GENEVA: World economic growth is forecast to decelerate to 2.4 per cent this year – marking recession in the global economy – from 3 per cent in 2022 as deepening inequalities, mounting debt and uneven post-COVID recovery take hold, the United Nations’ trade and development chief said on Wednesday.

ABU DHABI, Oct 4 (KUNA) -- A delegation from Kuwait Business Council (KBC) met on Wednesday the Chairman of Abu Dhabi Chamber of Commerce and Industry (ADCCI) Abdullah Al-Mazouei to discuss ways of enhancing cooperation in various fields and facilitating the Kuwaiti investments in the United Arab Emirates.

ALGIERS, Oct 4 (KUNA) -- The 22nd Algerian-Tunisian Grand Joint Cooperation Commission, on Wednesday, culminated in the signing of 22 bilateral agreements.

VIENNA, Oct 4 (KUNA) -- The 50th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, decided to keep its production policy unchanged.

BRUSSELS, Oct 4 (KUNA) -- The European Commission Wednesday announced the launch of an anti-subsidy investigation into the imports of battery electric vehicles (BEV) from China.

BRUSSELS, Oct 4 (KUNA) -- The European Union spent 331 billion euro (USD 347 billion) on research and development (R&D) in 2021, up 6.9 percent compared with the previous year.

KUWAIT, Oct 4 (KUNA) -- The US dollar remained stable vis a vis the Kuwaiti Dinar on Wednesday trading at KD 0.309 and the Euro also steadied exchanging at KD 0.323 compared to Tuesday's exchange rates.

Kuwait: Zain recently sponsored the Digital PR Forum, an informative event organized by the Kuwait Public Relations Association at the Gulf University for Science and Technology (GUST). 

London: The dollar rose above 150 yen on Tuesday for the first time in a year, as the Japanese currency weakened further on a mix of ultra-loose monetary policy in Japan coupled with rising US interest rates that are attracting investors to the greenback.