By Sulaiman Redha KUWAIT, Jan 8 (KUNA) -- The Industrial Bank of Kuwait (IBK) managed during the past 50 years to become a main factor in supporting local industries by offering services that helped achieve Kuwait's industrial development.

WASHINGTON: The US air safety regulator said on Saturday that it had grounded some versions of Boeing’s 737 MAX 9 jets pending inspections, causing dozens of flight cancellations a day after a panel blew out of one of the planes over the western US state of Oregon.

THIMPU, Bhutan: The picturesque Himalayan kingdom of Bhutan holds general elections on Tuesday with serious economic challenges calling into question its longstanding policy of prioritizing “Gross National Happiness” over growth. Both parties contesting the vote are committed to a constitutionally enshrined philosophy of a government that measures its success by the “happiness and well-being of the people”.

LONDON: Britain intends to become the first European country to produce an advanced uranium fuel that is currently commercially available only from Russia, the government announced Sunday.

KUWAIT: The Institute of Director’s (IoD) confidence index showed that the gap between economy-optimists and economy-pessimists has fallen to -28 in December from -21 in November.

GENEVA: Equity markets are off to a shaky start in early 2024, said UBS Global Wealth Management. “At the end of US equity trading on Thursday, 10-year US Treasury yields had risen 20 basis points since December to return to 4 percent, while the S&P 500 had declined 2 percent over the same time period,” UBS said in a note.

KUWAIT: As part of its ongoing commitment to reward its customers, Gulf Bank has announced the 10 monthly winners of the Al-Danah account draw for Dec 2023.

SAN FRANCISCO: The annual tech industry fair known as the Consumer Electronics Show is regaining momentum after the pandemic, with artificial intelligence (AI) infusing everything from bicycles to baby bottles.

MUSCAT, Jan 7 (KUNA) -- The Central Bank of Oman (CBO) Sunday declared a discontinuation of specific banknote denominations, as these banknotes will cease to be recognized as legal currency after a 360-day duration from the announcement.