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August 19, 2024

CBK Announces New Bonds, Tawarruq Worth KD 240 Million

The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 perce…

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Oil prices drop

Washington – Ma’an – Oil prices fell in trading on Monday, amid market fears of a decline in demand for black gold from China.

By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures fell 0.67% to $76.14 per barrel, while Brent crude fut…

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European Stocks Post Broad Gains

European stocks closed higher on Tuesday, supported by gains in retail and basic resources stocks as investors braced for a busy week of economic data.

The pan-European Stoxx 600 index closed up 0.6 percent, touching its highest level in more than th…

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