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Business

NBK offers its customers valuable weekly prizes

National Bank of Kuwait (NBK) offers its customers the chance to win valuable prizes weekly when using NBK electronic channels. In an exclusive campaign valid …

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GDP growth in ’15 forecast to slowdown to 3.5 percent yr/yr

Oil sector growth seen anemic in near-to-medium term KUWAIT CITY, Oct 2: Real economic growth in the UAE is forecast to slow down modestly in …

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Pacific trade ministers vow to reach agreement

Deal would be a legacy-defining achievement for Obama  ATLANTA, Oct 2, (Agencies): Trade ministers from a dozen Pacific nations meeting in Atlanta extended talks on …

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Japan household spending picks up, eases concern about economy

Measures of labour demand hits highest since Jan 1992 TOKYO, Oct 2, (Agencies): Japan’s household spending rose in August for the first time in three …

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Kuwait crude up 66 cents

The price of Kuwaiti crude oil was up by 66 cents Thursday to reach $43.04 per barrel after being at $42.38 pb the day before, …

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As crude oil wealth dwindles, Saudi weighs cuts to welfare, investment

JEDDAH, Saudi Arabia, Oct 1, (AP): At a gas station in Saudi Arabia’s second largest city of Jeddah, drivers are fueling up their cars at …

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Iran sanctions lift will boost GCC – Iranian economy expected to grow rapidly

DUBAI, Oct 1: Lifting of Iran sanctions in the future will significantly boost its economy and positively affect the neighbouring GCC economies, especially the UAE. …

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Iran ‘invites’ foreign firms – Plans to boost oil industry

TEHRAN, Oct 1, (RTRS): Iran is inviting foreign investors to actively develop its energy industry after sanctions are expected to ease in 2016, under a …

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Kuwait to store ‘crude’ in Egypt’s Arab Petroleum Pipeline Company

CAIRO, Oct 1, (KUNA): Egypt and Kuwait have agreed on storing Kuwait crude oil at the Arab Petroleum Pipeline (Sumed) Company before marketing it to …

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Kuwait bourse Sept trading ends mixed – Bayan Investment Co

Kuwait Stock Exchange (KSE) ended September with mixed performance. The Price Index closed at 5,725.96 points, down by 1.63 percent compared to the closings of …

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