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Indian villagers see no shine in gold rush
SONAKHAN, India: The village of Sonakhan in the eastern Indian state of Chhattisgarh hardly looks like the site of a gold rush. There are no gun-toting ruffians, nor squalid camps of desperate fortune seekers. The dusty village with its distinct reddish soil, is a collection of modest brick homes and small patches of cultivated land amid scraggly forest. But the village, a two-hour drive from the capital Raipur, could soon be enveloped by India's...
CUPERTINO: An aerial view of the new Apple headquarters in Cupertino, California. — AFP
Apple's dilemma: What to do with $256 bn cash pile
Tech giant resists the idea of bringing cash home CUPERTINO: An aerial view of the new Apple headquarters in Cupertino, California. — AFPWASHINGTON: It is a sign of Apple's success but also a thorny problem: its cash stockpile has hit a staggering $256.8 billion, sparking debate on what do with such massive reserves. Apple's quarterly report Tuesday showed its cash holdings-the vast majority held overseas-jumped to a sum that tops the entire...
Eng Ibrahim Al-Soqabi
Six new projects await Al Mazaya Holding in Kuwait, Dubai and Oman
Eng Ibrahim Al-SoqabiKUWAIT: Al Mazaya Holding has announced its financial statements for Q1 2017, declaring KWD 1.91 million in net profits, a growth of 2.65 percent from KWD 1.86 million for the same period in 2016. Earnings per share reached 3.07 fils against 3.00 fils for the same period last year. Commenting on the financial statements, Al Mazaya Group CEO Engineer Ibrahim Al Soqabi said, following the company's board meeting on 03rd of May...
NIAMEY: This file photo shows a man looking at his hand as hundreds of people search gold in Kafa-Koira, south of Niamey. —AFP
Niger gold seekers dig deep for bullion dreams
Similarity mixes up gold with pyrite NIAMEY: This file photo shows a man looking at his hand as hundreds of people search gold in Kafa-Koira, south of Niamey. —AFPNIAMEY: Arriving on motorcycles and donkeys, in cars, or even on foot, hundreds of people have flocked to a site in southern Niger hoping to strike gold. The news spread like wildfire: gold had apparently been discovered deep in Kafa-Koira, just south of the country's capital...
Kuwait Investment Company
Kuwait Investment Company Holds 57th general assembly
Kuwait Investment CompanyKUWAIT: The Kuwait Investment Company held its 57th ordinary general assembly yesterday at its premises, which was attended by 83.7 percent of the shareholders. During the assembly cash dividends of 7 percent of the nominal value of the shares was approved, which equals 7 fils per share. The agenda of the meeting was also approved. Bader Al-Subaiee, Chief Executive Officer, Kuwait Investment Co. reviewed the most...
SAN FRANCISCO: In this file photo, Facebook CEO Mark Zuckerberg speaks during the keynote address at the F8 Facebook Developer Conference in San Francisco. — AP
Facebook adding 3,000 people to screen out violent content
Facebook to build safe community SAN FRANCISCO: In this file photo, Facebook CEO Mark Zuckerberg speaks during the keynote address at the F8 Facebook Developer Conference in San Francisco. — APWASHINGTON: Facebook said yesterday it is hiring an extra 3,000 staff to root out violent content as the social media giant faces scrutiny for a series of killings and suicides broadcast on its platform. "If we're going to build a safe community, we need...
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Statins don't cause muscle pain: Study
Cholesterol-lowering drugs 'wrongly blamed'PARIS: Cholesterol-lowering statin drugs may have been wrongly blamed for muscle pain and weakness, said a study yesterday that pointed the finger at a psychological phenomenon called the "nocebo" effect. It happens when people suffer side-effects because they expect to-the opposite of the "placebo" effect when a patient gets better on a dummy drug they believe to be the real thing. "Patients can...
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All we want is glowing skin!
Summer is here! With that being said, its time to start thinking of how you will keep your skin, hair, and nails looking the best during the hot weather. Trips to the pool or beach and spending a lot of time in the sun can do a lot of damage, so its important to take of yourself. I love doing at home treatments, they're so easy to do and also a much cheaper alternative!Let's start with something we all want during summer.....glowing skin!...
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Kuwait International Fashion Week kicks off May 7
In strategic partnership with Al-Hamra TowerKUWAIT: The Kuwait International Fashion Week, the unique event that puts Kuwait on the map of global fashion, kicks off this week in strategic partnership with Al-Hamra Business Tower and Maserati. The first show of the event takes place at the 60th floor of Al-Hamra Tower on May 7-11 from 7:00 pm to 10:00 pm. New surprises for exclusive 2017 designs are expected every day during that period.Twenty...
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Merkel Putin Meeting
MADRID: Real Madrid’s Portuguese forward Cristiano Ronaldo (center) shoots to score a goal beside Atletico Madrid’s Montenegrin defender Stefan Savic (left) during the UEFA Champions League semifinal first leg football match Real Madrid CF vs Club Atletico de Madrid at the Santiago Bernabeu stadium yesterday. — AFP
Regal Ronaldo puts Real on verge of CL final
MADRID: Real Madrid’s Portuguese forward Cristiano Ronaldo (center) shoots to score a goal beside Atletico Madrid’s Montenegrin defender Stefan Savic (left) during the UEFA Champions League semifinal first leg football match Real Madrid CF vs Club Atletico de Madrid at the Santiago Bernabeu stadium yesterday. — AFPMADRID: Cristiano Ronaldo proved Atletico Madrid’s Champions League (CL) dream destroyer once more with a hat-trick as Real...
Zain Group Chairman Mohannad Al Kharafi and Zain Vice-Chairman and Group CEO, Bader Al Kharafi
Zain Group income increases 3 percent, hits KD 38 million
Group generates consolidated revenues of KD 247 million Zain Group Chairman Mohannad Al Kharafi and Zain Vice-Chairman and Group CEO, Bader Al KharafiKUWAIT: Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the first quarter (Q1) ending 31 March 2017. Zain served 46.1 million customers at the end of the period, reflecting a 1.4% increase...