BANKING - KFH Board approves new strategy

arabtimesonline.com - KUWAIT CITY, Jan 7: Kuwait Finance House’s Board of Directors has approved a new five-year strategy and transformation program designed to raise the bank’s performance to the next level. The strategy, which was developed in conjunction with Booz & Company, the international management consultancy firm, is centred on three strategic pillars of improving banking performance in Kuwait, streamlining the group’s investment portfolio and increasing coordination across its international banking subsidiaries.  (source)

Turkey cements ties with Gulf countries

Turkish Prime Minister Recep Tayyip Erdoğan holds hands with his Kuwaiti counterpart Sheikh Nasser al-Ahmad al-Sabah at the Turkish-Arab dialogue conference in Kuwait City on Tuesday. AFP photo

FINANCIAL MARKETS - KFH:full trust in the Turkish economy

KUWAIT: Positive growth rate averages in the Turkish economy have aided the rise and expansion of Kuwait Finance House (KFH) - Turkey, Chairman and Managing Director of the Islamic financial institution, Bader Al-Mukhaizeem said Sunday.

Al-Mukhaizeem said in a statement, that KFH has full trust in the Turkish economy's performance and potentials, which offers investors good opportunities and large possibilities in light of the support of officials in alleviating obstacles in the face of international investors on one hand and others from the Gulf on the other.