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KAMCO shareholders okay draft merger contract with Global
KUWAIT: KAMCO Investment Company ("KAMCO"), a leading investment company with one of the largest AUMs in the region, announced that its shareholders have approved all matters pertaining to the draft merger contract between KAMCO and Global Investment House ("Global") during the Extraordinary General Assembly Meeting of the shareholders of KAMCO, subject to the approval of the Capital Markets Authority ("CMA"). As set out in the Amalgamation...
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Jazeera Airways' monthly passenger numbers exceed quarter million
Airline's on-time performance now running at 94%KUWAIT: Jazeera Airways, Kuwait's leading low-cost airline, operating regionally and internationally, today reported its operational performance for the month of August 2019, announcing an 85 percent on-time performance with a high aircraft utilization of 14.38 hours. The airline served over 263,800 passengers during the summer month, up 22 percent from August 2018, and operated 1,918 flights to 28...
This file photo shows Apple’s new offices on Half Moon Street in Cork city center, southern Ireland. Apple embarked on an epic court battle with the EU yesterday, fighting the commission’s landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes. — AFP
Apple says $14 billion EU tax order 'defies reality and common sense'
Case key to EU crackdown on multinational sweetheart dealsLUXEMBOURG: The European Union's order to Apple to pay 13 billion euros ($14 billion) in back taxes "defies reality and common sense", the US firm said as the two sides sparred in a case key to the EU's crackdown on sweetheart deals to multinationals. The iPhone maker is appealing to Europe's second highest court to overturn the European Commission's 2016 ruling that it pay the record sum...
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Brad Pitt talks weightlessness and calluses on phone call to ISS
When Brad Pitt called the International Space Station (ISS) Monday to talk to American astronaut Nick Hague, the conversation turned to the unexpected consequences of weightless life. "The calluses on my feet have basically gone away because I don't walk on the bottoms of my feet," said Hague, who is currently living on the ISS with two other Americans, two Russians and an Italian. "But now I have calluses across the top of my foot, around my big...
Acting teacher Baburao Ladsaheb performs for his students during a class at the ‘Five Star Acting Dancing Fighting Classes’ in Mumbai’s Dharavi, one of Asia’s biggest slums.— AFP photos
The Bollywood dream factory in Mumbai's slums
In a windowless attic in Dharavi in Mumbai, one of Asia's biggest slums, some are looking to become a Bollywood star-or at least get a bit part. It is in this studio, accessible via a narrow ladder and rope, that larger-than-life Baburao Ladsaheb offers what a hand-painted sign calls "Five Star Acting Dancing Fighting Classes". "I've been running these classes for 35 years and have trained over 15,000 students," says Ladsaheb, taking a break from...
Dave Miley (second right) with Kuwait Tennis Federation President Sheikh Ahmad Al-Jaber Al-Abdallah Al-Sabah (second left) and Secretary General Faleh Al-Otaibi during the press conference.
Former ITF director Miley visits Kuwait
KUWAIT: Former Director of Development at the International Tennis Federation (ITF) Dave Miley was on a visit to Kuwait during which he visited Sheikh Jaber Al-Abdallah Al-Jaber Al-Sabah International Tennis Complex accompanied by Kuwait Tennis Federation President Sheikh Ahmad Al-Jaber Al-Abdallah Al-Sabah and Secretary General Faleh Al-Otaibi. Dave Miley (second right) with Kuwait Tennis Federation President Sheikh Ahmad Al-Jaber Al-Abdallah...
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Kuwait partakes in 24th Asian Table Tennis Championships
KUWAIT: Kuwait National Table Tennis team gave good performance during the 24th Asian Championships being held in Indonesia, and will continue until September 22. The team beat Nepal in its first match by the score of 3-1, but lost its second match to Philippines by the score of 3-2. Kuwait was represented by players Ibrahim Al-Hassan, Salem Al-Hassan, Marzouq Al-Rashidi and Jaber Al-Balhan. Chairman of Kuwait Table Tennis Federation lauded the...
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MPs call on govt to beef up security after drone breach
KUWAIT: Lawmakers yesterday called on the government to beef up security measures following what they called a "very serious breach" after a drone intruded into the country's airspace. MP Riyadh Al-Adasani accused the government of not being sufficiently ready to face such violations, adding that the government should have dealt with the breach immediately. The lawmakers made the remarks after the government said an investigation has been...
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Bayt.com's Future of Work Report predicts Jobs in Kuwait to rise in the next 10 Years
90% of Kuwait professionals feel confident and excited about the future of work Omar Tahboub, GM, Bayt.com KUWAIT: Nearly four in five recruiters in the Middle East say that the hiring process is going to change in the future, according to new research by Bayt.com and YouGov. Nearly nine in 10 say the process will be fully online, significantly faster, and more reliant on artificial intelligence, automation, and people analytics. At the same...
KUWAIT: This handout photo shows police round up a number of people during a security campaign at Amghara scrap yard yesterday. —Interior Ministry photos
KUCS employed 752 illegal residents by end of 2018
KUWAIT: Kuwait's Union of Cooperative Societies (KUCS) announced yesterday that the number of illegal residents employed in the union is 752 employees by the end of 2018. KUCS head of the committee for Media and Public Relations Salah Al-Azmi told KUNA that Saad Al-Abdullah Cooperative Society ranked first hiring 112 of illegal residents, followed by Jaber Al-Ahmad Cooperative Society, 47 employees, and Al-Naseem with 42 employees. Al-Azmi added...
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Students, parents protest against rising school fees
KUWAIT: A number of private school students and their parents recently demonstrated outside their school in protest towards the increasing of the school's tuition fees as a result of upgrading the school category from B to A said informed educational sources. It is also worth noting that the charity fund only pays the fees for needy students in category B school while parents have to pay the difference in category A schools. Furthermore, the...
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Municipality campaign In West Abu Fateera
KUWAIT: Municipality public relations said Mubarak Al-Kabeer branch carried out an intensive campaign in occupational West Abu Fateera. The campaign was aimed at implementing the law and removing encroachments on state property, removing random signs and making sure all safety licenses and storages were in order. The campaign was led by Mubarak Al-Kabeer Branch Director Fahd Al-Khrainej and accompanied by other officials. He said some stores were...
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HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah arrives in Scotland on the personal invitation of King Charles III of the United Kingdom and Northern Ireland on Jan 14, 2025. - Amiri Diwn photos
Amir’s visit to UK boosts ties
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Britain's King Charles III (L) welcomes Crown Prince of Kuwait Sheikh Mishal al-Ahmad al-Jaber al-Sabah, during an audience at Buckingham Palace, in London, on October 25, 2023. (Photo by Jordan Pettitt / POOL / AFP)
Amir’s visit to UK... a significant milestone in Kuwaiti British relations
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Amir departs to the UK at personal invitation of King Charles III