• USD stands at KD 0.306, Euro at KD 0.335

    KUWAIT, April 26 (KUNA) -- The exchange rate of the US dollar against the Kuwaiti Dinar, Wednesday, remained stable at KD 0.306, and the Euro at KD 0.335, compared with last Thursday, said the Central Bank of Kuwait (CBK).
     

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  • Sunak seeks to boost UK business links amid crisis

    London: British Prime Minister Rishi Sunak sought to repair the government’s tarnished economic record Monday, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry.

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  • UBS hopes to complete Credit Suisse takeover before July

    ZURICH:  UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse before the end of June, as the bank posted an underwhelming first quarter net profit of $1.0 billion.

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  • Gulf Bank: ‘Mission 1200’ gains 10 million views

    KUWAIT: As part of its efforts to provide the best services and benefits to customers, Gulf Bank launched its Ramadan marketing campaign “Ready? Transfer!” which continues to garner millions of views daily – attracting customers who want to benefit from the ‘Get Cash in A Flash’ offer, which includes a cash gift of up to KD 1,200.

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  • US consumer confidence falls ahead of Fed decision

    WASHINGTON: US consumer confidence fell more than many predicted in April, fueled by a deterioration in expectations among over-55s and households with annual incomes over $50,000, according to survey data released Tuesday.

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  • NBK warns against risks and consequences of money laundering

    KUWAIT: National Bank of Kuwait (NBK) pursues its support of the “Let’s Be Aware” banking awareness campaign launched by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA), reflecting its commitment to raise financial culture and awareness among all segments of society and achieve financial inclusion.

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  • Top Indian business delegation to visit Kuwait to bolster ties

    By Sajeev K Peter

    KUWAIT: A high-level business delegation from India is scheduled to visit Kuwait on May 8, 2023 with a view to fostering growing trade and business relations between Kuwait and India.

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  • Kuwait's KFAED contributions KD 4.7 mln in combating malaria worldwide

    KUWAIT, April 25 (KUNA) -- Kuwait Fund for Arab Economic Development (KFAED) had contributed KD 4.7 million (around USD 15.5 million) until April 2023 in the global efforts to combat malaria and other infectious diseases, said a statement on Tuesday.

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  • Brussels hosts EU-China trade talks

    BRUSSELS, April 24 (KUNA) -- European Commission Executive Vice President Valdis Dombrovskis is meeting in Brussels later on Monday Chinese Commerce Minister Wang Wentao to discuss bilateral issues, EU spokesperson for trade Miriam Ferrer told a news conference.

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