Bid to end ‘visit visa’ Egyptians misery

KUWAIT CITY, Jan 27: The Ambassador of Arab Republic of Egypt to Kuwait Abdulkareem Suleiman and the Egyptian consulate is working hand in hand to solve the misery of thousands of Egyptians who have entered the country on what the authorities call ‘…

‘Law to ban performance boosting drugs needed’

KUWAIT CITY, Jan 27, (KUNA): Kuwait should issue a law preventing the use of prohibited performance enhancing drugs and stimulants that are unsuitable for human consumption as this could harm athletes, said a sports official. The government and the …

‘New legal regime more investor-friendly’

KUWAIT’s reformed commercial laws are more advanced than the existing commercial laws in Dubai. They have the potential to attract FDIs and rev up Kuwait’s economy; however, the moot question is, “Will the new laws be implemented in an effective man…

Cuaron wins DGA for ‘Gravity’

LOS ANGELES, Jan 26, (AP): Alfonso Cuaron was awarded the top film honor from the Directors Guild of America for “Gravity” on Saturday night. In the recent bustle of Hollywood shows, “Gravity,” David O. Russell’s con caper “American Hustle,” and S…

Classic Cars Museum hosts Zagato

KUWAIT CITY, Jan 26: “There’s a general interest for cars in the Gulf but unlike other Gulf countries Kuwaitis are linking their interests in cars to their culture and it’s the idea of preserving cars which makes Kuwait special”, says Dr Andreas Z…

Kuwait market edges up amid volatile trade

KUWAIT CITY, Jan 26: Kuwait stocks nudged higher Sunday after posting strong gains in the last week. The index rose 6.11 pts in volatile trade to close at 7784.67 points helped by speculative buying in select counters. The  banking majors closed m…

ABK posts KD 35.4 mln net profit in 2013

KUWAIT CITY, Jan 26: Al Ahli Bank of Kuwait achieved KD 81.5 million operating profits and KD 35.4 million net profits for the financial year ended 31 December 2013 representing an 18% growth in net profits from the previous year. Earnings per sha…