KUWAIT: Kuwait’s domestic credit growth was a relatively decent 0.9 percent in Q1, resulting in a 2 percent y/y increase through March. Business credit drove most of the growth in Q1, expanding by 1.7 percent q/q, more than double the increase recorded in all of 2023 (+0.8 percent).

KUWAIT: The Executive Management of National Bank of Kuwait (NBK) continues their visits to public and private schools across Kuwait to follow up the implementation of the “Bankee” program, which was officially initiated in this school year in partnership with the Ministry of Education, Kuwait Authority for Anti-Corruption “Nazaha”, and Creative Confidence.

BELI BRYAG, Bulgaria: The European Union’s plans to phase out coal are not going down well in Beli Bryag, a Bulgarian mining village that was sacrificed to expand an open-pit mine.

PARIS: Market-based approaches to forest conservation like carbon offsets and deforestation-free certification schemes have largely failed to protect trees or alleviate poverty, according to a major scientific review published on Monday.

KUWAIT: The general assembly of Al Safat Investment Company was held on Wednesday, May 8 at Al Safat Tower, where a long-term strategy was presented, focusing on a set of criteria and controls to ensure sustainability and financial stability, reflecting on its investments and the rights of its shareholders in the future.

BUENOS AIRES: Inflation-battered Argentina on Tuesday introduced a 10,000-peso banknote, worth the equivalent of about $11 -- five times the face value of the previous biggest 2,000-peso bill.

DARBANDIKHAN, Iraq: The reservoir behind the massive Darbandikhan dam, tucked between the rolling mountains of northeastern Iraq, is almost full again after four successive years of drought and severe water shortages.

BEIJING: Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world’s biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

KUWAIT, May 8 (KUNA) -- Exchange rate of the US dollar on Wednesday steadied against the Kuwaiti dinar trading at KD 0.307 and the euro also firmed at the level of KD 0.330 compared to Tuesday's rates.