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29/07/2009 00:00 AST
The Central Bank of Kuwait (CBK) has approved a request for renewing a prior CBK consent to Al Safat Investment Company for purchasing no more than 10 percent of its own issued shares for six months.
Kuwait Stock Exchange (KSE), in a statement posted on its website on Wednesday, stressed the importance of abiding to regulations and conditions placed by CBK in this regard.
KUNA
03/10/2012
Capital Standards Rating Co. (CSR) has affirmed the Insurer's Financial Strength Rating (IFSR) at 'BB' and the national rating at 'BBBkw' for Al Safat Takaful Company (closed); the outlook for the ra
CPI Financial
09/01/2011
This is the first time that CSR rates Al Safat. The rating is based on the consolidated financial statements until June 2010.
The ratings reflect Al Safat's adequate capitalisation, impr
CPI Financial
18/04/2010
Al-Safat Investment Co., a Kuwaiti fund manager, said one of its subsidiaries made a profit of about 4.25 million dinars ($15 million) from exiting an investment in China.
The profit of a
Bloomberg
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro