• US Dollar stable at KD 0.307, Euro rises to KD 0.336

    KUWAIT, Jan 7 (KUNA) -- The US Dollar exchange rate against the Kuwaiti Dinar was stable at KD 0.307 on Sunday, while the Euro went up 0.16 percent to KD 0.336 in comparison to last Thursday, said the Central Bank of Kuwait (CBK).

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  • AI breathes new life into old trends

    SAN FRANCISCO: The annual tech industry fair known as the Consumer Electronics Show is regaining momentum after the pandemic, with artificial intelligence (AI) infusing everything from bicycles to baby bottles.

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  • Global maritime trade sails into geopolitical storm

    PARIS: International maritime trade has hit stormy waters as attacks by Yemen’s Houthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge.

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  • Wall St up despite US jobs data dashing early rate cut hopes

    NEW YORK: Wall Street stocks edged higher Friday, despite strong US jobs numbers pouring cold water on hopes the Federal Reserve will cut interest rates in the world’s top economy in the next few months.

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  • US hiring beats expectations in December

    WASHINGTON: US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November’s presidential election.

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  • Gulf Bank’s digital services undergo a revolutionary transformation in 2023

    KUWAIT: Mohammed Al-Qattan, the General Manager of Consumer Banking at Gulf Bank, affirmed that 2023 marked a substantial improvement in the bank’s financial services, signifying a notable milestone in its ongoing digital transformation efforts.

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  • Tesla to recall 1.6 million cars in China

    BEIJING: Tesla is recalling more than 1.6 million electric vehicles in China, the country’s market regulator said Friday, marking another blow for the US firm days after it was surpassed in EV sales by China’s BYD.

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  • India’s Adani reclaims Asia’s richest mantle

    NEW DELHI: India’s Gautam Adani once again became Asia’s richest man on Friday, according to a Bloomberg index of the world’s billionaires, a year after allegations of market manipulation hammered his conglomerate’s stock prices.

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  • Zain brings derby excitement closer to fans

    Kuwait: In an exciting day for local football fans, and with over 25,000 spectators attending Sabah Al Salem Stadium, Zain celebrated the thrills of the Kuwait Premier League (Dawri Zain) derby between Arabi SC and Qadisiya SC in the 13th round’s opening match.

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