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Latest News
Trade, commerce key pillars of strong Kuwait-India ties: Modi
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Muslim leaders gather in Cairo
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Canada becoming the 51st US state would be ‘great idea’, Trump jokes
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Zionist demolitions rip through Palestinian area of Jerusalem
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Xi hails Macau ‘world-recognized success’
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Trade, commerce key pillars of strong Kuwait-India ties: Modi
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Muslim leaders gather in Cairo
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Canada becoming the 51st US state would be ‘great idea’, Trump jokes
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Zionist demolitions rip through Palestinian area of Jerusalem
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Xi hails Macau ‘world-recognized success’
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Qatari businesswoman sparkles at Doha show
A Qatari businesswoman has turned heads at the Doha Jewellery and Watches Exhibition, pitting herself against giants of the industry while also bucking trends in the conservative country. Noora al-Ansari - a Qatari woman running her own company and dealing with customers herself - is a rarity in the wealthy Gulf state, where a growing number of women work but few have made their name in business. Since opening her first Papillon store in the...
G7 mulls new Russia sanctions
KYIV: G7 ministers on Thursday discussed imposing fresh sanctions on Russia on the eve of the first anniversary of Moscow’s invasion of Ukraine, as the UN General Assembly prepared to vote on a motion calling for “lasting” peace.The year-long conflict has devastated swathes of Ukraine, turned Russia into a pariah in the West and according to Western sources, has caused 150,000 casualties on each side. The approach of the first anniversary...
Hong Kong exchange reports IPO drought in 2022 as profits slide
HONG KONG: Hong Kong’s stock exchange last year saw the fewest new listings in more than a decade, it said Thursday as the city struggles to emerge from pandemic isolation and kickstart an economic recovery. Hong Kong Exchanges and Clearing (HKEX) reported 90 initial public offerings during 2022, raking in HK$104.6 billion ($13.3 billion), a fall of almost 70 percent from the previous year.Before the pandemic, Hong Kong’s bourse was often...
Tight financing conditions challenge frontier markets’ credit strength
WASHINGTON: Recent improvement in financing conditions is positive for many emerging market (EM) issuers, with inflation, yields and spreads all somewhat lower since November 2022. Nevertheless, hopes for rate cuts in the US (Aaa stable) in the near term are likely misplaced, while China’s (A1 stable) rebound will not provide the same broad-based benefits as in previous cycles. Financing conditions will remain tight, with frontier economies...
Kandinsky work among masterpieces at London auction
A newly restored masterpiece by Wassily Kandinsky, “Murnau Mit Kirche II”, will be auctioned in London on March 1, alongside a Munch and a Kupka once owned by Sean Connery. Valued at $45 million (42 million euros), the 1910 Kandinsky painting heralded the Russian master’s move towards abstraction. Measuring around one meter (three feet) by one meter, it offers a colorful vision of the German village of Murnau, with its pointed roofs and...
Homo sapiens in Europe used bow-and-arrow 54,000 years ago
A cave in southern France has revealed evidence of the first use of bows and arrows in Europe by modern humans some 54,000 years ago, far earlier than previously known. The research, published on Wednesday in the journal Science Advances, pushes back the age of archery in Europe by more than 40,000 years.The use of the bow-and-arrow in Africa has been documented to date back some 70,000 years. But the oldest previous evidence of archery in Europe...
Six Nations sigh of relief as Wales-England to go ahead
CARDIFF: Wales playing England at home is one of the stand-out fixtures of the Six Nations, a fierce rivalry between neighbors that sees thousands fill Cardiff for a day of rugby, drinks and cheer. Past matches have etched some of the most iconic moments in rugby history in both countries, a centuries-old ritual that has evoked high emotion since the initial game back in 1881.In his autobiography “Number Nine Dream”, ex-Wales scrum-half Rob...
Somaliland clashes kill at least 96 in two weeks: Hospital
MOGADISHU: At least 96 people have been killed in more than two weeks of clashes between security forces and clan members in the breakaway Somali region of Somaliland, a hospital director said Thursday. “We have 96 dead and 560 wounded,” Ahmed Mohamed Hassan, director of the main hospital in the contested town of Las Anod, told AFP by telephone.Garaad Jama Garaad Ali, a senior clan chief, had said on Wednesday that 150 people had been killed...
Lake Garda tourists flock to island reconnected by drought
On foot or by bike, visitors stream across the narrow path connecting the small island to the edge of Lake Garda, a symbol of the winter drought hitting northern Italy. Dotted with cypresses and rocky white beaches, San Biagio island was in the past only accessible by boat. But historically low waters on the lake have revealed a sand and stone causeway-and tourists are flocking to the site.“It’s a beautiful sight, but sad at the same time,...
When men won’t ‘get dirty’, Nicaraguan women dig for cockles
From a young age, Elena Martinez and other female residents of Aserradores, a small fishing community in eastern Nicaragua, learn to navigate the dense mangrove forest to extract a black mollusc from deep under the mud. Every few days, they leave home at dawn to row about two kilometers (1.2 miles) in a fishing boat to the mangroves, where they crawl through gnarly branches knee-deep in mud, digging for the delicacy by hand.While keeping food on...
Isa Cultural Center offers unique journey into Bahrain’s past, present
Isa Cultural Center (ICC) takes visitors on a journey featuring Kingdom of Bahrain’s past and present while also highlighting future aspirations. ICC is a unique architectural edifice of its kind, combining originality of traditional architecture and sophisticated technology. The ICC, named after the late Amir Sheikh Isa Al-Khalifa, is one of Bahrain’s leading cultural institutions that offered services in intellectual, cultural and...
BNK Padel Open tournament places Kuwait on global map
Bader Al-Kharafi is flanked by padel players Ahmed Rabeaa, Aziz Mayoof and Paquito NavarroBader Al-Kharafi (center) and his son Nasser with Abdullah Bouftin and his sons Abdulrahman and AhmedBader Al-Kharafi (center) with member of the board of Kuwait Olympic Committee Fatma Hayat, member of Padel Union Ali Hayat and Kuwaiti players Mariam Sarraj and Dana Al-FulaijBader Al-Kharafi (right) and Chairperson of the women's sports committee and member...
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Modi on landmark visit to Kuwait, hails Indian expats’ contributions
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Kuwaiti doctor performs region’s first remote robotic prostatectomy
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Amir launches Khaleeji Zain 26
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Burgan Bank Receives CBK’s Approval to Acquire 100% Stake in Bahrain’s United Gulf Bank
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Gulf Bank launches Kuwait’s fastest and most comprehensive rewards program