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Latest News
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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Today in Kuwait's history
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WHO urges manufacturers to ramp up production of mpox vaccines
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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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Today in Kuwait's history
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WHO urges manufacturers to ramp up production of mpox vaccines
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Kuwait Times
Pakistan whitewashes Sri Lanka 5-0 in ODI series
Shinwari destroys Lankans with five-wicket burst SHARJAH: Pakistan's Usman Khan Shinwari celebrates the dismissal of Sri Lanka's Dinesh Chandimal during their forth ODI cricket match in Sharjah, United Arab Emirates, yesterday. – APSHARJAH: Fast bowler Usman Shinwari dominated Sri Lanka's top order with 5-34 as Pakistan whitewashed the tourists 5-0 for another convincing nine-wicket victory in the fifth and final one-day international...
S Korea PM says Olympics will be success despite tensions
ANCIENT OLYMPIA: Priestesses perform during the final dress rehearsal for the lighting of the Olympic flame at Ancient Olympia, southwestern Greece yesterday. The flame will be transported by torch relay to the Pyeongchang, South Korea, which will host the Feb. 9-25, 2018 Winter Olympics. — APNo word on whether N Korean athletes will participateSEOUL: South Korean Prime Minister Lee Nak-yon said tensions with North Korea will not prevent the...
Moody’s affirms Gulf Bank’s A3 rating and ‘Stable’ outlook
Dalal Al-DousariKUWAIT: Moody's investor Service has affirmed Gulf Bank's stable outlook and solid revenue-generating capacity in its recently published credit opinion issued on October 18th 2017. Moody's said that Gulf Bank's standalone Base Line Credit Assessment rating reflects its solid revenue-generation capacity, comfortable liquidity metrics and adequate capitalization.Moody's also affirmed Gulf Bank's ""A3" long-term deposits rating and...
Kuwait's trade surplus narrows slightly to KD 1.5bn in Q2 2017
Softer oil prices lead exports lowerKUWAIT: Kuwait's trade surplus narrowed slightly to KD 1.5 billion in 2Q17, as softer oil prices led oil exports lower. Meanwhile, imports continued to improve after some weakness in 2016, thanks to solid capital goods imports data and some recovery in consumer goods. The surplus is slated to expand in the near- to medium-term, not least because higher oil prices will help prop up oil earnings. The Kuwait...
UIC reviews ministry decision
KUWAIT: Out of its role in following up all the issues related to national investment in general and the investment sector in particular through coordinating with various concerned bodies, the Union of Investment Companies (UIC) reviewed the ministry of Commerce and Industry's decision published in Kuwait official gazette Al-Kuwait Al-Youm on October 22, 2017. The decision pertained to Article 122 and it states, "To hold ordinary and...
Global reports KD12.1m revenues, KD3.5m net profit in 9M 2017
Several parties have shown interest to take a stake in company: Al-Darmaki Hareb Al-DarmakiKUWAIT: Global Investment House ("Global" or the "Company"), a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital markets in the MENA region, yesterday announced its financial results for the nine months ended 30 September 2017 reporting a net profit of KD3.5 million ($11.5 million) compared to a net...
World Islamic Banking Conference announces record 24th edition
Partners at WIBC 2017 include KFH, Boubyan Bank, Ithmaar Bank BAHRAIN: (From right to left), Rasheed Mohammad Al-Maraj, Sheikh Salman Bin Khalifa Al-Khalifa, Dr Ahmad Abdulkareem Alkolifey and Sheikh Saleh Abdullah Kamel at the 23rd WIBC in BahrainKUWAIT: Middle East Global Advisors, a leading financial intelligence platform facilitating the development of knowledge-based economies in the MENASEA markets, announced that it will convene the 24th...
ASAR -Al-Ruwayeh & Partners bags three international awards
ASAR -Al-Ruwayeh & PartnersKUWAIT: ASAR- Al-Ruwayeh & Partners (ASAR), Kuwait's leading and most prominent corporate law firm, and one of the region's top tier firms, is pleased to announce that it has for the 9th consecutive year been awarded the prestigious "National Law Firm of the Year Award" for 2017 presented by the International Financial Law Review (IFLR), the world's leading market guide for corporate and financial law firms worldwide....
China’s recyclers eye looming electric vehicle battery mount
A employee carries a battery as he works on an assembly line of electric cars at a plant in ShanghaiSHANGHAI: After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets. The plant has secured licenses and is undergoing upgrades to handle a fast-growing mountain of battery waste, said...
12 major cities to buy zero emissions buses from 2025
A joint ‘fossil-fuel-free streets declaration’ PARIS: Quito’s Mayor Mauricio Rodas, Cap’s Mayor Patricia De Lille, Tokyo’s governor Yuriko Koike, Los Angeles’ Mayor Eric Garcetti, Paris’ Mayor Anne Hidalgo, New York’s Mayor Michael Blumberg, Barcelona’s Mayor Ada Colau, Milan’s Mayor Giuseppe Sala and Auckland’s Mayor Phil Goff pose during C40 Cities Climate summit in Paris yesterday. —AFPOSLO: Twelve major cities...
A scary box office weekend for all but Tyler Perry
Gerard Butler in a scene from “Geostorm.”It was a spooky weekend at the box office for nearly everyone but Tyler Perry. Perry's comedy sequel "Boo 2! A Madea Halloween" scared up a healthy $21.7 million in its first weekend in theaters, but the waters were rough for other new openers including the disaster epic "Geostorm," the firefighter drama "Only the Brave" and the crime thriller "The Snowman."Made for a reported $25 million, Perry's...
‘The Walking Dead’ reaches 100th episode milestone
Andrew Lincoln as Rick Grimes, left, and Chandler Riggs as Carl Grimes.For seven seasons, AMC's "The Walking Dead" has explored a world where the dead roam the earth while the living seek safety - from other humans as much as from the zombies trying to tear into their flesh. There are characters whose faith is tested but find their grit and fierceness. There are those who are kissups and latch themselves onto leaders, their will to survive...
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Alain Delon: Women he loved and left
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Massive fuel shortage forces electricity cuts in Kuwait
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Hezbollah reveals its military muscle
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Oil minister returns to Kuwait after treatment in Turkey
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Interior Minister orders removal of violations in Failaka