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  • 24, December 2022

    Zain Diamond Sponsor of 13th Kuwait Week in Egypt

    Kuwait: Zain, Kuwait’s leading digital service provider, announced its diamond sponsorship of the 13th Kuwait Week in Egypt, organized by Jabriya Exhibition Group in Cairo.

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  • 24, December 2022

    Kamco Invest hosts workshop on global market challenges, inflation

    KUWAIT: Kamco Invest, a regional non-banking independent financial powerhouse with one of the largest AUMs in the region, hosted a joint exclusive workshop in collaboration with IQAM Invest, a modern fund manufacturer with more than 30 years of market experience, to share their views on the changing paradigms in economic policy and the threat of persistent inflation.

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  • 24, December 2022

    US Congress green-lights $1.7tn in annual govt spending package

    WASHINGTON: US lawmakers approved a sweeping annual spending package Friday that includes $45 billion in Ukraine aid and reforms to election law aimed at avoiding a repeat of last year’s assault on the Capitol.

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  • 24, December 2022

    Fed’s preferred inflation gauge eases while US spending stalls

    WASHINGTON: A key indicator of US inflation edged down in November, according to government data released Friday, in welcome news to households grappling with soaring costs while spending slowed.

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  • 22, December 2022

    Food price inflation tears into British household budgets

    LONDON: About half the adults in the UK are buying less when they go shopping for food and concern over Christmas food prices is far higher than last year, according to data from the Office for National Statistics (ONS).

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  • 22, December 2022

    Turkey hikes minimum wages for third time to cushion inflation

    ISTANBUL: Turkish President Recep Tayyip Erdogan on Thursday announced the third major minimum wage hike in a year to try and cushion the impact of a historic jump in consumer prices ahead of crunch elections.

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  • 22, December 2022

    Kuwait’s economic recovery continues, fiscal and external balances improving

    KUWAIT: The Central Bank of Kuwait (CBK) has published a statement on Thursday released by the International Monetary Fund (IMF) on the occasion of the conclusion of its mission’s visit to Kuwait.

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  • 22, December 2022

    Facebook agrees to pay $725 million to settle privacy suit

    San Francisco: Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the social network of allowing third parties, including Cambridge Analytica, to access users’ private data.

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  • 22, December 2022

    US Fed’s preferred inflation gauge eases in November

    Washington: A key indicator of US inflation edged down from a year ago in November, according to government data released Friday, in welcome news to households grappling with soaring costs although food prices remained elevated.

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