Cairo: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has inked an accord with BG International Limited, a Shell subsidiary company, where KUPEC Egypt would acquire a 40 percent stake in the offshore “the Delta-3 Nile” zone.

KUWAIT: Reflecting its unwavering commitment to investing in the human capital, National Bank of Kuwait (NBK) greatly focuses on training, developing and upskilling its employees.

EL CALLAO, Venezuela: At 10 years old, Martin cannot read, but he is an old hand at detecting traces of the gold he and his young cousins dig for at an open-pit mine in southeastern Venezuela.

LONDON: British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week’s widely-forecast interest rate hike by the Bank of England could be its last for now.

MOGADISHU: As Somalia’s capital witnesses a construction boom following improvements in security, civil engineer Faduma Mohamed Ali is hard at work, supervising male laborers twice her age and breaking barriers in the conservative country.

WASHINGTON, Sept 20 (KUNA) -- The US Federal Reserve decided Wednesday to maintain the target range for the federal funds rate at 5.25-5.5 percent as the inflation rate remains high.

By Salem Al-Methen DUBAI, Sept 20 (KUNA) -- Kuwait's participation in The International Business Council meeting at Dubai's Chamber of Commerce is a reflection of its commitment to strengthening economic relations, and broadening investments horizons, stated Chief of Kuwait Business Council in Dubai, Feras Al-Salem on Wednesday.

By Fawaz Karami KUWAIT, Sept 20 (KUNA) -- The Central Statistical Bureau (CSB) said on Wednesday that the Annual consumer prices registered in August 2023 increased by 3.82 percent compared with August 2022.

TOKYO, Sept 20 (KUNA) -- The Asian Development Bank (ADB) on Wednesday slightly trimmed its growth forecast for developing Asia to 4.7 percent for 2023 from its earlier projection due to rising risks, such as China's property sector and extreme weather events.