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Global Investment House


Kuwait’s global to get bond repayment delay approval – sources

Kuwait's Global Investment House is expected to receive approval on Thursday to delay the repayment of bonds worth 95 million dinars ($338.6 million) to November from June, two sources familiar with the matter said.

June 5, 2012 5:24
Kuwait’s Global, Kamco cut nearly 100 jobs

Kuwait’s Global, Kamco cut nearly 100 jobs

Two of Kuwait's largest investment firms have cut nearly 100 jobs in cost-cutting measures, sources said on Sunday, as they grapple with difficult market conditions.

January 22, 2012 5:37

Kuwait’s Global Investment House says creditors agree with repayment delay

Creditors of Kuwait's Global Investment House have agreed to delay repayment of the principal of their debt to the middle of next year, the company said on Monday, so it can undertake a second restructuring.

December 13, 2011 11:38

Creditors OK global investment bond payment delay to June

Kuwait's Global Investment House said on Wednesday bondholders have agreed to delay repayment of a 45 million dinar ($163 million) bond to next June from April.

December 7, 2011 12:30

Kuwait halts Global Investment trading on accumulated losses

The Kuwait bourse halted trading in Global Investment House's shares on Monday, saying its accumulated losses to the end of September had exceeded 75 percent of its capital, contravening market rules.

December 5, 2011 11:01

Kuwait’s Global Investment House Q3 loss widens on market woes

Kuwait's Global Investment House saw its third-quarter net loss widen as the bank continued to battle difficult market conditions, according to a statement on Wednesday.

November 24, 2011 2:00

Court asks Natl Bank of Umm Al Qaiwain to halt $250M payment to Kuwait’s Global Investment House

Says payment halt pending September hearing; NBQ was earlier asked to pay $250 mln to Kuwait's Global

June 29, 2011 10:41

Kuwait’s Global posts $70.2 mln net loss in Q2

First half net loss came in at 34.4 million dinars.

August 12, 2010 2:59

GIH shareholders approve restructuring deal

Kuwait’s Global Investment House (GIH) announced on Tuesday its shareholders have approved a…

January 12, 2010 4:21
Dubai rents: the predicament and the predictions

Dubai rents: the predicament and the predictions

As the region is battered by the financial storm, investment houses and research firms have been churning out reports about the property market in Dubai.

April 16, 2009 3:43