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Iran leader favours strengthening 'long term-cooperation' with Russia
Tehran: Iran's supreme leader Ayatollah Ali Khamenei on Tuesday called for strengthening "long-term cooperation" with Russia in a meeting with President Vladimir Putin, a statement said."The long-term cooperation between Iran and Russia is deeply beneficial to both countries," he said, according to a statement on his official website, which also noted that both countries are under Western sanctions."There are many understandings and contracts...
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EU proposes to unblock Russian bank funds to boost food trade
Brussels: The EU is preparing to carve out exceptions in its tough sanctions against Moscow that would unblock assets at Russian banks linked to trade in food and fertiliser, a document showed on Tuesday.Member countries "want to make it abundantly clear that there is nothing in the sanctions that is slowing the transport of grain out of Russia or Ukraine," an EU diplomat told AFP on condition of anonymity.
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Putin lands in Tehran for Syria summit with Iran and Turkey
Tehran: Russian President Vladimir Putin arrived in Tehran on Tuesday, state television said, for a summit with his Iranian and Turkish counterparts on Syrian that has been overshadowed by Russia's war on Ukraine.Putin travelled abroad for only the second time since he ordered the invasion of Ukraine on February 24 in order to attend the trilateral meeting in the Iranian capital.
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Kuwait expresses sorrow over bus accident victims in southern Egypt
KUWAIT: His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah extended his deepest condolences on Tuesday over the victims of a bus crash near the Egyptian city of Minya, which left scores of people either dead or injured. His Highness the Amir expressed his commiserations in a cable he sent to Egyptian President Abdelfattah Al-Sisi, in which he wished a swift recovery for those wounded in the tragic incident. His Highness the Crown...
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Annual inflation up to 9.6 pct in EU in June
Brussels: The European Union's (EU) annual inflation was 9.6 percent in June, up from 8.8 percent in May, compared to 2.2 percent last year.Eurostat, the EU's statistical office, published these figures Tuesday.The euro area's annual inflation rate was 8.6 percent in June, up from 8.1 percent in May. A year earlier, the rate was 1.9 percent.In June, the highest contribution to the annual euro area inflation rate came from energy, followed by...
His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah
Kuwait Crown Prince receives Sheikh Nasser Al-Mohammad Al-Sabah
Kuwait: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received on Tuesday at Bayan Palace His Highness Sheikh Nasser Al-Mohammad Al-Sabah.
Zain H&S Store Summer Internship Program 2022
Zain kicks-off H&S Store Summer Internship Program
Kuwait: Zain, the leading digital service provider in Kuwait, announced the launch of the third edition of the H&S Store Summer Internship Program. The initiative allows 35 students to develop various valuable business and technical skills for a month and a half during the summer season.Zain extends its partnership with this unique program in line with its Corporate Sustainability and Social Responsibility Strategy, which closely focuses on the...
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Euro jumps 1% against dollar awaiting ECB rate hike
London: The euro jumped more than one percent against the dollar Tuesday, as traders mull whether the European Central Bank could hike interest rates by more than expected to fight runaway inflation.The European single currency, which last week dropped to parity against the US unit, rallied 1.1 percent to $1.0253 ahead of an ECB meeting scheduled for Thursday.
European union flag
EU opens membership talks with Albania and North Macedonia
Brussels: The European Union launched membership negotiations on Tuesday with Albania and North Macedonia -- a long-delayed step towards joining the bloc.European Commission president Ursula von der Leyen warmly congratulated prime ministers Edi Rama of Albania and Dimitar Kovacevski of Macedonia."This is what your citizens have been waiting for for so long and have been working for so hard, and this is what they deserve," she said.
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Kuwait oil price up USD 4.26 to USD 108.79 pb
Kuwait: The price of Kuwaiti oil went up by USD 4.26 to USD 108.79 per barrel as opposed to USD 104.53 pb the day before, said the Kuwait Petroleum Corporation (KPC) Tuesday.Globally, the Brent crude went up by USD 5.11 to USD 106.27 pb, the same occurred with the West Texas Intermediate, which went up by USD 5.01 to USD 102.60 pb.
United Kingdom Ambassador to Kuwait Belinda Lewis
UK Ambassador to Kuwait affirms visa waiver signifies firm relations
KUWAIT: United Kingdom Ambassador to Kuwait Belinda Lewis stated on Monday that exempting Kuwaiti nationals from entrance visas and swapping it with an online travel permit next year highlights the firm relations tying the two countries and bolsters such ties. In an interview with Kuwait News Agency (KUNA), Ambassador Lewis added that issuing the online travel permit will only take a few minutes and would be valid for a couple of years, and for...
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Kuwait funded $1.6 billion worth of global water security projects: Envoy
Kuala Lumpur: Kuwait has contributed immensely towards the improvement of water security around the world, its ambassador to Malaysia said on Monday, citing $1.6 billion worth of water-related projects his country had funded. A number of Kuwait-based institutions had financed some 100 development projects aiming to remedy the problem of water scarcity plaguing many impoverished countries, Dr Hamad Burahma told a university seminar in the...