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Shadi Khader, Rana Ataullah and Vikram Viswanathan receive the award.

NBK Wealth awarded ‘MENA Best Fund Management for 2025’

KUWAIT: NBK Wealth, the leading wealth management group, was awarded “MENA Best Fund Management for 2025” at the MEED Banking Excellence – Corporate and Investment Awards 2025, hosted by MEED i...
Muhammad Al-Borno, Kholood Abdullah, Shading Khader, Rana Atallah and Vikram Viswanathan are pictured during the event.

NBK awarded Best Bank in Kuwait for 2025 & Al-Sager recognized as MENA Sustainability Leader of the Year

RAROTONGA, Cook Islands: A photo shows taro plants growing in a plot on the main island of Rarotonga. Taro is a starchy root crop and a staple of the Cook Islanders diet. Cultivated in wetland, either in paddy fields with constant waterflow, or on raised-beds. - AFP

Climate change could cut crop yields up to a quarter

TOKYO: Nippon Steel Chairman and CEO Eiji Hashimoto (left) and Vice Chairman and Executive Vice President Takahiro Mori attend a press conference at the company’s headquarters office in Tokyo on June 19, 2025. - AFP

Nippon Steel completes US Steel acquisition under strict conditions

LAGOS: Vehicles queue for fuel at an NNPC (Nigerian National Petroleum Corporation) filling station in Lagos. The long queues of motorists in front of the few gas stations in Abuja, the Nigerian capital, distributing compressed natural gas (CNG), undermine the authorities’ efforts to promote this type of fuel as an alternative to gasoline and diesel. – AFP

Shortages hit Nigeria’s drive towards natural gas-fueled cars

HANOI: Photo shows bags with the logos of international fashion brands for sale outside a store in Hanoi. - AFP

Vietnam cracks down on fake goods as US tariffs loom

Ali Marafi

ABK Kuwait-Egypt reports strong results for first quarter of 2025

RIO DE JANEIRO: Manoki Indigenous people take part in a demonstration in front of the hotel where an auction organized by Brazil’s Oil and Gas Regulatory Agency (ANP) is taking place, in Rio de Janeiro, Brazil, on June 17, 2025. - AFP

Brazil sells rights to oil, gas blocks near Amazon river mouth

LOS ANGELES: Demonstrators gather to protest against sweeping new travel ban announced by US President Donald Trump, outside the Tom Bradley International Terminal at Los Angeles International Airport. - AFP

Transatlantic airfares slump as West Europeans skip US travel

ISLAMABAD: Pakistan International Airline (PIA) aircraft prepares to take off for Paris at the Islamabad International Airport in this file photo. – AFP

Pakistan’s PIA sale draws interest from leading companies

RIO DE JANEIRO: Manoki Indigenous people take part in a demonstration in front of the hotel where an auction organized by Brazil’s Oil and Gas Regulatory Agency (ANP) is taking place, in Rio de Janeiro, Brazil, on June 17, 2025. - AFP

Brazil sells rights to oil, gas blocks near Amazon river mouth

RIO DE JANEIRO: Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by environmentalists months before the country is to host a UN climate summit. Two consortiums - one comprising ...
LOS ANGELES: Demonstrators gather to protest against sweeping new travel ban announced by US President Donald Trump, outside the Tom Bradley International Terminal at Los Angeles International Airport. - AFP

Transatlantic airfares slump as West Europeans skip US travel

NEW YORK: Airfares from Europe to the United States have dropped to rates not seen since before the pandemic, as travelers from Western Europe lead a pullback in travel to the US that is expected to continue through at least July. Overseas arrivals ...
ISLAMABAD: Pakistan International Airline (PIA) aircraft prepares to take off for Paris at the Islamabad International Airport in this file photo. – AFP

Pakistan’s PIA sale draws interest from leading companies

ISLAMABAD: Two of Pakistan’s leading business groups and a company backed by the powerful military will bid for the country’s ailing national carrier, a divestment the government hopes will kickstart the privatizations of state-owned enterprises...
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NBK Economic Brief

KUWAIT: Recent data releases point to a pick-up in key activity metrics after a slowdown in Q1. The ramp-up in Zionist entity-Iran hostilities has sharply increased regional uncertainty, while also pushing oil prices back above our forecast for 2025...
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Weyay Bank offers KNPC cashback for SELECT cardholders

KUWAIT: Weyay Bank, Kuwait’s first digital bank, is excited to announce a new exclusive offer designed to support its allowance customers who own their SELECT card. In collaboration with Kuwait National Petroleum Company (KNPC), SELECT cardholders...
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Kuwait International Airport's Terminal 2 (T2). — KUNA
Kuwait’s T2 meets LEED Gold standards, local accessibility code
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KUWAIT: Kuwait National Guard Undersecretary Lt Gen Hashem Al-Rifai inspects Tahrir Camp’s medical services and supply and transport branch on June 18, 2025. – KUNA
Food reserves in Kuwait sufficient for over 6 months
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TEHRAN: Iran's Supreme Leader Ayatollah Ali Khamenei, flanked by the Iranian flag and a portrait of his late predecessor Ayatollah Ruhollah Khomeini, gives a televised address on June 18, 2025. - AFP
Khamenei vows no surrender
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KUWAIT: Minister of Social Affairs Amthal Al-Huwailah and Minister of Commerce and Industry Khalifa Al-Ajeel hold a meeting to follow up on the readiness of cooperative societies and stocks of goods. - KUNA
Ministers assure key essentials abundant, call to avoid hoarding
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KUWAIT: Cabinet ministers convene for their weekly meeting on Wednesday. — KUNA
Kuwait Entertainment City to attract global investors, operators