KUWAIT: Aleid Foods Company announced the establishment of Riyadh-based Company Aqtar Al Khaleej, to be the outset of the company’s operational expansion within the Kingdom of Saudi Arabia, as part of its regional expansion strategy Goals_25.

LUGANO, Switzerland: Ukraine told an international conference Monday that it will cost an estimated $750 billion to rebuild the war-shattered country, a task President Volodymyr Zelensky said was the shared duty of the democratic world.

ISTANBUL: Inflation in Turkey in June soared to an annual rate of 78.6 percent – the highest in 24 years, according to official data released Monday – as President Recep Tayyip Erdogan’s unconventional economic policies continued to take their toll.

Kuwait: Boursa Kuwait was recognised by international investors for its successful growth strategy that saw a significant jump in net profits in the year to date, at a conference hosted by HSBC in London, earlier this month.

VADU, Romania: Gas now flows to Romania from a new Black Sea platform operating in waters where mines and warships have been spotted. The dangerous reminders of the war raging nearby in Ukraine underscore Romania’s determination to cut its reliance on Russian natural gas imports.

NEW YORK: The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.

COLOMBO: Sri Lanka has less than a day’s worth of fuel left, the energy minister said Sunday, with public transport grinding to a halt as the country’s economic crisis deepened.

Kuwait: The price of Kuwaiti oil went down by USD 2.91 to USD 112.51 per barrel on Friday from USD 115.42 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Saturday.

Kuwait: Zain, the leading digital service provider in Kuwait, hosted its special annual ceremony to recognize the outstanding achievements of Kuwait’s top high school graduates.