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Saudi stocks hit by political purge
Gulf feels the chill as shares plummetLONDON: Saudi Arabia's stock market fell over 1.5 percent yesterday as a purge by its Crown Prince on fellow royals, ministers and businessmen appeared to be widening, though it was offset by gains elsewhere including a record high for South Africa. The heaviest Saudi falls saw a near 5 percent slump in detained billionaire Prince Alwaleed bin Talal's Kingdom Holding after it had fallen almost 8 percent on...
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Brent tops symbolic $60 level amid signs of tighter supplies
Bullish sentiment reflects commitment to output cutsKUWAIT: Oil prices wrapped up a fourth consecutive month of gains in October. Brent crude, the international benchmark, traded above $60 per barrel (bbl) for the first time in more than two years. Indeed, Brent is up almost 35 percent since its 2017-low in mid-June. West Texas Intermediate (WTI), meanwhile, is ranged close to its highest level of the year at $54/bbl. The US marker has returned...
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India cracks open Iran sea route to Afghanistan, bypassing rival
NEW DELHI: India is in talks with Iran to begin interim operations at a port in southeast Iran, officials say, proceeding cautiously on developing the facility at a time when the Trump administration has laid an aggressive new approach toward Tehran. India has committed $500 million to the Chabahar port that it is building as a way to bypass rival Pakistan and crack open a trade and transport route to landlocked Afghanistan, as well as the...
Khaled Al-Hasan
Gulf Insurance Group posts a net profit of KD 8 million
GWP up 61.5% to reach KD 246.6m for 9 months of 2017 Khaled Al-HasanKUWAIT: Gulf Insurance Group (gig) announced a net profit of KD 8 million ($26.6 million), or 44.86 fils per share, for the first nine months of 2017. This is down 24 percent from the KD 10.56 million ($35 million) recorded for the same period last year. This decrease is due to the group's share of results from its subsidiaries.Shareholder equity reached KD 82.4 million ($272.9...
Graphics are displayed on the walls of the dining room at the Ultraviolet restaurant.
Extreme dining in Shanghai: Chef's twist on haute cuisine
Graphics are displayed on the walls of the dining room at the Ultraviolet restaurant.A van spirits ten guests to a secret location in Shanghai, where they enter a non-descript industrial building as Strauss's theme from "2001: A Space Odyssey" fills the air. Inside is avant-garde restaurant Ultraviolet, the city's newest three-star Michelin eatery, where adventurous gourmands happily pay up to 6,000 yuan ($900) per head and the waitlist for a...
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‘A Bad Moms Christmas’ tastes like a stale chestnut
In that old Christmas stalwart "Love Actually," the wonderful Bill Nighy plays an aging rock star angling for an easy payday by cynically subbing the word "Christmas" into one of his hits, and re-recording it. And now we have "A Bad Moms Christmas." Need we say more? Not really, but that would ignore the contributions of several gifted actresses in what otherwise feels like a stale old chestnut.These three talented women do not play the moms of...
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Cartoon for soul
Prince Mansour bin Moqren
Saudi prince killed in helicopter crash near Yemen border
Prince Mansour bin MoqrenRIYADH: A Saudi prince was killed on Sunday when a helicopter with several officials on board crashed near the kingdom's southern border with war-torn Yemen, state television said. The news channel Al-Ekhbariya announced the death of Prince Mansour bin Moqren, the deputy governor of Asir province and son of a former crown prince. It did not reveal the cause of the crash or the fate of the other officials aboard the...
KUWAIT: National Assembly Speaker Marzouq Al-Ghanem speaks to the press yesterday. - KUNA n
Panel looks into quotas for expats; Ghanem calls MPs for key meeting
KUWAIT: National Assembly Speaker Marzouq Al-Ghanem speaks to the press yesterday. - KUNAKUWAIT: The National Assembly's financial and economic affairs committee yesterday reviewed several proposals on amending the demographic composition in the country, which is highly in favor of expatriates, the head of the committee said. MP Salah Khorshed said the panel reviewed a proposal calling to set a percentage cap or quotas for individual expatriate...
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Ministry requests building 100,000 sq m 'gold city'
Would be largest of its kind in the region - $112.5 billion allocated for 521 development projectsKUWAIT: The Ministry of Commerce and Industry asked Kuwait Municipality to allocate a plot to build a special 'gold and jewelry city' over a total area of 100,000 sq m, to be the largest of its kind in the region. The ministry's letter to the municipality explained that municipality approval was needed so that the project could be included in the...
KUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah meets with National Assembly Speaker Marzouq Ali Al-Ghanem. — KUNA
Amir condemns missile attack on Saudi Arabia, commends Royal Defense Forces
Lebanese President postpones visit to Kuwait   KUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah meets with National Assembly Speaker Marzouq Ali Al-Ghanem. — KUNAKUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah strongly condemned the Yemen-originated ballistic missile attack on north of the Saudi capital city, Riyadh, on Saturday. His Highness the Amir, in a cable to Saudi King Salman bin Abdulaziz,...
Attorney Fajer Ahmed
Sexual harassment
Attorney Fajer Ahmed Sexual harassment can be very hard to deal with. Some women feel like they are the ones who are being blamed or they are the ones who should be ashamed, but in reality, it is not just females who have difficulty dealing with sexual harassment or harassment in general. Harassment comes in many different forms - sometimes a woman may harass a man, or a man might harass a woman by making remarks about women in general. The...
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This photograph taken in 1967 shows French actor Alain Delon accompanied by his wife Nathalie Delon. --AFP photos
Alain Delon: Women he loved and left
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The sun sets behind electricity pylons in this file photo. -- Photo by Yasser Al-Zayyat
Kuwait swelters amid power cuts
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KUWAIT: HH the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah receives India’s External Affairs Minister Dr S Jaishankar on Aug 18, 2024. — KUNA
India looks to upgrade bilateral ties with Kuwait: Dr Jaishankar
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MEW: Power cuts in high-consumption Industrial areas in Kuwait
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GAZA: A Palestinian man carries a cat as he flees with others a makeshift camp for displaced people in Khan Yunis in the southern Gaza Strip after Zionist tanks took position on a hill overlooking the area on Aug 18, 2024. - AFP
Under-fire Bibi blames Hamas as Gaza suffers