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Fozan Saud Al-Fozan

NBK Capital advisor on the sale of Multibrands

Fozan Saud Al-FozanKUWAIT: NBK Capital acted as the financial advisor on the sale of 100 percent of Multibrands Trading Company. Multibrands was established in Saudi Arabia in 2006 and is owned by Kuwaiti entrepreneur Fozan Saud Al-Fozan who has been active in the food and beverage (F&B) sector since 1982. Mutibrands is considered one of the most successful F&B distributors in Saudi Arabia with over 50 premium brands and an annual turnover in...

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KSE witnesses a buoyant week - KFH Capital Weekly Market Report

KUWAIT: This has not been a positive week for the indices as KSE price index closed down 0.35 percent, 5,373.17 down 18.64 points compared to the week before. As for the MUDX it also decreased 1.10 percent to close at 523.87 for the week down 5.85 points. KSE Weighted was also down decreasing 3.67 points to close at 362.61 down 1 percent to the previous week .While the market blue-chip index the KSX15 witnessed a decrease of 9.98 points to close...

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Renault Al-Babtain sponsors annual carnival for French school in Kuwait

KUWAIT: Abdulmohsen Abdulaziz Al-Babtain, the authorized dealer of Renault in the state of Kuwait, was determined to sponsor the annual carnival La Kermesse which was organized by the French school of Kuwait.This sponsorship is proof of Renault Al-Babtain's diligent efforts in making a mark in various activities in the country and for it to be well placed within all segments of the Kuwaiti society.The carnival included approximately 30 games and...

CALIFORNIA: File photo shows a Google self-driving car traversing a parking lot atnGoogle’s headquarters in Mountain View, California

Self-driving cars in a fast lane: Fiat Chrysler chief

CALIFORNIA: File photo shows a Google self-driving car traversing a parking lot atGoogle’s headquarters in Mountain View, CaliforniaDETROIT: Self-driving cars could hit roads within five years, the head of Fiat Chrysler Automobiles said Friday, days after the company announced an alliance with Google parent Alphabet. Chief executive Sergio Marchionne declined to disclose financial details of the partnership or a timetable for building minivans...

BOSTON: In this Feb 20, 2015 file photo, Charla Nash smiles as her care worker washes her face at her apartment. — AP

Chimp victim hospitalized with face-transplant complications

BOSTON: In this Feb 20, 2015 file photo, Charla Nash smiles as her care worker washes her face at her apartment. — APHARTFORD: The Connecticut woman who underwent a face transplant five years ago after being attacked by a chimpanzee is back in a Boston hospital after doctors discovered her body is rejecting tissue from the transplant.Dr Bohdan Pomahac, director of plastic surgery transplantation at Brigham and Women's Hospital, said Wednesday...

MINNEAPOLIS: A star honoring Prince, now painted gold, stands out on the wall, Thursday at a memorial for the singer at First Avenue, a venue where he often performed. — AP

How Prince 'lifesaving mission' turned tragic for doctor's son

MINNEAPOLIS: A star honoring Prince, now painted gold, stands out on the wall, Thursday at a memorial for the singer at First Avenue, a venue where he often performed. — APAndrew Kornfeld's red-eye flight to bring a prescription drug to Prince has been described by his attorney as a "lifesaving mission" to persuade the superstar to start treatment for addiction.Instead, the 26-year-old Californian found Prince collapsed in an elevator at his...

NEW YORK: Geena Davis, Meg Ryan, Nia Vardalos and Kimberly Williams at a press conference promoting their latest joint movie project. — AFP

Nia Vardalos, Meg Ryan, Geena Davis Talk Sexism in Hollywood

NEW YORK: Geena Davis, Meg Ryan, Nia Vardalos and Kimberly Williams at a press conference promoting their latest joint movie project. — AFPWorking together on "Tootsie," Dustin Hoffman gave Geena Davis wise career advice that she has followed ever since. "One of the things he told me was 'Work on getting your own material. Read books. Read articles, get the rights,'" says Davis. "So from the very beginning that was in my mind. In fact, I tried...

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Arab human rights defender commends PAM

KUWAIT: Deputy Chairman of the Arab League human rights committee Dr Abdulmajid Zaalani said the Kuwaiti center for sheltering foreign workers is a pioneering center in the region in providing basic services for the expatriates and solving their problems. “The center, an affiliate of the Public Authority for Manpower (PAM), provides a humanitarian treatment, including dwelling and healthcare, for the expatriates, males and females, who lost...

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Egyptian lady detained, Husband fights with a Pakistani

KUWAIT: An Egyptian lady was recently detained for withholding information about her husband’s whereabouts, said security sources. Case papers indicate that the husband quarreled with a Pakistani over traffic issues and then drove away. The Pakistani reported the matter to the police and gave them his license plate number which happened to be that of the suspect’s wife car. On summoning her to the station, she claimed that her husband...

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Citizenship forgery case

KUWAIT: In another citizenship forgery case, a Kuwaiti couple was recently arrested for registering two twins in their citizenship file. The mother was found to be 55 on the first registry and 58 on the second, said security sources. Both forgeries were discovered when an employee noticed the parents age and notified her superior who referred them to citizenship detectives. The suspects admitted to receiving money to add the kids to their file. A...

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Kuwait, Bangladesh deepen cooperation

DHAKA: His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah ended a three-day official visit to Bangladesh at the invitation of Prime Minister of the Government of the People’s Republic of Bangladesh, a final statement said. During the visit, His Highness the Prime Minister paid a courtesy call on President of Bangladesh Mohammed Abdul Hamid, where they emphasized the importance of deepening cooperation between Bangladesh...

His Highness Prime Minister Sheikh Jaber Al-Mubarak Al- Hamad Al-Sabah meets General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. — KUNA

KPI, PetroVietnam ink deal - PM urges expansion of Kuwait oil industry worldwide

His Highness Prime Minister Sheikh Jaber Al-Mubarak Al- Hamad Al-Sabah meets General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. — KUNAHANOI: Kuwait Petroleum International (KPI) and PetroVietnam have signed a cooperation agreement that aims at re-focusing their refining and petrochemicals strategies. KPI’s Chief Executive Officer Bakheet Al-Rashidi said yesterday, that the agreement will enhance KPI’s manufacturing and...

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Tough new traffic law in works

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Teen suicide and the untold stories behind it

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Trailblazing Kuwaiti fish and chip fan says selection not sunk in

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Charles Michel

Kuwait, EU deepen ties, cooperation

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Sheikha Jawaher Ibrahim Duaij Al-Sabah and other officials take a group photo after the 54th session of the Permanent Arab Committee for Human Rights. – KUNA photos

Kuwait promotes human rights, calls for exchange of expertise