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ALGIERS: Algeria has for decades subsidized everything from bread and milk to fuel and electricity.-AFPn

Algeria's poor fret over plan to slash subsidies on basic goods

ALGIERS: Algeria has for decades subsidized everything from bread and milk to fuel and electricity.-AFPALGIERS: Algeria plans to scrap its generous state subsidies on basic goods that have long helped maintain social peace but strained state budgets as energy revenues have fallen. Many economists support the plan as a necessary evil, as long as the neediest are protected, but some poor families are fearful about the impact.The North African...

ANNAPOLIS, US: The price of gas is seen as traffic moves through Annapolis, MD, on Tuesday.-AFPnn

Oil majors 'pocketing the difference' as gas prices surge: Biden

ANNAPOLIS, US: The price of gas is seen as traffic moves through Annapolis, MD, on Tuesday.-AFPWASHINGTON: Oil majors have raised gasoline prices for the sake of their own profits, US President Joe Biden said Tuesday as his administration looked for ways to lower prices at pumps nationwide at the beginning of the holiday travel season. The White House has upped the pressure on oil markets amid a spike in energy prices that has driven overall US...

TEXAS CITY: An oil refinery on Galveston Bay in Texas City, Texas. - AFPn

Biden dives into US oil reserves to soothe Americans on inflation

TEXAS CITY: An oil refinery on Galveston Bay in Texas City, Texas. - AFPWASHINGTON: President Joe Biden tapped the US strategic oil reserves in a bid to reassure Americans angry about inflation and goods shortages as they head off to Thanksgiving-and to buoy up his sinking poll ratings. Facing growing discontent around the country over inflation and especially the soaring price of fuel in filling stations, Biden on Tuesday announced a...

(From right): Isam Al-Sager, Muthana Al-Hamad, Shaikha Al-Bahar and Haitham Al-Khaledn

NBK launches 'Weyay,' the first digital bank in Kuwait

(From right): Isam Al-Sager, Muthana Al-Hamad, Shaikha Al-Bahar and Haitham Al-KhaledKUWAIT: National Bank of Kuwait announced the launch of "Weyay", the first fully digital bank in Kuwait, made in Kuwait for the youth of the country. "Weyay" was launched in an inauguration ceremony attended by a number of board members, as well as Isam Al-Sager, NBK Group CEO, Shaikha Al-Bahar, NBK Group Deputy CEO, Salah Al-Fulaij, CEO of NBK - Kuwait,...

Orange's board will decide the future of CEO Stephane Richard following his conviction. - AFPn

Orange boss gets suspended sentence over Tapie payout

Orange's board will decide the future of CEO Stephane Richard following his conviction. - AFPPARIS: An appeal court yesterday handed the CEO of France's Orange telecoms giant Stephane Richard a one-year suspended sentence for complicity in misuse of public funds over a massive 2008 state payout to businessman Bernard Tapie. Richard was chief of staff to then finance minister and current European Central Bank chief Christine Lagarde when she...

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Diabetes program trainees celebrate graduation at Volvo Cars headquarters

KUWAIT: Through the celebration of World Diabetes Day in November, the first batch of graduates from the Dr Hamdy's program for weight loss, prevention and management of diabetes celebrated their graduation at Volvo Cars headquarters, one of the program's sponsors. The graduation was held under the auspices and presence of Dr Ebaa Al-Azairi, Head of the Medical Sector at Dasman Diabetes Institute, who gave her opening speech.Prof Dr Osama Hamdy,...

RIYADH: Hilal's players celebrate with the trophy after winning the AFC Champions League final football match against South Korea's Pohang Steelers yesterday. — AFP photos

Al Hilal win Asian Champions League for record fourth time

RIYADH: Hilal's players celebrate with the trophy after winning the AFC Champions League final football match against South Korea's Pohang Steelers yesterday. — AFP photosRIYADH: Saudi giants Al Hilal won the Asian Champions League with a 2-0 victory over South Korea's Pohang Steelers in the final yesterday. Both teams were aiming for an unprecedented fourth title but it was the hosts who made history with Nasser Al-Dawsari and Moussa Marega...

