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BAABDA: Lebanese protesters stage a mock hanging in a symbolic performance against sectarianism (center), Lebanon’s 1975-90 civil war (right) and corruption during ongoing anti-government demonstrations in Downtown Beirut yesterday.—AFP
Thousands rally to support Aoun
Hezbollah TV channel says Twitter accounts suspended BAABDA: Lebanese protesters stage a mock hanging in a symbolic performance against sectarianism (center), Lebanon’s 1975-90 civil war (right) and corruption during ongoing anti-government demonstrations in Downtown Beirut yesterday.—AFP BAABDA: Thousands of backers of Lebanon's embattled president rallied yesterday in a show of support, after more than two weeks of massive nationwide...
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Hollow building becomes centre of Iraq's uprising
BAGHDAD: The skeleton of a high-rise building overlooking Baghdad's central Tahrir Square known as the Turkish Restaurant has become a temporary home and a bustling centre for protesters staging demonstrations against Iraq's ruling elites. On the ground floor, a group of young men calling themselves the logistical support committee organized stacks of donated clothes, food, and other supplies such as battery packs, blankets and cigarettes on...
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Deadly bombing kills a dozen; Turkey blames Kurdish militia
Tel Abyad - a target of Turkey's cross-border incursionISTANBUL: A car bomb killed a dozen people and injured 30 on Saturday in a market of a Syrian border town that Turkish-backed forces seized last month, prompting Ankara to blame the Kurdish YPG militia it had targeted in its incursion. The Syrian Observatory for Human Rights said pro-Turkey fighters and civilians were among the dead and injured in Tel Abyad. Turkey's state-owned Anadolu...
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Indian state leader to move migrant workers from Kashmir after violence
India, China clash over Kashmir as it loses special status KOLKATA: More than 100 migrant workers from India's Kashmir will be moved after a spate of killings by suspected separatist militants underlined the threat to outsiders in the restive region. Senior officials working for the chief minister of the eastern state of West Bengal, Mamata Banerjee, said on Saturday she decided to move the workers out of Kashmir to prevent them from becoming a...
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Saudi bourse sags as Aramco listing looms
Analyst sees risk in IPO listing only on domestic market DUBAI: Saudi stocks sagged two percent yesterday after the announcement that the blockbuster listing of state energy firm Aramco was headed its way, as analysts warned it risked overwhelming the local bourse. After years of repeated delays, Aramco yesterday announced its intention to float an unspecified percentage of its shares on the Tadawul stock market, the region's biggest capital...
Faisal Mansour Sarkhou
KAMCO reports KD 18.23m revenues; net profit of KD 0.93m for 9M 2019
Fees and commission represent 71.4% of total revenues Faisal Mansour Sarkhou KUWAIT: KAMCO Investment Company, a regional non-banking financial powerhouse with one of the largest AUMs in the GCC, announced its financial results for the nine months period ended September 30th, 2019 reporting a net profit of KD 0.93 million (Kuwaiti fils 3.93 per share) compared to KD 1.1 million (Kuwaiti fils 4.45 per share) for the same period in 2018. Fee income...
Adel Abdul Wahab Al-Majed
Global Finance names Boubyan Bank as 'World's Best Islamic Digital Bank'
Award places itself among big players such as Citibank and StanChart Adel Abdul Wahab Al-Majed KUWAIT: Confirming its leadership in digital banking, Boubyan Bank has placed itself among the top players by receiving the World's Best Islamic Digital Bank Award from Global Finance for the fifth year in a row. Adel Abdul Wahab Al-Majed, the Bank's Vice-Chairman & Chief Executive Officer, stated: "We are proud that we are ranked among top players...
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Kuwait's Mustafa tops in bowling championship
Mustafa Al-Musawi KUWAIT: Kuwaiti bowler Mustafa Al-Musawi gave a good performance ending on top of the preliminaries of the 13th Kuwait Open Bowling Championship, as the preliminaries will end today evening before moving to the deciding rounds. Al-Musawi was able to reach the best score from the fifth to the tenth round collecting 1,335 points out of 1,500 while Qatar's Abdelrahman Al-Juaidah scoring 1,311. The twice United States Champion Greg...
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Getting measles ‘resets’ the body’s immune system
WASHINGTON: Measles, the contagious childhood disease that is once more on the rise globally, is more harmful than previously thought. A new analysis of 77 unvaccinated children from the Netherlands carried out by an international team of researchers led by scientists at Harvard has found that the virus erases the body’s memory of previous pathogens — effectively wiping its immunity memory. The virus eliminated between 11 and 73 percent of...
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Kuwaiti footballers to gain pro status amid landmark privatization law
KUWAIT: Kuwaiti sports clubs are close to sealing professional status for their footballers after a milestone Ministry of Commerce decision was reached last month, allowing private owners to obtain full commercial rights of these institutions. The professional sports law will target domestic football - the sport having additionally been added to the Gulf Cooperation Council bloc's classification of economic activities. It comes as a...
(FILES) In this file photo taken on November 23, 2007, shows the Saudi Aramco oil facility in Dammam, 450 kms east of Riyadh. - Saudi Crown Prince Mohammed bin Salman is expected on November 3, 2019 to formally launch a long-anticipated stock offering of Saudi Aramco, a person close to the matter said on November 1, 2019. The Aramco stock listing, a key component of bin Salman's overall agenda, will offer a small fraction of the petroleum giant. (Photo by HASSAN AMMAR / AFP)
Saudi Aramco IPO is announced
In this file photo taken on November 23, 2007, shows the Saudi Aramco oil facility in Dammam, 450 kms east of Riyadh. - Saudi Crown Prince Mohammed bin Salman is expected on November 3, 2019 to formally launch a long-anticipated stock offering of Saudi Aramco - AFP Saudi regulators on Sunday approved state energy giant Aramco's request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the...
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Springboks blitz England to win WCup
Third defeat in four finals for England YOKOHAMA: South Africa stunned pre-match favourites England 32-12 with a brutally effective forward display to win their third World Cup in Yokohama yesterday. The Springboks' victory was built on a colossal performance by their powerhouse pack that allowed fly-half Handre Pollard to kick six penalties before Makazole Mapimpi's 66th-minute try -- the first the Springboks had scored in a World Cup final....