Business

China Enforces 42.7 Percent Tariffs on European Dairy Imports

Beijing: China on Monday declared new custom fees reaching 42.7 percent on dairy imports from the European Union states.

According to Kuwait News Agency, the official news agency, Xinhua, quoted a statement by the commerce ministry as saying that t…

Kuwait’s CBK Issues KD 100 Million Bonds and Tawarruq

Kuwait city: The Central Bank of Kuwait (CBK) announced on Monday that it issued bonds and related tawarruq estimated at KD 100 million (about USD 330 million) for a six-month term. The securities bear a return rate of 3.750 percent, the central bank …