KUWAIT/ABU DHABI: Arab economies are poised to expand this year and the next as they continue to recover from the COVID-19 pandemic, record lower inflation rates and benefit from improved fiscal positions, the UN said in its latest survey.

NEW DELHI: Indian tycoon Gautam Adani on Friday secured a majority stake in leading news broadcaster NDTV, finalizing a hostile takeover that has sparked press freedom fears in the world’s biggest democracy.

NEW YORK: Wall Street stocks fell Wednesday as markets weighed the odds for further equity losses as the end of the “bear market” of 2022 comes into view.

KUWAIT: In 2022, Kuwait witnessed many major developments and events in the fields of energy, electricity, water and economy.

WASHINGTON: Russia’s invasion of Ukraine, surging inflation and the end of the worst of the COVID-19 pandemic all dramatically shaped 2022. But what might the next year bring?

DUBAI: Dubai International Airport retained its position as the world’s busiest for international passengers.

KUWAIT: Oman Oil Company (OQ), chemical manufacturing company (SABIC), and Kuwait Petroleum International (KPI), signed a project development deal for a jointly owned petrochemical complex in Omani special economic zone, Duqm.

NEW YORK: More than 10,000 flights cancelled over the Christmas holiday, chaos at airports across America: Southwest Airlines found itself in the hot seat Tuesday as the airline behind the lion’s share of the weather-linked travel mayhem.

Kuwait: The year 2022 shaped up to be a turning point for Kuwait and the entire world, as most governments and nations started to loosen restrictions on social gathering and lift lockdowns.