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Investors flock to Saudi as Aramco listing looms
RIYADH: Delegates wait in line ahead of a session during the Future Investment Initiative (FII) forum at the King Abdulaziz Conference Centre yesterday. – AFP RIYADH: There was standing room only in the expansive halls of Riyadh’s Ritz-Carlton hotel yesterday as the world’s financial royalty attended Saudi Arabia’s Future Investment Initiative (FII) conference, aimed at courting global investors. Saudi Arabia said it signed more than...
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Pink tickets as Delhi rolls out free bus travel for women
NEW DELHI: New Delhi rolled out free bus travel for women yesterday in what the Indian capital’s chief minister called an “historic step” for safety and female employment. Female participation in the Indian workforce is among the lowest in the world, while violence against women in the world’s second-most populous country is rife. Yesterday, women were given pink tickets entitling them to free travel, with a message from chief minister...
GRAYS: Police officers drive away a lorry in which was discovered 39 dead bodies, at Waterglade Industrial Park in Grays, east of London. —AFP
UK truck deaths cast spotlight on trade in humans
LONDON: The discovery of 39 bodies in a truck in London last week cast a spotlight on the global trade in human beings and sparked debate about Britain's approach to tackling smugglers and traffickers. A British court heard on Monday that a global crime ring had been involved in smuggling the dead - many of whom appear to have come from Vietnam - as the driver of the truck faced charges of manslaughter and human trafficking. Vietnam's Prime...
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Earthquake kills 7 in Philippines
MINDANAO: The death toll from a strong earthquake in the southern Philippines has risen to seven, disaster and police officials said yesterday, as aftershocks continued to jolt many parts of Mindanao. The 6.6 magnitude quake hit yesterday, damaging buildings, toppling power lines and triggering landslides in the central area of the Philippines' southern island. A seven-year-old child and his 44-year old father were among those who were killed in...
ISLAMABAD: Supporters of Pakistan's former Prime Minister Nawaz Sharif shout anti-government slogans outside a hospital, where Nawaz was admitted after his condition deteriorated yesterday. - AFP
Pakistan's former PM Sharif fighting for life
ISLAMABAD: Pakistan's former Prime Minister Nawaz Sharif is "critically unwell", his doctor said yesterday, days after the three-time leader now serving a prison sentence for corruption suffered a minor heart attack. Sharif is currently in hospital in the eastern city of Lahore after receiving "indefinite" bail on medical grounds in one of his graft convictions, with an Islamabad court due to decide on another Tuesday. His name remains on a stop...
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EU lawmakers visit Kashmir amid stone pelting and empty streets
India complains to aviation body after Pakistan's rebuff to ModiSRINAGAR: European Union lawmakers arrived in Srinagar yesterday, the first foreign delegation to visit Indian Kashmir's main city since New Delhi revoked the region's autonomy in August. Hours before their arrival, small protests erupted in at least 40 locations around the city, prompting security forces to fire tear gas, a police official and Reuters witnesses said, despite heavy...
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Gulf Bank provides funding for major oil, infrastructure and construction projects
Bank participates in achieving 'Kuwait Vision 2035' Ahmad Al-Duwaisan KUWAIT: Gulf Bank announced it has recently financed a number of vital development projects in line with the Kuwait National Development Plan stemming from His Highness the Amir's vision for the country, New Kuwait 2035. Gulf Bank has provided funding for various projects in the oil, construction and infrastructure sectors through direct financing or through partnerships with...
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EQUATE Group reports Q3 business results
KUWAIT: The EQUATE Group, a global producer of petrochemicals, yesterday announced its Q3 2019 unaudited earnings, reporting $264 million in EBITDA, a 52 percent decrease from $547 million in Q3 2018, and $811 million in revenue, a 35 percent decrease from $1,247 million in Q3. Net income after tax stood at $143 million in Q3 2019, a 65 percent decrease from $406 million in the same period last year. Commenting on the results, Dr Ramesh...
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Researchers move closer to new vaccine for killer TB
HYDERABAD: Scientists said yesterday they are closing in on a new game-changing vaccine for tuberculosis, the world's deadliest infectious disease that claimed some 1.5 million lives last year. A chronic lung disease that is curable, TB was one of the top 10 killers worldwide last year, particularly in developing countries. The existing Bacille-Calmette-Guerin (BCG) vaccine -- licensed for humans in 1921 -- is only proven to be effective for...
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'Maleficent' sequel edges out 'Joker' at N American box office
Disney's dark fairy tale "Maleficent: Mistress of Evil" edged out "Joker" in a fierce battle of the supervillains this weekend, taking $19.4 million in North American theaters, industry watcher Exhibitor Relations said Monday. The film, a sequel to the 2014 live-action hit, stars Angelina Jolie as the evil sorceress of "Sleeping Beauty" fame. This time around, Michelle Pfeiffer joins the cast as a scheming Queen Ingrith. For a second consecutive...
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Gaza man wheels, deals to restore classic cars
Munir al-Shindi could not get parts for his classic cars in the blockaded Gaza Strip, so he decided to fashion his own solution. The 40-year-old is known in the Palestinian enclave for his obsession with old-fashioned cars, fixing them up in his workshop northeast of Gaza City. Parts for such models are hard enough to find in the countries where they were originally built, but in Gaza, cut off by an Israeli blockade, they are near impossible to...
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Thinking of upgrading to a smartwatch? Keep Huawei Watch GT 2 series on your radar
Tired of wearing a traditional watch that just indicates time and calendar in more complex models? What if you could upgrade to a premium smartwatch that can do a lot more than the best of the chronographs, but without having to sacrifice the good looks of a traditional watch? Advanced AI features, innovative design and smart power consumption, are just a few reasons why the HUAWEI WATCH GT 2 should be your first choice.Flagship wearable hardware...
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Kuwait opens visa 20 to visa 18 transfer from July 14 to September 12
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KUWAIT: Interior ministry officials have monitored and conducted several inspection campaigns across the country.
MoI continues crackdown on traffic, residency law violators
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Iranian reformist candidate Masoud Pezeshkian raises his arms to greet his supporters as he arrives for his campaign rally, two days before a presidential election runoff following a first round marked by a historically low turnout, at a stadium in Tehran on July 3, 2024.—AFP
Iran reformist Pezeshkian wins presidential election
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Scholarship acceptance rates: By the numbers
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HATHRAS, India: Mourners gather as the deceased who died in a stampede during a sermon are kept at a mortuary at Hathras in India's Uttar Pradesh state on July 3, 2024. -- AFP
‘Miracles’ and hope: Fatal stampede spotlights India’s craze for godmen