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NBK reports KD 134.2 million in net profit for the first 3 months of 2023

KUWAIT: National Bank of Kuwait (NBK) has announced its financial results for the three-month period ended 31 March 2023. The Bank reported a net profit of KD 134.2 million ($437.8 million), compared to KD 116.6 million ($380.3 million) for the corresponding period in 2022, improving by 15.1 percent year-on-year. Total assets as of the end of March 2023 grew by 8.2 percent year-on-year to reach KD 36.5 billion ($118.9 billion), whereas total...

LONDON: Arsenal's English midfielder Bukayo Saka fights for the ball with West Ham United's Algerian midfielder Said Benrahma at the London Stadium on April 16, 2023. – AFP

Arsenal blow lead again in draw

LONDON: Arsenal blew a two-goal lead for the second game in a row as Bukayo Saka’s penalty miss proved crucial in the Premier League leaders’ damaging 2-2 draw against West Ham on Sunday. Mikel Arteta’s side struck twice in the first 10 minutes at the London Stadium thanks to goals from Gabriel Jesus and Martin Odegaard. But just seven days after squandering a 2-0 advantage in their 2-2 draw at Liverpool, the Gunners again cracked under the...

MADRID: Almeria's Brazilian defender Rodrigo Ely fights for the ball with Atletico Madrid's Spanish forward Alvaro Morata at the Wanda Metropolitano stadium on April 16, 2023. – AFP

Liga leaders Barca drop more points, Atletico beat Almeria

BARCELONA: A subdued Barcelona could not break down Getafe in a 0-0 draw on Sunday, dropping more points but still sitting 11 clear of Real Madrid at the top of La Liga. Third-place Atletico Madrid beat Almeria 2-1 at home with Antoine Griezmann netting a brace as he continued his sparkling form. Valencia sunk deeper into the relegation mire with a 2-0 home defeat by Sevilla, who host Manchester United in the Europa League on Thursday....

This combination of undated photographs created on April 16, 2023 shows from top left to bottom right: Shakhtar Donetsk's CEO Sergey Palkin, Shakhtar's Ukrainian international defender Ivan Petryak, Petryak in action on the pitch and CEO Sergey Palkin on the football pitch. – AFP

Ukrainian club Shakhtar reaches out to wounded soldiers and war orphans

PARIS: Shakhtar Donetsk’s objectives used to be confined to silverware but now the storied Ukrainian football club have loftier aims, financing hospital care abroad for wounded soldiers and finding new homes for orphans. The club — whose lifting of the 2009 UEFA Cup makes it one of only two Ukrainian teams to win a European club competition — has through its foundation Shakhtar Social spared no expense since Russia invaded Ukraine in...

Tattoer Silas Becks puts protective patch over a tattoo reading 'In God's hands..' on the arm of a young man in Vienna, Austria.--AFP photos

Catholics line up for free tattoos in Austria

"In God's hands" read several of the tattoos inked during a free-of-charge session over the weekend -- organised by none other than Austria's leading group representing Catholic nuns and monks. "It's important for the church to look at how people express their piety, including on their bodies," said Christopher Paul Campbell, director of Quo Vadis. He added that the church -- parts of which have frowned upon tattoos -- had to "learn to be sexy"...

Musician Liz Trujillo of Conexion Divina performs during the first weekend of the Coachella Valley Music and Arts Festival.

Coachella globalizes in step with international music trends

The original 1999 Coachella lineup was decidedly oriented towards rock acts and full of white men, but today, the premier music festival's lineup is more diverse and international than ever. The 2023 edition of the massive desert festival is a showcase of global talent, with more than half of the performing artists hailing from outside the United States, including artists from Puerto Rico, South Korea, Belgium and Pakistan. The centering of...

In this file photo US actress Anya Taylor-Joy attends Universal's 'The Super Mario Bros. Movie' special screening at the Regal LA Live in Los Angeles.— AFP

‘Super Mario' games out second straight box office win

"The Super Mario Bros. Movie" retained the top spot in North America's box office one week after its epic debut, as Universal's popular game-themed animation again trounced all competitors, estimates showed Sunday. The joint effort of Universal, Nintendo and Illumination studios raked in $87 million in ticket sales in the Friday-through-Sunday period, bringing the movie's total haul to more than $347 million, according to Exhibitor Relations.The...

Adel Al-Majed

Boubyan Bank records KD 20.6m in net profits for first quarter of 2023

KUWAIT: Boubyan Bank has announced KD 27.6 million in operating profits for the first quarter of this year, thus recording KD 20.6 million in net profits at a growth rate of 22 percent compared with last year, while the earnings per share amount to 4.4 fils. Boubyan Bank’s Vice-Chairman & Group Chief Executive Officer Adel Al-Majed stated: “Thanks to Almighty Allah, our Q1 profits are good, which is a good start to this year as we hope it...

KHARTOUM: People run past a military vehicle in Khartoum amid reported clashes in the city. — AFP

Saudi plane hit by gunfire

RIYADH: A passenger plane preparing to take off from Sudan for Saudi Arabia came under fire on Saturday as deadly fighting rocked Khartoum, the kingdom's flag carrier said. The Airbus A330 bound for Saudi Arabia "was exposed to gunfire damage... with guests and crew on board" ahead of its scheduled departure to Riyadh, Saudia said in a statement. "It has been confirmed that all members of the aircraft's cabin crew have safely arrived at the Saudi...

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India ex-politician, brother shot dead live on TV

PRAYAGRAJ: Gunmen seemingly posing as journalists shot dead a former Indian member of parliament and his brother live on TV as they were being taken in handcuffs to hospital by police, authorities said. Atiq Ahmed, 61, who had been jailed since 2019 and was convicted of kidnapping, was answering reporters’ questions late Saturday when he and his brother Ashraf were shot at close range, the television images showed.“According to preliminary...

ABU DHABI: UAE President Sheikh Mohamed Bin Zayed Al-Nahyan (left) and Brazil’s President Luiz InacionLula da Silva inspect the honor guard during an official reception at Qasr Al-Watan in Abu Dhabi. — AFP

Brazil and UAE seal biofuels climate deals

ABU DHABI: Brazil and the United Arab Emirates announced a series of deals on combating climate change and advancing biofuels Saturday as President Luiz Inacio Lula da Silva paid an official visit to the oil-rich country. “It was a highly fruitful visit,” Lula said in brief comments to Brazil’s TV Globo after meeting UAE president Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi on his way home from a trip to China. The countries said in a...

Minister of Social Affairs, Women and Childhood Mai Al-Baghl

Ministry launches national campaign to assist debtors

KUWAIT: Minister of Social Affairs, Woman and Childhood Mai Al-Baghli announced launching national campaign aimed at aiding debtors, adding that donations will commence Sunday night and last until Thursday midnight. The campaign, conducted in cooperation with ministries of Information and Justice, comes as an extension of Kuwait’s humanitarian role, stated Al-Baghli in press briefing.She further affirmed the ministry’s keenness on...

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