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Zain Group refinances US$700 million revolving credit facility

  Bader Al-Kharafi: “The closing of this revolving facility exemplifies the trust placed in Zain Group’s digital transformation strategy by the regional and international banking community.” Oversubscribed transaction refinances a US$800…

Ahmadi governorate celebrate charity organizations

KUWAIT: The Ahmadi governorate launched its campaign Kisaat Watan (Story of our Land), to celebrate charity organizations that have made Kuwait a beacon of love and hope for all mankind.…

Lula launches presidential candidacy from behind bars

SAO PAULO: Even behind bars, Brazil’s Luiz Inacio Lula da Silva will secure his leftist party’s nomination and continue to overshadow more likely candidates in the country’s most unpredictable presidential…

Stokes treble sees England to thrilling win over India

BIRMINGHAM: Ben Stokes took three wickets yesterday, including the prize scalp of India captain Virat Kohli, as England won the first Test by 31 runs in a thrilling finish at…

Ghanem: Israeli Jewish state law demands strong rebuttal

CAIRO: The Israeli Knesset’s approval of the “Jewish nation-state” law requires a strong Arab rebuttal to save the Palestinian cause from its current dire situation, said Kuwaiti National Assembly Speaker…

Trump slams ‘perhaps illegal’ Cohen taping

WASHINGTON: US President Donald Trump yesterday slammed his ex-lawyer Michael Cohen, saying he may have acted illegally in secretly taping their discussion about payments to a former Playboy model over…

Manila mandates $10K deposit for each recruitment agency

KUWAIT: Despite signing a memorandum of agreement between the governments of Kuwait and the Philippines in May, a new problem has arisen on recruiting domestic workers from the Philippines, said…

Higher Education Ministry reports 40 forged diplomas to Public Prosecution

KUWAIT: Minister of Higher Education Dr Hamed Al-Azmi announced yesterday that the ministry filed over 40 reports of suspected forged diplomas and turned them to the Public Prosecution to complete…

Impossible to divide expenses between citizens, expats: Minister

KUWAIT: Finance Minister Dr Nayef Al-Hajraf stressed that state budget expenses cannot be divided into expenses on citizens and expatriates because state budgets are allocated for spending on various public…

S&P affirms Kuwait’s AA sovereign credit rating

KUWAIT: Standard and Poor’s affirmed Friday Kuwait’s (AA/A-1+) long and short-term foreign and local currency sovereign credit ratings, with stable economic outlook. The credit rating agency, in a statement on…

Dust storm hits Kuwait

KUWAIT: Kuwait was hit by a heavy dust storm yesterday, caused by strong winds with speeds exceeding 70 kilometers per hour. The strong winds resulted from the Indian monsoon season…

Diving ships reach Khairan despite dusty weather

KUWAIT: As part of the activities of the 30th Pearl Diving Expedition organized by Kuwait Sea Sports Club, participants already started diving Friday morning at the diving area in Khairan.…

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