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  • 29, July 2023

    Gulf Bank records KD 35.8 million in net profit for first half of 2023

    KUWAIT: Gulf Bank K.S.C.P. announced its financial results for the first half ending 30 June 2023.

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  • 27, July 2023

    NBK warns against phishing e-mails, offers protection tips

    KUWAIT: In line with its active role in increasing awareness and promoting financial literacy and inclusion among all segments of society, National Bank of Kuwait (NBK) continues to support the “Let’s Be Aware” banking awareness campaign launched by the Central Bank of Kuwait, in cooperation with local banks and Kuwait Banking Association (KBA).

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  • 27, July 2023

    KFH underlines customers rights, and regulations

    KUWAIT: Kuwait Finance House (KFH) continues efforts to support “Diraya” financial and banking awareness campaign launched by the Central Bank of Kuwait and Kuwait Banking Association for the second year in a row.

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  • 27, July 2023

    Oil, gas majors post sliding profits on weaker prices

    LONDON: Shell joined other energy majors Thursday in posting sliding profits after oil and gas prices weakened from peaks reached in the wake of Russia’s invasion of Ukraine.

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  • 27, July 2023

    G20 environment chiefs ready fresh bid for climate deals

    CHENNAI: G20 environment ministers in India readied a fresh bid on Thursday to strike deals tackling climate change, days after heavy criticism for failing to agree on cutting fossil fuel use.

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  • 27, July 2023

    NIC’s Zajil Fund achieves returns of 12.76% in H1

    KUWAIT: In a press statement, The National Investments Company (NIC) has announced recording a remarkable performance for its investment funds, another achievement that reflects its informed strategy and experienced and knowledgeable funds management team; this also mirrors the track record in managing local and regional portfolios and investment funds.

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  • 27, July 2023

    CBK raises discount rate by 25 basis points to 4.24%

    KUWAIT: The Central Bank of Kuwait (CBK) on Wednesday raised the discount rate by 0.25 percent from 4.0 percent to 4.25 percent effective July 27, 2023.

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  • 27, July 2023

    Financial fraud cases increased in EU in '22 - report

    BRUSSELS, July 27 (KUNA) -- The overall number of cases of financial fraud and irregularities detected and reported in the European Union slightly increased in 2022, according to the EU's anti-fraud office OLAF.

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  • 27, July 2023

    China rolls USD 2.4 bln loan to Pakistan

    ISLAMABAD, July 27 (KUNA) -- Finance Minister of Pakistan Ishaq Dar on Thursday said that China has rolled over a USD 2.4 billion loan to Islamabad for a period of two years.

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