Financial and Banking News
Gulf Bank Appoints New Chairman, Reports Higher Profits
Gulf Bank of Kuwait has appointed a new chairman and managing director forits board of directors to replace Mr. Mustafa Sultan al-'Isa. He is one of theowners of the prominent local consulting engineering partnership KuwaitEngineers Office (KEO), Dr. 'Abd al-'Aziz Sultan al-'Isa. Gulf Bank has reporteda 9% increase in profits to KD7.7mn, and increased its total...