KUWAIT, July 4 (KUNA) -- All local banks will close on Sunday, July 7, as an official holiday on the occasion of the new 1446 Hijri year, Kuwait Banking Association (KBA) announced Thursday.

KUWAIT, July 3 (KUNA) -- Kuwait's Minister of Finance and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf said the projected revenues in the state budget of FY 2024-2025 amount to KD 18.9 billion (nearly USD 61.6 billion), down by 2.8 percent from the figures of the last year.

KUWAIT: In continued efforts to add convenience to its banking experience, Burgan Bank announced that all customers can now benefit from the newly-launched instant payment service WAMD using the Burgan Mobile application.

NEW DELHI: India plans to increase state subsidies on rural housing in the upcoming federal budget by as much as 50 percent from the previous year to more than $6.5 billion, after setbacks for the prime minister’s party in elections, two government sources said.

TOKYO: Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and female education institutions in an attempt to frustrate counterfeiters.

BRUSSELS: The EU’s powerful competition regulator on Wednesday announced it has conditionally approved German airline Lufthansa’s proposed stake in ITA Airways, a deal that Italy called a “big European success”.

WASHINGTON: First-time applications for US unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high towards the end of June, consistent with a gradual cooling in the labor market.

DHAKA: Lashed by torrential rains and scorched by brutal heatwaves, Dhaka’s workers - from rickshaw drivers to those working in clothes factories - are exposed more than most to the reality of the climate emergency.

JAKARTA: Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.