COLOMBO: Cash-strapped Sri Lanka on Tuesday asked the International Monetary Fund to arrange a creditor meeting for $6 billion in loans to help keep the country afloat during its unprecedented economic crisis.

CUPERTINO, US: Apple opened Monday its first in-person developers conference since the onset of the pandemic with chips, maps and a way to delete precipitously sent messages, but was mum on any virtual reality offerings.

KUWAIT: Boursa Kuwait witnessed on Tuesday the listing of Ali Alghanim & Sons Automotive Company KSCC, marking a historic milestone as the first family-owned company and automotive agents to be listed on an exchange across the Gulf markets.

MOSCOW: New car sales in Russia sank by 83.5 percent year-on-year in May, industry data showed on Monday, as the effects of unprecedented Western sanctions hit the country’s economy and consumers.

MADRID: International tourist arrivals tripled in the first quarter compared with the same period in 2021, with Europe leading the rebound as COVID restrictions were eased, the UN’s tourism agency said Monday.

KUWAIT: National Investments Company (NIC), in its capacity as the Global Coordinator in addition to acting as a Joint Bookrunner with EFG-Hermes UAE Ltd (EFGHermes), Kamco Investment Company (Kamco Invest) and KFH Capital Investment Company (KFH Capital), has announced the successful completion of the private placement process of Ali Alghanim Sons Automotive Company (Ali Alghanim Sons).

KUWAIT: Boubyan Bank’s CEO – Private, Consumer & Digital Banking, Abdulla Al-Tuwaijri, stated: “The huge technological developments in banking services bring many challenges to banks around the world, especially challenges related to competition and the ability to attract more customers.”

BERLIN: Ganna Nikolska comes back dejected from the stand of an insurer ready to hire Ukrainian refugees in Berlin: “I don’t speak German,” she explains in halting English.

NABLUS, Palestinian Territories: An outbreak of foot-and-mouth disease in the West Bank early this year has killed thousands of livestock, pushing Palestinian farmers already living under occupation to the brink of bankruptcy.