Category Archives: Legal

Jordanian FM, EU official affirm illegality of Israeli settlement policies

AMMAN, Jordanian Foreign Minister Ayman Al-Safadi and European Union Special Representative for the Peace Process Susanna Terstal on Sunda…

Mohammad Salah wins BBC African footballer in 2018

LONDON, For the second year in a row, Egypt and Liverpool’s forward Mohammad Salah has been named the BBC African Footballer of the Year.…

Fitch Ratings keeps Turkey with “BB” rating

ANKARA, The Newyork based credit agency Fitch Ratings affirmed that Turkey’s credit rating stood at “BB” with a negative …

UNSC approves draft on cross-border aid to Syrians

NEW YORK, The UN Security Council on Thursday adopted a draft, sponsored by Kuwait and Sweden, to extend for one year the mandate specified in th…

Kuwait bourse ends Thursday on red board

KUWAIT, Boursa Kuwait ended trading Thursday on red board as the premier market index was down 0.54 points to reach 5,387.53 points.

Meanwhile…

Softer prices bolstering crude oil demand in 4Q’18 – IEA

PARIS, Softer oil prices are increasing demand growth in a number of major oil consumer countries in the fourth quarter of 2018 and have offset a …

EU bank announces investment of 3.8 billion euro to fight climate change

BRUSSELS, During the COP24 global climate conference in Katowice, the Board of the European Investment Bank (EIB) has approved investment wo…

Oil prices hike boosts Arab production growth to USD 2.7 trillion

KUWAIT, The oil prices hike boosted the expectations of acceleration in Gross domestic product (GDP) growth in the Arab region at an average ra…

Kuwait Fund contributing to socio-economic development in Argentina

KUWAIT, Kuwait Fund for Arab Economic Development (Kuwait Fund or KFAED) signed on Tuesday a loan agreement with the Argentinian government t…

USD stable at KD 0.303, EUR down to KD 0.345 – CBK

KUWAIT, The exchange rate of the US Dollar was stable at KD 0.303, while the Euro went down to KD 0.345 compared to Monday’s rates, said the …