• Al-Mawashi.. 50 years of local livestock supply

    KUWAIT, Nov 27 (KUNA) -- Founded in 1973, Kuwait's Al-Mawashi Livestock Transport and Trade Company, better known as Al-Mawashi, has managed to become a leading livestock supplier locally and regionally.

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  • The role of gold in times of crises

    KUWAIT: According to Salman Al-Naqi, Kuwaiti economist and the 2022 first-place research paper winner of the “Kuwaiti Economic Prize”, gold has long been recognized as a safe-haven asset during times of economic uncertainty and global crises.

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  • Gold prices exceeds $2,000 oz in last week's trading

    KUWAIT: Gold prices exceeded the $2,000 per ounce threshold at the end of last week's trading, following expectations of the imminent end of monetary tightening measures by the US Federal Reserve (central bank), said economic source Sunday.

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  • Saudi’s top 10 banks post rise in Q3 profit on net interest income boost

    RIYADH: The aggregate net profit of Saudi Arabia’s 10 largest banks rose by 3.8 per cent on a quarterly basis in the third quarter, on the back of higher interest income and lower impairment charges, with moderated credit growth expected in the last three months of the year.

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  • Every industry should be held ‘responsible and accountable’ on climate: COP28 president

    PARIS: The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at the negotiations, saying private sector engagement was essential to curb global heating.

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  • NBK introduces exclusive offer to win KD 500 gift voucher from YouGotaGift

    KUWAIT: National Bank of Kuwait (NBK) always seeks to enrich customers’ banking experience by providing unique and valuable offers. In this context, the bank is introducing an exclusive offer to win a KD 500 gift voucher from YouGotaGift, when booking flights through any official airline website using eligible NBK Visa Credit or Prepaid Cards.

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  • CBK launches third Cohort of ‘Risk Management Program’

    KUWAIT: As part of the Central Bank of Kuwait’s (CBK) strategic endeavor to build highly qualified national cadres in various financial and banking fields, and develop risk management capabilities, which has great importance in enhancing the banking environment and in fortifying financial operations, the Governor of the Central Bank of Kuwait and Chairman of the Board of Directors of the Institute of Banking Studies (IBS) Basel A Al-Haroon, launched the third cohort of the Risk Management Leaders Program, within the Kafa’a initiative undertaken by the CBK in collaboration with Kuwaiti banks and managed by the Institute of Banking Studies (IBS).

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  • Federal Reserve reiterates that rates will remain high

    KUWAIT: At their most recent meeting, US Federal Reserve officials showed that there is no desire to cut interest rates anytime soon, especially when inflation is still above their targeted 2 percent level.

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  • Bahrain starts anti-dumping investigations against Gulf imports from China

    MANAMA, Nov 26 (KUNA) -- The Office of the GCC's Technical Secretariat to Combat Harmful Practices in International Trade has started measures for anti-dumping investigations against some Gulf imports from China, said the Bahraini Ministry of Industry and Commerce.

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