KUWAIT: The General Manager of the Human Resources Department at Gulf Bank, Salma Al-Hajjaj, affirmed the bank’s keenness to empower women and support their career development, noting that women occupied 28 percent of the bank’s leadership positions in 2022.

KUWAIT: As a part of its efforts to offer new and special services to its customers, Boubyan Bank announced the launch of Boubyan Visa Oasis Club digital prepaid card in collaboration with Kuwait Airways, making it the first digital prepaid card of its kind in Kuwait.

DOHA: China and Russia are bolstering their presence in Africa to tap its rich natural resources, analysts say, amid grave warnings from UN agencies the world’s poorest countries face accumulating crippling debts.

TRIPOLI: Youssef Jira, a fresh-faced 18-year-old in a hoodie, has big ambitions in a Libyan society where youthful creativity has long been sacrificed to dictatorship and violence.

By Majd Othman

KUWAIT: The Ordinary General Assembly of Kuwait International Fair Company (KIF) approved the distribution of cash dividends of 50 percent of the nominal value of a share, ie, 50 fils per share, with a total value of KD 1.5 million, to its shareholders for the fiscal year ending on Dec 31, 2022.

Kuwait: Zain Group, a leading mobile telecom innovator in seven markets across the Middle East and Africa, announces its consolidated financial results for the full-year 2022, and fourth quarter ended 31 December, 2022. The Group ended the year with a customer base of 52.4 million, an annual increase of 7%, reflecting an addition of 3.5 million customers.

KUWAIT: Commenting on global oil market developments, the Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC), Eng Jamal Essa Al-Loughani, indicated that a year after the Russian-Ukrainian crisis, global oil markets are experiencing a state of uncertainty, which has reflected in turn on their future prospects.

KUWAIT: In a distinguished step that falls within the efforts of the Union of Investment Companies (UIC) helping to improve the financial markets in Kuwait, it organized an economic seminar entitled “Energy outlook amid macroeconomic and geopolitical uncertainties, impact on Gulf producers”, on Monday which tackled the current economic conditions and future expectations of the oil and gas markets and their repercussions on the global economy.

KUWAIT: US consumer inflation remained elevated in February, according to government data released on Tuesday, adding pressure to the Federal Reserve as it balances its fight to lower prices with financial stability concerns.