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Fajr
05:02
Friday
22
March 2019

Fajr
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05:02
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06:21
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12:29
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15:55
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Markets

2,628.74 -0.57%
Volume
95,563,618
Turnover
-0.57%
Trades
2,267
8
Up
4
Flat
23
Down
Traded stocks 35
5,127.45 0.57%
Volume
53,708,461
Turnover
0.57%
Trades
1,691
9
Up
8
Flat
12
Down
Traded stocks 29
Most active
Misk
4.3
Alaab
13.69
Sudatel
0.39
Al Salam
0.35
Ameeco
0.68
Khaleeg
0.16
Athmar
0.19
Karbala
0.85
Tomoor
1.05
Babel
64.5
Baghdad
0.24
Hilal
0.39
Aoset
0.11
Baghdad
0.24
Hilal
0.39
Tomoor
1.05

Arab Times


21/03/2019

Serial rapist assaults Pakistani teen in new incident

KUWAIT CITY, March 21: A policeman who earlier abducted and raped three children is said to have allegedly raped his new victim, reports Al-Rai daily. Intensive investigations conducted by detectives from the Criminal Investigations Department revealed that the rapist played the same game with a 13-year-old Pakistani boy. A police source said the boy recognized the policeman during a legal lineup.
21/03/2019

River ferry sinks in Tigris near Iraq’s Mosul, killing 83

MOSUL, Iraq (AP) – A ferry overloaded with people celebrating the Kurdish new year and Mother’s Day capsized in the Tigris River near the Iraqi city of Mosul on Thursday, killing at least 83 people, including families, officials said. Many of the dead were women and children who could be seen struggling to swim against a strong current, their heads bobbing in the water opposite restaurants and an amusement park where people had been celebrating minutes earlier. The death toll from the accident, which residents said was the worst in recent memory, was expected to rise as people waited on...
21/03/2019

Al-Karakh, Al-Sadaka off to good start

In the opening matches of the 21st Asian Men’s Club League Handball Championship, which is happening at Al-Kuwait Sports Club, Iraq’s Al-Karakh defeated Club India 50-17, giving the Iraqi side two points in Group 3. In Group A, Kuwaiti keeper Hassan Hassan Sofor was the hero as Al-Sadaka from Lebanon beat the Chinese Dragons 28-21. The second day activities will witness Al-Kuwait take on Club India in Group C at 6:15 pm, while Kazma lock horns with Sharjah Club at 8:15 pm in Group D. The two Kuwaiti matches will be preceded by three other matches; the first one is...

21/03/2019

Q8 voted Best Fuel brand 2019 in Belgium

BRUSSELS, March 20, (KUNA): Q8, the trademark brand for Kuwait Petroleum International’s fuel stations in Europe, has won the award for Best Fuel brand at the Best Brands Awards 2019 held in Brussels. According to a Q8 press release received by the Kuwait News Agency (KUNA), Tuesday, the prize has been awarded based on consumer opinion from 5,000 Belgian families, who were asked about brand perception and the economic success of a brand. Q8 was joined by other well known ‘Best Brand’ winners this year, an impressive list that included IKEA, KBC, Volkswagen, Proximus and Coca- Cola. The ‘Best Brand...
21/03/2019

‘Building permits of 18,519 units will not be granted by April end’

PAHW denies withdrawing 2nd contract KUWAIT CITY, March 20: Public Authority for Housing Welfare (PAHW) has denied the rumor circulating on social media that the second contract for Al-Mutla City has been withdrawn from the contractor, reports Al-Anba daily quoting informed sources. They clarified that the contract is related to the construction, completion and maintenance of road and infrastructure networks for 18,519 housing units in eight residential neighborhoods. The sources revealed that the last meeting of PAHW on the second contract was on Thursday to clarify the actual number of workers and equipment operating on the project site, adding that...
21/03/2019

‘KAC achieves $1.087 bn in revenues for 2018’

‘Blue Bird’ transferred 4.5m in ’18 KUWAIT CITY, March 20, (KUNA): Overall revenues of Kuwait Airways Corporation (KAC) in 2018 were estimated at KD 330 million ($1.087 billion), said Chairman Youssef Al-Jassem on Wednesday. The figure is up in comparison to the KD 298 million ($981 million) in 2017, noted Al-Jassem in a speech marking the 65th anniversary of establishing the national carrier. He added that revenues of Q1 this year reached KD 76.9 million ($253 million) compared to the same period last year of KD 73.1 million ($240 million). “Consistent government support has significantly contributed in achieving this qualitative...

