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05/04/2011 00:00 AST
First Investment Company (FIC) sustained KD 10.5 million in losses; 16.1 fils in shares for the fiscal year that elapsed on December 31, 2010 compared to KD 22.9 million in losses and 35.2 fils decrease of shares in 2009.
The company's total equity hit KD 93.9 million in 2010 against KD 108.8 million in 2009, the company said Tuesday in a release posted on the Kuwait Stock Exchange (KSE) website.
Its assets totaled KD 218.9 million, while its liabilities amounted to KD 124.9 million by the end of the FY that elapsed in December, compared to KD 124.7 million in 2009, according to the online release.
Established in 1997, and registered with the KSE in 2001 with a paid-up capital of KD 65 million, FIC has been active in the field of investments according to Islamic Sharia.
KUNA
04/04/2011
Liquidity Management House (LMH), serving as structuring advisor on behalf of six Kuwait banking institutions, has successfully completed a KWD 92 million ($331.6 million) debt restructuring of First
CPI Financial
11/04/2009
Kuwaits First Investment Co. posted a 87 percent fall in 2008 profit on Thursday, the latest investment firm from the Gulf Arab states financial sector to take a hit.
Full?year net profit
Reuters
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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
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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
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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
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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
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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
Financial Information Co.