Kuwait: Zain Kuwait, the leading digital service provider in the country, and ZainTech, the one-stop digital and ICT solutions powerhouse of Zain Group, announce a joint collaboration initiative with Microsoft to introduce a national cloud offering for public and private sectors in the country.

LAGOS: Nigeria’s President Muhammadu Buhari on Thursday defended a currency swap that sparked protests and cash shortages, but ordered old, small denomination 200 naira notes to remain in circulation in a bid to ease scarcities.

KUWAIT: After declining consistently since the start of the month, crude oil prices witnessed a sharp recovery to reach over $85/b following an announcement from Russia to cut crude oil production by 0.5 mb/d in retaliation to the sanctions imposed on the country’s crude oil and refined products.

By: Majd Othman

KUWAIT: Chartered Financial Analyst Society Kuwait announced the successful conclusion of its annual CFA Institute Research Challenge for the year 2022/2023, organized by the education committee of the CFA Society that provides university students with mentorship and hands-on training in financial analysis and professional ethics.

WASHINGTON: World Bank chief David Malpass announced Wednesday he would step down nearly a year early, ending a tenure at the head of the development lender that was clouded by questions over his climate stance.

BUENOS AIRES: Like a veritable undercover agent, Monica Schenone tries to pass unnoticed through the aisles of a supermarket in Buenos Aires, sneaking photographs of price tags.

WASHINGTON: Retail sales in the United States rebounded in January, said government data released Wednesday, on improving auto supply while policymakers watch for signs that consumer demand is cooling in the longer run.

DUBAI: Twitter boss Elon Musk said Wednesday that a new CEO might be running the online platform by the end of 2023, after a “rollercoaster” since he took full ownership last year.

Washington: US consumer inflation cooled slightly in January but the figure remains markedly above policymakers’ target, boosted by rent and energy costs, Labor Department data showed on Tuesday.