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  • 01, September 2024

    Strategic relations with China "solid, ambitious" - Min. Al-Fassam

    KUWAIT, Sept 1 (KUNA) -- Nora Al-Fassam, Minister of Finance discussed Sunday mechanisms of implementing the Mubarak Al-Kabeer port project with a visiting Chinese government delegation.

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  • 31, August 2024

    Gulf Bank celebrates Int’l Women’s Equality Day with Melody Mitchell

    KUWAIT: In celebration of International Women’s Equality Day on Aug 26, Gulf Bank’s Women of Wisdom (WOW) program welcomed Melody Mitchell, the renowned American speaker and trainer and founder of the Lean In Network in Kuwait, as a guest during its monthly meeting.

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  • 31, August 2024

    The growing role of Islamic finance in PPP projects

    KUWAIT: Public-Private Partnerships (PPPs) have become a crucial model for infrastructure development, enabling governments to leverage private sector expertise and funding to deliver essential public services.

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  • 31, August 2024

    Solid US consumer spending pushes against hopes for hefty Fed rate cut

    WASHINGTON: US consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.

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  • 31, August 2024

    French central bank chief urges ECB rate cut

    PARIS: France’s central bank chief has called for the European Central Bank to cut interest rates at its next meeting in September as eurozone inflation gradually eases.

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  • 31, August 2024

    OpenAI and Meta flex muscles as competition in AI sector heats up

    SAN FRANCISCO: The world’s biggest AI companies are releasing new usage data showing significant growth as competition in the generative artificial intelligence sector heats up.

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  • 31, August 2024

    Chinese property developer Vanke posts $1.4bn loss

    BEIJING: Chinese housing developer Vanke announced significant first-half losses on Friday, as local real estate firms contend with an industry-wide crisis compounded by declining home sales in a sluggish economy.

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  • 31, August 2024

    Modi’s populism reversal puts finances at risk

    NEW DELHI: After reverses in the general election and facing possible losses in state polls this year, Indian Prime Minister Narendra Modi’s coalition has stepped up cash handouts, debt waivers and other freebies, although he has previously criticized the policy.

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  • 31, August 2024

    Bangladesh garment industry struggles amid floods, protests

    DHAKA: Garment factories in Bangladesh, one of the world’s biggest clothing production hubs, are struggling to complete orders on time as flooding disrupts their cotton supplies - exacerbating a backlog caused by recent political turmoil.

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