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MUMBAI: Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (left) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. - AFP
Adani market turmoil a key test for Modi's India Inc
NEW DELHI: The market rout suffered by Indian tycoon Gautam Adani is the latest corporate scandal to plague one of the world's largest economies despite Prime Minister Narendra Modi's efforts to root out corruption. Properly investigating the claims of fraud that triggered the sell-off in Adani's companies will be a key test for "India Inc" as the country seeks to attract foreign investment and rival China economically in the 21st century,...
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Kuwait's Karate clubs dominate top positions
By Abdellatif SharaaKUWAIT: Kuwait Karate clubs dominated top positions in the Fifth Arab Karate Championship as the host Yarmouk Club and Kuwait Club won five gold medals. Yarmouk came out first with four gold medals while Kuwait came second with one gold and two bronze. Shabab Al-Ahli (from UAE) took third place with one gold and one bronze medal.The closing ceremony was attended by the acting Director of Public Authority for Sport (PAS) and...
Jassim Mustafa Boodai
Gulf Bank records net profit of KD 62 million in 2022
KUWAIT: Gulf Bank KSCP (Bank) announced its financial results for the year ended 2022. The bank reported a net profit of KD 61.8 million, an increase of 47 percent compared to the year 2021. Earnings per share were up 46 percent to 19 fils and the Board of Directors is recommending a distribution of a cash dividend of 10 fils per share, representing a 51 percent cash payout ratio, in addition to 5 percent bonus shares, for shareholders' approval...
KYIV: This handout picture taken and released by the Ukrainian Presidential press-service on February 3, 2023, shows the Ukrainian President Volodymyr Zelensky (center) attending a work session during an EU-Ukraine summit in Kyiv. - AFP
EU, G7, Australia reach deal on price caps for Russian fuel
BRUSSELS: European Union member states, the Group of Seven industrialized countries and Australia said Friday that they have reached an agreement on price caps for Russian petroleum products.The move is the latest part of an international push to limit Russian President Vladimir Putin’s war chest for his assault on Ukraine by targeting his key exports. The caps involve two price levels, $100 per barrel for more expensive fuel like diesel and...
Visitors are pictured at a market during the opening of the Ghadames festival in the Libyan town of Ghadames on February 1, 2023. – AFP photos
Festival seeks to attract visitors to Libya's 'pearl of the desert'
Young girls in colorful dress and traditional jewelry gathered to sing at a festival in Libya's Ghadames, an oasis city that was relatively unscathed by the past decade's chaos and is seeking to attract visitors. Under tents strung up with red and ochre patterned material, baskets were on display as a woman sat weaving one together with a large wooden needle, silver rings tracing the movements of her hands as she worked. Ghadames, known as the...
LOS ANGELES: In this file photo taken on November 17, 2022 Brazilian singer Anitta arrives for the 23rd Annual Latin Grammy awards. – AFP
Anitta: The Brazilian star shining at the Grammy Awards
LOS ANGELES: There is no clear frontrunner for this year's prestigious Grammy for Best New Artist, but Brazil's Anitta definitely has a strong chance to win - which would be the perfect way to cap her banner year. It's been nearly 60 years since a Brazilian was nominated in the category, when Astrud Gilberto immortalized the classic "The Girl From Ipanema." But while Gilberto - the ex-wife of fellow bossa nova pioneer Joao Gilberto - won Record...
MUMBIA: Bollywood actor Shah Rukh Khan gestures during a media event of his Hindi-language film ‘Pathaan’ in Mumbai on January 30, 2023. – AFP
Shah Rukh Khan: Indian heartthrob, King of Bollywood
MUMBAI: Shah Rukh Khan is Bollywood's most popular star, whose silver-screen repertoire of dance, romance and shoot-em-up heroics made him the cinematic avatar of a changing India. "King Khan" - whose moniker reflects decades of box office dominance - is a rare unifying figure across India's multiple geographic, linguistic and religious fault lines. His latest film "Pathaan" was an event akin to a national celebration, shrugging off boycott calls...
