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Dr Anwar Ali Al-Mudhaf and Hamad Saleh Al-Thekeir
AUB concludes sale of its share in KMEFIC to Al-Thekeir Co
KUWAIT: Ahli United Bank (K.S.C.P.) and Ahli United Bank (B.S.C.) announced that they concluded the sale of their shares in Kuwait & Middle East Financial Investment Company (KMEFIC) of 130,715,275 and 65,380,875 shares respectively at price of Kuwaiti fils 58.1 per share to Al-Thekeir General Trading & Contracting Company which is fully owned by Hamad Saleh Al-Thekeir. The transaction was completed after receiving the approvals of all necessary...
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Poverty, hunger worse in Pakistan's mountain regions
In Pakistan's warming mountains, farmers fish for a new living KARACHI: A man prepares fishing net along a road near the port area in Karachi, Pakistan. — Reuters GHIZER, Pakistan: Two years ago, Raja Iqbal Hussain quit his job as a low-paid hotel waiter in Dubai and went back to his native village in northern Pakistan to set himself up as a fish farmer. The 36-year-old father of three has now started bringing in a small profit from his fish,...
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Pioneering black model Coco Mitchell still strutting stuff at 60-plus
Coco Mitchell, one of the first black models, returned to the runway this month after a decade away, keen to push boundaries again in her 60s and support young creators. As the fashion carnival swings into Milan from London before heading to Paris, Mitchell is basking in the glow of achieving new catwalk feats in New York last week. "I want to push the envelope," she told AFP, days after busting some Janet Jackson dance moves during a star turn...
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'Flying' river taxi tests Seine waters in Paris
A "flying" electric river taxi hailed by its creators as the future of clean city transport is being put through a battery of tests in Paris this week, with a view to being in service by the spring. Named the "Sea Bubble", the white aerodynamic craft skimmed over the River Seine at speeds of up to 30 km/hour (17 m/hour), hovering 50 centimeters (1.5 feet) above the water. A journey from the Eiffel Tower in the west to Notre-Dame cathedral in the...
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U2 announce first ever India concert
Irish rockers U2 have announced they are to play their first ever concert in India, wrapping up the band's Joshua Tree Tour 2019 in the coastal megacity of Mumbai on December 15. India has in recent years seen an increase in big international acts touring there, with Beyonce, Shakira, Coldplay, Demi Lovato and Bryan Adams playing to packed venues. Bassist Adam Clayton said he was "looking forward to bringing a dash of Dublin to Mumbai" while...
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Mock meat edges onto Southeast Asian plates
A sprinkle of chili, some pinkish "pork" and a few basil leaves tossed into a sizzling wok-chef Songpol swears his vegan version of punchy Thai favorite pad kra phao is a match for the original, as plant-based protein creeps onto Southeast Asia's meat-heavy menus. "It has the texture, the flavour (of pork). The rest is about technique," he said in the bustling kitchen at the Bangkok You & Mee restaurant. But he concedes some diners remain to be...
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Overweight people more likely to have overweight dogs
Overweight people are more likely to have overweight dogs, partly because they are more likely to feed them treats, Danish researchers said yesterday. The study by the University of Copenhagen lends credence to the saying "like owner, like dog", the scientists wrote in the journal Preventive Veterinary Medicine. "The prevalence of heavy or obese dogs is more than twice as large among overweight or obese owners (35 percent) than among owners who...
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Acting defense minister calls on armed forces to be on high alert
KUWAIT: Deputy Prime Minister, Foreign Minister and Acting Defense Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah meets a number of ranking officers of the Kuwaiti armed forces headed by Army Chief of Staff Lt Gen Mohammed Al-Khodr yesterday. - KUNA KUWAIT: Kuwait's Deputy Prime Minister, Foreign Minister and Acting Defense Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah received yesterday in the presence of Deputy Foreign Minister Ambassador...
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Iran rules out US talks after Saudi attacks
3m bpd to remain offline for a month: S&P TEHRAN: Iran's supreme leader yesterday ruled out negotiations with the US "at any level", as tensions mounted between the arch-foes after Washington blamed Tehran for weekend attacks on Saudi oil installations. Yemen's Iran-aligned Houthi rebels claimed responsibility for Saturday's attacks, which halved oil output in Saudi Arabia, the world's top crude exporter. But yesterday, a US official upped...
KUWAIT: MP Safa Al-Hashem speaks during a National Assembly session yesterday. - Photo by Yasser Al-Zayyat
Hashem receives death threat over anti-expat tirade
KUWAIT: MP Safa Al-Hashem said yesterday that she received a threat to her life after calling on the government to impose charges on expatriates for everything they do, including taxing the air they breathe in the country. The lawmaker told the electronic edition of Al-Rai newspaper that it was the second time she received death threats - the first was several months ago when she made similar statements to tax some 3.3 million expatriates in the...
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New regulations for selling medicine in private pharmacies
KUWAIT: Responding to Health Minister Sheikh Dr Basel Al-Sabah's instructions, MoH assistant undersecretary for food and medicine control affairs Dr Abdullah Al-Bader announced new regulations for selling medicine in private pharmacies. The new regulations mandate doctors writing prescriptions to be bought from private pharmacies to note down all necessary information about the medicine, patients' full names and civil ID number or passport number...
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Analyst: Kuwaiti oil price may hit $75 p/b
KUWAIT: Kuwaiti oil analyst Mohamad Al-Shatti warned yesterday that Saturday's attack on oil facilities in Saudi Arabia would have serious effects on the global oil and gas industry. Al-Shatti predicted that Kuwait oil price would be between USD 65 per barrel to 75 pb in the "coming period." In a statement to Kuwait News Agency (KUNA), Al-Shatti confirms that it is certainly inevitable that global markets respond to "such threats," noting that...