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Month: September 2024

Kuwait banking sector earns KD 1.5 billion in 2023

The annual Financial Report released by the Central Bank of Kuwait on Thursday disclosed that the banks shareholders dividends grew by 25 percent on annual basis reaching KD 1.5 billion (USD 5.9 billion) in the end of the year 2023.

The continuous …

Kuwait FM participates in GCC-Benelux ministerial meeting

The Minister of Foreign Affairs, Abdullah Al-Yahya attended the joint ministerial meeting between the Gulf Cooperation Council (GCC) and the Benelux Union — comprising of Belgium, the Netherlands, and Luxembourg.

The meeting took place on the side…

PM Mikati denies news of Lebanon signing ceasefire proposal

Caretaker Prime Minister Najib Mikati denied on Thursday circulating news regarding the signing of a ceasefire proposal after a meeting with US Secretary of State Antoni Blinken and American mediator Amos Hochstein.

A statement by Mikati’s office u…

EU expresses deep concern about military escalation in Lebanon

EU High Representative for Foreign Affairs and Security Policy Josep Borrell on Thursday said in a statement that the European Union is “extremely concerned” with the military confrontation between the Israeli occupation and Lebanon, which started on…