PARIS: In this file photo taken on January 20, 1999, Spanish Designer Paco Rabanne checks a dress before his 1999 Spring/Summer haute-couture collection, in Paris. – AFP
Fashion designer Paco Rabanne dead at 88
PARIS: Spanish fashion designer Paco Rabanne, known for his eccentric clothing designs and for founding one of the world's best-known fragrance brands, died on Friday at the age of 88. Rabanne's death was confirmed to AFP by the parent company of his brand, who said he had "marked generations with his radical vision of fashion and his legacy will live on".Nicknamed "Wacko Paco" in the 1960s for his often-unwearable designs, Spain's Paco Rabanne...
Kuwaiti Ambassador to Italy Nasser Al-Qahtani poses for a group photo during his participation in the graduation ceremony for two Kuwaiti officers. - KUNA
NATO training courses boost experience of Kuwait missions
ROME: Kuwaiti Ambassador to Italy Nasser Al-Qahtani hailed the training courses provided by the NATO Defense College for Kuwaiti military and diplomatic missions, as part of the partnership between the two sides. His remarks came during his participation in the graduation ceremony for two Kuwaiti officers from the Ministry of Defense and the Ministry of Interior, who took part in the 141 advance training courses for high ranks on Friday.The...
KRCS distributes clothes to 400 displaced families in Yemen. - KUNA photos
KRCS distributes clothes to 400 displaced families
ADEN: Kuwait Red Crescent Society (KRCS) has handed out clothes to 400 displaced families in Ma'rib governorate, central Yemen, as part of "Kuwait beside You" campaign, continuing for eighth year running. The relief effort, carried out in collaboration with Estijabah Foundation - KRCS's local partner, targets needy persons, particularly women and children, said KRCS Director-General Abdulrahman Al-Aoun."It aims to alleviate the suffering of...
AUGSBURG: Leverkusen's Argentinian midfielder Exequiel Palacios (left) and Augsburg's Finnish midfielder Fredrik Jensen (right) vie for the ball during the German first division Bundesliga football match between FC Augsburg and Bayer 04 Leverkusen on February 3, 2023. - AFP
Striker Berisha fires Augsburg to home win over Leverkusen
BERLIN: Augsburg striker Mergim Berisha scored a crucial second-half goal to secure a 1-0 home German Bundesliga win over Bayer Leverkusen on Friday. Berisha headed in from a corner after 55 minutes to help an injury-hit Augsburg to just their sixth win of the season. It was a second-straight league loss for Leverkusen, who had put together five consecutive wins to push themselves into contention for the European placings. Chances were few in a...
KARACHI: People buy rice at a market on Feb 3, 2023. - AFP
Pakistan to agree to tough IMF bailout conditions amid crisis
ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif said Friday the government would have to agree to IMF bailout conditions that are "beyond imagination", as it battles a spiraling economic crisis. An International Monetary Fund (IMF) delegation landed in Pakistan on Tuesday for last-ditch talks to revive vital financial aid that has stalled for months. The government has held out against tax rises and subsidy slashing demanded by the IMF,...
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Kuwait-based high school students secure patent for healthcare robot
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KUWAIT: H the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah receives Qatari Minister of State for Energy Affairs and Managing Director and CEO of QatarEnergy Saad Al-Kaabi on Aug 26, 2024.
Kuwait signs 15-year Qatar gas deal
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What is behind the decline of marriage?
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KUWAIT: HH the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, in the attendance of HH the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, receives HH the Prime Minister Sheikh Ahmad Al-Abdullah Al-Sabah and four newly appointed ministers on Aug 26, 2024. – KUNA
Amir calls for good governance
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QUETTA: A man mourns the death of his father, who died in a separatist militant attack, at a hospital on Aug 26, 2024. - AFP
73 killed after militant attacks in Balochistan