Expats take out over 4 billion Kuwaiti dinars in loans

Kuwait City: Banking sources have estimated that expats have taken out a total of 4 billion Kuwaiti dinars in loans, Al Qabas reported. Out of the 4 billion, 3.4 billion were installment loans for housing purposes, compared to the 622 million Kuwaiti dinars in consumer loans. According to the latest statistics by the Central Bank […]

COVID-19: Do intranasal vaccines work better?

DUBAI: Could an intranasal vaccine be more effective than instramuscular shots trained against COVID-19? This question is currently foremost in the minds of a number of vaccine developers. Recently, a research team did a comparative study in mice, with results suggesting that intranasal vaccines were more effective in conferring immunity to SARS-CoV-2 than intramuscular shots. […]

UAE, Israel and US to launch $3b fund for major infrastructure projects

Tel Aviv: The UAE, Israel and the US will set up a joint $3 billion investment fund headquartered in Jerusalem as part of efforts to normalize relations and promote regional economic development. The fund was announced during a first official visit to Israel by a UAE delegation, following a formal agreement on normalizing ties last month. It […]