Talal | Kuwait Times Newspaper

Kuwait Times

Dr. Mohammad nYousef Al-Hashel

Local banks may have to raise capital: CBK

Dr. Mohammad Yousef Al-Hashel KUWAIT: Governor of the Central Bank of Kuwait Mohamed Al-Hashel said that the results of severe stress tests conducted by banks in the recent past are reassuring, with varying degrees from one bank to another. The results also suggest that the local banks may be required to increase their capital, sources told the Al-Rai newspaper.Al-Hashel added, during a meeting with banks’ CEOs, that the Central Bank will be...

No Image

Boursa Kuwait AGM approves cash dividend of over KD 5m for 2019

KUWAIT: Boursa Kuwait Securities Company (BKSC) held its E-Annual General Assembly (AGM) meeting for the year ended 31 December 2019 on Tuesday, June 9, 2020. During the meeting, which was held virtually as part of the company’s commitment to ensuring the safety of its shareholders and in line with the preventive measures introduced by the Kuwaiti government to curb the spread of COVID-19, the Board of Directors’ (BoD) recommendation to...

Faisal M Sarkhou

CI reaffirms corporate rating for Kamco Invest

Faisal M Sarkhou KUWAIT: Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, announced yesterday that Capital Intelligence Ratings has reaffirmed the Long- and Short-Term Corporate Ratings of Kamco Invest at ‘BBB’ and ‘A3’, respectively. Despite the impacts on the Kuwait economy from the sharp drop in oil prices and Covid-19, the Outlook on the ratings remains Stable.In its rating report,...

No Image

Kuwait reports 630 new coronavirus cases, 4 deaths

KUWAIT: The ministry of health announced Tuesday 630 new coronavirus infections in the past 24 hours, raising the total to 33,140 cases. The ministry’s spokesperson Dr Abdullah Al-Sanad said in his daily briefing that four new deaths were also recorded in the same period, raising the toll of fatalities from the virus to 273 since the outbreak of the pandemic in the country. He said some of the cases contracted the virus due to contacts and...

BARCELONA: This handout picture made available by FC Barcelona shows (fromL) Barcelona’s Uruguayan forward Luis Suarez and Barcelona’s Argentine forward Lionel Messi attending a training session at the Ciutat Esportiva Joan Gamper in Sant Joan Despi on June 8, 2020. Lionel Messi trained again with his teammates to give Barcelona a massive boost ahead of their La Liga return against Mallorca next June 13, 2020. Messi has been suffering from tightness in his right thigh and had not trained fully since last week. — AFP

La Liga gets its wish for season return

BARCELONA: This handout picture made available by FC Barcelona shows (fromL) Barcelona’s Uruguayan forward Luis Suarez and Barcelona’s Argentine forward Lionel Messi attending a training session at the Ciutat Esportiva Joan Gamper in Sant Joan Despi on June 8, 2020. Lionel Messi trained again with his teammates to give Barcelona a massive boost ahead of their La Liga return against Mallorca next June 13, 2020. Messi has been suffering from...

Paderborn's English midfielder Anthony Evans (R) and Leipzig's German forward Timo Werner vie for the ball during the German first division Bundesliga football match RB Leipzig v SC Paderborn 07 on June 6, 2020 in Leipzig, eastern Germany. (Photo by HANNIBAL HANSCHKE / POOL / AFP) / DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO

‘Turbo Timo’ Werner gives new-look Chelsea goal threat

Paderborn's English midfielder Anthony Evans (R) and Leipzig's German forward Timo Werner vie for the ball during the German first division Bundesliga football match RB Leipzig v SC Paderborn 07 on June 6, 2020 in Leipzig, eastern Germany. -AFP LONDON: When Timo Werner seals his imminent move from RB Leipzig to Chelsea, the German’s turbulent rise from national pariah to one of Europe’s most feared forwards will be complete.Chelsea are...

AUGUSTA: File photo shows Tiger Woods of the United States celebrates after sinking his putt on the 18th green to win during the final round of the Masters at Augusta National Golf Club on April 14, 2019 in Augusta, Georgia. — AFP

US PGA Tour season resumes with star-studded field at Charles Challenge

AUGUSTA: File photo shows Tiger Woods of the United States celebrates after sinking his putt on the 18th green to win during the final round of the Masters at Augusta National Golf Club on April 14, 2019 in Augusta, Georgia. — AFP HONG KONG: Top-level golf returns from its coronavirus shutdown Thursday as the US PGA Tour season resumes with a star-studded field at the Charles Schwab Challenge at Colonial in Fort Worth, Texas.AFP Sport looks...

COLOMBO: File photo of West Indies’ Darren Bravo plays a shot during the first one day international (ODI) cricket match between Sri Lanka and West Indies at the Sinhalese Sports Club (SSC) International Cricket Stadium in Colombo. Bravo was among three West Indies cricketers to turn down a chance to tour England to play three back-to-back Tests in July, Cricket West Indies (CWI) announced on June 3, 2020. — AFP

Windies’ arrival in England a boost for cricket

COLOMBO: File photo of West Indies’ Darren Bravo plays a shot during the first one day international (ODI) cricket match between Sri Lanka and West Indies at the Sinhalese Sports Club (SSC) International Cricket Stadium in Colombo. Bravo was among three West Indies cricketers to turn down a chance to tour England to play three back-to-back Tests in July, Cricket West Indies (CWI) announced on June 3, 2020. — AFP LONDON: International...

No Image

Michele accused of making former Glee co-star Ware’s life a ‘living hell’

Lea Michele has been accused of making life a “living hell” for ‘Glee’ co-star Samantha Ware. Samantha joined the musical TV show - which Lea starred in - for its sixth and final season in 2015 and after Lea took to social media in support of the Black Lives Matter movement, following the death of George Floyd at the hands of the police, Samantha called her out for being hypocritical. Lea, 33, wrote: “George Floyd did not deserve...

Zain Vice-Chairman and Group CEO, Bader Al-Kharafi

Zain publishes annual sustainability report titled ‘The Road to the Future’

• Bader Al-Kharafi: “Now more than ever, the need for a fundamental systemic change is central to the region’s transformation and growth”• Zain Group included in FTSE4Good Index Series, recognizing company’s ESG standards•Report focuses on providing Meaningful Connectivity through digitalization, whereby Zain aims to unlock the opportunities of the Sustainable Development Goals (SDGs) Zain Vice-Chairman and Group CEO, Bader...

No Image

Two days ago I wanted to go out for a walk, but as soon as I opened the door, I almost fainted because a very strong and obnoxious odor struck my nose. I slammed the door shut and was denied my walk. I found the smell was from a trash bag left on the stairs by someone, without consideration what such an act may do to the 20 families living in the five-storey building.Many people blame the government or the municipality for leaving the streets...

ISLAMABAD: Commuters make their way along a motorway as they enter Pakistan’s capital city Islamabad. Pakistan’s Prime Minister Imran Khan announced his government would end several months of coronavirus restrictions. — AFP

Pakistan’s hospitals running out of beds as virus cases surge

ISLAMABAD: Commuters make their way along a motorway as they enter Pakistan’s capital city Islamabad. Pakistan’s Prime Minister Imran Khan announced his government would end several months of coronavirus restrictions. — AFP ISLAMABAD: Pakistan has recorded more than 100,000 cases of coronavirus, health authorities said Monday, as hospitals warned they are running out of beds to treat patients. Pakistan - and neighbors India and Afghanistan...

most read

1

No Image

Kuwait shivers in subzero cold

2

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

3

DAMASCUS: People chat at a pub on Dec 13, 2024. - AFP

Syrian pubs warily reopen

4

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

5

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