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Equestrian Clubremove encroachments
KUWAIT: Secretary General of Farwaniya Equestrian Club Fahad Al-Daihani lauded the joint committee for removing encroachments, through responding to the club’s call to remove some violations and encroachments in pins belonging to the club.He said we laud this step that shows cooperation between government and private entities, hoping that such violations are not repeated, which the club nor the committee accept.Al-Daihani added “what we see...
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BRICS nations eye global geopolitical shift
JOHANNESBURG: Leaders of the BRICS emerging economies, which account for about a quarter of the world’s wealth, meet in Johannesburg this week looking to widen the bloc’s influence and push for a shift in global geopolitics. South Africa’s Cyril Ramaphosa is expected to host China’s President Xi Jinping, India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inacio Lula da Silva for the annual three-day summit starting on...
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US dollar gains amid safe haven demand; China data fuels fears
KUWAIT: The latest month–on-month retail sales reading came at 0.7 percent, significantly higher than the previous reading of 0.3 percent, and well above the forecasted 0.4 percent. The core retail sales index also soared to 1.0 percent from 0.2 percent previously, with both readings at their highest levels since January. This indicates that high wages from the ever so tight labor market have kept demand high despite the vicious interest rate...
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Gulf Bank sponsors Influencer program organized by LOYAC
KUWAIT: As part of its efforts in consolidating the principles of social sustainability, and its continuous support for youth, Gulf Bank concluded its sponsorship of The Influencer program, organized by LOYAC Academy of Performing Arts (LAPA) – an affiliate of the non-profit organization LOYAC. The program aims to provide distinguished training opportunities that help empower young people with mass communication skills, in order to qualify them...
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Japanese turn to wearable tech to beat the heat
Selling jackets with built-in fans, neck coolers and T-shirts that feel cold, Japanese firms are tapping into a growing market for products to help people handle the summer heat. Japan—like other countries—is seeing ever-hotter summers. This July was the warmest in 100 years, with at least 53 people dying of heatstroke and almost 50,000 needing emergency medical attention. Workman, which makes clothes for construction workers, launched a...
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Taiwan’s antique jade dealers see trade losing lustre
Tracing a palm-sized jade pig resting on its haunches, an antique trader in Taiwan said the ears on the nearly 400-year-old piece are a marker of its authenticity. “The folds in the pig’s ears show the handiwork, the ancient handicraft” of the Ming dynasty (1368-1644), said the 60-year-old trader, who would only provide his last name as Lee. “It takes very careful carving. If it were duplicates, they wouldn’t make it that delicate and...
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Iranian FM preaches unity, dialogue during Saudi trip
RIYADH: Iran's top diplomat preached unity and dialogue during a visit to Saudi Arabia on Thursday, his first since the two Middle East rivals announced a surprise rapprochement in March. Hossein Amir-Abdollahian also took the opportunity to reiterate the Islamic republic's support for the Palestinian cause at a time when Riyadh is in discussions with the United States about potentially normalizing ties with Israel. Ties between Sunni-majority...
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Government urged to diversify Kuwait economy
By B IzzakKUWAIT: MP Hasan Jowhar on Thursday asked Prime Minister Sheikh Ahmad Al-Nawaf Al-Sabah on the reasons for the delay in establishing the Public Warehouse and Border Crossings company 15 years after the law was passed by the National Assembly. Jowhar said that based on the latest budget, oil income is estimated at KD 17 billion while wages and salaries are projected at KD 15 billon, or 90 percent of total oil revenues. He said that for...
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Kuwait’s new envoy to UAE submits credentials
ABU DHABI: Kuwait’s new ambassador to the United Arab Emirates (UAE) Jamal Al-Ghunaim on Wednesday submitted a copy of his credentials to President Sheikh Mohammad bin Zayed Al-Nahyan, citing the proximity shared between the Gulf Arab countries.History is dotted with incidents that served as a testament to the amity between Kuwait and Abu Dhabi, the ambassador said amid a ceremony to usher him into his new post, underlining his commitment to...
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Weather changes, scattered clouds, drizzles expected
KUWAIT: The weather in Kuwait will be hot and humid over the weekend, particularly in seaside regions, Director General of the meteorological department Abdulaziz Al- Qarawi said on Thursday. The seasonal Indian depression continues to weigh in, coupled with hot and humid winds, along with scattered clouds and drizzles. Today’s heat will be maximum 45 degrees and drops to 31- 34 degrees at night.On Friday, the highest temperature will range...
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Land force holds lecture
KUWAIT: The Kuwaiti Army Land Force on Thursday organized a lecture entitled ‘The Art of Leadership’. The lecture was delivered by the commander of the force, Major General Mohammed Al-Suwait, with the participation of the commander of the ground forces of the US Central Command, Lieutenant General Patrick Frank.The Ministry of Defense said in a press release that the lecture is aimed at exchanging field and administrative experiences and...
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Kuwait pearls diving season end in style
By Majd OthmanKUWAIT: Under the patronage of his Highness the Amir of Kuwait Shaikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and in the presence of Minister of Commerce and Industry and Minister of State for Youth Affairs Mohammad Al-Aiban, the Ambassador of the United Kingdom Belinda Lewis and Chairman of Board of Directors of Kuwait Sea Sport Club Major General Fahad Al-Fahad, the Sea Club on Thursday concluded the ceremony of "Al-Qafal", marking the...
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KUWAIT: Minister of Public Works Noura Al-Mashaan and a Chinese delegation visit the site of the Mubarak Al-Kabeer Port project on Boubyan Island on Aug 31, 2024. – KUNA
Minister, Chinese delegation visit Mubarak Port
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Guests and dignitaries gather at Marina Hotel to celebrate the 102nd anniversary of Turkey's Victory Day.
Kuwait-Turkey defense partnership bolsters regional peace and security
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27% of expat workers domestics
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Kuwait Times Summer Program students pose for a group photo with Kuwait Times/Kuwait News and Gulf Bank teams. - Photos by Yasser Al-Zayyat
Gulf Bank and Kuwait Times successfully conclude 3rd edition of Summer Program
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TRIPOLI: Libya's Central Bank headquarters in Tripoli. -- AFP
Libya central bank head flees country over ‘threats’