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  • 15, August 2022

    Net zero, Russia war driving nascent hydrogen economy

    BIRMINGHAM, United Kingdom: Kevin Kendall pulls up at the only green hydrogen refueling station in Birmingham, Britain’s second-biggest city, and swiftly fills his sedan with clean gas.

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  • 15, August 2022

    Kuwait’s project awards decline in July

    By Majd Othman

    KUWAIT: Kuwait recorded a 12.5 percent ($12 million) decline in the value of projects awarded in July 2022, as the value of total project awarded reached $84 million in the month.

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  • 14, August 2022

    ‘Now hiring’: American employers struggle to find enough workers

    WASHINGTON: Salespeople, food servers, postal workers — “Help Wanted” ads are proliferating across the United States, as companies struggle to deal with a worker shortage caused by the pandemic, a rash of early retirements and restrictive immigration laws.

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  • 14, August 2022

    Kuwait’s economic data, inflation prompted CBK rate hike: Bouresli

    By Majd Othman

    KUWAIT: The Central Bank of Kuwait (CBK) raised the discount rate for the fifth time this year by about a quarter of a percentage point, from 2.5 to 2.75 percent, with the aim of maintaining the attractiveness of the dinar, expanding the margin between the domestic discount rate and the US interest from its narrowest level in a century, according to the latest banking data.

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  • 14, August 2022

    NIC recognized as ‘Best Investment Banking Company in Kuwait 2022’

    KUWAIT: National Investments Company (NIC) has announced receiving another recognition from World Finance Magazine, winning the title of Best Investment Banking Company in Kuwait 2022. This is a culmination of the Company’s efforts in providing financial advisory to clients.

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  • 14, August 2022

    Japan’s GDP expands in Q2 as government lifts COVID curbs

    TOKYO: Japan’s economy expanded in the three months to June, official data showed Monday, after the government lifted COVID-19 curbs on businesses.

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  • 14, August 2022

    Ship carrying UN wheat for Ethiopia leaves Ukraine port

    KYIV: A UN-chartered ship carrying 23,000 tons of Ukrainian grain has set sail for Ethiopia, one of the five countries considered to be at highest risk of starvation.

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  • 13, August 2022

    In Norway, old oil platforms are being slowly dismantled to get a second life

    STORD, Norway: At an industrial yard in southwestern Norway, decommissioned oil platforms are slowly being dismantled for a second life in the circular economy.

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  • 13, August 2022

    Boursa Kuwait buoyed up by acquisitions, bank profits

    KUWAIT: Stock trading at the Kuwaiti stock exchange, now known as Boursa Kuwait, has been recently buoyed up by a set of factors, primarily international liquidity, bank profits and acquisitions, Kuwaiti economists opined.

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Recent News

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