Kuwait Acting Assistant Foreign Minister for International Organizations Affairs, Counselor Abdulaziz Al-Jarallah, met Wednesday with the visiting UN Regional Director for Development Coordination in the Arab Countries, Laila Baker.During the meeting, …
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Algerian president, French counterpart discuss bilateral ties
Algerian President Abdulmajid Tebboune and French President Emmanuel Macron discussed enhancing bilateral ties as well as touching on regional and global developments.In a statement Saturday, the Algerian presidency said, “President Tebboune held a pho…
Egyptian Pres. discusses with Bahrain King boosting cooperation
Egyptian President Abdelfattah Al-Sisi and Bahraini King Hamad bin Isa Al-Khalifa stressed the importance of boosting Egyptian-Bahraini cooperation and coordination.This came during President Al-Sisi’s meeting with King Hamad bin Issa, Saturday, in Sha…
Kuwait Central Bank raises discount rate by quarter percentage point to 2.25 per cent
– The Central Bank of Kuwait (CBK) will raise the discount rate by 0.25 per cent from 2.00 per cent to 2.25 per cent as of Thursday.The CBK also decided to change the rates of monetary policy instruments by varying percentages for the entire interest r…
Algeria Pres. sacks minister of finance
Algerian President Abdelmadjid Tebboune signed on Tuesday a decree terminating the duties of Finance Minister Abderrahmane Raouya.Under the decree, Secretary-General of the Ministry Brahim Djamel Kessali was named as the acting minister of finance, Alg…
Kuwait-led Arab talks yield new consumer law guidelines
Kuwait on Tuesday chaired pan-Arab talks over new financial duty rules covering a regional free trade area, a measure aiming to introduce policies to better protect consumers.The new guidelines take into account suggestions pitched by Arab states on th…