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Business

Gold prices record gains for fourth week at USD 1.978 per ounce

March 26, 2023 - by kgadmin

Gold recorded positive gains for the fourth week in a row, closing at USD 1.978 an ounce, despite the slight decline witnessed at the end of last Friday’s trading.A report issued by Kuwaiti Dar Al-Sabaek said on Sunday that the yellow metal prices dec…

Gold prices record gains for fourth week at USD 1.978 per ounce Read More
Business

USD traded at KD 0.306, Euro at KD 0.329

March 26, 2023 - by kgadmin

The exchange rate of the US dollar against the Kuwaiti Dinar Sunday edged up by 0.15 percent to the level of KD 0.306 and the Euro moved down by 1.29 percent to KD 0.329, compared with Thursday’s rates, said the Central Bank of Kuwait (CBK).The CBK ad…

USD traded at KD 0.306, Euro at KD 0.329 Read More
Business

UNHCR received over USD 21.3 mln in Zakat contributions

March 24, 2023 - by kgadmin

The UN Refugee Agency (UNHCR) said Friday the Islamic giving plays increasing role in helping the forcibly displaced people in 26 countries.At the start of the holy month of Ramadan, UNHCR is launching its 5th Islamic Philanthropy Annual Report, which…

UNHCR received over USD 21.3 mln in Zakat contributions Read More
Business

UK, EU adopt new arrangements set out in Windsor Framework

March 24, 2023 - by kgadmin

The European Union and the United Kingdom have held the tenth meeting of the Withdrawal Agreement Joint Committee and second meeting of the Trade and Cooperation Agreement Partnership Council in London.The meetings took place in a constructive atmosph…

UK, EU adopt new arrangements set out in Windsor Framework Read More
Business

KPC: Kuwait crude oil up USD 1.56 to reach USD 77.50 pb

March 24, 2023 - by kgadmin

Kuwait crude oil increased by USD 1.56 during Thursday’s trading sessions to reach USD 75.94 per barrel compared with USD 75.94 pb the day before, Kuwait Petroleum Corporation (KPC) said Friday.Brent crude futures went down by 78 cents to USD 75.91 pb…

KPC: Kuwait crude oil up USD 1.56 to reach USD 77.50 pb Read More
Business

Inflation, currency collapse threaten food security in MENA region — WFP

March 23, 2023 - by kgadmin

The World Food Program (WFP) cautioned against the impacts of food inflation and currency collapse on food security in the Middle East and North Africa (MENA) region.As the region celebrates the beginning of the Muslim Holy Month of Ramadan, it is expe…

Inflation, currency collapse threaten food security in MENA region — WFP Read More
Business

Israeli forces kill Palestinian north of West Bank

March 23, 2023 - by kgadmin

Israeli occupation forces killed a Palestinian youth in Tulkarm city, north of the West Bank, said Palestinian sources on Thursday.The Palestinian Health Ministry said that Amir Abu-Khadija, 25, arrived at a local hospital with a serious gunshot wound …

Israeli forces kill Palestinian north of West Bank Read More
Business

Bank of England raises interest rate to 4.25 pct

March 23, 2023 - by kgadmin

The Bank of England announced on Thursday it increased interest rate to 4.25 percent in its 11th consecutive step taken since December 2021 to curb inflation rate standing at 10.4 percent.In a press statement, the bank’s monetary policy committee said …

Bank of England raises interest rate to 4.25 pct Read More
Business

UN Chief: Int’l financial system unfit to handle current challenges

March 23, 2023 - by kgadmin

Secretary General of the United Nations Antonio Guterres Thursday painted a grim picture of the current global situation and said he will talk with European Union leaders on how to confront these challenges.”This is indeed a crucial moment. We have a p…

UN Chief: Int’l financial system unfit to handle current challenges Read More
Business

IAEA chief warns against security risks at Zaporizhzhia plant

March 23, 2023 - by kgadmin

The International Atomic Energy Agency (IAEA) cautioned Thursday against dangerous situation at Zaporizhzhia nuclear plant, south of Ukraine, that was occupied by the Russian forces.In a press statement, IAEA Director General Rafael Grossi said that th…

IAEA chief warns against security risks at Zaporizhzhia plant Read More
Business

Kuwait crude oil up 74 cents to reach USD 75.94 pb – KPC

March 23, 2023 - by kgadmin

Kuwait crude oil increased by 74 cents during Wednesday’s trading sessions to reach USD 75.94 per barrel compared with USD 75.20 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.Brent crude futures rose by USD 1.37 to USD 76.69 pb an…

Kuwait crude oil up 74 cents to reach USD 75.94 pb – KPC Read More
Business

Briefing of KUNA main news for Wednesday until 00:00 GMT

March 23, 2023 - by kgadmin

KUWAIT – His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah conveyed greetings on the Holy Month of Ramadan to the citizens and residents of the State of Kuwait.KUWAIT – His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber …

Briefing of KUNA main news for Wednesday until 00:00 GMT Read More

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