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October 1, 2025

Kuwait Returns to Global Bond Market with $11.25 Billion Issuance

Kuwait city: The State of Kuwait announced the issuance of $11.25 billion worth of sovereign bonds, marking its first successful return to the global bond market since 2017. The Ministry of Finance stated that the bonds were divided into three tranche…

Euro Area Annual Inflation Climbs to 2.2 Percent in September

Brussels: The Statistical Office of the European Union (Eurostat) announced Wednesday that the annual inflation rate in the euro area rose to 2.2 percent in September 2025, compared with 2.0 percent in August, according to preliminary estimates.

Acc…

US Dollar Falls to KD 0.304 as Euro Climbs to KD 0.358

Kuwait city: The US dollar exchange rate against the Kuwaiti dinar decreased by 0.05 percent to KD 0.304 on Wednesday. Meanwhile, the Euro experienced a rise of 0.18 percent, reaching KD 0.358 compared to Tuesday’s prices, according to the Central Ban…

Kuwait Hosts Workshop on Disability Inclusion with ESCWA

Kuwait city: Kuwait’s Ministry of Foreign Affairs, represented by the Human Rights Department, launched on Wednesday a two-day training workshop in cooperation with the United Nations Economic and Social Commission for Western Asia (ESCWA). This works…

US Military to Shift Focus in Iraq as It Reduces Mission

Baghdad: The US military is set to decrease its mission in Iraq, transitioning towards a permanent partnership with the Iraqi government. This change was announced by the US Department of Defense (Pentagon), emphasizing a shift in the role of US force…