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Kuwait Times

It was a mystery that had police puzzled for a while: a rash of thefts reported by passengers who had taken the 75-minute bus trip between Paris and Beauvais airport - AFP

A thief in a suitcase

It was a mystery that had police puzzled for a while: a rash of thefts reported by passengers who had taken the 75-minute bus trip between Paris and Beauvais airport - AFPLILLE: It was a mystery that had police puzzled for a while: a rash of thefts reported by passengers who had taken the 75-minute bus trip between Paris and Beauvais airport. An eagle-eyed driver has been credited with helping crack the case last week after he spotted a...

ZURICH: Spanish retired footballer Fernando Hierro performs the FIFAnfootball World Cup 2018 European play-off draw, yesterday in Zurich. – AFPnn

History boys Italy draw Sweden in tricky World Cup playoff

N Ireland will tackle Switzerland and Croatia to play Greece ZURICH: Spanish retired footballer Fernando Hierro performs the FIFAfootball World Cup 2018 European play-off draw, yesterday in Zurich. – AFPPARIS: Four-time winners Italy will play Sweden in a playoff for a place in the 2018 World Cup while the Republic of Ireland take on Denmark, following the draw yesterday.Northern Ireland will tackle Switzerland and Croatia and Greece will...

MARIBOR: Liverpool's Mohamed Salah, top, duels for the ball with Maribor's Marko Suler during the Champions League soccer match between Maribor and Liverpool at the Ljudski vrt stadium, in Maribor, Slovenia, yesterday. - AP

Rampant Reds hit seven to silence Klopp critics

Salah made it three with his seventh goal of the season MARIBOR: Liverpool's Mohamed Salah, top, duels for the ball with Maribor's Marko Suler during the Champions League soccer match between Maribor and Liverpool at the Ljudski vrt stadium, in Maribor, Slovenia, yesterday. - APMARIBOR: Liverpool eased the pressure on Jurgen Klopp as Roberto Firmino and Mohamed Salah inspired a 7-0 thrashing of Maribor in the Champions League yesterday.After...

MADRID: Real Madrid's German midfielder Toni Kroos (L) vies with Tottenham Hotspur's Ivorian defender Serge Aurier during the UEFA Champions League group H football match Real Madrid CF vs Tottenham Hotspur FC. - AFPnnn

Tottenham holds Real to 1-1 draw

MADRID: Real Madrid's German midfielder Toni Kroos (L) vies with Tottenham Hotspur's Ivorian defender Serge Aurier during the UEFA Champions League group H football match Real Madrid CF vs Tottenham Hotspur FC. - AFPMADRID: Tottenham held Real Madrid to 1-1 in the Champions League yesterday, a result that kept both clubs at the top of Group H. Tottenham scored first with an own-goal by Raphael Varane as the Madrid defender tried to clear a cross...

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Zain celebrates national jet ski team world champions

Company main sponsor of the team for 7th consecutive year KUWAIT: Zain, the leading telecommunications company in Kuwait, welcomed Kuwait’s national jet ski team champions at Kuwait Airport after the team achieved an unprecedented achievement of 13 titles during their participation in the recently concluded World Jet Ski Championship held in the United States.The company is the main sponsor of the team for the seventh consecutive year. Zain...

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McDonald's proud sponsor of Kuwait national jet ski team

KUWAIT: In line with its core philosophy of supporting the local sports culture and encouraging young athletic talents, McDonald's Kuwait announced its sponsorship of the Kuwait national jet ski team, who recently competed in the World Jet Ski Championship which was held in Arizona in the United States.Luai Al-Kilani, Vice President of McDonald's Kuwait, congratulated the national champions on their stellar performance throughout the competition,...

Gulf Bank ChairmannOmar Kutayba Alghanim

Gulf Bank records 10% Y-o-Y rise in net profit for first 9 months of 2017

Bank generates net interest income of KD 97.2 million Gulf Bank ChairmanOmar Kutayba AlghanimKUWAIT: Gulf Bank K.S.C.P. announced yesterday its financial results for the first nine months of 2017. The bank recorded a net profit of KD 36.1 million in the first nine months of 2017, an increase of 10 percent over the same period in 2016. The Bank was able to generate net interest income of KD 97.2 million and operating profit of KD 89.7 million...

