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  • 26, February 2024

    NBK-Egypt reports EGP 4.021bn (KD 41.4m) in net profit in FY 2023

    KUWAIT: National Bank of Kuwait - Egypt (NBK-Egypt) has announced net profits of EGP 4.021 billion (Equivalent to KD 41.4 million) for the financial year 2023, a significant increase from the EGP 1.826 billion (equivalent to KD 30.7 million) reported in 2022, showcasing an impressive annual growth rate of 120.21 percent.

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  • 26, February 2024

    Thousands protest as hunger grows amid Argentine austerity

    BUENOS AIRES: Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei’s harsh austerity measures take their toll.

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  • 26, February 2024

    Disney, India’s Reliance agree merger deal

    NEW DELHI: India’s Reliance Industries has signed a “binding pact” for a merger deal with Walt Disney’s local unit, Bloomberg News reported Monday, a major shakeup for the country’s multi-billion dollar entertainment industry.

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  • 26, February 2024

    Multilateralism ‘under attack’, warns WTO

    ABU DHABI: The World Trade Organization pushed for reform at a high-level ministerial meeting in Abu Dhabi Monday, warning that economic headwinds and geopolitical tensions are threatening global commerce and multilateral trading systems.

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  • 26, February 2024

    Qatar to boost gas output with new field expansion

    DOHA: Qatar on Sunday announced new plans to expand output from the world’s biggest natural gas field, saying it will boost capacity to 142 million tons per year before 2030.

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  • 26, February 2024

    Burgan Bank wins elite JP Morgan’s Quality Recognition Award for 2023

    KUWAIT: Burgan Bank announced receiving the coveted ‘Quality Recognition Award’ for the year 2023 from JP Morgan Chase N A in recognition of its consistently high-quality performance.

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  • 26, February 2024

    Egypt Kuwait Holding achieves net profits of $179m; total revenue $801m for 2023

    KUWAIT: Egypt Kuwait Holding (EKH) closed FY2023 with revenues of $801 million, surpassing pre-Ukraine war historical averages.

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  • 26, February 2024

    Kuwaiti minister: Ensuring food security, global supply chains flow "important"

    ABU DHABI, Feb 26 (KUNA) -- Kuwait's Minister of Commerce and Industry Abdullah Al-Jo'an said on Monday that the 13th Ministerial Conference of the World Trade Organization (WTO) MC13 was an important opportunity to enhance the trading systems.

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  • 22, February 2024

    Weyay Bank unveils Jeel Card, the first of its kind for kids

    KUWAIT: Weyay, Kuwait’s first digital bank, proudly introduces the Jeel Card, a pioneering innovation designed to transform the financial experience of 8- to 14-year-olds within the Weyay app.

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Recent News

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    • NBK named ‘Best Foreign Exchange Provider for 2025’
      07, December 2024
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      05, December 2024
    • Bitcoin breaks $100,000; stocks diverge on France, S Korea crises
      05, December 2024
    • Von der Leyen heads to EU-Mercosur summit for trade deal
      05, December 2024

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