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High rise buildings in Kuwait City
KUWAIT: A general view of high rise buildings in Kuwait City. — Photo by Fouad Al-Shaikh
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Iran finds massive oilfield with 53bn barrels of crude
Tehran starts building second nuclear reactor at Bushehr power plant YAZD, Iran: Iranian President Hassan Rouhani delivering a speech to a crowd in this central city yesterday. - AFP TEHRAN: Iran has discovered a massive new oilfield, President Hassan Rouhani said yesterday, a find that would boost its proven reserves by about a third in a rare piece of "good news" for an economy battered by US sanctions. In a speech aired on state TV, Rouhani...
Fighters of the UAE-trained Security Belt Force, dominated by members of the Southern Transitional Council (STC) which seeks independence for south Yemen, patrol a street in an area near the Aden International airport on August 28, 2019. (Photo by Nabil HASAN / AFP)
UAE calls for Iran talks, says Houthis have role in Yemen
ABU DHABI: A top UAE official yesterday said Arab Gulf states should take part in "collective diplomacy" to reach an agreement with Iran amid increased tensions between Washington and Tehran. UAE state minister of foreign affairs Anwar Gargash's statements come following a string of attacks that Washington and its allies blamed on Tehran. Iran denies the allegations. Animosity between the Islamic republic and the United States has soared since...
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Tunisia #MeToo breaking taboos
TUNIS: Viral images of a Tunisian lawmaker outside a high school have sparked the country’s own #MeToo moment, with sex abuse victims breaking taboos under the hashtag #EnaZeda. Discussion of sexual harassment had previously been limited to a few edgy TV shows, but now thousands of women in the North African nation are sharing their experiences from lecherous remarks to pedophilia. A video showing the mustachioed politician sitting in a car...
NAMKHANA, India: A woman cleans her house damaged by Cyclone Bulbul in Bakkhali yesterday. — AFP
Bulbul smashes into India, Bangladesh
Cyclone kills 20 people - More than two million spend night in storm sheltersKHULNA, Bangladesh: Twenty people died and more than two million others spent a night huddled in storm shelters as Cyclone Bulbul smashed into the coasts of India and Bangladesh with fierce gales and torrential rains, officials said yesterday. The cyclone packed winds of up to 120 km per hour when it hit late Saturday, forcing the closure of ports and airports in both...
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Iraqis struggling to maintain sit-ins after deadly crackdown
Amnesty warns of 'bloodbath' as political forces close ranksBAGHDAD: Iraqi protesters clashed with security forces in Baghdad yesterday, following a deadly crackdown that Amnesty International warned could turn into a "bloodbath". Demonstrators across the south fought to maintain anti-government sit-ins, as security forces fired tear gas to try to keep them at bay. Mass rallies calling for an overhaul of the ruling system have rocked Iraq's...
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India detains dozens over inflammatory social media posts on the social media
Tensions after Court ruling on disputed religious site LUCKNOW: Dozens of people in India have been detained on suspicion of publishing inflammatory social media posts and setting off celebratory firecrackers after the Supreme Court ruled to give a disputed religious site to Hindus, police said yesterday. The Supreme Court awarded the bitterly contested site in the northern town of Ayodhya to Hindus on Saturday, dealing a defeat to Muslims who...
Faisal Al-Ayyar
KIPCO announces net profit increase of 12%
KUWAIT: KIPCO - the Kuwait Projects Company (Holding) - has announced a 12 per cent increase in its net profit for the first nine months of 2019, standing at KD 22.8million ($75 million) from the KD 20.4 million ($67.1million)reported for the same period last year. Earnings per share came to 7.5 fils per share ($2.5 cents), compared to 9.3 fils per share ($3.1 cents) reported for the same period last year. This is owed mainly to the company's...
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Central Bank of Kuwait unveils liquidity management and forecasting dashboard
Central Bank of Kuwait (CBK) Dr Mohammad Y Al-Hashel KUWAIT: The Governor of the Central Bank of Kuwait (CBK) Dr Mohammad Y Al-Hashel announced CBK's live and consolidated "Liquidity Management and Forecasting Dashboard", which enhances the ability to forecast liquidity conditions more accurately and at an earlier point in time, in turn leading to more efficient utilization of monetary policy instruments. Unveiling the dashboard, the Governor...
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Fuel shortage and price hikes squeeze protest-hit Lebanon
Rationing of dollars by banks sparks growing alarmBEIRUT: A rationing of dollars by banks in protest-hit Lebanon sparked growing alarm yesterday as some petrol pumps ran dry and grocery stores hiked prices. The president and banking officials responded by pledging to take steps to improve the situation and help businesses to stay open. For two decades, the Lebanese pound has been pegged to the greenback and the currencies are used interchangeably...
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Polanski weighing legal riposte after latest rape claim
Roman Polanski may sue the French newspaper that published accusations he raped a former actress in the 1970s, his lawyer said yesterday, as he comes under renewed fire over the latest claim of sexual assault to emerge against the Oscar-winning director in recent years. France's author and director guild could meet soon on whether to exclude the French-Polish star, its vice-president told Le Parisien newspaper, which published the allegations...
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Young Iraqi artists paint revolutionary road
Taking vibrant spray paint to Baghdad's grimy concrete walls, Iraqi artists protesting against the government -- many of them young and female -- are sketching out their vision for a brighter future. In plastic gloves covered in paint smudges, 20-year-old Fatima Hussam commands a team of artists-cum-activists producing today's fresco. Their murals have transformed a monochrome tunnel leading into the main protest camp in Tahrir (Liberation)...