Zain conducts blood drive at headquarters May 20, 2013
This internal campaign falls under the company's corporate social responsibility umbrella and aims to convey to the Kuwaiti community that blood donation is a simple, easy and responsible thing to do.
This humanitarian initiative aimed at building awareness amongst Zain employees so that they can help save lives in a simple and easy way. Additionally, Zain launched its recent Blood Drive as part of its ongoing employee engagement activities where it aims to gather employees...
May 20, 2013
Hatim Natto of Mountain Dew Saudi Gear Racing finished among the top three despite mechanical problems in the final round of the Drift UAE Championship at the Yas Marina International Circuit, sharing the podium with two other Saudi teams.
May 20, 2013
Shareholder equity at the end of the quarter was KD56.1m ($196.5m) compared to KD48.7m ($175.5m) during quarter one 2012. The company's total assets also increased to KD401.3m ($1.4bn), an increase of 4% compared to the same period last year.
Talal Jassim Al-Bahar, Chairman and Group CEO, IFA HR, stated: "The profits we are recording this quarter are...
May 20, 2013
The rating is supported by the very strong capital adequacy and, notwithstanding a high rate of non-performing loan accretion in 2012, good overall asset quality, as well as the more than full loan-loss reserve coverage.
Although profitability at the net level has declined due to increased loan-loss provisioning, it remains satisfactory at the operating...
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