World’s largest investors are hungry for the region

The Gulf states punched above their weight on the global stage in 2023, from leading deal-making around the world to shaping the debate and...

KSE incurs significant losses in terms of market capitalization

The Kuwait Stock Exchange incurred significant losses in terms of market capitalization over the past three sessions of this week, as a result of...

AI companies continue to attract investments

Despite the slowdown in venture capital investments globally, artificial intelligence companies continued to attract investments and raised $50 billion in investment capital this year,...

JP Morgan, HSBC and FIL expect dollar’s gains to continue next year

Three major financial institutions expect the dollar's gains to continue in 2024, despite the inevitable reduction in US interest rates by the US Federal...

2023 was best for cryptocurrencies

The current year was one of the best performing years for cryptocurrencies, especially Bitcoin, after more than $530 billion was added to the market...

Al-Shall report highlights concerns on quarterly labor statistics

Al-Shall's weekly report highlights concerns regarding the quarterly labor statistics report, as of June 30, 2023, released by the Central Administration of Statistics. The...

KCCI takes part in 63rd meeting of Federation of Gulf Cooperation Council Chambers

The Kuwait Chamber of Commerce and Industry actively participated in the 63rd meeting of the Board of Directors of the Federation of Gulf Cooperation...

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 1.18%. This represents a...

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 the Red Sea situation,...

Oil prices rise 1% Friday due to Houthi attacks on ships in the Red...

Oil prices experienced a rise of up to 1% Friday due to ongoing tensions in the Middle East following Houthi attacks on ships in...

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