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…

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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Billions worth of investments in emerging sectors, including AI, life sciences, and infrastructure, were unveiled in London at the World Investment Summit on Monday.

The summit was joined by the largest investors and ministers from across the globe.
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The State of Kuwait condemned Monday the Israeli occupation’s confiscation of lands belonging to UNRWA in occupied east Jerusalem, which would be turned into a new illegal settlement.

In a statement, the Ministry of Foreign Affairs said that the Stat…

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, discussed with the German Ambassador to Iraq, Ms. Christiane Homann, banking relations, enhancing the financial inclusion plan in Iraq, and the importance of digital transformation, in addi…

The exchange rates of the dollar against the Iraqi dinar decreased today, Monday, in Baghdad, Basra and Erbil.

Below is a list of the dollar selling prices:

$100 = 152,800 dinars in Baghdad

$100 = 152,700 dinars in Basra

$100 = 153,000 dinars in E…

Oil prices fell more than $1 per barrel, losing more than 1.5 % in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on China’s economic stimulus plans, which raised concerns about demand.

Brent crude futures f…