KUWAIT, Jan 14 (KUNA) -- Gold prices closed high at USD 2049 per ounce at the end of last week's trading following the surge of geopolitical risks in the Red Sea region.

KUWAIT, Jan 14 (KUNA) -- The exchange rate of the US Dollar on Sunday stood at KD 0.307, whereas the Euro dropped by 0.26 percent to KD 0.336 compared to Thursday's rates, said the Central Bank of Kuwait (CBK).

KUWAIT: Reflecting its unwavering commitment to operational excellence and market leadership, Zain announced the successful renewal of six ISO certifications, attesting to the company’s adherence to the highest standards and its compliance with the best global practices.

DRESDEN: Brandishing suspect flags and even posters calling for opponents to be sent to the gallows, the conspicuous presence of far-right protesters at week-long tractor blockades by farmers have sparked fears that extremists are seeking to exploit the protest movement.

KUWAIT: Under the patronage of the Governor of the Central Bank of Kuwait and Chairman of the Board of the Kuwait Institute of Banking Studies (KIBS), KIBS launched the executive education program to support the development of senior leaders in the banking and finance sector in the GCC, in collaboration with Harvard Business School (HBS) under the title “Navigating the Future: Leading Financial Institutions in an Era of Innovation and Transformation” on Jan 13 - 18, 2024.

NEW YORK: Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year’s crisis involving midsized lenders.

WASHINGTON: The US Federal Aviation Administration (FAA) said Friday that all 737 MAX 9 planes would remain grounded until Boeing provides further data following a near-catastrophic incident on an Alaska Airlines-operated aircraft.

NEW YORK: Oil prices climbed Friday after US and UK forces launched strikes against Houthi rebels, while global stocks were mixed following the kickoff of corporate earnings season.

NEW YORK: Morgan Stanley will pay $249 million to settle civil and criminal charges connected to stock trades where it disclosed key information that it promised to keep confidential, US authorities announced Friday.