• Cooperative Societies: First Kuwait Festival for Tourism supports national products

    KUWAIT, Oct 11 (KUNA) -- Chairman of the Federation of Cooperative Societies Abdulwahab Al-Fares confirmed that the first Kuwait Festival for Tourism and Entertainment entitled "Kuwait: One Hundred and One Nights," slated for next January, will constitute a great opportunity to support national products through collaboration with the Kuwait Festival Association.

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  • USD stable at KD 0.308

    KUWAIT, Oct 11 (KUNA) -- The US dollar remained stable vis a vis the Kuwaiti Dinar on Wednesday trading at KD 0.308 and the Euro rose by 0.35 percent to reach KD 0.327 compared to Tuesday's exchange rates.

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  • IMF revises down world economic growth forecast for 2023-2024

    MARRAKESH, Morocco, Oct 10 (KUNA) -- The global recovery remains slow, with growing regional divergences and little margin for policy error, the International Monetary Fund (IMF) said on Tuesday.

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  • Gulf Bank participates in seminar organized by INJAZ Kuwait

    KUWAIT: As part of its strategic partnership with INJAZ Kuwait, and as part of its continuous efforts to support and motivate youth, Gulf Bank participated in the recent seminar titled, INJAZ Talks, in the presence of the Chief Data & Innovation Officer at Gulf Bank, Mai Bader Al-Owaish.

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  • China’s Belt and Road generated over $2tn in contracts: Beijing

    BEIJING: China announced on Tuesday its Belt and Road Initiative infrastructure project had generated two trillion dollars in contracts around the world, equivalent in size to some of the world’s biggest economies.

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  • Oil prices surge in September, but macro worries spur October drop

    KUWAIT: Oil prices increased for the fourth month in a row in September, driven by tightening oil market fundamentals amid still resilient economic activity. Brent crude closed the month up at $95.3/bbl (+9.7 percent m/m; +10.9 percent ytd), also posting its best quarterly performance (+27 percent q/q) since Q1 2022 in the process.

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  • ZainTECH to showcase digital solutions in its debut at GITEX

    DUBAI: ZainTECH, the integrated digital solutions provider of Zain Group, announces its inaugural participation at GITEX Global 2023, the largest ICT and technology exhibition and conference in the Middle East, taking place in Dubai, UAE, 16-20 October.

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  • China to promote high-quality BRI coop.

    TOKYO, Oct 10 (KUNA) -- China will continue to promote the Belt and Road Initiative (BRI) as its overarching plan and its top-level design for opening up and win-win international cooperation, a white paper released by the State Council Information Office on Tuesday said, according to state-run Xinhua News Agency.

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  • Boubyan Bank safest Islamic financial institution in Kuwait: Global Finance

    KUWAIT: Boubyan Bank made a new achievement by being on Global Finance’s list as the ‘Safest Islamic Financial Institution in Kuwait’, and the second GCC-wide.

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