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Initial nod for KFH AUB takeover
KUWAIT: Kuwait Finance House has received conditional approval from Kuwait's Central Bank for its proposed acquisition of Bahrain's Ahli United Bank. The deal depends on a number of requirements to ensure adherence to sharia, transparency and protection of free competition, the Central Bank said in a statement. KFH announced its plan to take over the Bahraini lender in January. - Reuters
KIRIKKALE, Turkey: This handout picture shows Turkish President Recep Tayyip Erdogan chairing the coordination meeting with the attendance of Turkish Defense Minister Hulusi Akar and other officials yesterday. - AFP
Turkish warplanes, artillery kick off Syria offensive
AKCAKALE, Turkey: Turkey launched a military operation against Kurdish fighters in northeast Syria yesterday just days after US troops pulled back from the area, with warplanes and artillery striking militia positions in several towns in the border region. Turkish President Tayyip Erdogan, announcing the start of the action, said the aim was to eliminate what he called a "terror corridor" on Turkey's southern border, but European countries...
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Iraqi social networks still offline despite return to calm
BAGHDAD: Access to social media sites remained restricted in Iraq yesterday, despite calm returning to the streets after a week of anti-government protests that left dozens dead. For a week internet access in Iraq has been progressively limited. First access to certain social media sites disappeared, followed by internet connections for telephones, computers and even virtual private network (VPN) applications. Cyber-security NGO NetBlocks noted...
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Belgium outrage over woman punched in burger advert
BRUSSELS: Belgium's advertising regulator said yesterday it has clocked up hundreds of complaints over a viral hamburger ad showing a comic-book version of a man punching a woman for handing him the wrong sandwich. Consumers and politicians called the online ad "sickening" and "irresponsible", saying it went directly against public campaigns denouncing domestic violence. The ad, published on Facebook, aimed to publicize a Belgian hamburger...
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Rescued from sex slavery, red tape traps Bangladeshi girls in India
SOUTH 24 PARGANAS: Priya was 15 when a relative in Bangladesh tricked her with the promise of a dream job as a singer, drugged her, and trafficked her across the border into the sex trade in India. After several failed attempts to escape the brothel in the eastern state of West Bengal where she was trapped for six years, Priya was rescued along with other girls from Bangladesh and India in a raid by police and anti-trafficking campaigners....
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Twitter admits phone numbers meant for security used for ads
Facebook extends fact-checking program to 10 new African statesSAN FRANCISCO: Twitter has apologized after "inadvertently" using phone numbers and email addresses for advertising even though the personal data was provided for account security. Twitter users' phone numbers and email addresses - submitted to allow for account authentication - were matched with advertisers' own data to enable targeted ads. "When you provided an email address or...
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Oil prices drop below $60 as global growth concerns rise
KUWAIT: September closed with oil prices trading at or below where they were on the eve of the missile strike on Saudi Arabia's oil infrastructure. International crude benchmarks Brent and West Texas Intermediate (WTI) ended the month at $60.78 (+0.68 percent mtd; +13 percent ytd) and $54.1/bbl (-1.9 percent mtd; +19.1 percent ytd), respectively. Having given up all their gains accrued in the aftermath of the attack on Saudi's Abqaiq/Khurais oil...
Adel Abdul Wahab Al-Majed
Boubyan Bank posts net profits of KD 45m for period ended 30 Sept
Adel Abdul Wahab Al-Majed KUWAIT: Boubyan Bank has announced net profits of KD 45 million for the period ended 30 September 2019, at a growth rate of 12 percent compared the previous year, with an earnings per share of 15.25 fils compared to 14.20 fils for the same period in 2018. Adel Abdul Wahab Al-Majed, the Bank's Vice-Chairman & Chief Executive Officer, commented on such positive results by stating: "Thanks to Allah, the Almighty, the...
Iranian director Taghi Amirani, left, and US editor Walter Murch of the film ‘Coup 53’, pose in London. — AFP
Filmmaker sheds new light on Britain's role in 1953 Iran coup
Iranian director Taghi Amirani, left, and US editor Walter Murch of the film ‘Coup 53’, pose in London. — AFP Filmmaker Taghi Amirani calls them the documents that changed the fate of his country, casting light on Britain's role in organizing the overthrow of Iran's leader six decades ago. His film, "Coup 53", screened at the London Film Festival last weekend, purports to find fresh evidence that a British spy spearheaded the ousting of...
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'Call of Duty: Mobile' smashes records
The mobile version of videogame franchise "Call of Duty" racked up 100 million downloads in its first week, industry site Sensor Tower said on Tuesday, dwarfing the debuts of previous smashes including "Fortnite" and "PlayerUnknown's Battlegrounds" (PUBG). PUBG, Fortnite and Electronic Arts' "Apex Legends" scored 26.3 million, 22.5 million and 25 million respectively in their first week of release. "This is by far the largest mobile game launch...
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Fashion House VoleeYu, a royal style that never goes out of style
Fashion House VoleeYu is a unique, authentic fashionable Ukrainian brand with its own special philosophy based on the centuries-old cultural heritage of mankind. VoleeYu is a combination of aristocratic fashion, designer accessories, expensive tableware design and royal interiors in one brand. Fashion House VoleeYu was created in 2014 by Katsianova Yuliia in Kiev, Ukraine. A successful architect and designer with 16 years of experience, Julia has...
Coleen Rooney (left) and Rebekah Vardy
Twitter spat between footballers’ wives Rooney, Vardy grips Britain
'There has been so much information given to them about me and my friends'LONDON: Coleen Rooney says someone using Rebekah Vardy's Instagram account has leaked stories about her as a Twitter spat between the two footballers' wives gripped Britain yesterday. Rooney, married to former England international Wayne Rooney, told her 1.3 million Twitter followers that she had spent five months attempting to work out who was sharing stories based on her...
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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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LONDON: Britain's incoming Prime Minister Keir Starmer and his wife Victoria wave as they pose on the steps of 10 Downing Street on July 5, 2024. - AFP
‘Restless’ Starmer seeks ‘reset’, axes Rwanda scheme
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Row erupts over foreign scholarships
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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
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Scholarship acceptance rates: By the numbers