Business
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AZ eWallet partners with Al Muzaini Exchange to launch international remittance services
AZ eWallet, a Central Bank of Kuwait (CBK)-licensed electronic money institution and one of Kuwait’s leading digital wallet providers, is…
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Gold retreats as traders await clues on US interest rate outlook
Gold prices edged lower on Tuesday after reaching a two-week high in the previous session, as investors adopted a cautious…
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Microsoft to slash 4,800 jobs in sweeping Xbox gaming division shake-up
The layoffs come as major technology companies face mounting pressure to justify enormous investments in artificial intelligence infrastructure. Industry-wide AI…
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Kuwait bank financing for imports falls to 3.33 billion dinars in five months
Despite challenges, Kuwaiti banks continued to support businesses by offering financing solutions for imported goods, raw materials and shipping costs…
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Oil prices ease after OPEC+ agrees to raise August output
Oil prices edged lower on Monday after OPEC+ agreed to increase its production targets starting in August, raising expectations of…
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Gold remains firm following weaker-than-expected US jobs growth
Gold prices held close to a two-week high on Monday after weaker-than-expected US employment data reduced expectations that the Federal…
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OPEC+ approves 188,000 bpd output hike led by Saudi Arabia, Russia, Kuwait for August
The OPEC+ alliance agreed on Sunday to raise oil production quotas once again, as Gulf countries continue recovering from disruptions…
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Fitch identifies 72 sub-sectors exposed to escalating Middle East conflict
A renewed escalation in hostilities could trigger significant market disruption, including a potential 10% decline in global equities, a widening…
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Iran in talks to resume oil sales to Japan amid sanctions waiver uncertainty
Iran has reportedly begun discussions with Japanese companies over potential crude oil sales, marking a possible revival of energy trade…
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Boursa liquidity touches 9.82 billion dinars in first half of 2026
A specialized economic report revealed that liquidity in the Kuwaiti stock exchange reached approximately 9.823 billion dinars ($30.15 billion) during…
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