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Gulf Bank plays an active role in nurturing talents
KUWAIT: Partaking amongst five selected Kuwaiti banks and companies, Gulf Bank has concluded its participation in the seventh edition of the annual Innovation Challenge Program, organized by Kuwait Foundation for the Advancement of Sciences (KFAS) in cooperation with London Business School. The program aims to stimulate innovation and enhance the creative skills in private sector companies, to support economic growth, and contribute towards...
KUWAIT: IBPC officials and Indian school principals pose for a group photo with Ambassador-designate Dr Adarsh Swaika.
IBPC honors meritorious Indian students
KUWAIT: Indian Business Professional Council (IBPC) held a 'Meritorious Awards' function for Indian schools and students at the Indian Embassy auditorium on 4th February, 2023.  The event was held in a packed auditorium in the presence of school principals, dignitaries, students, parents and members of IBPC. The ceremony began with the lighting of the traditional lamp by the Indian Ambassador-designate Dr Adarsh Swaika along with Kaisar Shakir,...
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Population rebalancing committee monitors implementation
KUWAIT: Teams of the population rebalancing committee have increased efforts regarding the implementation of the decisions of the first committee meeting held last week headed by Interior Minister Sheikh Talal Al-Khaled, as they distributed these teams around government departments to ensure that these recommendations are being followed in hope that they achieve the goal of reducing expatriates to 30 percent of the population."The recommendations...
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Top dream job in Kuwait is being an 'influencer'
By Faten OmarKUWAIT: Not so long ago, being a doctor or engineer was the dream job for many in the Middle East. Recently, the US financial services company 'Remitly' analyzed and published a list of the most popular dream jobs around the world using Google search data, and according to their results, the top dream job in Kuwait is being an "influencer". In the last five years, influencers have turned into a wide industry, attracting a lot of...
Small to medium business owners partaking in the event.
Youth initiative exhibition revived after COVID threat
KUWAIT: Years after being closed due to the impact of the COVID-19 pandemic, the youth initiative exhibition returned to the scene with some 400 small to medium business owners partaking in the event. The exhibition - held at historical market of Souq Al-Mubarakiya - began last Thursday and continues for four weeks. The event was held for 13 consecutive years and the current edition is under the auspices of His Highness the Amir Sheikh Nawaf...
Photo shows the residential building.
Takween completes residential project for displaced Syrians
KUWAIT: As part of its effort to improve the living conditions of displaced Syrians, the Takween Humanitarian Society has completed the construction of a residential building which will be given to displaced families in Idlib, Syria. Head of the administrative council at the society, Abdullah Al-Khaldi said "The aim of this residential architecture project is to assist displaced Syrians and transfer them from the life of random camps to housing...
KUWAIT: Souq Mubarakiya is bedecked with lights and flags ahead of the National Day and Liberation Day celebrations. - Photos by Fouad Al-Shaikh
Photo of the Day
SARMAD: This aerial view shows residents helped by bulldozers, searching for victims and survivors in the rubble of collapsed buildings, following an earthquake in the town of Sarmada in the countryside of the northwestern Syrian Idlib province, early on February 6, 2023. - AFP
World powers rush to offer Turkey, Syria aid over quake
PARIS: International offers to help Turkey and Syria with rescue efforts poured in on Monday after a massive earthquake killed around 1,800 people and wreaked devastation.European UnionThe European Union has mobilised search and rescue teams for Turkey after the stricken country requested EU assistance. Ten urban search and rescue teams from various member states will support first responders on the ground, EU foreign policy chief Josep Borrell...
CHARLY-SUR-MARNE: A gendarmerie vehicle is parked in front of the house after a fire broke out in the house of a blended family of nine members in Charly-sur-Marne, northern France on February 6, 2023. - AFP
Mother, children die after faulty dryer set house ablaze in France
CHARLY-SUR-MARNE: A mother and her seven children aged two to 14 died on Monday after a faulty dryer set their house ablaze in eastern France, authorities said. The raging fire, the deadliest such blaze involving children in France in a decade, broke out shortly after midnight in the family home in the town of Charly-sur-Marne, some 80 kilometres (50 miles) east of Paris in the Champagne region.The mother and her children suffocated from black...
HONG KONG: Foreign diplomats queue outside a court in Hong Kong on February 6, 2023 as they wait to attend the trial of 47 of Hong Kong's most prominent pro-democracy figures which begins in the largest prosecution under a national security law that has crushed dissent in the city. - AFP
Scholar, lawmakers, journalist among Hong Kongers on trial
HONG KONG: Hong Kong's largest national security trial opened Monday with dozens of pro-democracy figures accused of trying to topple the government in a case critics say reflects the criminalisation of dissent in the Chinese territory.The 47 defendants, who include some of the city's most prominent activists, face up to life in prison if convicted. Sixteen have pleaded not guilty to charges of "conspiracy to commit subversion" over an unofficial...
Hamad Al-Marzouq
KD 357.7 million net profit for KFH shareholders for 2022 Al-Marzouq
KUWAIT: Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that, by the grace of Allah, KFH has reported net profit of KD 357.7 million attributable to the shareholders of the bank for the year ended 2022; an increase of 47.0 percent compared to 2021. Ahli United Bank - Bahrain contributed to the profit with an amount of KD 62.5 million or 17.5 percent which represents the results of AUB for the period from the date of the...
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China's rising oil demand is no dead-cat bounce: Kuwait
BENGALURU: Oil consumption in China, the world's biggest importer, is rising strongly following the ending of coronavirus lockdowns, according to OPEC member Kuwait, reports Bloomberg. "There is pent up demand that accumulated over the pandemic," Sheikh Nawaf Al-Sabah, chief executive officer of Kuwait Petroleum Corp, told Bloomberg TV in Bengaluru, India. "Now, with the opening up, we're seeing an increase in demand that is sustainable. This is...