July 20, 2022

Local food produce crucial for lower inflation, food security

Locally made products, especially foodstuff, have proved much significance on the basis of their vital role during the coronavirus (Covid-19) pandemic and the ongoing Ukraine war in answering the needs of the local market and curbing inflation.Compare…

Boubyan Bank announces profits of KD 33 mln for H1 ’22

— Kuwait’s Boubyan Bank announced KD 33 million of profits (USD 108.9 million) for H1 2022, up 54 percent, compared with last year, with a profit of 8.5 fils per share.Performance profits for H1 2022 reached KD 53 million (about USD 174.9 million), sa…

Kuwait condemns terrorist blast in Iraq

The State Kuwait condemned the terrorist attack targeting an Iraqi police force, killing and injuring police personnel. The Foreign Ministry affirmed Kuwait’s support for Iraq, backing measures it takes to safeguard its security and combat terrorism.So…