Business

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…

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…