News
Non-oil sector drives GCC's growth amid diversification push | Kuwait Times Newspaper
5+ hour, 13+ min ago (87+ words) MUSCAT: The Statistical Center of the Gulf Cooperation Council announced on Sunday that the non-oil sector continued to lead Gulf economic growth amid ongoing. .....
NBK-Egypt delivers net profit of KD 12. 9m in first quarter of 2026
7+ hour, 14+ min ago (946+ words) Kuwait Times NBK-Egypt delivers net profit of KD 12. 9m in first quarter of 2026 KUWAIT: National Bank of Kuwait " Egypt (NBK-Egypt) reported a net profit of EGP 2 billion (equivalent to KD 12. 9 million) for the first three months of 2026. Net operating income reached…...
Soaring energy profits reignite calls for windfall tax
6+ hour, 48+ min ago (214+ words) The big difference this quarter is that "BP, Shell and Total benefited from both the higher prices and the turbulence itself," Stephen Innes, analyst with SPI Asset Management, told AFP. He added that "the European majors looked less like traditional…...
Wall St Week Ahead Data, Iran and US-China meeting in focus
1+ day, 6+ hour ago (678+ words) Kuwait Times Wall St Week Ahead Data, Iran and US-China meeting in focus NEW YORK: The rallying US stock market will take its cues next week from inflation and consumer spending data, developments in the war in Iran, and a…...
Japan bets on Bo J, Washington for extra punch in yen battle
1+ day, 6+ hour ago (194+ words) Having supposedly spent nearly 10 trillion yen ($63. 7 billion) in the current round of interventions, analysts say Tokyo may be counting on Bessent's visit to Japan next week to deliver an additional jolt, whether through explicit endorsement or carefully chosen words that…...
Germany's factory orders surge as Iran war sparks rush
3+ day, 7+ hour ago (308+ words) Kuwait Times Germany's factory orders surge as Iran war sparks rush FRANKFURT: German factory orders rose unexpectedly strongly in March, official data showed Thursday, boosted by firms rushing to get orders in to beat disruption provoked by the Mideast war....
Iran war pauses global easing push by CBs in April
4+ day, 8+ hour ago (446+ words) Kuwait Times Iran war pauses global easing push by CBs in April LONDON: The Iran war has seen major central banks put interest rates on hold in April and stymied an easing push in emerging economies as policymakers face inflation…...
Kuwait's GDP growth returns to positive territory in 2025; non-oil economy shrinks
4+ day, 7+ hour ago (691+ words) Kuwait Times Kuwait's GDP growth returns to positive territory in 2025; non-oil economy shrinks KUWAIT: Preliminary official estimates show GDP growth easing to 2. 4 percent in Q4 2025, due to a contraction in non-oil GDP linked to reduced manufacturing and refining activity. Meanwhile, oil…...
Kuwait's GDP growth returns to positive territory in 2025; non-oil economy shrinks | Kuwait Times Newspaper
4+ day, 7+ hour ago (315+ words) KUWAIT: Preliminary official estimates show GDP growth easing to 2. 4 percent in Q4 2025, due to a contraction in non-oil GDP linked to reduced manufacturing an. .....
US job growth accelerates in April despite war
4+ day, 6+ hour ago (318+ words) WASHINGTON: Private sector job growth in the United States picked up in April, boosted by hiring in health care and a rebound in other sectors, payroll firm ADP said Wednesday, despite war in the Middle East. Employment rose by 109, 000, marking…...