MUSCAT, Jan 7 (KUNA) -- The Central Bank of Oman (CBO) Sunday declared a discontinuation of specific banknote denominations, as these banknotes will cease to be recognized as legal currency after a 360-day duration from the announcement.

KUWAIT, Jan 7 (KUNA) -- Gold price stabilize at the end of last week's trading to USD 2,045 per ounce, after achieving high of USD 2,060 per ounce amid the geopolitical and technical factors on the yellow metal, said Dar Al-Sabaek In the report released on Sunday by the company, the prices of gold futures contracts for delivery next February stabilized at USD 2,049 per ounce, ending a series of gains that lasted three weeks, as traders reset their bets on the first cut in the US interest rate.

KUWAIT, Jan 7 (KUNA) -- The US Dollar exchange rate against the Kuwaiti Dinar was stable at KD 0.307 on Sunday, while the Euro went up 0.16 percent to KD 0.336 in comparison to last Thursday, said the Central Bank of Kuwait (CBK).

SAN FRANCISCO: The annual tech industry fair known as the Consumer Electronics Show is regaining momentum after the pandemic, with artificial intelligence (AI) infusing everything from bicycles to baby bottles.

PARIS: International maritime trade has hit stormy waters as attacks by Yemen’s Houthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge.

NEW YORK: Wall Street stocks edged higher Friday, despite strong US jobs numbers pouring cold water on hopes the Federal Reserve will cut interest rates in the world’s top economy in the next few months.

WASHINGTON: US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November’s presidential election.

KUWAIT: Mohammed Al-Qattan, the General Manager of Consumer Banking at Gulf Bank, affirmed that 2023 marked a substantial improvement in the bank’s financial services, signifying a notable milestone in its ongoing digital transformation efforts.

BEIJING: Tesla is recalling more than 1.6 million electric vehicles in China, the country’s market regulator said Friday, marking another blow for the US firm days after it was surpassed in EV sales by China’s BYD.