Business
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The global economy at risk of $100 trillion ‘debt time bomb’
Bloomberg said that the global economy is facing a $100 trillion debt time bomb, which weighs heavily on it and…
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US interest rate cut drives investment surge in emerging markets
The British newspaper Financial Times, said that the investment asset class, which includes real estate and liquid financial assets, is…
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Kuwait’s private sector investments abroad hit 15.8 billion dinars, up by 6%
Data from the Central Bank of Kuwait revealed that Kuwait’s net international investment witnessed a remarkable growth of 6.5%, amounting…
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Joyalukkas inaugurated two showrooms in Kuwait
On its 20th year of inception in Kuwait, Joyalukkas commenced its 6th new showroom in Souk Al, Watiya, Kuwait City.…
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World Bank forecasts modest growth for economies in MENA
In its latest report on economies in the Middle East and North Africa (MENA) region, the World Bank Group noted…
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Kuwait’s trade surplus with Japan downslides
Registering a sharp fall, Kuwait’s trade surplus with Japan fell to 51.7 percent in September, from a year earlier to…
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Chinese e-commerce TEMU and SHEIN prosper in Kuwait
Al-Qabas learned that the Chinese application “SHEIN” for consumer goods supplies about 20 thousand orders to Kuwait daily, while the…
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Huawei dazzles with digitalisation at GITEX GLOBAL 2024
Huawei underscored its commitment to partner success by highlighting its end-to-end strategic investment in its distribution business, spanning R&D, marketing,…
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Limited impact on Kuwaiti banks due to reduced interest rates
The Fitch Ratings expects that the interest rate cut in the fourth quarter of this year will be a negative…
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Kuwait contributes significantly in issuing sustainability bonds or green sukuk
The Global Credit Rating Agency, Standard & Poor (S&P) said that Kuwait contributed to issuing $1 billion worth of sustainability…
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