Browse
related articles
Oil price surge boosts Kuwait market
- Kuwait: Tuesday, January 08 - 2013 at 14:28
The KSE Market Index advanced 0.35 percent Tuesday, closing at 6,043.01 points. Shares gained across the board. Oil prices (DME Oman Crude) added $0.43 to reach $107.21 amid improved prospects for the world economy. The state of Kuwait relies by 95% on oil revenues. Islamic financial institution Boubyan Bank gained 1.5%. Telecommunications company Zain closed unchanged. Earlier in the day, Zain said it launched the "Zain Great Idea" competition and Entrepreneurship Program seeking innovative business ideas, as part of the organization's Corporate Social Responsibility (CSR) program which has the mission to support the national entrepreneurial endeavors of the youth.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistTuesday, January 08 - 2013 at 14:28 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
