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FINANCIAL NEWS
Kuwait Food Co net profit up 10.4 percent in Q1
12 May 2014
(MENAFN) Kuwait Food Co, which sells goods under the Americana brand name, posted a 10.4 percent growth in its net profit for the first three months of the current year, according to Arabian Business.
The company”s net profit for the first quarter was estimated at USD64.4 million compared to USD58.205 million during the same quarter a year earlier.
Americana, 66.8 percent owned by the Kharafi family, one of the largest merchant families in the Gulf Arab state, could be sold after the Kharafis hired an investment bank to explore a sale.
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12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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