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Al-Rushood: KFH’s historic profits boost competitiveness of national economy
KUWAIT: In an interview with CNBC Arabia TV, Acting Group Chief Executive Officer at Kuwait Finance House (KFH), Abdulwahab Iesa Al-Rushood stressed KFH’s continuous improvement in the Group’s performance significantly during the first half of 2023, in which the net profit increased by over 141 percent reaching KD 333.4 million compared to the same period last year, the highest-ever quarterly profits recorded in its history and the biggest in...
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Lebanese activists fight rampant beachside development
In a pristine patch of Lebanon’s north coast, a rare marine visitor has fueled opposition to a seafront development, in a country where unchecked construction has obstructed access to beaches. Residents of Amchit say a Mediterranean monk seal sometimes visits the area, taking refuge in the crystal-blue waters of a sea-cave accessible only by wading or paddling between low rocks to reach a tiny, sheltered cove. But local environmental group...
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Glitzy Dubai hungry for culinary fame
French chef Renaud Dutel never thought his career would take him to the United Arab Emirates' glam hub of Dubai, but has found there a culinary capital in the making. Five years since he was offered a spot at a fancy restaurant in the Gulf financial and tourism hub -- better known for its skyscrapers than its food scene -- Dutel is delighted to have "taken the risk". "I believe Dubai is at the beginning," he told AFP as lobster cuts were sizzling...
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Rapper’s Delight as New York celebrates 50 years of hip-hop
From a display of Jay-Z lyrics on the facade of the Brooklyn Library to a concert of rap pioneers at Yankee Stadium, New York is celebrating 50 years of hip-hop, a genre born in its ghettos and now dominant around the world. Inside the library, a vast exhibition retraces the career of one of Brooklyn’s most famous sons, charting his rise from “a street-smart hustler to a global revered music mogul.” The artist born Shawn Carter has written...
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MPs seek end to political crisis and bedoon issues
By B IzzakKUWAIT: Lawmakers on Tuesday continued to debate the Amiri Address delivered at the opening session of the new National Assembly by calling for a lasting solution to the problem of tens of thousands of stateless people, or Bedoons, and for extending the Amiri amnesty to all political prisoners. MP Mohammad Hayef said that the Bedoons problem should be resolved by granting citizenship to all those who are entitled and then asking others...
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34 killed as Algeria battles raging fires
ALGIERS: Algerian firefighters were Tuesday battling blazes that have killed 34 people across the tinder-dry north, destroyed homes and coastal resorts and turned vast forest areas into blackened wastelands. Witnesses described fleeing walls of flames that raged “like a blowtorch” as TV footage showed charred cars, burnt-out shops and smouldering fields and scrubland. Severe fires have raged through the mountain forests of the Kabylia region...
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Firefighting plane crashes in Greece as wildfires rage
RHODES: A Greek water-bombing plane crashed Tuesday while battling a forest fire on the island of Evia as hundreds of firefighters struggled to beat back blazes still raging in Rhodes and Corfu amid a new wave of soaring temperatures. The fire department said the Canadair aircraft crashed into a ravine close to where the fire started on Sunday. Footage on state TV ERT showed the plane clipping a tree before falling nose-first and exploding. "A...
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Zionists kill 3 Palestinians
NABLUS: Zionist troops killed three Palestinians in the occupied West Bank Tuesday, the Palestinian health ministry said - the latest deaths in a surge of violence in the territory since early last year. “Three Palestinians have been killed by Zionist bullets in Nablus,” the ministry said. Palestinian militant group Hamas, which controls the Gaza Strip, said the three were members of its armed wing. The army said three “armed terrorists”...
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TikTok rivals Twitter with new format
SAN FRANCISCO: TikTok, the social platform known for its addictive video content, announced Monday that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter. The text posts on TikTok will most closely resemble similar offerings on Instagram, which earlier this month also launched a challenge to Twitter - which owner Elon Musk renamed X - called Threads.Like Meta-owned Threads, TikTok benefits...
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MoH: There’s no ‘severe shortage’ of medicine
KUWAIT: There is no “severe” shortage of the ministry’s medicine, Minister of Health (MoH) Dr Ahmad Al-Awadhi said Tuesday, affirming that there are alternatives to the unavailable ones. During a regular National Assembly session, Al-Awadhi added that the ministry is working on automating information system regarding the medical records. The Ministry seeks to fulfill system and medicine stock as a “security” of the State through the...
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MPs seek new expat appointment policy
KUWAIT: The Parliamentary Human Resources Committee informed the government that it is preparing amendments to the Civil Service Law that will be ready in the next round of assembly meetings, to begin on October 26, under which new requirements will be added for the appointment of expatriates in government sectors. Sources revealed to Kuwait Times: “The most prominent of these amendments is that the appointment of non-Kuwaitis must be published...