Business
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Tiny Norwegian town could hold key to Europe’s rare earth independence
The small Norwegian town of Ulefoss, home to just over 2,000 people, could soon become central to Europe’s efforts to…
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Kuwait Clearing Co completes $1 billion RTGS settlement
The Kuwait Clearing Company has successfully completed its first cash settlement using the Real Time Gross Settlement (RTGS) system via…
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Experts urge reforms to facilitate OTC companies back into Boursa fold
With the Kuwait Stock Exchange revising listing requirements, attracting oil companies, and opening new avenues for public-private partnerships, investment sources…
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KFAED renews support for Maldives infrastructure and tourism growth; funds 15 projects
In continuation of a strong development partnership dating back to 1976, the Kuwait Fund for Arab Economic Development (KFAED) reaffirms…
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Finance Minister Al-Fassam, Egypt’s El-Wazir discuss boosting economic ties
Minister of Finance and Minister of State for Economic Affairs and Investment, Noura Al-Fassam, held talks with Egypt’s Deputy Prime…
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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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