ISTANBUL: Turkey’s central bank on Thursday brushed aside an inflation reading that has soared past 60 percent and kept its benchmark interest rate steady for the fourth month in a row.

KUWAIT: Heavy Engineering Industries and Shipbuilding Company (HEISCO) elected its new board of directors at its Annual General Assembly meeting on Wednesday.

BEIJING: China’s imports shrank on-year in March for the first time in nearly two years, official data showed, hit by coronavirus lockdowns and weakening consumer demand. 

PARIS: Global oil demand will be slightly lower than forecast this year in the wake of strict Covid lockdowns in China, the world’s biggest importer of crude, the International Energy Agency said Wednesday.

KUWAIT: Zain on Wednesday announced it will contribute to the national initiative through which an invitation was extended to the owners of damaged stores in the huge fire that recently engulfed the historic Souq Al-Mubarakiya to sell their products and conduct business in Souq Al Kuwait and Souq Al Kabeer.

• Boutiqaat: Through the gates of KSA and towards international stardom
• Al-Issa: “The company has overcome many challenges since its establishment in 2015.”
• Al-Julaibi: “Customers have great confidence in Boutiqaat’s offerings.”
• The company aims to increase sales 5 times in the next 5 years
• Over 2000 suppliers included, with an aspiration to increase their number continuously
• Over 5 million orders from various sectors in the market
• Boutiqaat will continue to expand its logistics services and operations across the Kingdom

* Bader Al-Kharafi: Zain focused on providing meaningful connectivity and driving equitable systematic change, centered on a five-year corporate sustainability strategy

* 11th consecutive report charts Zain’s activities through the unprecedented circumstances brought about by the global pandemic

* Zain stands out distinctly in the region with respect to the transparency it reports sustainability activities and outcomes, and in its regional leadership in addressing climate change

KUWAIT: Zain Group, a leading telecom innovator in seven markets across the Middle East and Africa, announces the publication of its 11th consecutive annual sustainability report, entitled ‘A resilient journey across a challenging year’.

GENEVA: The WTO warned Tuesday that Russia’s war in Ukraine had darkened the prospects for world trade as it sounded the alarm against the global economy dividing into rival blocs over the conflict.

WASHINGTON: US inflation continued to surge in March, sending the consumer price index (CPI) up 8.5 percent over the past 12 months, its largest increase in more than four decades, the Labor Department said Tuesday.