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Kuwait’s inflation rises in 1Q20, to ease on softer economic conditions
KUWAIT: Consumer price inflation rose to 1.9 percent y/y in March from 1.7 percent in February and 1.5 percent at the end of 4Q19. The pick-up in inflation appears to have been driven by a combination of rising prices in the food and furnishing & household maintenance categories as well as by a lessening of deflation in housing rents.‘Core’ inflation, which excludes both food and housing, was quite strong at 3.1 percent. It is worth noting,...
LIANYUNGANG: An employee works at a textile machine factory in Lianyungang in China’s eastern Jiangsu province yesterday. China’s factory output rose again in May, while official data also showed retail sales improved further after collapsing at the start of the year.—AFP
China’s factory output inches higher
LIANYUNGANG: An employee works at a textile machine factory in Lianyungang in China’s eastern Jiangsu province yesterday. China’s factory output rose again in May, while official data also showed retail sales improved further after collapsing at the start of the year.—AFP BEIJING: China’s factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the...
RIYADH: In this file photo, a Saudi investor monitors the Saudi Stock Exchange (Tadawul).All major Gulf markets fell yesterday in line with oil and global stocks as growing fears of a second wave of coronavirus infections revived economic worries. — AFP
Gulf markets slip on fears of second wave
RIYADH: In this file photo, a Saudi investor monitors the Saudi Stock Exchange (Tadawul).All major Gulf markets fell yesterday in line with oil and global stocks as growing fears of a second wave of coronavirus infections revived economic worries. — AFP DUBAI/LONDON: All major Gulf markets fell yesterday in line with oil and global stocks as growing fears of a second wave of coronavirus infections revived economic worries. Saudi Arabia’s...
SHENYANG: Workers package rabies vaccine at a lab at the Yisheng Biopharma company, where researchers are trying to develop a vaccine for the COVID-19 coronavirus, in Shenyang, in China’s northeast Liaoning province. —AFP
China virus cluster grows
SHENYANG: Workers package rabies vaccine at a lab at the Yisheng Biopharma company, where researchers are trying to develop a vaccine for the COVID-19 coronavirus, in Shenyang, in China’s northeast Liaoning province. —AFP BEIJING: China reported dozens of new coronavirus cases for the second consecutive day yesterday as a growing cluster of infections stoked fears of a second wave, while more borders were opened in Europe ahead of the summer...
LIMA: Workers carry a coffin made of Mapresa (pressed wood) to be stored at a factory at Juan de Lurigancho district in Lima amid the COVID-19 coronavirus pandemic. — AFP
Peru frees 1,500 inmates out of fear of COVID-19
LIMA: Workers carry a coffin made of Mapresa (pressed wood) to be stored at a factory at Juan de Lurigancho district in Lima amid the COVID-19 coronavirus pandemic. — AFP LIMA: Peru has freed 1,500 inmates over the past two months to ease overcrowding in prisons that have seen riots and deaths from the coronavirus. The announcement of the freeing of people serving time for minor offenses was made in a weekend statement by Justice Minister...
CHICAGO: Photo shows transplant surgeon, Ankit Bharat, at Northwestern Memorial Hospital in Chicago. Surgeons have performed a double-lung transplant on a COVID-19 patient in Chicago, the hospital that carried out the procedure said Thursday, in what is thought to be a first in the US. —AFP
Record spikes in new coronavirus cases sweep US
CHICAGO: Photo shows transplant surgeon, Ankit Bharat, at Northwestern Memorial Hospital in Chicago. Surgeons have performed a double-lung transplant on a COVID-19 patient in Chicago, the hospital that carried out the procedure said Thursday, in what is thought to be a first in the US. —AFP TEXAS: New coronavirus cases and hospitalizations in record numbers swept through more US states, including Florida and Texas, as most push ahead with...
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454 new coronavirus infection cases in Kuwait, 7 deaths
KUWAIT: The Ministry of Health announced Sunday 454 new infections of the novel coronavirus (COVID-19), raising the total to 35,920. Deaths reached 296 with the addition of seven fatalities. The official spokesperson of the Ministry of Health Dr Abdullah Al-Sanad said in a press conference that the 454 infections included 193 Kuwaitis, 68 Indians, 35 Bangladeshis, 68 Egyptians, and the rest of other nationalities. Currently, there are 171...
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UK, Italy showing the way on combating climate change
Italian Ambassador Carlo BaldocciBritish Ambassador Michael Davenport By British Ambassador Michael Davenport and Italian Ambassador, Carlo BaldocciThe World is combating a monumental challenge in handling the coronavirus pandemic. As well as being a health crisis, it will change the face of the global economy, possibly forever. And beyond COVID-19, we face another crisis - the rapidly changing climate. Kuwait and the Gulf will feel these...
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Jahra police on lookout for doctor’s attacker
KUWAIT: Jahra district attorney ordered the arrest and summon of an Arab man who allegedly assaulted a doctor physically and verbally, leaving him with a broken leg, Al-Anbaa reported. In this regard, security sources stressed that the suspect would be arrested shortly as he is already identified through the civil ID of his son, whom he had taken to the doctor for treatment.Notably, Interior Ministry operations had received a report about a...
Sheikh Salem Al-Ali
Sheikh Salem Al-Ali Award marks 20th anniversary
Sheikh Salem Al-Ali KUWAIT: Today marks the  20th anniversary of launching the Sheikh Salem Al-Ali Al-Sabah Informatics Award, which started in 2001 as the first informatics award in the Arab World.In this regard, chairperson of the award’s board of trustees Sheikha Ayeda Salem Al-Ali Al-Sabah expressed her pride in responding to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s call to adapt new methodologies in the...
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Loan sharks in Kuwait exploit cash-strapped expatriates
By Ben Garcia KUWAIT: The closure of thousands of businesses due to the coronavirus pandemic has hit expatriates in Kuwait hard, with hundreds of thousands now out of work with no or partial salaries. To buy food, pay rent and send money to family dependent on their salaries back home, some expatriates are turning to loan sharks. Though illegal, the practice is rampant and traps many in a lifelong cycle of indebtedness.Angel, 37, has two loans...
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Zain Group joins Hedera Governing Council to create safer, fairer, more secure internet
KUWAIT: Zain Group [Kuwait Boursa, stock ticker: ZAIN], a leading mobile telecom innovator serving 49.5 million customers in eight markets across the Middle East and Africa today announces it is joining the highly innovative Hedera Governing Council.Zain is the first company from the Middle East region to participate on the Council, joining a list of prestigious global innovators including Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay),...
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KUWAIT: HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah receives Crown Prince of Jordan Al-Hussein bin Abdullah II at Bayan Palace on Dec 15, 2024. - Amiri Diwan
Jordan Crown Prince visits Kuwait
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DAMASCUS: People chat at a pub on Dec 13, 2024. - AFP
Syrian pubs warily reopen
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SEATTLE: Kuwait's Undersecretary of Finance Aseel Al-Munifi and Microsoft's Executive Vice President of Public Sector Angela Heise sign a memorandum of understanding during a meeting in the presence of officials. — KUNA
Ministry of Finance, Microsoft sign deal to advance digitization
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Kuwait shivers in subzero cold
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DAMASCUS: People react as they search for their missing relatives among bodies recovered at the Saydnaya prison, at the morgue of the Damascus Hospital, also known as the Mujtahid Hospital, on Dec 15, 2024. - AFP
‘Endless torture’: Inmate recalls hell of Syrian jails