Business

Kuwait inflation up by 2.92 percent

Kuwait’s consumer price index (inflation), on an annual basis, grew on annual basis by 2.92 percent last August, according to the Kuwait Central Statistical Bureau (KCSB).

In a statement to KUNA on Wednesday, the bureau said the inflation rate rose …

Basra Heavy and Medium Crude Prices Drop

Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.

Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.

Oil prices rose, amid fears that …

CBE: Egypt’s Real GDP Grows 2.4% in 9 Months

Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.

According to the Central Bank …

Council of Arab Central Banks 48th meeting kicks off in Cairo

The 48th ordinary session of the Council of Arab Central Banks and Monetary Authorities’ Governors kicked off Tuesday here with the participation of Governor of the Central Bank of Kuwait (CBK), Basel Al-Haroon.

During his speech in the opening sess…