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Greece Finance Minister out – Eurozone weighs cost of ‘No’ vote

Posted by on 06/07/2015
Filed under Business

Greece Finance Minister out – Eurozone weighs cost of ‘No’ vote

Greece Finance Minister out – Eurozone weighs cost of ‘No’ vote

ATHENS: Greece’s Prime Minister Alexis Tsipras yesterday sacrificed his finance minister in a gesture aimed at placating eurozone creditors, which must now decide whether to loan more money to the debtwracked country or prepare for a “Grexit”. A day after the Greeks said a resounding “No” to further austerity measures in return for bailout funds […]

Tetley Tea launches exciting new blends for tea lovers

Posted by on 06/07/2015
Filed under Business

Tetley Tea launches exciting new blends for tea lovers

Tetley Tea launches exciting new blends for tea lovers

KUWAIT: Tetley, the 2nd biggest tea brand globally and Great Britain’s favorite tea, announced yesterday the launch of its all new products across Kuwait. The company offers tea lovers four new and different blends; Black tea with Mint, Black Decaf, Black mixed with Green and the all new rebranded; Tetley Golden. Tetley Tea has a […]

Avaya Scopia helps businesses in Kuwait with free virtual meetings

Posted by on 06/07/2015
Filed under Business, Technology

Avaya Scopia helps businesses in Kuwait with free virtual meetings

Avaya Scopia helps businesses in Kuwait with free virtual meetings

KUWAIT: To enable businesses in Kuwait to effortlessly engage and sustain productivity levels during the hot summer season in the country, Avaya, a leading provider of solutions that enable customer and team engagement across multiple channels and devices, has thrown-open its cloudbased video conferencing solution to any business in Kuwait to “beat the heat”. At […]

Kuwait inflation at 3.3% in May – NBK ECONOMIC UPDATE

Posted by on 06/07/2015
Filed under Business

Kuwait inflation at 3.3% in May – NBK ECONOMIC UPDATE

Kuwait inflation at 3.3% in May – NBK ECONOMIC UPDATE

KUWAIT: Inflation in the consumer price index (CPI) inched down from 3.4 percent year-on-year (y/y) in April to 3.3 percent y/y in May, amid a slowdown or stabilization across all components, with the exception of healthcare and local food inflation. Local food inflation climbed at a gradual pace for the third consecutive month, but remains […]

KIA earns best-ever rank in 2015 JD Power IQS

Posted by on 06/07/2015
Filed under Business

KIA earns best-ever rank in 2015 JD Power IQS

KIA earns best-ever rank in 2015 JD Power IQS

KUWAIT: National Agencies Group, the authorized distributor for KIA Motors in Kuwait and a subsidiary of Abdulaziz Al-Ali Al- Mutawa Group of Companies, has announced that KIA Motors has reached another historic milestone when JD Power recognized the brand as the second-highest scoring nameplate industry-wide in its 2015 Initial Quality Study (IQS). KIA’s IQS score […]

Jazeera Airways reports growth in flown passengers

Posted by on 06/07/2015
Filed under Business

Jazeera Airways reports growth in flown passengers

Jazeera Airways reports growth in flown passengers

KUWAIT: Jazeera Airways released its May 2015 Operational Performance Report, which showed an 11 percent increase in total flown passengers from May 2014. The 11 percent increase of flown passengers in May follows consecutive increases in March 2015, and April 2015, which were up 3 percent and 14 percent respectively from same respective months last […]

Greeks vote for ‘destiny’ in poll – Referendum result could put euro future in doubt

Posted by on 05/07/2015
Filed under Business, Europe, Top Stories, World

Greeks vote for ‘destiny’ in poll – Referendum result could put euro future in doubt

Greeks vote for ‘destiny’ in poll – Referendum result could put euro future in doubt

Greeks vote ‘caught between lion, wolf’

Posted by on 05/07/2015
Filed under Business, Europe, World

Greeks vote ‘caught between lion, wolf’

Greeks vote ‘caught between lion, wolf’

ATHENS: Beleaguered Greeks headed to the polls yesterday to choose between “being devoured by a lion or a wolf” in a bailout referendum many see as an impossible decision with unknown consequences for their crisiswracked country. Voting ‘No’ means rejecting an austerity-heavy bailout deal from Greece’s international creditors. But it could also see the country […]

Greek FM accuses creditors of ‘terrorism’ – Germany’s Schaeuble says Greece might lose euro ‘temporarily’

Posted by on 04/07/2015
Filed under Business, Europe, Top Stories, World

Greek FM accuses creditors of ‘terrorism’ – Germany’s Schaeuble says Greece might lose euro ‘temporarily’

Greek FM accuses creditors of ‘terrorism’ – Germany’s Schaeuble says Greece might lose euro ‘temporarily’

Kuwait stock indices continue to slide – BAYAN WEEKLY MARKET REPORT

Posted by on 04/07/2015
Filed under Business

Kuwait stock indices continue to slide – BAYAN WEEKLY MARKET REPORT

Kuwait stock indices continue to slide – BAYAN WEEKLY MARKET REPORT

KUWAIT: Kuwait Stock Exchange (KSE) ended last week in the red zone. The Price Index closed at 6,181.89 points, down by 0.48 percent from the week before closing, the Weighted Index decreased by 0.76 percent after closing at 418.92 points, whereas the KSX-15 Index closed at 1,018.06 points down by 0.56 percent. Furthermore, last week’s […]

Gulf Pearl Trading Livestock Co unveils five-year plan – Company supplies over 35% of Australian sheep in Kuwait

Posted by on 04/07/2015
Filed under Business

Gulf Pearl Trading Livestock Co unveils five-year plan – Company supplies over 35% of Australian sheep in Kuwait

Gulf Pearl Trading Livestock Co unveils five-year plan – Company supplies over 35% of Australian sheep in Kuwait

KUWAIT: The Gulf Pearl Trading Livestock Company, one of the central Kuwaiti companies specializing in livestock trade announced at a press conference at the Movenpick Hotel the launch of future plans in the upcoming five years aimed at strengthening the company’s role in food security. The conference also revealed the standards required in the local […]

AbdulmohsenAbdulaziz Al-Babtain launches New Infiniti Q70 in Kuwait – Featuring a new design, improved ride comfort and intelligent safety technologies

Posted by on 04/07/2015
Filed under Business

AbdulmohsenAbdulaziz Al-Babtain launches New Infiniti Q70 in Kuwait – Featuring a new design, improved ride comfort and intelligent safety technologies

AbdulmohsenAbdulaziz Al-Babtain launches New Infiniti Q70 in Kuwait – Featuring a new design, improved ride comfort and intelligent safety technologies

KUWAIT: AbdulmohsenAbdulaziz Al-Babtain, the exclusive agent of Infiniti in Kuwait announced the launch of the new Q70 sedan. With a fresh new exterior, the latest evolution of the Infiniti Q70 takes the emotion-packed character of the performance sedan up another level. The new 2016 Infiniti Q70 continues to deliver evocative design, invigorating performance, innovative technology […]