• Lebanon to quiz embattled CB chief

    BEIRUT: A Lebanese judge has summoned central bank governor Riad Salameh for questioning next week, a judicial official said Monday, as the crisis-hit country advances an embezzlement probe parallel to European investigations.

    Read More
  • Saudi’s Bahri inks MoU with Suez Canal Authority

    RIYADH: Driven by its commitment to exploring regional cooperation horizons to achieve its growth objectives and enhance its global position, Bahri, the national shipping company of the Kingdom of Saudi Arabia and a global leader in transportation and logistics, has signed a non-binding renewable six-month agreement with the Suez Canal Authority, an independent general Egyptian Authority responsible for the canal facility’s affairs, a key global shipping lane.

    Read More
  • China sets an economic growth target of ‘around 5%’ for 2023

    BEIJING: China on Sunday set an economic growth target of “around 5 percent” for 2023, one of the lowest in decades, as its annual National People’s Congress opened in Beijing.

    Read More
  • Tiara Jewelry launches latest collection of Arnold & Son’s watches in Kuwait

    KUWAIT: Tiara Jewelry held an event on March 1 at Hamra Tower to celebrate the arrival of Arnold & Son’s five new watches to Kuwait, in the presence of Ayman Zamani, owner of Tiara and agent of Arnold & Son in Kuwait, as well as Cedric Burel, Regional Director of Arnold & Son in the Middle East, Pascal Bechu, Vice President of Sales, watch collector Waleed Al-Jassem and other clients.

    Read More
  • Wind and solar stake claim to land of oil

    DAWSON, United States: Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to the steady rhythm of oil derricks for more than a century are making the state a national leader in wind and solar energy.

    Read More
  • Kuwait’s budget surplus is likely to stabilize around KD 5 billion

    KUWAIT: By the end of February 2023, the 11th month of the current fiscal year 2022/2023 ended with the monthly average price of Kuwaiti oil reaching $83.2 per barrel.

    Read More
  • US services activity cools less than expected in Feb: Survey

    WASHINGTON: The US services sector remained resilient last month, helped by healthy demand and as employment picked up, according to survey data released Friday.

    Read More
  • ‘It’s hard to survive’: UK Amazon workers

    LONDON: “Amazon won’t give you anything if you don’t fight for it,” a union organizer shouted through a bullhorn as dozens of disgruntled workers staged a strike outside the US tech warehouse in Coventry, central England.

    Read More
  • Chaos as Paris airports hit by border control IT outage

    PARIS: A computer glitch at Paris’ main Charles de Gaulle and Orly airports hobbled border controls on Saturday, causing long queues for passengers.

    Read More