Business

Saudi Statistics: non-oil exports increased by 7.4 pct in Aug.

Saudi non-oil exports reached SAR 27.5 billion (USD 7.32 billion) in August 2024, compared to SAR 25.6 billion (USD 6.82 billion) in August 2013, up SAR 1.9 billion according to International Trade Bulletin, announced Saudi General Authority for Stat…

KFH sells 18.18 pct stake in Sharjah Islamic Bank

Kuwait Finance House (KFH), better known as Baitak, announced Thursday that the KFH Group’ entire stake in the UAE’s Sharjah Islamic Bank amounting to 588,304,755 shares of the bank’s total shares (representing 18.18 percent), has been sold.

The sta…

Kuwait to expand cooperation between Arab countries, Austria

Kuwait assured its keenness to expand economic cooperation horizons between Arab countries and Austria on Wednesday.

This came about in a statement to KUNA by Kuwait’s Ambassador to Austria Talal Al-Fassam, during the 14th Arab-Austrian Economic Foru…