Business
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Gold prices steady as traders await ECB decision, US-EU trade talks
Gold prices remained largely unchanged in early Asian trading today, with investors awaiting key economic decisions later in the week.…
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Cabinet proposes 50 bln dinars Al-Kout Investment Co to drive economic diversification
The Kuwaiti Council of Ministers is currently reviewing a proposal to establish Al-Kout Investment Company, a state-backed investment entity with…
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China’s trade and investment with Belt and Road countries surpasses $240 bln
China has significantly expanded its trade and investment relations with countries involved in the Belt and Road Initiative (BRI), according…
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MoSA allocates 10% of cooperative shops to support SMEs and youth projects
Hamad Al-Dhafiri, Director of the Cooperative Development Department at the Ministry of Social Affairs, announced that more than 8,800 commercial…
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Gulf nations import $1.33 billion in Swiss watches in first half of 2025
Swiss watch exports Gulf states remained steady in the first half of 2025, totaling approximately 1.07 billion Swiss francs ($1.33…
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Trump signs GENIUS act, marking major victory for crypto industry
President Donald Trump signed the GENIUS Act on Friday, the first U.S. federal law regulating stablecoins. Celebrated at a White…
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Finance Ministry introduces e-registration for multinational tax compliance
The Ministry of Finance has launched of a new e-registration service for companies, subject to the Multinational Entities Tax Law,…
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Beware of unlicensed financial firms in Kuwait: MCI
The Ministry of Commerce and Industry has issued a warning to all individuals and entities active in securities and financial…
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Sefcovic warns new US tariffs would severely disrupt €4.4 billion daily trade
The European Union’s trade chief, Maros Sefcovic, expressed hope on Monday that a trade agreement with the United States could…
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Bitcoin surges past $120,000 for first time amid hopes for U.S. crypto legislation
Bitcoin soared to a new all-time high today, breaking the $120,000 barrier for the first time, signaling renewed investor confidence…
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