Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.
The new discount rates will be effective tomorrow, Thursday.
CBK Governor Basel Al Haroon told the Kuwait News Agency…
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.
Brent crude futures gained 95 cents, or 1.3%, to se…
The Qatar International Centre for Conciliation and Arbitration (QICCA) at the Qatar Chamber has launched a new package of electronic services via its website.
This comes in the context of QICCAs strategy to enhance its digital infrastructure and pro…
European stock indices closed lower Wednesday as investors avoided risk ahead of the US interest rate decision that could mark the start of a monetary easing cycle in the world’s largest economy.
The European Stoxx 600 index fell 0.5 percent, led by …