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  • 30, May 2024

    KFAED participates in SIDS4 conf. in Antigua, Barbuda

    KUWAIT, May 30 (KUNA) -- The Kuwait Fund for Arab Economic Development (KFAED) participated on Thursday in the Fourth International Conference on Small Island Developing States (SIDS4), held in Antigua and Barbuda from May 27 to 30, under the theme "Charting the Course toward Resilient Prosperity.

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  • 30, May 2024

    EU adopts package of new anti-money-laundering rules

    KUWAIT, May 30 (KUNA) -- The European Union Thursday adopted a package of new anti-money-laundering rules.

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  • 30, May 2024

    Google invests USD 2 bln to establish data ctr. in Malaysia

    KUALA LUMPUR, May 30 (KUNA) -- Google will invest 9.4 billion Malaysian Ringgit (about USD two billion) to establish a data center and cloud region in Malaysia, Minister of Investment, Trade and Industry, Tengku Zafrul Aziz announced on Thursday.

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  • 29, May 2024

    Afaq Future Real Estate Company

    KUWAIT: Youssef Nasser Yousef Al-Abduljaleel, CEO of Afaq Future Real Estate Company, has announced the company’s prominent position in the realm of real estate development and marketing.

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  • 29, May 2024

    NBK joins official inauguration ceremony of Al-Zour Refinery

    KUWAIT: National Bank of Kuwait (NBK) participated in the official ceremony marking the full commissioning of Al-Zour Refinery, the largest refining facility in the world to be built in one phase.

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  • 29, May 2024

    ConocoPhillips to take over Marathon Oil for $22.5bn

    NEW YORK: US energy giant ConocoPhillips announced Wednesday that it will acquire competitor Marathon Oil in an all-stock transaction valued at $22.5 billion, including $5.4 billion in debt, a major expansion despite pressure to move away from fossil fuels.

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  • 29, May 2024

    Gulf Bank introduces ‘One Trader’ app to trade in Kuwait, international markets

    KUWAIT: In its ongoing efforts to provide the best investment services to its clients, Gulf Bank has announced a partnership with EFG Hermes ONE, the digital trading platform of EFG Hermes, a leading investment bank in the Middle East and North Africa.

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  • 29, May 2024

    IMF lifts China growth forecast, warns on risks

    BEIJING: The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing’s industrial policy risks a “misallocation” of resources and could harm trade.

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  • 29, May 2024

    UAE, South Korea agree to slash import duties, strengthen ties

    SEOUL: South Korea and the United Arab Emirates signed a trade agreement at a summit on Wednesday to sharply cut import duties and forge closer business and investment ties.

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