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 …
Kuwait city: Boursa Kuwait on Monday signed a strategic memorandum of understanding (MoU) with the International Stock Exchange to enhance technical and knowledge cooperation, explore market development opportunities, and promote expertise exchange su…
Brussels: The European Union condemned the tariffs announced by China on certain European dairy products. European Commission spokesperson Olof Gill told reporters that the new Chinese measures are “unjustified and not based on sound grounds.”
Accor…
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…