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Kuwait eyes private investment in $36bn projects

KUWAIT: Kuwait will invite private investors, including foreigners, to take part over the next two years in nine infrastructure projects worth about $36 billion, under a new law designed to…

Gulf banks’ profits set to slide over low oil: S&P

DUBAI: Net earnings of Gulf banks are expected to slide as government spending slows due to a dive in oil revenues, the Standard and Poor’s ratings agency said yesterday. Growth…

As oil slips, Saudi faces change – $656bn in currency reserves will help kingdom avoid shift in lifestyles, policies

Pakistan thumps Zimbabwe by 131 runs in 1st ODI

HARARE: Legspinner Yasir Shah took 6-26 as Pakistan thumped Zimbabwe by 131 runs in the first one-day international yesterday. Shah ran through Zimbabwe’s top and middle order, taking five of…

Brilliant Konta stuns Halep as shocks roll in Wuhan

WUHAN: Britain’s Johanna Konta pulled off a stunning third-set revival on Wednesday as she floored top seed Simona Halep in the biggest upset yet at the shock-prone Wuhan Open. As…

‘Sleeping giant’ India in deep slumber

MUMBAI: India’s glitzy super league returns this weekend, but a struggling national team and insufficient facilities in the cricket-mad country means the “sleeping giant” of world football is unlikely to…

Record-man Ronaldo turns focus on Madrid derby

MADRID: Cristiano Ronaldo immediately turned his thoughts to Sunday’s La Liga derby at Atletico Madrid after his Champions League double on Wednesday drew him level with Raul as Real Madrid’s…

2nd Oct

Daily E-Paper Friday Times…

Most firms involved in visa trading remain unpunished; Visa trafficker arrested – Govt accused of being selective

KUWAIT: Authorities yesterday ordered the arrest of a key visa trafficker who recruited 1,500 expatriates on fake work permits for KD 1,500 each, but a lawmaker charged that only a…

US finds KAC discriminates against Israelis

WASHINGTON: In a challenge to boycotts of Israel, the US government has found that Kuwait Airways unlawfully discriminated against a passenger traveling on an Israeli passport by refusing to sell…

Subsidized fish proposal rejected

KUWAIT: A state official in a department concerned with resolving the problem of high zubaidi (silver pomfret) prices made a verbal proposal to a high ranking official at the Ministry…

Expat teachers placed on ‘rewards system’

KUWAIT: Education Ministry Undersecretary Dr Haitham Al-Athari formed a committee chaired by Assistant Undersecretary for General Education Fatima Al-Kandari to discuss applications of several expatriate employees sent for retirement to…