• ABK announces Abdelaal as winner of Alfouz draw

    KUWAIT: Al-Ahli Bank of Kuwait (ABK) proudly announces the successful conclusion of its highly-anticipated Alfouz draw account annual grand draw event, held at The Avenues on Friday, Oct 6. The event, which witnessed an overwhelming response from the public, showcased a range of exciting activities and the reveal of the distinguished winner of the KD 5,000 monthly salary for 10 years.

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  • Africa will get a ‘stronger voice’ at IMF: Georgieva

    ABIDJAN: Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a third seat on the global lender’s executive board, IMF chief Kristalina Georgieva told AFP.

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  • NBK to attend annual meetings of IMF, World Bank Group

    KUWAIT: National Bank of Kuwait (NBK) will participate in the annual meetings of the board of governors of the International Monetary Fund (IMF) and the World Bank scheduled to take place in Marrakech, Morocco, between Oct 9 and October 15.

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  • EU’s richest country Luxembourg grapples with severe housing crisis

    LUXEMBOURG: Luxembourg’s residents may be classified as the wealthiest in the European Union, but the sky-high cost of buying or renting a home in the country has made living there nearly impossible for some.

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  • Developing Kuwait’s industrial scene part of state’s vision

    KUWAIT: Kuwait, through its development vision, had set a course towards cultivating talents and developing the industrial sector in the country.

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  • Kuwait trade mission seeks to open new horizons in Canada

    TORONTO: Canada-Kuwait Business Summit was held in Toronto on Oct 4, 2023 in the presence of Ontario’s Minister of Economic Development, Job Creation and Trade Vic Fedeli, Kuwait Chamber of Commerce and Industry Board Member Dherar Al-Ghanem, Kuwaiti Ambassador to Canada Reem Al-Khaled, Canadian Ambassador to Kuwait Aliya Mawani and Deputy Chairperson of Arab Canadian Business Council Ruba Al-Sayegh, in addition to nearly 100 individuals from the Canadian business sector.

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  • Arab merchandise exports increased by 43% to $1.7tn in 2022

    KUWAIT: The Arab Investment & Export Credit Guarantee Corporation (Dhaman) unveiled that Arab trade in goods and services grew by 32.4% in 2022 to reach $3.5 trillion, buoyed by the growth of exports by 44% to exceed $2 trillion, along with the increase in imports by 20% to about $1.5 trillion.

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  • Macau bets on China’s ‘Golden Week’ holiday to stage comeback

    MACAU: Macau’s baccarat and poker tables were teeming once again as millions of Chinese tourists marked “Golden Week” in October, with post-pandemic travel surging despite the country’s economic slowdown.

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  • Philippine government pledges action on high food prices

    MANILA: High food prices in the Philippines have pushed inflation to a five-month peak, officials said Thursday, increasing pressure on the government to stop the country’s neediest going hungry.

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