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How husseiniyas commemorate the 10th of Muharram in Kuwait
By Ghadeer GhloumKUWAIT: The Islamic month of Muharram holds great significance for Muslims worldwide. Among the various events during this month, the commemoration of the 10th day of Muharram, known as Ashoura, stands out as an important event. For Shiite Muslims, the significance of Ashoura stems from the tragic events in which Imam Hussain, the grandson of Prophet Muhammad (PBUH), along with his family and followers, faced betrayal and...
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Government, civil society should team up to motivate entrepreneurs: Official
KUWAIT: Director General of the National Fund for Small and Medium Enterprise Development, Adel Al-Hasawi, stressed on Wednesday the need for government agencies to cooperate with civil society to motivate entrepreneurs and encourage national cadres to start their own businesses.Hasawi said in a statement to the Kuwait News Agency (KUNA) Tuesday on the sidelines of the signing of a memorandum of understanding between the fund and the Federation...
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Ahli bank holds annual bowling tournament
KUWAIT: Al Ahli Bank of Kuwait (ABK) recently organized its annual staff bowling tournament, demonstrating its commitment to fostering strong relationships among employees and promoting the importance of sports for maintaining good health. The annual bowling tournament, which witnessed healthy competition amongst staff members, included the participation of 19 teams, each consisting of three players, where first and second-place winners received...
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Spain and Japan book last 16
AUCKLAND: Rampant title contenders Spain and former champions Japan became the first teams to reach the Women’s World Cup last 16 on Wednesday as both won with ease. Two-time Ballon d’Or winner Alexia Putellas started for Spain following her serious knee injury and played her part in a 5-0 demolition of Zambia. Japan had been on the brink of reaching the knockout rounds following their 2-0 win over Costa Rica earlier in the day and the Spain...
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Richarlison’s hat-trick seals Tottenham win in Singapore
SINGAPORE: Brazilian striker Richarlison scored three second-half goals as Tottenham Hotspur came from behind to beat local side Lion City Sailors 5-1 in a pre-season friendly at Singapore's National Stadium on Wednesday. The Sailors took a surprise lead through Shawal Anuar after 14 minutes but the Premier League side got back on level terms through a Harry Kane penalty with the final kick of the first half. Richarlison came on at half-time and...
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LeBron’ son stable after suffering cardiac arrest
LOS ANGELES: Bronny James, the eldest son of NBA superstar LeBron James, is in a stable condition after suffering a cardiac arrest during a practice with his college basketball team, the James family said on Tuesday. Bronny James, 18, collapsed on court while training with his University of Southern California team-mates on Monday in Los Angeles. "Yesterday while practicing Bronny James suffered a cardiac arrest," a spokesperson for the James...
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Mediterranean nations fight heat, deadly fires
RHODES: Greece sweltered in intense heat Wednesday while crews scrambled to douse deadly wildfires that have also struck nations around the Mediterranean and killed dozens. Thousands of people have evacuated in the region this week as fires also flared in Croatia and Italy, and flames killed 34 in Algeria in extreme heat that has left landscapes tinder dry. "Back home, there is nothing left and not even a sheep survived," Taous Timizar, a...
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NASA laboratory hopes to find life’s building blocks in asteroid sample
HOUSTON: Eager scientists and a gleaming lab awaits. A sample from the asteroid Bennu, which could be key to understanding the formation of the solar system and our own planet, is set to be analyzed at NASA’s Johnson Space Center in Houston after it reaches Earth in late September. The precious cargo is currently aboard OSIRIS-REx, a US space probe launched in 2016 to Bennu, which orbits the Sun at an average distance of about 105 million...
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Hardline Cambodian PM to step down after 4 decades
PHNOM PENH: Cambodian Prime Minister Hun Sen, one of the world’s longest-serving leaders, said Wednesday he will resign and hand power to his eldest son after almost four decades of hardline rule. The former Khmer Rouge cadre has run the kingdom since 1985, eliminating all opposition to his power, with rival parties banned, challengers forced to flee and freedom of expression stifled. His Cambodian People’s Party (CPP) won a landslide victory...
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Ooredoo Kuwait Group net profit soars 209% to reach KD 64 million for H1 2023
KUWAIT: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced on Wednesday its financial results for the half year ended 30 June 2023: * Consolidated revenue increased by 4 percent to KD 318 million in H1 2023, compared to KD 306 million in H1 2022. Revenues benefited from efficient operations in Kuwait and a year-on-year improvement in Maldives and Algeria.* Consolidated customer base increased by 2 percent...
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KNPC announces record profits of $3.32bn in 2022-23
KUWAIT: Kuwait National Petroleum Company (KNPC) announced on Tuesday record-breaking profits of KD 1.016 billion ($3.32 billion) for the fiscal year 2022-2023. CEO Wadha Al-Khateeb expressed to KUNA her pride in this exemplary achievement, indicating that the company had logged in a KD 675 million increase ($2.2 billion) against the previous year’s KD 341.380 million ($1.11 billion), marking a 198 percent jump. Khateeb attributed this...
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Kuwait’s economic activity showed signs of further moderation in 2Q23
KUWAIT: Economic activity showed signs of further moderation in 2Q23 amid the higher interest rate environment, global uncertainties, and oil production cuts. Household and business credit growth remained weak, while real estate sales stayed on a downward trajectory. Oil production also declined during the quarter with the introduction of voluntary output cuts in May to halt sliding oil prices (which showed signs of working as prices rose in...
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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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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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US ambassador Karen Sasahara
US media roundtable: Spotlight on US-Kuwait military, economic ties
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TRIPOLI: Libya's Central Bank headquarters in Tripoli. -- AFP
Libya central bank head flees country over ‘threats’