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Kuwait Tennis U-18 junior tournament
KUWAIT: The Kuwait Tennis U18 Junior Tournament concluded in the presence of Kuwait Tennis Federation Deputy Chairman of the Board Abdelsamad Al-Aryan, Treasurer Faleh Al-Otaibi, Assistant Treasurer Ahmad Al-Qallaf, and Technicla Director Abbas Al-Busairi.The final results were Ahmad Khamees from Yarmouk Sports Club was in first place, Essa Qabazard in second while Tameem Al-Hallaq from Kuwait Club was third.In the doubles Kuwait's Club Tameem...
NBK Group Chairman Nasser Al-Sayer and NBK's Group CEO Isam Al-Sager
NBK reports net profits of KD 85.4m for Q1 2017
Net profit growth of 8.1% year-on-year NBK Group Chairman Nasser Al-Sayer and NBK's Group CEO Isam Al-SagerKUWAIT: National Bank of Kuwait (NBK) reported net profits of KD 85.4 million ($280.1 million) for the first quarter of 2017 compared with KD 78.9 million ($259.0 million) for the same period in 2016.  Net operating income grew at 9.0 percent year on year to reach KD 195.4 million ($641.1 million).Total assets as of end of March 2017...
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Iran opens new South Pars gas field phases worth $20bn
TEHRAN: Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars gas field yesterday, the result of some $20 billion in investment, local media reported. The ribbon-cutting of phases 17-21 pave the way for Iran to surpass the production levels of neighboring Qatar, which shares half the offshore gas field, Iranian officials said. “Our production has reached 575 million cubic metres per day,” said Rouhani.Iran’s total...
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Why should you add gold to your investment portfolio
Dr Wafaa SbeitiInvestment demand for gold is expanding worldwide, according to statistics from both World Gold Council and IMF data. Total world gold holdings in 2015 increased by 702.5 tons, compared with 176.7 tons in 2014, reaching 32,733 tons in December, their highest level since 2002. As stated, much of the increase is due to China's upgrade coverage of its gold standard. Between January and April 2016, China bought monthly around 11 tons...
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Saudi to shelve, reform billions of dollars of unfinished projects
Government compiling list of unfinished projectsRIYADH: Saudi Arabia's government is ordering its ministries and agencies to review billions of dollars' worth of unfinished infrastructure and economic development projects with a view to shelving or restructuring them, government sources said.Riyadh's Bureau of Capital and Operational Spending Rationalization, set up last year to make the government more efficient, is compiling a list of projects...
This file photo taken on October 30, 2015 shows Chief Operating Officer and Co-Founder of Flipkart Binny Bansal speaking during the launch of Flipkart’s Largest Fulfillment Centre on the outskirts of Hyderabad. —AFP
Amazon, Flipkart battle in India for e-commerce's 'last frontier'
India market size seen between from $50bn to $120bn by 2020 This file photo taken on October 30, 2015 shows Chief Operating Officer and Co-Founder of Flipkart Binny Bansal speaking during the launch of Flipkart’s Largest Fulfillment Centre on the outskirts of Hyderabad. —AFPNEW DELHI: With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to...
AFAR IRDOOD, Ethiopia: The salt market in Berhale town in northern Afar, Ethiopia, is pictured.—AFP photos
Modern life intrudes on Ethiopia's ancient salt trade
'We hope there will be something like cars' AFAR IRDOOD, Ethiopia: The salt market in Berhale town in northern Afar, Ethiopia, is pictured.—AFP photosLAKE ASALE, Ethiopia: Every morning, hundreds of men converge on a dry lakebed in a remote corner of Ethiopia, where they cleave the ground open with handaxes to extract salt, just as their fathers and grandfathers once did. They toil under the gaze of a caravan of camels who will carry their salt...
US pop singer Lady Gaga performs on stage at the Coachella Valley Music And Arts Festival on April 15, 2017 in Indio, California. —AP/AFP photos
Lady Gaga, sensual and acrobatic, debuts song at Coachella
US pop singer Lady Gaga performs on stage at the Coachella Valley Music And Arts Festival on April 15, 2017 in Indio, California. —AP/AFP photosLady Gaga debuted a R&B-tinged love song Saturday as she headlined the Coachella festival, where the pop diva cast herself as sensual rather than sensational. The first woman in a decade to top the lineup at the premier music event, Lady Gaga unleashed an action-packed spectacle of acrobatic...
Photo shows Khaled Al-Sager, Fahad Al-Essa and Waleed Al-Taqi honoring Fahad Al-Najjar
'Moonlight' creative art shines at Jaber Al-Ali School
Photo shows Khaled Al-Sager, Fahad Al-Essa and Waleed Al-Taqi honoring Fahad Al-NajjarAmidst the nerve-wracking tension ruling the world today, the endless flow of news stories about wars, terrorism, killing, displacement and proxy wars tearing the region apart, and the prevalence of the culture of hate and blame, it was an absolutely mind-soothing experience to find a spot for enjoying tranquillity and peace of mind and appreciate some of the...
The Roberto Fonseca Quartet from Cuba perform during the Kriol Jazz Festival at Praia.
Musicians chase fame on west Africa’s musical islands
The Roberto Fonseca Quartet from Cuba perform during the Kriol Jazz Festival at Praia.Every April, the tiny island capital of Cape Verde is taken over for a week by musicians of all stripes, trailing dreams of record deals and sold-out stadiums.Two events, the Atlantic Music Expo (AME) and the more established Kriol Jazz Festival, draw talent from as far away Haiti and Brazil, intent on showing what they have to offer to international producers...
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Trump 's flip-flops
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Kuwaitis and expats share Kuwait
Badar Al-Dehani I could sense it very well. You could sense it very well, too, if only you listen and see well enough. There is a growing sense of hatred towards non-nationals in Kuwait - Bloomberg just recently thought so, too. Politicians, oh do they love kicking off occasional 'us-versus-them' campaigns, capitalize on such rhetoric. It feeds into their interests. Deficit concerns spice the dish, economic reforms give it the sour taste it...
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BELFAST: Protestors attend a "unity over division" protest called to oppose an anti immigration demonstration in Northern Ireland on Aug 9, 2024. - AFP
N Ireland violence shocks Muslims amid sectarianism
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DHAKA: A Hindu shopkeeper (left) helps a woman put on a traditional conch shell bangle at a shop selling traditional prayer items in Shakhari Bazar, a Hindu majority area, in Dhaka on August 9, 2024. — AFP
Misinformation from India, vandalism frighten Hindus in Bangladesh
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LONDON: Police officers stand guard outside the East London Mosque after Friday prayers in Tower Hamlets in London on August 9, 2024. — AFP
‘No one deserves this’: UK riots leave Muslims reeling
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Drilling Rig (Oriental Phoenix)
Marine region a ‘promising area’ for hydrocarbon resources: KOC
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PARIS: Gold medallists USA pose during the podium ceremony after the women's gold medal basketball match against France during the Paris 2024 Olympic Games at the Bercy Arena on Aug 11, 2024. - AFP
US pip China in medals table as Games end