WASHINGTON: Amazon founder Jeff Bezos has sold off about $2 billion in shares of the online distribution giant, according to recent stock market filings.

BEIJING: Chinese e-commerce giant Alibaba Group will increase its share buyback program by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.

KUWAIT: Underlining its ongoing commitment to increase employees’ efficiency and qualify them with the most advanced solutions, National Bank of Kuwait (NBK) hosted the First Annual Meetup for Tableau data analytics and visualization software, with the participation of Salesforce, the famous American cloud-based software company and developer of Tableau.

DUBAI: The International Monetary Fund expects the GDP growth in the Middle East and North Africa to reach 2.9 percent this year, higher than last year, but still below its October projections.

BERRECHID: Around this time every year, Moroccan wheat farmer Abderrahim Mohafid is usually preparing for his spring harvest, but this year his fields lay unusually bare.

MANAMA: Zain FinTech, the financial services arm of Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announced the launch of its new fintech brand, Bede (in my hand).

DUBAI, Feb 11 (KUNA) -- Kuwait and the United Arab Emirates (UAE) sealed an agreement during a key Arab fiscal forum in Dubai aiming to avoid double taxation on income and prevent tax evasion, Kuwait's finance ministry said on Sunday.

KUWAIT, Feb 11 (KUNA) -- The exchange rate of the US Dollar on Sunday stabilized at KD 0.307 and the Euro at 0.331, compared to last Wednesday prices, according to the Central Bank (CBK), Sunday.

BRUSSELS: EU officials said negotiators struck a agreement on Thursday on rules that seek to improve conditions for those working through apps, but member states could still reject the deal.