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Latest News
Gazans ‘afraid to sleep’ amid Zionist bombardment
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Harris bets US is ready for first black woman president
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Protests spread after Indian doctor’s rape and murder
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Belarus says Ukraine amassing troops at border
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MEW: Power cuts in high-consumption Industrial areas in Kuwait
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Gazans ‘afraid to sleep’ amid Zionist bombardment
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Harris bets US is ready for first black woman president
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Protests spread after Indian doctor’s rape and murder
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Belarus says Ukraine amassing troops at border
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MEW: Power cuts in high-consumption Industrial areas in Kuwait
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Kuwait Times
KDIPA renews MoU with Oxford Business Group
KUWAIT: Director General of KDIPA Sheikh Meshaal Jaber Al-Ahmad Al-Sabah and OBG’s Country Director Jennifer Poole during the signing of the MoU.KUWAIT: The Kuwait Direct Investment Promotion Authority (KDIPA) has renewed its memorandum of understanding (MoU) with OBG as a primary partner for the publishing firm's forthcoming report on the country. Under the MoU, the authority - a longstanding partner of the group - will facilitate OBG's...
DHL Express broadens its market share in Kuwait
Kuwait's courier market volume is growing: Official DHL Express Kuwait’s Country Manager Amr Tantawy during the interview. —Joseph ShagraKUWAIT: DHL Express Kuwait, a leading express logistics provider, has broadened its market share in Kuwait with a customer-centric strategy and innovative services and solutions. Speaking to Kuwait Times in an interview, Kuwait Country Manager Amr Tantawy gave a snapshot of DHL Express' operations in Kuwait...
Kuwait inflation slips to a multi-year low of 0.5%
Deflationary housing costs compoundedKUWAIT: Consumer price inflation slipped to a multi-year low of 0.5 percent in September, as deflationary housing costs were compounded by the fading impact of last year's fuel price hikes. Inflation excluding housing rent and food costs, dipped from 4.2 percent y/y in August to 2.4 percent y/y in September, highlighting the impact of fuel price hikes imposed in September 2016. Meanwhile, there have been some...
AAOIFI conference discusses key hurdles to Islamic finance
KFH participates in the event as main sponsor Isa Duwaishan with some AAOIFI participantsKUWAIT: Kuwait Finance House Group (KFH-Group) participated in the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conference as a main sponsor. The conference was held in the Kingdom of Bahrain on the 5th and 6th of November 2017.The conference was convened in partnership with the World Bank and under the sponsorship of the...
HUAWEI Mate 10 Series takes ME and Africa region by storm
More faster mobile experience with Kirin AI processorDUBAI: Huawei Consumer Business Group (CBG) has unveiled the world's most powerful AI flagship smartphones - the HUAWEI Mate 10 Series in the Middle East & Africa region. Heralding a new decade of smartphone development, the new HUAWEI Mate 10, HUAWEI Mate 10 Pro and PORSCHE DESIGN HUAWEI Mate 10 devices are set to deliver the ultimate intelligent experience for regional consumers by providing...
Film Review: 'Murder on the Orient Express' is a lavish romp
A perfectly decent adaptation of Agatha Christie’s novelKenneth Branagh's "Murder on the Orient Express " is a visual feast, bursting with movie stars, glamour and production value so high, you might just exit the theater experiencing some time-warp whiplash. Certainly no studio would make a straightforward, classical whodunit with a budget the size of a modest superhero pic (and no superheroes to speak of) nowadays, you think. What year is...
Story of Louis Vuitton: As travel evolved, so did our luggage
Company's history begins with Louis Vuitton himself Visitors view a 1906 trunk, displayed as part of the “Volez, Voguez, Voyagez,” Louis Vuitton exhibit, in the former American Stock Exchange building, in New York Financial District. — AP photosAs travel changed, so did luggage. That's the story told by an elaborate exhibition about Louis Vuitton, the luxury luggage and fashion brand. The exhibition, free to visit and on display in Lower...
War Against Corruption in Saudi Arabia
Amir will take any decision to safeguard Kuwait’s security
Speaker delivers Amiri message to lawmakers KUWAIT: National Assembly Speaker Marzouq Al-Ghanem speaks during a press conference yesterday. — KUNAKUWAIT: HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah informed MPs in a message conveyed by National Assembly Speaker Marzouq Al-Ghanem yesterday that he will not hesitate to take any decision deemed necessary to safeguard Kuwait's security and stability. Opposition MP Mohammad Al-Dallal...
Ban on young expats from Jan 1
KUWAIT: The manpower authority’s spokesperson and PR Manager Aseel Al-Mezyad announced that administrative decision number 1280/2017 pertaining banning the issue of work permits to expat graduates younger than 30 in the private and oil sectors will be effective from Jan 1, 2018.
New visit visa laws in offing
Major General Talal MaarafiKUWAIT: Director General of the Residency Affairs Department Maj Gen Talal Maarafi said proposed new visa bylaws include several amendments to increase the number of visitors to the country, such as issuing one-year multiple-entry visit visas to businessmen in order to encourage capital and economic movement in the country.He told Al-Rai daily visit visas will be issued to students who want to study in Kuwait’s...
KD 20.6 billion deficit estimated in four years
Rise in oil prices to reduce deficit next yearKUWAIT: Kuwait's financial deficit over the four years from 2014 to 2018 was recently estimated at KD 20.6 billion ($67.9 billion), said oil and financial sources, predicting that the deficit would drop by 20 percent next year thanks to the rise in oil prices to more than $68 per barrel. This would prevent the government from borrowing to make up for the deficit. In view of this deficit, oil sources...
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