Wednesday 01, April 2009 by

Kuwait’s largest bank, NBK, reports operating profit up 20 per cent

National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest rated in the Middle East, announced net profits of $925million (KWD 255.3 million) as compared with $991 million in 2007. The slight fall in profits reflects additional general provisions.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more