Kenya needs to address corruption that is depleting the country’s finances and hindering economic growth, according to the African Development Bank. Corruption and illicit financial flows cost the […]
Local News
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CAIT: GCC Digital Government Award aims to honour outstanding achievements
By Mohammad Al-Mutairi KUWAIT, July 2 (KUNA) — The GCC Digital Government Award is designed to recognize exceptional accomplishments in the field of digital transformation across Gulf Cooperation […]
Economy
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Economic Analyst: Yuan Adoption Enhances Egypt’s Financial Independence and Attracts Major Investments
Dr. Mohamed Abdel-Wahab, an economic analyst and financial consultant, affirmed that Egypt’s decision to fully allow Chinese companies operating in the country to register and conduct financial transactions […]
Markets
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New Economic Pact Between UK and US Boosts Heavy Industries
Dr. Mohamed Amin Tawfik, an economic expert based in London, stated that the British government has announced a new trade agreement with the United States that has now […]
Economy
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Committee Highlights Economic Improvement as Result of Reform Program
Egypt’s House Industry Committee praised the improvement in economic performance during the third quarter of the 2024/2025 fiscal year, which recorded the highest quarterly growth rate in three […]
Banks
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El Banco de Desarrollo Económico se propone elevar a $300 millones la cartera de préstamos
Aunque las operaciones del Banco de Desarrollo Económico (BDE) están estables, su salud financiera no es óptima, según Carmen Vega Fournier, presidenta de la entidad gubernamental. A pesar […]
Uncategorized
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Cuba rejects U.S. Presidential Memorandum as part of economic war
The Ministry of Foreign Relations of Cuba (Cubaminrex) rejected, through a statement on Tuesday, the U.S. Presidential Memorandum issued on June 30, 2025. This memorandum is an updated […]
Local News
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Kuwait oil price down 64 cents to USD 68.59 pb -KPC
KUWAIT, July 2 (KUNA) — The price of Kuwaiti crude oil decreased by 64 cents, closing at USD 68.59 per barrel on Tuesday, according to a statement released […]
Local News
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Briefing of KUNA main news for Tuesday until 00:00 GMT
KUWAIT — The Kuwaiti Cabinet has approved a draft decree-law that will rename the Directorate General of Civil Aviation (DGCA) to “Public Authority for Civil Aviation.” nKUWAIT — […]
Local News
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Today in Kuwait’s history
KUWAIT, July 2 (KUNA) — 1961 — The UN Security Council convened an emergency session regarding a complaint filed by Britain on behalf of Kuwait to address Iraqi […]