21/03/2019

Fake old currency

KUWAIT CITY, March 20: The Central Bank’s administration has referred a Kuwaiti to the of Criminal Investigation General Department on charges of counterfeiting currency, reports Al-Anba daily. This happened when the suspect went to the bank to exchange KD 400 (the denomination of the notes is not known) old bank notes with the new notes. However, when he was informed that the time set by the state to replace the old currency had ended, the citizen insisted that the currency in his possession should be changed.
20/03/2019

UK police arrest jeweler Modi

Diamond tycoon Nirav Modi, whose jewels once adorned stars from Bollywood to Hollywood, was arrested in London Tuesday, more than a year after Indian authorities alleged he was involved in a $1.8 billion bank fraud. Modi, 48, was detained in central London and remained in custody overnight, the Metropolitan Police Service said. He is due to appear at London’s Westminster Magistrates’ Court for a bail hearing later Wednesday. Indian authorities have sought Modi’s arrest since February 2018, when they alleged companies he controlled defrauded the state-owned Punjab National Bank by using fake financial documents to get loans to buy and...
20/03/2019

May asks EU to delay Brexit until ‘June 30’

LONDON, March 20, (AP): UK Prime Minister Theresa May formally asked the European Union on Wednesday to postpone Britain’s departure from the bloc – due in nine days – until June 30. But a frustrated EU has warned it could keep Britain waiting for an answer. In a letter to European Council President Donald Tusk, May said the Brexit process “clearly will not be completed before 29 March, 2019” – the date fixed in law two years ago for Britain’s departure. She asked for a delay until June 30, and said she wanted to set out her reasons to EU...

19/03/2019

Afghan singer Aryana Sayeed comes home for women

Star braves threats Each time Aryana Sayeed, one of Afghanistan’s most famous singers, returns to the country of her birth, she braves threats and endures scrutiny right down to her choice of clothes. Still, she returns often, as much to encourage women in a restrictive country as to share her music, a mix of pop and traditional songs. “It’s really hard for me as a female singer to carry on with my work in Afghanistan with the type of pressure that I have on my mind, the threats that I get on a regular basis, the attacks on social media,”...
19/03/2019

A shimmering fashion night in Dubai

Dior shows its haute couture to Mideast fashionistas DUBAI, United Arab Emirates, March 19, (AP): Under a large circus-style tent, Dior showcased its latest haute couture collection to a crowd of Mideast-based fashionistas, social media figures, celebrities, buyers, designers and editors Monday night. It was the first show in Dubai for the French fashion house, which initially presented its spring-summer 2019 haute couture collection in Paris in January. The presentation in Dubai, however, also included 15 entirely new creations unveiled especially for the show’s design conscious Arab Gulf-based audience. Dubai’s exuberant displays of luxury and the city’s surreal, futuristic-looking skyline...
19/03/2019

Malaysia calls on Kuwait to double investments due to economic crisis

KUALA LUMPUR, March 19, (KUNA): Malaysian Prime Minister Mahathir Mohamad called on Kuwait to double investments on Tuesday, hoping it will aid his country to overcome its economic crisis since the transfer of power to the new government. During a meeting with Kuwaiti Ambassador to Malaysia Saad Al- Asousi, in Putrajaya, Malaysia, the ambassador told KUNA that the Malaysian prime minister emphasized the importance of putting a previously signed bilateral agreement in place. Hailing the role of Kuwaiti companies in Malaysian markets and Malaysian companies in Kuwaiti markets, Mohamad is eager to continue international and regional bilateral cooperation. The prime...