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Boursa Kuwait continues its award-winning streak after being recognized by Pan Finance
Kuwait: Boursa Kuwait was awarded Sustainable Stock Exchange of the Year in the Middle East by Pan Finance Magazine, a print and online journal providing worldwide intelligence on finance, economics, and global commerce.The Pan Finance team announced the nomination on their website, commending Boursa Kuwait’s commitment to corporate sustainability for the company itself as well as the wider Kuwaiti capital market and its participants. The...
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OPEC chief Barkindo dies at 63: Nigerian oil giant
Vienna: The Secretary General of the OPEC oil cartel, Nigeria's Mohammed Barkindo, has died unexpectedly at the age of 63, the Nigerian National Petroleum Corporation said on Wednesday."We lost our esteemed Dr Muhammad Sanusi Barkindo. He died at about 11pm yesterday 5th July 2022," NNPC's chief executive Mele Kyari tweeted, without providing any further details about the circumstances of Barkindo's death, only a few hours after the head of the...
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Kuwait oil price up by USD 2.60 to USD 117.16 pb
Kuwait: The price of Kuwaiti oil went up by USD 2.60 to USD 117.16 per barrel on Tuesday, compared with USD 114.56 pb a day earlier, said the Kuwait Petroleum Corporation (KPC) on Wednesday.The price of the Brent crude at the global market plummeted by USD 10.73 to USD 102.77 per barrel, the same with the West Texas Intermediate, which fell by USD 8.93 to USD 99.50 pb.
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World number two Ons Jabeur into Wimbledon semi-finals
London: World number two Ons Jabeur battled back from a set down on Tuesday to beat Marie Bouzkova and set up a Wimbledon semi-final against unseeded Tatjana Maria.The Tunisian was broken twice as she lost the first set but lost only two games after that to power to a 3-6, 6-1, 6-1 win in a match lasting one hour and 47 minutes.
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UK finance, health ministers resign in protest at Johnson's leadership
London: Britain's health and finance ministers resigned on Tuesday in protest at Prime Minister Boris Johnson's leadership."I have spoken to the Prime Minister to tender my resignation as Secretary of State for Health & Social Care," Minister Sajid Javid said on Twitter."It has been an enormous privilege to serve in this role, but I regret that I can no longer continue in good conscience," he added.British Finance Minister Rishi Sunak, for his...
Kuwaiti medical team conducted a small operation on a Syrian migrant in northern Lebanon
Kuwait-based charity organizes Syrian migrant medical camp
Bierut: The Kuwait-based Global Charity Association for Development "Tanmeia" has set up a medical camp in Tripoli, northern Lebanon to conduct small operations for Syrian migrants and needy Lebanese there.Delegation chief Hussain Al-Saeed told KUNA that the operation began implementation on June 29th through Kuwait Airways and help from the Kuwaiti embassy, in association with Lebanon's Grass Association. In the past days, medical procedures and...
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Kuwait, Iran sign agreement to combat sandstorms
KUWAIT: Kuwait's Environment Public Authority signed an agreement with Iran's Department of Environment to cooperate on combating sand and dust storms affecting the region and find appropriate solutions. Director General of EPA Sheikh Abdullah Ahmad Al-Sabah said the cooperation agreement is directed at finding the source of the sand and dust storms in the region.Sheikh Abdullah explained in his statement that these storms originate far from the...
Central Statistical Bureau
Kuwait's CSB: Consumer Prices Index up 4.52 pct in May 2022
Kuwait: Consumers Price Index (CPI) increased in Kuwait by 4.52 percent in May 2022 on annual basis compared with the same period in 2021, said the Central Statistical Bureau (CSB) on Tuesday.In a statement for KUNA, the CSB revealed that the CPI increased monthly to 124.8 by 0.16 percent, because of high prices of major groups in the movement of the indices.The statement provided the annual price movement for May 2022, saying that Food and...
Al Roumi with Al Gharabally and Al Musaibeeh at Zain’s booth
Zain sponsors Kuwait University career fair
Kuwait: Zain, the leading digital service provider in Kuwait, announced its main sponsorship of Kuwait University’s Human Capital Investment Exhibition and Career Fair. The event is organized by the Deanship of Admissions and Registration until 7 July at the main campus in Shuwaikh under the patronage of Kuwait University Director Dr. Yousef Al Roumi.Zain took part in the event’s inauguration ceremony, attended by Kuwait University Director...
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Kuwait Fire Force, a symbol of dedication, sacrifice
KUWAIT: The Kuwait Fire Force (KFF) and its members have become a symbol of sacrifice and dedication through efforts to protect lives and fend off dangers. No matter what the situation was whether a ferocious fire or a horrific car accident, KFF teams came to the rescue of people from all backgrounds and walks of life. Locally, the KFF have been very active in stopping fires and dealing with accidents, earning appreciation from the masses....
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Kuwait expresses sympathies, condolences to US on shooting in Chicago
Kuwait: Kuwaiti Ministry of Foreign Affairs expressed its sympathies and solidarity to the United States following arbitrary shooting incident in Chicago, which killed and injured a number of people.The State of Kuwait gave its sincere condolences to the government and people of the US and to the families of the victims, wishing those injured a swift recovery.
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Kuwait oil price up by USD 2.05 to USD 114.56 pb
Kuwait: The price of Kuwaiti oil went up USD 2.05 to USD 114.56 per barrel on Monday as oppose to USD 112.51 pb the previous day, said the Kuwait Petroleum Corporation (KPC) Tuesday.The price of the Brent crude at the global market rose USD 2.26 to USD 113.89 per barrel, the same with the West Texas Intermediate, which climbed by USD 2.20 to USD 110.63 pb.