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Boubyan Bank records net profit of KD 61.1m for 9-month period in 2023
KUWAIT: Boubyan Bank has announced outstanding financial results for the period ending 30 September 2023, with KD 61.1 million in net profits, at a growth rate of 26 percent compared with last year, with the earnings per share of 13.9 fils. Boubyan Bank’s Vice-Chairman & Group Chief Executive Officer Adel Al-Majed stated: “Thanks to Almighty Allah, Boubyan Bank had a solid financial performance during Q3, and recorded a positive growth...
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NBK reports KD 431.1 million in net profit for 9 months of 2023
KUWAIT: National Bank of Kuwait (NBK) has announced its financial results for the nine-month period ended 30 September 2023.The bank reported a net profit of KD 431.1 million ($1.4 billion), compared to KD 374.2 million ($1.2 billion) for the corresponding period in 2022, improving by 15.2 percent year-on-year. In the three-month period ended September 30, 2023, NBK achieved a net profit of KD 155.8 million ($504.1 million), demonstrating an...
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Early stages of parenthood, a challenging phase
By Faten OmarKUWAIT: Becoming a new parent can be an overwhelming experience, and many find themselves grappling with the challenges that come with their first child. Kuwait Times spoke with several new parents to gather insights on how to best prepare for the journey of raising a child to provide valuable guidance for those navigating the early stages of parenthood.Ahmed Al-Farhoud advised parents to surround themselves with a support network,...
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Rehiring professionals? MoH weighing options
By Majd OthmanKUWAIT: In a recent article that was published by the author, Iqbal Al-Ahmad, in one of the Arabic local newspapers, she warned of the random decisions that are being taken in the country that would not only negatively affect the country's strategies but also cause losses for the financial budget of the country.The article indicated that the previous decision included the end of service of experienced doctors at the Ministry of...
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Nintendo, Sony face off with new Mario and Spider-Man games
Nintendo and Sony have a lot riding on two new releases this Friday, “Marvel’s Spider-Man 2” for the PlayStation 5 and “Super Mario Bros Wonder” on the Switch. That’s where the similarities stop: the two games on rival consoles and their target audiences could hardly be more different.Veterans Mario, the moustachioed plumber in a red cap created by Shigeru Miyamoto, revolutionized gaming in 1985 with “Super Mario Bros”. It was...
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How a Bronze Age rock became a ‘treasure map’ for researchers
A piece of rock with mysterious markings that lay largely unstudied for 4,000 years is now being hailed as a “treasure map” for archaeologists, who are using it to hunt for ancient sites around north-western France. The so-called Saint-Belec slab was claimed as Europe’s oldest map by researchers in 2021 and they have been working ever since to understand its etchings—both to help them date the slab, and to rediscover lost monuments....
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Oasis frontman Liam Gallagher announces ‘Definitely Maybe’ tour
Oasis frontman Liam Gallagher on Monday announced a series of shows next year where he will perform his former band’s seminal debut album “Definitely Maybe”, but still without his brother Noel. The shows at Sheffield, Cardiff, London, Manchester, Glasgow and Dublin will mark the 30th anniversary of the release of the album that set the English band on the way to global superstardom. But fans hoping that the feuding brothers were set to put...
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Dutch art sleuth recovers six historic paintings
A Dutch art detective dubbed the “Indiana Jones of the Art World” has recovered another six paintings, including a portrait of William of Orange and the first depiction of a seventh-century king. Art sleuth Arthur Brand made headlines around the world last month when he recovered a stolen Van Gogh stuffed in an Ikea bag, and he believes that widely publicized success is leading to more discoveries.Thieves made off with the latest six...
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MPs call for special session in support of Palestinians
By B IzzakKUWAIT: Forty-eight MPs on Monday filed a motion calling to hold a special session on November 1 to express Kuwait’s National Assembly’s support and solidarity with the Palestinians against Zionist aggression on Gaza Strip. MP Hamad Al-Mudlej said he collected signatures of the lawmakers and submitted the motion to the National Assembly which is scheduled to open its new term on October 31.The lawmakers said in the motion, they are...
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Kuwaitis in US urged to keep low profile; Muslim boy killed
WASHINGTON: Kuwait Embassy in Washington on Monday urged its nationals to be cautious, follow local authorities' guidelines and steer clear of any random gatherings to ensure their own safety following sporadic demonstrations in some US cities. In a press release, obtained by Kuwait News Agency (KUNA), the Embassy asked Kuwaitis to contact it or any of its consulates in the US in case of emergency.Meanwhile, US President Joe Biden condemned the...
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Beyond rulers: US policy must echo Arab populace
The narrative of US foreign policy is rife with paradoxes, none more glaring than its stance on the Zionist-Palestinian conflict. The US champions democratic values globally, vehemently advocating for peaceful protests and freedom of speech in nations like Russia, China, and Iran. Yet, this fervor wanes dramatically with pro-Palestinian demonstrations, revealing a policy that values voices only when they echo the official...
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Gazans in despair as water supplies dwindle
RAFAH: In the southern Gaza Strip, scores of people line up at bathrooms, many of them not having showered for days after Israel cut off water, electricity and food following Hamas’s deadly assault. Ahmed Hamid, 43, fled Gaza City with his wife and seven children, heading to Rafah after the Zionist army on Friday warned residents of the north of the enclave to head south “for their own safety”. “We haven’t showered in days. Even going...
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Picture taken on May 15, 2024 shows Slovak Prime Minister Robert Fico being transported from a helicopter by medics and his security detail to the hospital in Banska Bystrica, Slovakia where he is to be treated after he had been shot "multiple times".--AFP photos
Alleged gunman charged with Slovak PM’s attempted murder
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BAQUBA: Iraqi paralympics table tennis athlete Najlah Imad, displays her medals at her house in Baqubah. – AFP
Iraqi car bomb survivor eyes gold in Paris
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TOKYO: People walk along an underground concourse leading to the subway in Tokyo on May 16, 2024. Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed May 16, in further bad news for its unpopular government.-- AFP
Japan economy suffers severe contraction in Q1