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Zain Group records resilient revenues of $3.9 billion for 9 months of 2020
Zain headquarters building KUWAIT: Zain Group, the leading telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the third-quarter (Q3) and nine-month periods (9M) ended 30 September, 2020. The company ended the period with a stable customer base of 48.9 million customers.For 9M 2020, Zain Group generated consolidated revenue of KD 1.2 billion ($3.9 billion), down 2 percent Y-o-Y,...
Democratic presidential candidate Joe Biden (C) kneels as he looks on with with Lady Gaga (3L) before a drive-in rally in Pittsburgh, Pennsylvania on November 2, 2020. - The US presidential campaign enters its final day Monday with a last-minute scramble for votes by Donald Trump and Joe Biden, drawing to a close an extraordinary race that has put a pandemic-stricken country on edge. (Photo by JIM WATSON / AFP)
Lady Gaga, horns trumpet Biden’s campaign finale
PITTSBURGH: Democratic presidential candidate Joe Biden (center) kneels as he looks on with with Lady Gaga (3L) before a drive-in rally in Pittsburgh, Pennsylvania on Monday. – AFP PITTSBURG: Honking horns, huge American flags and pop superstar Lady Gaga: on the eve of the presidential election, Joe Biden brought an air of spectacle to workers’ stronghold Pittsburgh as he capped a campaign largely curtailed by the COVID-19 pandemic.“The...
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Dubai's Sheikh Mohammed receives trial COVID vaccine
DUBAI: A handout image provided yesterday shows Dubai Ruler Sheikh Mohammed bin Rashid Al-Maktoum receiving an injection of a COVID-19 vaccine. - AFP DUBAI: Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum said yesterday he had received an experimental coronavirus vaccine, becoming the latest United Arab Emirates official to take part in the trials. Two vaccines are undergoing third-phase trials in the UAE, one produced by Chinese drug giant...
PHOENIX, AZ - NOVEMBER 03: An I voted sticker is placed on Eddie Slades shirt at Burton Barr Central Library on November 3, 2020 in Phoenix, Arizona. After a record-breaking early voting turnout, Americans head to the polls on the last day to cast their vote for incumbent U.S. President Donald Trump or Democratic nominee Joe Biden in the 2020 presidential election.   Courtney Pedroza/Getty Images/AFPn== FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==
America on edge as nation decides
PHOENIX: An I voted sticker is placed on the shirt of a voter at Burton Barr Central Library yesterday.-Ð AFP WASHINGTON: Americans voted yesterday under the shadow of a surging coronavirus pandemic to decide whether to reelect Republican Donald Trump, one of the most polarizing presidents in US history, or send Democrat Joe Biden to the White House. A record-breaking number of early votes some 100 million had already been cast in an election...
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Miracle girl rescued 4 days after quake
IZMIR: This handout picture shows rescue workers carrying 3-year-old Ayla Gezgin out of the rubble of a collapsed building yesterday. - FP BAYRAKLI, Turkey: A three-year-old girl was pulled from rubble yesterday, 91 hours after a powerful earthquake hit western Turkey, offering a ray of hope for grieving families as the death toll soared past 100. But only hours after Ayda Gezgin was miraculously recovered in the hard-hit town of Bayrakli,...
Tunisian engineers test a prototype of an artificial hand on October 20, 2020 at Cure Bionics startup in Sousse. - The startup created by a young Tunisian engineer aims to empower children and young amputees by providing them with a customisable bionic hand, 3D printed locally, at a lower price and with more local support than existing prostheses, so it can be easily repaired or adapted to a growing limb. (Photo by Bechir TAIEB / AFP)
Tunisia startup 3D prints solar bionic hands
SOUSSE: Tunisian engineers test a prototype of an artificial hand on Oct 20, 2020 at the Cure Bionics startup. - AFP SOUSSE, Tunisia: A Tunisian startup is developing a 3D-printed bionic hand, hoping the affordable and solar-powered prosthetic will help amputees and other disabled people across Africa. Unlike traditional devices, the artificial hand can be customized for children and youths, who otherwise require an expensive series of resized...
