KUWAIT: National Bank of Kuwait (NBK) was named “Best Bank for Corporate Responsibility in the Middle East” by Euromoney Awards for Excellence 2023.

LONDON: The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle stubbornly high UK inflation despite such a move worsening a cost-of-living crisis.

WASHINGTON: International Monetary Fund (IMF) and World Bank officials are joining dozens of economic leaders for a two-day summit in Paris, aiming to tackle the interlinked challenges of poverty alleviation and climate change.

KUWAIT: Central Bank of Kuwait (CBK) announced on Thursday that the broad money supply (M2) went up by 0.3 percent last May to settle at KD 39.6 billion (around $130.6 billion).

LE BOURGET: Drones of all shapes and sizes designed to carry more and more weapons or directly deliver explosives are everywhere at the Paris Air Show, matching the scale of their deployment on Ukrainian battlefields.

LONDON, June 22 (KUNA) -- The Bank of England (BoE or the central bank of UK) on Thursday, increased the interest rate by 0.5 to 5 percent, for the 13th time since December 2021 to help slow down inflation rates that reached 8.7 percent.

BRUSSELS, June 22 (KUNA) -- The European Commission Thursday announced that it paid 1.5 billion euro (USD 1.6 billion) under the Macro-financial Assistance package for Ukraine, worth up to 18 billion (USD 19 billion) in total.

KUWAIT, June 22 (KUNA) -- Central Bank of Kuwait (CBK) announced Thursday that the broad money supply (M2) went up by 0.3 percent last May to settle at KD 39.6 billion (around USD 130.6 billion).

KUWAIT: Gulf Bank has announced that the last chance to deposit and qualify for the AlDanah Millionaire prize of KD 100,000 is June 30, 2023 – noting that the winner will be announced on October 12, 2023, in the presence of representatives from both the Ministry of Commerce and Industry, and Ernst & Young.