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Sheikh Salman Al-Sabah (second from right) with Khalaf Al-Otaibi (third right)
Khalaf Al-Otaibi lauds Kuwait shooters’ achievements
Sheikh Salman Al-Sabah (second from right) with Khalaf Al-Otaibi (third right)KUWAIT: President of Kuwait and Arab Shooting Federations Eng Duaij Khalaf Al-Otaibi said Kuwait shooting continues its efforts and participation in local tournaments organized by the shooting club, regional and international events, as Kuwait shooters were able to qualify for the Rio de Janeiro 2016 Olympics with six players despite the unfair ISSF decision to take...
Sheikh Saud Bin Nasser Al-Thani
Ooredoo Kuwait posts KD 175m revenue for Q1 2016 - Net profit more than triples , customer number increases by 3%
Sheikh Saud Bin Nasser Al-ThaniKUWAIT: National Mobile Telecommunications Company KSCP- NMTC (Ooredoo) yesterday announced its financial results for the first quarter of 2016:Financial Highlights:* Total customer base increased by 2.8 to 24.1 million at the close of Q1 2016, versus 23.5 million for the same period in 2015.* Revenues for Q1 of 2016 stood at KD 175.3 million, compared with KWD 174.3 million for the same period in 2015, an increase...
Ahmad Alzabin
ALAFCO posts net profit of KD 6.1m in H1
Ahmad AlzabinKUWAIT: Vice Chairman of the Board and Chief Executive Officer of Aviation Lease and Finance Company (ALAFCO) Ahmad A Alzabin, announced that the company earned a net profit of KD 6.1 million ($ 20.1 million) for the first half of its current fiscal year ended 31 March 2016. That translates to earnings per share of 6.9 fils ($ 0.02).Alzabin said in a statement released to the press after a meeting of the Board of Directors that the...
Tariq AbdulSalam
KIPCO announces 13% jump in Q1 net profit - 'Core businesses continue to grow:' CEO Investment
Tariq AbdulSalamKUWAIT: KIPCO - the Kuwait Projects Company - has announced a net profit of KD 13.5 million ($ 44.7 million) for the first three months of 2016 - an increase of 13 per cent over the KD 12 million ($ 40 million) profit reported for the same period last year. Earnings per share grew by 18 per cent to 7.45 fils ($2.5 cents) from 6.31 fils ($2.1 cents) per share reported for the same period last year.The company also reported a 7 per...
Mazin Saad Al-Nahedh
KFH post net profits of KD 34.1m for Q1 of 2016 - KFH strategy achieving sustainable income: Al-Nahedh
Mazin Saad Al-NahedhKUWAIT: Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh said that the indicators of profitability, asset quality and liquidity are testimony to KFH’s strong financial position, indicating that KFH posted net profits of KD 34.1 million for the Q1 of 2016, an increase of 14.1 percent over the same period last year.He added that KFH’s capital adequacy ratio (CAR) reached 17.04 percent,...
Al-Mazaya Holding’s Chairman Rashid Al-Nafisi
Al-Mazaya Holding reports KD1.86m net profit for Q1 - Operating income jumps by 66.9% to KD15.99 million
Al-Mazaya Holding’s Chairman Rashid Al-NafisiKUWAIT: Al-Mazaya Holding has announced its financial results for the first quarter of 2016, with the company achieving a net profit of KD1.86 million, compared to KD1.71 million in the corresponding period, in 2015. This represents an increase of 8.5 per cent. Earnings Per Share (EPS) reached 3.00 fils, compared to 2.77 fils, in the first quarter of 2015.Speaking after the board meeting held on 25...
WUHAN: Photo shows the US auto giant General Motors’ Buick cars being assembled at Wuhan auto plant in Wuhan, central China’s Hubei province. — AFP
The US automaker's secret weapon Chinese-made, US-bound: automakers eye exports
WUHAN: Photo shows the US auto giant General Motors’ Buick cars being assembled at Wuhan auto plant in Wuhan, central China’s Hubei province. — AFPSHANGHAI: A gigantic robotic arm capable of lifting an entire chassis at a General Motors plant in Shanghai is the US automaker's secret weapon as it seeks to sell "Made in China" cars to America. The yellow machine-dubbed "Fanuc" by workers after its maker-can lift a one-ton object and is being...
This image released by Starz Digital shows Nicole Kidman, left, and Jason Bateman in a scene from ‘The Family Fang.’— AP
Review: Adaptation examines dysfunction of 'The Family Fang'
This image released by Starz Digital shows Nicole Kidman, left, and Jason Bateman in a scene from ‘The Family Fang.’— APFamily dysfunction takes on new meaning in "The Family Fang," a film about a pair of performance artists for whom everything in life is part of the act, and the effects this existence has on their two children. The elegantly structured adaptation of Kevin Wilson's best-selling novel opens in a scene from the past. In the...
This combo of screen grabs taken from handout video released yesterday from the National Film and Sound Archive of Australia shows the four members of the Beatles (clockwise from top left), John Lennon, Paul McCartney, Ringo Starr and George Harrison, whilst back stage before an appearance in the British city of Manchester in 1965. — AFP photos
Unseen Beatles footage released
This combo of screen grabs taken from handout video released yesterday from the National Film and Sound Archive of Australia shows the four members of the Beatles (clockwise from top left), John Lennon, Paul McCartney, Ringo Starr and George Harrison, whilst back stage before an appearance in the British city of Manchester in 1965. — AFP photosNever-before-seen footage of The Beatles "mucking around" in a make-up studio ahead of a television...
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Chernobyl 30 years later
KUWAIT: (From left) Director of policy planning at the UAE foreign ministry Mohammad Abu Shahab, Kuwait’s foreign ministry undersecretary Khaled Al- Jarallah, US State Department undersecretary of state for public affairs Rick Stengel and head of the coalition communications cell at the UK foreign and commonwealth office Dan Chugg attend the ‘Global Coalition Against ISIS’ communication working group’s conference yesterday. — Photo by Yasser Al-Zayyat
Call for broad strategy to fight IS; 'Sense of optimism' over Yemen talks - UN welcomes 'progress'
KUWAIT: (From left) Director of policy planning at the UAE foreign ministry Mohammad Abu Shahab, Kuwait’s foreign ministry undersecretary Khaled Al- Jarallah, US State Department undersecretary of state for public affairs Rick Stengel and head of the coalition communications cell at the UK foreign and commonwealth office Dan Chugg attend the ‘Global Coalition Against ISIS’ communication working group’s conference yesterday. — Photo by...
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Sale of state firms referred to prosecution
KUWAIT: The National Assembly's public funds protection committee yesterday recommended that the sale of two state-owned companies should be referred to the public prosecution to investigate suspected corruption and violations, head of the committee said. MP Abdullah Al-Turaiji said the committee had previously asked the Audit Bureau to investigate the sale contracts of Kuwait Motoring Company and Kuwait Agriculture Produce Company, both sold to...
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Teen suicide and the untold stories behind it