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  • 05, June 2023

    Air travel to soar near record: Industry group

    ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector’s post-pandemic recovery remains fragile, an industry group said on Monday.

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  • 05, June 2023

    Kuwait committed to labor market stability, envoy tells ILO talks

    GENEVA, June 5 (KUNA) -- Kuwait is committed to ensure stability and development in the labor market, Kuwaiti permanent representative to the United Nations said on Monday, hailing his country's ties with the International Labor Organization (ILO).
     

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  • 04, June 2023

    Kuwait Clearing Company hosts women empowerment workshop for staff

    KUWAIT: Kuwait Clearing Company (Maqasa) recently organized a workshop on women empowerment for its employees and Boursa Kuwait. The workshop’s aim was to promote gender diversity and inclusivity in the workplace.

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  • 04, June 2023

    Global Finance: Boubyan is the world’s best Islamic retail bank

    KUWAIT: In a new achievement that reinforces its domestic and international leadership, Global Finance has named Boubyan Bank the “World’s Best Islamic Retail Bank” for 2023 upon announcing its awards for banks in Kuwait, the region, and globally.

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  • 04, June 2023

    In distorted Buenos Aires rental market, it’s dollar vs peso

    BUENOS AIRES: Dollar-wielding foreigners living it up in Buenos Aires while locals scrape by; Argentina’s sky-high inflation and weakening currency has yielded a schizophrenic rental market—a bargain for some, a curse for others.

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  • 04, June 2023

    Fast food chain at center of US culture wars

    WASHINGTON: The “Lord’s chicken” no more: US fast food chain Chick-fil-A—beloved among Americans for its sandwiches, nuggets and milkshakes—found itself on the receiving end of right-wing ire this week, accused of succumbing to “woke” ideology.

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  • 04, June 2023

    Gulf Bank announces 10 winners of AlDanah monthly draw

    KUWAIT: The last chance to deposit and qualify for the KD 2 million grand draw is September 30, 2023. As part of its ongoing commitment to reward its customers and account holders, Gulf Bank has announced the 10 monthly winners of the AlDanah account draw for the month of May 2023.

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  • 04, June 2023

    US House and Senate reach agreement to raise debt ceiling

    KUWAIT: The US dollar index fell on the week, last trading around 104.01.EUR/USD decreased to close at 1.0706, while GBP/USD increased by0.91% ending the week at 1.2448. USD/JPY fell below the 140.00 threshold this week, last trading at 139.91. Meanwhile, equities closed mixed this week.

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  • 04, June 2023

    USD traded at KD 0.307, euro at KD 0.329 -- CBK

    KUWAIT, June 4 (KUNA) -- The US dollar on Sunday settled at KD 0.307 and the euro climbed to KD 0.329 compared with Thursday's rates.

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