KUWAIT, May 4 (KUNA) -- A delegation from Kuwait's Fund for Arab Economic Development (KFAED) visited Thursday a project site in Iraq's northern province of Kurdistan.

KUWAIT: The National Investments Company (NIC) held its ordinary general assembly on Monday (1/5/2023) at its headquarters in Al-Khaleejia Complex, with an attendance rate of 73.65 percent.

KUWAIT: The Gulf Cables & Electrical Industries Group Co (KSCP) at its ordinary general assembly meeting approved the distribution of cash dividends of 60 fils per share to shareholders registered with the company in accordance with the rules in force at Boursa Kuwait.

WASHINGTON, May 3 (KUNA) -- The US central bank raised interest rates on Wednesday to the highest level in 16 years as it battles to stabilize prices.

WASHINGTON, May 3 (KUNA) -- The Executive Directors of the World Bank selected on Wednesday Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023.

BRUSSELS, May 3 (KUNA) -- The European Commission Wednesday announced that it has paid the third and final installment of 200 million euro (USD 220 million) in Macro-Financial Assistance (MFA) to Jordan.

Brussels: Annual inflation in the eurozone rose to seven percent in April, the EU’s statistics agency said Tuesday, the first increase after five consecutive months of declines.

Washington: The US Federal Reserve kicked off a two-day meeting Tuesday morning to decide whether to raise its benchmark lending rate for a 10th — and possibly final — time to tackle rising prices.

BERLIN: Sultan Al-Jaber, the president of this year’s UN climate talks hosted by the United Arab Emirates, on Tuesday called on participants to drastically ramp up their use of renewable energy.