By: Fawaz Karami KUWAIT, Nov 20 (KUNA) -- The Central Bank of Kuwait (CBK) had carried out a number of measures to counter financial fraud through directives for financial institutions and banks as well as awareness campaigns for clients and the general masses.

NEW YORK: The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.

NEW YORK: Major investors in OpenAI, the company behind hugely popular ChatGPT, are working to orchestrate the return as CEO of Sam Altman, a leader in the AI revolution who was fired in a shock move Friday, US media reported Sunday.

LOPPERSUM, Netherlands: Spade in hand, Dutch organic farmer Piet Glas strolls off with his Jack Russell terrier Ollie to hunt mice nesting in a nearby apple orchard.

VIENNA: The Austrian property group that co-owns New York’s iconic Chrysler building has warned of an imminent “restructuring” that has cast a spotlight on several precarious projects—and the wealthy tycoon behind the company.

KUWAIT: Gulf Bank announced the completion of the subscription period of the Bank’s capital increase through rights issue successfully, with a 686.3 percent subscription coverage, totaling KD 411.8 million in comparison to issuance size of KD 60 million.

KUWAIT: Recognizing the Bank’s commitment to upholding exemplary practices aligned with the highest standards of transparency and professionalism in investor relations, the Middle East Investor Relations Association (MEIRA) honored National Bank of Kuwait (NBK) with three prestigious excellence awards in 2023.

KUWAIT: Inflation in the United States continues its downtrend, with CPI coming at 3.2 percent annually versus the previous figure of 3.7 percent. Monthly CPI also came in flat from last month’s increase of 0.4 percent, while core CPI fell to 4 percent coming in below expectations.

KUWAIT: Kuwait economic conditions are expected to remain positive over the forecast period, with consumer activity constructive, government fiscal policy expansionary amid elevated oil prices and inflation easing.