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  • 04, June 2024

    Japan PM Kishida asks govt to chart 6-year fiscal plan

    TOKYO: Japanese Prime Minister Fumio Kishida instructed his government to compile a long-term economic and fiscal plan on Tuesday, drawing a line under nearly two decades of falling prices and economic stagnation.

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  • 04, June 2024

    NBK opens new branch in Sabah Al-Ahmad City

    KUWAIT: Reflecting its dedication to provide top-notch banking services to customers anywhere within its strategy to be always closer to customers, National Bank of Kuwait (NBK) has opened its new branch in Sabah Al-Ahmad City, thus expanding its branch network, which is the largest domestically in terms of number and geographical breadth.

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  • 04, June 2024

    Brazilian economy picks up in Q1 as shoppers spend more

    RIO DE JANEIRO: Brazil’s economy grew 0.8 percent in the first quarter, the government said Tuesday, a rebound boosted by consumer spending which analysts say could put the central bank on guard over inflation.

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  • 04, June 2024

    Egypt's net foreign reserves shoot up to USD 46 bln - CBE

    CAIRO, June 4 (KUNA) -- Egypt's net foreign reserves edged up by USD 12.9 billion to USD 46.125 bln in May in an unprecedented record surge, announced the Central Bank of Egypt (CBE) on Tuesday.

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  • 03, June 2024

    Global economic growth expected to be steady at 3.2% in 2024, 2025

    KUWAIT: The IMF projects global economic growth to be steady yet relatively slow at 3.2 percent in each of 2024 and 2025, matching the 2023 expansion.

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  • 03, June 2024

    Weyay Bank launches SELECT card for allowance students

    KUWAIT: Weyay Bank, the first digital bank in Kuwait, Monday announced the first-in-market digital prepaid card that is especially designed to cater the needs of allowance students.

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  • 03, June 2024

    Arm aims to capture 50% of PC market in five years, says CEO

    TAIPEI: Arm Holdings aims to gain more than 50 percent of the Windows PC market in five years, the chip designer’s CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm’s technology.

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  • 03, June 2024

    Microsoft to invest $3.2bn in Sweden

    STOCKHOLM: Microsoft will invest 33.7 billion Swedish crowns ($3.2 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period, it said on Monday.

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  • 03, June 2024

    New airports, aircraft: Wealthy Gulf braces for aviation boom

    DUBAI: With major new airports emerging from the desert and aircraft orders rolling in, the resource-rich Gulf is raising its stake in an industry forecast to boom in the decades ahead.

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Recent News

  • Market Announcements
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    • NBK named ‘Best Foreign Exchange Provider for 2025’
      07, December 2024
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      07, December 2024
    • Pensioners the big losers in Milei’s world
      07, December 2024
    • US Fed would lose independence under Trump: Powell
      05, December 2024
    • Bitcoin breaks $100,000; stocks diverge on France, S Korea crises
      05, December 2024
    • Von der Leyen heads to EU-Mercosur summit for trade deal
      05, December 2024

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