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Business

Apple’s stores getting new look as other retailers struggle – Company to overhaul nearly 480 stores worldwide

SAN FRANCISCO, May 20, (AP): Apple is getting ready to unveil a stylish new product that’s not for sale — a new look for its …

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Kuwait bourse witnesses negative week – Market capitalization slips 1.1 pct to KD 24.61 bln

The KSE Indices witnessed a negative week as the KSE price index closed with 5,324.05 a decrease of 1.32% down 71.46 points compared to the …

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NBK continues ‘I Dream to Be’ initiative – Maher’s dream to become an engineer comes true

KUWAIT CITY, May 19: National Bank of Kuwait (NBK) continues its ‘I Dream to Be’ initiative, a first-of-a-kind initiative that aims at granting wishes for …

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KFH honors Kuwaiti inventor Al-Jimaz

Kuwait Finance House (KFH) Honored the Kuwaiti inventor Nasser Issa Al-Jimaz who won the silver award of the International expo of Inventions in Geneva for …

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IMF backs Saudi economic plan – Kingdom sends request for proposals for US dollar bond

DUBAI, May 19, (RTRS): The International Monetary Fund backed Saudi Arabia’s sweeping economic reform plan on Thursday and said the kingdom was cutting spending at …

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KSE declines as weak oil dampens sentiment – NBK sheds 20 fils; Zain unchanged

KUWAIT CITY, May 19 : Kuwait stocks headed south Thursday tracking regional cues to end the week on a sour note. The price index slid …

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European banks still wary on Iran trade over sanctions risk – Lenders cautious despite assurances from US and Europe politicians that they can resume ties

LONDON, May 19, (RTRS): European banks are holding back from business with Iran partly due to worries they might breach remaining sanctions, despite assurances from …

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KSE swings 19.84 pts up on renewed buying – Americana gains 20 fils, NBK flat

KUWAIT CITY, May 17: Kuwait stocks swung higher on Tuesday stemming the two-day fall. The price index climbed 19.14 points in a lackluster trade to …

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KPMG explains impact of VAT on Kuwait’s construction sector – VAT readiness could take several months

This article will discuss the impact of VAT on the VAT-registered contractor when making a supply of construction services and other related services to their …

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US ‘reveals’ how much Treasury debt Saudi Arabia owns in March – Kingdom holds $116.8 bln, ranked 13th largest foreign holder of Treasury securities

WASHINGTON, May 17, (AP): Foreign holdings of US Treasury securities rose in March, with the Treasury Department revealing for the first time in four decades …

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