KUWAIT: Real estate sales slipped to KD 714 million in 1Q23, their lowest level since 3Q20, as demand moderated amid high valuations in the residential sector, rising borrowing costs and uncertainty over the prospects for reforming utility subsidies and the distribution of plots and residential units during the current year.

DUBAI: Huawei Middle East and Central Asia will be participating in SAMENA Telecommunications Council Leaders’ Summit 2023, the leading telecommunications industry event in the region.

KUWAIT: National Bank of Kuwait (NBK) always seeks to enrich customers’ banking experience by introducing innovative, top-notch products and services that give them a comprehensive and exceptional banking experience.

KUWAIT: As part of its various initiatives to embed the principles of sustainability in society, and as part of its strategic partnership with INJAZ Kuwait, Gulf Bank concluded two workshops for high school and university students, with the aim of supporting youth and preparing them for the future work environment.

PARIS: President Emmanuel Macron met billionaire businessman Elon Musk on Monday to discuss future investment projects, as the French leader hosts a conference aimed at persuading business leaders to put their money in France.

RIYADH, May 15 (KUNA) -- Kuwait's Minister of Finance (MoF) and Minister of State for Economic Affairs and Investment Manaf Al-Hajri stressed on Monday the significance of galvanizing the economic deals on enhancing the joint Arab action.

RIYADH, May 15 (KUNA) -- Secretary General of the GCC Jassem Al-Budaiwi said the states Council, Secretariat, and the Gulf Railways Authority are commencing efforts to complete their works to link the railway project between GCC countries in order to showcase the new innovation in the region.

KUWAIT, May 15 (KUNA) -- The Central Bank of Kuwait announced on Monday the allocation of issuance of bonds and tawarruq valued at KD 340 million (about USD 1.1 billion).

BRUSSELS, May 15 (KUNA) -- Wholesale prices of gas and electricity in the European Union (EU) have come down significantly from the peaks of last year, and continued declining even after the winter forecast, EU Commissioner for Economy Paolo Gentiloni said on Monday.