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  • 31, July 2023

    Kuwait Airways achieves 30% growth in H1 ‘23

    KUWAIT: Kuwait Airways continues to achieve positive results in the first half of the year 2023, as compared to the first half of the year 2022, and to reach the best levels of excellence in the quality of services it provides to its valued customers, evident in the growth of the operating rates of its entire system. 

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  • 31, July 2023

    Fed to keep options open on rate hike

    WASHINGTON: A Federal Reserve official left open the possibility on Monday of pausing or stopping interest rate hikes at the central bank’s next policy meeting in September, saying “there’s nothing off the table."

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  • 31, July 2023

    CBK issues bonds, tawarruq worth KD 200 mln

    KUWAIT, July 31 (KUNA) -- The Central Bank of Kuwait (CBK) announced Monday new bonds and related tawarruq valued at KD 200 million (around USD 660 million).

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  • 30, July 2023

    Boursa Kuwait records net profit of KD 8.42 million for H1 of 2023

    KUWAIT: Boursa Kuwait announced its financial results for the first half of 2023, recording a net profit of KD 8.42 million during the period ended 30 June 2023, which represented a decrease of 21.4 percent compared to the first half of 2022. 

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  • 30, July 2023

    US, EU central banks hike rates as markets see looming pause

    KUWAIT: In the US, the manufacturing sector grew rapidly, with the latest flash manufacturing PMI coming at 49.0 from 46.3 previously, and beating the expected figure of 46.1.

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  • 30, July 2023

    Global oil demand growth likely to drop in 2023: IEA

    PARIS: Global oil demand is expected to climb by 2.2 mb/d in 2023 to reach 102.1 mb/d, a new record, International Energy Agency has in a recent report. 

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  • 29, July 2023

    KFH employees serve customers in 9 branches in Turkey

    KUWAIT: As part of its constant efforts to offer the best banking experience, Kuwait Finance House (KFH) assigned a team of employees to Turkey to serve customers and visitors during the summer.

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  • 29, July 2023

    Chip giant TSMC determined to ‘keep roots in Taiwan’: CEO

    HSINCHU, Taiwan: Semiconductor giant TSMC said it was determined to “keep its roots in Taiwan” as it launched a massive facility in the island’s north on Friday geared towards developing the world’s most cutting-edge microchips.

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  • 29, July 2023

    No climate crisis agreement at G20 environment meeting

    CHENNAI: Environment ministers from G20 nations failed to agree on peaking global emissions by 2025 and other crucial issues to address the global climate crisis at their meeting in India on Friday.

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