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  • 05, December 2023

    USD rises to KD 0.308 dinar, Euro at KD 0.334

    KUWAIT, Dec 5 (KUNA) -- The price of US Dollar rose against the Kuwaiti Dinar on Tuesday by five percent to KD 0.308, while the euro was stable at KD 0.334 compared to Monday's rates, said a Central Bank of Kuwait (CBK) statement, Tuesday.

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  • 04, December 2023

    Net-zero targets must include fossil fuel phase-out: Monitor

    DUBAI: Most countries which have committed to a target of net-zero carbon emissions have not announced any plans to phase out fossil fuels, putting those pledges at risk of being little more than a “bumper sticker,” a climate monitor warned Monday.

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  • 04, December 2023

    Turkey’s inflation ticks up to 62%

    ISTANBUL: Turkey’s annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of leveling off following a series of sharp interest rate hikes.

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  • 04, December 2023

    Iran, Cuba vow closer ties to face US sanctions

    TEHRAN: Iran and Cuba vowed Monday to strengthen relations and stand together against sanctions imposed on them by the United States.

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  • 04, December 2023

    Production woes hamper arms sales, says study

    STOCKHOLM: Even with the war in Ukraine fuelling demand, revenue for the world’s top arms suppliers dipped in 2022, as production issues kept companies unable to increase production, researchers said Monday.

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  • 04, December 2023

    Indonesia’s coal love affair still aflame despite pledges

    SURALAYA, Indonesia: Sania sits in front of her home in Indonesia, less than a kilometer from Southeast Asia’s biggest coal complex, where chimneys pump dark grey smoke and a chemical smell into the air.

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  • 04, December 2023

    Spotify cuts 17% of jobs as growth slows

    STOCKHOLM: Music streaming giant Spotify said Monday it would reduce the number of its employees by around 17 percent in a bid to cut costs amid “dramatically” slower economic growth.

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  • 04, December 2023

    Burgan Bank appoints Naqeeb Amin as GM of HR and Development for Group

    KUWAIT: Burgan Bank announced the appointment of Naqeeb Amin, as the General Manager of Human Resources and Development for the Group.

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  • 03, December 2023

    Brazil will join OPEC+ but push cutting fossil fuels, says Lula

    DUBAI: Brazil will tell oil producers to get ready to “reduce fossil fuels” when it joins OPEC+ next year, President Luiz Inacio Lula da Silva said at the COP28 climate talks on Saturday.

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