Kuwait Financial News

Saudi Arabia, Kuwait, and Qatar. These rights are allocated based on existing bilateral agreements.

Russia was defeated in its bid to regain a seat in the United Nations premiere human rights body by a significant majority in Tuesday's election in the General Assembly, which voted last year to suspend Moscow after its invasion of Ukraine. Russia competed against Albania and Bulgaria for two seats on the Geneva-based Human Rights Council representing the East European regional group. In the secret ballot vote, Bulgaria got 160 votes, Albania got 123 votes and Russia just 83 votes.

Shoogloo Group launches its new venture Broadband.asia in India, Singapore, UAE, Saudi Arabia, Kuwait, Bahrain, and Qatar. Broadband.asia, a one-of-a-kind online comparison website, is designed to filter, select, and compare broadband plans based on users’ preferences. By personalizing broadband plans, Broadband.asia helps consumers meet their internet demands. Users can now search for plans available in their area, decide on the price range and features to find an internet plan that meets all their needs.

UAE food industry said that huge demand is there in the Middle East countries for chicken, dairy, basmati rice, frozen marine goods and wheat products from New Delhi. The UAE industry has sought the support of the Indian government in smooth certification processes, more coordination with Agricultural & Processed Food Products Export Development Authority (APEDA), and harmonisation of standards. They also said that high quality packaging of Indian products would help boost New Delhi players to increase exports of food and food products in countries like Bahrain, Kuwait, the Sultanate of Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).

Zug, a small Swiss canton nestled by a shimmering lake and framed by the Alps, is famous for its traditional cherry pie - which was particularly loved by actress Audrey Hepburn - and for its blockchain start-up hub.

Anant Jeet Singh added another medal to India's tally at the Asian Games, securing a silver medal in the men's skeet individual final on Wednesday. He got 58 points. The gold medal was bagged by Kuwait's Abdullah Alrashidi, who scored 60 points to level with the world record held by India's Angad Vir Singh.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. Petcare brand Heads Up for Tails (HUFT) is looking to chart newer domains of growth and plans to take its private-label portfolio across nutrition, grooming and lifestyle products to the global market in 2024, its founder Rashi Narang told ET. The company, which started in 2008 and is backed by the likes of Peak XV Partners and Verlinvest, is also looking to double down on its offline presence and launch new stores in tier 2 and tier 3 cities.

Saurav Ghosal, Joshna Chinappa and Dipika Pallikal, synonymous with Indian squash over the past two decades, have unfinished business going into what could be their last appearance at the Asian Games. Ghosal and Joshna, who both turned 37 recently, will be featuring in their sixth Asian Games, a testament to their remarkable longevity in a physically demanding sport like squash. A week way from celebrating her 32nd birthday, Dipika will be entering her fourth and in all probability last Asian Games.

Kuwait has warned the Albanese government that its proposed ban on live sheep exports is effectively futile because the emirate will not buy any more chilled meat from Australia and will simply source livestock from other countries instead.

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van Gogh painting snatched from a Dutch museum during the Covid-19 lockdown, AFP looks back at some other heists involving works by the Dutch master: On August 21, 2010, Van Gogh's "Poppy Flowers", worth $55 million at the time, was cut out of its frame in broad daylight at the Mohamed Mahmoud Khalil Museum outside Cairo. An investigation revealed that the museum's alarm system did not work and that 30 out of 47 surveillance cameras were out of order. It was the second time the small painting from 1887, which is still missing, had been stolen — the first was in 1997, when it was taken from the same museum and was found only 10 years later, in Kuwait. Van Gogh's «Blossoming Chestnut Branches» (1890), among four Impressionist masterpieces valued at more than 112 million euros, was stolen from a Zurich museum on February 10, 2008, in one of Europe's biggest-ever art heists.

By Paul Carsten

The All India Football Federation announced on 2 September announced that Bhubaneswar and Guwahati will host India's opening two home matches in the FIFA World Cup 2026 and AFC Asian Cup 2027 Preliminary Joint Qualification Round 2. India have been drawn in Group A of the Asian qualifiers, alongside Qatar, Kuwait, and the winners of the Preliminary Joint Qualification Round 1 fixture between Afghanistan and Mongolia.

Dubai-based cryptocurrency exchange BitOasis has secured a round of funding from a group of investors, including Indian digital-asset platform CoinDCX. 

Mint in an exclusive interview. “Earlier, the Indian airports were merely destination airports, but today we find a rising trend of people flying from one part of the world and come to Delhi, Mumbai, Hyderabad, and Kolkata, and take another onward flight without really exiting into any Indian city. That trend is increasing," Vinay Malhotra, head of global sales at IndiGo, said.

Indian Oil Corporation (IOC), the nation’s top refiner, has embarked on a major data-driven digitalisation drive to optimise its crude purchase, refinery operations and financial management, which has helped boost its efficiency as well as bottom line, said a senior executive. “What we have begun doing is to use the immense data available to us to drive our decisions,” Manish Grover, executive director (strategic information systems), Indian Oil Corporation, told ET. IOC generates a sea of data daily from its operations spanning refineries, pipelines, petrol pumps, aviation fuel stations, natural gas networks and petrochemicals. “We operate refineries at 10 locations as a group. We deal with as many as 400 types of neat crude at a time. Crude is imported at three ports and then transferred to various refineries, most of which are landlocked. In this complex exercise, we end up dealing with as many as 12,000 variants of crude mixes at a time," said Grover. “And then you have exigencies created by the war which requires you to take quick decisions for crude purchases at high sea and quicker unloading schedule for them.”

NEW DELHI : Inward foreign remittances to India grew 26% in the last financial year to $112.5 billion, clocking its highest growth in the last five years amid a rebound in economic recovery after the pandemic, showed latest data from the finance ministry. Inward foreign remittances stood at $89.1 billion in FY22, $80.2 billion in FY21, $83.2 billion in FY20, and $76.4 billion in FY19.

Iraq's official media regulator has directed all media and social media companies operating not to use the term “homosexuality". The Arab stated told to replace the word ‘homosexuality’ with ‘sexual deviance’, Reuters' report mentioned. The Iraqi Communications and Media Commission (CMC) said that the use of the term "gender" was also banned.

Saudi Arabia announced that citizens of eight more countries will now be eligible for a visitor e-visa, state media reported. The e-visa will be available to visitors from Albania, Azerbaijan, Georgia, Kyrgyzstan, Maldives, South Africa, Tajikistan, and Uzbekistan, for leisure, business, and religious (Umrah only) travel, bringing the total number of eligible countries to 57, Xinhua news agency quoted the state media report as saying. The visitor e-visa is valid for an entire year, grants multiple entries, and permits a stay of up to 90 days. After launching the e-visa program in 2019, Saudi Arabia welcomed 93.5 million visits in 2022, a 93-per cent increase from 2021, registering a tourism expenditure of 185 billion Saudi Riyals ($49 billion). In 2022, Saudi Arabia decided to provide a visitor e-visa for holders of valid Schengen, British and US visas that have been used to enter these countries before arriving in Saudi Arabia and for permanent residents of the European Union, Gulf Arab countries, Britain and the US.

General Pension and Social Security Authority (GPSSA) of the UAE has launched a unified campaign aimed at raising awareness on the insurance protection extension system for registered GCC or Gulf Cooperation Council nationals employed in the UAE. GCC is an economic alliance of six Gulf countries — Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and UAE.

An escalating dispute over a gas field in the Persian Gulf poses an early challenge to a Chinese-brokered agreement to reconcile regional rivals Saudi Arabia and Iran