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Day: July 27, 2024

Biden, King Abdullah II discuss Gaza ceasefire

US President Joe Biden and King Abdullah II of Jordan discussed the situation in Gaza Strip, including the ceasefire deal and increasing humanitarian aid.

In a statement late Friday, the White House said the two sides also discussed in a phone call t…

US to invest USD 400 mln in semiconductor manufacturing

The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.

President Biden sig…

Al-Ahli Bank of Kuwait achieves KD 29 mln net profits in H1 2024

Al-Ahli Bank of Kuwait announced on Saturday that it achieved net profits of KD 29.06 million (around USD 95.8 million) in the first half of 2024, a growth of 22 percent year-on-year, with earnings per share at 12 fils. The Al-Ahli Bank Group said in …

Commercial Bank of Kuwait reaps USD 207 mln in H1 2024

The Commercial Bank of Kuwait posted KD 62.7 million (USD 207 million) worth of net profits in H1 2024 with a profit per share at 34.9 fils.

Chairman Sheikh Ahmad Duaij Al-Sabah said in a press statement on Saturday that the operational profits befor…

BOC’s Vice President attends Paris 2024 opening ceremony

Paris, The historic opening ceremony of the 33rd Summer Olympic Games, “Paris 2024,” took place today along the River Seine. The event, hosted by the French capital until August 11, featured a unique setting.

French President Emmanuel Macron, along w…