KUWAIT: As part of its efforts to serve its clients, improve the level of its services and provide a broader range of investment solutions to be the preferred investment choice, National Investments Company, one of the leading investment companies in Kuwait and the region in terms of performance and assets under management, announced in a press statement that a decision has been made to distribute cash dividends to the unit-holders of its Wataniya Investment Fund for the second half of 2022 at a 24 fils per unit of the capital for the net value of the unit as of 31/03/2023, and planned to be distributed by 20/04/2023.

LONDON: Despite the enticing produce in their windows, Muslim-owned retailers on east London’s Brick Lane are unusually quiet as a cost-of-living crisis bites into Ramadan earnings.

WASHINGTON: Elon Musk is no longer the richest man on Forbes‘ annual “World’s Billionaire’s List.” Following his $44 billion acquisition of Twitter, Musk’s wealth has declined to be worth $180 billion which is $39 billion than his wealth last year.

KUWAIT: Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer said “the disappointment that Kuwait is currently experiencing is the most bitter, deepest and oppressive since the disaster of the invasion”, adding “the economic scene, as usual, is forgotten and neglected due to the dominance of political issues, and may exceed the political situation in pain, oppression and frustration.”

RIYADH, April 5 (KUNA) -- GCC Secretary-General Jassim Al-Budaiwi discussed, Wednesday, with the Omani Minister of Commerce, Industry and Investment Promotion Qais Al-Yousef, how to enhance joint Gulf action under the directives of the GCC leaders.

RIYADH, April 5 (KUNA) -- Gulf Cooperation Council Secretary General Jasem Al-Budaiwi affirmed Wednesday importance of benefiting from Gulf achievements according to the stipulations of the economic agreement and underlined the necessity of bolstering joint Gulf work.

BAGHDAD, April 5 (KUNA) -- Iraqi Minister of Finance Taif Sami called on Saudi companies to invest in Iraq as part of efforts cementing bilateral cooperation between the two nations.

TOKYO, April 5 (KUNA) -- South Korea will continue efforts to diversify its trade portfolio and speed up free trade negotiations, including the talks with the Gulf Cooperation Council (GCC) to revitalize slowing exports, Finance Minister Choo Kyung-ho said Wednesday, Yonhap News Agency reported.

Report by Mohammad Kamal

KUWAIT, April 5 (KUNA) -- The trading on shares of listed companies at Boursa Kuwait (the stock exchange) had a negative impact on small investors, said a number of Kuwaiti economists on Wednesday.