Month: July 2024
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World
Biden pulls out of US presidential race
US President Joe Biden has ended his reelection campaign after fellow Democrats lost faith in his mental acuity and ability…
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Business
Digitalization, innovation and diversification underline Zain’s success
PUBLISHED IN COOPERATION WITH The Business Year (TBY) talks to Vice Chairman & CEO of Zain Group, Bader N. Al-Kharafi…
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Business
Kuwait’s inflation climbs 2.84% in June
The inflation rate in Kuwait increased by 0.22 percent in June compared to May. The index for F&B rose by…
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Business
Term deposits in Kuwait reach KD 64.39 billion by May end
Deposit movements dropped KD 3.5 billion in 2024: KD 2.69 billion in up-to-one-month deposits, KD 633.3 million in three-to-six-month deposits,…
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Business
Dinar savings deposits in May drop 5.3% to KD 6.048 billion
Deposits fluctuated in 2024, from KD 5.804 billion in December 2023 to KD 5.781 billion in April 2024. While private…
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Business
Spending on allowances in Kuwait skyrockets 103% in just three years
The budget allocated significant sums for allowances, including KD 295 million for the nature of work allowance, a 21% increase…
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Focus
Fighting Climate Change Requires a Different Mindset
By Sonia Guajajara Special to The Times Kuwait The climate disasters unfolding around the world, including unprecedented floods in Brazil,…
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Kuwait News
Kuwait overcomes glitch crisis with swift emergency response
Kuwait set up an operations room and hotline to monitor and support CrowdStrike issues, ensuring the efficiency of electronic systems…
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Kuwait News
Kuwait forecasts scorching 50°C days, hot nights ahead
The Meteorological Department forecasts very hot weather today with light to moderate northwesterly winds at 12-35 kilometer per hour, according…
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Kuwait News
Minister approves 2024/2025 vacancies for foreign missions
Registration for the vacancy plan for foreign missions for this year will continue until 6 pm on Monday, July 22,…
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