Arab Times

Ahli United Bank logs record H1 profit of $301.2 million

KUWAIT CITY, Aug 3: Ahli United Bank B.S.C. (AUB) reported a record net profit of $301.2 million attributable to its equity shareholders for the half year ended June 30, 2016. The net profit reflected an increase of 8.2% in H1/2016 as compared to the net profit figure of $278.4 million …

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Games trio from Asia to work on a joint projects

RIO DE JANEIRO, Aug 3, (RTRS): The hosts of the next three winter and summer Olympics in Asia will meet in Rio de Janeiro to make plans aimed at maximising commercial collaborations, the head of the Pyeongchang 2018 organising committee said on Wednesday. The International Olympic Committee has awarded the …

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Sweden kick off Games with win

RIO DE JANEIRO, Aug 3, (Agencies): South America’s first Olympic Games kicked off with women’s football on Wednesday, when Sweden beat South Africa 1-0 in Rio de Janeiro. Although the opening ceremony takes place on Friday, the football competitions begin ahead of time with six women’s matches on Wednesday and …

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Sohail stars for Pakistan against England

BIRMINGHAM, United Kingdom, Aug 3, (AFP): Sohail Khan marked his return to Test cricket after a five-year absence with a maiden five-wicket haul as Pakistan dismissed England for 297 on the first day of the third Test at Edgbaston. After Sohail sparked a top-order collapse, England were indebted to lefthanders …

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All safe after Emirates plane crash lands in Dubai – 282 passengers from India

DUBAI, United Arab Emirates, Aug 3, (AP): An Emirates flight from India with 300 people on board crash landed at Dubai’s main airport Wednesday, sending black smoke billowing into the air and halting all flights at the Middle East’s busiest airport. A firefighter died while responding to the blaze, but …

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Israel okays jailing ‘terrorists’ from age 12

JERUSALEM, Aug 3, (AFP): Israeli lawmakers approved jailing children as young as 12 convicted of “terrorist offences” in the wake of repeated attacks by young Palestinians, the parliament said on Wednesday. “The ‘Youth Bill,’ which will allow the authorities to imprison a minor convicted of serious crimes such as murder, …

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Despite controversy, supporters back Trump style – Impulsive, belligerent

ASHBURN, United States, Aug 3, (AFP): He is uncouth, impulsive and belligerent. But Donald Trump is changing for no one during the US presidential race, and despite his controversial ways, supporters say they respect the billionaire candidate’s style. Trump’s unvarnished delivery has become a hallmark of his extraordinary White House …

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Saudis move to help stranded workers

JEDDAH, Saudi Arabia, Aug 3, (AFP): Saudi Arabia took steps on Wednesday to help around 2,500 Indian workers stranded without money in the kingdom after a plunge in oil prices sparked construction layoffs. India’s minister of state for external affairs, V.K. Singh, said he had a “very good meeting” with …

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Almost 90 people caught in Qurain Markets crackdown

KUWAIT CITY, Aug 3: Under the leadership of acting Assistant Undersecretary for Public Security Affairs in the Interior Ministry Major General Ali Madi, security officers affiliated to various sectors in the ministry recently launched an intensive security campaign in Qurain Market in Mubarak Al-Kabeer Governorate. The campaign resulted in the …

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