IMF approves USD 820 mln Egypt loan

WASHINGTON, The Executive Board of the International Monetary Fund (IMF) completed the third review of Egypt’s EFF arrangement, which enables Egypt to immediately draw about USD 820 million.

IMF said in a statement on Monday that the macroeconomic co…

Kuwait Bourse Closes Lower

Kuwait Bourse closed Tuesday trading as the All Share Index lost 4 points to reach 7,186.71 points, a decrease of 0.06 percent.

As many as 233.6 million shares valued at KWD 54.17 million (roughly USD 165.2 million) were traded via 12,962 transaction…

Kuwait Bourse Closes Lower

Kuwait Bourse closed Tuesday trading as the All Share Index lost 4 points to reach 7,186.71 points, a decrease of 0.06 percent.

As many as 233.6 million shares valued at KWD 54.17 million (roughly USD 165.2 million) were traded via 12,962 transaction…

2 Killed, 20 Injured in Train Derailment in India

Two people were killed and about 20 others injured in a train derailment in the eastern Indian state of Jharkhand.

Indian media reported, citing officials, that the accident occurred in the morning when 18 coaches of the Howrah-Mumbai mail train dera…