UAE, Germany pact to promote development
The UAE’s Ministry of Industry and Advanced Technology and Germany’s State of Baden-Württemberg signed a joint…
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NBK to launch NBK Wealth for wealth management solutions
The National Bank of Kuwait (NBK) announced on Sunday the launch of NBK Wealth brand, designed to deliver…
2023 revenue soars 40.0% y-o-y – Markaz
Kuwait Financial Centre, Markaz, announced on Sunday a rise in total revenue to KD 26.32 million in 2023 from KD…
Macquarie, Federated Hermes mull trimming UK’s Cadent stake
The Macquarie Group and U.S. based Federated Hermes are considering a collective sale of their stakes in UK's gas…
S. Korea pledges $57 bln to support SMEs
South Korea set up a $56.97 billion financial aid programme to assist companies investing in vital sectors and…
India’s Reliance eyes Disney’s stake in Tata Play
Reliance Industries, owned by billionaire Mukesh Ambani, is negotiating to acquire Walt Disney’s 29.8 per cent…
Egypt plans to increase fodder production
In a strategic move to bolster feed reserves and stabilise markets, Egyptian Prime Minister Dr. Mostafa Madbouly…
Eurostat: Euro Zone’s Q4 sees muted growth
Euro zone economic growth remained stagnant in the final quarter of 2023 compared to the preceding quarter and saw…
Equinor: green plans despite share plunge
Equinor, a majority state-owned energy firm, should persist with its renewable energy expansion plans despite…
ECB: inflation nears 2%, rate cut delayed
The Euro zone inflation seems to be returning to 2 per cent, Reuters reported citing Vice President of the European…
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