Saturday , September 22 2018

Arab Times

Zain completes five-year $700m loan refinancing

RIYADH, Aug 30, (RTRS): Kuwait based telecommunications group Zain has completed a five-year, $700 million revolving credit facility with a number of regional and international banks. The new facility refinances an $800 million revolving syndicated loan completed in 2014 and will be used for general corporate purposes, according to a …

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Middle East funds less positive on Saudi, Kuwait

Volatility on Turkey makes some bonds attractive; no major impact from delay to Aramco IPO DUBAI, Aug 30, (RTRS): Middle East fund managers have become less positive towards equities in Saudi Arabia and Kuwait after Turkey’s currency crisis triggered volatility in the markets this month, a monthly Reuters poll showed …

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MP prepares grilling request

KUWAIT CITY, Aug 30: MP Riyad Al-Adsani has disclosed his intention to submit an interpellation request against State Minister for National Assembly Affairs Adel Al-Kharafiby the beginning of the upcoming legislative term; asserting that even if the minister survives this interpellation, another one will be submitted against him because “any …

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Activist accuses female kindergarten teachers of stealing husbands: media

KUWAIT CITY, Aug 30: In an audio clip, an activist accused some female teachers of kindergarten schools of stealing husbands from their wives. She alleged that the teachers call the husbands to report about their wards’ strange behaviors such as their strange drawings and so on, and then request those …

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MoSAL gives nod to Al Durra to open offices in co-ops

KUWAIT CITY, Aug 30: Acting Undersecretary of the Ministry of Social Affairs and Labor and Assistant Undersecretary for Social Welfare Sector Sheikha Al-Adwani said the ministry has no objection if Al- Durra Company for Domestic Workers opens offices in cooperative societies subject to coordination with the Union of Consumer Cooperative …

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No change in New Islamic Year holiday – ‘Either on Sept 10 or Sept 11’

KUWAIT CITY, Aug 30: The official holiday on the occasion of the beginning of the New Islamic Year will not be shifted; it will be either on Sept 10 or Sept 11, reports Aljarida daily quoting sources from the Civil Service Commission (CSC). They indicated that this decision was taken …

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Oil company workers reject security regulations

KUWAIT CITY, Aug 30: The Interior Ministry has submitted a complaint to the Attorney General, accusing a number of employees in an oil company of rejecting measures taken by the military forces in charge of securing Burgan gate especially with regard to inspection of vehicles and persons, reports Al-Anba daily. …

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Problem of 80 ‘stranded’ nurses from India … remains unsolved

Nurses appeal to concerned officials to find a solution to their tragedy KUWAIT CITY, Aug 30: The 80 Indian nurses which had signed a contract to work with Kuwait’s Ministry of Health continue to live in ‘no man’s land’, reports Al-Anba daily. According to reports the Ministry of Health had …

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Monthly stipend between KD 150 and KD 200 per month mulled for students of rare disciplines

‘More Kuwaiti teachers to fill void’ KUWAIT CITY, Aug 30: The Ministry of Education said the government is seriously studying the possibility of allocating special allowance for students who register to study in rare specializations, reports Al-Anba daily. The daily added, the allowances will range between KD 150 and KD …

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Wataniya Airways undertakes five crisis-recovery measures

MP proposes to cancel Article 104 of Law 17/1996 KUWAIT CITY, Aug 30: Wataniya Airways has taken a number of operational measures to curb the mistakes that led to the recent chaos that besieged the local aviation sector, which is still reeling from what happened, reports Al-Anba daily quoting informed …

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