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AUB celebrates listing of $200 million Sukuk on Nasdaq Dubai
AUB celebrates listing of $200 million Sukuk on Nasdaq Dubai
AUB celebrates listing of $200 million Sukuk on Nasdaq DubaiKUWAIT: Richard Groves, Chief Executive Officer of Ahli United Bank (AUB) Kuwait rang the market-opening bell yesterday to celebrate the listing on Nasdaq Dubai of a $200 million Sukuk. The listing underlines Dubai's status as the global leader for Sukuk listings, with a total nominal value of $45.75 billion from issuers in the GCC and beyond. As the third Kuwait listing on Nasdaq...
KOLKATA: A man holds a charred facsimile of the discontinued Indian currency 500 note after a protest by a traders association demanding adequate arrangement to exchange discontinued currency notes outside Reserve Bank of India in Kolkata yesterday. —AP
India’s gold traders on edge as Modi fights ‘black money’ - Traders fear import ban soon; ‘a rumor’
KOLKATA: A man holds a charred facsimile of the discontinued Indian currency 500 note after a protest by a traders association demanding adequate arrangement to exchange discontinued currency notes outside Reserve Bank of India in Kolkata yesterday. —APNEW DELHI: Some Indian gold traders are placing bulk, short-term import orders on fears that Prime Minister Narendra Modi might soon add curbs on overseas purchases of the metal to his...
ACIC ‘Lead Manager’ for NIG KD25 million Bond Issuance
ACIC ‘Lead Manager’ for NIG KD25 million Bond Issuance
ACIC ‘Lead Manager’ for NIG KD25 million Bond IssuanceKUWAIT: Ahli Capital Investment Co KSCC (ACIC) has announced it is to be lead manager and subscription agent for National Industries Group’s (NIG) prospective KD25 million senior debt and asset backed bond, which was announced on 13 November 2016, following regulatory clearance earlier this year.ACIC, a fully owned subsidiary company of Al Ahli Bank of Kuwait KSCP (ABK), will act as the...
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Google teaches machines to become fluent translators
Google commits to post-Brexit UK Google sign at the Googleplex in Menlo Park, CaliforniaSAN FRANCISCO: Google is promising that its widely used translation service is now even more fluent, thanks to an advance that's enabling its computers to interpret complete sentences. That may sound simple, but it took years of engineering to pull off. Until now, Google's technology analyzed phrases in pieces and then cobbled together a sometimes stilted...
NEW ORLEANS: This undated image provided by Amgen Inc. shows the cholesterol-lowering drug Repatha. — AP
Cholesterol drug shows promise to help reverse heart disease
NEW ORLEANS: This undated image provided by Amgen Inc. shows the cholesterol-lowering drug Repatha. — APNEW ORLEANS: For the first time, a new drug given along with a cholesterol-lowering statin medicine has proved able to shrink plaque that is clogging arteries, potentially giving a way to undo some of the damage of heart disease.The difference was very small but doctors hope it will grow with longer treatment, and any reversal or...
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Villagers in Goa fight to keep ancient community land from university
LOLIEM, INDIA: For Meena Varik, a teacher in Loliem village in southern Goa, the Bhagwati Moll plateau has always been community land meant for cattle grazing, temple processions and a wildlife reserve.But if the state has its way, the plateau on a hillock abutting the village could be the site for an Indian Institute of Technology (IIT) and the land given over to classrooms, laboratories and hostels for hundreds of students and faculty members....
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Superb 'Manchester by the Sea' swells with emotion
It's hard to overstate the magnificence of Kenneth Lonergan's "Manchester by the Sea ." His third feature following "You Can Count on Me" and "Margaret" is one that swells with the spectrum of human emotion. Humor, anger, cynicism and love all crash into one another to create an elegant composition of image and sound that is filmmaking and storytelling at its best. It's centered on Lee Chandler (Casey Affleck), who we meet as a quiet custodian in...
A general view of Osuna with the bullring where extras and technician of HBO TV series ‘Game of Thrones’ take part in shootings of the fifth season’s episodes.
A touch of 'Game of Thrones' magic on small Spanish town
A general view of Osuna with the bullring where extras and technician of HBO TV series ‘Game of Thrones’ take part in shootings of the fifth season’s episodes.When the mayor of the small  southern Spanish town of Osuna called Jesus Cansino to tell him "Game of Thrones" was coming to shoot part of season five, he wouldn't believe it. "She said, 'They're coming to film a series, I'm not sure you know it'. I started laughing," says the...
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Tycoon hosts big, fat Indian wedding amid cash crunch
A controversial Indian mining tycoon has taken over a royal palace and flown in Brazilian dancers at a reported cost of $75 million to celebrate his daughter's wedding, as the country reels from a cash crisis. Up to 50,000 people are expected at the sprawling Bangalore Palace, a mock Tudor castle in southern India, to celebrate the wedding of Gali Janardhan Reddy's daughter, who was married in a Hindu ceremony earlier in the day. Local media...
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Natural Ally
MARRAKECH: HH the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Qatari Emir Sheikh Tamim bin Hamad Al-Thani, Morocco’s King Mohammed VI, Monaco’s Prince Albert II, UN Secretary General Ban Ki-moon and France’s President Francois Hollande pose with other world leaders for a group photo at the UN World Climate Change Conference 2016 yesterday.
Amir reiterates commitment to combat climate change
Ban calls for 'elimination' of fossil fuel subsidies HH Sheikh Sabah addresses the gatheringMARRAKECH: HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah yesterday reiterated Kuwait's commitment to supporting the efforts exerted by the UN to combat the phenomenon of climate change. Addressing the 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change, also known as COP 22 in Marrakech, the Amir said Kuwait...
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Barred candidate claims election could be delayed
Campaigning intensifiesKUWAIT: Lawyer Hani Hussein, whose candidacy for the parliamentary polls was rejected by the appeals court yesterday, said a "big surprise" could delay the Nov 26 election. Writing on his Twitter account, Hussein declined to reveal the nature of the surprise, but said it relates to a provision in the election law, adding he has drawn the attention of the court to this provision. He said that if his argument is accepted by...
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MUMBAI: A vendor counts a wad of Indian rupees. - AFP
Indian rupee hits record low amid geopolitical jitters
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Flag of Kuwait, visa application form and passport on table
Why small-scale project visas can be problematic
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KUWAIT: Kuwaitis walk inside the Avenues Mall, the country’s largest shopping centre. The Public Authority for Civil Information (PACI) issued the latest detailed statistics on population and employment at the end of June 2024. The data shows that total population in Kuwait reached 4.919 million people. - Photo by Yasser Al-Zayyat
Kuwait population hits 4.919 million
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DHAKA: Anti-government protestors display Bangladesh's national flag as they storm Prime Minister Sheikh Hasina's palace on Aug 5, 2024. - AFP
People power rocks Bangladesh
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Al-Sawaber Complex
Kuwait’s historic buildings should be preserved