
News
National Investments Company is
July 21, 2014National Investments Company is announcing exit from its entire stake in Barwa, an Islamic bank in Qatar, which is licensed and regulated by the Qatar Central Bank.The exit transaction was done through a disposal of Barwa bank’s shares, for sale...
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National investments Company announces
July 14, 2014National Investments Company announces that one of its fully owned subsidiaries at the Republic of Lebanon has signed a primary contract to sell one of its real estate properties for 2 million USD, generating net profits amounting to around one...
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News
National Investments Company partial
April 1, 2014National Investments Company is announcing its partial exit from its stake in QInvest, an Islamic Sharia compliant investment bank located in the Doha, Qatar.The exit transaction was done through a share buyback by QInvest, for sale proceed amounted to US$...
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National Investments Company exits
January 23, 2014National Investments Company is announcing the exit from its stake in Stronghaven, Inc., a packaging solution company located in the United States of America. An amount of 1.38 million US Dollars (equivalent to approximately 390 thousand Kuwaiti Dinars) will be...
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News
Other Income for NIC
February 6, 2013Gulf International Properties Company (GIP) approved at its Annual General Assembly Meeting held on January 8th, 2013 to write off a loan previously granted to its shareholders. NIC’s share as a result of this decision amounted to KD 851,392 which...
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NIC management announces
September 26, 2012NIC management announces partial exit from its strategic stake in Kuwait Al Areen Real Estate Company. The proceeds of this transaction amounted to KD 5 million. NIC will record during the third quarter total realized gain of KD 596,409 which...
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News
2012 MENA Fund Manager
January 16, 2012NIC was nominated for several awards categories by MENA Fund Manager in recognition for its performance.
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Q3 2011 Financial Results
December 1, 2011During the 9 months ending 30th September 2011, NIC reported a profit of KD 1.26 million and an earning per share of 1 fils.
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Q2 2011 Financial Results
October 9, 2011During the first half of 2011, NIC reported a profit of KD 3.92 million and an earnings per share of 5 fils as at 30 June, 2011.
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Q1 2011 Financial Results
May 15, 2011During the first quarter of 2011, NIC reported a loss of KD 1.02 million and a loss per share of 1 fils as at 31 March, 2011.
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2010 Financial results
May 9, 2011For the year 2010, NIC reported a Net Profit of KD 4.43 Million and an earning per share of 5 fils. Assets under management increased to KD 3.72 billion as at 31st Dec 2010.
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Q3 2010 Financial Results
November 1, 2010NIC reported a net profit of KD 6.22 million and EPS of 7 fils for the 9 month period ending 30th September 2010. During the 3rd quarter ending 30th September 2010, a net profit of KD 50 thousand and EPS...
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Q1 & Q2 2010 financial Results
October 7, 2010During the first half ending 30th June 2010, NIC reported a net profit of KD 6.17 million and EPS of 7 fils for the H1 2010. After registering a Profit of KD 3.46 million and EPS of 4 fils during...
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2009 Financial Results
June 1, 2010A shortage of liquidity within Kuwait and consequently a lowered confidence level contributed to the sluggish recovery process from the crisis. By the year ended 31st December 2009, NIC reported a loss of KD 26.08 Million and a loss per...
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Q2 & Q3 2009 Financial Results
March 31, 2010The effects of the financial crisis witnessed by the world during the second half of 2008 continued well into 2009. NIC reported a net loss of KD 5.07 million and a loss per share of 6 fils during the 9...
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Q1 2009 Financial Results
August 7, 2009The effects of economic crisis spilled well into the First Quarter of 2009. NIC reported a loss of KD 3.86 millionand a loss per share of 5 fils during the First quarter of 2009.
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