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  • 25, March 2024

    Peruvian economy recovering after shocks, says IMF

    WASHINGTON, DC: The Peruvian economy had a slight contraction in 2023 due to multiple consecutive shocks, while inflation decelerated rapidly.

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  • 25, March 2024

    IMF to extend credit facility to Rwanda

    WASHINTON, DC: Rwanda will have access to $ 76.6 million under the Resilience and Sustainability Facility (RSF) and $88.9 million under the stand-by credit facility (SCF) arrangement, said International Monetary Fund following a review by its board.

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  • 25, March 2024

    Kuwait central bank issues bonds worth USD 792 mln

    KUWAIT, March 25 (KUNA) -- The Central Bank of Kuwait announced Monday issuance of bonds and tawarruq worth KD 240 million (USD 792 million).

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  • 25, March 2024

    Kuwait commerce minister: No carton exports for 3 months

    KUWAIT, March 25 (KUNA) -- Minister of Commerce and Industry and Chairman of the Public Industries Authority Abdullah Al-Joan on Monday declared the banning of exports and re-export of the carton waste for three months.

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  • 25, March 2024

    Japan FIN official warns against currency moves

    TOKYO, March 25 (KUNA) -- Japan's top currency diplomat warned on Monday that the government will take appropriate steps to respond to excessive weakness of yen without excluding any measures, as the yen touched a fresh four-month low against the dollar.

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  • 24, March 2024

    Curacao floating market reborn as border reopens

    WILLEMSTAD, CURACAO, Netherlands Antilles: For four generations, the Cordero family traveled regularly from Venezuela to the island of Curacao to sell their fruit and vegetables at the picturesque “floating” market of Willemstad.

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  • 24, March 2024

    IMF chief urges China to boost growth with ‘pro-market reforms’

    BEIJING: The head of the International Monetary Fund on Sunday called on China to implement “a comprehensive package of pro-market reforms” to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment.

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  • 24, March 2024

    Sprinklers, drip irrigation help Iraqis beat drought

    AL-AZRAKIYA: After four years of drought, Iraqi farmer Mohammed Sami was about to abandon his father’s parched land, but then a water-saving irrigation system revived his crops and his hopes.

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  • 24, March 2024

    Boubyan Bank’s AGM approves distribution of 8% in cash dividends, 6% in bonus shares

    KUWAIT: Chairman of Boubyan Bank Abdulaziz Abdullah Dakheel Al-Shaya, stated: “Boubyan Bank has successfully concluded its 5-year strategy ‘Boubyan 2023’, launched in 2019 that aimed at complete and positive transformation of its business operations.

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Recent News

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      05, December 2024

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