Business
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Biggest US banks report bad debts worth $24.4 billion
A consortium of major United States banks is poised to register a substantial surge in nonperforming or delinquent loans —…
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Bitcoin outperforms JP Morgan, Bank of America
The market value of the cryptocurrency “Bitcoin” exceeded the market value of the three largest public banks in the world,…
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Struyven predicts 20% rise in oil prices if …
The oil sector has largely ignored the repeated attacks on ships in the Red Sea, but if tensions escalate and…
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Analysts anticipating bright outlook for Asian economy in 2024
Amid expectations of a decline in interest rates and a return of inflation to normal rates Asian markets had a…
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Kuwait among top tax-free countries to move to in 2024
A study by UK-based insurance firm, William Russell, ranked Kuwait among the top tax-free countries to move to in 2024.…
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15 companies face challenge of erasing their losses by 2024
A list of 15 companies listed on the Kuwait Stock Exchange faces a challenge in the coming days as they…
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Kuwaiti banks give foreign banks 2.18 billion dinars in loans
The value of loans from local banks to foreign banks, including subscribed bonds, amounted to 2.18 billion dinars as of…
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KFH report reveals varying residential values citing certain factors
The Kuwait Finance House (KFH) report reveals that residential rental values in Kuwait exhibit variation based on distinct factors and…
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World’s largest investors are hungry for the region
The Gulf states punched above their weight on the global stage in 2023, from leading deal-making around the world to…
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AI companies continue to attract investments
Despite the slowdown in venture capital investments globally, artificial intelligence companies continued to attract investments and raised $50 billion in…
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