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Iran currency sinks as US sanctions loom

Tehran woos local investors with price and tax incentives DUBAI: Iran’s currency plunged to another record low on Sunday, dropping past 100,000 rials to the US dollar as Iranians brace…

Global economy likely to continue rewarding stock-tilted portfolios

Barclays announces findings of its Q3 2018 Compass Report Kuwait: Barclays announced yesterday the findings of its Q3 2018 Compass Report, which outlines the Private Bank’s tactical recommendations on portfolio…

Behold the Amazonian eco-warrior drag queen

Bare chested, wearing an ankle-length dress, painted yellow, green and red, with flowers or leaves in his hair, it takes Brazil’s Emerson Munduruku two hours to transform into Uyra Sodoma,…

‘Nico, 1988’: Movie for muse who couldn’t shake her fame

At her 1960s peak, the German vocalist Nico was “Lou Reed’s femme fatale,” a glamorous superstar whose name was plastered across one of the most influential records of all time.…

Rabada and Shamsi set up South Africa’s big win in one-day clash

Some consolation as South Africa hammer Sri Lanka DAMBULLA: Bowlers Kagiso Rabada and Tabraiz Shamsi starred yesterday in South Africa’s five-wicket hammering of Sri Lanka in the first one-day international,…

Rooney scores; DC wins on a late own goal 2-1

Second-half outburst lifts Toronto past Chicago WASHINGTON: DC United took advantage of an own goal in the 90th minute to earn a 2-1 victory over the visiting Colorado Rapids at…

Qatar World Cup bid ‘used a secret black operations’

LONDON: Qatar’s successful, controversy-plagued bid to host the 2022 World Cup has been hit by further allegations that they used a secret “black operations” propaganda campaign to undermine rival bids…

Nation State

30th Jul

Daily E- Paper – Kuwait Times…

Capital expenditure, non-oil revenue rise, deficit narrows

Total expenditure down 3.3% – Wages, subsidies account for 73% of all expenditure KUWAIT: The ministry of finance yesterday announced Kuwait’s closing accounts for the fiscal year ending March 31,…

New rules for working women

KUWAIT: The manpower authority issued administrative decision number 552 to organize women’s work at night, which limits allowed activities to hotels, pharmacies, medical labs, healthcare providers, law firms, amusement parks,…

Kuwaitis attack Sri Lankan customs officers over dog

COLOMBO: Sri Lankan police Friday arrested a Kuwaiti couple accused of assaults which left five customs officers in hospital after they tried to stop the tourists smuggling a pet dog,…