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Nidal Kamouni, CEO, PCCI Group
Enhance customer service experience using self-service
Nidal Kamouni, CEO, PCCI GroupThe essence of customer service can be traced to time immemorial. On the other hand, the method of delivery of the customer service experience needs to be continually updated to match the desires and expectations of an ever-changing customer base and that is why we believe that the customer experience landscape is ripe for disruption with companies slowly making progress toward more seamless and simpler customer...
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Kuwait inflation maintains steady pace at 3.1% yoy - NBK ECONOMIC REPORT
.KUWAIT: Inflation in consumer prices rose to 3.1 percent year-on-year (y/y) in June, mainly on the back of an uptick in housing and restaurant/catering prices . Core inflation (which excludes food prices) climbed to 3.5 percent y/y during the same period, as inflation in housing services, clothing & footwear, healthcare and restaurants & hotels saw some upward momentum. Food inflation maintained its downward trend in June, which helped keep...
Manaf Al-Menaifi
KFH SMEs credit limit KD 300 million - 7% growth of SMEs portfolio's clients as of end H1 2016
Manaf Al-MenaifiKUWAIT: Executive Manager Business Banking at Kuwait Finance House (KFH), Manaf Al-Menaifi said that the credit limit of the Business Banking specialized in financing the small and medium-sized enterprises SMEs is about KD 300 million, indicating that Business Banking department at KFH offers services to over 2285 customers.He added that the SMEs portfolio achieved a 7 percent growth of customers as of end H1 2016, reiterating...
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Agility reports KD 15m net profit for Q2 2016
KUWIT: Agility yesterday announced its financial results for the second quarter of 2016, reporting a net profit of KD 15 million, an increase of 11 percent compared to the second quarter of 2015. Earnings-per-share stood at 13 fils, and EBITDA stood at KD 29 million, a 12 percent increase compared to Q2 of 2015. Revenues are KD 309 million for the quarter."We started the year on a good note and are sustaining this momentum as the year progresses....
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Thai Referendum
RIO DE JANEIRO: US' Ibtihaj Muhammad celebrates winning against Ukraine's Olena Kravatska in their women's individual sabre qualifying bout as part of the fencing event of the Rio 2016 Olympic Games yesterday at the Carioca Arena 3. - AFP
Hijabi fencer makes US Olympics history
RIO DE JANEIRO: US' Ibtihaj Muhammad celebrates winning against Ukraine's Olena Kravatska in their women's individual sabre qualifying bout as part of the fencing event of the Rio 2016 Olympic Games yesterday at the Carioca Arena 3. - AFPRIO DE JANEIRO: American Ibtihaj Muhammad looked like all the other fencers when she stepped on the piste, save for the nondescript black scarf covering her head. With that small gesture, Muhammad made history....
RIO DE JANEIRO: Australia’s Casey Sablowski, center, fights for the ball with United States’ Rachel Dawson, left, and Julia Reinprecht during a women’s field hockey match at the 2016 Summer Olympics in Rio de Janeiro, Brazil, yesterday. — AP
US knocks off Australia in women’s field hockey
RIO DE JANEIRO: Australia’s Casey Sablowski, center, fights for the ball with United States’ Rachel Dawson, left, and Julia Reinprecht during a women’s field hockey match at the 2016 Summer Olympics in Rio de Janeiro, Brazil, yesterday. — APRIO DE JANEIRO: The United States claimed its second straight win against a top-three team in women’s field hockey, beating No. 3 Australia 2-1 yesterday. Michelle Vittese and Caitlin van Sickle...
RIO DE JANEIRO: Juan Martin del Potro, of Argentina, returns to Novak Djokovic, of Serbia, in the men’s tennis competition at the 2016 Summer Olympics in Rio de Janeiro, Brazil, Sunday. — AP
Del Potro stuns Djokovic, Williams’ doubles dream ends
RIO DE JANEIRO: Juan Martin del Potro, of Argentina, returns to Novak Djokovic, of Serbia, in the men’s tennis competition at the 2016 Summer Olympics in Rio de Janeiro, Brazil, Sunday. — APRIO DE JANEIRO: Juan Martin del Potro stunned a tearful Novak Djokovic in an emotional Olympics triumph on Sunday as Venus Williams pondered the end of her four-gold Games odyssey. Del Potro, the 2009 US Open champion who was pushed to the brink of...
