Kuwait finance minister holds economic cooperation talks at COMCEC

The National Times - Kuwait finance minister holds economic cooperation talks at COMCEC

Weather - Sydney 16°C

Kuwait finance minister holds economic cooperation talks at COMCEC

ECONOMY 04.11.2026

Kuwait finance minister holds economic cooperation talks at COMCEC

Change text size:

ISTANBUL: Minister of Finance Dr Yaqoub Al-Rifai discussed ways to strengthen economic and development cooperation with several officials on Tuesday. The talks took place on the sidelines of the 42nd Ministerial Meeting of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organization of Islamic Cooperation (OIC) in Istanbul. Minister of Finance Dr Yaqoub Al-Rifai meets Director General of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) Zehra Zumrut Selcuk on the sidelines of the 42nd COMCEC Ministerial Meeting in Istanbul on Tuesday. — KUNA

Minister of Finance Dr Yaqoub Al-Rifai meets Executive Director of the Women’s Development Organization of the OIC Member States Counselor Sarah Al-Shoura on the sidelines of the 42nd COMCEC Ministerial Meeting in Istanbul on Tuesday. — KUNA Al-Rifai and UAE Minister of Foreign Trade Dr Thani Al-Zeyoudi discussed the latest developments in the ongoing crisis in the Strait of Hormuz and its effects on energy supply chains, the Ministry of Finance said in a statement.

He also met Executive Director of the Women’s Development Organization of the OIC Member States Counselor Sarah Al-Shorouh and congratulated her on taking up the post. Al-Rifai said Kuwait was keen to keep supporting OIC institutions and to strengthen the organization’s role in empowering women and supporting their part in achieving sustainable development in member states. He also met Director General of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) Zehra Zumrut Selcuk. Al-Rifai stressed that Kuwait would continue supporting international and Islamic institutions so that they achieve tangible results and deliver projects that add value. Both sides praised the existing relations between Kuwait and the center and said they hoped to continue cooperating in line with developments in the global economy. — KUNA

F.Morgan--TNT

Featured

Bharti Airtel revenue expected to grow at double-digit pace in second quarter

Airtel Q2 results preview: Telecom major Bharti Airtel is expected to report double-digit revenue growth in the September quarter of FY27 (Q2FY27). as reported by brokerages' estimates, the Gurugram-based firm could post a Y-o-Y growth of 14-15 per cent in its topline, driven by steady performance across its businesses.

Titan quarterly profit seen rising as jewellery business drives growth

Titan Company is expected to report healthy double-digit growth in revenue and profit in the September quarter, with brokerages projecting year-on-year sales growth of 16-18. 8 per cent and profit growth of 20-26.

Indian crude-sensitive shares gain after 13% oil-price decline

InterGlobe Aviation (IndiGo) Current Market Price: ₹5,048 IndiGo stock reflects renewed buying interest following a recovery from recent intermediate lows below the ₹4,600, believes Jain. The broader multi-month structure shows the stock stabilizing after its early 2026 cyclical trough near ₹3,900, continuing to navigate a well-defined horizontal trading corridor, the analyst adds.

Stocks and dollar fall as Democratic election gains reshape markets

HONG KONG: Asian stocks fell along with the dollar on Wednesday as Democrats made big early gains in the US midterm elections and looked set to take control of both houses of Congress, which analysts said could lead to gridlock in Washington. Tens of millions of Americans voted in elections seen as a referendum on Donald Trump’s presidency, amid anger over soaring fuel prices, tariffs and the Iran war.

Change text size: