• Alghanim Industries breaks ground on major steel expansion in India

    KUWAIT: Alghanim Industries, one of the largest privately-owned companies in the region, recently broke ground with a new pre-engineered steel buildings (PEB) manufacturing facility located in Gujarat, India’s fifth largest state. 

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  • Zain participates in Global Digital Power Summit 2021

    KUWAIT: Zain, the leading digital service provider in Kuwait, participated in the Global Digital Power Summit 2021, organized by Huawei on the sidelines of GITEX in Dubai, with the aim of enabling organizations to seize the opportunities inherent in renewable energy by relying on digital technologies to achieve sustainability goals.

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  • stc reports KD 213.8m revenue and KD 23.8m net profit for nine months

    KUWAIT: Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced its financial results for the nine-month period ended 30 September 2021. 

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  • Samsung reports 28% jump in profit despite supply chain woes

    SEOUL: South Korean tech giant Samsung Electronics posted a 28-percent jump in operating profit yesterday despite global supply chain challenges caused by the pandemic. The world’s top chipmaker saw its operating profit reach 15.8 trillion won ($13.5 billion) for the July-September period, it said in a regulatory filing. 

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  • ECB stands pat on stimulus amid rising eurozone inflation

    FRANKFURT: European Central Bank policymakers shrugged off rising inflation across the eurozone when they met yesterday, with the bank leaving its massive stimulus program unchanged. While supply disruptions have pushed up prices and squeezed industrial production, the ECB kept its accommodative monetary policy stance as it seeks to nurse the economy back to health from the impact of the coronavirus pandemic.

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  • Extreme heat threatens US workers, economy

    LAMONT, US: Irma Gomez has worked in California’s Central Valley, one of the world’s most productive agricultural regions, for nearly a decade-but she has never experienced a year as hot as this one, so hot that a colleague collapsed and died in the fields. “It’s worrying,” Gomez says. 

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  • Why the HUAWEI nova 9 is the top trendy flagship and camera king smartphone...

    KUWAIT: A great smartphone is one that is styled for the ages, equipped with a great camera, has a large battery that charges up swiftly, and if you throw in some cool futuristic features then you have something special. And all of these things are not easy to find in one single phone!

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  • Turkey’s hazelnut farmers fume at Nutella ‘monopoly’

    AKYAZI, Turkey: Kneeling from dawn till dusk, the Turkish farmers picking most of the hazelnuts going into Nutella spreads complain of exploitation and meager pay, setting up a clash over labor rights.

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  • Water tycoon is China’s richest as wealth crackdown batters Jack Ma

    BEIJING: Bottled-water tycoon Zhong Shanshan has become China’s wealthiest person, according to an annual ranking released yesterday, as a government campaign to rein in the super-rich took a big bite out of the fortunes of perennial front-runners like Alibaba co-founder Jack Ma. 

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