Business

IsDB President Meets with Maldives Monetary Authority Governor

Islamic Development Bank (IsDB) President Dr. Muhammad Al-Jasser today met in Jeddah with Maldives Monetary Authority Governor Dr. Ahmed Munawar.

The meeting focused on discussing ways to deepen cooperation in the Islamic finance sector. It also addr…

Kuwait, UAE’s Fujairah sign gravel-exporting MoU

Kuwait’s Ministry of Public Works and the Fujairah Natural Resources Corporation signed on Wednesday a Memorandum of Understanding (MoU) to export standard specification gravel from the UAE to Kuwait.

Post MoU-signing with Fujairah Corporation Direc…

Kuwait’s July trade surplus with Japan down 11.1 Pct

Kuwait’s trade surplus with Japan narrowed 11.1 percent from a year earlier to JPY 57.9 billion (USD 375 million) in July, down for the first time in three months due to slowing exports, government data showed on Wednesday.

However, Kuwait stayed in…

Weak shekel and rising dollar

Bethlehem-Ma’an-The foreign exchange trading week opened on the Tel Aviv Stock Exchange with renewed weakness for the shekel against the backdrop of the stalemate in talks on a prisoner swap deal and a ceasefire.

The euro, which is growing stronger i…