• Kuwait economic indexes remained largely positive despite COVID-19

    KUWAIT: Various economic indices showed that Kuwait is in the safe zone with regards to repercussions of the new coronavirus on the economic sector, amid recurrent bonds’ issuance by the Central Bank of Kuwait in the year 2020.

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  • Britain faces major challenges after last-minute post-Brexit trade deal

    LONDON: Britain is set for a new chapter Friday after securing a hard-fought post-Brexit trade deal with the European Union as EU envoys gave the accord, reached only after months of tortuous negotiations, a sober welcome. “There was no great joy because a divorce is not really good news,” one EU diplomat told AFP. 

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  • Kuwait begins first stage of COVID-19 vaccination today

    KUWAIT: Health Ministry personnel completed preparations at the Kuwait International Fairground in Mishref yesterday to start the first stage of vaccination against COVID-19 today, targeting health workers at the frontlines and who are exposed to the virus. Director of Public Health Department Dr Fahad Al-Qimlas was present and met with health workers who are covered by the first stage of the vaccination.

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  • US jobless claims drop, as incomes, home sales fall

    WASHINGTON: A flurry of new data Wednesday provided more evidence the US economy is faltering as COVID-19 cases have spiked. Consumer confidence fell as incomes and spending declined, and new home sales slumped, according to government and private data.

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  • Fish fight delays Brexit trade deal

    BRUSSELS: Brussels and London were still battling over fish yesterday, delaying the planned announcement of a trade deal to cushion the economic blow of the UK’s imminent EU departure. 

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  • Kuwait reports 244 new COVID cases, 2 deaths

    KUWAIT: Kuwait reported 244 new coronavirus infections yesterday to take total cases to 149,017, while two virus-related deaths in the past 24 hours made the death toll rise to 926, the health ministry said. 

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  • COVID-19 vaccine safe to use: PM

     

    KUWAIT: HH the Prime Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah said yesterday that the Pfizer/BioNTech coronavirus (COVID-19) vaccine is “safe to use” and was approved by several international bodies. 

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  • Thousands of trucks mass at Dover in cross-Channel chaos

    LONDON: France and Britain reopened cross-Channel travel yesterday after a 48-hour ban to curb the spread of a new coronavirus variant but London has warned it could take days for thousands of trucks blocked around the port of Dover to get moving. 

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  • China launches bid to become commodities market player

    LONDON: China, a big raw materials consumer, hopes to position itself as a global commodities marketplace with its launch of a new futures contract on the popular copper market. The Shanghai International Energy Exchange (INE), a division of the Shanghai Commodity Exchange, opened the contract for the so-called eternal metal to foreign investors on November 19, following several trial runs-including one in oil-in 2018. 

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