Arab Times

China could help us set up high-tech, industrial parks

WIN-WIN FOR CHINA-KUWAIT TIES KUWAIT CITY, July 8, (KUNA): His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah said China could help set up industrial and high-tech parks in northern Kuwait, part of the country’s strategic plans to diversify its economy and be a global trade and financial …

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KLM exits Iran

DUBAI, UAE, July 8, (Agencies): Dutch airline KLM says it will halt flights to Tehran “as a result of the negative results and financial outlook” following the US withdrawal from the Iranian nuclear accord. The airline, part of the Air France KLM group, made the announcement in a short statement …

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Police fire on Basra protesters – Two Filipinas freed

BASRA, Iraq, July 8, (Agencies): Iraqi police opened fire to disperse dozens of protesters near the southern oil hub of Basra on Sunday as they demonstrated against a shortage of jobs, electricity, water and other basic services, police and local officials said. Police sources said eight protesters were wounded in …

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9th Jul

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England sink Sweden, clinch semis berth

‘Great achievement’ SAMARA, Russia, July 7, (AFP): Harry Maguire and Dele Alli scored as England comfortably defeated Sweden 2-0 in Samara on Saturday to reach the World Cup semifinals for the first time since 1990. Leicester defender Maguire headed in the opening goal from a corner on 30 minutes, with …

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‘Bitter’ Brazil boss keeps quiet on future

Neymar fails to sparkle as Brazil crash out KAZAN ARENA, Russia, July 7, (AFP): Brazil coach Tite left questions hanging over his future but refused to point the finger as the five-time champions crashed out of the World Cup after a 2-1 quarter-final defeat to Belgium. Four years after the …

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Kuwait’s oil price down

KUWAIT CITY, July 7, (Agencies): The price of Kuwaiti oil went down by 63 cents to $73.52 per barrel (pb) Friday, after being at $74.15 pb the day before, said Kuwait Petroleum Corporation (KPC) on Saturday. On the global level, oil prices varied on Friday as US crude went up …

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Global equity markets strengthen during Q2: KFIC

Kuwait’s All Share Index increases to 3.27 pct KUWAIT CITY, July 7: Kuwait Finance and Investment Company (KFIC) announced its report for June 2018 which discusses the status of local and international markets. International Economic Overview Global equity markets strengthened during the Quarter as the MSCI World Index increased by …

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Markaz organizes ‘Kuwait Banking in 2018 and Beyond’ seminar July 9

In collaboration with Kuwait Banking Association KUWAIT CITY, July 7: Continuing its valuable partnership with Kuwait Banking Association (KBA), which resulted in many successful events related to the financial industry, Kuwait Financial Centre “Markaz” will hold another seminar titled “Kuwait Banking in 2018 and Beyond” on 9 July 2018 at …

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Amir arrives on state visit to China

BEIJING, July 7, (Agencies): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al- Sabah arrived in China on Sunday, embarking on an official state visit. At His Highness’s reception and the delegation accompanying him was Assistant Foreign Minister for West Asian and North African Affairs Chen Xiaodong, Chinese Ambassador to …

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