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Kuwait achieves 'Emerging Market' status
KUWAIT: Marking a momentous milestone in its transformation into a world-class financial and commercial center, Kuwait has been officially upgraded to Emerging Market status by leading index compiler MSCI Inc. Effective May 2020, the country's MSCI indexes will be reclassified to Emerging Markets status. Paving the way for increased participation from foreign investors in Kuwait's capital market and driving significant capital inflows to the...
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US 'prepared for whatever' from N Korea: Top Pentagon general
ARLINGTON, VA: (L-R) Secretary of Defense Mark Esper and Chairman of the Joint Chiefs of Staff Army Gen. Mark Milley hold an end of year press conference at the Pentagon on December 20, 2019 in Arlington, Virginia. -AFP WASHINGTON: The Pentagon's top general said Friday the US military is ready for anything from North Korea in the face of Pyongyang's ominous promise of a "Christmas gift" if Washington does not act to ease tensions. "Korea is one...
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Trump signs $1.4tn budget to avert shutdown
US President Donald Trump watches First Lady Melania Trump speak during a signing ceremony on S.1790, the "National Defense Authorization Act for FY2020" at Joint Base Andrews, Maryland on December 20, 2019. --AFP WASHINGTON: US President Donald Trump signed a $1.4 trillion budget package for the fiscal year 2020 into law on Friday to avert a government shutdown, White House spokesman Judd Deere told journalists travelling with the president on...
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US House votes to impeach Trump
Alternate realities on display as Americans get a striking split-screen view WASHINGTON: Americans got a striking splitscreen view on Wednesday of just how divided their politics have become. As the US House of Representatives voted to impeach President Donald Trump on a charge of abusing his power over his dealings with Ukraine, the president strode fist-pumping onto the stage of a campaign rally in Michigan and declared he had done nothing...
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Delhi cuts mobiles as India protests rage nationwide
Thousands defy bans, historian Guha arrested BENGALURU: A protester shouts to a policeman at the Town Hall during a demonstration held against India’s new citizenship law in spite of a curfew in Bangalore yesterday. Indians defied bans on assembly yesterday in cities nationwide as anger swells against a citizenship law seen as discriminatory against Muslims, following days of protests, clashes and riots that have left six dead. —AFP NEW...
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Masterminds of Philippines’ worst political massacre jailed
Relatives of victims, rights groups give mixed response to verdicts MANILA: Relatives and supporters of victims of the 2009 Maguindanao massacre hold pictures of the victims during a press conference after the verdict in the case in Taguig, Manila yesterday. — AFP MANILA: The masterminds of the Philippines’ worst political massacre were found guilty yesterday of murder a decade after they led the killings of 58 people, rare convictions of...
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500 stores closed in Jleeb crackdown
.By A SalehKUWAIT: Municipality Director General Ahmad Al-Manfouhi said it is too early to speak about reclaiming Jleeb Al-Shuyoukh, adding that the municipality has closed more than 500 violating stores in the area, adding that there are 1,000 more stores with stickers sealing them as a prelude to permanent closure. Manfouhi, during a field tour held by the government team commissioned to resolve the Jleeb problem in the presence of State...
Muna Al-Fuzai
Anger and promises
Muna Al-Fuzai This week, Kuwait was occupied with the new government formation and rain that caused the closure of some roads and flooded streets and houses, which angered the people. It was truly a week of anger, as rumors and bad news abounded. We are on the threshold of a new week and the rain has ended, but the repercussions of the new government formation and the peopleصs reactions are indicators that must be taken into...
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Boursa Kuwait achieves historic milestone with MSCI upgrade - Roudhan: KD 1 billion inflow into market forecast
Minister of Commerce and Industry Khaled Al-Roudhan By Nawara FattahovaKUWAIT: Boursa Kuwait achieved another historic landmark yesterday when MSCI announced it will be upgrading the exchange to emerging market status as part of its May 2020 Semi-Annual Index Review in one step, as the Kuwaiti equity market now meets all the necessary requirements.MSCI Inc is one of the world's largest index providers, and its plan to upgrade follows upgrades...
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Kuwait Theater Festival concludes, honors winners
The 20th edition of the Kuwait Theater Festival concluded and awarded the winners on Wednesday. Among the winners were Haya Al-Said and Yusuf Bonashi who won the best female and male actor awards respectively. Also, Hesa Al-Sayyad won the prize for best costumes, while the award for the best sound effects was given to Dr Abdel Hamid Saqr and Yaqoub Al-Kandari. Sami Belal obtained the best author award, while Mohammad Al-Khoder got the prize for...
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Welcome to Little Manila (in Kuwait!) - Filipino enclave booming in Salmiya
By Ben Garcia A Filipino enclave has emerged in the heart of Salmiya after the opening of the revamped Souq Salmiya a year ago. The souq has become a favorite shopping destination and gathering place for Filipinos living and working in Kuwait. Old Souq Salmiya is located opposite the fire station at the end of the Fourth Ring Road. It is an extension of the popular Salem Al-Mubarak Street that is lined with shops and malls. Known to Filipinos...
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Clean up after yourself!
By Faten OmarIn Kuwait, places to hang out are malls, restaurants, and cafes. As a lover of open spaces, these options are not okay for me. My expectations for a good weekend include open areas, green spaces and gatherings of friends. For years, I packed my barbecue tools in my car and gathered some friends to enjoy the pleasant winter weather. But after Kuwait strictly announced a fine of KD 1,000 and deportation if people barbecue in public...
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Kuwait opens visa 20 to visa 18 transfer from July 14 to September 12
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Dr Anwar Al-Mudhaf
No wage cuts despite deficits
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KUWAIT: Health Minister, Dr Ahmed Al-Awadhi holds talks with officials. - KUNA
Ministry of Health boosts efficiency
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Ebooks or printed books? What’s your preference
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GAZA: A Palestinian child is comforted near a body bag following Zionist bombardment at Al-Ahli Arab Baptist Hospital in Gaza City on July 4, 2024. - AFP
Hezb rains rockets on Zionists as Gaza martyrs top 38,000