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  • 09, May 2021

    Zain Group generates revenue of $1.3bn, net profit of $147m for first three months of 2021

    KUWAIT: Zain Group, a leading mobile innovator with operations in seven markets across the Middle East and Africa, announced its consolidated financial results for the first quarter (Q1) ended March 31, 2021. Zain served 48.5 million customers at the end of the period.

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  • 09, May 2021

    African nations gear up to polish image at Expo

    DUBAI: African nations are attending this year’s Dubai Expo 2020 in force, hoping to project an image of a modern and ambitious continent and shed stereotypes of conflict and underdevelopment. The six-month mega-event, delayed by the COVID pandemic, is a milestone for the wealthy Gulf emirate. 

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  • 09, May 2021

    Kuwait civil aviation says PCR test mandatory for arrivals

    KUWAIT: The Directorate General of Civil Aviation yesterday denied reports that it has exempted some people from taking the PCR coronavirus test while arriving in the country. 

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  • 08, May 2021

    Disappointing jobs data new challenge for Biden agenda

    WASHINGTON: The United States added just 266,000 jobs in April – a quarter of the number expected – in a surprise setback for President Joe Biden’s efforts to revive an economy blighted by the COVID-19 pandemic.

     

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  • 08, May 2021

    Facebook panel punt on Trump puts onus back on Zuckerberg

    SAN FRANCISCO: Facebook’s top executives set up an independent oversight board to avoid having to make tough decisions about explosive content – but the panel’s first major ruling on Donald Trump sent the ball right back into Mark Zuckerberg’s court. 

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  • 08, May 2021

    EU and India relaunch trade quest

    PORTO: The EU and India met at a virtual summit yesterday hoping to relaunch long-stalled trade talks and discuss how best to work together against the coronavirus pandemic battering the south Asian giant. 

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  • 08, May 2021

    Rental cars becoming scarce and expensive for US travelers

    NEW YORK: Talk about sticker shock: The $600 price tag for Joe Pohlen to rent a car for two days was twice as expensive as his plane ticket. The Michigan businessman was stunned, but the experience is becoming more common for US travelers, an unexpected consequence of the pandemic. 

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  • 06, May 2021

    BoE sees stronger growth recovery from pandemic

    LONDON: The Bank of England said yesterday the UK economy will enjoy a stronger than expected recovery this year as the country eases its coronavirus pandemic lockdowns quicker than earlier anticipated. 

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  • 06, May 2021

    US service sector sees relief as virus-hit economy rebounds

    NEW YORK: After a year of layoffs and uncertainty, data released showed the US service sector adding jobs and expanding in April, as the world’s largest economy bounces back from the worst of the COVID-19 pandemic.

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