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US dollar stable against KD at 0.300
KUWAIT: The exchange rate of the US dollar against the Kuwaiti dinar stabilized at KD 0.300, while the euro went up to KD 0.330 compared to the exchange rates for Wednesday, said a statement by the Central Bank of Kuwait (CBK) yesterday. According to the CBK, the exchange rate of the sterling pound went up to KD 0.427 while the Swiss franc was stable at KD 0.301.Exchange rate of the Japanese Yen firmed at KD 0.002. The US dollar pared gains...
Arafat Sunny and Taskin Ahmed
Bangladesh bowlers reported for action
Arafat Sunny and Taskin AhmedNEW DELHI: Bangladesh bowlers Arafat Sunny and Taskin Ahmed have been reported for suspect bowling actions during their side’s opening match in the World Twenty20, the International Cricket Council (ICC) said yesterday. Off-spinner Sunny, 29, and paceman Ahmed, 20, turned out for Bangladesh in a qualifying match against the Netherlands in Dharamsala on Wednesday.Bangladesh won the match by eight runs. The...
Sean Williams (right) of Zimbabwe plays a shot as Scotland’s Matt Cross looks on during the World T20 cricket tournament match between Scotland and Zimbabwe at the Vidarbha Cricket Association Stadium. — AFP
Zimbabwe eliminate Scotland from World T20, win by 11 runs
Sean Williams (right) of Zimbabwe plays a shot as Scotland’s Matt Cross looks on during the World T20 cricket tournament match between Scotland and Zimbabwe at the Vidarbha Cricket Association Stadium. — AFPNAGPUR: Sean Williams stroked a brisk fifty before the bowlers ensured a second straight win for Zimbabwe, beating Scotland by 11 runs in the World Twenty20 in Nagpur yesterday. Electing to bat, Zimbabwe suffered from regular wicket-fall...
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Khalid Al-Ghunaim 9 Ball Tournament completes group qualification games
KUWAIT: Matches between professionals at the late Khalid Al-Ghunaim 9 Ball Tournament being held at Hot Shot Plazio in Hawally, were hot and strong at the end of the group qualification matches. Kuwait’s Omar Al-Shaheen and Mishal Al-Mardhi, UAE’s Omran Salem and Mohammad Al-Housani made it to the next rounds along with ranked world champions Ralf Souqet of Germany, USA’s Shane Van Boening, Polish Champions Mathews Thomas and Philippines...
Tennis player Maria Sharapova reacts as she addresses the media regarding a failed drug test
Racket firm gives Maria benefit of doubt
Tennis player Maria Sharapova reacts as she addresses the media regarding a failed drug testLONDON: Racket firm Head intends to extend its contract with five-times grand slam champion Maria Sharapova despite her failing a drugs test at this year’s Australian Open, CEO Johan Eliasch said yesterday. The 28-year-old Russian will be provisionally suspended by the International Tennis Federation (ITF) from this weekend after she admitted at a news...
Paris Saint-Germain’s Swedish forward Zlatan Ibrahimovic celebrates scoring his team’s second goal during the UEFA Champions League round of 16 second leg football match between Chelsea and Paris Saint- Germain (PSG) at Stamford Bridge
Ibrahimovic silenced his doubters: Blanc
Paris Saint-Germain’s Swedish forward Zlatan Ibrahimovic celebrates scoring his team’s second goal during the UEFA Champions League round of 16 second leg football match between Chelsea and Paris Saint- Germain (PSG) at Stamford BridgeLONDON: Paris Saint-Germain coach Laurent Blanc said that Zlatan Ibrahimovic had answered his critics by inspiring his team to victory over Chelsea in the Champions League last 16. Ibrahimovic created the...
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Kuwait to let private sector manage ports
DUBAI: The government plans legislation that will let the private sector manage commercial ports and the country's international airport, with the government retaining its ownership of the assets, a senior government official told Reuters on Tuesday. Like other Gulf states, Kuwait is under heavy pressure to cut costs and improve the efficiency of its economy as low oil prices cause it to run a state budget deficit.There is an urgent need "to...
His Highness the Amir Sheikh Sabah Al-Ahmad Al- Jaber Al-Sabah receives flowers from one of the graduating students
Amir patronizes Kuwait University graduation ceremony
His Highness the Amir Sheikh Sabah Al-Ahmad Al- Jaber Al-Sabah receives flowers from one of the graduating studentsKUWAIT: Kuwait University held a graduation ceremony yesterday for excellent students of the 2014-2015 academic year, under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. Upon his arrival, His Highness was received by Minister of Education and Minister of Higher Education Bader Al-Essa, Kuwait...
Dr Muhammad Yunus
Women are family’s economic backbone
Dr Muhammad YunusKUWAIT: Women are the family’s economic backbone, said Nobel Laureate and founder of Grameen Bank Dr Mohammad Yunus late Tuesday.During a lecture held at Kuwait Chamber of Commerce and Industry, Yunus pointed out that 99 percent of Grameen’s clients were women. His remarks came coinciding with the International Women’s Day. “Women are more committed and keen on investing and saving funds, while men tend to enjoy money,...
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Expert recommends full-scale reforms for Kuwait economy - Bureaucracy, lack of competition affect Kuwait
KUWAIT: An eminent expert has called for comprehensive structural reforms to boost integration among the country's various sectors and enhance the financial basis to minimize effects on the State budget due to low oil prices. Dr Walid Abedmawlah said in an interview with KUNA that core of reforming the economy is finding alternatives to oil to broaden public income resources and balance the general budget, regardless of the fluctuating oil...
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Railway, Metro projects to meet future requirements
KUWAIT: Transportation Ministry noted yesterday that the development of road transport system is part of the country’s development plans to meet future transportation requirements through projects like railway and the Metro. Advisor to Minister of Transportation Najib Al-Munifi made the remarks in a statement, during the second day of (Kuwait Investment Forum), adding that there are many great opportunities in this sector to foreign and Arab...
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Kuwait bans poultry products from India
KUWAIT: The Public Authority for Agricultural Affairs and Fish Resources has banned the import of all poultry products from India due to concerns of H5N1 (bird flu). Kuwait accounts for only a fraction of India’s export market to the Middle East, importing around 24.19 tons of poultry annually.The ban is a precautionary measure due to recent outbreaks of bird flu in several areas of India including Tripura and Mizoram. India is a major supplier...