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Aramco says ready for two-stage IPO
Saudi giant eyes international listing 'very soon,' hopes to raise up to $100bn ABU DHABI: Saudi energy giant Aramco is ready for a two-stage stock market debut including an international listing "very soon" but the timing is up to the government, its CEO said yesterday. Aramco has said it plans to float around five percent of the state-owned company in 2020 or 2021 in what could potentially be the world's biggest stock sale. The mammoth Initial...
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Crude prices roiled by global trade and economic worries
IEA revises down its projection for global oil demand growth againKUWAIT: Worries over the global economy continue to weigh on oil prices. Brent crude, the international benchmark, fell 7.3 percent in August to close at $60.4/bbl, the steepest monthly fall since May's decline of 11.4 percent. It has since dropped further, to around $58.3/bbl as of 3 September. The US crude marker, West Texas Intermediate (WTI), declined 6 percent in August to...
OYSTER CREEK, US: The EQUATE Group inaugurates its Oyster Creek site in Oyster Creek, Texas, USA.
EQUATE Group inaugurates its new MEGlobal Oyster Creek site in Texas
Site to build on company's global footprint and benefit Kuwait, USOYSTER CREEK, US: The EQUATE Group announced the inauguration of its new MEGlobal Oyster Creek site in Oyster Creek, Texas, USA. The momentous occasion was celebrated with a ribbon cutting ceremony on site, attended by EQUATE shareholders and management. The world-scale, 750,000 metric-tons-annually (mta) ethylene glycol (EG) manufacturing facility is part of EQUATE's wholly-owned...
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Mosquito trials raise hopes of defeating dengue
Trial tested in nine countries, early results look promising NHA TRANG, Vietnam: Hundreds dead in the Philippines; a threefold increase of cases in Vietnam; hospitals overrun in Malaysia, Myanmar and Cambodia-dengue is ravaging Southeast Asia this year due in part to rising temperatures and low immunity to new strains. But one group of scientists is rolling out trials to breed dengue-resistant bugs in a bid to tackle one of the world's leading...
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'IT Chapter Two' scares up $91.1 million to top N. America box office
Proving again the lure of a good scare, the Stephen King-inspired film "IT Chapter Two" took in $91.1 million this weekend to top the North American box office, industry watcher Exhibitor Relations said Monday. That three-day total fell below the original "It," with its frighteningly impressive $123 million opening in 2017. But the two films now rank as the top two horror openings ever, according to Variety. "IT Chapter Two" stars Jessica...
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Fleeces, flowers and fluidity: New York Fashion Week day three
AFP takes a look at the highlights from day three of New York Fashion Week on Monday. California dreamin' Vibrant colors associated with California's blooming season inspired Wes Gordon's third collection as creative director of Carolina Herrera. The spring 2020 lineup showed that he is evolving the label since taking over from the eponymous founder in 2018 rather than revolutionizing it. Pink, yellow, blue and orange were all prominently...
MANCHESTER: Australia’s captain Tim Paine (L) and Australia’s Steve Smith (R) celebrate their victory on the field after the fourth Ashes cricket Test match between England and Australia at Old Trafford in Manchester. — AFP
‘Accidental’ Australia captain Paine on verge of Ashes landmark
Paine contributed to victory in Manchester by ending a run of low scores with a valuable 58LONDRES: Greg Chappell could not do it, while Ricky Ponting and Michael Clarke, who had both had two attempts each, were unable to manage it either. But if his side avoid defeat in the fifth Test against England at The Oval starting tomorrow, Tim Paine will join the list of Australia captains who have led the team to an Ashes series win in England. It is a...
GLASGOW: Belgium's striker Romelu Lukaku (L) is tackled by Scotland's defender Liam Cooper (C) during the Euro 2020 football qualification match between Scotland and Belgium at Hampden Park, Glasgow. - AFP
Belgium, Netherlands hit four as Germany edge closer to Euros
Macedonia keep hopes alive with 2-0 win in LatviaPARIS: Belgium and the Netherlands both cruised to 4-0 wins over Scotland and Estonia respectively in Euro 2020 qualifying on Monday, while Germany claimed a crucial victory over Northern Ireland in their bid to qualify for next year's finals. Roberto Martinez's Belgium, the world-number-one ranked side, were not at their best but still swatted aside a poor Scotland outfit at Hampden Park to make...
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HUAWEI sponsors Kuwait National Team Matches of WCup 2022 and Asian Cup 2023 qualifiers
KUWAIT: Almost half of the people around the world have breathed football in with the air of childhood and grew with a passion for football. these games fuel the global and local interest in football, articulate national pride, and stimulate national cohesion. HUAWEI Technologies Kuwait Co., WLL has had Kuwait National Team matches sponsorship for the World Cup 2022 and Asian Cup 2023 Qualifiers happening in Kuwait. As one of the sponsors of...
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Apple unveils iPhone 11, TV+, game service
CUPERTINO, California: Apple unveiled its iPhone 11 models yesterday, touting upgraded, ultra-wide cameras as it updated its popular smartphone lineup and cut its entry price to $699. The newest handsets come as Apple seeks to spur new upgrades in a slumping global smartphone market. The new iPhones are "jam packed with new capabilities and an incredible new design," Apple chief executive Tim Cook told a launch event in Cupertino, California. The...
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Amir's global contributions boost Kuwait's international standing
KUWAIT: The contributions of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah have boosted Kuwait's international standing, said Minister of Commerce and Industry and State Minister for Services Khaled Al-Roudhan yesterday. In a press statement, Al-Roudhan congratulated His Highness the Amir on the fifth anniversary of naming him as "Leader of Humanitarian Action" and Kuwait as "Center of Humanitarian Action" by the United Nations....
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Salem Al-Hamar: 6,000 people covered by Al-Ashayat Bank 2 project with Awqaf
General Manager of Kuwait Food Bank in an exclusive interview with Kuwait Times General Manager of Kuwait Food Bank Salem Al-Hamar KUWAIT: General Manager of Kuwait Food Bank Salem Al-Hamar spoke in an exclusive interview with Kuwait Times about its cooperation with the General Secretariat of Awqaf on the Al-Ashayat Bank 2 project. Some excerpts: Kuwait Times: Tell us about the Al-Ashayat Bank 2 project. Salem Al-Hamar: The General Secretariat...
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Bader Al-Kharafi
Gulf Bank’s Islamic shift, KD 1.5bn value key achievements as Bader Al-Kharafi steps down
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Sheikh Talal Al-Khaled Al-Sabah
Former interior, defense minister jailed for 14 yrs
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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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AYRSHIRE: Britain's King Charles III holds an audience with His Highness the Amir of Kuwait Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, at Dumfries House, Cumnock, on January 15, 2025. - AFP
Kuwait's Amir visits UK King in Dumfries House
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Taxes will target commodities harmful to human health: Kuwait's Finance Minister