November 05, 2024

Contact Us | Feedback

Kuwait Investment Company to launch KD 5 million investment fund

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
Kuwait Investment Company
Kuwait Investment Company

Kuwait Investment Company ponders launching an investment fund in the Gulf finance markets — compatible with the Islamic Shariaa (law).
In a statement on Sunday, Bader Nasser Alsubaiee, the company’s Chief Executive Officer, said the fund would be launched with an initial capital of KD five million.
The company earned KD 5.22 million in end of the year’s first half, at a rate of 9.53 fils. Shareholders’ equity rose six percent to KD 132.3 million, compared to KD 124.8 million in the past year’s first half.

Source : KUNA Kuwait News agency

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

Never miss any important news. Subscribe to our newsletter.

Recent News