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Category: Trading

Turkey to offer $30 billion in high-tech incentives

Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.

His Excellency unveiled the high-tech incentives prog…

Gulf Air signs an agreement with GAPTU

Paris, Gulf Air, the national carrier of the Kingdom of Bahrain, announced that it has signed a Collective Labour Agreement with the Gulf Air Pilots Trade Union (GAPTU). The agreement settles a longstanding dispute over pilot employment terms and allo…

Commercial Bank of Kuwait reaps USD 207 mln in H1 2024

The Commercial Bank of Kuwait posted KD 62.7 million (USD 207 million) worth of net profits in H1 2024 with a profit per share at 34.9 fils.

Chairman Sheikh Ahmad Duaij Al-Sabah said in a press statement on Saturday that the operational profits befor…

Al-Ahli Bank of Kuwait achieves KD 29 mln net profits in H1 2024

Al-Ahli Bank of Kuwait announced on Saturday that it achieved net profits of KD 29.06 million (around USD 95.8 million) in the first half of 2024, a growth of 22 percent year-on-year, with earnings per share at 12 fils. The Al-Ahli Bank Group said in …