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Myanmar takes historic step with new president – Suu Kyi aide Kyaw takes over in transition to democracy

China, Syria advance in World Cup qualifying

HONG KONG: China joined Asian heavyweights Australia and Japan in the next round of World Cup qualifying after stunning Qatar 2-0 in their last Group C match in Xi’an on…

Germany wins 4-1, beats Italy, for 1st time in over 20 years

MUNICH: Mario Goetze scored on his international comeback to help Germany beat Italy for the first time in more than 20 years, a 4-1 drubbing in their friendly on Tuesday.…

Roy steers England into World T20 final

Kuwait trap team wins gold at Arab Shooting Championship

KUWAIT: Kuwait’s double trap team won the gold medal, while Hamad Al- Afasi won the individual double trap competition during the 12th Arab Shooting Championship being held in Cairo. Egypt’s…

Alsalam crowned local handicapped champions

KUWAIT: Alsalam mentally challenged basketball team was crowned champions after beating Al- Ittihad 23-13 in the final match Tuesday evening during the second local handicapped championship. Al-Taawon finished in third…

KIPCO on track to double its profit by 2018

KUWAIT: At its annual Investors’ Forum, KIPCO – the Kuwait Projects Company – said that while 2016’s difficult trading conditions are expected to result in revenue growth in the high…

Global reports KD16.4 million revenues in 2015 – Company posts KD6.6 million net profit, proposes 5% cash dividend

KUWAIT: Global Investment House (“Global” or the “Company”), a regional asset management & investment banking firm headquartered in Kuwait, with offices in major capital markets in the MENA region, yesterday…

NBK increases its capital by 6.5% – Bank to maintain healthy capitalization on Basel 3 rules

KUWAIT: National Bank of Kuwait’s (NBK) board of directors has agreed to increase the bank’s capital through a 6.5 percent rights issue. The bank will issue 343.96 million shares at…

Infiniti Al-Babtain conducts Infiniti Kuwait national sales competition

KUWAIT: Abdulmohsen Abdulaziz Al-Babtain Co (AABC), the authorised distributor of Infiniti in the State of Kuwait, conducted the 2015 Infiniti National Sales Competition. The competition pitted the skills and knowledge…

Apple still clueless on how FBI hacked iPhone without help – Complicates Apple’s job repairing software flaws

President Htin Kyaw