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  • 02, September 2023

    Gulf Bank raises awareness on virtual assets

    KUWAIT: As part of its efforts to promote financial literacy across various segments of society, Gulf Bank has been educating customers about the underlying risks that may result from dealing with virtual assets activities, which are carried through transactions made outside Kuwait, especially cryptocurrency – as it does not hold any legal standing, and it is not issued or supported by any government, nor is it linked to any asset or issuer.

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  • 02, September 2023

    Kenya unveils plans to roll out e-bike scheme across nation

    NAIROBI: Kenya unveiled Friday plans to roll out electric motorbikes across the country under a green transport scheme to reduce carbon emissions and pollution.

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  • 02, September 2023

    US hiring rises unexpectedly but economy shows signs of cooling

    WASHINGTON: Hiring in the United States logged a surprise jump last month, government data showed Friday, but unemployment rose to the highest level since early 2022 as the economy shows signs of cooling. 

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  • 02, September 2023

    Pakistan shopkeepers strike nationwide over inflation

    ISLAMABAD: Thousands of Pakistan traders shuttered their shops on Saturday, striking over soaring energy and fuel bills stirring widespread discontent ahead of national elections. 

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  • 02, September 2023

    KFAED launches program for enhancing fresh engineers' skills

    KUWAIT, Sept 2 (KUNA) -- Kuwait Fund for Arab Economic Development declared on Saturday start of receiving applications for joining its program for training and habilitating newly graduated architects and engineers as of tomorrow Sunday.

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  • 02, September 2023

    Iraq exported over 100 mln barrels of oil in August

    BAGHDAD, Sept 1 (KUNA) -- The Iraqi Ministry of Oil announced on Friday that its exports in last August topped 106.1 million barrels through the State Organization for Marketing of Oil (SOMO), with revenues amounting to USD 8.8 billion. 

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  • 31, August 2023

    First strike in six decades closes famous Japan department store

    TOKYO: The shutters were down on one of Japan’s best-known department stores on Thursday in the sector’s first strike for six decades, sparked by fears that its mooted new US owner will slash jobs. 

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  • 31, August 2023

    Moody’s further downgrades Chinese giant Country Garden

    BEIJING: Moody’s further downgraded the credit ratings of Chinese property developer Country Garden on Thursday as the heavily indebted firm faces a crucial vote to avoid defaulting on a bond repayment. 

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  • 31, August 2023

    UBS to absorb Credit Suisse’s Swiss unit, eyes 3,000 job cuts

    ZURICH: Banking giant UBS said Thursday it plans to fully absorb Credit Suisse’s century-old Swiss division and slash thousands of jobs across the country as it seeks to redress its recently-swallowed rival. 

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