KUWAIT, May 28 (KUNA) -- The volume of non-oil trade exchange between Kuwait and Pakistan reached USD 590 million in 2023, Undersecretary of Ministry of Commerce and Industry Ziad Al-Najem said Tuesday.

CAIRO, May 28 (KUNA) -- Kuwait's Al-Ahli United Bank Group (ABK) has been awarded as the best retail bank in Egypt, according to the Middle East Business Intelligence (MEED).

KUALA LUMPUR, May 28 (KUNA) -- Malaysian Prime Minister Anwar Ibrahim, on Tuesday, urged Islamic economic entities to turn to the Islamic economy and finance system as an alternative to capitalism in the Global Forum on Islamic Economy and Finance 2024.

KUWAIT: In its ongoing commitment to fostering diversity and inclusion, Gulf Bank recently participated in the “Partners for Their Employment” Career Fair, organized by the Public Authority for Disabled Affairs in partnership with the Human Construction Institute.

PARIS: The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this year as wage growth will not normalize until 2026, ECB chief economist Philip Lane told the Financial Times.

KUWAIT: As part of its continued efforts to offer its customers a holistically rewarding banking journey, Burgan Bank unveiled its latest draw campaign, “Visa Olympics”, which grants four lucky Visa cardholders an all-expenses-covered trip to Paris to attend the 2024 Summer Olympics.

SINGAPORE: A Singapore shipping firm performed on Monday what it called the world’s first simultaneous refueling of a container ship with bio-methanol while it was being loaded with cargo in the port.

RIYADH: Saudi Arabia’s Public Investment Fund (PIF) on Monday launched the Neo Space Group to work on the kingdom’s nascent satellite and space industry, its first investment in the sector.

BEIJING: China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run company’s registry.