KUWAIT, June 11 (KUNA) -- The US dollar on Sunday stood at KD 0.307 while the Euro rose by 0.33 percent to KD 0.330, compared with Thursday's rates.

RIYADH, June 11 (KUNA) -- The 10th edition of the Arab-China Business Conference and the eighth investment seminar will kick off in Riyadh Sunday, with the participation of 23 countries, including Kuwait.

PARIS: Despite the recent fall in oil prices, high air fares may stay in place for some time to come, say airline industry professionals and experts.

OTTAWA: Canada shed 17,000 jobs in May, pushing up for the first time in several months the unemployment rate to 5.2 percent, the national statistical agency said.

KUWAIT: Capital Intelligence Ratings (“CI Ratings”) has affirmed the Long-term Foreign Currency and the Short-term Foreign Currency of Gulf Bank ratings at “A+” and “A1”, respectively. At the same time, CI Ratings has also affirmed the Bank’s Stand alone Rating of “a-“, with a “Stable” Outlook.

KUWAIT: Reflecting its belief in the importance of increasing the efficiency of its employees, National Bank of Kuwait (NBK) organized a masterclass titled “Innovation and Digital Trends” which was delivered by Alberto Levy, the Professor at IE’s Entrepreneurship & Innovation Center.

BONN: The head of the upcoming COP28 climate summit, who also is the chief executive of the UAE’s national oil company, acknowledged that a reduction in the use of fossil fuels is inescapable.

KUWAIT, June 10 (KUNA) -- Al-Ahli Bank of Kuwait has worked out facilities deal worth USD 600 million valid for 37 months through its branch at Dubai Financial International Center.

CAIRO, June 10 (KUNA) -- The general record number of inflation rate in Egypt rose 2.7 percent last May on a monthly basis and 33.7 percent on an annual basis, according to official statistics.