Tuesday , September 25 2018

Arab Times

Sharp increase seen in Kuwaiti deposits in Iranian banks

Move tied to about 20 pc interest rate compared to that offered by local banks KUWAIT CITY, Aug 1: There has been a sharp increase in Kuwaiti deposits at Iranian banks lately due to low interest rates offered by Kuwaiti banks compared to those of their Iranian counterparts, reports Al-Qabas …

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Fear as Iran currency dives

LONDON, Aug 1, (Agencies): Iranian lawmakers have given President Hassan Rouhani one month to appear before parliament to answer questions on his government’s handling of Iran’s economic struggles, state media reported on Wednesday. It is the first time parliament has summoned Rouhani, who is under pressure from hardline rivals to …

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2nd Aug

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Police probe use of growth hormones on children in Indian brothels

CHENNAI, India, Aug 1 (Thomson Reuters Foundation) – Indian police are investigating the use of growth hormones in a sex trafficking case, following the arrest of eight people charged with exploitation of children in brothels in Telangana state. Eleven girls, including four below age 7, were rescued from brothels in …

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Danish ban on face-covering garments enters into force

COPENHAGEN, Denmark (AP) — Supporters and opponents of a ban on garments covering the face, including Islamic veils such as the niqab or burqa, are clashing verbally as the law takes effect. Marcus Knuth of the ruling liberal party Venstre, says the dress worn by some conservative Muslim women is …

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India bans vaccine imports from tainted China company

New Delhi, Aug 1, 2018 (AFP) -India has banned the import of a rabies vaccine from a Chinese manufacturer embroiled in a safety scandal, the head of India’s drug regulator told a newspaper in comments published Wednesday. “The vaccine is being used in India, but we don’t have the exact …

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Islamic State fighters surrender to Afghan forces after Taliban assault

KABUL, Afghanistan (AP) — Afghan officials say more than 150 Islamic State fighters have surrendered to government forces in the face of an onslaught by the Taliban in the northern Jawzjan province. Gen. Faqir Mohammad Jawzjani, the provincial police chief, said 152 fighters surrendered Wednesday, including Habib-ul Rahman, their commander. …

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UAE offers amnesty for foreign workers stuck in Catch-22

DUBAI, United Arab Emirates (AP) — The United Arab Emirates has begun a three-month visa amnesty program, hoping to resolve a Catch-22 for foreign workers who are fined daily for overstaying their permits but prevented from leaving until they pay the penalties. The government isn’t releasing specific numbers, but says …

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Law doesnt permit to transfer factory visa to visa 18

My son is working in Kuwait since July 2016 in a company producing rolling shutter slats. He is a graduate and he is working as a storekeeper/secretary. He got a better job in a logistic company as he is also holding diploma in shipping and logistics. Now it’s understood that …

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Zain H1 net profit rises 5% to KD 86.4 mn

Data revenue up 10%; customer base grows 5% to reach 47.4 million KUWAIT CITY, July 31: Zain Group, a leading mobile innovator with operations in eight markets across the Middle East and Africa, announces its consolidated financial results for the six months to 30 June 2018. Zain served 47.4 million …

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