LONDON: The Ukraine war has major economic consequences for energy, food, inflation and poverty, according to the European Bank for Reconstruction and Development.

KHARTOUM: Sudanese schoolteacher Babiker Mohamed barely covers his family’s needs with his meager income, but since last year’s military coup he no longer knows if he can even keep afloat. 

NEW DELHI: Suzuki Motor will invest $1.3 billion into electric vehicle and battery production in India, the Japanese carmaker said yesterday, as it accelerates long-term plans to achieve carbon neutrality.

By Nawara Fattahova

KUWAIT: The Union of Investment Companies (UIC) held the fifth Kuwait Investment Forum titled ‘Investing in Kuwait, missed and available opportunities’ at the Chamber of Commerce yesterday. 

KUWAIT: Nomo Bank, the digital bank of the Bank of London and the Middle East “BLME”, a subsidiary of Boubyan Bank Group, has launched Apple Pay service for all its customers.

WASHINGTON: Cryptocurrencies have taken on an unprecedented role in the war in Ukraine, helping the government raise millions of dollars to fund its fight against the Russian invasion.

COLOMBO: Cash-strapped Sri Lanka has secured a billion-dollar credit line from India to buy urgently needed food and medicine, officials said Friday, as the IMF confirmed it would discuss a possible bailout. 

MOSCOW: The Telegram messaging app has become a go-to platform since Russia’s invasion of Ukraine, despite concerns over its data security and defenses against misinformation.

BARCELONA, MWC: Zain, the leading digital service provider in Kuwait, is working with Cisco to deploy Routed Optical Networking in Kuwait, delivering the most advanced and cost-effective solutions to its enterprise customers.