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Kuwait: The KSE Market Index finished at 5,858 points. End of last week, it was announced that the Islamist opposition won the majority in the northern Gulf state's parliament, the majlis. Year-to-date, the Kuwait market gauge added 0.75%. The country's largest lender National Bank of Kuwait or NBK closed like the market measure flat at KD1.180.
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Kuwait: Gulf Bank announced that it has agreed on a strategic partnership with Teshkeel Media Group (TMG), creators of 'THE 99'. The agreement was signed by Gulf Bank's Chief Executive Officer and Chief General Manager, Michel Accad and TMG's Founder, Dr. Naif Al-Mutawa at a ceremony held at Gulf Bank's Head Office.
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Kuwait: Kuwait Marriott Hotels recently deployed upgraded Wi-Fi services to equip guests with convenience and the ability to stay connected seamlessly during their stay.
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Kuwait: Infrastructure Investment Kuwait 2012 is the region's leading forum driving up and coming infrastructure and investment opportunities in Kuwait, which is presently undergoing rapid growth within it's economy, industry, population and infrastructure.
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Kuwait: The investment arm of Kuwait's social-security system bought a luxury apartment building in Manhattan's Noho neighbourhood, as demand for multifamily properties surges, Reuters has reported, citing two people with knowledge of the deal. Wafra Investment Advisory Group Inc. last week completed the purchase of 2 Cooper Square, a 144-unit building that includes a rooftop pool, video-game centre and private movie- screening room, according to the source.
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