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PM Nawaf Salam Meets New WHO Representative and Former Minister Harb
Israeli Airstrike and Drone Attack Intensify Tensions in Nabatieh
2024 Qassim Rally Begins with 61 Racers from 13 Countries
Buraydah: The 2024 Qassim Rally commenced in Saudi Arabia, featuring participation from 61 racers representing 13 countries. Among the competitors is Abdullah Al-Shatti from Kuwait, who expressed his ambition to secure a top position in the event.
Ac…
World Bank Announces Strategic Pivot in Agribusiness, Doubles Financial Commitment
Washington: The World Bank Group announced a strategic shift in its approach to agribusiness on Wednesday, unveiling plans to establish a comprehensive ecosystem for the industry. This initiative aims to stimulate private investment, enhance productiv…
US Unveils Strategic Tariff Approach Targeting Key Industries
Washington: The United States is implementing a strategic tariff strategy aimed at bolstering its investment in critical industries such as electric vehicles and semiconductors, according to Jake Sullivan, US National Security Advisor. In a speech del…
Kuwait Seeks Economic Diversification in Line with Vision 2035, Minister States
Washington: Kuwait is actively pursuing strategies to diversify its economy and strengthen its ties both regionally and internationally, according to statements made by its Finance Minister. These efforts are part of the broader Kuwait Vision 2035 ini…
Kuwait Finance Minister Engages with IMF and World Bank Officials in Washington
Washington: Kuwaiti Minister of Finance Nora Al-Fassam engaged in a series of meetings with officials from the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, focusing on enhancing cooperation in public finance reform a…
Kuwait Finance House Sells 18.18 Percent Stake in Sharjah Islamic Bank
Kuwait city: Kuwait Finance House (KFH), also known as Baitak, has announced the sale of its entire 18.18 percent stake in the United Arab Emirates’ Sharjah Islamic Bank. The transaction involves 588,304,755 shares, marking a significant divestment by…
Saudi Non-Oil Exports Rise by 7.4 Percent in August, Oil Exports Decline
Riyadh: Saudi Arabia’s non-oil exports saw a 7.4 percent increase in August 2024, reaching SAR 27.5 billion (USD 7.32 billion), up from SAR 25.6 billion (USD 6.82 billion) in the same month of the previous year. This rise accounts for an increase of S…
GCC Chief Condemns Terrorist Attack on Turkish Aerospace Industries
Ankara: The Secretary-General of the Gulf Cooperation Council, Jasem Al-Budaiwi, has condemned the recent terrorist attack on the Turkish Aerospace Industries in Ankara, which resulted in multiple casualties. Al-Budaiwi expressed condolences to the fa…
Security Operation in Northern Pakistan Results in Death of Nine Militants
Islamabad: A security operation in Pakistan’s northern Khyber Pakhtunkhwa province has resulted in the death of at least nine militants, including a high-value target, according to the military. The operation took place in the Bajaur district, which b…
Japan Emphasizes Continued Support for Two-State Solution in Middle East
Tokyo: Japan’s Foreign Minister Takeshi Iwaya reaffirmed his nation’s commitment to a two-state solution in the Middle East during a 15-minute phone call with Palestinian Prime Minister Muhammad Mustafa. The conversation, which took place on Thursday,…