RIO DE JANEIRO: Long Qingquan, of China, celebrates a successful lift in the men’s 56kg weightlifting competition at the 2016 Summer Olympics in Rio de Janeiro. (Inset) Hidilyn Diaz, of the Philipines, wipes away tears after winning the silver medal in the women’s 53kg weightlifting competition at the 2016 Summer Olympics in Rio de Janeiro, Brazil. —AP
Philippines wins first medal in 20 years - Long sets world record in winning weightlifting gold
RIO DE JANEIRO: Long Qingquan, of China, celebrates a successful lift in the men’s 56kg weightlifting competition at the 2016 Summer Olympics in Rio de Janeiro. (Inset) Hidilyn Diaz, of the Philipines, wipes away tears after winning the silver medal in the women’s 53kg weightlifting competition at the 2016 Summer Olympics in Rio de Janeiro, Brazil. —APRIO DE JANEIRO: Long Qingquan of China set a world record in winning Olympic gold in the...
The Cabinet yesterday decided to raise petrol prices
MPs again discuss petrol price hike, mull options - Lawmakers demand comprehensive economic reforms
KUWAIT: Lawmakers yesterday again called on the government to apply the economic reforms package and not the petrol price hike alone in order to provide protection to citizens. The call came following a meeting by MPs at the speaker's office to study the implications of the price hike and ways to convince the government to take measures to compensate Kuwaiti citizens.MP Abdullah Maayouf said that a scheduled meeting with the prime minister and...
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World Bank hails petrol price hike as 'bold move'
KUWAIT: Kuwait's partial deregulation of gasoline prices represents a politically and economically bold move in a country where subsidies are amongst the highest in the world at a per capita level, said Firas Raad, World Bank Country Manager in Kuwait, yesterday. Energy subsidies in Kuwait represent a major burden on public finances with estimates ranging from 1.3 to 5.7 percent of GDP, with the higher estimates taking into account the costs of...
KUWAIT: Aseel Al-Mizyed, Spokesperson and Director of Public Relations and Information at the Public Authority for Manpower. — Photo by Yasser Al-Zayyat
Companies with less than 5 workers can pay staff in cash
KUWAIT: Aseel Al-Mizyed, Spokesperson and Director of Public Relations and Information at the Public Authority for Manpower. — Photo by Yasser Al-ZayyatKUWAIT: Businessmen who employ less than five workers can pay their salaries in cash without the need to transfer them through banks, according to a new decision issued by the Public Authority for Manpower (PAM). Employers in this case who fail to transfer the salaries of their employees should...
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A helicopter flied over burning oil fields which were set on fire by Iraqi soldiers before they retreated from Kuwait.
How Iraq’s invasion of Kuwait upended lives of expatriates
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ADDIS ABABA: Pedestrians walk on the newly built walkway in Addis Ababa. The Ethiopian birr weakened by 28 percent against the dollar this week after the central bank adopted a market-determined foreign exchange rate. – AFP
Ethiopian authorities crack down on price hikes after currency float
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KUWAIT: Oil wells were set ablaze by Iraqi troops. – KUNA
Kuwait marks 34th invasion anniversary, remembers support
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(Left) Iranians take part in a funeral procession for late Hamas leader Ismail Haniyeh in Tehran on Aug 1, 2024, ahead of his burial in Qatar. (Right) Hezbollah fighters and mourners carry the casket of slain top commander Fuad Shukr during his funeral in Beirut's southern suburbs on Aug 1, 2024. - AFP photos
Hamas, Hezbollah vow revenge
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Being in Kuwait during invasion: Soldier’s sister shares story