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Berlin: The IG Metal labor union has initiated a warning strike at 10 Volkswagen Group facilities, halting operations for two hours in protest against the company’s stance on wages and planned layoffs. The strike, announced on Monday, reflects mountin…
Cairo: The Arab League announced on Saturday that the pan-Arab power grid treaties will be signed during the 15th session of the Arab electricity ministerial council, scheduled for tomorrow, Sunday. Dr. Ali Al-Malki, the assistant secretary general fo…
Washington: An inflation gauge closely watched by Federal Reserve policymakers ticked higher in October, though it remains near the Fed’s inflation target. The Commerce Department on Wednesday reported that the personal consumption expenditures (PCE) …
Riyadh: The Arab Organization for Supreme Audit Institutions (ARABOSAI) initiated its 68th Executive Council meeting in Riyadh, Saudi Arabia, with an active delegation from Kuwait’s Audit Bureau led by President Essam Al-Roumi.
According to Kuwait Ne…
Cairo: The International Monetary Fund (IMF) has highlighted the significant negative impact of the ongoing Gaza conflict and trade disruptions in the Red Sea on Egypt’s economy. The war in Gaza and these disruptions have led to a substantial decline …
Cairo: The International Monetary Fund (IMF) has highlighted the significant negative impact of the ongoing Gaza conflict and trade disruptions in the Red Sea on Egypt’s economy. The war in Gaza and these disruptions have led to a substantial decline …
Cairo: The Egyptian Ministry of Industry, through the Industrial Modernization Center, has signed a memorandum of understanding (MoU) with UAE’s Global South Utilities and China’s Weiheng. This agreement is set to establish a USD 12 million energy sto…
Cairo: Kuwait’s visit will be a great opportunity to assess the investment opportunities available and present the capabilities and expertise of the British capital, London, in sustainable finance, said the Lord Mayor of London, Alastair John Naisbitt…
Beirut: Kuwait’s consumer price index, indicating inflation, grew by 2.44 percent last October on an annual basis, as reported by the Kuwait Central Statistical Bureau (KCSB). In a statement to KUNA on Tuesday, the bureau highlighted that the inflatio…
BEIRUT: The State of Kuwait is advancing policies and projects aimed at creating a more dynamic private sector to usher in an era of comprehensive development. This initiative is part of a broader strategy to transform the nation into a hub for invest…
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