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KSE witnesses negative week as price index falls - KFH WEEKLY REPORT
The KSE Indices witnessed a negative week as the KSE price index closed with 5,377.05a decrease of 0.36% down 19.62 points compared to the previous week. As the MUDX also witnessed a decrease of 0.52%to close at 512.74 for the week. While the market blue-chip index the KSX15 closed at 818.10 points down 1.61% during the week. Gulf stock witnessed a mixed week ahead of an OPEC meeting that will discuss the possibility of coordinated action among...
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KAMCO adopts CFA Institute Asset Manager Code of Professional Conduct
Faisal M.SarkhouKUWAIT CITY: CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added KAMCO Investment Company KSC (Public) to the growing list of investment firms that claim compliance with its Asset Manager Code of Professional Conduct. KAMCO is one of more than 1,000 firms worldwide to claim compliance with the code.The Asset Manager Code of Professional Conduct clearly...
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Listening to Customers’ requests, Fantasy World Unveils ‘The Edge’ Department in its Al Rai Store
Kuwait: Fantasy World announced the launch of The Edge Department at its Al Rai store. The Edge stands for Eclectic Designer Gifting Excitements, it is the hub for the most innovative and unique gifting items targeted for adults. Fantasy World is known to be a trendsetter and market leader due to the international product range it offers.Fakhri Al Balki, Fantasy World's Retail Manager, commented, "We have observed that as children run around...
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‘Ghostbusters’ courts male moviegoers
In this image released by Sony Pictures (from left) Leslie Jones, Melissa McCarthy, Kristen Wiig and Kate McKinnon are seen from the film ‘Ghostbusters’, opening nationwide on July 15. — APTo sell "Ghostbusters", who are you going to call? In the film's initial nationwide TV spots, not its female stars. Sony Pictures trotted out commercials Thursday night that promoted the female-led reboot not with cast members Melissa McCarthy or Kristen...
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Thailand's Tiger Temple
Prostitutes caught in Salmiya brothel
Prostitutes caught in Salmiya brothel
Prostitutes caught in Salmiya brothelKUWAIT: Vice police recently arrested four people inside a brothel in Salmiya, said security sources. The suspects, Chinese, include two females and two transsexuals. Case papers indicate that police were tipped off concerning the suspects' activities, and that they were offering prostitution services in return for money. The place was stormed and the suspects were arrested then referred to relevant...
Quranic exhibition
Kuwait holds Quranic exhibition
Quranic exhibitionKUWAIT: The National Council for Culture, Arts and Letters organized late on Thursday the Islamic Quran Exhibition, displaying a large number of copies of the Holy Book of diverse and distinctive ornamentations and designs. The fair, hosted by Kuwait Museum, is scheduled till June 16th. - KUNA
KUWAIT: MPs attend a parliament session at the National Assembly yesterday. — Photo by Yasser Al-Zayyat
Budgets committee cuts KD 53 million for twelve departments
KUWAIT: MPs attend a parliament session at the National Assembly . — Photo by Yasser Al-ZayyatKUWAIT: Head of the national assembly budgets committee MP Adnan Abdusamad said on Thursday that the panel has completed the revision of 12 government departments for the current fiscal year and made cuts worth KD 53 million in cooperation with the finance ministry. He said that the panel has approved the budgets and final accounts of five departments...
Golden State Warriors forward Draymond Green (center) struggles to keep the ball from Cleveland Cavaliers forward Richard Jefferson (left) and forward LeBron James (right) during the second quarter of game 1 of the NBA Finals on June 2, 2016 in Oakland, California. / AFP / Beck Diefenbach
Iguodala still mystifies Cavs in finals - Bench lift Warriors to first blood in Finals series
Golden State Warriors forward Draymond Green (center) struggles to keep the ball from Cleveland Cavaliers forward Richard Jefferson (left) and forward LeBron James (right) during the second quarter of game 1 of the NBA Finals on June 2, 2016 in Oakland, California. - AFPOAKLAND: Golden State's Andre Iguodala earned the NBA Finals Most Valuable Player award last year for coming off the bench and playing smothering defense on LeBron James and the...
EDITORS NOTE: Graphic content / The body of a migrant is seen on a Libyan beach on the coast of the northwestern Libyan port city of Zuwarah on June 2, 2016.nThe bodies of more than 100 migrants have washed up on a Libyan beach as a new migrant boat tragedy unfolded in the Mediterranean south of Greece on June 3.nDesperate rescue efforts were under way off the Greek island of Crete where at least 340 people were saved after a vessel believed to have left Africa with hundreds of migrants on board capsized.nThe Libyan navy said meanwhile it had found the bodies of at least 104 migrants on the shore in the western Libyan town of Zwara, warning that the toll could rise. / AFP PHOTO / STRINGER
117 migrant bodies washed up in Libya - Smuggling boat carrying migrants sinks
EDITORS NOTE: Graphic content / The body of a migrant is seen on a Libyan beach on the coast of the northwestern Libyan port city of Zuwarah on June 2, 2016. The bodies of more than 100 migrants have washed up on a Libyan beach as a new migrant boat tragedy unfolded in the Mediterranean south of Greece on June 3. Desperate rescue efforts were under way off the Greek island of Crete where at least 340 people were saved after a vessel believed to...
Saudi Arabia's minister of energy Khalid A Al-Falih (C) attends the 169th meeting of the Organization of the Petroleum Exporting Countries, OPEC, at OPEC headquarters in Vienna, on June 2, 2016. / AFP PHOTO / JOE KLAMAR
Falih slowly wins OPEC for Saudis - 'Gentle approach', 'no shocks' and 'consensus'
Saudi Arabia's minister of energy Khalid A Al-Falih (C) attends the 169th meeting of the Organization of the Petroleum Exporting Countries, OPEC, at OPEC headquarters in Vienna, on June 2, 2016. - AFP VIENNA: Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi Arabia's new Energy Minister Khalid Al-Falih achieved it this week. Intense diplomacy by the soft-spoken Falih at his first OPEC meeting - with his speech peppered by...
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Japan praises boy who survived after abandonment in forest
This undated photo released Friday, June 3, 2016, by Hamawake Elementary School shows 7-year-old Yamato Tanooka, who was found safe nearly a week after he was abandoned in the forest by his parents in Nanae, Hokkaido, northern Japan. The boy's safe return was welcomed in a nation riveted by his disappearance and undergoing intense soul-searching about how it raises and disciplines its children. This photo was taken by his school before he went...
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Tough new traffic law in works
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Gulf Bank Chairman Bader Al-Kharafi
Gulf Bank, Boubyan Bank mull merger into Islamic bank
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Teen suicide and the untold stories behind it
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TEHRAN: Hamas leader Ismael Haniyeh (center) flashes the victory sign during a swearing in ceremony of the new president at the parliament in Tehran on July 30 2024. - AFP
HANIYEH ASSASSINATED
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Charles Michel
Kuwait, EU deepen ties, cooperation