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Govt could eye emergency decree for debt bill
KUWAIT: Well-informed sources told Kuwait local daily Al-Rai that the government has placed passing the general debt bill in an emergency decree on top of its priorities if it fails to get it passed by the parliament during the current term due to wrap up by the end of September. The sources explained that the government had passed the first general debt law in 1987 and the second in 1998 using emergency decrees. "Passing the current bill using...
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LOYAC concludes second phase of 'KON Social Entrepreneurship'
KUWAIT: LOYAC recently concluded the second phase of its 'KON Social Entrepreneurship' program organized in collaboration with Babson College; the leading American college in social entrepreneurship, with platinum sponsorship from NBK, golden sponsorship from Zain and co-sponsorship from Agility. Due to health restrictions, the program was held online via the Zoom app.In this regard, LOAYC's Deputy Chairperson Fadia Al-Marzooq stressed the...
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Kuwait oil price drops to $45.83 pb
KUWAIT: The price of Kuwaiti oil dropped 28 cents during Tuesday's trading session to close at $45.83 per barrel (pb) compared with $46.11 pb the day before, Kuwait Petroleum Corporation (KPC) said yesterday. Benchmark Brent crude edged 30 cents higher to $45.58 and the West Texas Intermediate gained 15 cents to $42.76 pb. - KUNA
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Honesty means everything
By Abdellatif SharaaCain killed his brother Abel, he realized that his act was something unforgivable and he should not even have thought about it, but of course it was too late. While sitting next to his brother's body, he realized how ignorant he was when he saw a crow kill another crow, then dug a hole and buried its victim in it, as if he was being told what to do with his brother!This was man's start on this earth from day one, as good...
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Photo of the Day
KUWAIT: Tower cranes at a major government construction project in Kuwait City. - Photo by Yasser Al-Zayyat
Nine Nigerian states in the oil region rake in trillions of naira (billions of dollars) every year thanks to huge payments mandated from the central government and oil majors.
Nigerian oil agency under scrutiny
Nine Nigerian states in the oil region rake in trillions of naira (billions of dollars) every year thanks to huge payments mandated from the central government and oil majors. WARRI, Nigeria: Investigators are looking for billions of dollars in missing or stolen funds from a Nigerian agency created to develop the oil-rich but impoverished Niger delta. Like the rest of the nation’s opaque oil sector, officials say the Niger Delta Development...
BERLIN: German retail sales fell unexpectedly in July, data showed yesterday, dashing hopes that household spending in Europe’s largest economy can drive a strong recovery in the third quarter from the coronavirus shock. —Reuters
Weak German retail sales dash hopes for strong recovery in Q3
BERLIN: German retail sales fell unexpectedly in July, data showed yesterday, dashing hopes that household spending in Europe’s largest economy can drive a strong recovery in the third quarter from the coronavirus shock. —Reuters BERLIN:  German retail sales fell unexpectedly in July, data showed yesterday, dashing hopes that household spending in Europe’s largest economy can drive a strong recovery in the third quarter from the...
MANILA: Lorraine Ann Imperio browsing her computer as she prepares to barter goods online in Las Pinas City, suburban Manila.—AFP
Trading for food: Online bartering soars in lockdown-hit Philippines
MANILA: Lorraine Ann Imperio browsing her computer as she prepares to barter goods online in Las Pinas City, suburban Manila.—AFP MANILA: Struggling to make ends meet, Lorraine Imperio swapped a pair of Nike slip-on shoes for a whole dressed chicken on an online bartering site, one of dozens that have sprouted up during the Philippines’ virus lockdowns. With millions stripped of their jobs and many forced to stay home to slow the coronavirus...
NEW YORK: Garbine Muguruza of Spain returns the ball during her Women’s Singles first round match against Nao Hibino of Japan on Day Two of the 2020 US Open at the USTA Billie Jean King National Tennis Center in the Queens borough of New York City. — AFP
Serena, Murray advance at US Open
NEW YORK: Garbine Muguruza of Spain returns the ball during her Women’s Singles first round match against Nao Hibino of Japan on Day Two of the 2020 US Open at the USTA Billie Jean King National Tennis Center in the Queens borough of New York City. — AFP NEW YORK: Serena Williams’ quest for a record-equalling 24th Grand Slam got off the mark as Andy Murray rolled back the years with a vintage comeback at the US Open Tuesday. Six-time...
