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UAE to privatize govt services - Oman to borrow $5-10bn from abroad
DUBAI: DUBAI: The United Arab Emirates plans to outsource most government tasks to the private sector and cut the number of ministries, Prime Minister and Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum said yesterday. The announcement comes as energy-rich Gulf Arab states have been hit by low oil prices, encouraging them to streamline institutions and attract more foreign investment."We will have a road map to outsource most government...
BANGALORE: An Indian man with a tranquilizer gun looks on as a leopard attacks a man identified by Indian media as wildlife conservationist Sanjay Gubbi at a private school yesterday. — AFP
Leopard injures 5 in school - 'Meteorite' kills bus driver in south India
BANGALORE: An Indian man with a tranquilizer gun looks on as a leopard attacks a man identified by Indian media as wildlife conservationist Sanjay Gubbi at a private school yesterday. — AFPCHENNAI/BANGALORE: Indian authorities say a falling object that killed a bus driver and injured three others was a meteorite. If proven, it would be the first such death in recorded history. Experts said other explanations were possible for the incident...
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Saudi offer to send troops comes with uncertainty
DUBAI: Saudi Arabia's offer to send troops to fight Islamic State in Syria is as much about the kingdom's growing determination to flex its military might as it is about answering US calls for more help from its allies in the Middle East. A Saudi deployment runs the potentially explosive risk of confrontation between one of the Arab world's most powerful militaries and forces keeping Syrian President Bashar Assad in power. That's if the Saudi...
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Bahrain charges 11 with forming Iran-trained 'terrorist' group
DUBAI: Bahrain's prosecution service said yesterday it has charged 11 suspects with forming a "terrorist" group, including a number trained by Iran's Revolutionary Guards and the Hezbollah branch in Iraq. The group, including four suspects on the run, has been charged with "establishing and joining a terrorist group; possessing explosives, weapons and firearms; and receiving training for terrorist purposes", Advocate General Ahmed Al-Hamadi...
A woman takes part in a rally in memory of Italian student Giulio Regeni, on February 6, 2016, outside of the Italian embassy. — AFP
Italy demands answers as anger rises over student slain in Egypt - Claims of torture by Egyptian security services
A woman takes part in a rally in memory of Italian student Giulio Regeni, on February 6, 2016, outside of the Italian embassy. — AFPROME: Italy yesterday warned Egypt it would not allow the fate of Giulio Regeni to be brushed under the carpet as anger mounted over the Cambridge University student's torture and killing in Cairo. With the media publishing gruesome details of Regeni's treatment and pointing the finger at Egyptian security...
THONYOR, South Sudan: A large number of people wait for food air-drops by ICRC (International Committee of the Red Cross).— AFP
40,000 starving to death as South Sudan teeters on famine - UN reporting worst conditions since civil war
THONYOR, South Sudan: A large number of people wait for food air-drops by ICRC (International Committee of the Red Cross).— AFPJUBA: At least 40,000 people are being starved to death in South Sudan war zones on the brink of famine, the United Nations said yesterday, in a plea to rival forces to let aid in. The figures released in a UN report describe some of the worst conditions yet in more than two years of a civil war marked by atrocities...
DEHDADI: A wounded Afghan boy walks with an Afghan National Army (ANA) soldier at the site of a suicide attack in a district close to the provincial capital Mazar-i- Sharif. — AFP
Afghan Civilians, soldiers killed in separate attacks
DEHDADI: A wounded Afghan boy walks with an Afghan National Army (ANA) soldier at the site of a suicide attack in a district close to the provincial capital Mazar-i- Sharif. — AFPKHOST: Nine people were killed and eighteen injured in two separate suicide attacks in Afghanistan yesterday, authorities said, days after a fresh round of international talks aimed at reviving dialogue with the Islamist group. The militant group is stepping up...
MUMBAI: In this Nov 29, 2008, file photo, an Indian soldier takes cover as the Taj Mahal hotel burns during gun battle between Indian military and militants inside the hotel.—AP
Mumbai 26/11 plotter admits to botched terror attacks - LeT militants revealed to be behind assault
MUMBAI: In this Nov 29, 2008, file photo, an Indian soldier takes cover as the Taj Mahal hotel burns during gun battle between Indian military and militants inside the hotel.—APMUMBAI: An American who helped plot deadly attacks in Mumbai told a court yesterday that Pakistan-based militants made two failed attempted attacks on the Indian city before killing 166 people in November 2008. David Headley, who was sentenced in 2013 by a Chicago court...
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NBK gets Central Bank nod to raise authorized capital
KUWAIT: National Bank of Kuwait (NBK) received Central Bank of Kuwait approval to increase the bank’s authorized capital from KD 504 million to KD 600 million. The approved increase in authorized capital gives the bank the flexibility to increase its paid-in-capital at a later stage, if needed.The move is in line with the bank’s plans to maintain healthy capitalization ratios in light of the Basel 3 implementation and the regulations of the...
Jazeera Airways Chairman Marwan Boodai.
Jazeera Airways reports KD15.4m in net profit for 2015 - Board recommends cash dividends of KD3 million
Jazeera Airways Chairman Marwan Boodai.KUWAIT: Jazeera Airways yesterday announced its full-year financial results for 2015. The company recorded a net profit of KD15.4 million and an operating profit of KD13.6 million, reflecting a 2 percent increase from last year. The board of directors has recommended a 15 percent cash dividend totalling KD3 million.Jazeera Airways Chairman, Marwan Boodai, said: "I'm pleased to report that 2015 was another...
DAVOS: Omar Kutayba Alghanim, Chief Executive Officer of Alghanim Industries and Chairman of Gulf Bank, speaks at WEF, Davos.
Create better workplace for female employees: Omar Alghanim - Alghanim spotlights future of jobs in Davos
DAVOS: Omar Kutayba Alghanim, Chief Executive Officer of Alghanim Industries and Chairman of Gulf Bank, speaks at WEF, Davos.KUWAIT: As part of the World Economic Forum (WEF) that took place in Davos, Switzerland last month, which revolved around the theme of "The Fourth Industrial Revolution", Omar Kutayba Alghanim, Chief Executive Officer of Alghanim Industries and Chairman of Gulf Bank, participated in several meetings and panel discussions...
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KFH-Turkey to carry its experience to capital markets - KFH-Turkey sets up portfolio management firm KT Portfoy
KUWAIT: Setting the course of the participation (Islamic) banking sector with its powerful capital, robust partnership structure, and 26-year history, Kuwait Finance House-Turkey (KFH-Turkey) will bring its customers investment products that are yet unavailable or uncommon on the Turkish investment market through its new undertaking, KT Portfoy. The first portfolio management firm ever to be established by a participation bank in Turkey, KT...
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KUWAIT CITY: Jassim Al-Awadhi waits at a bus stop as a bus approaches in this file photo.
Disorganized bus network behind lacking transit system
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Kuwait's fencer Yusuf Al-Shamlan
Shamlan leaves Olympic Games
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KUWAIT: Young girls participate in Girl Up Kuwait's first conference which focused on the role of women in Kuwaiti society and politics.
Girl Up Kuwait: Young trailblazers give girls a voice
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Air Force carries out aeromedical evacuation exercise
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Kuwaiti pilots learn to fly Turkish Bayraktar drones