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  • 13, September 2023

    Officials: N. Ireland Investment Summit witnesses wide int'l participation

    LONDON, Sept 13 (KUNA) -- Around 200 investors from across the world -- including the US, Europe, the Middle East and Asia Pacific -- will attend a Summit, on Wednesday, [Wednesday 13 September], which would aim to turbocharge inward investment into Northern Ireland.

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  • 13, September 2023

    UK economy shrank more than expected in July

    LONDON, Sept 13 (KUNA) -- The UK economy shrank more than expected in July, driven by strike action by NHS workers and teachers, according to official figures.

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  • 13, September 2023

    USD settles at KD 0.308

    KUWAIT, Sept 13 (KUNA) -- Exchange rate of the US dollar on Wednesday stood at KD 0.308 while the Euro stabilized at KD 0.331, compared to Tuesday's rates.

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  • 12, September 2023

    US govt shutdown threatens economic risk: Treasury official

    WASHINGTON: A US government shutdown brings challenges to the world’s biggest economy and could lead to dampened demand while authorities provide fewer resources to people, a top Treasury official warned Monday.

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  • 12, September 2023

    Central banks hold rates steady as oil prices rebound

    KUWAIT: Economic activity in the US services sector continued to expand in August, marking the eighth consecutive month of expansion. The ISM service PMI rose from 52.7 to 54.5, coming in above market expectations of 52.5 and reaching a 6-month high.

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  • 12, September 2023

    NBK – Bahrain reports net profit of KD 51.7 million in first half of 2023

    KUWAIT: National Bank of Kuwait-Bahrain (NBK Bahrain) reported net profits of BHD 63.38 million (KD 51.7 million) for 1H 2023 compared to BHD 54.84 million (KD 44.68 million) in the corresponding period of 2022. As of end of June 2023, NBK-Bahrain’s total assets stood at BHD 6.75 billion (KD 5.51 billion) compared to BHD 7.05 billion (KD 5.75 billion) in the corresponding period of 2022.

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  • 12, September 2023

    Zain hosts ZGI Demo Day, the most decisive phase of tech startup accelerator program

    KUWAIT: Zain recently hosted its distinguished ZGI Demo Day ceremony, the most decisive phase of the company’s award-winning Zain Great Idea tech startup accelerator program.

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  • 12, September 2023

    Kuwait eyes stronger economic relations with Hungary -- Finance Ministry official

    KUWAIT, Sept 12 (KUNA) -- The State of Kuwait is keen on developing economic relations with Hungary, especially in fields of Information Technology, agriculture, water treatment, renewable energy and tourism, affirmed Finance Ministry official on Tuesday.

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  • 12, September 2023

    UK wage growth, inflation meet 1st time in almost 2 years

    LONDON, Sept 12 (KUNA) -- Wage growth has caught up with rising prices for the first time in nearly two years, even as unemployment goes up, according to a statement released on Tuesday by the Office for National Statistics (ONS).

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Recent News

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