KUWAIT: Photo shows Sheikh Jaber Al-Ahmad Al-Sabah Causeway Bridge. Kuwait is seeking to attract regional and foreign capital to invest in its economic development projects through its ‘Vision 2035’. nn

Kuwait seeks to attract regional, foreign capital

KUWAIT: Photo shows Sheikh Jaber Al-Ahmad Al-Sabah Causeway Bridge. Kuwait is seeking to attract regional and foreign capital to invest in its economic development projects through its ‘Vision 2035’.KUWAIT: Kuwait is seeking to attract regional and foreign capital to invest in its economic development projects through its 'Vision 2035'. Part of the vision is the development of Sheikh Jaber Al-Ahmad Al-Sabah Causeway's southern and northern...

KUWAIT: Faisal Al-Fozan (center) receives the Energy Globe Award from Austrian Ambassador Marian Alexander Wrba (right) and Caroline Adenberger, Austrian Trade Commissioner for Qatar and Kuwait. ? Photo by Yasser Al-Zayyatn

Energy Globe Award goes to Kuwait's Faisal Al-Fozan

KUWAIT: Faisal Al-Fozan (center) receives the Energy Globe Award from Austrian Ambassador Marian Alexander Wrba (right) and Caroline Adenberger, Austrian Trade Commissioner for Qatar and Kuwait. - Photo by Yasser Al-ZayyatBy Ben GarciaKUWAIT: The Energy Globe Award was given to 17-year-old Faisal Al-Fozan of Kuwait, for his exemplary work on the project 'LOOP'. The award was handed over to him by the Embassy of Austria at the ambassador's...

The winning photo 'Arabian Red Fox'.nnn

Kuwait's Murad wins first prize in nature photography contest in India

Kuwaiti photographer Mohammad MuradNEW DELHI: Kuwaiti photographer Mohammad Murad won the first prize in a nature photography contest on Monday, held in India with global participations. In a statement to the press, Murad said that he believes he is the first Kuwaiti or perhaps the first Arab photographer to win the first prize in India's Nature inFocus Photography Contest.He said that the photo of the Arabian Red Fox which earned the first...

DOHA: Participants in the conference pose for a group photo.n

Kuwaiti activist talks diversifying economy at Doha conference

DOHA: Participants in the conference pose for a group photo.DOHA: The Arab Center for Research and Policy Studies organized a conference titled "Economic Diversification in the Gulf Countries: Opportunities and Challenges" in Doha, Qatar recently, in partnership with the Konrad Adenauer Foundation and the Doha Institute for Graduate Studies.Asrar Hayat, Kuwait Transparency Society's board member and social activist, participated in the event,...

DUBAI: Kuwait Chamber of Commerce and Industry Chairman Mohammad Al-Saqer (center) participates in the conference. - KUNAn

KCCI participates in world chambers' conference in Dubai

DUBAI: Kuwait Chamber of Commerce and Industry Chairman Mohammad Al-Saqer (center) participates in the conference. - KUNADUBAI: Kuwait Chamber of Commerce and Industry (KCCI) Chairman Mohammad Al-Saqer said the 12th World Trade Chambers Conference (12WCC), held yesterday in Dubai, is an ideal platform to discuss the challenges and opportunities facing the world trade congress. This came after the inaugural session of the conference, which was...

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Kuwait Integrated Petroleum Industries Company (KIPIC)

Massive fuel shortage forces electricity cuts in Kuwait

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JAHRA: Part of the Al-Shagaya Concentrated Solar Power Project is seen in this photo taken from the Kuwait Institute for Scientific Research website.

KAPP shortlists companies for Dabdeba, Shagaya

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EL KFOUR: Lebanon: People inspect the damage to a building after a Zionist airstrike in the southern town of Kfour, in the Nabatiyeh district, on August 17, 2024, amid the ongoing cross-border clashes between Zionist troops and Hezbollah fighters. – AFP

Hezbollah reveals its military muscle

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KUWAIT: His Excellency the Deputy Prime Minister and Minister of Oil Dr Imad Mohamed Al-Ateeqi (center) is greeted by Prime Minister His Highness Sheikh Ahmad Al-Abdullah Al-Hamad Al-Sabah (second right) and other officials. — KUNA

Oil minister returns to Kuwait after treatment in Turkey

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VIENNA: Ambassador to Austria in Vienna Talal Al-Fassam is seen during his visit to the Austrian company. — KUNA

Kuwait explores renewable energy solutions in Vienna