwait Issues KD 200 Million Bond, Tawarruq

Kuwait City: The Central Bank of Kuwait announced Monday the allocation of bonds and tawarruq issuance worth KD 200 million (approximately $660 million).

According to Qatar News Agency, the bank stated that the issuance has a three-month term with a…

Gold Eases on US Jobs Report

Doha: Gold prices edged lower on Monday as a stronger-than-expected US jobs report reinforced the Federal Reserve’s cautious stance on rate cuts and boosted the US dollar, weighing the bullion. Spot gold fell 0.2 percent to USD 2,684.39 per ounce.

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