DENVER: Starting pitcher Kevin Gausman #34 of the San Francisco Giants delivers to home plate during the first inning against Raimel Tapia #15 of the Colorado Rockies at Coors Field Tuesday in Denver, Colorado. — AFP
Alex Dickerson’s three homers help Giants rout Rockies 23-5
DENVER: Starting pitcher Kevin Gausman #34 of the San Francisco Giants delivers to home plate during the first inning against Raimel Tapia #15 of the Colorado Rockies at Coors Field Tuesday in Denver, Colorado. — AFP DENVER: Alex Dickerson had three home runs among his five hits and added six RBIs, and Brandon Crawford and Donovan Solano also drove in six runs each to lead the San Francisco Giants to a 23-5 win over the Colorado Rockies in...
MANCHESTER: England’s Adil Rashid (R) makes his ground during the international Twenty20 cricket match between England and Pakistan at Old Trafford cricket ground in Manchester, north-west England. —AFP
Hafeez hails debutant Haider as Pakistan beat England
MANCHESTER: England’s Adil Rashid (R) makes his ground during the international Twenty20 cricket match between England and Pakistan at Old Trafford cricket ground in Manchester, north-west England. —AFP MANCHESTER:  Veteran all-rounder Mohammad Hafeez praised teenage debutant Haider Ali’s composure after the pair combined to set up Pakistan’s five-run victory over England in their tour-ending third Twenty20 international at Old Trafford...
In this picture taken on August 31, 2020, people visit a mobile phone market in Lahore. - Six months after the coronavirus arrived in Pakistan, the country appears to have dodged the worst of the pandemic, baffling public health experts and dampening fears its crowded urban areas and ramshackle hospitals will be overrun. (Photo by Arif ALI / AFP) / To go with AFP story Pakistan-virus-health, FOCUS by Kaneez Fatima with Zain Zaman Janjua in Islamabad
Pakistan puzzles health experts
LAHORE: People visit a mobile phone market in Lahore. Six months after the coronavirus arrived in Pakistan, the country appears to have dodged the worst of the pandemic, baffling public health experts and dampening fears its crowded urban areas and ramshackle hospitals will be overrun. - AFP LAHORE: Six months after the coronavirus arrived in Pakistan, the country appears to have dodged the worst of the pandemic, baffling health experts and...
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Gulf Bank Chairman Bader Al-Kharafi
Gulf Bank, Boubyan Bank mull merger into Islamic bank
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TEHRAN: Hamas leader Ismael Haniyeh (center) flashes the victory sign during a swearing in ceremony of the new president at the parliament in Tehran on July 30 2024. - AFP
HANIYEH ASSASSINATED
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KUWAIT: First Deputy PM and Defense and Interior Minister Sheikh Fahad Al-Yousef Al-Sabah receives Dr Emad Yousef on July 31, 2024. - KUNA
MoI: No one above the law
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(File photo) Hamas senior leader Ismail Haniyah, standing in front of a portrait of the radical group's slain spiritual guide Sheikh Ahmed Yassin, addresses the crowd during rally by the radical group in the former Jewish settlement of Neve Dekalim in the southern Gaza Strip, 16 September 2005. - The Palestinian militant group Hamas said on July 31, 2024, its political leader Ismail Haniyeh was killed in an Zionist strike in Iran, where he was attending the inauguration of the country's new president, and vowed the act "will not go unanswered". — AFP
Hamas leader Ismail Haniyeh assassinated in Zionist strike
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Minister of Finance and Minister of State for Economic Affairs and Investment Dr Anwar Al-Mudhaf with Morocco's Ambassador to Kuwait Ali bin Issa. - KUNA
Kuwait’s investments in Morocco reach $1.5 bn