BRIEF-Ahli Bank completes issue of $500 mln new bonds
* Completes issue of debut bonds worth $500 million under its$1.5 Billion EMTN Programme Source:(http://bit.ly/2miSJ1N) Further company coverage:
Feb 6 Kuwait Business Town Real Estate Co :
* FY net profit 3.2 million dinars versus 4.9 million dinars year ago
* FY total operating revenue 5.6 million dinars versus 6.8 million dinars year ago
* Board recommends stock dividend of 5 percent and cash dividend of 2 percent for year 2016 Source(bit.ly/2kINh6H) Further company coverage:
DUBAI, Feb 26 Gulf stock markets may consolidate in quiet trade on Sunday with little fresh news to stimulate trading and the global market environment uninspiring. A surprise loss at Qatar Navigation (Milaha) could dampen the market there.
* FY net profit 2.9 million dinars versus 2.7 million dinars year ago