By Majd Othman

KUWAIT: Kuwait Environment Protection Society (KEPS) held its regular general assembly meeting to consider the items of the 45th annual report of the board of directors and the financial statements for the year ending on Dec 31, 2021.

LONDON: Bank titan HSBC said Tuesday that annual pre-tax profit tumbled after taking a huge charge on the sale of French retail operations.

PARIS: Oil and gas companies are not doing enough to cut methane emissions the International Energy Agency (IEA) said Tuesday, despite high energy prices making abatement measures mostly pay for themselves.

DUBAI: Dubai’s airport welcomed 66 million passengers in 2022, more than double the previous year, it said Tuesday, a spike its chief executive attributed to “huge growth” in Russian travelers.

DOHA: Kuwait-based One PM Holding, the Master Franchisee for Pret A Manger in Kuwait, Saudi and Qatar, has granted the sub-franchising rights to Al-Mana Holding to launch the brand in Qatar.

RABAT: Moroccan trade union activists protested Sunday in the capital Rabat and other cities to denounce surging costs of food and fuel, defying a government ban against marches.

KUWAIT: The Central Bank of Kuwait is hosting a panel discussion on financial technology (fintech) regulation and oversight from Feb 20-23, 2023. Representatives of central banks and monetary institutions of the Gulf Cooperation Council (GCC) countries are participating in the panel discussion, organized by the International Monetary Fund’s Center for Economics and Finance in the Middle East (CEF).

ISTANBUL: Turkey was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a massive earthquake killed tens of thousands, razed entire cities and left millions needing urgent help.

BEIJING: After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023.