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CEO Muhannad Al-Sane

Almowazi Publishes “Year of Combating Economic Challenges, OTC Market 2022” Annual Report

• Value of trading in unlisted shares increased by 32% to KD 224.6 million.• Transparency and online real-time prices gained the attention of a wider range of investors and reflected in investor confidence.KUWAIT: Kuwait's leading data vendor for unlisted shares' Over-the-Counter (OTC) Platform by Boursa, Almowazi, has released its Annual Report 2022 entitled "The Year of Combating Economic Challenges, OTC Market 2022". The report details the...

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Kuwait's Crown Prince meets Ukrainian President

JEDDAH: Representative of His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah met Friday Ukrainian President Volodymyr Zelensky on the sidelines of the 32nd Arab Summit currently hosted by the Saudi City of Jeddah.During the meeting, His Highness the Crown Prince conveyed greetings of His Highness the Amir to the Ukrainian leader. The two sides discussed the...

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Saudi, Iran agreement brings optimism in region: Sheikh Mishal

JEDDAH: There is a sense of optimism following the breakthrough in relations witnessed among countries in the region including the recent agreement between Saudi Arabia and Iran, Kuwait's Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah said. However, this sense of optimism is mixed with concern due to the persisting challenges that the Arab World still faces, he added."Our meeting today comes amid accelerating developments surrounding our...

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Saudi Crown Prince says Arabs moving towards peace

JEDDAH: Saudi Crown Prince Mohammed bin Salman said during the inauguration of the 32nd Arab Summit that Arab countries are moving forward towards peace, cooperation and development to serve the Arab people's interests. "We won't allow for our region to become a square for conflicts," he said. "We turn over a new leaf after painful years of conflicts that caused struggle and delayed development."Prince Mohammed highlighted the untapped potential...

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In South Africa a 3-year-old reader stands out amid literacy 'crisis'

At three years old, a South African toddler reads better than 80 percent of the country's schoolchildren who are more than three times her age. Lethukuthula Bhengu, whose reading skills have already made her a TikTok star with nearly a million followers, was this year named the youngest African "kidfluencer" at an annual award held by US children's TV channel Nickelodeon."My favourite book is 'Tippie Likes to Romp'," the toddler told AFP, holding...

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US 'space symphony' puts stunning NASA images to music

It could be the ultimate blend of art and science -- a new seven-suite "space symphony" inspired and illustrated by NASA's latest mind-boggling images. The world premiere outside Washington last week of "Cosmic Cycles" showcased vivid imagery compiled by the US space agency alongside the first-ever public performance of the music.Henry Dehlinger, the symphony's American composer, describes it as "almost like a total artwork." "It's not just...

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King Charles greets royal fans as coronation buzz builds

King Charles III greeted the crowds outside Buckingham Palace on Friday on the eve of his coronation, with royal revellers cranking up the party atmosphere with fancy dress and inflatable crowns. Hundreds of tents have been pitched along The Mall, the tree-lined avenue leading to the palace, with hardcore royalists camping out to secure a prime viewing spot for the glittering processions to and from London's Westminster Abbey on Saturday.The...

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The big history of Albania's tiny Quran

The ritual is always the same. Mario Prushi carefully washes his hands and face before kissing and pressing one of the world's smallest Qurans to his forehead.For generations, the postage stamp-sized book has been passed down in his family -- surviving wars and one of the world's most fanatical "godless regimes".Scholars say it is one of the smallest Qurans on record, with the minuscule holy book held inside a silver case blackened with age."We...

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Worshippers spend night in prayer at Grand Mosque

By Shakir ReshamwalaKUWAIT: Thousands of worshippers spent the night of the 27th of Ramadan in prayer and supplication at the Grand Mosque early Tuesday. The attendees savored the atmosphere at the Grand Mosque, which reopened for nightly prayers after three years due to the COVID pandemic and maintenance works.Eight rakats of tahajjud were performed, followed by three rakats of witr. The first four rakats were led by Sheikh Fahad Al-Kandari, and...

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Luxury brands court Middle East with Ramadan collections

With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied Middle Eastern market with Ramadan capsule collections."You're about to be the best-dressed person at every iftar and suhoor that you attend," declared Cosmopolitan Middle East magazine earlier this month in a Ramadan fashion spread, referring to the meals before and after the daily fast during the Muslim holy...

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Search for alien life extends to Jupiter's icy moons

Could vast, long-hidden oceans be teeming with alien life in our very own Solar System? A new chapter in humanity's search for extraterrestrial life opens on Thursday as Europe's JUICE spacecraft blasts off on a mission to investigate the icy moons of Jupiter.First discovered by Italian astronomer Galileo Galilei more than 400 years ago, these ice-covered moons are so far from the Sun that they were long dismissed as possible candidates to host...

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Pakistan mega-mosque muezzin summons the faithful

Moments before dawn, Noor ul Islam ascends the steps of one of the world's biggest mosques, enters its cavernous hall and says a private prayer before a faintly buzzing microphone. Then, the 32-year-old gulps down a deep breath and makes the morning's call to worship -- a forceful yet lilting chant amplified across Islamabad, Pakistan's capital, marking the start of daylight fasting during Ramadan."The voice is a gift from God," Islam told AFP at...

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KUWAIT: Photo shows a view of Kuwait streets. There are numerous reasons why people may choose to reside in a particular location. These reasons can be influenced by personal preferences, lifestyle choices, opportunities, family considerations, and more. – Photos by Yasser Al-Zayyat

Why expats, Kuwaitis live in certain areas

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DUBAI: A car drives along a flooded street on May 2, 2024, as heavy rains returned to the United Arab Emirates. - AFP

Schools, offices shut as heavy rain returns to UAE

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French energy group TotalEnergies CEO Patrick Pouyanne attends a panel during the World Economic Forum Special Meeting in Riyadh on April 28, 2024. -- AFP

France to ‘fight’ TotalEnergies’ New York listing

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MEIZHOU, China: This photo taken on May 1, 2024 shows an aerial view of a collapsed section of a highway near Meizhou, in southern China’s Guangdong province. -- AFP

Death toll from south China road crash rises to 48

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Jacek Olczak

Philip Morris reports Q1 results, updates full year guidance