Business

CBK Participates in GCC Campaign to Combat Financial Cyber Fraud

Kuwait city: The Central Bank of Kuwait (CBK) is participating in the joint awareness campaign among the central banks of the GCC countries to combat financial cyber fraud, the CBK said on Thursday.

According to Kuwait News Agency, a CBK statement i…

Turkiye and UAE Enhance Financial Ties with Three New Agreements

Abu dhabi: Turkiye and the UAE signed three agreements on Thursday to increase financial cooperation, strengthen trade relations, and exchange local currency. The deals mark a significant step forward in the economic relationship between the two natio…

ADB Cuts Growth Forecast for Developing Asia to 4.8% for 2025

Manila: The Asian Development Bank (ADB) has reduced its growth forecast for developing Asia to 4.8 percent for 2025 due to a new global trade environment influenced by US tariffs. The Manila-based lender also revised its April forecast of 4.9 percent…

ADB Cuts Growth Forecast for Developing Asia to 4.8% for 2025

Manila: The Asian Development Bank (ADB) has reduced its growth forecast for developing Asia to 4.8 percent for 2025 due to a new global trade environment influenced by US tariffs. The Manila-based lender also revised its April forecast of 4.9 percent…