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EBRD Warns of Slower Growth Amid Middle East Tensions

London: The European Bank for Reconstruction and Development (EBRD) announced Thursday that it is likely to cut its growth forecasts for some emerging markets by as much as 0.4 percentage points in its next economic report due in June if energy prices…

Kuwaiti Oil Barrel Price Drops

Kuwait city: The price of the Kuwaiti oil barrel went down USD 22.27 to reach USD 124.15 per barrel on Wednesday, compared with USD 146.42 pb the previous day, according to a statement issued by the Kuwait Petroleum Corporation (KPC) on Thursday.

Ac…

Al Gharafa and Al Ahli Secure Wins in Qatar Volleyball League

Doha: Al Gharafa defeated Al Shamal 3-1 Thursday in the second round of the Qatar Volleyball League for men, with all matches being held at the Qatar Volleyball Association Hall and featuring 10 clubs. Al Gharafa’s set scores were (25-17, 21-25, 25-23…