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KIB (Al Dawli) approves latest strategic transformation plan
KUWAIT: Sheikh Mohammed Al Jarrah Al Sabah, Chairman of Kuwait International Bank (Al Dawli), declared that the Bank realized 18% growth in profits for the 9 months ended 30 September 2015, amounting to KD11.8 million compared to KD10 million for the corresponding period last year (2014). This growth has come as a result of increase in revenues and an improvement in the controlling of expenditures. The financing revenues rose by 9.3% ie KD3.7...
Chairman Emad Al Thaqeb
Warba Bank reports KD 1.2m net profits in the third quarter 2015
Chairman Emad Al ThaqebKUWAIT: Warba Bank achieved excellent profits in the third quarter exceeding expectations for its financial results for the first nine months of 2015. The Bank achieved net profit of KD 1.251 million compared to KD 318,000 for the same period in 2014. The Bank's total assets grew by 34% reaching KD 682.760 million compared to KD 507.140 million as on 30 September 2014. The Bank maintains high level of asset quality due to...
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Hyundai launches luxury car brand
SEOUL: Hyundai Motor Co said yesterday it has launched a premium car brand named after its Genesis sedan to boost earnings and its share of the fast-growing global market for luxury vehicles. South Korea’s largest automaker said that the Genesis brand begins with two sedans, including the namesake upscale car launched two years ago and a large flagship sedan slated for release next month. It will add four more models including a sports coupe...
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Al Babtain celebrates the winners of the aftersales contest
KUWAIT: Abdulmohsen Abdulaziz Al Babtain Co (AABC), the exclusive agent and distributor of Nissan in the State of Kuwait, held an Aftersales contest to select the winners, who will represent Kuwait at the Regional Nissan Middle East Contest in Dubai during the month of February 2016.An elaborate competition was organized on 16th October at Nissan Service Centre, Shuwaikh, to test the skills of the Nissan Service Advisors; Service Technicians and...
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Microsoft gets stingy with free online storage
NEW YORK: Microsoft is getting stingy with online storage. The company just cut the free space it offers through its OneDrive service by two-thirds, making it the second major company to retreat from a consumer cloud-storage boom that tempted users with price cuts and ever-larger free offers.Starting next year, Microsoft will cut its free option to 5 gigabytes, down from 15 gigabytes now. Microsoft says the new allotment is enough for about 6,600...
RIYADH, Saudi Arabia: Saudi Oil Minister, Ali Al-Naimi (left), chats with US Secretary of Energy, Ernest Moniz, during the 6th Ministerial Conference of the Carbon Sequestration Leadership Forum (CSLF) yesterday, in the Saudi capital Riyadh. —AFP
Saudi says fossil fuels still needed despite global warming fears
RIYADH, Saudi Arabia: Saudi Oil Minister, Ali Al-Naimi (left), chats with US Secretary of Energy, Ernest Moniz, during the 6th Ministerial Conference of the Carbon Sequestration Leadership Forum (CSLF) yesterday, in the Saudi capital Riyadh. —AFPRIYADH: Leading crude exporter Saudi Arabia supports efforts to limit global warming but believes fossil fuels should remain part of the world energy mix, Oil Minister Ali Al-Naimi said yesterday....
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Healthy lifestyle is the secret to a healthy skin
We all want healthy, glowing skin, but unfortunately it doesn't come naturally to all of us, including myself. A while back, I had to take Roaccutane due to a sudden and severe change in my skin. I was 24 years old and I didn't really understand why this change was occurring since acne and skin problems start at a younger age (I thought). It all started while I was on a trip during the summer, I was enjoying most of my time under the sun. After a...
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Teen fans await world premiere of final ‘Hunger Games’ movie
Teenage fans awaited the world premiere of the final movie of "The Hunger Games" blockbuster franchise yesterday in Berlin, whose monumental architecture served as the backdrop for much of the dystopian fantasy. The star of the wildly successful saga, Oscar winner Jennifer Lawrence, was set to walk the red carpet in the futuristic Sony Center on historic Potsdamer Platz, alongside Julianne Moore, Liam Hemsworth, Donald Sutherland and Josh...
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Review: 'Spectre' stirs, doesn't shake old Bond formulas
Where to go when 53 years of action-scene set pieces have exhausted seemingly every exotic corner of the Earth? How much globe can a globe-trotter trot? The answer kicking off the latest James Bond film, "Spectre," is a doozy. Beginning with the words "the dead are alive" across the screen, director Sam Mendes opens on a long shot through the Day of the Dead in Mexico City, tracking Bond (Daniel Craig), masked but unmissable in a skeleton...
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President of China and Taiwan
OLD TRAFFORD: Manchester United’s Wayne Rooney fights for the ball with CSKA’s Pontus Wernbloom during the Champions League Group B soccer match between Manchester United and CSKA Moskva at Old Trafford Stadium, Manchester, England, Tuesday. — AP
Rooney header sends United top in Group
OLD TRAFFORD: Manchester United’s Wayne Rooney fights for the ball with CSKA’s Pontus Wernbloom during the Champions League Group B soccer match between Manchester United and CSKA Moskva at Old Trafford Stadium, Manchester, England, Tuesday. — APMANCHESTER: A thumping header from Wayne Rooney ended Manchester United’s scoring drought and secured a 1-0 Champions League victory over CSKA Moscow as they went top of Group B on Tuesday....
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Zain concludes employees’ football tournament
KUWAIT: Zain, the leading telecommunications company in Kuwait, successfully concluded its Employees Football Tournament with the final match that was held at GOAL! football pitches.The championship, which is conducted annually for the company’s employees, took place throughout last week with active participation. Zain remains committed to the well-being of its employees, and this is highlighted by the organization of this annual sporting...
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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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The Petrochemical Industries Company (PIC) CEO Nadia Al-Hajji. KUNA
Petrochemical Industries Co.: KD 39 mln net profit 2023-24 fiscal year
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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
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KOLKATA: Students take part in a demonstration in Kolkata on July 22, 2024, demanding an end to government crackdowns against protesters in Bangladesh. — AFP
Bangladesh students suspend protests
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Councilmembers approve projects and specifications