• Battling inflation ‘priority’ as global growth slows: OECD

    PARIS: World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for “essential” further monetary policy tightening and “more targeted” government support.

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  • IMF-led seminar discusses economic challenges, policy choices for MENA

    By Majd Othman

    KUWAIT: The IMF-Middle East Center for Economics and Finance (CEF) in Kuwait in collaboration with the Arab Fund for Economic and Social Development (AFESD) organized a high-level seminar on ‘Economic Challenges and Policy Choices for the MENA region on Monday.

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  • NIC holds financial analysts conference for Q3 2022 results

    Al Muthana Al Maktoum

    KUWAIT: The National Investments Company held a financial analysts conference for its Q3 2022 results on Thursday, November 17, 2022. The conference witnessed the positive participation of Girish Nair, NIC’s Chief Financial Officer, Bashar Khan, Senior Vice President of Investment Banking Sector, and Al Muthana Al Maktoum, Executive Vice President – Wealth Management Sector, who presented a brief about the company and shed light on the positive financial results achieved in Q3 2022, which reflect the company’s outstanding performance and solid operational achievements that led into maintaining and strengthening its financial position, high-quality assets and its ability to achieve sustained growth. This is all due to the effective strategy and its competent, experienced team.

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  • Zain awarded the ‘Best Diversity & Inclusion Strategy’ at Informa’s Future Workplace Awards 2022

    Dubai: Zain, a leading mobile telecom innovator in seven markets across the Middle East and Africa, has been recognized as having the ‘Best Diversity & Inclusion (D&I) Strategy” in the Middle East at the Future Workplace Awards 2022, held in Dubai on 15 November, organized by the UK based Informa Connect, a member of the FTSE 100.

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  • Recession-hit UK needs more migrant labor: Business lobby

    LONDON: Britain needs more migrant labor to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country’s main business lobby group warned Monday.

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  • Thai economy sees growth boosted by tourism revival

    BANGKOK: Thailand’s economy enjoyed healthy expansion in the third quarter, officials said Monday, with the return of international tourists helping to offset persistently high inflation.

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  • Zain’s first-ever megastore opens at Bibi Tower in Salmiya

    Kuwait: Zain, the leading digital service provider in Kuwait, announced the opening of its first-ever megastore at Bibi Tower in Salmiya, the company’s latest and biggest branch yet.

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  • Twitter turmoil, staff exodus aggravate security concerns

    WASHINGTON: Twitter’s owner Elon Musk has pledged the platform will not become a “hellscape,” but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.

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  • Ivory Coast and Ghana throw down gauntlet on cocoa price

    DJEKANOU, Ivory Coast:  The world’s chocolate industry could be in for a turbulent ride as the two biggest cocoa producers set down demands for manufacturers to pay higher prices for their growers.

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