Net profit of Kuwait Finance House drops by 61% in Q2.
The net profit of Kuwait Finance House dropped by 61% to KWD 72mn in Q2 of the year on provisions against bad loans, KFH said in a statement.
)According to Al-Khaleej newspaper, a recently released specialized report by the National Bank of Kuwait shows that the commercial and investment real estate activities volume in the State of Kuwait declined by 28% in October 2008 compared with the previous month of September.