JOHANNESBURG: Leaders of the BRICS emerging economies, which account for about a quarter of the world’s wealth, meet in Johannesburg this week looking to widen the bloc’s influence and push for a shift in global geopolitics.

TUNIS: Tunisia will again supply flour to more than 1,000 non-subsidized bakeries in the North African country after most of them ceased operating, government and industry officials said on Sunday.

KUWAIT, Aug 20 (KUNA) -- Gold prices dipped at the end of last week's trading, to close at USD 1,889 per ounce, down by 1.5 percent, recording losses for the fourth week in a row, an economic report said Sunday.

KUWAIT, Aug 20 (KUNA) -- Kuwait-based Heavy Engineering Industries & Shipbuilding Company (HEISCO) said Sunday it has signed a contract worth KD 91.7 million (around USD 279.6 million) for a mechanical maintenance service at Mina Abdullah Refinery (MAB) project with a duration of 63 months.

BEIJING: Apple megafans flocked to Beijing’s swish flagship store on Friday as the tech giant kicked off its fourth decade in gadget-mad China — even as it looks to shift some production out of the country.

WASHINGTON: Mortgage rates in the United States have surged to the highest since 2002, said a home loan finance company Thursday, adding pressure to buyers who are already grappling with high costs and low inventory.

DUBAI: After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing “green” hydrogen as they try to transition their economies and ease the climate crisis at a stroke.

KUWAIT: Al-Ahli Bank of Kuwait (ABK) announced its readiness to initiate the subscription process to its capital increase by offering 500 million shares at a value of KD 100 million, following the approvals obtained from regulating authorities. 

KUALA LUMPUR, Aug 19 (KUNA) -- The Association of Southeast Asian Nations (ASEAN) said on Saturday it is seeking to establish cooperation with Russia and India in the field of food security.