Tuesday , October 17 2017

Arab Times

Kuwait bourse climbs amid moderate buying – NAPESCO up 20 fils; Zain flat

KUWAIT CITY, Oct 5: Kuwait stocks pulled higher on Monday, stemming the four-day retreat. The bourse climbed 19.55 points to 5,727.32 helped by moderate buying in banks and select counters. The market mood was cautious in absence of fresh catalysts even as oil prices eked slight gains. The KSX 15 …

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Moody’s assigns Baa1 to NBK’s Tier 2 bonds – Assigned rating first time in Kuwait and GCC

KUWAIT CITY, Oct 5: Moody’s Investors Service assigned a provisional Baa1 long-term local-currency rating to National Bank of Kuwait’s (NBK) planned issuance of Kuwaiti dinar-denominated subordinated bonds with contractual point of nonviability (PONV) loss absorption features for the first time in Kuwait and the GCC. NBK is considering issuing Kuwaiti …

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Tax from firms KD 1b

KUWAIT CITY, Oct 5, (KUNA): Finance Undersecretary Khalifa Hamadah said taxes levied by the State from companies operating in the country ranges between KD 800 million and KD one billion annually, according to the new taxes law. The Ministry will be handed the new taxes draft law from the International …

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No compromises on our national security

Ahmed Al-Jarallah – Editor-in-Chief, the Arab Times NATIONAL security knows no compromises, and there will be no middle ground for this or that group- amid the two options of either sustaining national security or slip into chaos. We have seen the most democratic country in the world suspend human rights …

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Mathematics is not just for nerds – Child’s interest in a subject can be evoked

Are you terrified of numbers? Well, then maybe you have been introduced to math the wrong way, says Alek Zikic, Mathematics Coordinator at the British School of Kuwait. In this interview, this unassuming mathematician destroys many prevailing math myths, and reveals the common-sense logic of math that’s not only alluring …

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‘Hold on tight to unity rope’ – ‘Respect others to gain respect’

Yusuf Awadh Al-Azmi Far from the common historic views that can be quickly retrieved by a click on the Internet search engine, where you can choose to view in brief or in detail; far from preaching patriotism and secretly drinking sectarianism; far from words that cause destruction and not the …

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Bahrain lifts meat subsidies as oil bites

Move to save money as low oil prices hit state finances MANAMA, Oct 3, (RTRS): Bahrain more than doubled the prices of beef and chicken removing meat subsidies in a politically sensitive move designed to save money as low oil prices slash the government’s revenues. Like other Gulf oil-exporting states, …

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Five-goal Aguero fires Man City top – Mane, slick Southampton deepen Chelsea gloom

MANCHESTER, United Kingdom, Oct 3, (AFP): Sergio Aguero turned in a remarkable goal-scoring performance by netting five times in 20 minutes as Manchester City came from behind to rout Newcastle United 6-1 on Saturday. Only four other players in post-1992 Premier League history — Andrew Cole, Alan Shearer, Jermain Defoe …

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Blatter’s survival in doubt after sponsor’s resignation call – ‘FIFA’s reputation deteriorating’

LAUSANNE, Oct 3, (AFP): After powerful FIFA sponsors demanded his immediate resignation, a key question surrounded Sepp Blatter on Saturday: can the sleaze-tainted president of world football’s governing body survive until his planned departure in February? Coca-Cola, McDonald’s, Visa and Budweiser in separate statements Friday called for Blatter to go, …

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Al-Bader wins gold medal in 200m breaststroke in Bangkok

KUALA LUMPUR, Oct 3, (KUNA): A Kuwaiti swimmer won a gold medal Saturday in the 200m breaststroke event of the 8th Asian Age Group Championships, currently held in Bangkok, Thailand with participation of 31 countries. In the tourney’s third day, swimmer Ahmad Al-Bader ended the competition, 18 year-old and above …

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