Business

Kuwait Min. stresses need of boosting GCC economic ties

It is imperative to enhance the Gulf economic cooperation in the future, Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment, and Acting Minister of Oil Nora Al-Fassam said on Thursday.

Al-Fassam welcomed Kuwait’s host…

World Bank approves USD 250 Million energy project in Lebanon

The World Bank announced on Thursday, that it has approved a USD 250 million project to enhance renewable energy in Lebanon by restoring electricity grid services and supporting the continuation of reforms.

In a press release, the bank stated that “t…

Kuwait inflation up by 2.92 percent

Kuwait’s consumer price index (inflation), on an annual basis, grew on annual basis by 2.92 percent last August, according to the Kuwait Central Statistical Bureau (KCSB).

In a statement to KUNA on Wednesday, the bureau said the inflation rate rose …