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Gold price rises to $1,766 per ounce
KUWAIT: Gold held its gains for the second week, as its prices reached $1,766 per ounce during last week's trading, after its decline that reached $1,675 per ounce. In a report, Kuwait Sabayik Company stated to the press that the yellow metal increased reaching a weekly high level due to many factors that contributed to its rise.The report also added that the Head of the Strategic Planning, Adel Al-Fadhli said the price of gold improved after the...
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Malaysian official touts Kuwait as important oil partner
KUALA LUMPUR: Secretary-General of the Malaysian Foreign Ministry Amran Mohammad said Friday Kuwait is an important partner in the sector of oil explorations, urging closer investment relations between both countries. The Malaysian official made the remark while welcoming outgoing Kuwaiti Ambassador to Malaysia Hamad Burahma, pointing out bilateral oil partnership through Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Malaysia's...
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Photo of the Day
DAKAR, Senegal: A Senegalese voter casts his ballot in Dakar on July 31, 2022 during the July 2022 legislative elections in Senegal. - AFP
Senegal elects parliament in test for presidential vote
DAKAR: Senegal on Sunday voted in parliamentary elections the opposition hopes will force a coalition with President Macky Sall and curb any ambitions he may hold for a third term. Sixty-year-old Sall, who was elected in 2012 for seven years then re-elected in 2019 for another five, has been accused of wanting to break the two-term limit and run again in 2024.He has remained vague on the subject, but any defeat of his supporters in the vote could...
KHARKIV: Picture taken and released by Ukrainian Emergency Service on July 31, 2022 shows a firefighter pushing out a fire in a building after shelling in Kharkiv, amid the Russian invasion of Ukraine. - AFP
Drone attack hits Crimea navy HQ: Russia
KYIV, Ukraine: Russia said an attack from a drone Sunday wounded six personnel at the headquarters of its Black Sea fleet in annexed Crimea, as authorities in Ukraine's southern city of Mykolaiv reported it had suffered its "strongest" shelling of the war.AFP journalists witnessed an intense bombardment of the eastern town of Bakhmut after President Volodymyr Zelensky called in a late night address for civilians to leave the front line Donetsk...
KUWAIT: A view of the downtown Kuwait from the top of Al-Hamra Towers. - Photo by Yasser Al-Zayyat
Kuwait needs clear strategic plan to limit climate change impacts: Expert
By Majd OthmanKUWAIT: Global economies, particularly GCC economies must draw a strategic plan to weather the possible impacts of climate change on their economies, a Kuwaiti economist said, pointing out that such a clear strategy could help Kuwait economy cushion the current and future effects of climatic turbulences. Talking to Kuwait Times on the implications of climate change on global economies, economist Nader Al-Obaid also discussed in...
TAEZ, Yemen: A Yemeni beekeeper checks his beehives at a farm in Yemen's third city of Taez, on June 28, 2022. Experts consider Yemeni honey as one of the best in the world, including the prized Royal Sidr known for its therapeutic properties. - AFP
Yemen's ancient honey production a victim of war, climate change
TAEZ, Yemen: For Yemeni beekeeper Mohammed Saif, honey production used to be a lucrative business but years of war and climate change have taken the buzz out of the family hives. The business, handed down from father to son, "is slowly disappearing", Saif told AFP. "The bees are being hit by strange phenomena. Is it due to climate change or the effects of war? We really don't know."Yemen, one of the world's most impoverished countries, has been...
NEW YORK: In this file photo taken on November 07, 2013, a banner with the logo of Twitter is set on the front of the New York Stock Exchange in New York. -- AFP
Elon Musk fires back at Twitter in court battle
SAN FRANCISCO: Elon Musk on Friday filed claims against Twitter as he fights back against the tech firm's lawsuit demanding he be held to his $44 billion buyout deal. Musk's counter-suit was submitted along with a legal defense against Twitter's claim that the billionaire is contractually bound to complete the deal he inked in April to buy Twitter, the Chancery Court in the state of Delaware said in a notice.The 164-page filing was submitted as...
WASHINGTON: US President Joe Biden arrives to a meeting on the US Economy with CEOs and members of his Cabinet in the South Court Auditorium of the White House in Washington, DC. -- AFP
US prices accelerate in June, outpacing gains in income
WASHINGTON: A key US inflation measure accelerated again in June, outpacing gains in income, government data showed Friday, heaping pressure on President Joe Biden and policymakers trying to ease the pain for American families.The data showing the biggest inflation surge in four decades comes on the heels of dismal economic growth figures and another super-sized interest rate increase by the Federal Reserve. The Fed's preferred inflation gauge,...
LEICESTER: Liverpool's team players celebrate with the trophy after winning the English FA Community Shield football match between Liverpool and Manchester City at the King Power Stadium in Leicester on July 30, 2022. - AFP
Nunez outshines Haaland as Liverpool beat Man City to Community Shield
LEICESTER: Liverpool struck first blood against Manchester City ahead of the new Premier League season as Darwin Nunez made an instant impact for Jurgen Klopp's men to win the Community Shield 3-1 on Saturday. In a tale of two big summer signings, Nunez came off the bench to win a penalty and score his first goal since a 75-million euro ($77 million) move from Benfica, while Erling Haaland had a City debut to forget."He's good," said Klopp on...
LEIPZIG: Bayern Munich's Senegalese forward Sadio Mane lifts the trophy after the German Supercup football match between RB Leipzig and FC Bayern Munich in Leipzig, on July 30, 2022. - AFP
Mane opens Bayern account in German Super Cup triumph
BERLIN: Sadio Mane opened his competitive goal-scoring account for Bayern Munich as the Bundesliga champions defeated Leipzig 5-3 to capture the German Super Cup for a 10th time on Saturday. The African Player of the Year, who ended a six-year stint at Liverpool to move to Bavaria in the summer, also had two goals ruled out for offside in the game played at Leipzig's Red Bull Arena."I'm really happy to win my first game and first trophy. You...
Fatima Hayat
43 female athletes included in partial professionalism system
By Abdellatif SharaaKUWAIT: Member of Kuwait Olympic Committee Board of Directors Fatima Hayat said "43 female athletes will be included in the "partial professionalism" system for 2022-2023, representing nine federations for the first time in the history of Kuwait's sport, and this is with the second phase of partial professionalism that was declared by Acting Public Authority for Sport Director Dr Saqer Al-Mulla last week.Hayat, also the...