DUBAI: A spokesperson from Dubai Airports affirmed that that Dubai International (DXB) Airport is operating normally following a global system outage that affected the check-in process for some airlines in Terminals 1 and 2 this morning.
He explained…
MANILA: The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a previous projection of 4.9%, as rising regional exports complement resilient domestic demand. The gr…
ABU DHABI: Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Caroline Abel, Governor of the Central Bank of Seychelles (CBS), signed today in Abu Dhabi two Memorandums of Understanding (MoU) regarding enhancing the use of loc…
GENEVA: New World Economic Forum research, released today, highlights the close relationship between lack of access to green financing and technologies and the equitable transition to a greener economy. The report makes an urgent call for an instituti…
Kuwait’s Finance Minister and Minister of State for Economic Affairs and Investment, Dr. Anwar Al-Mudhaf, discussed on Friday enhancing cooperation in the electricity and renewable energy with commissioner-general of China’s representative office in t…
Kuwaiti local banks have business sustainability plans for crisis response and recovery to curtail adverse impacts on digital infrastructure and banking services, reassured Kuwait Banking Association (KBA) on Friday.
In a press release, the KBA said …
Services provided by the Central Bank of Kuwait (CBK) are uninterrupted because of the global IT glitch, the bank affirmed on Friday.
In a press release, the CBK revealed that the national banking sector was resilient in its response despite the outa…
The UK’s national debt has reached its highest level since 1962, according to new official figures Friday.
The total stock of government debt was worth 99.5% of the value of the economy in June, exceeding the highs reached during the coronavirus pand…
