Business
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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…
Promoting transparency, governance of investment firms boost investors’ trust – UIC
Boosting transparency and governance of investment companies will boost confidence amongst investors because it contributes to more stable and lucrative investment environment, Union of Investment Companies (UIC) Chairman said Wednesday.
Abdullah Al-…
Young entrepreneurs in Kuwait turn mere ideas into lucrative business
Many Kuwaiti youths have become less dependent on government jobs and turned their passions and dreams from a mere idea to a success story, launching from Kuwait then expanding regionally and internationally.
Kuwait News Agency (KUNA) interviewed amb…
UK inflation falls to lowest in 3 years – data
UK inflation rate dropped to 1.7 percent in September, the lowest rate in three and a half years, according to official data.
Lower airfares and petrol prices were the main drivers behind the fall, showed the data of the Office for National Statistic…
Pakistan, China inaugurate New Gwadar International Airport
Prime Minister Shehbaz Sharif and visiting Chinese Premier Li Qiang have virtually inaugurated the New Gwadar International Airport in Pakistan’s southwestern Gawadar port on Monday.
Addressing the inaugural ceremony here in Islamabad on Monday, Prim…
EU imposes new sanctions on Iran
The Council of Europe (CoE) announced on Monday it adopted new restrictive measures against seven individuals and entities following Iran’s missile and drone transfers to Russia.
In a statement, the Council said the decision follows the indication by…
Kuwaiti Gov’t security networks.. support help slow inflation locally
Despite the significant rise in inflation rates all over the world and reaching new records that exhausted peoples and economies, Kuwait was able to slow down inflation locally due to its robust social security safety network and government support.
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