Business

GCC Inflation Rate Increases by 1.7 Percent in October 2024

Muscat: GCC general inflation rose at the end of October 2024 to 1.7 percent compared with the ratio in the same month in 2023, GCC Statistical Center (GCCSC) consumer price data showed on Saturday.

According to Kuwait News Agency, the GCC annual i…

Boursa Kuwait’s Performance Divergent Amidst Market Dynamics

Kuwait City: Boursa Kuwait witnessed over the past week a diverse performance with respect to the value and volume of traded stocks as well as the number of transactions, while the benchmark index climbed.

According to Kuwait News Agency, the AlShal…

China Imposes 100-Percent Tariffs on Specific Canadian Imports

Beijing: China announced the imposition of additional tariffs on certain Canadian products following the conclusion of an anti-discrimination investigation.

According to Kuwait News Agency, effective from March 20, China will enforce a 100-percent t…

Fitch Maintains Kuwait’s ‘AA-‘ Rating with Stable Outlook

Kuwait City: Fitch Ratings has confirmed Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘AA-‘ with a stable outlook. A Central Bank of Kuwait (CBK) statement said the rating is underpinned by Kuwait’s robust financial and external …

US President Issues “Last Warning” to Hamas Over Prisoners

Baghdad: US President Donald Trump warned, late Wednesday, the Palestinian Islamic movement Hamas of “severe consequences” if all prisoners are not immediately freed. Posting on Truth Social, Trump stated, “this is your last warning. For the leadershi…