Kuwait credit growth remains soft in Q2, picks up in June

Lending still lagging with only KD 0.8 billion borrowed in 1H18 KUWAIT: Credit saw its strongest month-on-month gain in two years in June, and finished...

Fitch keeps UK outlook negative, debt at AA-

WASHINGTON: Fitch ratings maintained Britain's AA- debt rating and outlook at negative, but warned rising deficits, the coronavirus surge and its fraught trading relationship...

US officials hope tax plan will bring corporate profits home

WASHINGTON: The sweeping tax cuts adopted Wednesday by US lawmakers while reducing rates on corporations, also aim to encourage multinational businesses to repatriate huge...

COFE App secures $3.2m in funding

KUWAIT: Kuwait-based COFE App, a coffee-centric marketplace app, announced yesterday that it has secured $3.2 million in...

Sri Lanka crisis scares away tourists

Impasse rings alarm bells for economy as currency slumps to record lows COLOMBO: A political crisis in Sri Lanka, where two prime ministers are fighting...

Fortnite’s Epic takes Apple feud to Europe

BRUSSELS: Fortnite maker Epic Games yesterday lodged a complaint against Apple with EU antitrust authorities, deepening its bitter feud with the iPhone-maker over its...

VIVA, Huawei ink MOU to develop 5G services

KUWAIT: VIVA (an STC Company), a world-class digital leader providing innovative services and platforms to customers, and enabling the digital transformation in...

Iran’s investment gold rush too slow to emerge?

Total signs gas deal with Iran TEHRAN: When Iran signed its landmark deal with world powers in 2015, curbing its nuclear program in exchange for...

URC holds AGM for financial year 2018

KUWAIT: URC Chairman Tareq AbdulSalam (center), Acting CEO Ahmad Kasem (second left), Group Chief Financial Officer Ravi Veeraraghavan (second right) and...

KIPCO Holding announces partnership with KFAS for Sharakah Forum 2017

KUWAIT: KIPCO-The Kuwait Projects Company (KIPCO Holding) held a joint press conference at KIPCO Tower 56th Floor - Chairman's Club yesterday to announce a...

JAC and IAEA sign cooperation agreement in nuclear medicine

KUWAIT: Jaber Al-Ahmad Al-Sabah Molecular Imaging Center (JAC), one of the centers of the Kuwait Foundation for the Advancement of Sciences’ (KFAS), signed an...

NIC completes collection of Americana shares

Americana's minority shareholders agree to sell 107.1 mln shares to Adeptio KUWAIT: NIC Chairman Hamad Al-Ameeri has announced the completion of the collection of Americana...

E Paper

20th April