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  • 13, July 2023

    USD stable at KD 0.306, Euro rose to KD 0.341

    KUWAIT, July 13 (KUNA) -- The US dollar remained stable on Thursday vis a vis the Kuwaiti Dinar at KD 0.306 and the Euro rose by 0.92 percent settling at KD 0.341 compared to Wednesday's exchange rates.

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  • 13, July 2023

    Egyptian, Chinese companies agree USD 60 mln. investments

    CAIRO, July 12 (KUNA) -- Egypt's Suez Canal Economic Zone signed a number of contracts with Chinese industrial companies to develop textile, auto parts and power transformer projects inside the joint China-Egypt TEDA Suez Economic and Trade Cooperation Zone (TEDA Egypt).

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  • 13, July 2023

    IMF Approves USD three bln. bailout program for Pakistan

    WASHINGTON, July 12 (KUNA) -- The Executive Board of the International Monetary Fund (IMF) approved on Wednesday a nine-month Stand-By Arrangement (SBA) for Pakistan to the amount of SDR 2,250 million (about USD three billion, or 111 percent of quota) to support the authorities' economic stabilization program.

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  • 12, July 2023

    Gulf Bank announces its 20th millionaire on July 13

    KUWAIT: As part of its keenness to reward its customers, and to encourage a culture of saving in society, Gulf Bank will be announcing the 20th millionaire in the semi-annual Al-Danah millionaire draw today (July 13, 2023).

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  • 12, July 2023

    NBK maintains leadership position in attracting top Kuwaiti talent

    KUWAIT: Throughout the first half of 2023, National Bank of Kuwait (NBK) remained committed in its role as the primary sponsor of national workforce, offering favorable employment prospects for Kuwaiti graduates.

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  • 12, July 2023

    IMF: Bahrain’s economy on strong footing, expanded by 4.9% in 2022

    MANAMA: Bahrain’s economy is on a strong footing as it grew at its fastest pace in a decade since 2022, driven by continued fiscal reforms and improved finances amid higher oil prices, the International Monetary Fund said.

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  • 12, July 2023

    Musk’s antics give Zuckerberg PR makeover

    WASHINGTON: After years of bad press and scandal, Mark Zuckerberg is seeing his reputation spruced up in the fickle world of tech, largely thanks to the increasingly unpredictable behavior of Elon Musk.

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  • 12, July 2023

    CMA: On the path to turn Kuwait into a regional hub

    KUWAIT: Kuwait has been taking steady steps to achieve its strategic objective of turning the country into a regional financial and commercial hub.

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  • 12, July 2023

    ‘Not there yet’: COP host UAE vows to cut more emissions

    DUBAI: The United Arab Emirates promised Tuesday to do more to help keep global warming below the 1.5 degrees tipping point after falling short in its latest plan to slash emissions.

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