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Kuwait boosts US Treasury bond holdings by $1.29 billion in May
Kuwait’s holdings of US Treasury bonds reached $46.2 billion by the end of May, up from $44.91 billion at the…
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Announcement on the Opening of the Book of Condolence for General Secretary Nguyen Phu Trong
In mourning the passing of General Secretary Nguyen Phu Trong, the Central Committee of the Communist Party of VietNam, the…
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Kuwait’s MoI underlines effort to ensure smooth traffic
Kuwait’s security leadership commits to further bolstering cooperation and coordination among various public and private bodies to weigh all overtures…
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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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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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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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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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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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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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