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  • 10, March 2024

    India signs Trade, Economic Partnership Agreement with EFTA

    NEW DELHI, March 10 (KUNA) -- India and European Free Trade Association (EFTA) signed on Sunday a Trade and Economic Partnership Agreement (TEPA) in New Delhi to promote free trade and economic integration between the two sides.

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  • 10, March 2024

    Egypt's monthly inflation up 11 pct, annual rate up 36 pct

    CAIRO, March 10, (KUNA) -- The Central Agency for Public Mobilization and Statistics said on Sunday that the inflation rate in Egypt rose 11 percent last February on a monthly basis and 36 percent on an annual basis.

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  • 10, March 2024

    US Dollar down to KD 0.306, Euro up to KD 0.335

    KUWAIT, March 10 (KUNA) -- The US Dollar's exchange rate against the Kuwaiti Dinar dropped 0.11 percent to KD 0.306, while the Euro rose 0.20 percent to KD 0.335 compared to Thursday, said Central Bank of Kuwait (CBK) on Sunday.

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  • 09, March 2024

    Georgieva says she would be ‘honored’ to serve 2nd term

    WASHINGTON: IMF chief Kristalina Georgieva said Friday she would be “honored” to helm the Washington-based financial institution for a second five-year term if she is renominated by member states.

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  • 09, March 2024

    Zain teams up with Huawei to establish AI Center of Excellence

    KUWAIT/BARCELONA: Zain announced it is teaming up with global partner Huawei to establish an Artificial Intelligence (AI) Center of Excellence. The step aims to push both partners’ plans for AI-enabled innovative services and 5.5G network automation in the region.

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  • 09, March 2024

    US hiring beats expectations with solid showing

    WASHINGTON: Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn.

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  • 09, March 2024

    Gulf Bank mobile app offers payment link sharing and bill splitting services

    KUWAIT: Gulf Bank’s latest mobile application has rapidly advanced towards digital leadership by offering a wide range of top-notch services. Among these offerings is the ability to send payment links to groups and divide bills among them, effectively improving the overall customer experience with Gulf Bank.

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  • 09, March 2024

    Fears grow for Hong Kong’s finance hub status

    HONG KONG: As Hong Kong fast-tracks a new national security law, the legislation and questions about its implementation have raised fears among the business community.

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  • 09, March 2024

    Sam Altman returns to OpenAI board months after crisis

    SAN FRANCISCO: CEO Sam Altman will return to the board of OpenAI, the company said on Friday, just months after a boardroom dustup that saw him fired and rehired by the company behind ChatGPT.

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