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Happy New Year 2016
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Kuwait credit growth at 6.6%, CBK raises key rate by 25bps - NBK ECONOMIC REPORT
KUWAIT: Credit saw a small decrease of KD 22 million in October on the heels of an exceptionally large increase the month before (KD 692 million). Despite the small decline, credit growth still rose to 6.6 percent year-on-year (y/y), the most rapid pace in over a year. A large decline in lending for securities weighed on the October figure. Meanwhile, household borrowing recorded a good gain, while business credit did relatively well. Deposits...
ALLAHABAD: Indian village women make cow dung cakes in Allahabad, India. In India, where Hindus have long worshipped cows as sacred, cow dung has been used for centuries as fuel for fires - whether for heat, cooking or in Hindu ritual fires, where it’s a necessity. —AP
Cow dung patties selling like hot cakes online in India
ALLAHABAD: Indian village women make cow dung cakes in Allahabad, India. In India, where Hindus have long worshipped cows as sacred, cow dung has been used for centuries as fuel for fires - whether for heat, cooking or in Hindu ritual fires, where it’s a necessity. —APNEW DELHI: Like consumers around the globe, Indians are flocking to the online marketplace in droves these days. But there's one unusual item flying off the virtual shelves:...
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Iran reports 112 swine flu deaths since November
TEHRAN: A swine flu outbreak in Iran has killed 112 people since mid-November and the country’s first medical worker has died of the virus, media said yesterday. “About 1,190 people have been diagnosed with the (H1N1) virus and hospitalized” and “the death toll has reached 112”, state news agency IRNA quoted a health ministry official as saying. “Vaccines and laboratory equipment for diagnosis are available around the clock across the...
Beatles dolls are displayed, during an auction preview in Beverly Hills, California, in this September 9, 2015, file photo. — AFP
'Come Together' on top as Beatles start streaming
Beatles dolls are displayed, during an auction preview in Beverly Hills, California, in this September 9, 2015, file photo. — AFPThe Beatles are reaching a new audience through streaming and listeners have an early verdict-"Come Together" is their favorite song from the Fab Four. The best-selling band in history on Thursday ended a long boycott and made its catalog available through streaming, the fast-growing sector of on-demand online music....
DUBAI: Barcelona striker Lionel Messi receiving the trophy for best player of the year during the Dubai Globe Soccer award at the end of the Dubai International Sports Conference on Sunday. — AFP
Messi, Barcelona win at Globe Soccer Awards
DUBAI: Barcelona striker Lionel Messi receiving the trophy for best player of the year during the Dubai Globe Soccer award at the end of the Dubai International Sports Conference on Sunday. — AFPDUBAI: Barcelona and star player Lionel Messi triumphed at the seventh edition of the Globe Soccer Awards in Dubai on Sunday, taking home the prizes for best team and best player.Messi had travelled from Argentina to attend the ceremony. “It’s very...
CHRISTCHURCH: Martin Guptill of New Zealand plays a shot during the second one day international (ODI) cricket match between New Zealand and Sri Lanka at Hagley Park in Christchurch yesterday. — AFP
Guptill smashes NZ to big win over S Lanka
CHRISTCHURCH: Martin Guptill of New Zealand plays a shot during the second one day international (ODI) cricket match between New Zealand and Sri Lanka at Hagley Park in Christchurch yesterday. — AFPHRISTCHURCH: New Zealand captain Brendon McCullum will have a nagging back injury re-assessed today after he left the field during his side's comprehensive 10-wicket victory over Sri Lanka in their second one-day international yesterday. McCullum...
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Lawmakers reject proposed measures to reduce welfare - New anti-corruption law to be approved on Jan 12
KUWAIT: A number of MPs expressed their strong opposition to proposed government measures to reduce subsidies in a bid to cut spending in the face of a sharp fall in oil revenues. The lawmakers vowed that they will not allow the government to introduce the proposals, which will negatively impact the standard of living of Kuwaiti citizens.The MPs were commenting on reports that an international consultancy has advised the government to take a...
Attorney Fajer Ahmed
Visa Regulations for Contractors
I am going to be completely honest with you - visa regulations are not a simple topic to write about. The regulations themselves are easy to understand but they change on a regular basis, making it difficult, for even a lawyer, to stay updated. In fact as I was writing this article, the regulations changed again! There seems to be a lot of change in Kuwait in the past few months, and as you all know, change can be for the good and/or for the bad,...
KUWAIT: General Talal Marafi chairs the meeting.
Ministry gears up to link expats' residency visas to passports validity
KUWAIT: General Talal Marafi chairs the meeting.KUWAIT: The Ministry of Interior's General Directorate for Residency Affairs is to start the linkage of the expatriates' residency visas to the validity of their passports as of 1st January, 2016. In a press statement, the Ministry of Interior said that Director of the General Directorate for Residency Major General Talal Marafi held an expanding meeting with the directorate's senior officials and...
Fake products busted during a crackdown on private health clubs, spas and beauty salons yesterday.
500,000 guidebooks for expatriates
KUWAIT: The Central Tenders Committee (CTC) is currently preparing to offer a new project for bidding - printing 500,000 copies of a guidebook for expatriate workers to be translated into several languages, namely those used most in Kuwait, well-informed sources at the Manpower Public Authority said. The sources added that the booklet would provide guidelines about workers' rights and duties while in Kuwait, in addition to manpower laws and...
An old Kuwaiti house.
Al-Othman House reflects Kuwait's Heritage, culture
An old Kuwaiti house.KUWAIT: From an old house of Al-Othman family in Hawalli area, into a cultural and humanitarian valuable edifice, Beit Al-Othman (Al-Othman House) emerges as a fruit of relentless efforts carried out by Kuwait's Heritage Team, National Council for Culture Arts and Letters (NCCAL) and Kuwait Voluntary Work Center (KVWC).This house has been transformed into a remarkable museum showcasing the history of Kuwait and the identity...