George Richani receives the award from Global Finance as a Best Bank in Kuwait 2017.

NBK named Best Bank in Kuwait 2017 by Global Finance

George Richani receives the award from Global Finance as a Best Bank in Kuwait 2017.KUWAIT: National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2017 by the international financial publication Global Finance. The award was presented to George Richani, General Manager - International Banking Group at NBK, at an award ceremony held on the occasion of the International Monetary Fund Annual meeting held in Washington.NBK was chosen...

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Fitch Ratings upgrades Gulf Bank's Viability Rating to "bb+" from "bb"

KUWAIT: Fitch Ratings has upgraded Gulf Bank's Viability Rating to 'bb+' from 'bb' and affirmed the bank's Long-Term Issuer Default Rating at 'A+' with a Stable Outlook.According to Fitch Ratings, the viability rating upgrade reflects Gulf Bank's strong strategy execution and improving underwriting standards and asset-quality. Fitch Rating mentioned that Gulf Bank continues to benefit from a fairly stable operating environment in Kuwait despite...

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Fitch Affirms NBK rating at "AA-" with a Stable Outlook

KUWAIT: Fitch Ratings affirmed NBK's Long-Term Issuer Default Rating (IDR) at AA- with a Stable Outlook. Fitch has also downgraded NBK's Viability Rating (VR) to "a-" from "a" as a re-assessment of the Bank against regional peers with similar ratings when looking at financial metrics, both ratios and absolute values. Fitch said that NBK's Support Rating Floor at AA-, a notch above Fitch's actual country Domestic-Systemically Important Bank...

nnRoger Winfield, CEO of HSBC in Kuwaitn

HSBC wins Euromoney awards for best cash manager in Kuwait

Roger Winfield, CEO of HSBC in KuwaitKUWAIT: HSBC in Kuwait was voted as the best Domestic Cash Manager for the 8th consecutive year by both Corporates and Financial Institutions in the Euromoney Cash Management Survey 2017. HSBC was also awarded Best Regional Cash Manager in the Middle East, the Bank's 9th win since 2009, and retained its title as Best Global Cash Manager."These awards demonstrate that our Global Liquidity and Cash Management...

Sheikh Mohamed Jarrah Al-Sabah

Fitch Ratings reaffirms KIB's long-term IDR at A+

Agency affirms viability rating with a stable outlook Sheikh Mohamed Jarrah Al-SabahKUWAIT: Fitch Ratings, one of the leading global credit ratings agencies, has reaffirmed Kuwait International Bank's long-term Issuer Default Rating (IDR) at 'A+' and affirmed viability rating (VR) to "bb-" with a stable outlook on 16 October 2017. The stable outlook reflects the outlook on the Kuwaiti sovereign rating.According to Fitch, KIB continues to benefit...

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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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Kuwait Integrated Petroleum Industries Company (KIPIC)

Massive fuel shortage forces electricity cuts in Kuwait

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EL KFOUR: Lebanon: People inspect the damage to a building after a Zionist airstrike in the southern town of Kfour, in the Nabatiyeh district, on August 17, 2024, amid the ongoing cross-border clashes between Zionist troops and Hezbollah fighters. – AFP

Hezbollah reveals its military muscle

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KUWAIT: His Excellency the Deputy Prime Minister and Minister of Oil Dr Imad Mohamed Al-Ateeqi (center) is greeted by Prime Minister His Highness Sheikh Ahmad Al-Abdullah Al-Hamad Al-Sabah (second right) and other officials. — KUNA

Oil minister returns to Kuwait after treatment in Turkey

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JAHRA: Part of the Al-Shagaya Concentrated Solar Power Project is seen in this photo taken from the Kuwait Institute for Scientific Research website.

KAPP shortlists companies for Dabdeba, Shagaya