• NBK launches ‘Bankee’ program in cooperation with MoE and Nazaha

    KUWAIT: National Bank of Kuwait (NBK) has signed an MoU with the Ministry of Education (MoE) and Kuwait Authority for Anti-Corruption (Nazaha) to officially launch the “Bankee” program for raising financial literacy among government and private school students, in cooperation with Creative Confidence. 

    Read More
  • China sees moderate Q3 growth as hurdles persist for recovery

    BEIJING: China’s economy is expected to have seen moderate growth in the third quarter, according to an AFP survey ahead of data this week, while experts warn that there were still significant hurdles for its recovery.

    Read More
  • KDIPA: Kuwait is promising hub for investment

    ABU DHABI, Oct 16 (KUNA) -- Kuwait Direct Investment Promotion Authority (KDIPA) has siezed opportunity during its participation in the Global Investment Forum in Abu Dhabi to highlight promising investment opportunities in the country to achieve the desired goals of diversifying economy and backing private sector entrepreneurship in national economy.

    Read More
  • USD 36 bln in UAE foreign investments for '22 renewable energy projects

    ABU DHABI, Oct 16 (KUNA) -- The Chairman of the Abu Dhabi Department of Economic Development Ahmed Al-Zaabi said on Monday that the value of UAE foreign investments in renewable energy projects last year reached 132.5 billion dirhams (about USD 36 billion).

    Read More
  • UN World Investment Forum kicks off in Abu Dhabi

    ABU DHABI, Oct 16 (KUNA) -- The United Nation Conference on Trade and Development (UNCTAD) World Investment Forum 2023 kicked off on Monday in UAE's capital Abu Dhabi, with Kuwait's participation.
    Read More
  • Burp tax causes pre-poll stink with New Zealand farmers

    WELLINGTON: New Zealand has a plan to tax farmers for their livestock’s burps and farts—and it’s causing a stink ahead of Saturday’s general elections.

    Read More
  • IMF: CBs could tame Inflation without causing a recession

    KUWAIT: The IMF and World Bank held an annual meeting in Marrakech on Tuesday where the divergence between country groups economic recovery was addressed, as well as the financial risks associated with “higher for longer” interest rates.

    Read More
  • Gold prices jump more than 3% over Mideast tensions

    KUWAIT: Gold prices recorded a price jump of over three percent at the end of last week’s trading, reaching $1,933 per ounce amid escalating military tensions in the Middle East.

    Read More
  • Middle East growth set to slow this year, says IMF

    KUWAIT: The combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum in the Middle East and Central Asia and the outlook is highly uncertain across the region, according to International Monetary Fund.

    Read More