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Kuwait's Crown Prince, Chinese President Hold summit talks in Hangzhou
HANGZHOU: His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and Chinese President Xi Jinping held summit talks at the West Lake in Hangzhou, China, on Friday. His Highness the Crown Prince conveyed greetings of His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and extended an official invitation for President Xi to visit the State of Kuwait.The two leaders discussed the historic bilateral relations which dated...
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Kuwait considers agreement to regulate navigation in Khor Abdullah effective: Prime Minister
NEW YORK: Representative of His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Jaber Al-Sabah affirmed on Thursday that Kuwait considers the agreement to regulate navigation in Khor Abdullah waterway valid and in full force. "The State of Kuwait will consider the agreement to regulate navigation in Khor Abdullah waterway and the security swap protocol, effective because of...
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US committed to protecting Kuwait's sovereignty: Blinken
NEW YORK: The US is committed to the protection of Kuwait's security, safety, sovereignty and territorial integrity, as well as the security of the Gulf region, Secretary of State Antony Blinken said on Monday. He made his statement following a GCC-US ministerial meeting held in New York on the sidelines of the 78th session of the UN General Assembly. During the meeting, Kuwait's Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah presented...
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10,000 children under 12 seek skin treatment in Kuwait every year
KUWAIT: Thirty percent of patients with skin diseases at Mubarak Hospital suffer from atopic eczema, said Dr Manar Al-Enezi, the head of the dermatology ward at the hospital, adding that more than 10,000 children under 12 years of age report to dermatology clinics in the country per year. Dr Enezi said in a statement upon launch of an awareness campaign against the disease on Sunday that the effort is aimed at educating the public about causes of...
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Kuwait and Hungary to seal investment protection deal
By Faten OmarKUWAIT: Hungarian Deputy Minister of Defense Tamás Vargha shared with Kuwait Times an upcoming milestone in Hungary's economic diplomacy as the country prepares to sign an investment protection agreement with Kuwait in the coming year. This agreement underscores Hungary's commitment to nurturing economic ties with Gulf region countries and solidifying its position as a hub for investment and trade in Central Europe.With Hungary's...
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One Kuwait for all
In the face of natural disasters, wars, tragedy and death, human beings continue to create laws to persecute minorities and alienate those we consider foreigners. One wonders: What will it take for humans to wake up from our stupor of separation? And why do we think nationalism is the panacea to our suffering? If we don't come together to address global issues, we are bringing about our own destruction. But first, as they say, charity...
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Fitch affirms Kuwait rating at 'AA-'; outlook stable
LONDON: Fitch Ratings has affirmed Kuwait’s long-term foreign-currency issuer default rating (IDR) at ‘AA-‘ with a stable outlook. Key rating driversFundamental rating strengths and weaknesses: Kuwait’s ‘AA-‘ rating balances its exceptionally strong fiscal and external balance sheets against a political context that makes fiscal consolidation and other reforms difficult, evidenced by the absence of meaningful fiscal adjustment and...
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Saudi seeks e-sports success through homegrown hit games
RIYADH: Young Saudis wander through a museum of video game history stretching from the original Pac-Man to PlayStation 5, a project intended to inspire them to create their own blockbuster titles. The display of consoles and arcade machines from the past half-century is part of Gamers8, an eight-week festival of eSports tournaments in the capital Riyadh, with a prize pool totaling $45 million.Saudi Arabia has made no secret of its passion for...
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Kuwait's non-oil GDP growth up 4.0% in 2022: IMF
KUWAIT: Kuwait's non-oil GDP growth rose to an estimated 3.4 percent in 2021, benefiting from a recovery in domestic and external demand, and strengthened further to 4.0 percent in 2022, said the International Monetary Fund (IMF) on Wednesday. A press release by the IMF revealed that the fund's Executive Board concluded the Article IV consultation with Kuwait and considered and endorsed the Staff Appraisal on a lapse-of-time basis without a...
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Kuwait's scorching summers a warning for heating planet
KUWAIT: As the blazing summer sun beats down on Kuwait, shoppers stroll down a promenade lined with palm trees and European-style boutiques, all without breaking a sweat. In one of the world's hottest desert countries, it's all made possible by architecture and technology: the entire street is located inside the heavily air-conditioned Kuwait City shopping mall. Outside, where temperatures now often soar around 50 degrees Celsius (120 degrees...
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Boursa Kuwait records net profit of KD 8.42 million for H1 of 2023
KUWAIT: Boursa Kuwait announced its financial results for the first half of 2023, recording a net profit of KD 8.42 million during the period ended 30 June 2023, which represented a decrease of 21.4 percent compared to the first half of 2022. The decline can be attributed primarily to lower trading activity compared to the exceptional trading activities witnessed in the same period of 2022, which were the highest first half results for the...
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Ooredoo, Zain and TASC Towers Holding enter exclusive negotiations to create an independent tower company comprising up to 30,000 towers
DOHA/KUWAIT/ABU DHABI: Ooredoo announced that Ooredoo Group has entered exclusive negotiations with Mobile Telecommunications Company (Zain Group) and UAE based TASC Towers Holding to combine their approximately 30,000 telecommunication tower assets in Qatar, Kuwait, Algeria, Tunisia, Iraq and Jordan into a jointly owned independent tower company in a cash and share deal.This new partnership will form the largest tower company in the MENA region....
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KUWAIT: Officials and citizens carry the body of Kuwaiti firefighter Abdullah Al-Farsi before he was laid to rest at Sulaibikhat Cemetery on Nov 23, 2024. — KUNA
Kuwait honors martyred fireman
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Bone fragments of the fossil skeleton of 'Lucy' are displayed at the National Museum of Ethiopia in Addis Ababa.--AFP photos
Human ancestor Lucy still has secrets 50 years after discovery
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A Kuwaiti folklore group performs at the ceremony.
Kuwait hosts Gulf Weeks ahead of 45th GCC summit
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UFO's in Kuwait?
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stc implementing stock option plan to enhance work environment