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NBK RISE: Advancing women’s empowerment in the region
KUWAIT: Since it was first introduced, “NBK RISE,” a women-led leadership global initiative aimed at empowering and supporting women leaders while fostering a supportive environment for their skill development and readiness for leadership roles, has achieved remarkable success and garnered significant attention in Kuwait and the region. The program has embraced the task of breaking down barriers and propelling the advancement of a culture of...
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UN risks widening rifts as Zelensky takes center-stage
UNITED NATIONS: More than 140 world leaders will head to the United Nations next week at a time of myriad crises, as a starring role for Ukraine’s leader may only highlight the growing global fragmentation.Ukrainian President Volodymyr Zelensky, who a year ago was obliged to appear virtually, will join leaders including President Joe Biden when the UN General Assembly formally opens Tuesday as he seeks to rally support against Russia’s bloody...
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Kim inspects key weapons with Russian defense chief
MOSCOW: North Korean leader Kim Jong Un met Saturday with the Russian defense minister in Vladivostok, where he inspected state-of-the-art weapons including a hypersonic missile system on the latest leg of a rare visit outside his country.Upon arriving in Vladivostok, a Pacific port city near the Chinese and North Korean borders, Kim was greeted by Defense Minister Sergei Shoigu and an honor guard. The pair were seen smiling as they inspected...
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US auto workers, companies face off on day two of strike
WAYNE, US: Workers and management from the iconic “Big Three” auto giants were to face off at the negotiating table on the second day of a strike threatening to disrupt the economy and rock the 2024 presidential election campaign. After a failed last-minute push by General Motors, Ford and Stellantis to produce an agreement before the deadline late Thursday, United Automobile Workers members walked out Friday.They appeared determined to stick...
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Spain football crisis deepens
MADRID: The crisis within Spanish football deepened Friday as the women’s World Cup winners demanded more heads roll at its scandal-hit RFEF federation whose disgraced ex-boss appeared in court on sexual assault charges. Just hours after Luis Rubiales was quizzed by a judge for kissing midfielder Jenni Hermoso, all but two of Spain’s 23 World Cup players said they would not don the national shirt without deeper changes within the RFEF,...
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Djokovic powers Serbia into Davis Cup quarters
PARIS: Novak Djokovic returned to the court just five days after his historic US Open title triumph to lead Serbia into the Davis Cup quarter-finals on Friday, while Andy Murray helped Britain edge past Switzerland. World number one Djokovic eased to a 6-3, 6-4 success against Alejandro Davidovich Fokina to give his country an unassailable 2-0 lead in Valencia after Laslo Djere’s earlier 6-4, 6-4 win over Albert Ramos-Vinolas. It was...
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Hopes fade for survivors in Libya
DERNA, Libya: Shipments of international aid began to arrive in Libya on Saturday, offering a lifeline to thousands despite dwindling hopes of finding more survivors days after deadly flash floods. Sunday’s floods submerged the port city of Derna, washing thousands of people and homes out to sea after two upstream dams burst under the pressure of torrential rains triggered by a hurricane-strength storm.Conflicting death tolls have been...
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Fitch affirms Kuwait at ‘AA-‘; outlook stable
LONDON: Fitch Ratings has affirmed Kuwait’s long-term foreign-currency issuer default rating (IDR) at ‘AA-‘ with a stable outlook. Key rating driversFundamental rating strengths and weaknesses: Kuwait’s ‘AA-‘ rating balances its exceptionally strong fiscal and external balance sheets against a political context that makes fiscal consolidation and other reforms difficult, evidenced by the absence of meaningful fiscal adjustment...
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London celebrates its ‘fearless’ young fashion designers
The story of how British designer Lee Alexander McQueen’s legendary first “Taxi Driver” collection was lost after he showed it on a clothes rack at the Ritz Hotel is told in a new exhibition in London. The late McQueen — who used the name Alexander McQueen professionally — was going nightclubbing after the presentation and couldn’t afford to put the clothes in left luggage. Instead, the prodigiously talented young designer stuffed the...
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Hugh Jackman and wife separating
“Wolverine” star Hugh Jackman and his wife of 27 years are to separate, a statement carried by US media said Friday. The Australian actor, 54, met fellow performer Deborra-Lee Jackman on the set of an Australian TV series in 1995, and the pair wed a year later. “We have been blessed to share almost (three) decades together as husband and wife in a wonderful, loving marriage,” a joint statement first reported by People magazine said....
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Heat brings hope for Tokyo’s handmade umbrella maker
One of Tokyo’s last handmade umbrella shops has weathered many storms and is now thriving thanks to booming demand for parasols as Japanese summers get hotter, including increasingly from men. “You’ll feel cool under a parasol... Once you use it, you can’t let go,” promised Hiroyuki Komiya, the owner of Komiya Shoten, on a recent sweltering day.The 54-year-old’s grandfather started the business 93 years ago. It used to be one of 70...
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ABK to offer 500m shares to raise capital by 26.7%
KUWAIT: Al-Ahli Bank of Kuwait (ABK) announced its readiness to initiate the subscription process to its capital increase by offering 500 million shares at a value of KD 100 million, following the approvals obtained from regulating authorities. Through the capital increase, ABK aims to strengthen its capital base in line with the requirements of the Central Bank of Kuwait and the Basel III accord capital adequacy requirements. Proceeds from the...
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Amir’s visit to Turkey
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RAMALLAH: Kuwaiti Ambassador Hamad Al-Marri submits his credentials to Palestinian President Mahmoud Abbas on May 5, 2024. – KUNA
Kuwait’s support for Palestine hailed
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KIRYAT SHMONA: People look at a damaged car at a site hit by rockets fired from southern Lebanon near the Lebanese border on May 5, 2024. - AFP
Hezb hits Zionist entity after fatal Lebanon strike
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Chief delegates to the 15th Islamic Summit of the Organization of Islamic Cooperation pose for a group photo. – KUNA photos
GCC seeks Islamic cooperation
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Dr. Nashat Nassar
KFAS honors Arab researchers with Kuwait Prize