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Traders check the price monitors at the Kuwait Stock Exchange. The KSE ended trading yesterday in the green zone, as the weighted index went up by 2.29 points, to stand at 391.52 points, and the price index also gained 20.55 points to reach 5,804.92 points. — KUNA
Oil drop to fuel fiscal reforms in GCC: Moody's - Cooperation with OPEC? No thank you, say ex-Soviet producers
Traders check the price monitors at the Kuwait Stock Exchange. The KSE ended trading yesterday in the green zone, as the weighted index went up by 2.29 points, to stand at 391.52 points, and the price index also gained 20.55 points to reach 5,804.92 points. — KUNADUBAI:- A projected long-term drop in oil prices will drive fiscal reforms in energy-dependent Gulf states and spur public borrowing, Moody's Investor Service said yesterday. The...
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Kuwait consumer sector remains robust despite mild moderation - NBK ECONOMIC REPORT
KUWAIT: The consumer sector continued to grow more rapidly than the rest of Kuwait's economy despite some slowdown in growth. Household debt growth remained in the double-digits, though it has moderated over the last twelve months. Consumer spending growth also maintained a robust pace, driven by good sentiment and healthy growth in household income. Indeed, employment growth has been improving over the last 12 months, supporting the consumer...
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Huawei: Middle East driving digital transformation agenda
KUWAIT: Looking to the future of the region's connected digital economy, senior executives for across the technology industry have joined Huawei-a leading global information and communications technology (ICT) solutions provider-to commemorate the company's 15 year anniversary of operations in the Middle East. Huawei has hosted a number of commemorative activities over the past week culminating in a gala event held recently at the Armani Hotel in...
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Etihad Airways appoints 3 UAE nationals at airports in US, Egypt
KUWAIT: Omar Al-Memari has been named Etihad Airways' Airport Manager at San Francisco Airport and Khaled Al-Mazrouei has been named Assistant Airport Manager at Los Angeles Airport.Rashed Al-Sharji, has been appointed to the role of Assistant Airport Manager for Etihad Airways in Cairo.More than 190 UAE nationals now hold airport management roles at Etihad Airways' destinations across the Middle East, Europe, Asia, Australia and the...
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How to spot a fake online review
NEW YORK: Do you trust online reviews? Now that Amazon is suing more than 1,000 people who allegedly offered to write glowing product reviews for cash, you might reasonably be concerned.Turns out, deceptive reviews are commonplace online - and so are doubts about them. The research organization Mintel found that 57 percent of surveyed consumers are suspicious of companies or products that only have positive online reviews. And 49 percent believe...
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More evidence marriage may be bad for your waistline
NEW YORK: Need another reason to blame weight gain on your marriage? When one spouse becomes obese, the other's risk of obesity almost doubles, a US study suggests. "Normal weight people whose spouses went from being normal weight to obese were more likely to become obese," said Laura Cobb, who led the study as a researcher at Johns Hopkins University in Baltimore. "This suggests that changes in one spouse are likely to also be reflected in the...
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Happy 50th anniversary Aigner!
Radiance and elegance were on call for Aigner’s Fall/Winter’15 revelation of timepieces and jewelry at The Avenues in Kuwait City. Fashionistas attend a four-day preview of brilliance, where everything from sheen to pearls was showcased.The new collection resonated chic and bespoke crafting in all its motifs. “It is with great pleasure that we bring AIGNER’s F/W’15 collection of watches and jewelry to the fashion shores of Kuwait. The...
Apple CEO Tim Cook, center, poses for photos after speaking at the Apple Worldwide Developers Conference in San Francisco. — AP photos
Apple Music boasts 6.5m subscribers
Apple CEO Tim Cook, center, poses for photos after speaking at the Apple Worldwide Developers Conference in San Francisco. — AP photosApple chief executive Tim Cook said Monday the technology giant's new music service has some 6.5 million subscribers. "It is going really well," Cook during an on-stage chat on the opening evening of a Wall Street Journal technology forum on the Southern California coast. "Lots of people are liking it." People...
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‘Star Wars’ fans crash ticket sites as new trailer premieres
The Force is calling to moviegoers, and they are eager to let it in. "Star Wars" mania reached a new high Monday as fans overwhelmed cinema websites selling advance tickets for the next installment in the blockbuster intergalactic saga, and the new trailer for the film instantly went viral. The huge demand from keen fans in the United States and Britain seeking to secure their seats for the first screenings of "The Force Awakens"-which hits US...
UKRAINE: Kiev’s Artyom Kravets (left) challenges for the ball with Chelsea’s Gary Cahill during the Champions League Group G soccer match. –AP
Kiev stalemate keeps Chelsea in suspense
UKRAINE: Kiev’s Artyom Kravets (left) challenges for the ball with Chelsea’s Gary Cahill during the Champions League Group G soccer match. –APKIEV: Chelsea’s Champions League last 16 hopes remain in the balance after they drew 0-0 at Dynamo Kiev yesterday despite an improved display at the Olympic Stadium.On a cold, misty night in the Ukrainian capital, Chelsea manager Jose Mourinho saw his side hit the woodwork through the recalled...
Arsenal’s Olivier Giroud (front) and Arsenal’s Alexis Sanchez celebrate after scoring during the Champions League Group F soccer match between Arsenal and Bayern Munich. — AP
Giroud punishes Neuer blunder to lift Arsenal
Arsenal’s Olivier Giroud (front) and Arsenal’s Alexis Sanchez celebrate after scoring during the Champions League Group F soccer match between Arsenal and Bayern Munich. — APLONDON: Olivier Giroud kept Arsenal's Champions League campaign alive as the France striker punished a costly blunder from Bayern Munich goalkeeper Manuel Neuer to inspire a crucial 2-0 win yesterday. Giroud came off the bench to open the scoring after Neuer made a...
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Record-breaking Indian opener Sehwag retires
NEW DELHI: Swashbuckling opener Virender Sehwag, the only Indian batsman ever to score a triple century in Test match cricket, announced his international retirement yesterday. More than two years after last appearing for his country, Sehwag accepted that there would be no emotional comeback as he became the latest member of India’s World Cup-winning team to call it a day. “God has been kind and I have done what I wanted to do,” he said in...
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DAMASCUS: Syria's interim prime minister Mohammad Al-Bashir addresses worshippers during Friday prayers at Umayyad Mosque on Dec 13, 2024. - AFP (See Page 5)
Syria too exhausted for Zionist conflict amid Hezb warning
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Kuwait, US reaffirm strong ties
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KUWAIT: Exam proctors search students before they enter the exam hall to take their final exams in this file photo. — KUNA
MoE forms new exam printing press committee after violations found
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LYON: A photo shows containers being loading and unloading onto barges on the Rhone at the Edouard Herriot Port in Lyon, eastern France. A new French cargo fret shipowner CMA-CGM is established in the port of Lyon. - AFP
Credit ratings agency hands France surprise downgrade
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KUWAIT: Health Minister Ahmad Al-Awadhi poses for a photo with a delegation from the University of Houston during their visit to Kuwait.
MoH taps University of Houston for medical scholarships, training