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Business

India to levy 3 pct tax on gold under new regime – Industry welcomes the tax rate

MUMBAI, June 4, (RTRS): India will tax gold at a rate of 3 percent under a new nationwide sales tax that comes into effect on …

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US strategic oil reserve – Reduction in oil stock to benefit producers too

The decision of the current American administration to sell 50 percent of its total strategic oil reserve, which is estimated to be around 700 million …

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May Dashti receives ‘MESA CISO 100’ award – Gulf Bank staff member honored for second consecutive year

KUWAIT CITY, June 3: Gulf Bank is pleased announce that Mrs. May Dashti, Executive Manager for Information System Security — Risk Management, was awarded the …

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Ooredoo launches revamped Nojoom rewards program – Kuwait’s biggest rewards program now with more benefits

KUWAIT CITY, June 3: Ooredoo, Kuwait’s fastest network, announced the launch of its newly revamped Nojoom rewards program which offers its customers the best exclusive …

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Putin leaves Russians guessing on reform plan – Says future lies in developing digital economy

ST PETERSBURG, Russia, June 3, (RTRS): Russia’s leading economic thinkers say the country needs bold action to avoid stagnation. After President Vladimir Putin set out …

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ABK donates to Kuwait Blind Association – Bank provides visually-impaired with Holy Quran in Braille

KUWAIT CITY, June 1: On the occasion of the Holy month of Ramadan and in line with its activities planned for this year, Al Ahli …

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Kuwait index kicks off month on positive note – Americana gains 20 fils; KFH flat

KUWAIT CITY, June 1: Kuwait stocks extended the winning streak on Thursday as it kicked off the month on a firm note. The bourse climbed …

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KIB sponsors Thoub Expo – Move to support local female designers

KUWAIT CITY, June 1: As part of its ongoing commitment to support youth initiatives and local small businesses, Kuwait International Bank (KIB) announced its sponsorship …

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KIB recognized by Forbes Middle East – Bank among 50 most powerful listed companies in Kuwait

KUWAIT CITY, May 31: Kuwait International Bank (KIB) was recently recognized by Forbes Middle East as one of the top 50 listed companies in Kuwait …

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AUB launches unique social program – Bank offering charitable, religious, social welfare activities during Ramadan

KUWAIT CITY, May 31: Ahli United Bank (AUB) announced the launch of its social program during the Holy Month of Ramadan, through which it offers …

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