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Gulf Bank receives ‘Straight Through Processing Excellence’ award 2016
KUWAIT: Gulf Bank yesterday announced it has been awarded the prestigious 'Straight Through Processing Excellence' Award 2016 from Citibank for the Bank's STP Rate of 99.8 percent for Treasury and commercial payments. This is the Sixth consecutive year that Gulf Bank receives this award.Straight Through Processing (STP) is the full automation of a payment transactions by which financial institutions receive and process a payment by an electronic...
Shaheen Hamad Al-Ghanem
Warba Bank acquires 'Ultris' beach apartments in Virginia
Deal reinforces its real estate investment program in US Shaheen Hamad Al-GhanemKUWAIT: Warba bank continues to reinforce its strategy which primarily aims to position the Bank as the Islamic corporate and investment banking champion in Kuwait while expanding its international real-estate investment program. Within this context, the bank announced that it has invested $17.34 million in acquiring a multi-family apartment complex "Ultris" at Banyan...
Garrett Walsh
Mezzan Holding reports H1 2017 financial results
Garrett WalshKUWAIT: Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, yesterday announced the company's financial results for Q2 2017. The company reported KD50.3 million in Q2 revenue, and a Q2 net profit of KD2.0 million. The quarter's results bring Mezzan Holding's H1 revenue to KD107.8 million, down slightly by 0.6 percent from the same period last year,...
fidget spinner
Japan gives world-beating fidget spinner a whirl
FUJISAWA: One company in perfectionism-obsessed Japan is claiming it has developed a fidget spinner that whirls longer than any rival on the market -- 12 minutes and counting. Most fidget spinners, the must-have toy for 2017, can only rotate on their own for a few minutes at most. But a subsidiary of precision machinery maker NSK set its sights on utilizing the company's ball bearings, used in space satellites and computer disks, to make the...
NEW YORK: This file photo shows visitors to the American Museum of Natural History examining a replica of a 122-foot-long dinosaur on display at the American Museum of Natural History in New York. -AP
Meet the new heavyweight dinosaur champion: Patagotitan
NEW YORK: This file photo shows visitors to the American Museum of Natural History examining a replica of a 122-foot-long dinosaur on display at the American Museum of Natural History in New York. -APWASHINGTON: A study proclaims a newly named species the heavyweight champion of all dinosaurs, making the scary Tyrannosaurus rex look like a munchkin. At 76 tons, the plant-eating behemoth was as heavy as a space shuttle. The dinosaur's fossils...
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Review: Love somehow shines through 'The Glass Castle'
This image released by Lionsgate shows, from left, Sadie Sink, Charlie Shotwell, Ella Anderson, foreground center, Woody Harrelson, Naomi Watts and Eden Grace Redfield in "The Glass Castle." — APAny parents of young children - or anyone thinking of hearing the pitter-patter of little feet - are urged to go to their local movie theater and see "The Glass Castle." Not as a how-to guide, mind you. No, that might actually get you thrown in jail....
Ananta Jalil
Bangladesh film star turns Islamic preacher
Ananta JalilA Bangladeshi film star who became an Islamic preacher said yesterday he wants to use his fame to draw young people in the Muslim-majority nation to the faith. Ananta Jalil is the latest actor to take up the practice after 22-year-old Naznin Akter Happy, whose decision to become an ultra-conservative Islamic preacher was the subject of a best-selling book. Thousands of fans turned out late last month to watch 39-year-old Jalil preach...
In this file photo, musician Glen Campbell poses for a portrait in Malibu, Calif. — AP
Glen Campbell said goodbye to his life, career through music
In this file photo, musician Glen Campbell poses for a portrait in Malibu, Calif. — APGlen Campbell was a rare entertainer who got to say goodbye to his life and career in every way he knew how. Before his mind evaporated into Alzheimer's disease, Campbell was able to go out on one last big tour, star in a documentary and record an album of his favorite songs, fittingly called "Adios." Three of his children sing on the album, which was...
Miss Universe 2015 and also United Nations AIDS (UNAIDS) Goodwill Ambassador for Asia and the Pacific Pia Wurtzbach makes a heart sign after receiving a public HIV test to increase awareness yesterday. — AP
Ex-Miss Universe urges HIV testing in Philippines
Miss Universe 2015 and also United Nations AIDS (UNAIDS) Goodwill Ambassador for Asia and the Pacific Pia Wurtzbach makes a heart sign after receiving a public HIV test to increase awareness yesterday. — APThe Philippines' former Miss Universe conducted a public HIV test in Manila yesterday a week after the United Nations said her country had the fastest-growing number of infections in Asia. Pia Wurtzbach, UNAIDS goodwill ambassador for Asia...
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Populism
The National Assembly
Assembly to review new health fees on expats
KUWAIT: The decision by the Health Minister Jamal Al-Harbi to increase the fees of medical services for expats will be reviewed by Parliament as MPs believe that the decision deserved a second look, informed sources said. Although, the minister has the authority to issue such a decision and Parliament has no right to oppose it, many MPs are of the opinion that a legislative-level review maybe helpful in passing a law and chalking out a clear...
ABU DHABI/MUSCAT: Amiri Envoy First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah delivers a letter to UAE Vice President, Prime Minister, and Dubai Ruler Sheikh Mohammed bin Rashid Al-Maktoum. (Right) Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah hands over an Amiri letter to Omani official. --KUNA
Amiri envoy delivers letters in Oman, UAE and Bahrain
US reiterates support to Kuwait's mediation efforts ABU DHABI/MUSCAT: Amiri Envoy First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah delivers a letter to UAE Vice President, Prime Minister, and Dubai Ruler Sheikh Mohammed bin Rashid Al-Maktoum. (Right) Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah hands over an Amiri letter to Omani official. --KUNAKUWAIT: Amiri Envoy First Deputy Prime Minister and...
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This undated imageshows a colorized transmission electron micrograph of mpox particles (green) found within an infected cell (pink and purple) cultured in the laboratory. - AFP
Mpox global health emergency, Kuwait monitoring situation
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VARANASI: Medical students shout slogans and hold posters as they protest the rape and murder of a young medic from Kolkata, in Varanasi on August 15, 2024. -- AFP
Protests sweep India over rape and murder of doctor
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KUWAIT: People watch pearl diving boats as they arrive at the main beach at the end of the 33rd annual pearl diving festival. Pearl-diving trips are held annually under the patronage of the Kuwaiti Amir in order to keep traditions alive.
Pearl diving trip winds up
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Kuwait Society for Relief’s second relief plane. - KUNA photos
Kuwait sends relief planeload to Sudan
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NEW DELHI: India's Prime Minister Narendra Modi inspects the guard of honor to mark the country's Independence Day, at the Red Fort in New Delhi on August 15, 2024. -AFP
Modi renews push for common civil code for India