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Burgan Bank continues its sponsorship of world champion wheelchair fencer Tariq
KUWAIT: Burgan Bank is proud to be the title sponsor of Tariq Al Qallaf, Kuwait’s world champion wheelchair fencer, for the third time in a row on his journey to the prestigious USA Fencing Championship. The championship will take place in Michigan during October, 2016.The bank’s sponsorship reflects its commitment and active dedication towards its young Kuwaiti talents as well as its belief that Al Qallaf’s talent has defied all odds and...
MPHALI: India’s Virat Kohli plays a shot during the World T20 cricket tournament match between India and Australia. —AFP
Australia praises World T20’s ‘Virat show’
MPHALI: India’s Virat Kohli plays a shot during the World T20 cricket tournament match between India and Australia. —AFPMOHALI: Australian commentators were full of praise for Virat Kohli’s thrilling batting yesterday, even though his heroic 82 sent Steve Smith’s team crashing out of the World T20. India triumphed in the do-or-die showdown in Mohali as they successfully ran down Australia’s 160 for 6 to win with five balls to spare as...
NEW DELHI: Sri Lanka’s wicket keeper Dinesh Chandimal (L) watches as South Africa’s Hashim Amla plays a shot during the World T20 cricket tournament match between South Africa and Sri Lanka at Feroz Shah Kotla cricket ground in New Delhi yesterday. — AFP
Amla secures S Africa’s dead rubber win
NEW DELHI: Sri Lanka’s wicket keeper Dinesh Chandimal (L) watches as South Africa’s Hashim Amla plays a shot during the World T20 cricket tournament match between South Africa and Sri Lanka at Feroz Shah Kotla cricket ground in New Delhi yesterday. — AFPNEW DELHI: Opener Hashim Amla struck an unbeaten 56 for South Africa in its eight-wicket win over Sri Lanka in the last World Twenty20 Group 1 game yesterday. Amla hit five fours and one...
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Banks and consumers offset dismal corporate earnings - NBK ECONOMIC REPORT
KUWAIT: The financial results of companies listed on the Kuwait Stock Exchange (KSE) for 2015 were disappointing. Strong performances by the banking and consumer sectors were offset by weakness in the telecoms and oil and gas sectors. The unimpressive results went largely unnoticed by the market, which continued to be driven largely by oil prices.The earnings of 101 Kuwaiti-listed companies totalled KD 1.2 billion in 2015, down 3.5 percent...
KUWAIT: Gulf Insurance Groupís (GIG) 54th ordinary general assembly meeting in progress
GIG Group achieves net profit of KD 14.09m - Group announces distribution of 40% cash dividend
KUWAIT: Gulf Insurance Groupís (GIG) 54th ordinary general assembly meeting in progressKUWAIT: Gulf Insurance Group (GIG), held its 54th ordinary general assembly meeting. The group announced that it achieved net profit KD 14.09 million ($ 46.9 million), equivalent to 78.60 fils per share for the year ended December 31, 2015, reflecting a double digit growth of 17 percent compared with profit KD 12.0 million ($ 39.9 million) for the same period...
People walk beneath a sign for foreign currency exchange in Hong Kong
China launders cash of foreign criminals - Scam artists, drug cartels and gangs find a new haven
People walk beneath a sign for foreign currency exchange in Hong KongASHDOD, Israel: Scam artists, drug cartels and gangs from around the world have found a new haven for laundering money: China. The country's well-developed underground financial networks have caught the attention of foreign criminals who are using China to clean their dirty money and pump it back into the global financial system - largely beyond the reach of Western law...
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Al-Mazaya okays 7% cash dividend to shareholders
KUWAIT: Al-Mazaya Holding held its Ordinary General Assembly Meeting of 2015, on 28 March 2016, at Al-Murqab District, Sharq, at Al-Mazaya Tower 1, one of its 3 Towers in the heart of Kuwait capital with a quorum of 70.77 percent.Rashid Yaqoub Al-Nafisi, Chairman of the Board, called the meeting to order, in the presence of shareholders, members of the board, Group CEO Eng. Ibrahim Al-Soqaabi, a representative from the Ministry of Commerce and...
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Zain Kuwait teams up with Huawei on B2B services
KUWAIT: Zain, the leading telecommunications company in Kuwait, has announced a strategic cooperation with Huawei-a leading global ICT solutions provider-to work together to enhance Zain’s business-to-business (B2B) service offerings for organizations across the country. The memorandum of understanding (MoU) recognizes that the digitization of the local economy is opening up new business opportunities, and that telecom operators will play a...
Adam Philpott
Cisco to address cyber security risks inhibiting digital ambitions
Adam PhilpottDUBAI: Cisco announced its participation in the Gulf Information Security Expo & Conference (GISEC 2016),which will take place under the collective banner of Future Technology Week, to be held at Dubai World Trade Centre from March 29-31, 2016. As a high level sponsor, Cisco will showcase its strategy of ‘Threat-centric Security’, which includes threat detection, defense and secure remote access.The global technology leader will...
BRAZIL: Lara, who is less than three months old and was born with microcephaly, is examined by a neurologist at the Pedro hospital in Campina Grande, Paraiba state. — AP photos
Zika landed in Brazil 2 years before it was detected
NEW YORK: The worrisome Zika virus apparently has been in Brazil at least a year longer than experts previously thought, according to new research. Some experts have speculated the virus first came to the Americas sometime in 2014. But the new study - led by Brazilian researchers - concludes Zika landed in Brazil a year earlier. The researchers coupled cutting-edge genetic sequencing of the virus with an analysis of human travel patterns. They...
Heidi Klum
Klum keeps her shoes for her children
Heidi KlumHeidi Klum hoards her clothes for her children to inherit. The 42-year-old supermodel - who landed her first modeling contract after winning the ‘Model 92’ contest in 1992 in Germany - has admitted she keeps all her old footwear, still in their boxes, for her two daughters, Leni, 11, and Lou, six, to wear when they are older - but only if they can grow into them. Speaking to Vogue magazine, the blonde beauty said: “Well, I’m a...
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Pakistan Bombing
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Overstayers, sponsors to be deported
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Kuwait under unsteady northern and northwesterly winds triggering dust. - KUNA
Kuwait weather to remain unstable
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MAJDAL SHAMS: Druze elders and mourners surround the coffins of 10 of the 12 people killed in a rocket strike from Lebanon a day earlier, during a mass funeral in this Druze town in the Zionist-annexed Golan Heights on July 28, 2024. - AFP
Mideast seethes amid carnage
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Official commends Kuwait and China military cooperation
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KUWAIT: Photo provided by the Al-Zour oil Refinery shows a view of the facility, in Al-Zour, south of Kuwait City. – AFP
The impact of oil discoveries