Daily Archives: December 27, 2015

Islamic Development Bank Discusses New funding for Member States

Jeddah, Rabi’I 16, 1437, December 27, 2015, SPA — Under the chairmanship of President of Islamic Development Bank Group Dr. Ahmad Mohammed Ali, its Board of Executive Directors started 309th session in Jeddah today.

The board, which consists of 18 …

Kuwait Stock Exchange closes session with indices on mixed boards

KUWAIT, Rabi’I 16, 1437, December 27, 2015, SPA — Kuwait Stock Exchange (KSE) closed Sunday’s session with the main indices settling on mixed boards.
Benchmark read 5,647, rising 27 points, followed by the weighted which inched upward 0.009 however Kuwait-15 …

Saudi Telecom to acquire stake in Sale Advanced Company amounting to SR 400 million

Riyadh, Rabi’I 16, 1437, December 27, 2015, SPA — Saudi Telecom (STC) announced that its Board of Directors has agreed to provide an offer to acquire a stake in Sale Advanced Co. Ltd., which represents 40% of the company’s shares …