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  • 16, May 2024

    Moody’s Ratings affirms Kuwait’s A1 rating; maintains stable outlook

    NEW YORK: Moody’s Ratings (Moody’s) has on Thursday affirmed the Government of Kuwait’s long-term local and foreign currency issuer ratings at A1. The outlook remains stable.

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  • 16, May 2024

    Zain demonstrates AI-powered solutions to empower businesses

    KUWAIT: Zain has sponsored the IDC Kuwait CIO Summit 2024, titled The Future of IT: Rethinking Digitalization for an AI Everywhere World.

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  • 16, May 2024

    Next Boeing CEO faces pile of problems

    NEW YORK: Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing’s problems have seemingly gone from bad to worse, complicating an already daunting executive search.

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  • 16, May 2024

    Japan economy suffers severe contraction in Q1

    TOKYO: Japan’s economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.

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  • 16, May 2024

    Dhaman inks MoU with Austria's OEKB

    KUWAIT, May 16 (KUNA) -- Arab Investment & Export Credit Guarantee Corporation (Dhaman) signed a Memorandum of Understanding (MoU) with Austria's National Export Guarantee Agency (OEKB) to boost trade and investment insurance services between Arab countries and Austria.

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  • 16, May 2024

    Japan's Q1 GDP down two pct

    TOKYO, May 16 (KUNA) -- Japan's economy shrank two percent in the January-March period, chiefly due to slow private consumption, government data showed on Thursday.

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  • 15, May 2024

    Egypt’s reform initiatives fuel growth; capital inflows resume

    KUWAIT: The Egyptian economy looks to have turned a corner in recent months following the resumption of capital inflows, the devaluation of the currency and the introduction of measures linked to the IMF program.

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  • 15, May 2024

    Gulf Bank launches its 2030 ESG sustainability strategy

    KUWAIT: Building on the pivotal role of embedding sustainability principles in society, Gulf Bank has announced its ambitious Environmental, Social, and Governance (ESG) spanning from 2024 to 2030.

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  • 15, May 2024

    EU lowers inflation forecast for 2024 despite uncertainty

    BRUSSELS: The EU on Wednesday predicted eurozone inflation to fall faster in 2024 but warned the single-currency area’s economy still faced risks from geopolitical tensions including wars in Ukraine and Gaza.

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Recent News

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