June 26, 2023

USD stable at KD 0.307, euro at KD 0.334 — CBK

The US dollar against the Kuwaiti dinar on Monday settled at KD 0.307 and the euro at KD 0.334 compared with Sunday’s rates.The Central Bank of Kuwait (CBK) said in its daily bulletin the British sterling pound setteled at KD 0.390, same as the Swiss f…

EU to approve more military support for Ukraine

The EU Foreign Affairs Council meeting in Luxembourg Monday is to approve a new 3.5 billion euro (USD 3.8 billion) military support to Ukraine, EU High Representative Josep Borrell announced.”I think that it is more important than ever to continue supp…

GCC chief urges backing anti-drug efforts

Gulf Cooperation Council (GCC) Secretary-General Jasem Al-Budaiwi said on Monday it is essential to supporting official efforts exerted to fight the scourge of drug abuse.This came in a press release issued by the GCC Secretariat-General marking the In…

EU-GCC strategic partnership paper bearing fruit

One year after its adoption on 18 May 2022, the European Union?’s Joint Communication on a strategic partnership with the Gulf has begun to yield desired results.A strengthened partnership is beneficial both for the EU and for the Gulf partners, says t…