Euro hits 20-year low against dollar on recession risk
LONDON: The euro on Tuesday slumped to its lowest level since 2002 and European stock markets sank as growing recession risks sent shockwaves around the region.
LONDON: The euro on Tuesday slumped to its lowest level since 2002 and European stock markets sank as growing recession risks sent shockwaves around the region.
Kuwait: Zain, the leading digital service provider in Kuwait, announced its main sponsorship of Kuwait University’s Human Capital Investment Exhibition and Career Fair.
Kuwait: Consumers Price Index (CPI) increased in Kuwait by 4.52 percent in May 2022 on annual basis compared with the same period in 2021, said the Central Statistical Bureau (CSB) on Tuesday.
STOCKHOLM: Faced with financial difficulties and a massive pilot strike, Scandinavian airline SAS said Tuesday it has filed for so-called Chapter 11 bankruptcy proceedings in the United States, as a part of restructuring plan.
KUWAIT: Deliveroo Kuwait has announced the addition of KNET to its delivery platform, offering customers the option of paying with one of the most popular payment gateways in the country.
KARASU, Turkey: A Russian-flagged cargo ship at the center of a fight over grain between Kyiv and Moscow remained anchored Tuesday off Turkey’s Black Sea coast four days after its unexpected arrival.
CEBALET BEN AMMAR, Tunisia: Tunisian farmer Mondher Mathali surveys a sea of swaying golden wheat and revs his combine harvester, a rumbling beast from 1976 which he fears could break down at any moment.
Istanbul: Inflation in Turkey soared to 78.6 percent on an annual basis in June, the highest level in 24 years, official data showed on Monday, as President Recep Tayyip Erdogan’s unconventional economic policies continued to take their toll.
Kuwait: Zain, the leading digital service provider in Kuwait, took part in the annual ceremony and exhibition of H.H. Sheikh Salem Al Ali Al Sabah Informatics Award held at Bayan Palace, during which the Shlonik app was recognized for winning the Informatics Award at the twentieth edition back in 2020.
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