• In Davos, African countries want to tell a different story

    DAVOS: From South Africa to Rwanda to Nigeria, African countries put on a show of force at the World Economic Forum this week, seeking to transform their image by grabbing private investment rather than development aid.

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  • Indian tycoon Adani bets big on vast solar and wind plant

    MUMBAI: Deep in the desert, India’s most controversial billionaire is building the world’s largest renewable energy park as he races to future-proof his coal-linked fortune.

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  • Tata Steel axes jobs as industry forges ‘greener’ future

    PORT TALBOT: Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced on Friday, as the industry struggles to finance greener production of the metal.

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  • Al-Kharafi to young Kuwaitis: Strive for development, unleash your creativity

    KUWAIT: As part of the ongoing panel discussions of “Tamakan” with the executives of National Bank of Kuwait (NBK), the program hosted Mohammed Al-Kharafi, COO – Head of Group Operations and Information Technology, who shared his extensive experience gained through a long career in the banking sector, and gave them advice on the best ways to develop their career.

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  • Ford cuts output of e-pickup on lower demand

    NEW YORK: US auto giant Ford said Friday that it is reducing production of its F-150 Lightning electric pickup, as it anticipates weaker demand for electric vehicles this year.

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  • US existing home sales fall to lowest level since 1995

    WASHINGTON: US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the lowest level since 1995, said industry data released Friday.

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  • Economic outlook keeps investors wary on Nigeria

    LAGOS: Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa’s largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.

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  • NBK warns customers of storing sensitive info on smartphones

    KUWAIT: As part of its consistent efforts to promote financial culture and awareness among all segments of society, National Bank of Kuwait (NBK) continues to advocate the “Let’s Be Aware” banking awareness campaign introduced by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA).

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  • NBK hosts workshops for KFAED employees

    KUWAIT: In line with its strategic partnership with many government institutions across all sectors, National Bank of Kuwait (NBK) hosted a series of workshops for the employees of Kuwait Fund For Arab Economic Development (KFAED), which focused on key areas related to the Fund’s activities including treasury, trade finance, and money transfers.

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