KUWAIT: National Bank of Kuwait (NBK) Group took a leading role in advocating for women’s empowerment in the financial sector at the 8th edition of the Future Investment Initiative (FII), themed “Infinite Horizons: Investing Today, Shaping Tomorrow”.

LONDON: Britain’s Prime Minister Keir Starmer on Monday defended “tough decisions” over taxes and public spending set to be unveiled in his Labour party’s maiden budget this week.

JAKARTA: Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple’s failure to meet local investment regulations, according to its industry ministry.

KUWAIT: Kuwait Finance House (KFH) has won “World’s Best Islamic Financial Institution” in 2024 by Global Finance magazine.

LONDON: UK government advisers on Saturday urged ministers to set an “ambitious” target of cutting greenhouse gas emissions by at least 81 percent by 2035 to combat climate change.

WASHINGTON: Governments around the world need to rebuild fiscal capacity and central banks should think carefully about the timing of interest rate cuts, International Monetary Fund Managing Director Kristalina Georgieva said on Friday.

WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned that China’s annual economic growth could drop to “way below” 4 percent unless it executes reforms to lift domestic consumption.

KUWAIT: Saudi Arabia’s non-oil growth is expected to be steady in 2024 (3.7 percent y/y) before accelerating to 4.2 percent in 2025.

UNITED NATIONS: Fighting in Lebanon could further destabilize the country’s economy, already devastated by years of crisis, the UN warned Wednesday, predicting a 9.2 percent drop in GDP in 2024 if the conflict continues.