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EAST RUTHERFORD: In a Sunday, April 7, 2013 file photo, wrestler John Cena, top, chokes Dwayne Douglas Johnson, known as The Rock as they wrestle during Wrestlemania, in East Rutherford, N.J. WWE bills WrestleMania as its Super Bowl, and is headed to a stadium worthy of a Super Bowl. The WWE has lofty expectations of stuffing 100,000 fans inside AT&T Stadium in Arlington, Texas. - AP
WWE's WrestleMania looks to upstage NCAA Final Four
EAST RUTHERFORD: In a Sunday, April 7, 2013 file photo, wrestler John Cena, top, chokes Dwayne Douglas Johnson, known as The Rock as they wrestle during Wrestlemania, in East Rutherford, N.J. WWE bills WrestleMania as its Super Bowl, and is headed to a stadium worthy of a Super Bowl. The WWE has lofty expectations of stuffing 100,000 fans inside AT&T Stadium in Arlington, Texas. - APTEXAS: WWE bills WrestleMania as its Super Bowl. WrestleMania...
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Japan kills 333 minke whales
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Gulf markets retreat as oil tumbles again
KUWAIT: Gulf stock markets retreated yesterday after Brent crude oil pulled back below $39 a barrel, while Egypt's bourse erased early gains. Brent fell 3 percent last week, although it finished the first quarter up 6 percent. In response, Riyadh's stock index fell 1.6 percent to a five-week low of 6,126 points, breaking technical support at its mid-March low of 6,202 points.Yesterday, the Saudi market started trading at 10 am local time (0700...
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Gold prices plummet to lowest level in 5 weeks
KUWAIT: Gold price dropped to USD 1,207 per ounce, the lowest level since five weeks ago, affected by US employment reports for March, said Sabaek Al-Kuwait Company yesterday. The American reports contributed to boosting the US dollar against major European currencies and precious metals, where the gold lost USD 30 of its price, dropping from the highest level it reached last Thursday.The gold dropped from 1,246 per ounce to USD 1,207. However,...
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Avaya offers communications solutions with quick ROI - 'Avaya VP offers insights on changes in technology, future business solutions'
Information Technology, especially communication technology, is a key business driver. Among one of the fast growing markets in Kuwait, where companies, large corporations, ministries and government departments are seeking means of streamlining communication in house and with stake holders. Kuwait Times spoke with Mohammed Areff, Vice President Middle East, Africa and Turkey for Avaya to hear his views on upcoming trends in the complex world of...
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NBK Salary transfers will now only be processed online
KUWAIT: Starting from April 2016, National Bank of Kuwait (NBK) will only process online salary transfers. All NBK Business Banking customers, who did not yet register in NBK's Salary Portal Service, are asked to visit NBK's closest branch were Business Banking Relationship officer is available  in order to register and benefit from the fast and convenient options it offers.Once registered, NBK Business Banking customers can start executing the...
KUWAIT: Jamie Galvis, COO of Microsoft Gulf (right) is pictured with Charles Nahas, General Manager, Microsoft Kuwait. —Photo by Joseph Shagra
Microsoft displays latest technologies at Innovation Bazaar
KUWAIT: Jamie Galvis, COO of Microsoft Gulf (right) is pictured with Charles Nahas, General Manager, Microsoft Kuwait. —Photo by Joseph ShagraKUWAIT: Game-changing technology products and solutions were displayed recently at the 'Innovation Bazaar' organized by Microsoft Kuwait at the Salwa Al-Sabah Hall in Salmiya. Guest speaker and COO of Microsoft Gulf Jaime Garviz told Kuwait Times that Microsoft had an investment of about $15 billion in...
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New cholesterol methods needed in wake of failed drugs
NEW YORK: New ways of controlling cholesterol, including possibly directly injecting “good” HDL cholesterol into patients, need to be studied following the failure of promising treatments from Eli Lilly, Pfizer Inc and Roche Holding AG, according to top heart researchers.Lilly in October halted a 12,000- patient study of its experimental drug evacetrapib, an oral medication that in smaller earlier studies slashed “bad” LDL cholesterol and...
‘Dreamlike space’: Zaha Hadid’s Heydar Alijev center in Baku, Azerbaijan, completed in 2012.—Alamy  ( Inset ) Zaha Hadid
The devastating loss of Zaha Hadid for women in architecture
‘Dreamlike space’: Zaha Hadid’s Heydar Alijev center in Baku, Azerbaijan, completed in 2012.—Alamy ( Inset ) Zaha HadidYou may not always like her aesthetic, her candor or the politics of her clients, but Zaha Hadid, the star architect who died suddenly in Miami on March 31, has left a dark hole in the world of architecture. An inimitable mind, Hadid often proposed dazzling "swoopy" avant-garde structures, earning the nickname the "Queen...
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Lawmakers slam govt's new power consumption tariffs - MPs deride reform measures, privatization moves
KUWAIT: MP Saleh Ashour urged his colleagues to take a serious stand against the new electricity and water consumption tariffs due to be imposed on citizens and expats and described them as 'disastrous', because they would negatively affect their 'already empty pockets', as he put it. He also described rejecting previous proposals on determining the consumption categories' pricing and coming up with current ones as a 'pretext'. Ashour urged the...
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Rain expected on Tuesday
KUWAIT: Rain and heavy winds are expected this Tuesday as a result of a low pressure that is also expected to affect Saudi Arabia, the United Arab Emirates, Bahrain and Qatar.The Sudanese low pressure front would also bring with it south easterly winds with a speed of 30-50 k/h, said Khaled Al- Shuwaibi, Deputy Director of the Directorate General of Civil Aviation (DGCA).By A Saleh
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Domestic helper offices’ owners slam new law
KUWAIT: In a recent session, the parliament approved amending the law to establish a closed shareholding company to recruit domestic helpers and referred it to the government.The first article of the law stipulates establishing a closed shareholding company that would only make profits of a maximum 10 percent of the total cost of recruiting a domestic helper.According to the law, 10 percent of the shares would be allocated to the Kuwait...