"Most of the global trends are positive if analyzed in terms of economic value. Countries have developed and lifted millions out of poverty. Artificial Intelligence is doubling productivity, in addition to medical breakthroughs, social, economic, and political stability that many countries are enjoying,” adds Al Gergawi.
Kuwait, world mourn passing of Emir Sheikh Nawaf; welcome Sheikh Meshal as successor amid challenges
The Gulf country sees a seamless transition of power as Sheikh Meshal ascends to emir following the death of Sheikh Nawaf, amidst global condolences and internal challenges.Political stability spurs Kuwait’s economic recovery
In June, the government passed the budget for 2021-22, which projected spending of US$ 76 billion and a deficit of US$ 40 billion.
