KUWAIT: Isam J Al-Sager, Vice Chairman and Group CEO at National Bank of Kuwait (NBK), said that the bank achieved the highest quarterly profits to-date, as it continued to deliver solid profitability trends, while affirming the group’s ability to generate positive results in various economic conditions and cycles.

KUWAIT: In alignment with its commitment to fostering community sustainability principles, and in observance of Breast Cancer Awareness and Mental Health Month, Gulf Bank has initiated its yearly campaign in October, dedicated to promoting women’s health and safety.

KUWAIT: As part of the bank’s strategic partnership with the National Leadership Institute (NLI), Kuwait Finance House (KFH) Executive Manager Digital Transformation Tareq Al-Ajeel participated in the first discussion panel on the significance of digital transformation.

KUWAIT: In its continuous efforts to raise financial awareness in the investment community and shed light on the latest developments and trends in the international investment community to participants in the Kuwaiti capital market, Boursa Kuwait organized a series of sessions and workshops during the month of October, the latest of which was a collaboration with the Certified Financial Analysts Society (CFA) and its chapters in Kuwait and Bahrain on sustainable finance, held on Wednesday, October 18, 2023.

TOKYO, Oct 22 (KUNA) -- China and the Gulf Cooperation Council (GCC) on Sunday agreed to deepen exchange and cooperation in areas including trade and investment, the digital economy, sustainable development and infrastructure, Chinese state media reported, citing the ministry of commerce.

KUWAIT, Oct 22 (KUNA) -- The Minister of Commerce and Industry and Minister of State for Youth Affairs Mohammad Al-Aiban stated Kuwait's keenness for China to have an active role in developing its contributions to housing cities, infrastructure and energy projects and for these contributions to have a solid impact on Kuwait's economy.

KUWAIT, Oct 22 (KUNA) -- Kuwaiti Minister of Commerce and Industry Mohammad Al-Aiban underscored Sunday establishing adequate infrastructure to accommodate the growing digital economy, and adapt to arising challenges.

KUWAIT: Gulf Bank K.S.C.P. announced its financial results for the first nine months ending 30 September 2023. The bank reported a net profit of KD 53.8 million, an increase of KD 8.1 million or 18 percent compared to 2022 first nine months net profit of KD 45.7 million. 

WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said, leaving the door open for a new interest rate hike.