General

CBK Slashes Discount Rate by 25 Basis Points to 3.75 Pct

Kuwait city: In a press release, the CBK stated that the move came as part of its ongoing monitoring of key economic and monetary indicators in international markets, together with geopolitical developments, global trade policies, and their combined i…

KOC Pavilion Makes Notable Presence at MEOS GEO in Bahrain

Manama: The Kuwait Oil Company (KOC) pavilion made a notable presence at the Middle East Oil, Gas and Geosciences show (MEOS GEO) in Manama Wednesday, with the participating delegation showcasing a comprehensive program aimed at enhancing opportunitie…

AI to Enhance Global Trade by 40 Percent by 2040: WTO Report

Geneva: The World Trade Organization (WTO) has highlighted the potential of artificial intelligence (AI) to significantly boost global trade, as outlined in the 2025 edition of the World Trade Report. The report predicts that with favorable policies, …