December 27, 2022

CBK: Money supply up 1.2 pct. to KD 38 bln in Nov.

KUWAIT, Central Bank of Kuwait (CBK) announced Tuesday that the broad money supply (M2) went up 1.2 percent last November to settle at KD 38.2 billion (around USD 126 billion).Local banks’ private sector deposits increased by 1.3 percent to settle at K…

Kuwaiti, Indian FMs discuss bilateral ties

KUWAIT, Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah received on Tuesday a telephone call from Indian Minister of External Affairs Subrahmanyam Jaishankar, congratulating him on assuming office.The Indian top diplomat wished his Kuwaiti cou…

Russian FM: West’s approach will lead to “armed conflict”

MOSCOW, The West’s approach aiming to deter Russia has risks of an armed conflict amongst nuclear states, Russian Foreign Minister Sergey Lavrov warned on Tuesday.The West alleged that Russia is planning to use nuclear weapons against Ukraine, Russia’s…