All the GCC markets were in the green during the first quarter with Abu Dhabi reported the biggest gain of 17.2 per cent, followed by Qatar and Saudi Arabia with gains of 16.4 per cent and 16 per cent, respectively.
KUNA : Kamco Invest reports net profit of KD 10.3 mln in '21 - Economics kuna.net.kw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuna.net.kw Daily Mail and Mail on Sunday newspapers.
RIYADH: Kamco Investment Co. has seen its profit increase to $33 million in 2021, compared to $8.3 million the previous year. The increase in profits was attributed to an increase in fees from asset listings and earnings from associated companies, according to a report by the Kuwait Stock Exchange. Kamco’s board of directors recommended a cash dividend of 10 fils per share,
After recording growth for two consecutive years, the bond and sukuk issuances in the GCC countries recorded a decline in 2021 due to rise in oil incomes.