General

China Cuts Benchmark Lending Rate to Aid Local Economy

Kuwait City: China on Tuesday cut its benchmark lending rates by 10 basis points in a first-of-its-kind step this year, aiming at reducing corporate and family finance costs, boosting market confidence and backing real economic growth. The one-year lo…

Kuwait Amir Condoles with Oman’s Sultan on Mother-in-law Demise

Kuwait City: His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah has sent a cable of condolences to the Sultan of Oman Haitham bin Tareq on the demise of his mother-in-law, Khalsa bint Nasr Albousaidia. His Highness the Amir expressed solac…