Suq Al Mal

Al Qabas has a follow-up to their earlier report of the resignation of 3 directors at ILIC.  See earlier post on that topic here . The Com...

Mohamed Sha'ban at Al Qabas reports that having received judicial authority, Boubyan will sell some 300,000 shares in International Fi...

Quoting informed banking sources, AlQabas reports that Commercial Bank of Kuwait has proposed to TID that the BB shares be sold and that an...

NBK announced on the KSE today that the authorization it received from the Central Bank of Kuwait to purchase up to 60% of the shares in Bo...

AlQaba s has a report that Jamal AlMutawa, the former GM of CBK, was in the bank to assist with negotiations with TID (being run as per th...

PLEASE NOTE THIS POST IS ABOUT A KUWAITI COMPANY, NOT THE UAE COMPANY ABRAAJ. Both AlWatan and AlQabas report that small shareh...

AlQabas has a report on the meeting in Dubai between TID and the Creditors' Co-ordinating Committee this Tuesday. Here are the key po...

TID released a formal announcement on the KSE today (text below, Arabic only) about its fiscal 2008 financials. The major piece of new ...

So say Saud and Naser at AlphaDinar . Some very interesting implications for  TID, CBK and the creditors of TID Existing shareholders with...

AlWatan reports that BB's shareholders will be asked to approve the reopening of its partially successful Rights Offering for the rough...

Citing a well connected but unnamed source, AlQabas reports that the Financial Stability Law Court has issued a decision halting all legal...

AlQabas reports that legal sources informed it that the Court decided on 20 April to postpone action in Boubyan's bankruptcy case again...

NBK has increased its stake in BB to 46.66% as per the KSE .   (Very last item on the page). Currently, NBK has Central Bank of Kuwait app...

An interesting post by Sal over at Alphadinar.    Why Dherar Al-Rabah was Appointed Chairman of Commercial Bank of Kuwait.  ...

AlQabas has a report on CBK's Annual General Meeting of Shareholders ("AGM") 7 April.  (Also sometimes referred to as an Ord...

Two articles in AlQabas today on the latest developments. To recap late in December 2008, TID and Commercial Bank of Kuwait engaged in a U...

The National Bank of Kuwait announced on the KSE today that it had received Central Bank of Kuwait approval to increase its stake in Boub...

AlQabas has a short item on the lawsuit by Boubyan Bank against AHC under the headline "Banks Request Delay in Bankruptcy Proceeding...

Boubyan announced on the KSE today that its Vice Chairman Mr. Jasaar Dakheel AlJasaar had resigned as he had been elected Chairman of Warba ...

  AlQabas quotes informed sources that the Board of BB has informed the Central Bank and major shareholders that it intends to resign so t...