The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million). CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 percent rate with a three-month maturity rate. Source: Qatar News Agency
Egyptian-Spanish Team Unearths Fifth Dynasty Tomb at Saqqara
Abu dhabi: A joint Egyptian-Spanish archaeological team has unearthed an ancient tomb from the late Fifth Dynasty, belonging to the