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Displaced Gazan digs shelter
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LA fire evacuees face price gouging
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Today in Kuwait’s history
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Kuwait Min. of Social Affairs: “Makshat 3” draws 150,000 visitors
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Thousands of South Koreans protest as president digs heels in
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Displaced Gazan digs shelter
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LA fire evacuees face price gouging
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Today in Kuwait’s history
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Kuwait Min. of Social Affairs: “Makshat 3” draws 150,000 visitors
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Thousands of South Koreans protest as president digs heels in
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Kuwait Times
Al-Seif Palace in Kuwait City
KUWAIT: . Al-Seif Palace in Kuwait City — Photo by Fouad Al-Shaikh
Loopholes in reforms on 'guardianship'
RIYADH: Saudi Arabia has eased travel restrictions on women but observers say loopholes still allow male relatives to curtail their movements and, in the worst cases, leave them marooned in prison-like shelters. In August, the conservative kingdom allowed women over the age of 21 to obtain passports without seeking the approval of their "guardians" - fathers, husbands or other male relatives. The move, part of Crown Prince Mohammed bin Salman's...
Russian forces head for border in blow to Kurds
QAMISHLI, Syria: Russian forces in Syria headed towards the Turkish border yesterday to ensure Kurdish fighters withdraw under a deal between Moscow and Ankara ousting them from the minority's entire heartland. US President Donald Trump hailed the agreement as a "big success" and announced his administration was lifting sanctions it had imposed on Turkey after it launched its offensive against Kurdish armed groups earlier this month. Kurdish...
Lebanese protesters face off against army as demos continue
BEIRUT: A week of unprecedented Lebanese street protests against the political class showed few signs of abating yesterday, with thousands again gathering across the country, braving rain and a heavy military deployment. Protests sparked on Oct 17 by a proposed tax on calls made through WhatsApp and other messaging apps have morphed into an unprecedented cross-sectarian street mobilization against the political class. Embattled Prime Minister...
Horror in UK as 39 found dead in truck
GRAYS, United Kingdom: Britain launched a major murder investigation after 39 dead bodies were found yesterday in a refrigerated truck, once again putting the spotlight on the shadowy people trafficking business. The corpses were found in the truck container at an industrial park in Grays, east of London, triggering outrage among politicians. The local Essex Police force, which is working with immigration officials, said their initial priority...
Testimony fuels Trump impeachment probe
Republicans must remember what they are witnessing here -- a lynching: Trump WASHINGTON: In this file photo taken on September 25, 2019 US President Donald Trump listens as Ukrainian President Volodymyr Zelensky speaks to the press during a meeting in New York on the sidelines of the United Nations General Assembly. - AFP WASHINGTON: The top US diplomat in Ukraine poured fuel on Donald Trump's impeachment probe Tuesday with a detailed account...
United by disgust, Lebanon demos search for shared future together
Lebanon is marked by stark political and sectarian divisionsBEIRUT: Lebanon's massive street protests have made it clear what the demonstrators oppose -- with the entire political class in the crosshairs -- but the focus is now turning to what exactly they stand for. The almost one-week-old protests sparked by a tax on messaging services such as WhatsApp have morphed into a united condemnation of a political system seen as corrupt and beyond...
As Kremlin scrambles for Africa, Putin praises ties at major summit
Russia had written off more than $20 billion of African debt SOCHI: Russian President Vladimir Putin meets with his Central African counterpart Faustin Archangel Touadera on the sidelines of the 2019 Russia-Africa Summit. — AFP SOCHI: President Vladimir Putin yesterday hosted a major summit aimed at reviving Russia's influence in Africa, telling leaders from the continent he would seek to double trade in the coming years. All 54 African states...
Gulf Bank records KD 37 million in net profit for first nine months of 2019
Bank's net profit accelerates to KD 13.2 million, an increase of 8% in Q3 Gulf Bank Chairman Omar Kutayba Alghanim KUWAIT: Gulf Bank K.S.C.P. announced its financial results for the first nine months of 2019. The Bank recorded a net profit of KD 37 million for the nine months ending 30 September 2019. Over the three-month period ending 30 September 2019, the Bank's net profit accelerated to KD 13.2 million, an increase of KD 1 million or 8...
$92.6bn total bond and sukuk issuance since beginning of 2019 in MENA
KUWAIT: Global fixed income markets rallied in the third quarter of 2019 as major central banks across the globe were adopting more accommodative policies on the back of weakening growth and slower job creation. The US Federal Reserve Bank (Fed) cut its policy rate by 25 basis points (bp) twice this past quarter. Moreover, the Fed stopped shrinking its balance sheet over growing concerns regarding macroeconomic growth and lower inflation as well...
Order book of $3.6bn for KIPCO's seven-year $500m bond issue
Overwhelming response reflects global investors' confidence in KIPCO: Al-Ayyar Pinak Maitra and Faisal Al-Ayyar KUWAIT: KIPCO - the Kuwait Projects Company (Holding) - has announced that it has successfully completed the issuance of a seven-year $500 million (KD 151 million) bond under its $3 billion Euro Medium Term Note (EMTN) Program. The demand of $3.6 billion on the order book was KIPCO's largest ever in international debt capital markets,...
Trash to treasure: Everest garbage given new lease of life
A group of tourists sip water at a five-star hotel in Kathmandu, unaware that the green glasses in their hands were once bottles discarded on Mount Everest-left by climbers eager to make their ascent. In homes across the Nepali capital upcycled items, from pots to lamps, crafted from Everest waste products are slowly making their way as authorities and businesses look for fresh ways to tackle the damage caused by decades of commercial...
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