KUWAIT, July 24 (KUNA) -- The Ministry of Finance announced on Wednesday that the budget's actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.

KUWAIT: Kalyan Jewellers, one of the most trusted and leading jewelry brands has recently announced the launch of its ‘25 Gold Bars’ Giveaway offer, wherein patrons stand a chance to take home a 10 gm gold bar every other day for 50 days, on their jewelry purchases from Kalyan Jewellers.

KUWAIT: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 341.2 million for the first half of 2024 for the bank’s shareholders, representing an increase of 2.3 percent compared to the same period last year.

CARACAS: The government of Venezuelan President Nicolas Maduro, who is seeking reelection on Sunday, has had some success in curbing formerly sky-high inflation, but workers say their salaries have not caught up with high prices for food and other goods.

FARNBOROUGH, England: Demand for air travel has normalized after a years-long boom following the COVID-19 pandemic as holidaymakers and travelers baulk at higher fares, executives at major airlines said at the Farnborough Airshow on Monday.

RIO DE JANEIRO: Talks over a global tax deal are continuing well past a June 30 deadline and governments are now looking to a Group of 20 finance leaders meeting this week for progress on a stalled plan to reallocate taxing rights on large multinational companies.

NEW DELHI: India unveiled spending of billions of dollars to create new jobs and satisfy key coalition partners in the first budget by Prime Minister Narendra Modi’s government after an election setback, aiming to win back voters and retain political support.

KUWAIT: Boursa Kuwait continued its impressive record of awards and recognition for its exceptional achievements in corporate sustainability and environmental, social and governance (ESG) implementation and reporting, receiving six awards from several prestigious international publications.

WASHINGTON: The US Transportation Department said on Tuesday that it is opening an investigation into Delta Air Lines after the carrier canceled more than 5,000 flights since Friday as it struggles to recover from a global cyber outage that snarled airlines worldwide.