Browsing Tag
Commercial Bank of Kuwait
2 posts
Action Energy (ALFTAQA) just doubled profit. Can seven new rigs turn a $1.1bn backlog into the next growth leg?
Action Energy Company delivered KWD4.4 million of first-half net profit as revenue climbed to KWD18.1 million and contracted backlog reached KWD349 million. With seven additional rigs and several oilfield-service platforms now being mobilised, the bigger question is whether the Kuwaiti drilling group can convert that visibility into another growth leg without giving back its post-IPO balance-sheet improvement.
TCS BaNCS for Treasury solution to be deployed by Commercial Bank of Kuwait
Tata Consultancy Services (TCS) said that the Commercial Bank of Kuwait (CBK) has selected its TCS BaNCS for…