By Fajer Al-Hajeri KUWAIT, July 10 (KUNA) -- Kuwait Direct Investment Promotion Authority (KDIPA) announced the opening of Google Cloud new offices in Kuwait to promote digital transformation in the country.

CAIRO, July 10 (KUNA) -- Secretary General of the Arab League Ahmad Abul Gheit urged the Japanese government to continue encouraging Japanese companies, especially small and medium-sized enterprises, to expand their operations in the Arab region while also calling on Arab companies to take advantage of opportunities in the Japanese market.

AMMAN, July 8 (KUNA) - Jordan's Minister of Investment Kholoud Saqqaf stated on Monday that Kuwait holds the largest and most diverse Arabian Gulf investments in Jordan.

KUWAIT: Burgan Bank announced signing a memorandum of understanding (MoU) with Korea Finance for Construction (KFINCO), making Burgan the sole representing bank in Kuwait for the South Korean co-op institution, as part of the latter’s strategic expansion across the Middle East.

ISTANBUL: China’s electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs.

KUWAIT: Kuwait’s non-oil indicators in Q2 2024 continued to come in soft and suggestive of a sluggish economy, which, according to recent GDP figures for 2023 is operating at subpar levels.

SINGAPORE: Asia’s rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a slowdown is the fastest-growing in the world will pay off.

WASHINGTON: The US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the industry, according to four people with knowledge of the matter.

SINGAPORE: Sri Lanka will wrap up talks with international bondholders on restructuring $12.5 billion in debt within a few weeks, Foreign Minister Ali Sabry said on Tuesday, a major step for the island nation to emerge from its worst financial crisis in decades.