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Chinese developer misses $179 million bond repayment
BEIJING: Another Chinese property developer said yesterday it had defaulted on a major bond repayment.BEIJING: Another Chinese property developer said yesterday it had defaulted on a major bond repayment, citing liquidity problems amid a government crackdown on the debt-laden sector. China's real estate industry-a key growth driver in the world's second-largest economy-has cooled in recent months after Beijing tightened home buying rules and...
KUWAIT: A vendor displays Zubaidi (silver pomfret) at the main fish market in Kuwait City. Kuwait's consumer price inflation edged down slightly to 3.2 percent y/y in July versus June. - AFPn
Kuwait's inflation rate looks set to average around 3.0% in 2021
KUWAIT: A vendor displays Zubaidi (silver pomfret) at the main fish market in Kuwait City. Kuwait's consumer price inflation edged down slightly to 3.2 percent y/y in July versus June. - AFPKUWAIT: Kuwait's consumer price inflation edged down slightly to 3.2 percent y/y in July versus June but has trended higher over the past year. Price increases in the food, clothing, transport and recreation segments continue to drive the headline rate....
The United States is by far the world's biggest plastic polluter, according to a study released Wednesday.n
Texas bears brunt of US plastic pollution
The United States is by far the world's biggest plastic polluter, according to a study released Wednesday.Former shrimper Diane Wilson watches in disgust as a Taiwan-owned factory in Texas spews millions of plastic pellets into the Matagorda Bay. For years Wilson has been documenting this pollution by Formosa Plastics Group, the world's fourth largest plastic manufacturer. It set up shop in 1983 south of Houston in Point Comfort, near the waters...
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Huawei launches laptops MateBook 13s/14s in Kuwait
KUWAIT: Huawei Consumer Business Group (BG) yesterday announced the launch of the new Huawei MateBook 13s and the 14.2-inch Huawei MateBook 14s. As a new addition to the MateBook range designed for smart productivity, the new laptop is steeped in the MateBook DNA, combining aesthetic design, innovative features, and smart experience. Meanwhile, it breaks new ground with a 2.5K 90Hz Huawei FullView touch Display, 11th Gen Intel Core i7 high...
MANCHESTER: Manchester United's Portuguese defender Diogo Dalot (left) vies with Crystal Palace's Ivorian striker Wilfried Zaha during the English Premier League football match between Manchester United and Crystal Palace yesterday. - AFP n
Man United's Rangnick kicks off in style
MANCHESTER: Manchester United's Portuguese defender Diogo Dalot (left) vies with Crystal Palace's Ivorian striker Wilfried Zaha during the English Premier League football match between Manchester United and Crystal Palace yesterday. - AFPLONDON: Manchester United started the Ralf Rangnick era with a 1-0 win against Crystal Palace yesterday as Tottenham crushed Norwich 3-0 to extend their recent revival under Antonio Conte. Leeds struck late to...
KUWAIT: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah reads the invitation while meeting Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud. - KUNAn
Kuwait's Amir invited to 42nd GCC Summit
KUWAIT: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah reads the invitation while meeting Saudi Foreign Minister Prince Faisal bin Farhan Al-Saud. - KUNAKUWAIT: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah yesterday received an invitation, addressed to His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, from Saudi King Salman bin Abdulaziz to attend the 42nd session of the GCC Summit....
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Zain platinum sponsor of POP UP BY COMFEST
KUWAIT: Zain, the leading digital service provider in Kuwait, announced its platinum sponsorship of POP UP BY COMFEST 2021, Kuwait's biggest gaming and comics event. The event, which Zain supports for the second year running, welcomed huge crowds of gaming, comics, and pop culture fans.The event's opening ceremony witnessed the presence of Zain Group Chief Investment and Digital Transformation Officer Malek Hammoud and Zain Kuwait's Chief...
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Kuwait travel sector 'unfazed' by Omicron, recovery to continue
By Sajeev K PeterKUWAIT: Kuwait's travel industry remains largely unfazed in the face of the new Omicron coronavirus variant and continues on its path to full recovery from the devastating effect of the pandemic that has paralyzed the world for almost two years, local industry experts said. "There were some initial concerns and panic in the industry. We had some sudden cancellations of bookings as well. But concerns about the potential effect of...
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Kuwait agencies say extra charges for recruiting returned maids 'justified'
By Ben GarciaKUWAIT: Domestic helper agencies in Kuwait are charging employers more to recruit housemaids who were returned by their original employers as opposed to hiring a helper from abroad. There have been complaints in Kuwait alleging that offices are demanding excessive charges compared to the fixed KD 890 fee set by the government to recruit a housemaid. However, a representative of employment agencies in Kuwait said the offices usually...
KUWAIT: The buses provided by Kuwait Public Transport Company for the Souq Mubarakiya shuttle service. - Photos by Yasser Al-Zayyatn
Shuttle service helps end Souq Mubarakiya parking troubles
KUWAIT: The buses provided by Kuwait Public Transport Company for the Souq Mubarakiya shuttle service. - Photos by Yasser Al-ZayyatBy Nawara FattahovaKUWAIT: To make it easier for visitors of Souq Mubarakiya to access the market, Kuwait Public Transport Company (KPTC) has launched a new shuttle service. Visitors can park their vehicles at free parking lots in four different locations, then head to Mubarakiya by bus free of charge. The service...
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Gulf Bank concludes sponsorship of NUKS US Conference
KUWAIT: Gulf Bank has concluded its sponsorship of the conference of the National Union of Kuwaiti Students (NUKS) in the United States of America, which was launched last week as part of the bank's social sustainability program, which focuses on supporting Kuwaiti youth. Gulf Bank participated in the conference, which was held in Chicago, from 25 to 28 November, in several activities for Kuwaiti expatriate students. The bank's participation...
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$1 billion to people with special needs
KUWAIT: Kuwait Credit Bank granted a total of $1 billion in financial assistance to people with special needs in the past 10 years, the bank said yesterday. Around 37,000 persons have benefited from the disability grant since it was enacted by law in 2010, it noted, adding that the bank is always keen to promote and support humanitarian work in Kuwait. The services provided to people with special needs are available through the bank's online...
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Kuwait Integrated Petroleum Industries Company (KIPIC)
Massive fuel shortage forces electricity cuts in Kuwait
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KUWAIT: His Excellency the Deputy Prime Minister and Minister of Oil Dr Imad Mohamed Al-Ateeqi (center) is greeted by Prime Minister His Highness Sheikh Ahmad Al-Abdullah Al-Hamad Al-Sabah (second right) and other officials. — KUNA
Oil minister returns to Kuwait after treatment in Turkey
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EL KFOUR: Lebanon: People inspect the damage to a building after a Zionist airstrike in the southern town of Kfour, in the Nabatiyeh district, on August 17, 2024, amid the ongoing cross-border clashes between Zionist troops and Hezbollah fighters. – AFP
Hezbollah reveals its military muscle
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JAHRA: Part of the Al-Shagaya Concentrated Solar Power Project is seen in this photo taken from the Kuwait Institute for Scientific Research website.
KAPP shortlists companies for Dabdeba, Shagaya
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Interior Minister orders removal of violations in Failaka