UNITED ATIONS: The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen’s Houthi rebels, according to the United Nations, raising concerns for global trade.

KUWAIT, Jan 29 (KUNA) -- the US Dollar exchange rate against Kuwaiti Dinar was stable at KD 0.307 on Monday, as well as the Euro at KD 0.333 compared to Sunday rates, said the Central Bank of Kuwait (CBK) on Monday.

KUWAIT: Kamco Invest and Burgan Bank are set to co-host an exclusive investment conference at St. Regis Kuwait on Monday, 12th of February 2024.

UNITED NATIONS: The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen’s Houthi rebels, according to the United Nations, raising concerns for global trade.

CAIRO: Egypt’s economy is reeling from an unprecedented inflation with consumers affected by steep price hikes of essential commodities and a sharp drop in traffic through the Suez Canal impacting one of the government’s main sources of foreign exchange.

WASHINGTON: The US Federal Reserve is widely expected to start cutting interest rates in the coming months, as inflation edges closer to its long-run target of two percent. What is less clear, however, is when the first of those cuts will come.

BRUSSELS: The European Union’s digital enforcer celebrated the “change” underway in the tech world after Apple yielded to a new EU law by announcing it would allow alternative app stores on the iPhone for the first time.

KUWAIT: The highly-anticipated MG Cyberster has made its first appearance in Kuwait as it passes through the country on a unique global and transcontinental driving tour marking the British-born brand’s 100-year anniversary known as: Centenary of Passion.

KUWAIT: As part of its ongoing efforts to enhance the reach and impact of the “Bankee” program, National Bank of Kuwait (NBK) has launched a series of short ads on financial literacy and positive behaviors, with the aim of spreading awareness, promoting financial culture, and instilling moral values in the students of private and public schools in Kuwait.