RIYADH, June 9 (KUNA) -- Saudi Arabian Oil Group (Aramco) announced Sunday data regarding the ownership structure after offering 1,545 billion shares, with the majority of the shares assigned to investors outside Saudi Arabia.

 KUWAIT: The Central Bank of Kuwait (CBK) said Friday that the international rating agency of Standard & Poor’s confirmed the sovereign rating of Kuwait at A+, with a stable future outlook due to a huge stock of government financial assets support estimated at about 418 percent of the gross domestic product in 2024.

NEW YORK/MEXICO CITY: The Mexican governing party’s unexpectedly lopsided victory this week has investors concerned that it may use its mandate to sweep aside some of the checks on presidential power which have long been a source of comfort to the business community.

WASHINGTON: The US economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the likelihood the Federal Reserve will be able to start rate cuts in September.

KUWAIT: In preparation for summer, Burgan Bank announced that between June 1 and August 31, all customers using Burgan credit and prepaid cards for everyday purchases in Kuwait and around the world are eligible to enter a monthly draw, for the chance to win up to 1,000,000 reward points.

KUWAIT: Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that stc group maintained its position as the most valuable telecom brand in the Middle East for the fourth consecutive year, confirming its leadership status amongst the top 5 strongest telecom brands in the world. According to the latest report from “Brand Finance Global 500”, the group emerged as the strongest brand.

MUMBAI: India’s central bank kept interest rates unchanged for the eighth time in a row on Friday, as inflation risks continue to linger in the world’s fifth-largest economy.

AYODHYA, India: The opening of a grand Hindu temple just three months ahead of India’s general election was supposed to be a crowning moment for populist prime minister Narendra Modi that would carry his party to a dominant victory with its Hindu-first agenda.

KUWAIT: Capital Intelligence Ratings (“CI Ratings”) has affirmed the Long-term Foreign Currency and the Short-term Foreign Currency of Gulf Bank ratings at “A+” and “A1”, respectively. At the same time, CI Ratings has also affirmed the Bank’s Standalone Rating of “a-“, with a “Stable” outlook.