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Category: Trading

US Fed likely to cut interest rates

Jerome H. Powell, Chair, Board of Governors of the Federal Reserve, said that time has come for the monetary policy to adjust.

“Inflation has declined significantly. The labor market is no longer overheated, and conditions are now less tight than th…

Malaysia works on FTA with GCC countries – Minister

Malaysia’s Minister of Investment, Trade and Industry Tengku Zarful Abdul Aziz said on Friday that his country is holding talks on a free trade agreement (FTA) with the Gulf Cooperation Council (GCC).

A bilateral free trade agreement with the United…

Kuwait, UAE’s Fujairah sign gravel-exporting MoU

Kuwait’s Ministry of Public Works and the Fujairah Natural Resources Corporation signed on Wednesday a Memorandum of Understanding (MoU) to export standard specification gravel from the UAE to Kuwait.

Post MoU-signing with Fujairah Corporation Direc…

Kuwait’s July trade surplus with Japan down 11.1 Pct

Kuwait’s trade surplus with Japan narrowed 11.1 percent from a year earlier to JPY 57.9 billion (USD 375 million) in July, down for the first time in three months due to slowing exports, government data showed on Wednesday.

However, Kuwait stayed in…