IMF lifts global growth forecast
WASHINGTON: The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected “resilience” in major advanced and emerging market economies around the world.
WASHINGTON: The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected “resilience” in major advanced and emerging market economies around the world.
RIYADH: Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the firm said on Tuesday.
KUWAIT: Kuwait International Bank (KIB) concluded another year that testifies to the Bank’s relentless commitment to its slogan and institutional promise, “Bank for Life”.
There is little doubt that 2023 was the year of Artificial Intelligence (AI).
BRUSSELS: The EU has reached an agreement on a first step towards tapping profits from frozen Russian assets to help pay for rebuilding war-ravaged Ukraine, officials said.
OSLO: Norway’s sovereign wealth fund, the world’s biggest, said Tuesday it raked in a record profit of 2.2 trillion kroner ($213 billion) last year, driven largely by US tech stocks.
Kuwait: Zain announced its sponsorship of the smart net-zero bus stop project in collaboration with the Australian University (AU).
KUWAIT, Jan 30 (KUNA) -- The exchange rate of the US Dollar against the Kuwaiti dinar stabilized on Tuesday at KD 0.307 while the Euro fell to KD 0.333 compared to yesterday's prices, said the Central Bank of Kuwait (CBK) on Tuesday.
KUWAIT: Gulf Bank launched on Monday (Jan 29) the environmental sustainability initiative “A Step Towards Change,” striving to alter societal behaviors by encouraging the use of reusable bags.
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