CBK raises discount rate by 25 basis points
KUWAIT, July 26 (KUNA) -- The Central Bank of Kuwait (CBK) on Wednesday decided to raise the discount rate by 0.25 percent from 4.0 percent to 4.25 percent effective July 27, 2023.
KUWAIT, July 26 (KUNA) -- The Central Bank of Kuwait (CBK) on Wednesday decided to raise the discount rate by 0.25 percent from 4.0 percent to 4.25 percent effective July 27, 2023.
KUWAIT, July 26 (KUNA) -- Kuwait's National Fund for Small and Medium Enterprises (SMEs) on Wednesday called for greater cooperation between state bodies and non-governmental organizations (NGOs) alike, saying it would be instrumental in supporting aspiring entrepreneurs.
KUWAIT, July 26 (KUNA) -- The Ministry of Finance announced on Wednesday recording a surplus in the State final account amounting to KD 6.4 billion (USD 20.8 billion) in the fiscal year 2022-2023, vis a vis actual deficit of KD 4.3 billion (USD 14 billion) in the previous fiscal year.
KUWAIT, July 26 (KUNA) -- The US dollar against the Kuwaiti dinar on Wednesday settled at KD 0.306 and the euro dropped by 0.22 percent to KD 0.338, compared with Tuesday's rates.
KUWAIT: NBK’s social media accounts publish awareness messages for followers about fraud schemes and protection tips.
YACHIMATA, Japan: Kiyoshi Hashimoto’s machinery factory outside Tokyo should be buzzing with industry. Instead, it’s so quiet you can hear him practicing the recorder.
KUWAIT: Al-Ahli Bank of Kuwait (ABK) recently announced its financial results for the first half of the fiscal year 2023 ended 30 June 2023.
BEIJING: China replaced its central bank chief on Tuesday, state media said, as the world’s second-largest economy struggles to revive flagging growth.
BRUSSELS, July 25 (KUNA) -- The European Commission Tuesday announced paying the sixth tranche of EUR 1.5 billion (USD 1.6 billion) under the Macro-financial Assistance package for Ukraine; worth up to EUR 18 billion (USD 19.5 billion).
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