Business
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Kuwait’s foreign exchange reserves at 12.45 billion dinars
As of the conclusion of November, Kuwait’s foreign exchange reserves stood at 12.45 billion dinars, indicating a monthly rise of…
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Houthi attacks have impacted navigation in Suez Canal
The Panama Canal Authority stated on Thursday that there has not been a noticeable surge in shipping traffic attributed to…
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Oil prices rise 1% Friday due to Houthi attacks on ships in the Red Sea
Oil prices experienced a rise of up to 1% Friday due to ongoing tensions in the Middle East following Houthi…
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Kuwait makes progress in Arab economies’ Competitiveness Index for 2023
The Arab Monetary Fund announced that Kuwait has shown advancement in the overall competitiveness index of Arab economies for the…
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Saxo predicts gold to rebound, recession for stock markets
Saxo Bank’s forecasts for the year 2024 showed that stocks may witness a recession, which is a major indicator of…
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Exploration and production sector demands substantial investments
S&P Global Ratings highlighted Kuwait’s frequent cabinet reshuffles and governmental changes, underscoring the challenge of implementing policies for advancing the…
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JP Morgan Bank sounds note of caution
JP Morgan Bank expressed its caution regarding the cryptocurrency market in 2024, particularly in anticipation of the potential approval of…
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Major central banks conclude 2023 by stabilizing interest rates
The major central banks in the world concluded their last meeting of the year, and in line with market expectations,…
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Puma to end sponsorship of Israel’s national football team in 2024
Sports brand Puma will stop sponsoring Israel’s national football team in 2024, according to a company spokesperson. The move was…
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Jazeera Airways wins ICT Leadership Award
Jazeera Airways, Kuwait’s leading low-cost carrier, emerged a winner at the ICT Leadership Awards 2023, organized by CXO Insight Middle…
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