Market

OTC trades down to 15.3 mln shares last week

KUWAIT, Feb 2 (KUNA) Trades of Over the Counter (OTC) platform went down last week, standing at 15.3 million shares, with a value of KD 3.8 million (about USD 12.92 million) through 959 transactions.The immediate trades’ screen was negative at 7.2 mil…

Market

China pledges sufficient liquidity at local level

BEIJING, Feb 2 (KUNA) The Chinese central bank announced on Sunday it would inject yuan 1.2 trillion (USD 174 billion) into the local monetary market in a step aimed at preserving sufficient liquidity, amid coronavirus spread.The central bank said in …

Literacy

Development plan needs facilitation of measures Al-Nafisi

KUWAIT, Jan 16 (KUNA) A real estate expert said hereon Sunday that the development plan approved by the government needs facilitation of of the procedures of funding by local banks in order to accelerate the launching of new projects in light of the f…