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SANTA CLARA: Silicon Valley Bank customers wait in line at SVB’s headquarters on March 13, 2023. – AFP
Eight Kuwaiti banks confirm no exposure to SVB collapse
KUWAIT: Eight Kuwaiti banks listed on Boursa Kuwait confirmed Monday they are not exposed to Silicon Valley Bank, which was closed by the US authorities after it collapsed last week. Warba, Boubyan, Kuwait International, Ahli United, Gulf, Commercial, Al-Ahli and Burgan banks clarified in separate disclosures to Boursa Kuwait's website that there are no direct or indirect exposures to Silicon Valley Bank.However, the Central Bank of Kuwait (CBK)...
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Driving license, inspection rules to be toughened
KUWAIT: The traffic department at the interior ministry is preparing new regulations for granting expatriates driving licenses, which will be submitted to the interior minister after the formation of the new government for approval."The new conditions include increasing the minimum salary requirement for expatriates applying for a driving license. Moreover, only certain professions will be allowed to obtain a driving license," sources said,...
AL-HAFFAH, Syria: A picture shows a view of the Saladin Fortress, a UNESCO World Heritage site, in Syria's Latakia province on March 7, 2023. - AFP
Syrian castle among ancient sites at risk
AL-HAFFAH, Syria: Zuhair Hassoun examines worrying cracks in a Crusader-era castle in Syria, a UNESCO World Heritage site that survived centuries of conflict only to be badly damaged by last month's deadly earthquake. Hassoun, the custodian of the Fortress of Saladin, an architectural treasure with Byzantine roots in the 10th century rebuilt by Frankish Crusaders in the 12th century, walked carefully past fissured walls and crumbling arches."All...
A group photo taken during the event.
Sultan launches new store in Adailiya, unveils new corporate identity
KUWAIT: Sultan Center Food Products Co (Sultan) on Monday unveiled its newest store in Kuwait located in Adailiya, adjacent to the Kazma Sports Club. The new store was inaugurated with a press conference led by the company's Vice Chairman Essam Al-Rifai and attended by Sultan's board members, Sultan's executive management, and partners and suppliers.With its strategic location, an impressive range of products, and an enhanced shopping experience,...
KUWAIT: Amjad Ali Khan is honored by Indian Ambassador Dr Adarsh Swaika as IBPC office-bearers look on.
Sarod maestro Amjad Ali Khan and sons regale Kuwait's music lovers
By Sajeev K PeterKUWAIT: Kuwait's music lovers witnessed a rare musical extravaganza on Sunday when world renowned sarod maestro Ustad Amjad Ali Khan and his sons Amaan Ali Khan Bangash and Ayaan Ali Khan Bangash came together on stage to deliver a mesmerizing concert at GUST auditorium in Mishref on Sunday. Organized by the Indian Business and Professional Council (IBPC) under the patronage of the Indian Embassy, the concert demonstrated the...
KUWAIT: Charge d’Affaires of the United States Embassy to Kuwait James Holtsnider (fourth from left)
US Army celebrates Women's History Month at Camp Arifjan
By Majd OthmanKUWAIT: In the presence of US Charge de Affaires James Holtsnider and Kuwaiti officials from the ministries of interior and defense, the US Army at Camp Arifjan celebrated Women's History Month on Monday under the title "Our strength is in our history", attended by US Army soldiers and media representatives.Guest Speaker BG Maria A Juarez said this event celebrates the many ways that women can use their powerful voices to propagate...
KUWAIT: The event highlighted the advantages of aerobic and vertical farming.
KFAS highlights success of new farming technologies
By Ghadeer GhloumKUWAIT: Kuwait Foundation for the Advancement of Sciences (KFAS) organized an event titled "Using Aerobic and Vertical Farming Techniques to Support Food Sufficiency in the State of Kuwait" on Monday. Engineer Hussain Al-Hilal, program officer of the flagship farming project, told Kuwait Times that after working with his colleagues in 2020, they identified food security as part of the new strategy of KFAS."After the outbreak of...
Hamza Olayan with Taleb Al-Refai.
Lebanese journalist discusses history of minorities in his book
By Faten OmarKUWAIT: Lebanese journalist and researcher Hamza Olayan discussed on Sunday the history of minorities in Kuwait in his books during a cultural meeting organized by Kuwaiti journalist and writer Taleb Al-Refai. "There is no unified, agreed-upon definition of the concept of the word 'minority'. It is often indicated to a religious, linguistic or ethnic group whose 'number' is less than the number of the population," Olayan said.Olayan...
KUWAIT: Minister of Information and Culture and the Minister of State for Youth Affairs Abdulrahman Al-Mutair addresses the session on Monday. -- KUNA
Palestinian issue tops agenda of Arab Media session
KUWAIT: The work of the 98th regular session of the standing committee for Arab Media kicked off on Monday as part of the activities of the 16th regular session of the meetings of the Executive Office of the Arab Information Ministers Council, which the Palestinian issue tops its agenda, along with many vital media issues.At the beginning of his speech during the opening ceremony, Minister of Information and Culture and the Minister of State for...
Dr. Khalid Al-Saleh
Freedom is the right of all
By Dr Khalid Al-Saleh rights societies around the world appear to work hard in defense of human rights to safeguard human dignity and social peace, and they are commended for that. Yet many such societies among us forget that the most important human right is the right of expressing opinion freely and right to run life's affairs with the majoritarian system, which guarantees social peace. It is not sane to have statements of the same...
WASHINGTON: The Interior Department gave the green light to US energy giant ConocoPhillips to drill for oil at three sites in the federally owned National Petroleum Reserve in Alaska's pristine western Arctic.
Biden govt brushes aside concerns, approves Alaska oil drilling project
WASHINGTON: The Biden administration, brushing aside climate concerns from environmental groups, approved a controversial oil drilling project on Monday on Alaska's North Slope. The Interior Department gave the green light to US energy giant ConocoPhillips to drill for oil at three sites in the federally owned National Petroleum Reserve in Alaska's pristine western Arctic.During the 2020 presidential race, Joe Biden had vowed not to approve any...
LONDON: Junior doctors and supporters join the picket line outside St Thomas' Hospital as members of the British Medical Association take part in a 72-hour strike action over pay in London, United Kingdom on March 13, 2023. - AFP
Thousands of hospital doctors walk out in latest UK strike
LONDON: UK hospital doctors on Monday began a three-day strike over pay at the start of a week that will also see teachers, train staff and civil servants walk out, in the latest wave of industrial action.The doctors say years of below-inflation pay increases mean they have effectively had a 26 percent pay cut since 2008. Ahead of the stoppage, the body that represents them, the British Medical Association (BMA), launched an advertising campaign...