KUWAIT: The National Investments Company announced its financial results for the third quarter of 2024, where the company achieved a net profit of KD 10.2 million and 12.8 fils per share, compared to the corresponding period of 2023, in which the net profit reached KD 2.5 million and 3.2 fils per share, an increase of 306 percent, which confirms NIC’s position as a distinctive investment banking brand and one of the largest investment companies in Kuwait and the region.

KUWAIT: NBK Wealth (NBKW), a leading provider of all-inclusive wealth management services, announced today its strategic partnership with J.P. Morgan Asset Management (JPMAM), one of the world’s leading asset managers.

KUWAIT: National Bank of Kuwait (NBK) Group took a leading role in advocating for women’s empowerment in the financial sector at the 8th edition of the Future Investment Initiative (FII), themed “Infinite Horizons: Investing Today, Shaping Tomorrow”.

LONDON: Britain’s Prime Minister Keir Starmer on Monday defended “tough decisions” over taxes and public spending set to be unveiled in his Labour party’s maiden budget this week.

JAKARTA: Indonesia has prohibited the marketing and sale of the iPhone 16 model over Apple’s failure to meet local investment regulations, according to its industry ministry.

KUWAIT: Kuwait Finance House (KFH) has won “World’s Best Islamic Financial Institution” in 2024 by Global Finance magazine.

LONDON: UK government advisers on Saturday urged ministers to set an “ambitious” target of cutting greenhouse gas emissions by at least 81 percent by 2035 to combat climate change.

WASHINGTON: Governments around the world need to rebuild fiscal capacity and central banks should think carefully about the timing of interest rate cuts, International Monetary Fund Managing Director Kristalina Georgieva said on Friday.