KUWAIT, May 8 (KUNA) -- Commercial Bank of Kuwait on Monday announced a net profit of KD 25.1 million for the quarter that ended 31 March 2023 compared to KD 22.2 million for the same period of last year.

BERLIN, May 8 (KUNA) -- The German Federal Statistics Office announced Monday a significant and unexpected decline in performance of the industrial sector, the very backbone of Europe's largest economy.

KUWAIT, May 8 (KUNA) -- Mezzan Holding Company announced on Monday profits of KD 6.1 million in the first quarter of this year, 57 percent over the same period last year.

ISTANBUL: The earthquake’s frightening rumble came deep in the night. Its ferocity killed thousands of people in their sleep and helped bring down a Turkish government.

GAZA CITY: Seeking a path out of the Gaza Strip’s grinding poverty, Islam Abu Taima combs market alleyways for scraps of cardboard, hoping to transform the castoffs into sellable toys.

KUWAIT: The Central Bank of Kuwait (CBK) announced on Sunday that its data for the “Monthly Monetary Statistics” showed that the Money Supply (M2) went up by 0.4 percent in March, reaching KD 39.2 billion (around $129.3 billion).

KUWAIT, May 7 (KUNA) -- Trade with Hong Kong should thrive even further, given the region's open economy policy, said Kuwait Chamber of Commerce and Industry (KCCI) on Sunday.

KUWAIT, May 7 (KUNA) -- Gold prices declined at the end of last week, closing at USD 2,017 an ounce, after achieving a historic high of USD 2,072 an ounce last Wednesday.

KUWAIT, May 7 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti dinar, Sunday, remained stable at KD 0.306, while the Euro went down to KD 0.337, compared with last Thursday, said the Central Bank of Kuwait (CBK).