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FINANCE & ECONOMY

Kuwaiti-Qatari trade volume touches $360 million in 2017

October 16, 2018

Kuwaiti-Qatari trade volume touches $360 million in 2017

KUWAIT CITY, Oct 15, (KUNA): The volume of trade between Kuwait and Qatar has surged to $360 million in 2017, a significant growth by 100 percent, compared to $173 million in 2016, Kuwait Chamber of Commerce and Industry announced Monday.

Meanwhile, KCCI mentioned, in a press statement, its hosting earlier of the Qatari-Kuwaiti"... Continue Reading

Thales and Gemalto Are Granted Regulatory Clearance from the Competition Commission in South Africa

October 16, 2018

Thales and Gemalto Are Granted Regulatory Clearance from the Competition Commission in South Africa

Regulatory News:

Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the “Offer”), the publication of"... Continue Reading

Mr. Seth Ansah Obiri of United Pension Trustees Named “Best CEO in the Pension Funds Industry (Ghana)” by Global Brands Magazine

October 16, 2018

Mr. Seth Ansah Obiri of United Pension Trustees Named “Best CEO in the Pension Funds Industry (Ghana)” by Global Brands Magazine

(AETOS Wire)-- United Pension Trustees Bags 2 awards namely Best Pension Trustee and Most Innovative Pension Company (MOP) in Ghana from Global Brands Magazine whilst its CEO Mr. Seth Ansah Obiri wins the Best CEO in the Pension Funds Industry for the year 2018

Global Brands Magazine (GBM)"... Continue Reading

Moody’s and Reis Announce Successful Completion of Cash Tender Offer for Shares of Reis

October 16, 2018

Moody’s and Reis Announce Successful Completion of Cash Tender Offer for Shares of Reis

(AETOS Wire)-- Moody’s Corporation (NYSE:MCO) and Reis, Inc. (NASDAQ:REIS) announce today that Moody’s wholly-owned subsidiary, Moody’s Analytics Maryland Corp., successfully completed the previously announced tender offer to purchase all of the issued and outstanding shares of common stock of Reis at a purchase price of $23.00 per share, net to"... Continue Reading

PotNetwork Holdings, Inc. Files Form 10 To Become SEC Reporting Company

October 16, 2018

PotNetwork Holdings, Inc. Files Form 10 To Become SEC Reporting Company

(AETOS Wire)-- PotNetwork Holdings, Inc. (OTC Pink: POTN) announced today that it has filed a Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (SEC) to register its common stock under the Securities Exchange Act of 1934, as amended (the Act) including its audited financial statements for the year ended December 31, 2017 and unaudited interim financial statements through June 30, 2018. POTN had engaged PCAOB member firm Manohar, Chowdhry & Associates, in July 2017 to replace its former auditor. The Company’s voluntary filing of the Form 10 will make the Company subject to the periodic reporting requirements of the Act which includes annual, quarterly and current report filings. Additionally, the filing will enable the Company’s management to move forward with its application to OTC Markets to uplist to the...... Continue Reading

ACAMS 9th Annual AML & Financial Crime Conference - MENA

October 16, 2018

ACAMS 9th Annual AML & Financial Crime Conference - MENA

(AETOS Wire)-- Anti-money laundering (AML) professionals face a complex, ever-changing regulatory environment that continually requires new strategies to master. The ACAMS 9th Annual AML & Financial Crime Conference—MENA will identify emerging financial crime threats and provide a blueprint for anti-money laundering professionals to adapt to an array of challenges."... Continue Reading

Bank of America Reports Third-Quarter 2018 Financial Results

October 16, 2018

Bank of America Reports Third-Quarter 2018 Financial Results

(AETOS Wire)-- Bank of America reported its third-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181015005455/en/"... Continue Reading

KIPCO Group commits to support UN’s Women Empowerment Principles

October 15, 2018

KIPCO Group commits to support UN’s Women Empowerment Principles

KUWAIT: KIPCO – the Kuwait Projects Company (Holding) – and its Group companies expressed support for the Women’s Empowerment Principles (WEPs), launched in 2010 by UN Women and the UN Global Compact.

The WEPs offer a platform to mobilize the private sector to promote, support and accelerate gender equality and"... Continue Reading

Kuwait sinks in broad decline, volume soars

October 15, 2018

Kuwait sinks in broad decline, volume soars

KUWAIT CITY, Oct 14: Kuwait stock index dipped below the 5000 pts mark after charting a sluggish course in the previous week.

The All Shares Index slid 73.27 points to a broad decline to 4992.54 pts led by heavyweights as regional weakness roiled the sentiment. The Premier Market dived 97.89 points to 5159.27 pts taking the month’s"... Continue Reading

MEW collects KD 160m dues until Sept – KD 320m collection eyedMEW collects KD 160m dues until Sept – KD 320m collection eyed-

October 15, 2018

MEW collects KD 160m dues until Sept – KD 320m collection eyedMEW collects KD 160m dues until Sept – KD 320m collection eyed-

KUWAIT CITY, Oct 14: Acting Assistant Undersecretary for Consumer Affairs in the Ministry of Electricity and Water Dr Masha’an Al-Otaibi has announced that the Consumer Affairs Sector collected dues amounting to KD 160 million from the beginning of the current fiscal year until September compared to KD 220 million within the same period last fiscal year, reports Al-Qabas daily.

"... Continue Reading

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