• Kuwait project activity dips amid delays and supply chain constraints in 3Q21

    KUWAIT: The total value of awarded projects in Kuwait fell to KD 152 million (-68 percent q/q; -57 percent y/y), according to MEED projects. This brings the total value of projects awarded in 2021 to a cumulative KD 916 million so far.

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  • Glasgow: Industrial canal’s climate fighting future

    GLASGOW: Glasgow was a vital cog in the machine of Britain’s Industrial Revolution, which brought the baleful impact of carbon emissions and eventually climate change to the world. Today, the venue for the COP26 environmental summit is home to a pioneering project to counteract the effects of planetary warming, centered on Glasgow’s Forth and Clyde Canal.

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  • Mexico’s economic recovery has sting in its tail

    MEXICO CITY: Latin America’s second-largest economy is bouncing back from its worst slump in decades, but rising living costs mean that many Mexicans like Reynaldo Perez are struggling to scrape by. 

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  • Black homebuyers underrepresented in US real estate boom

    WASHINGTON: The COVID-19 pandemic has changed the nature of homebuying in the United States, but one constant is that Black Americans do not have the same access to a home of their own. Black purchasers made up just six percent of the total homebuyers this year-a figure that has changed little over the past two decades, a National Association of Realtors (NAR) report released Thursday said.

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  • 5-day Dubai airshow opens today as airline industry eyes recovery

    PARIS: The aviation industry is slowly recovering from last year’s COVID-induced downturn, but European aircraft maker Airbus is having a smoother ride than American rival Boeing, which has endured a series of crises.

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  • Governments risk ‘trillions’ in fossil fuel climate litigation

    GLASGOW: Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets, according to data that campaigners warn threaten pledges made at COP26. Energy experts predict that more ambitious climate action from world leaders will significantly increase companies’ use of a tribunal mechanism that has already awarded billions to heavy industry.

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  • Online registration for NBK Run continues

    The registration for National Bank of Kuwait’s (NBK) Run continues online through nbk.com/nbkrun. NBK Run is scheduled to kick off on Saturday December 4, 2021. NBK will award six participants alongside the grand draw for a new Nissan X – TERA car from the strategic partner, Al-Babtain Group.

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  • Singapore migrant workers suffer under COVID curbs

    SINGAPORE: Bangladeshi migrant worker MD Sharif Uddin used to spend his days off with friends outside his cramped Singapore dormitory, but coronavirus curbs have for 18 months left him stuck inside during his spare time. 

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  • Gulf Bank’s ‘Let’s Talk Business’ podcast interviews top events management firm

    KUWAIT: Gulf Bank aired the second episode of its “Let’s Talk Business” podcast with Ahmed Al-Majed, General Manager at the Suffix company for sports events management. The program, hosted by Tareq Al-Saleh, Deputy General Manager of the Economic Research Unit at Gulf Bank, presents entrepreneurial stories within a simplified economic framework, targeting budding entrepreneurs who are considering starting businesses of their own.

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