Market

Central Bank of Kuwait Allocates KD 100 Million Bonds, Tawarruq

Doha: The Central Bank of Kuwait (CBK) announced Monday that it issued bonds and related tawarruq valued at KD 100 million (about USD 330 million) for a six-month term.

According to Qatar News Agency, in a statement today, CBK clarified that the se…

UK Economy Slows as Household Savings Fall Under Tax Pressures

London: The UK economy slowed in the third quarter of the year, as higher taxes put pressure on household incomes and savings, official figures have shown. Data from the Office for National Statistics (ONS) showed that the GDP grew by just 0.1%, marki…