Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

Home » Archives by category » Business

Movenpick Hotel launches ‘Indian Wedding Festival’ – Hotel rooms grew 16%; guests recorded increase of 4% only

Posted by on 20/08/2014
Filed under Business

Movenpick Hotel launches ‘Indian Wedding Festival’ – Hotel rooms grew 16%; guests recorded increase of 4% only

Movenpick Hotel launches ‘Indian Wedding Festival’ – Hotel rooms grew 16%; guests recorded increase of 4% only

KUWAIT: Movenpick Hotel offers the best wedding packages for new Indian couples in Kuwait. Movenpick Hotel Kuwait (Free Trade Zone) will next week launch its ‘Indian Wedding Festival’, a promotion to encourage Indian couples to use their facilities. “A magical Indian wedding awaits couples if they choose to celebrate the most unforgettable day of their […]

StanChart fined $300m over laundering – Sanctions will hit bank’s reputation: Analysts

Posted by on 20/08/2014
Filed under Business

StanChart fined $300m over laundering – Sanctions will hit bank’s reputation: Analysts

StanChart fined $300m over laundering – Sanctions will hit bank’s reputation: Analysts

NEW YORK: New York state’s banking regulator Tuesday hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business for failing to detect possible money-laundering. The New York Department of Financial Services (DFS) said the British bank’s internal compliance systems had failed to detect or act on a large number of […]

Banks lift Saudi to 6-year high – Oman’s Renaissance surges on investment in unit

Posted by on 20/08/2014
Filed under Business

Banks lift Saudi to 6-year high – Oman’s Renaissance surges on investment in unit

Banks lift Saudi to 6-year high – Oman’s Renaissance surges on investment in unit

DUBAI: Banks led Saudi Arabia’s stock index to a new six-year peak as trading volumes increased yesterday, while Egypt also extended gains. But other Gulf markets were subdued as a summer lull deepened. The Saudi measure rose 0.5 percent to 10,716 points, its highest finish since January 2008. Nearly 270 million shares changed hands, a […]

Sicilian hilltop houses on sale for one euro – ‘You couldn’t buy parking space in Australia for this price’

Posted by on 20/08/2014
Filed under Business, Europe, Top Stories, World

Sicilian hilltop houses on sale for one euro – ‘You couldn’t buy parking space in Australia for this price’

Sicilian hilltop houses on sale for one euro – ‘You couldn’t buy parking space in Australia for this price’

GANGI: It’s an offer you can’t refuse: rustic abodes in a picturesque hilltop village on the island of Sicily, once home to Italian peasants and their donkeys, are up for sale for just one euro. Hewn into the Madonie mountains and dotted throughout the town of Gangi, the houses were left empty after their owners […]

NBK’s Board elects Nasser Al-Sayer as Chairman – Ghassan Al-Khalid is elected Vice Chairman

Posted by on 19/08/2014
Filed under Business

NBK’s Board elects Nasser Al-Sayer as Chairman – Ghassan Al-Khalid is elected Vice Chairman

NBK’s Board elects Nasser Al-Sayer as Chairman – Ghassan Al-Khalid is elected Vice Chairman

KUWAIT: In its meeting held yesterday, the Board of Directors of National Bank of Kuwait (NBK) elected Nasser Musaed Al- Sayer as the Chairman of NBK Group following the demise of the long-serving Chairman Mohammad Abdul Rahman Al- Bahar. The Board also elected Ghassan Ahmed Saoud Al-Khalid as the Vice Chairman. The Reserve Member Emad […]

Kuwait’s FM sector set for huge growth

Posted by on 19/08/2014
Filed under Business

Kuwait’s FM sector set for huge growth

Kuwait’s FM sector set for huge growth

KUWAIT: The raft of new building projects in Kuwait will drive the expansion of the facilities management (FM) sector in the country as owners demand higher service levels to match their investment, according to observers. FM allows building owners to allocate all of their maintenance, cleaning and security services to one management company. Kuwait is […]

New BMW X4 Sports Activity Coupe expands range in Kuwait

Posted by on 19/08/2014
Filed under Business

New BMW X4 Sports Activity Coupe expands range in Kuwait

New BMW X4 Sports Activity Coupe expands range in Kuwait

KUWAIT: Fifteen years ago the automotive landscape changed when BMW introduced the Sports Activity Vehicle with the launch of the X5 in 1999. What started as a single model has spawned an entire X range comprising the BMW X1, X3, X5, X5 M, X6 and X6 M variants; and now these successful models will be […]

Euro-zone exports hit by Russian crisis

Posted by on 18/08/2014
Filed under Business

Euro-zone exports hit by Russian crisis

Euro-zone exports hit by Russian crisis

BRUSSELS: Economic crisis in Russia and sluggish demand from Turkey weighed on hopes for an export-led recovery in the euro-zone in June, official data showed yesterday. Exports from the 18-nation single currency zone dipped by 0.5 percent in June compared with May to 162.2 billion euros ($217 billion), the Eurostat statistics agency said. “June’s euro-zone […]

EU lifts ban on herring imports from Faroe Isles

Posted by on 18/08/2014
Filed under Business

EU lifts ban on herring imports from Faroe Isles

EU lifts ban on herring imports from Faroe Isles

BRUSSELS: The European Union lifted its yearlong import ban on herring and mackerel from the Faroe Islands yesterday, ending a dispute over alleged over-fishing in the northern Atlantic. The decision to lift the ban from Aug. 20 was made after the Faroe Islands, a self-governed territory within the Danish Realm and not part of the […]

Lenovo enters Kuwait smartphone market with compelling portfolio – Trendsetting all-glass design S850 leads August wave

Posted by on 18/08/2014
Filed under Business

Lenovo enters Kuwait smartphone market with compelling portfolio – Trendsetting all-glass design S850 leads August wave

Lenovo enters Kuwait smartphone market with compelling portfolio – Trendsetting all-glass design S850 leads August wave

KUWAIT: Lenovo yesterday announced the launch of its smartphone portfolio for the first time in Kuwait, carefully designed to fit every style, personality and budget. Lenovo smartphones cater to top-end users, stylish trendsetters, multi-media enthusiasts, social media aficionados and conscious spender. Newly launched worldwide, the highly anticipated Vibe Z2 Pro is the hottest Lenovo smartphone […]

Emirates Airlines launches first non-stop Dubai-Chicago flight – Airline marks its ninth US route from Dubai

Posted by on 18/08/2014
Filed under Business, Top Stories, World

Emirates Airlines launches first  non-stop Dubai-Chicago flight – Airline marks its ninth US route from Dubai

Emirates Airlines launches first non-stop Dubai-Chicago flight – Airline marks its ninth US route from Dubai

CHICAGO: Emirates Airlines launched its first non-stop flight from Dubai to America’s Windy City Chicago on August 5, marking its ninth US route from where the airline operates. The Boeing carrier EK 777-200RL landed in Chicago’s O’Hare International Airport after a 14-hour flight on Tuesday, at 3:25 pm local time which was showered with a […]

KSE unfazed by trading suspension – Market gains impetus after heavyweights report results

Posted by on 17/08/2014
Filed under Business

KSE unfazed by trading suspension – Market gains impetus after heavyweights report results

KSE unfazed by trading suspension – Market gains impetus after heavyweights report results

KUWAIT: The Kuwait Stock Exchange authority’s decision to suspend trading in shares of scores of listed companies over failing to post quarterly financial results did not prevent at least two of the three main indices of the market from making gains. In separate interviews with KUNA, Kuwaiti financial analysts and traders attributed the market’s ability […]

Page 1 of 93123Next ›Last »