TRIPOLI: Libya’s state-owned energy firm said Sunday production had resumed at Al-Sharara oilfield, which provides a quarter of the country’s daily oil output, two weeks after protests led to a shutdown.

Kuwait: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announces that in recognition of its excellence and market leadership in Kuwait and across the region, the company was presented with two prestigious honors during the 11th annual Excellence Awards ceremony hosted by UK-based business magazine International Finance in Dubai, UAE. Zain was named ‘Best Telecom Company’ in Kuwait for a fifth time, as well as ‘Best Corporate Governance Telecom Company' in Kuwait for 2023. Zain Kuwait’s Chief Corporate Affairs and Relations Officer Waleed Al Khashti was presented with both accolades during the event.

ABU DHABI, Jan 22 (KUNA) -- Kuwaiti delegation in Abu Dhabi representing Ministry of Finance took part in the 9th Arab Finance Undersecretaries meeting Monday, during which they discussed ways to enhance shared financial cooperation among Arab states by addressing various economic and financial issues.

KUWAIT, Jan 22 (KUNA) -- Central Bank of Kuwait (CBK) issued a circular on Monday stating that all local banks will close on Thursday, February 8th, as an official holiday on the occasion of Al-Israa and Miraaj, said Kuwait Banking Association (KBA).

KUWAIT, Jan 22 (KUNA) -- The US Dollar exchange rate against the Kuwaiti Dinar was stable at KD 0.307 on Monday, as well as the Euro at KD 0.335 compared to the day before, said the Central Bank of Kuwait (CBK), Sunday.

Report by Suleiman Redha KUWAIT, (KUNA) -- Trades in the sector of residential properties are expected to remain limited in 2024 maintaining the bearish trend of 2023 that recorded a 30 percent fall compared to the previous year's transactions.

ANKARA: The head of the central bank of Turkey has denied press allegations that she has granted relatives privileges inside the institution. Hafize Gaye Erkan, 44, the first woman to be appointed president of the bank, granted her father Erol Erkan special favours, according to recent press reports.

KUWAIT: Burgan Bank recently announced the launch of its latest cutting-edge customer service innovation, the personalized queuing system, which is now available across the bank’s branches for the first time in Kuwait.

KUWAIT: US retail sales in December expanded at a rate of 0.6 percent in the month-over-month figure, higher than the 0.4 percent expected figure.