Tuesday , October 17 2017

Arab Times

Kuwait index slips into red amid profit taking – KFH dips 7 fils; Zain gains

KUWAIT CITY, Sep 12: Kuwait stocks headed south on Tuesday after closing flat in the last session. The main index dipped 21.05 pts in choppy trade to 6,905.98 points as investors locked profits across the sectors. The blue chips however remained mixed. The KSX 15 measure fell 4.54 points to …

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OPEC output falls, sees higher demand – Compliance slips

LONDON, Sept 12, (RTRS): OPEC on Tuesday forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its production-cutting deal with non-member countries is helping to tackle a supply glut that has weighed on prices. In a monthly report, the Organization of …

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Qatar … the end of political blackmail

ANYONE who listened to the Qatari foreign minister’s speech at the Human Rights Council will definitely be baffled. When Sheikh Muhammad bin Abdul-Rahman Al Thani demanded that the solution should be far from dictation and infringement of sovereignty, his country’s government continued to interfere in the affairs of other countries …

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‘Current War’ electrifies Toronto fest – Cumberbatch, Shannon star in Edison, Westinghouse row saga

TORONTO, Canada, Sept 11, (Agencies): Oscar nominees Benedict Cumberbatch and Michael Shannon electrified audiences at the Toronto Film Festival Sunday with their portrayals of Thomas Edison and his rival in the race for marketable electricity, George Westinghouse. “The Current War” was directed by Alfonso Gomez-Rejon, who described Edison as someone …

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Chopra urges Syria refugee help – ‘Season’ examines immigrant issues

AMMAN, Jordan, Sept 11, (Agencies): The world must do more to help Syrian refugee children get an education, actress Priyanka Chopra said after chatting and joking with young refugees at an after-school center in Jordan’s capital. Individuals can make a difference with donations if governments don’t step up, said Chopra, …

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Russian film turns classic author into supersleuth – ‘Gogol. The Start’ based on author’s real life

MOSCOW, Sept 11, (AFP): A new Russian film aimed at a youth audience reinvents classic novelist Nikolai Gogol as a gothic-style detective who battles dark supernatural forces to solve a series of ritual murders. Critics have queried the lashings of eyeliner, plumped-up lips and lack of historical rigour, while the …

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KAPP taps NBK Capital for Shamal Azzour Al-Oula IPO – First PPP project to debut on Boursa Kuwait in Q1 2018

KUWAIT CITY, Sept 11: The Kuwait Authority for Partnership Projects (KAPP) today announced the appointment of an NBK Capital-led consortium as the advisor and offering manager for the distribution and transfer of shares in Shamal Azzour Al-Oula K.S.C, which are currently held by KAPP, to Kuwaiti citizens. Shamal Azzour Al-Oula …

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Banks need to modify their products, communication channels

KUWAIT CITY, Sept 11: Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a report titled ‘Demographics & Kuwait Banking’, analysing the impact of evolving demographics on Kuwait Banking. The report stated that it is always a challenge to link a slow moving big factor like demographics …

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Kuwait market little changed; volume up – Americana vaults 150 fils; Humansoft Holding dips

KUWAIT CITY, Sept 11: Kuwait stocks trod water Monday following last session’s upswing. The price index inched 0.71 points higher to 6,927.03 pts as the market flipped between small gains and losses. Some of the heavyweights however witnessed strong buying interest. The KSX 15 gauge rose 1.95 pts to 1,025.03 …

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Nadal storms to 16th Grand Slam title – Rafa wins US Open

NEW YORK, Sept 11, (AFP): Rafael Nadal raced to a third US Open title and 16th Grand Slam crown on Sunday with a 6-3, 6-3, 6-4 rout of South African giant Kevin Anderson. The world number one, the champion also in New York in 2010 and 2013, added the US …

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