Saturday , November 18 2017

Arab Times

What will referendum bring for Kurds?

IN a land home to members of myriad different faiths and ethnicities, the answer to this question — when a rational, realistic and conscientious assessment is to be made — is actually quite obvious: Every separation brings with it new and greater problems. Iraq’s territorial integrity being compromised will also …

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Late penalty keeps Syria WC dream alive – Australia held

MALACCA, Malaysia, Oct 5, (RTRS): Syria striker Omar Al Somah blasted home an 85th-minute penalty to keep their World Cup dream alive as the side from the war-torn country battled back to earn a 1-1 draw against Australia in the first leg of their Asian confederation playoff on Thursday. Forced …

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Russia WCup on track, says FIFA – South America launches 3-nation bid

MOSCOW, Oct 5, (Agencies): Preparations for next year’s World Cup finals in Russia are on track but lots of work remains to be done, global soccer’s governing body FIFA said on Thursday. “In general the state of readiness is good, planning is good and on track,” Colin Smith, FIFA’s director …

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Barbers outlast Cabalen in grueling match-up – Desert Camp get redemption vs Al Yasra

KUWAIT CITY, Oct 5: Barbers and Barba-Cabalen heated up the hardwood at Hawally Disabled Sports Club, combining for more than 200 points in a thriller match-up of epic proportions at PBLK’s 5’8” Division 8th Season on Friday. The top guns of Barbers showed up strong as five players scored in …

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Kuwait oil revenues to hit KD 12.3bn for FY17/18 – Balance of total public debt instruments rises KD 150mn to reach KD 3.967bn by end of June 2017

Oil and Public Finance – September 2017 By the end of September 2017, the first half of the current fiscal year 2017/2018 ended and the average Kuwaiti oil price for September scored US$ 52.3 per barrel, up by US$ 3.8 per barrel, 7.8%, from August’s average price of US$ 48.5 …

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Indian yields jump to ‘highest’ after Reserve Bank holds rates – Rand leads emerging market currencies

LONDON, Oct 5, (RTRS): Emerging currencies broadly weakened on Thursday, with South Africa’s rand down 0.3 percent against a marginally firmer dollar, after a stark warning from the central bank over the government’s failure to tackle corruption. Earlier, Indian yields jumped to the highest since June after the central bank …

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Kuwait’s stocks dive to end week on sour note – Zain gains 3.38 pct; United Project Co dives

KUWAIT CITY, Oct 5: Kuwait stocks retreated sharply on Thursday to end the week on a sour note amid rising speculation. The price index declined 30.45 points in a lackluster trade to 6,662.11 points as the boards remained mixed. The KSX-15 benchmark rose 5.2 points to 1,028.73 points while the …

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Qatar has enough reserves to support banks – Central bank says reports of banking sector stress are false

DUBAI, Oct 4, (RTRS): Qatar’s government has enough reserves to support its banks in the face of sanctions imposed by other Arab states and reports of its banking system being under strain are false, its central bank governor said on Wednesday. “The government and the central bank are able to …

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Kuwait Energy sells 25% of shares in Egyptian oil field

KUWAIT CITY, Oct 4, (KUNA): Kuwait Energy announced Wednesday the official approval on its Farm-Out Agreement (FOA) for 25 percent of its shares in the Abu Sennan concession in Egypt to GlobalConnect Ltd (GlobalConnect). Kuwait Energy CEO Sara Akbar said, “We are very pleased to have the farm-out agreement finalized …

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Kuwait’s stocks rise as tech shares lead – Ooredoo dives 20 fils; Nafais soars

KUWAIT CITY, Oct 4: Kuwait stocks ticked higher on Wednesday as blue-chips continued to see buying following last week’s upgrade of Boursa Kuwait to secondary emerging market status. The main index climbed 27.74 pts to close at 6,692.56 pts. The KSX-15 index rose 2.22 pts to 1,023.53 pts. The weighted …

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