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A Chinese woman (left) poses for a photograph with a Pakistani man at the Pakistan-China Khunjerab Pass, the world’s highest paved border crossing at 4,600 meters above sea level. —AFP
China's new Silk Road: Boom or dust for Pakistan? - Locals remain skeptic as massive construction underway
A Chinese woman (left) poses for a photograph with a Pakistani man at the Pakistan-China Khunjerab Pass, the world’s highest paved border crossing at 4,600 meters above sea level. —AFPSOST, Pakistan: A glossy highway and hundreds of lorries transporting Chinese workers by the thousands: the new Silk Road is under construction in northern Pakistan, but locals living on the border are yet to be convinced they will receive more from it than...
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Jitters to grip KSE this week: Analysts
KUWAIT: The Kuwait Stock Exchange (KSE) main indices are expected to fluctuate up and down throughout this week due to suspension of companies that have failed to make their financial disclosures for the year's Q3 as scheduled, according to analysts.The market is forecast to witness fall of value volume, which grew the past week and contributed to lifting the capital value by 1.87 percent to reach KD 26.3 billion. Hamad Al-Hajeri told KUNA the...
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Iran nuclear deal will strengthen ties with Asia - Asiya Investments Company Weekly Analysis
KUWAIT: The Joint Comprehensive Plan of Action (JCPOA) agreement reached in July between Iran and the P5+1 - US, Britain, China, France, Russia, plus Germany - will have significant economic consequences for Iran, as well as for Asia-Pacific countries and the Gulf Cooperation Council (GCC). Under the deal, Iran will receive relief from economic sanctions imposed by the US, EU and the United Nations in return for limits on its nuclear...
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AUB to hold seminar on changes in tax on real estate in UK
KUWAIT: Ahli United Bank will organize a seminar for its clients on November 17 in collaboration with the well-known London-based law firm, Charles Russell LLP. The seminar will provide Ahli United Bank customers with details about the proposed changes to the law related to UK inheritance tax on residential properties owned by offshore companies and will conclude by an open session for Q&A.On this occasion, Medhat Tawfik, General Manager of...
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Ooredoo wins 4 top awards at CommsMEA Awards 2015 - Winner of overall operator of the year among honors
KUWAIT: Ooredoo enjoyed incredible success at the CommsMEA Awards in Dubai last week, winning a total of four top prizes, including the highest honour, "Overall Operator of the Year" for Ooredoo Group, and a new category, the "Network Optimization Award" for Ooredoo Qatar's inspiring initiative to enhance the Ooredoo Supernet.In addition, Ooredoo Oman took home the "Middle East Mobile Operator of the Year," while its Ooredoo Qatar received a...
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KAMCO announces its financial results for Q3 2015
Faisal M.SarkhouKUWAIT:  KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region and winner of the prestigious Kuwait Asset Manager of the Year Award 2015, announced its financial results for the nine-month period ended September 30, 2015.The Company recorded a loss of KD 736 thousand with earnings-per-share (EPS) of -3.09 fils.  However, despite the stressed economic environment, KAMCO's fee income...
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'Peace for Paris' symbol goes viral - Muslim Australian donates $1 for every hate-filled Tweet
PARIS:  A "Peace for Paris" symbol, combining the city's beloved Eiffel Tower with the peace sign of the Sixties, has gone viral following the Paris terror attacks. The designer is a 32-year-old French graphic artist, Jean Jullien, who lives in London.Listening to the radio, he became horrified by the violence unfolding in his nation's capital and reached for his sketchpad. "My first reaction was to draw something and share it," he told AFP. "It...
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Medicare spending $9B on hepatitis C drugs
WASHINGTON: Medicare spending on breakthrough medications for hepatitis C will nearly double this year, passing $9 billion, according to new government figures. That's raising insurance costs for all beneficiaries, whether or not they have the liver-wasting viral disease. The price of drugs is the public's top health care concern in opinion polls, and the 2016 presidential candidates are increasingly paying attention. The federal Department of...
Irish band U2 lead singer Bono, guitarist The Edge, drummer Larry Mullen Jr and bass player Adam Clayton pay homage to attacks’ victims near the Bataclan concert hall in Paris, a day after a series of coordinated attacks in and around Paris. —AFP photos
Music world in shock over Paris concert massacre
Irish band U2 lead singer Bono, guitarist The Edge, drummer Larry Mullen Jr and bass player Adam Clayton pay homage to attacks’ victims near the Bataclan concert hall in Paris, a day after a series of coordinated attacks in and around Paris. —AFP photosThe assault on one of the leading concert halls in Paris sent shockwaves Saturday through the music world, with top-selling artists including U2 and Foo Fighters calling off shows. "Shocked,...
Victims of a shooting attack are seen on the pavement outside La Belle Equipe restaurant in Paris late Friday.
Arab film community reacts with outrage to Paris terror attacks
The Arab film community is reacting to the tragic Paris attacks with shock, outrage and fears of a global backlash. "It's another 9/11 that we are living again," said Egyptian auteur Mohamed Diab who is shooting a film titled "Clash" about Islamic extremism. "I feel so bad for France and everyone who is not going to feel safe at home. It's the worse feeling in the world." Diab added that "as an Arab and someone who lived in the US post-9/11, I...
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First Oscars of season to be presented amid tight security
Tight security following the Paris terror attacks was in effect at Saturday night's seventh annual Governors Awards, where Spike Lee, Gena Rowlands and Debbie Reynolds were to receive the first Oscars of Hollywood's award season. Los Angeles police say security for the star-studded ceremony at the Hollywood & Highland Center was increased in the wake of the attacks, as it will at several other high-profile events around the city on Saturday...
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BAGHDAD: Iraqi Prime Minister Mohamed Shia Al-Sudani poses with ministers and delegates from the region, including Kuwaiti Deputy PM and Interior and Defense Minister Sheikh Fahad Al-Yousef Al-Sabah, attending an anti-drug trafficking conference on July 22, 2024. - AFP
Iraq becoming major drug conduit
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Defense praises Arifjan, Beuhring military chief
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(Left) Mahmoud Al-Aloul, Vice Chairman of the Central Committee of Fatah, China's Foreign Minister Wang Yi, and Musa Abu Marzouk, senior member of Hamas, attend an event at the Diaoyutai State Guesthouse in Beijing on July 23, 2024. - AFP photos
Palestinians to form unity govt
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Councilmembers approve projects and specifications
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Undersecretary of the Kuwaiti Ministry of Higher Education, Lamia Al-Melhem holds talks with the Omani Minister of Higher Education, Scientific Research, and Innovation, Dr Rahma Al-Mahruqiya. - KUNA
Kuwait, Oman discuss education, research