COMPANIES
Global Investment House - Kuwait
- +1.46 Last
- +0.19 (+14.96%) Today's Change
- 55,700 Volume
- 1.27-8.91 52 Week Range
- -7.45 (-83.61%) 52 Week Change
-
Recent Articles
- Kuwait's Global posts $19.6m Q3 loss9 November 2009
Investment bank's losses narrow by 81%, says it needs to restructure estimated $1.75bn of debt.
- Kuwait's Global 'agrees deal' with creditors25 October 2009
Troubled investment firm's CEO says final agreement set to be inked by end of Nov.
- Oman inflation seen falling by 7-8% in 200931 August 2009
New report says declining oil, food import prices will have 'major impact'.
- Kuwait’s Global may soon reach debt agreement - CEO10 August 2009
CEO says all documents required by lenders submitted; company awaits responses.
- Emirates NBD, Emaar push Dubai to seven-week high10 August 2009
UPDATE 10: Abu Dhabi index closes lower, as does Kuwait, Oman.
- Global Investment House slumps to $101m Q2 loss 9 August 2009
UPDATE 1: Kuwait firm misses analyst forecast that had been looking for a profit.
- UAE's NBQ says Global loses court bid over stake sale29 July 2009
Kuwait's Global Investment House cannot scrap $642.5m purchase in UAE bank.
- Kuwait's Global to double its capital 'in months'9 July 2009
Part of additional capital will be used to help meet bank's $3bn debt obligations.
- RLPC-Saudi loan restructuring to hit Gulf borrowing29 June 2009
Saad, Algosaibi troubles could crimp lending to Saudi, say banking sources.
- Kuwait's Global hikes capital amid financial crisis15 June 2009
Generating fee income, rather than conducting fire sales, is major aim as firm restructures.
- Global says bondholders agree to extend maturity14 June 2009
Agreement gives breathing space as company continues to restructure its debt.
- Bahrain bourse halts Global's sale of Salam stake11 June 2009
Dispute was over selling a stake in Salam Bank to an unidentified investor, Global says in a statement.
- Kuwait's Global posts Q1 loss of $240m15 May 2009
Investment house sees relative improvement after a major Q4 dive last year.
- Kuwait financial sector 'nearly stable'9 May 2009
Central bank governor says too early to tell whether it has totally overcome impact of global crisis.
- Kuwait's Global eyes capital hike after loss27 April 2009
Kuwait's biggest investment bank says losses on investments, loans caused $884m full-year net loss.
- Global Investment House posts FY loss26 April 2009
Focus on fee generating businesses as the troubled Kuwaiti investment bank swings to a full year loss.
- Kuwait's Global posts Q4 loss of $1.36bn26 April 2009
Impairment charges for investments and loans affects performance of Kuwait's biggest investment bank.
- Global Investment House makes cash payment to investors19 April 2009
Investors with the Global Mena Ijarah Real Estate Fund to receive distribution.
- NBQ asks Global Investment House to pay up14 April 2009
UAE bank seeks full payment fom Kuwait's GIH under stake purchase deal.
- 'Worst over' for Kuwaiti banking sector12 April 2009
Q1 profits expected to decline year on year, but improve from losses in prior quarter.
- GCC cement firm earnings slump by 35%8 April 2009
Economic slowdown takes its toll on cement industry, according to new report.
- Kuwait bourse bans 36 firms from trading1 April 2009
Companies, including major investment firms, penalised for failing to publish their 2008 earnings on time.
- Kuwait bourse may halt 47 firms without earnings31 March 2009
Global Investment House and Investment Dar Co among companies facing stop.
- Global Investment sees lower '09 growth for Bahrain17 March 2009
Kuwait-based GIH sees Bahrain's growth rate at 2.5-3% on lower oil prices, global woes.
- Global Investment House to scale back operations3 March 2009
Troubled Kuwaiti firm to close some branches abroad and scale down investments.
- Kuwait's Global posts $19.6m Q3 loss9 November 2009
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Manager - Internal Audit, Abu Dhabi, UAE
- Branch Managers - Insurance, Riyadh, Saudi Arabia
- Project Finance Manager, Abu Dhabi, UAE
- Internal Audit Manager, Abu Dhabi, UAE
- Banks Analyst, Dubai, UAE


