Arab Times

Venezuela – a lesson to be learned

Venezuela is one of the founding members of OPEC and used to export around three million barrels per day — a volume that Kuwait is aiming to achieve and produce soon. However, Venezuela today is producing less than 1.4 million barrels per day and is on the brink of collapse. …

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Bitcoin could ‘bring internet to a halt’, BIS report warns

‘Cryptocurrencies cannot be trusted’ ZURICH, June 18, (AFP): The Bank for International Settlements in a report warned digital currencies like bitcoin could overwhelm and break the internet if they continue to grow. The BIS, often described as the central bank for central banks, also warned, in a 24-page report published …

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IOC officials ‘willing’ to visit Kuwait: Al Fulaiteh

KUWAIT CITY, June 18, (KUNA): Officials from the International Olympic Committee (IOC) signaled a desire to visit Kuwait on July 10 to complete discussions on final solutions to lift the suspension on Kuwaiti sports, a senior official said. Talking to KUNA, Director of Public Authority for Sport (PAS) Hmoud Al-Fulaiteh …

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Racing’s pretenders hope for crowning moment at Royal Ascot

Triple Crown winner Justify to resume training in California ASCOT, UK, June 18, (Agencies): The curtain rises at Royal Ascot on Tuesday with connections of the blue-blooded thoroughbreds hoping their prayers are answered at ‘the hub of racing’ as Australian training legend Gai Waterhouse describes it. The 63-year-old — known …

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Ultimate man-child comedy in ‘Tag’

Childhood buddies keep in contact with grade-school game  The game began when they were nine years old. Thirty-five years later, it’s still going strong as five lifelong friends dedicate one month each year to playing “tag,” the old grade-school classic most kids leave on the schoolyard. If that sounds like …

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Tale of Saeed Ramadan

How the plot unwinds? In my article of last Monday, I was pondering about the biography of Tariq Ramadan and the secret behind the strength and ability of his father, who was working for Hassan Al-Banna (founder of the Muslim Brotherhood), who had managed to migrate to Switzerland and acquire …

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Amir congratulates Putin on World Cup

KUWAIT CITY, June 14, (KUNA): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has cabled Russian President Vladimir Putin congratulating him on holding the 2018 World Cup in his country. His Highness the Amir Sheikh Sabah Al-Ahmad praised the stunning inauguration show and great efforts that had been exerted …

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Russia rout Saudi Arabia in WC opener

Cheryshev stars MOSCOW, June 14, (AFP): Denis Cheryshev struck twice for Russia as the World Cup hosts thumped Saudi Arabia 5-0 in the opening match of the tournament in Moscow on Thursday (June 14). Iury Gazinsky scored after 12 minutes and Cheryshev added a second before the break after coming …

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Salah declared fit to play Egypt opener

Uruguay likely to field fearsome front 2 of Suarez, Cavani YEKATERINBURG, Russia, June 14, (AFP): Mohamed Salah has recovered from his shoulder injury and barring a last-minute hitch the Egyptian star will play in their World Cup opener against Uruguay on Friday, coach Hector Cuper said. The striker’s return after …

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Real estate market liquidity dips 12.9% in May

Listed companies’ Q1 earnings rise 6.2% to KD 562.2 million Local Real Estate Market – May 2018 The latest released data by the Ministry of Justice -Real Estate Registration and Authentications Department- (after excluding the crafts activity and the coastal strip system) indicate a decrease in real estate market liquidity …

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