• Kamco Invest and Burgan Bank to host investment conference

    KUWAIT: Kamco Invest and Burgan Bank are set to co-host an exclusive investment conference at St. Regis Kuwait on Monday, 12th of February 2024.

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  • 42% drop in Suez traffic following Houthi attacks: UN

    UNITED NATIONS: The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen’s Houthi rebels, according to the United Nations, raising concerns for global trade.

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  • Egypt’s economy in dire straits as inflation soars

    CAIRO: Egypt’s economy is reeling from an unprecedented inflation with consumers affected by steep price hikes of essential commodities and a sharp drop in traffic through the Suez Canal impacting one of the government’s main sources of foreign exchange.

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  • US Fed rate cuts become question of when, not if

    WASHINGTON: The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent. What is less clear, however, is when the first of those cuts will come.

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  • EU celebrates ‘change’ as Apple opens App Store to competition

    BRUSSELS: The European Union’s digital enforcer celebrated the “change” underway in the tech world after Apple yielded to a new EU law by announcing it would allow alternative app stores on the iPhone for the first time.

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  • The MG Cyberster makes an electrifying entrance to Kuwait

    KUWAIT: The highly-anticipated MG Cyberster has made its first appearance in Kuwait as it passes through the country on a unique global and transcontinental driving tour marking the British-born brand’s 100-year anniversary known as: Centenary of Passion.

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  • NBK launches short ads to promote financial culture among students

    KUWAIT: As part of its ongoing efforts to enhance the reach and impact of the “Bankee” program, National Bank of Kuwait (NBK) has launched a series of short ads on financial literacy and positive behaviors, with the aim of spreading awareness, promoting financial culture, and instilling moral values in the students of private and public schools in Kuwait.

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  • Zain hosted Drone Photography workshop

    Kuwait: The Zain Innovation Campus (ZINC) hosted a special workshop that covered the basics of drone photography and videography, presented by the talented Kuwaiti photographer and content creator Omar Alsayed Omar.

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  • CBK: Broad money supply settles at KD 39 bln

    By Fawaz Karami KUWAIT, Jan 28 (KUNA) - Central Bank of Kuwait announced on Sunday that the broad money supply (M2) settled last December on a monthly basis at KD 39 billion (about USD 128.7 billion).

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