Washington: The US Federal Reserve announced a reduction in the target range for the federal funds rate by a quarter percentage point, bringing it down to 3-3/4 to 4 percent.
According to Kuwait News Agency, the Federal Reserve Committee stated in a…
Beijing: China announced Thursday that Chinese and US working teams reached key agreements during talks in Malaysia, marking a step toward easing trade tensions between the world’s two largest economies.
According to Kuwait News Agency, the Chinese M…
Kuwait city: The Gulf Cooperation Council plans to ramp up efforts to ensure greater economic and trade integration within the six-member bloc, its chief Jasem Al-Budaiwi announced during the GCC trade cooperation committee talks in Kuwait. He emphasi…
Kuwait city: Kuwait International Bank (KIB) announced on Wednesday a net profit of KD 20.4 million (approximately USD 67 million) for the first nine months of 2025, representing a 26 percent increase compared with KD 16.2 million (around USD 53 milli…
Kuwait city: The Commercial Bank of Kuwait (CBK) announced Wednesday a net profit of KD 90.2 million (approximately USD 297.6 million) for the first nine months of 2025, marking a 2 percent increase compared to the same period last year, with earnings…