In its August 2025 update, the economic forecasting team has raised its projections for annual real GDP growth across several key economies, including the United States, Canada, the […]
Economy
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What’s on Jim Chalmers’ Economic Agenda? | Fiona Katauskas
The cartoon highlights key topics under discussion at Jim Chalmers’ economic roundtable, suggesting that certain policy proposals may not have gained traction. While the image captures the complexity […]
Local News
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Historical Milestones in Kuwait on August 19
KUWAIT, Aug 19 (KUNA) — n1961 — Sheikh Abdullah Al-Salem Al-Sabah, then Amir of Kuwait, issued a decree establishing the Foreign Affairs Department and appointed Sheikh Sabah Al-Salem […]
Local News
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Kuwait’s Amir Approves New CITRA Board for Four-Year Term
KUWAIT, Aug 19 (KUNA) — His Highness the Amir, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, issued a decree on Tuesday formalizing the appointment of the new board of directors […]
Local News
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Kuwait Oil Price Declines to USD 68.95 per Barrel
KUWAIT, Aug 19 (KUNA) — The value of Kuwait’s crude oil dropped by 54 cents on Monday, settling at USD 68.95 per barrel, down from USD 69.49 per […]
Local News
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Kuwait’s Amir Appoints Dr. Faisal Al-Humaidan to Lead Scientific Research Institute
His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah has issued a decree appointing Dr. Faisal Al-Humaidan as the new Director General of the Kuwait Institute for Scientific […]
Local News
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Kuwait Reinforces Global Humanitarian Leadership Through Sustained Aid Efforts
The United Nations observes World Humanitarian Day on August 19, a date commemorating the 2003 bombing of its Baghdad office that claimed 22 lives. This occasion also spotlights […]
Local News
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Kuwait Fund for Arab Economic Development Marks $24.42 Billion in Global Support
According to Waleed Al-Bahar, the acting Director General of the Kuwait Fund for Arab Economic Development (KFAED), the institution has disbursed nearly KD 7.46 billion (USD 24.42 billion) […]
Local News
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KOTC Recognized for Excellence in Tokyo MoU Maritime Safety Rankings
KUWAIT, Aug 19 (KUNA) — The Kuwait Oil Tanker Company (KOTC) announced on Tuesday that it has secured a top-tier position in the Tokyo Memorandum of Understanding (MoU) […]
Local News
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Arab Energy Organization Emphasizes Low-Carbon Methanol in Climate Strategy
KUWAIT, Aug 19 (KUNA) — Jamal Al-Loughani, Secretary General of the Arab Energy Organization (AEO), formerly known as OAPEC, highlighted the growing significance of low-carbon methanol as a […]