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Damas Kuwait unveils new Fope Flex’it collections – ‘Elegance, stylish technique’

Posted by on 24/11/2014
Filed under Business, Fashion

Damas Kuwait unveils new Fope Flex’it collections – ‘Elegance, stylish technique’

Damas Kuwait unveils new Fope Flex’it collections – ‘Elegance, stylish technique’

KUWAIT: A special technique in making unique, elegant and stylish jewelry design has been introduced by Damas in Kuwait. Fope, an Italian company (Vicenza) known as one of the world’s most sought-after jewelry brands, proudly applies this new technique to its new collections available now in Damas Kuwait-the Flex’it Collection, Flex’it Eka Collection, Flex’it Solo […]

Oman Air appoints country managers for Philippines, Indonesia

Posted by on 24/11/2014
Filed under Business

Oman Air appoints country managers for Philippines, Indonesia

Oman Air appoints country managers for Philippines, Indonesia

KUWAIT: Oman Air has appointed new Country Managers for each of the two new destinations it will be flying to from next month. Ritchie Tuano has been appointed as Country Manager for the Philippines, in readiness for the launch of three flights a week from Muscat to Manila on December 2nd 2014. Iman Hartono is […]

Bank Muscat appoints Najah Al-Sulaiman as head of corporate banking, Kuwait

Posted by on 23/11/2014
Filed under Business

Bank Muscat appoints Najah Al-Sulaiman as head of corporate banking, Kuwait

Bank Muscat appoints Najah Al-Sulaiman as head of corporate banking, Kuwait

KUWAIT: Bank Muscat, the flagship financial services provider in the Sultanate of Oman, has announced the appointment of Najah Al-Sulaiman as Head of Corporate Banking, Kuwait branch. She will lead the corporate banking team and work on expanding the activities and businesses as part of the bank’s strategic plan to sustain its position in the […]

Dollar rises vs Kuwaiti dinar

Posted by on 23/11/2014
Filed under Business

Dollar rises vs Kuwaiti dinar

Dollar rises vs Kuwaiti dinar

KUWAIT: The US dollar exchange climbed against the Kuwaiti dinar reaching KD 0.291 and the euro dropped to KD 0.360 yesterday compared with Thursday’s rates, the Central Bank of Kuwait (CBK) said. The sterling pound exchange rate fell to KD 0.455 and the Swiss Franc followed suit, dropping to KD 0.300. The Japanese yen remained […]

Getting ready for a digital future – Zain Technology Conference focuses on innovation and opportunities

Posted by on 23/11/2014
Filed under Business

Getting ready for a digital future – Zain Technology Conference focuses on innovation and opportunities

Getting ready for a digital future – Zain Technology Conference focuses on innovation and opportunities

ISTANBUL: Zain Group, a leading telecom innovator in eight markets across the Middle East and Africa, announces the successful completion of its fourth annual Zain Technology Conference (ZTC) that took place in Istanbul, Turkey between November 17- 19, 2014. The theme of this year’s conference was, ‘Towards an Inspiring Digital Lifestyle Experience’, and the company […]

Al-Tijaria enters in a new real estate investment in Norway

Posted by on 23/11/2014
Filed under Business

Al-Tijaria enters in a new real estate investment in Norway

Al-Tijaria enters in a new real estate investment in Norway

KUWAIT: Abdulfatah Marafie, Chairman of the Commercial Real Estate Company ‘Al-Tijaria’ has stated that the company has entered in a new real estate investment in Oslo, Kingdom of Norway for KD3.9 million with a share of 49.64 percent in alliance with a group of investors and in cooperation with ‘Arzan Wealth’ as a consultant for […]

China, Europe chase growth amid slowdown – Frantic moves highlight increasing divide in global economy

Posted by on 22/11/2014
Filed under Business, Top Stories

China, Europe chase growth amid slowdown – Frantic moves highlight increasing divide in global economy

China, Europe chase growth amid slowdown – Frantic moves highlight increasing divide in global economy

BEIJING: China’s central bank unexpectedly slashed interest rates on Friday to re-energize the world’s No 2 economy, joining a growing list of major economies that are trying to encourage growth in the face of a global slowdown. The president of the European Central Bank said Friday he was ready to step up stimulus for the […]

Surveys sound warning bells for global economy

Posted by on 20/11/2014
Filed under Business

Surveys sound warning bells for global economy

Surveys sound warning bells for global economy

  LONDON/BEIJING: Surveys sounded warning bells for the global economy yesterday as euro-zone businesses grew less quickly than any forecaster expected and China’s factories lost momentum. The downbeat data, alongside evidence of further price-cutting, will add to calls for more policy action from the European Central Bank, while the first drop in Chinese manufacturing output […]

CBK appoints Mahfouz as CEO

Posted by on 20/11/2014
Filed under Business

CBK appoints Mahfouz as CEO

CBK appoints Mahfouz as CEO

KUWAIT: Kuwait’s Central Bank has approved the appointment of Elham Yousri Mahfouz as chief executive officer of Commercial Bank of Kuwait, the Kuwait Stock Exchange said in a message on its website yesterday. The bank announced in April that it would convert into an Islamic bank. — Reuters 00   

War-ravaged industrial zone in Syria hopes for new life – Aleppo’s industrial powerhouse lies in ruins

Posted by on 20/11/2014
Filed under Business, Middle East, Top Stories, World

War-ravaged industrial zone in Syria hopes for new life – Aleppo’s industrial powerhouse lies in ruins

War-ravaged industrial zone in Syria hopes for new life – Aleppo’s industrial powerhouse lies in ruins

ALEPPO, Syria: Once touted to become the biggest industrial zone in the Middle East, Sheikh Najjar near the ravaged Syrian city of Aleppo is now simply hoping for a second chance. Most of its buildings have been reduced to carcassesdestroyed, burned and pillaged during the past two years of fighting in Syria’s former industrial powerhouse. […]

Al-Muzaini Exchange Company to open its 63rd branch in Khaitan

Posted by on 19/11/2014
Filed under Business

Al-Muzaini Exchange Company to open its 63rd branch in Khaitan

Al-Muzaini Exchange Company to open its 63rd branch in Khaitan

KUWAIT: With the objective to meet the expanding needs of its customers, Al-Muzaini Exchange Co, Kuwait’s leading Exchange and Remittance Company, announces the launch of its 63rd branch on Thursday, November 20, from 5pm – 8 pm. The branch, which is located in Khaitan, will officially be inaugurated by Al-Muzaini’s Deputy General Manager, Ali Al-Fajhan […]

Jazeera Airways official carrier of Nuqat Creative Conference

Posted by on 19/11/2014
Filed under Business

Jazeera Airways official carrier of Nuqat Creative Conference

Jazeera Airways official carrier of Nuqat Creative Conference

KUWAIT: Jazeera Airways, a Kuwait-based airline serving the Middle East with the highest on-time performance, yesterday announced it has partnered with Nuqat, a pioneer cultural organizer in the Arab world, as the official carrier of this year’s Nuqat Creative Conference which launched this week under the theme of “The Missing Link: Practicing the Collective Approach.” […]

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