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A barricade is pictured in front of the National Academic Theater of Opera and Ballet in Odessa.- AFP photosn
Ballet greats unite for Ukraine's benefit gala
World famous ballet dancers from Russia and Ukraine, Argentina, Cuba, France and Japan come together on Saturday for a gala to raise funds for Ukraine and send a message of peace. "We as artists have talent and we need to use this talent to say what we believe in," Ukraine's Ivan Putrov, co-organiser of the event to be held at the English National Opera's London Coliseum, told AFP."Art has a voice and is the voice that we use," said Putrov, who...
Abdulla Al-Tuwaijrin
Nomo Bank launches Apple Pay for all its customers
KUWAIT: Nomo Bank, the digital bank of the Bank of London and the Middle East "BLME", a subsidiary of Boubyan Bank Group, has launched Apple Pay service for all its customers. Apple Pay is the most secure digital payment method allowing the bank's customers to process all their transactions using Apple's smart devices (iPhone, iPad, Mac, and Apple Watch). This is a very important step towards using the bank's digital services, making it easier...
KUWAIT: National Assembly Speaker Marzouq Al-Ghanem is seen during a special parliamentary session yesterday. - Photo by Yasser Al-Zayyatn
KD 3,000 grant to pensioners in limbo after govt-Assembly row
By B IzzakKUWAIT: The KD 3,000 grant to pensioners, announced by the government this week, appears to be in doubt after disagreements between MPs and the government regarding a draft law to amend pension legislation. During a special Assembly session yesterday, the government included the grant, covering some 200,000 pensioners and costing KD 589 million, in amendments to the pensions agency law, which called for raising the retirement age by...
BRIZE NORTON, England: Nazanin Zaghari-Ratcliffe and Anoosheh Ashoori, who were freed from Iran, gesture after landing yesterday. - AFP n
British-Iranians reunited with family in UK
LONDON: Two British-Iranians imprisoned for years in Iran were reunited with their families in the early hours yesterday, tears of joy and long hugs marking the culmination of years of campaigning and earlier false hopes. Their release on Wednesday came as the British government confirmed it had paid a longstanding debt over a cancelled defense contract, and as major powers inch closer to renewing the Iran nuclear deal in Vienna.Nazanin...
CAIRO: An Egyptian man works in a bakery at a market yesterday. - AFPn
War in Ukraine wheat belt hits Egypt pockets
CAIRO: Soaring bread prices sparked by Russia's invasion of Ukraine have bitten into the purchasing power of consumers in Egypt, a leading importer of wheat from the former Soviet states. For the first time since he took office, President Abdel Fattah Al-Sisi on Tuesday ordered a price cap on unsubsidized bread after the cost of the Egyptian staple rose by as much as 50 percent.The move is designed to cushion the invasion's impact on a country...
KUWAIT: Photo shows Central Bank of Kuwait building in Kuwait City. n
Central Bank of Kuwait raises discount rate to 1.75 percent
KUWAIT: The Central Bank of Kuwait (CBK) has announced raising the discount rate from 1.50 percent to 1.75 percent. A CBK press release said as part of the Bank's vigilant monitoring of domestic and international economic and geopolitical developments in addition to monetary policy trends in the global economies, as well as in light of the Federal Reserve's decision passed in its meeting held on 15-16 March 2022 to raise the dollar interest rate...
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PAM, Sierra Leone Embassy ink MoU
By Nawara FattahovaKUWAIT: The Public Authority for Manpower (PAM) signed a memorandum of understanding with the Embassy of Sierra Leone on recruiting private sector and domestic workers during a meeting held yesterday. PAM plans to open channels for recruiting workers from new countries and increase the number of countries from which Kuwait recruits laborers for both the private and domestic sectors.The meeting concluded with drafting the final...
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Kuwait, GCC and US conduct military drills in Colorado
KUWAIT: The military exercises (Eagle Resolve 2022) concluded at (Fort Carson) base in the US state of Colorado, under the guidance of Kuwait Army, and with participation of GCC States, USA and friendly countries. In a statement, Kuwait Defense Ministry said yesterday, that the two-week exercise aimed to enhance regional defense cooperation between the GCC countries and other friendly countries.The drill included a command center exercise (CPX)...
KUWAIT: A handout photo released by the official Kuwaiti News Agency shows the Al-Ahmadi refinery south of Kuwait City. Kuwait National Petroleum Company (KNPC) has announced launching the fifth liquified gas line at Mina Al-Ahmadi refinery, the company's second largest project after the clean fuel project. n
Kuwait's oil gains $2.63
KUWAIT: Kuwait crude oil gained $2.63 during trading sessions to reach $105.05 per barrel as opposed to $102.42 pb the day before, Kuwait Petroleum Corporation (KPC) said yesterday. Benchmark Brent futures dropped $1.89 to $98.02 pb and West Texas Intermediate lost $1.40 to close at $95.04 pb.  Meanwhile, the price for OPEC's daily basket of crude went up by $1.20 to $104.06 per barrel (pb) on Wednesday, compared with $102.86 pb Tuesday, the...
Sheikh Mubarak Abdallah Al-Mubarak Al-Sabahn
Chairman of Petrochemicals Industries Company resigns
KUWAIT: Chairman of the Board of Qurain Petrochemicals Industries Company Sheikh Mubarak Abdallah Al-Mubarak Al-Sabah resigned his post following the announcement by Kuwait projects company -Holding - (KIPCO) and Qurain petrochemicals industries about a preliminary agreement to merge. Sheikh Mubarak Al-Sabah was Chairman of Qurain since it was founded - over 15 years, and was one of the company's success pillars as chairman.The company witnessed...
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ABK concludes National and Liberation Day celebrations
KUWAIT: Al Ahli Bank of Kuwait (ABK) concludes its National and Liberation Day celebrations. In order to honor our country and display our pride, ABK held a broad range of internal and external initiatives. An important part of ABK's campaign was the creation of the festive song entitled 'Omri L'ahli'with acclaimed Kuwaiti artist Essa Al Marzouq. Kuwait has enriched the lives of so many and has provided infinite opportunities to people from all...
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KFH concludes eventful national days program
KUWAIT: Kuwait Finance House (KFH) concluded its integrated national days program which has comprised various activities and events for the customers and the public in its campaign "Kuwait is Precious Forever". KFH has also launched the national days TVC which has gathered record number of views on day one of its launch.  KFH organized a series of events, namely the national days related event (Morouj) to share with the customers and the public...