Suq Al Mal

The Financial Sector in the GCC

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Showing posts with label KIPCO. Show all posts
Showing posts with label KIPCO. Show all posts
Thursday, 16 September 2010

All in the Family: UGB to Seek Central Bank of Kuwait Permission for Additional Three Months to Buy Burgan Bank Shares

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(Readers are invited to select the photo they believe  most appropriate in the context of this news item.) You'll recall that motivat...
Wednesday, 11 August 2010

Burgan Bank - KD6.8 Million Loss for First Six Months 2010

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Burgan announced its 1H10 results on the KSE this morning.  Arabic text below. The headline is the loss of KD6.856 million versus a profit ...
Monday, 19 July 2010

UGB to Purchase Burgan Bank Shares at KD0.390?

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Citing informed sources, Jamal Ramadan over at AlWatan reports   that UGB will purchase the additional 13% of Burgan shares using an auctio...
Monday, 12 July 2010

KIPCO Clarifies UGB Purchase of Burgan Bank Shares

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Responding to an article in the local press about UGB's potential purchase of Burgan Bank shares, KIPCO kindly set the record strai...
Thursday, 8 July 2010

All in the Family: KIPCO, Burgan, and United Gulf Bank

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As you'll recall in late June, United Gulf Bank (90.7% owned by KIPCO) announced that it was selling Tunis International Bank to Burga...
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