Global Investment House - Kuwait

Investment bank's losses narrow by 81%, says it needs to restructure estimated $1.75bn of debt.

New report says declining oil, food import prices will have 'major impact'.

UPDATE 10: Abu Dhabi index closes lower, as does Kuwait, Oman.

Kuwait's Global Investment House cannot scrap $642.5m purchase in UAE bank.

Saad, Algosaibi troubles could crimp lending to Saudi, say banking sources.

Agreement gives breathing space as company continues to restructure its debt.

Investment house sees relative improvement after a major Q4 dive last year.

Kuwait's biggest investment bank says losses on investments, loans caused $884m full-year net loss.

Impairment charges for investments and loans affects performance of Kuwait's biggest investment bank.

UAE bank seeks full payment fom Kuwait's GIH under stake purchase deal.

Economic slowdown takes its toll on cement industry, according to new report.

Global Investment House and Investment Dar Co among companies facing stop.

Troubled Kuwaiti firm to close some branches abroad and scale down investments.

Real estate firm inks MoU with Kuwait's biggest investment bank to rejig short-term debt.

Kuwait's Global Investment House sells stake in Palestinian real estate firm as financial crisis bites.

Kuwait government faces fresh pressure as MPs demand bailout of indebted citizens.

Details of $5bn rescue plan reveal that banks and investment firms may have to merge.  

Investment bank makes prediction as real estate sector shows signs of correction.

Saudi banking sector is well-placed despite fourth-quarter losses, says Kuwaiti investment company.

Reports of a multi-billion dinar bailout fund to buy assets from troubled firms have been denied.

Investment house's Saudi unit bags underwriting, consultancy and brokerage services business.

Kuwait's biggest investment bank seeks plan after defaulting on most of its debt.

2008 has proven to be a suprisingly turbulent year across all international markets. Omar al Quqa, executive vice president of Kuwait's Global Investment House, gives his views on the outlook for prices and production in the regional petrochemicals sector

Investment bank chief says she is confident that ratings downgrade will only be temporary.

Decides not to proceed with acquisition of 20% stake in National Bank of Umm Al-Quwain. 

Developer Naseej to seek funds from market in Nov., says business model unchanged.

A look at why regional markets have crashed and what investors can do about it.

Global Investment's Maha Al Ghunaim on the Gulf's ability to come through the global financial crisis intact.

Kuwaiti investment group completes deal for retailer with over 550 outlets in region.

Spurred by oil and a buoyant banking sector, Kuwait's economy is expanding at a terrific pace.

Quarterly income rises to $179mn after series of capital increases in international markets.

Kuwait's Global Investment House in IPO for London-listed private equity fund.

Q2 earnings surge as economy booms and as banks shrug off consumer lending rules.

Dubai Islamic and Kuwait's Global Investment House establish sharia compliant fund.

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Global Investment House and Al-Qudra Holding to set up Abu Dhabi investment bank.

Kuwaiti bank sells 88% stake in Nibras Holding for 9.6 million Kuwaiti dinars.

Kuwait's Global Investment House has revealed its Global Asia Real Estate Fund has made its first acquisition, buying a shopping mall in the city centre of Weifang in Shangdong Province, China.

Al Mazaya Holding has made its niche on the Middle East real estate market, having cornered a number of high-profile projects in the UAE. Arabian Property sits with CEO Khaled Esbaitah and shares his plans for the rising Kuwaiti-based property newsmaker.

State investors say reports of a sale of Ahli United Bank stake are incorrect.

Recent gas and oil field discoveries are helping to significantly boost the country's crude output.

Qatar Islamic Bank (QIB) is to set up a QR1 billion (US$274.8m) fund to invest in stocks listed on the Doha bourse, the worst-performing exchange in the GCC this year QIB and Global Investment House of Kuwait will manage the fund, called Sanabel.

Net income in the three months to March 31 rose 30% to $121.2m.

Bond will be used to restructure Global's debt and free up funds for investment.

Arabian Business has published its '50 Most Admired' list of regional companies.

Kuwait's al Madina for Finance and Investment Co. has bought 65.7% of Kazma Holding Co. for $45.63m.

Saudi's economic city developments are helping to attract foreign investment.

Agreement with US brokerage firm will make it easier for foreign investors to tap into KSE.

James Bennett meets one of the youngest, most powerful and fastest rising Arab bankers on the planet and learns why in just six years he has already become a financial legend