LONDON: Britain’s economy grew more quickly than expected in May, providing some momentum for the new government of Prime Minister Keir Starmer but adding to doubts about whether the Bank of England will cut interest rates next month.

BEIJING: Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal’s generation share to new lows, research released on Thursday showed.

TOKYO, July 11 (KUNA) -- Kuwait's Minister of Electricity, Water and Renewable Energy and Minister of State for Housing Dr. Mahmoud Bushehri highlighted Kuwait's investments in renewable and clean energy to raise its percentage of the total produced energy to 30 percent in the next decade.

LONDON, July 11 (KUNA) -- Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.

TOKYO, July 11 (KUNA) -- Japan and Arab ministers agreed, Thursday, to enhance their cooperation in various areas to benefit the development of all parties involved, said the the fifth Japan-Arab Economic Forum.

KUWAIT: Burgan Bank announced on Wednesday the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash prize.

KUWAIT: Burgan Bank is proud to announce that its Information Technology General Manager Barrak Al-Mattar has been awarded the “Legend CIO” award in the “20+ years’ experience in the field” category, as part of the World CIO 200 Summit’s recognition of the most influential IT leaders in their respective industries worldwide in 2024.

FRANKFURT: Germany’s real estate industry, already in its third year of turmoil, faces more pain ahead as further companies go bust, the CEO of Germany’s largest landlord warned.

KUWAIT: NBK Egypt Financial Investments Company, the manager of NBK - Egypt Mutual Funds succeeded to achieve excellence for three of its managed funds, as they topped the ranking of mutual funds in Egypt by the end of 1H2024.