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

CAIRO, Aug 31 (KUNA) -- Kuwait confirmed on Thursday that it is continuing to complete the procedures for ratifying the Arab Customs Cooperation Agreement, which entered into force last year after the agreement of 7 member states to the League of Arab States (LAS).

DUBAI, Aug 31 (KUNA) -- In an effort to decrease carbon emissions and reduce pollution, the Emirate of Dubai in the UAE has witnessed an increased Electric Vehicles (EV) trend aimed at creating a more sustainable environment for future generations.

WASHINGTON, Aug 30 (KUNA) -- The US Real gross domestic product (GDP) increased at an annual rate of 2.1% in the second quarter of 2023, according to the "second" estimate, said the Department of Commerce Wednesday.

SHANGHAI: Business in China could become “too risky” for US firms without changes to the regulatory environment, Commerce Secretary Gina Raimondo warned Wednesday as she wrapped up a visit to the world’s second-largest economy.

KUWAIT: The Middle East’s tourism sector has recorded the strongest post-pandemic rebound in the world, despite persistent global economic headwinds, reports HSBC. 

BAMAKO, Mali: Mali has adopted a new mining code allowing the state to take up to 30 percent stakes in new mineral projects and collect more revenues from the vital industry. 

KUWAIT: Gulf Bank has obtained the Central Bank of Kuwait’s approval to increase its issued and paid-up capital by KD 26.1 million through a public offering with rights issue of 260,869,565 new shares at a nominal value of 100 fils in addition to a share premium of 130 fils for each share. 

WASHINGTON: Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment.