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Day: June 22, 2023

Summary of Local News Released Wednesday -1-

June 22, 2023Web Desk

– The Ministry of Interior (MoI) on Wednesday urged citizens to exercise their voting rights to elect members of the 7th Central Municipal Council (CMC) scheduled for Thursday.- Qatari voters will head to the polls on Thursday to choose their represent…

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Kuwait defense minister receives congratulations from UAE official

June 22, 2023Web Desk

Deputy Prime Minister and Minister of Defense Affairs Sheikh Ahmad Fahad Al-Ahmad Al-Sabah on Thursday received a telephone call from UAE Minister of State for Defense Affairs Mohammad bin Ahmad Al Bowardi, congratulating Sheikh Ahmad on assuming the n…

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EU pays 1.5 bln euro to Ukraine in financial assistance

June 22, 2023Web Desk

The European Commission Thursday announced that it paid 1.5 billion euro (USD 1.6 billion) under the Macro-financial Assistance package for Ukraine, worth up to 18 billion (USD 19 billion) in total.With this instrument, the EU seeks to help Ukraine cov…

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New Global Financing Pact Summit kicks off in Paris

June 22, 2023Web Desk

The Summit for a New Global Financing Pact kicked off on Thursday in Paris, with Kuwait’s participation to discuss crisis financing for low-income countries.The Kuwaiti delegation, headed by Minister of Finance Manaf Al-Hajeri, as representative of His…

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CBK: Kuwait money supply up 0.3 pct. to KD 39 bln

June 22, 2023Web Desk

Central Bank of Kuwait (CBK) announced Thursday that the broad money supply (M2) went up by 0.3 percent last May to settle at KD 39.6 billion (around USD 130.6 billion).Local banks’ private sector deposits increased by 0.6 percent to settle at KD 36.2 …

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