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Aramco tops $2 trillion target
Aramco shares hit 38.7 riyals on second trading dayDUBAI: Saudi Aramco topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman yesterday as the state-owned oil firm's shares soared for a second day, defying some scepticism about their long-term value. The Saudi Crown Prince has made the Aramco initial public offering (IPO) the centrepiece of his plan to diversify the Kingdom's economy away from its dependence on oil...
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Huawei wins contract to develop German 5G network
BERLIN: Chinese telecom giant Huawei has won a contract to supply 5G infrastructure in Germany but the politically sensitive deal is subject to government approval following US concerns about snooping. Telefonica Germany, the second biggest operator after Deutsche Telekom, said it was giving Huawei and Finland's Nokia an equal role in the project, calling the two companies "proven strategic partners". "This cooperation… will be subject to...
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World first commercial electric aircraft takes flight in Canada
E-plane tested to confirm its reliability and safety VANCOUVER: The world's first fully electric commercial aircraft took its inaugural test flight on Tuesday, taking off from the Canadian city of Vancouver and offering hope that airlines may one day end their polluting emissions. "This proves that commercial aviation in all-electric form can work," said Roei Ganzarski, chief executive of Seattle-based engineering firm magniX. The company...
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MPs demand resumption of National Assembly sessions
Panel says appointment in legal department should be changedKUWAIT: Two lawmakers yesterday submitted a request to National Assembly Speaker Marzouq Al-Ghanem urging him to resume the Assembly sessions which have been suspended since the resignation of the government about a month ago. MP Abdullah Al-Kandari said he submitted the request along with MP Bader Al-Mulla and demanded that the sessions be resumed on the basis of constitutional and...
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Court rejects challenge to public eating in Ramadan ban
Bid to achieve gender equality in obtaining marriage loans deniedKUWAIT: The constitutional court yesterday rejected a contest filed by a citizen demanding considering as unconstitutional the penalty of drinking and eating in public during the holy month of Ramadan of a fine up to KD 100 and/or one month imprisonment. In its verdict, the court stressed the need to show respect for religious rituals and fasting people's feelings. The court also...
The Municipal Council’s building.
Municipality fights unauthorized use of Jleeb open yards
KUWAIT: In collaboration with Interior Ministry personnel, Kuwait Municipality's Farwaniya inspection teams recently launched a cleaning campaign in Jleeb Al-Shuyoukh where the team used special installations to prevent using open yards as truck parking areas or garages for auto repair, changing oils and tires and dumping wastes. In this regard, Farwaniya Municipality Manager Mohammad Sarkhouh said that a plan had been set to clean various open...
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Customs confiscate 70 kg hashish in feed shipment
KUWAIT: Kuwait customs officers foiled an attempt to smuggle 70 kilograms of hashish found in an animal feed shipment that arrived from Iran yesterday. Doha Port customs officers confiscated the drugs and contacted concerned authorities for further legal action. Director General of Kuwait Customs Department Jamal Al-Jalawi said Kuwait customs work according to an integrated system, which has proven effective in foiling several drug smuggling...
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Kuwait Deputy FM restates respect for int'l human rights commitments
Badly organized immigration subjects people to abuse: Jarallah KUWAIT: Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah speaks during a seminar on contract workers’ rights co-organized by the Foreign Ministry and the UN Mission in Kuwait. — Photo by Fouad Al-Shaikh KUWAIT: Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah yesterday reiterated his country's respect for international commitments to human rights. Addressing a seminar on...
Attorney Fajer Ahmed
Startup Advice for Investments
Attorney Fajer Ahmed I am extremely proud of all the entrepreneurs in the region that are making a difference with their technology startups, or 'tech startups'. You are making a difference by making our lives simpler with technology, and you have provided jobs for others and yourself. We are very proud of that community that you have created. Here are a few repeated questions that I receive from my tech startup clients.Raising money Question:...
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Sunrise view at a beach in Fintas
KUWAIT: Sunrise view at a beach in Fintas. — Photo by Mohammad Rasheed (KUNA)
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India passes citizenship bill amid violent protests
GUWAHATI: India's parliament yesterday passed a contentious bill that seeks to grant citizenship to non-Muslim immigrants from some countries, as hundreds of troops were deployed in the northeast which has been hit by violent protests. The bill will let the Indian government grant citizenship to millions of illegal immigrants who entered India from three neighboring countries before 2015 - but not if they are Muslim. The legislation was passed...
AS SUR, Oman: A view of a desalination plant in the Omani port city of Sur, south of the capital Muscat. — AFP
Water-scarce Gulf countries bank on desalination, at a cost
AS SUR, Oman: A view of a desalination plant in the Omani port city of Sur, south of the capital Muscat. — AFP SUR: "We have water, and it's the most important thing in a house," says Abdullah Al-Harthi from the port city of Sur in Oman, a country that relies on desalination plants. But for Oman and the other Gulf countries dominated by vast and scorching deserts, obtaining fresh water from the sea comes at a high financial and environmental...