Brussels: The European Commission revealed on Monday its consideration of establishing “minimum prices” that Chinese electric vehicles must not fall below, as a potential alternative to the tariffs currently imposed on these vehicles.
According to K…
Beirut: Lebanese President Joseph Aoun affirmed that his country is taking steps to encourage, exchange, and protect investments with the member states of the Gulf Cooperation Council (GCC). During his meeting with Wissam Al-Arees, head of the Federat…
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 city: Head of Planning and Follow-up at Dar Al-Sabaek Company Bader Al-Rezaihan announced that gold prices have surged to unprecedented levels, surpassing USD 4,415 per ounce. The rise is attributed to the demand for safe-haven assets and expec…
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 …