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  • 17, March 2024

    CBK: USD stabilizes at KD 0.307, EUR down to KD 0.334

    KUWAIT, March 17 (KUNA) -- The exchange rate of US Dollar stabilized on Sunday against the Kuwaiti Dinar at KD 0.307 while the Euro went down by 0.41 percent to KD 0.334 compared to Thursday, said Central Bank of Kuwait (CBK) on Sunday.

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  • 16, March 2024

    Gulf Bank’s female leadership percentage increases from 10% to 30% over 10 years

    KUWAIT: Salma Al-Hajjaj, the General Manager of Human Resources at Gulf Bank, stated that the number of Kuwaiti female leaders in institutions still does not correspond to the proportion of women in education.

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  • 16, March 2024

    Eyes on BoJ as unions announce big wage hikes

    TOKYO: Japan’s largest trade union said Friday it had secured the highest wage hikes since 1991 in preliminary data that stokes speculation the central bank will finally shift away from its outlier ultra-loose monetary policy.

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  • 16, March 2024

    The Gen Z students are at the heart of Vietnam’s chip plans

    HANOI: Nguyen Phuong Linh is among a crop of young electronics students crucial to Vietnam’s ambitions to become a chips hub. She’s driven, smart and already has her sights set on a professorship — wanting to train a new generation that could help woo foreign investors eager to diversify semiconductor production away from China and Taiwan.

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  • 16, March 2024

    Fitch affirms Kuwait at ‘AA-’; outlook stable

    KUWAIT: Fitch Ratings has affirmed Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-’ with a stable outlook.

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  • 16, March 2024

    Vodafone sells Italian unit to Swisscom

    ZURICH: British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion) in a cash deal that was slammed by Switzerland’s main political party.

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  • 16, March 2024

    Nissan and Honda seek partnership in electric vehicles

    TOKYO: Japanese arch-rivals Nissan and Honda said Friday they were exploring a strategic partnership in electric vehicles to face up to a “once-in-a-century” upheaval in the car industry.

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  • 16, March 2024

    Fitch affirms Kuwait rating at AA - outlook stable

    KUWAIT, March 15 (KUNA) -- The Central Bank of Kuwait (CBK) said on Friday that Fitch Rating Agency affirmed on Kuwait's stable outlook, along with a rating of AA - which is "supported by its exceptionally strong fiscal and external balance sheets.

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  • 14, March 2024

    Zain’s Iftar Hall welcomes worshippers daily at Grand Mosque

    Kuwait: Zain announced the launch of its annual Iftar initiative to serve fasting individuals during the Holy Month of Ramadan, which comes back in its 17th year, this time in strategic partnership with the Grand Mosque of Kuwait.

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