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  • 24, December 2023

    Dollar trends lower amid increased expectations of lower interest rates

    KUWAIT: The US Dollar index continues to trade on a downward trajectory, closing the week at 101.71, after a steep decline that followed a dovish speech delivered by Fed Chair Jerome Powell.

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  • 24, December 2023

    Kuwait inflation edged up by 3.79 pct in Nov. - data

    KUWAIT, Dec 24 (KUNA) -- Kuwait's consumer price index (inflation) on an annual basis grew by 3.79 percent last November, according to the Kuwait Central Statistical Bureau (KCSB).

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  • 24, December 2023

    CBK incubates 12th batch of fresh graduates

    KUWAIT, Dec 24 (KUNA) -- The Central Bank of Kuwait has ushered in the 12th batch of freshly graduated citizens, qualified to be enrolled in the banking sector, under umbrella of "Kafaa" initiative launched in cooperation with Kuwaiti banks and supervised by Kuwait Institute of Banking Studies (KIBS).

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  • 24, December 2023

    USD stabilizes at KD 0.307, Euro up to KD 0.338

    KUWAIT, Dec 24 (KUNA) -- The exchange rate of the US Dollar against the Kuwaiti Dinar stabilized on Sunday at KD 0.307, while the Euro exchange rate rose by 0.51 percent to KD 0.338 compared to Thursday's prices, said the Central Bank of Kuwait (CBK).

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  • 24, December 2023

    Dar Al-Sabaek: Gold prices at USD 2,053 per ounce last week

    KUWAIT, 24 Dec (KUNA) -- Gold prices went up to USD 2,053 USD per ounce after the closing of last week's exchange market, a historical price for gold in 2023.

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  • 23, December 2023

    Zain offers latest products and solutions at MAX TECH Expo

    Kuwait: Continuing to actively join the community’s biggest tech gatherings, Zain announces its participation in MAX TECH Expo, the newest technology event in Kuwait.

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  • 23, December 2023

    White House urges ‘serious scrutiny’ of US Steel takeover

    WASHINGTON: A proposed deal that would see US Steel Corp bought by Japan’s Nippon Steel should be closely investigated by American authorities, the White House said, warning it could have national security implications.

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  • 23, December 2023

    China unveils new gaming curbs; tech stocks tumble

    SHANGHAI: China announced new plans to restrict the online gaming industry, sending shares in tech giants including Tencent tumbling. New draft restrictions published online by the regulator are aimed at limiting in-game purchases and compulsive playing behavior.

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  • 23, December 2023

    Japan’s inflation slows to 2.5% as energy bills drop

    TOKYO: Japanese consumer inflation slowed to 2.5 percent year-on-year in November, down from 2.9 percent the previous month, as electricity and gas bills declined, government data showed.

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