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UNB wins international award 'Luca Pacioli'
KUWAIT: Union National Bank was awarded the prestigious International Award - 'Luca Pacioli' award which included a Trophy, a certificate and a medallion from the Europe Business Assembly in the United Kingdom for UNB's strong performance in the international financial and investment market, implementation of modern banking technologies, as well as the high standards of services and customer satisfaction.The awards were received on behalf of UNB...
TOKYO: President of sushi restaurant chain Sushi-Zanmai, Kiyoshi Kimura, displays a 200kg bluefin tuna at his main restaurant near Tokyo’s Tsukiji fish market yesterday. — AFP photos
Japan sushi boss pays $117,000 for threatened tuna
TOKYO: President of sushi restaurant chain Sushi-Zanmai, Kiyoshi Kimura, displays a 200kg bluefin tuna at his main restaurant near Tokyo’s Tsukiji fish market yesterday. — AFP photosTOKYO: A Japanese sushi boss paid more than $117,000 yesterday for a giant bluefin tuna as Tokyo's Tsukiji fish market held its last New Year auction ahead of a much-needed modernization move. Bidding stopped at a whopping 14 million yen for the enormous...
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Saudi and Iran
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Kuwait recalls envoy from Iran over Saudi row
KUWAIT CITY: Kuwait today became the latest Gulf Arab state to recall its ambassador from Iran to protest attacks on Saudi diplomatic missions in the Islamic republic. It did not, however, expel Tehran's ambassador or downgrade the level of diplomatic relationship with Iran.The announcement comes after Sunni-led Saudi Arabia and Bahrain severed ties with predominantly Shiite Iran this week. And the United Arab Emirates has recalled its ambassador...
KUWAIT: The opening of every new parliamentary session is an event that is eagerly awaited by citizens because they are building big hopes and aspirations on the parliament. The previous parliamentary sessions have constituted a unique political event embodying the Kuwaiti democratic experience under the dome of the parliament. — KUNA
Assembly to meet to discuss turmoil
KUWAIT: National Assembly Speaker Marzouq Al-Ghanem said yesterday he plans to convene the Assembly in an emergency and closed session to debate regional turmoil following tensions between Saudi Arabia and Iran. He said the session will be held when he returns from a trip abroad to allow MPs to speak about the developments in the region, especially after the latest events between Saudi Arabia and Iran.Riyadh severed its ties with Tehran in...
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Ban on shrimping starts
KUWAIT: Kuwaiti shrimp are displayed at the fish market in Sharq yesterday.A ban on shrimp fishing in Kuwaiti waters goes into effect today and lasts until Sept 1, 2016.It is enforced to prevent overfishing and help the marine species reproduce in territorial waters.A similar ban on mullet (mayd), another popular seafood item in the Kuwaiti cuisine, has been in effect since Dec 1, 2015 and ends on June 1, 2016.A 45-day ban on fishing for zubaidi...
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Unified labor contract for private sector in effect - Unionists protest outside minister's office
KUWAIT: With the beginning of 2016, the Public Authority for Manpower has launched a new unified labor contract that regulates sponsor-worker relations after distributing copies in both Arabic and English to various labor departments. The new contract includes 16 clauses including a preliminary one defining both parties, the job a worker is hired to do in Kuwait, both sides' capacities, conditioning a 100-day probation period during which the...
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Unified maids recruitment fees, salaries proposed
KUWAIT: Sources revealed a proposal on the cost of recruiting domestic helpers and their salaries. The list must be approved by the ministries of interior and social affairs before circulating it to offices. Prices vary according to nationality, with minimum and maximum limits according to experience and certificates.1- Filipino: Recruitment cost is KD 270 and monthly salary between KD 110 and KD 120.2- Indian: KD 160, with salary between KD 70...
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Govt ready to impose taxes on companies
KUWAIT: The government is getting ready to approve a proposed law to impose a 10 percent tax on national companies, and a similar percentage on individuals who do business, and they will not be taxed for the first KD 50,000 they make each year. The draft law, prepared by the finance ministry with technical help from the International Monetary Fund (IMF), exempts oil companies, NGOs and other government authorities, and sets restrictions to...
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Authorities probe forged government contracts
KUWAIT: A security source said the Interior Ministry represented by the residency detectives department and in cooperation with the Manpower Public Authority (MPA) is gathering several forged government contracts that were presented by individuals to the government contracts department to bring in the largest possible number of workers. The source said the bilateral cooperation resulted in referring several contracts to investigation...
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Subsidies remain for citizens earning less than KD 1,000
KUWAIT: Official sources at the finance ministry stressed that a study made by Ernst & Young on rationalizing government subsidies on energy and goods would be discussed by the Cabinet today, taking into consideration dividing citizens into three categories - the rich, people with medium income and people with limited income."Subsidies will continue for citizens with limited income," the sources underlined, defining those with limited income as...
KUWAIT: Kites shaped as flags of Kuwait and Gulf states fly above a herd of camels in the Kuwaiti desert. — KUNA
76 percent employees in Kuwait would leave current company for better training opportunities: survey
DUBAI: According to a recent 'Career Development in the Middle East and North Africa' poll conducted by Bayt.com, the region's number one job site, a lack of career development prospects can radically make or break employee engagement.On one hand, career development is of utmost importance to professionals in the MENA - even if it means rebooting their whole lives or taking their careers in a totally different direction. In Kuwait, 81 percent of...
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Dr Adel Al-Adwani
New batch of fake certificates referred to public prosecution
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The hidden gems on Kuwait’s coast
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Riding smart: Motorcycle expert shares safety tips for riders in Kuwait
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KATHMANDU: Relatives of the passengers who died in the Saurya Airlines' plane crash, mourn at a hospital in Kathmandu on July 24, 2024. -- AFP
Relatives of 18 dead in Nepal plane crash demand answers
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Residency violators arrested in Shuwaikh Industrial Area