BAGHDAD: Iraq has resumed rice cultivation after a two-year ban prompted by water scarcity, and is testing out a strain of the grain that consumes less water than traditionally planted versions.

NEW YORK/SINGAPORE: Politics has toppled global markets from record peaks and over a turbulent few weeks stepped to the fore as investors confront the prospect of an increasingly fractious Europe, isolationist America and a slowdown in the pulse of world trade.

CAIRO, July 22 (KUNA) -- The Egyptian central bank announced on Monday that the nation's external debts dropped to USD 153.86 billion falling by USD 14.17 billion since five months ago (8.43 percent).

TOKYO, July 22 (KUNA) -- China's central bank cut its two key interest rates on Monday, lowering the one-year loan prime rate, a peg for corporate loans, from 3.45 percent to 3.35 percent, this marks the rate's first cut since August 2023.

KUWAIT: Burgan Bank recently welcomed Mohammad Hassan Zeinalpour, who was announced the winner of the KD 500,000 Kanz semi-annual draw, at its head office where he met with Burgan Bank’s management.

KUWAIT: The NY Empire State Manufacturing Index fell to -6.6 in July 2024, slightly below expectations of -6. New orders were stable, shipments increased slightly, and delivery times improved.

KUWAIT: Deliveroo has announced the second round of restaurant winners of the year.

KUWAIT: Isam Al-Sager, the Vice Chairman and Group CEO of National Bank of Kuwait (NBK), said, “We continue implementing our diversification strategy and utilizing our adaptable business model against the volatile macroeconomic environment to maintain our strong performance.

LONDON: Britain’s new finance minister Rachel Reeves said she will consider giving inflation-busting pay increases for almost two million government employees later this month to avoid crippling public sector strikes.