• Khaled Waleed Al-Falah, Chairman of Board for NIC

    KUWAIT: In a meeting held on Monday, March 4, 2024, the National Investments Company’s Board of Directors unanimously approved the reformation of the Chairman and Vice Chairman positions, with Khaled Waleed Al-Falah as Chairman of the Board of Directors and Bader Nasser Al-Kharafi as Vice Chairman of the Board of Directors.

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  • Bader Al-Kharafi appointed new Chairman of Gulf Bank

    KUWAIT: The Board of Directors of Gulf Bank gathered on Monday (March 4, 2024) and unanimously elected Bader Nasser Al-Kharafi as the new Chairman. Abdullateef Abdulaziz Al-Sharikh, a reserve member, was called upon to join the board, with Ali Morad Behbehani appointed as the Vice Chairman.

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  • British Minister hails Kuwait's investment-encouraging reforms

    By Marwan Baltrash LONDON, March 5 (KUNA) -- Minister of State in the British Department for Business and Trade Lord Dominic Johnson commended Tuesday the steps taken by the State of Kuwait under the leadership of His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah for encouraging and facilitating investments to diversify its income sources.

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  • Kuwaiti Investment Conf. emphasizes necessity of building cybersecurity infrastructure - Min.

    LONDON, March 5 (KUNA) - The Kuwaiti Investment Conference held in London, on Tuesday, touched on the importance of building infrastructure for cybersecurity systems and digital solutions in banking, education, and health, said Kuwait's Minister of Finance and Minister of State for Economic Affairs and Investment, Dr. Anwar Al-Mudhaf.

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  • Gulf Arab central bank chiefs plan more cooperation amid talks

    DOHA, March 5 (KUNA) -- Central bank governors from across the wider Gulf Arab region came together for talks in the Qatari capital Doha on Tuesday aiming to ratchet up cooperation, agreeing that such a measure was necessary in the face existential economic challenges.

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  • China aims economic growth of around 5 Pct in 2024

    TOKYO, March 5 (KUNA) -- China aims to see economic expansion at around five percent for 2024, unchanged from last year, as the world's second-largest economy will leverage intensified and targeted macro policies to sustain stable growth, state-run China Daily reported on Tuesday.

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  • S. Korea, GCC discuss ways to utilize FTA

    TOKYO, March 5 (KUNA) -- South Korea and the Gulf Cooperation Council (GCC) have discussed ways to utilize their recently-struck free trade agreement (FTA), Seoul's Trade Minister Cheong In-kyo said Tuesday, Yonhap News Agency reported.

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  • Global economy is remarkably resilient: IMF chief

    VIENNA: The global economy has proven to be remarkably resilient, thanks to the strong macroeconomic fundamentals and effective policies built over the years, said IMF Managing Director Kristalina Georgieva.

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  • MG Adel Alghanim Automotive opens new showroom in Jahra

    KUWAIT: The Jahra governorate witnessed a special event with the opening of the new MG Adel Alghanim Automotive showroom.

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