KUWAIT: National Bank of Kuwait (NBK), the leading regional bank with presence spanning numerous leading financial center around the word, and PT Kilang Pertamina Internasional (KPI), the refinery arm of PT Pertamina (Persero), Indonesia’s state energy firm and a Fortune Global 500 company, have announced a significant milestone in their collaboration by signing a non-binding Memorandum Of Understanding (MoU) for bilateral and syndicated bank financing facilities.

NEW DELHI: India will stay one of the world’s fastest-growing economies thanks to strong domestic demand and investment helping it weather inflation and challenging global conditions, the World Bank said Tuesday. 

WASHINGTON: Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund said Tuesday. 

BRUSSELS, Oct 3 (KUNA) -- With 578 votes to 24 and 19 abstentions, the European Parliament approved on Tuesday a new trade instrument to enable the EU to respond, should the EU or member states face economic blackmail from a foreign country.

CAIRO, Oct 3 (KUNA) -- Kuwait is intent on achieving full Arab economic and industrial integration through activating origin provision of cumulation in line with Greater Arab Free Trade Area, affirmed Industry Public Authority official, Dr. Abdullah Al-Hajeri on Tuesday.

KUWAIT, Oct 3 (KUNA) -- The prior oversight of Kuwait's State Audit Bureau (SAB) regarding a number of topics, studied and researched between April 1 and September 30, resulted in achieving financial savings of a total of KD seven million (about USD 22.6 million) to the public treasury, said Kuwait's State Audit Bureau (SAB) Tuesday.

DOHA, Oct 3 (KUNA) -- Qatar's Amir Sheikh Tamim bin Hamad Al-Thani Tuesday laid the foundation stone of the North Field Expansion Project in the city of Ras Laffan, as it would strengthen Qatar's position as a global Liquefied Natural Gas (LNG) producer.

KUALA LUMPUR, Oct 3 (KUNA) -- The Malaysian economy remains resilient and will continue to be supportive moving into 2024, anchored by domestic activities, said Malaysia's Central Bank Governor Abdul Rasheed Ghaffour on Tuesday.

KUWAIT, Oct 3 (KUNA) -- The exchange rate of US dollar against the Kuwaiti dinar was stable at KD 0.309 on Tuesday, while the euro went down 0.94 percent to reach KD 0.323, compared to Monday's rates.