KUWAIT: The combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum in the Middle East and Central Asia and the outlook is highly uncertain across the region, according to International Monetary Fund.

KUWAIT, Oct 15 (KUNA) -- The Kuwait Union of Consumer Cooperative Societies (KUCCS) affirmed on Sunday that it was keen on keeping prices of commodities in check, providing consumers with goods at reasonable prices.

MARRAKESH, Morocco, Oct 14 (KUNA) -- The IMF member countries voted on Saturday to expand the membership of Fund's Executive Board to 25 by giving Africa a third seat while keeping the voting quotas unchanged.

KUWAIT: Boursa Kuwait organized a “Financial Asset Managers Day” on Oct 11, 2023 in collaboration with HSBC, the British-based multinational investment bank and one of the largest investment banks in Europe.

MARRAKESH: Pummeled by debt, poverty and natural disasters, African nations heard many pledges of support but saw little action at the first IMF-World Bank talks to be held on their soil since 1973.

KUALA LUMPUR: Malaysia said Friday it will impose new taxes and cut subsidies to boost the nation’s fiscal position as it faces headwinds from a sluggish global economy.

KUWAIT: Gulf Bank participated in the International Monetary Fund (IMF) Meeting 2023, held in Marrakech, Morocco, from 9 to 15 October 2023, in the presence of a large number of monetary and financial policymakers from around the world. 

KUWAIT: The official delegation representing National Bank of Kuwait (NBK) concluded its participation in the annual events and meetings organized by the Board of Governors of the International Monetary Fund (IMF) and the World Bank Group.

ARTEMISA, Cuba: Crop production has plummeted in fertile Cuba as aid for farmers from a government grappling with tough sanctions and the worst economic crisis in decades has dried up.