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Thursday , February 25 2021


FDI in Kuwait reaches $293 mn in 2015 – Inflows to US more than doubled to $380 bn last year

G lobal FDI inflows in 2015 increased for the first time after three consecutive years of decline reaching record levels since the financial crises. Total …

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Saudi Arabia is back to balance oil mkt again – Move could boost prices by over $3

In a short and simple sentence, the head of Saudi Aramco announced last week in the USA that, “The oil glut is over and we …

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Bourse ends in green as volume rises – Market cap hits KD 23.04 bln, up 0.46%

Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 5,407.99 points, up by 0.24% from the week before …

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World stocks ‘tumble’ as UK votes to leave Europe – Sterling hits 31-year low, oil falls more than six pct

NEW YORK, June 24, (Agencies): Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while …

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Global banks seek to reassure investors, clients after ‘Brexit’ – JPMorgan warns about jobs may leave Britain

LONDON, June 24, (AFP): Global banks sought to reassure investors and clients Friday that they will absorb the impact of Britain’s vote to leave the …

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Finmin says India wants more manufacturers

BEIJING, June 24, (AP): India wants to attract manufacturing investment following its latest market-opening initiatives, the country’s finance minister said Friday, despite business concerns about …

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Gold soars to two-year high after ‘Brexit’ from Europe

KUWAIT CITY, June 24, (KUNA): Gold soared on Friday as much as 8 percent to its highest in more than two years after Britain chose …

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IMF warns the US over high poverty, inequality – Both could hold back its economic potential

WASHINGTON, June 23, (AFP): The International Monetary Fund warned the United States Wednesday over poverty and rising inequality in the country, saying both could hold …

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VW to pay $10.2 bln to settle emissions claims – Volkswagen owners close ranks as investors vent fury over crisis

DETROIT, June 23, (Agencies): Volkswagen has agreed to take a series of steps with a total cost of about $10.2 billion to settle claims from …

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No law broken in funding bomb maker: SBI – No ban in India on financing such firms

NEW DELHI, June 23, (RTRS): The State Bank of India (SBI) has defended financing a US cluster bomb manufacturer, saying its investments were legal, after …

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