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Amir commends contributions of KDIPA to Kuwait's economy
KUWAIT: His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah receives a copy of Kuwait Direct Investment Promotion Authority’s 2019-2020 annual report from KDIPA’s Director General Sheikh Dr Mishal Jaber Al-Ahmad Al-Sabah, as Commerce Minister Khaled Al-Roudhan and KDIPA’s Deputy Director General Wafa Al-Qatami look on. – Amiri Diwan and KUNA photos KUWAIT: His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah yesterday...
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Forum explores the potential changes in US-GCC relations following US Election
Professor David Des Roches KUWAIT: Reconnaissance Research hosted a virtual forum in collaboration with the 'Harvard Club of Kuwait' on Oct 30 featuring a panel of four regional experts, as well as moderation by Kirsten Fontenrose, the Director of the Scowcroft Middle East Security Initiative at the Atlantic Council and a member of Reconnaissance Research's US Advisory Board. The forum discussion reflected an array of perspectives on various...
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Reverse the curse
By Nasir Nawaf Al-Sabahthe official 40-day mourning period for His Highness Sheikh Sabah Al-Ahmad Al-Sabah, the late Amir, ends this week, his vision to transform Kuwait into a regional financial and commercial hub should be realized now more than ever. According to the Chairman of the Parliament's Budget Committee, over KD 50 billion of accumulated budget surpluses in Kuwait's General Reserve were depleted over the past few years because oil...
FILE PHOTO: Line workers spot weld parts of the frame on the flex line at Nissan Motor Co's automobile manufacturing plant in Smyrna, Tennessee, U.S., August 23, 2018. REUTERS/William DeShazer
US manufacturing near 2-year high; but outlook challenging
 Line workers spot weld parts of the frame on the flex line at Nissan Motor Co's automobile manufacturing plant in Smyrna Tennessee. WASHINGTON: US manufacturing activity accelerated more than expected in October, with new orders jumping to their highest level in nearly 17 years amid a shift in spending toward goods like motor vehicles and food as the COVID-19 pandemic drags on. The survey on Monday from the Institute for Supply Management...
People walk in the central business district of Sydney on November 3, 2020. (Photo by Saeed KHAN / AFP)
Australia CB cuts rates to near zero, ramps up bond buying
SYDNEY: People walk in the central business district of Sydney yesterday.—AFP SYDNEY: Australia's central bank trimmed interest rates to near zero yesterday and ramped up its bond-buying plans in a much-needed salve to aid economic recovery from the country's worst downturn in a generation. The Reserve Bank of Australia (RBA) said it would buy A$100 billion ($70.4 billion) of government bonds with maturities of around five to 10 years over the...
(FILES) This file photo taken on July 10, 2018 shows customer Gary Harms shopping for Roundup products at a store in San Rafael, California. - German pharmaceuticals and chemicals giant Bayer on Tuesday, November 3, 2020 posted another huge loss in its third quarter as it struggles to manage legal issues surrounding its glyphosate weed killer linked by plaintiffs to cancer cases. However, the result improves on the loss Bayer posted in the second quarter after it settled most lawsuits against its Roundup glyphosate weedkiller produced by Monsanto, the US agrochemical company it controversially acquired for 63 billion euros in 2018. (Photo by JOSH EDELSON / AFP)
Bayer posts another multi-billion euro loss on legal woes
Customer Gary Harms shopping for Roundup products at a store in San Rafael, California. – AFP FRANKFURT: German pharmaceuticals and chemicals giant Bayer yesterday posted another huge loss in its third quarter as it struggles to manage legal issues surrounding its glyphosate weed killer linked by plaintiffs to cancer cases. The company made a net loss of 2.7 billion euros ($3.2 billion), compared with a profit of 1.05 billion euros in the same...