Kuwait’s Minister of Finance and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf said the projected revenues in the state budget of FY 2024-2025 amount to KD 18.9 billion (nearly USD 61.6 billion), down by 2.8 percent from th…
All local banks will close on Sunday, July 7, as an official holiday on the occasion of the new 1446 Hijri year, Kuwait Banking Association (KBA) announced Thursday.
KBA said in a press release that all banks will resume their work the day after (Mon…
South Korean companies Hyundai Motor Group and LG Energy Solution launched on Wednesday their first electric vehicle (EV) battery cell production plant in Indonesia with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.
“This is the fir…
ManamaBahrain All Share Index has closed at 2,015.74 points, marking a decrease of 1.41 points below the previous closing.
This decrease was due to the drop in the communication services sector and the financial sector.
Bahrain Islamic Index has clo…
Saudi Ministry of Tourism on Tuesday announced a 22.9 percent growth in inbound visitor spending during the first quarter of 2024 compared to the first quarter of 2023, with their total spending exceeding SAR 45 billion (approx. USD 12 billion).
The …