KUWAIT, Nov 27 (KUNA) -- The US Dollar's exchange rate with the Kuwaiti Dinar stabilized at KD 0.308, as did the Euro at KD 0.337 in contrast with yesterday's numbers, said the Central Bank of Kuwait (CBK) on Monday.

KUWAIT, Nov 27 (KUNA) -- Founded in 1973, Kuwait's Al-Mawashi Livestock Transport and Trade Company, better known as Al-Mawashi, has managed to become a leading livestock supplier locally and regionally.

KUWAIT: According to Salman Al-Naqi, Kuwaiti economist and the 2022 first-place research paper winner of the “Kuwaiti Economic Prize”, gold has long been recognized as a safe-haven asset during times of economic uncertainty and global crises.

KUWAIT: Gold prices exceeded the $2,000 per ounce threshold at the end of last week's trading, following expectations of the imminent end of monetary tightening measures by the US Federal Reserve (central bank), said economic source Sunday.

RIYADH: The aggregate net profit of Saudi Arabia’s 10 largest banks rose by 3.8 per cent on a quarterly basis in the third quarter, on the back of higher interest income and lower impairment charges, with moderated credit growth expected in the last three months of the year.

PARIS: The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at the negotiations, saying private sector engagement was essential to curb global heating.

KUWAIT: National Bank of Kuwait (NBK) always seeks to enrich customers’ banking experience by providing unique and valuable offers. In this context, the bank is introducing an exclusive offer to win a KD 500 gift voucher from YouGotaGift, when booking flights through any official airline website using eligible NBK Visa Credit or Prepaid Cards.

KUWAIT: As part of the Central Bank of Kuwait’s (CBK) strategic endeavor to build highly qualified national cadres in various financial and banking fields, and develop risk management capabilities, which has great importance in enhancing the banking environment and in fortifying financial operations, the Governor of the Central Bank of Kuwait and Chairman of the Board of Directors of the Institute of Banking Studies (IBS) Basel A Al-Haroon, launched the third cohort of the Risk Management Leaders Program, within the Kafa’a initiative undertaken by the CBK in collaboration with Kuwaiti banks and managed by the Institute of Banking Studies (IBS).

KUWAIT: At their most recent meeting, US Federal Reserve officials showed that there is no desire to cut interest rates anytime soon, especially when inflation is still above their targeted 2 percent level.