Business
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Central Bank mandates prior approval for electronic payment companies, when change in ownership or entry of new partners
The Central Bank of Kuwait called on providers of payment and cash services and operators of electronic payment systems, when…
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Gulf region becomes key player in growth of consulting industry
• Globally, the consulting industry is experiencing a prolonged slowdown, growing by just 3% to $250 billion in 2023. •…
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Stock market indices indicated mixed performance as liquidity hits 61.7 million dinars
The Kuwait Stock Exchange’s main indices varied during the third session of this week, after four sessions of decline since…
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Kuwait’s annual inflation climbed to 2.75% this September
According to the data from the Central Administration of Statistics, it showed that the consumer price index “Inflation” rose locally…
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Alshaya Group listed in Forbes ‘World’s Best Employers 2024’
Forbes, the international well-renowned business magazine and media company, published its eighth annual ranking of the World’s Best Employers 2024.…
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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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