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Arab Times

40 pct of energy subsidies for oil products benefit the rich: OAPEC – IMF estimates show volume of energy subsidies amounted to $278.8 bln

KUWAIT CITY, March 20, (KUNA): High income citizens in OAPEC’s member states benefit by a proportion of 40 percent from subsidies for oil products, the …

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Kuwait bourse inches lower in soggy trade – NBK dips 30 fils; KIPCO flat

KUWAIT CITY, March 20: Kuwait stocks inched lower on Sunday after eking modest gains in the previous week. The bourse eased 2.95 points lower in …

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‘Bandit’ a gently probing docu – ‘Alchemist Cookbook’ conventional horror movie

LOS ANGELES, March 19, (RTRS): You don’t have to dig too deep beneath its fan-pleasing veneer of nostalgic celebration to discern an intriguingly serious subtext …

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‘Batman v Superman’ clash for justice – Film yields unlikely female hero

LOS ANGELES, March 19, (Agencies): Superheroes have long existed in a world of their own, but as two iconic caped heroes battle in “Batman v …

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Penn, Allen, Nichols films set for Cannes Film Fest – De Niro, Foster to attend Tribeca ‘Taxi’ screening

LOS ANGELES, Marcxh 19, (RTRS): It’s shaping up to be a strong year for American filmmakers at the Cannes Film Festival, with Sean Penn’s “The …

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UK singer to headline fest – ‘Concert surprise’

LOS ANGELES, March 19, (Agencies): Adele will headline this year’s Glastonbury Festival, the singer announced at a London concert Friday night. “Don’t tell anyone I …

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NBK holds AGM, OKs 30 fils cash dividend – 2015 saw remarkable growth for bank: Al Sayer

KUWAIT CITY, March 19: National Bank of Kuwait (NBK) held its annual General Assembly meeting on 19th March at the bank’s headquarters. NBK reported net …

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Al-Dawli wins Commerzbank’s Award for 2015 – A new triumph that proves KIB’s leading position in industry

KUWAIT CITY, March 19: Once again, Kuwait International Bank affirms its leading position in the Islamic banking industry by winning the Commerzbank’s Quality Award for …

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Kuwait bourse closes trading in red during week – Volume decreases by 23.42% to average 152.14 million shares

Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 5,262.07 points, down by 0.43% from the week before …

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Time to act as deficit soars and oil revenues decrease – Kuwait urged to implement reforms

  “IT is time to act because the deficit is increasing due to decreasing oil revenues” — This is the message or rather the warning …

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