October 16, 2024

NBK reaps USD 1.5 bln this year

The National Bank of Kuwait (NBK) has announced its financial results for the nine-month period ended 30 September 2024.

The Bank, in a press release on Wednesday, reported a net profit of KD 457.0 million (USD 1.5 billion), compared to KD 431.1 mill…

GCC, EU FMs discuss promotion of cooperation, prepare for summit

Foreign Ministers from the Gulf Cooperation Council and the European Union have discussed means of promoting political, economic and investment cooperation, as well as preparing for the GCC-EU summit due in Brussels later Wednesday.

Kuwait Minister o…

S. Korea, US, Japan rap N. Korea for creating tensions

Senior diplomats from South Korea, the US and Japan on Wednesday strongly denounced North Korea for deliberately escalating tensions on the Korean Peninsula, vowing to step up three-way coordination in response to its provocations, Yonhap News Agency …

UK offers USD 1.3 mln in medical aid for evacuees from Gaza

The United Kingdom announced offering USD 1.3 million aid package to the Egyptian Ministry of Health to help provide life-saving treatment for the medically evacuated civilians from the Gaza Strip.

“The worsening humanitarian situation in Gaza contin…

Jordanian King calls for regional de-escalation

Jordanian King Abdullah II warned on Wednesday that the ongoing war will keep the region tense, stressing the need for a ceasefire in Gaza and Lebanon as a first step towards peace.

The Jordanian Royal Court in a statement quoted King Abdullah, durin…

Egypt, Saudi Arabia call for durable ceasefire in Gaza

Egypt and Saudi Arabia emphasized on Wednesday the need for a sustainable truce and lifting the blockade on Gaza Strip, while ensuring the protection of civilians in accordance with the international humanitarian law. A joint statement at the end of S…