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The economy of Kuwait is a wealthy petroleum-based economy. [15] Kuwait is one of the richest countries in the world. [16] [17] [18] The Kuwaiti dinar is the highest-valued unit of currency in the world. [citation needed] According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. [19]
There is no apparent crisis on the horizon right now, but the unemployment rate has ticked higher from 3.7% to 4.2% during 2024, and a further deterioration in the jobs market might be a precursor ...
On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector. [4] [5] [6] On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, [7] becoming a self-listed exchange. [8]
6 July – Kuwait surpasses 50,000 infections after reporting 538 new cases in the past 24 hours. Its death toll jumps to 373. [7]18 July – Emir Sabah Al-Ahmad Al-Jaber Al-Sabah is admitted to hospital for what aides described as "routine" medical tests.
Financial markets liked the November jobs report. Employers created 227,000 new jobs during the month, slightly more than economists expected. That was a healthy rebound from October, when strikes ...
On January 3, 2020, WTI finished up 2.2 percent for the week at $63.05, the highest since May, after U.S. air strikes in Iraq, with Brent up 2.6 percent for the week at $68.60. [1] Then oil fell for five straight days before rising again; the U.S. "backed away from military confrontation" with Iran, and stockpiles were higher.
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It's awards season for college football. Here's a list of the award winners in 2024.