VIENNA: The global economy has proven to be remarkably resilient, thanks to the strong macroeconomic fundamentals and effective policies built over the years, said IMF Managing Director Kristalina Georgieva.

KUWAIT: The Jahra governorate witnessed a special event with the opening of the new MG Adel Alghanim Automotive showroom.

KUWAIT: The government’s draft budget for the fiscal year starting April (FY24/25) projects another large deficit, of KD 5.9 billion.

BEIJING: China’s leadership is confident the economy will improve, an official said Monday, ahead of a key political meeting in which Beijing is expected to unveil one of its most pessimistic growth targets in years.

LONDON: Britain’s Conservative government unveils a pre-election budget on Wednesday that could feature voter-friendly measures as Prime Minister Rishi Sunak’s party badly trails main opposition Labour in polls.

BRUSSELS: The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc’s laws by preventing music streaming services from informing users about subscription options outside of its App Store.

VIENNA: Several OPEC+ countries announced Sunday the extension of additional voluntary cuts of 2.2 million barrels per day for the second quarter of 2024.

KUWAIT: Boursa Kuwait hosted a fireside chat on women’s economic empowerment by Hewdige Nuyens, the Managing Director of the International Banking Federation and the Chair of the European Women on Boards, a non-profit organization that supports women’s empowerment and gender diversity in corporate boards.

KUWAIT: The National Investments Company’s Board of Directors approved the company’s consolidated financial statements for the financial year ending Dec 31, 2023, where its financial and operational performance recorded growth, thanks to its successful strategic vision and diversification aimed at providing sustainable returns and maximizing shareholder value.