Inflation rate in US rises amid sharp increase in energy prices
WASHINGTON, Sept 13 (KUNA) -- The annual inflation rate in the US accelerated for a second straight month to 3.7 percent in August, said Bureau of Labor Statistics Wednesday.
WASHINGTON, Sept 13 (KUNA) -- The annual inflation rate in the US accelerated for a second straight month to 3.7 percent in August, said Bureau of Labor Statistics Wednesday.
KUWAIT, Sept 13 (KUNA) -- The Insurance Regulatory Unit achieved profits worth KD 16 million (approx. USD 51 million) in the last three years, including KD 11 (USD 35 million) for the state treasury, with zero establishment cost for the state.
LONDON, Sept 13 (KUNA) -- Around 200 investors from across the world -- including the US, Europe, the Middle East and Asia Pacific -- will attend a Summit, on Wednesday, [Wednesday 13 September], which would aim to turbocharge inward investment into Northern Ireland.
LONDON, Sept 13 (KUNA) -- The UK economy shrank more than expected in July, driven by strike action by NHS workers and teachers, according to official figures.
KUWAIT, Sept 13 (KUNA) -- Exchange rate of the US dollar on Wednesday stood at KD 0.308 while the Euro stabilized at KD 0.331, compared to Tuesday's rates.
WASHINGTON: A US government shutdown brings challenges to the world’s biggest economy and could lead to dampened demand while authorities provide fewer resources to people, a top Treasury official warned Monday.
KUWAIT: Economic activity in the US services sector continued to expand in August, marking the eighth consecutive month of expansion. The ISM service PMI rose from 52.7 to 54.5, coming in above market expectations of 52.5 and reaching a 6-month high.
KUWAIT: National Bank of Kuwait-Bahrain (NBK Bahrain) reported net profits of BHD 63.38 million (KD 51.7 million) for 1H 2023 compared to BHD 54.84 million (KD 44.68 million) in the corresponding period of 2022. As of end of June 2023, NBK-Bahrain’s total assets stood at BHD 6.75 billion (KD 5.51 billion) compared to BHD 7.05 billion (KD 5.75 billion) in the corresponding period of 2022.
KUWAIT: Zain recently hosted its distinguished ZGI Demo Day ceremony, the most decisive phase of the company’s award-winning Zain Great Idea tech startup accelerator program.
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