BEIRUT: Lebanon signed on Sunday two oil and natural gas exploration deals in its territorial waters in partnership with QatarEnergy, French TotalEnergies, and Italy’s Eni Energy Company.

ABU DHABI: The fight against global warming should not be at the expense of economic growth, the United Arab Emirates’ oil chief who will lead this year’s UN climate talks said on Monday.

KUWAIT: Boubyan Bank reported KD 57.8 million in net profits for the year 2022 with a growth rate of 19%, with an earnings per share of 14.2 fils along with a recommendation to distribute 6 fils in cash dividends and 6% in bonus shares. Moreover, the bank continued its precautionary approach by allocating KD 43.6 million in provisions.

PARIS: France’s prime minister on Sunday ruled out backtracking on a plan to raise the retirement age as unions prepared for another day of mass protests against the contested reform.

BEIRUT: Qatar on Sunday announced it had entered a consortium to explore Lebanese offshore gas in waters bordering Zionist entity, following a historic border deal last year between the two foes.

WASHINGTON: Slowing inflation and a cooling property sector are fueling expectations that the US central bank can adopt a smaller interest rate hike this week, as policymakers assess current efforts to rein in prices.

KUWAIT: As part of Kuwait Airways’ relentless endeavors to provide the best services to its valued customers, the company organized an event to mark the launch of numerous new and diverse services for the year 2023, held in the presence of various prominent personalities and distinguished guests, at KAC’s headquarters on Thursday.

KUWAIT: Following a year of relentless digital innovation, Burgan Bank has closed 2022 with four awards from Global Finance magazine, after seeing its advanced digital banking app land the highest rating on the iOS App Store and Android Google Play Store in Kuwait, with an average rating of 4.65.

MUMBAI: Shares in the business empire of Asia’s richest man Gautam Adani nosedived Friday, extending this week’s losses to $45 billion, days after a US investment firm claimed it had committed “brazen” corporate fraud.