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Of Visa Trade Victims in Time of Pandemic Sold out ARAB TIMES, WEDNESDAY, APRIL 21, 2021 3 Weather Expected weather for the next with light to moderate north west- Bubyan - - Prayer Timings 24 hours: erly wind to light variable wind Jahra 40 23 Fajr ........ 03:53 Asr .......... 15:22 By Day: Hot and partly cloudy with speeds of 06-24 km/h. Salmiyah 35 28 Sunrise .. 05:16 Maghrib .. 18:17 with light variable wind to light Station Max Exp Min Rec Ahmadi 37 27 Zohr ....... 11:48 Isha ........19:38 to moderate north westerly wind Kuwait City 38 28 Nuwaisib 41 21 with speeds of 08-30 km/h. Kuwait Airport 39 21 Wafra 40 20 By Night: Fair and partly cloudy Abdaly 40 21 Salmy 39 21 VACCINE REGISTRATION WEBSITE: https://cov19vaccine.moh.gov.kw/SPCMS/CVD_19_Vaccine_Registration.aspx KFH rallies 7 fils, Humansoft Holding retreats Kuwait’s All Shares Index breaches 6,000 mark, volume soars By John Mathews fi ls. National Investment Co rose 4 fi ls to 189 fi ls ing in some of the heavyweights and mid-caps fi ls and International Financial Advisors re- and KIPCO paced 3 fi ls with a volume of 5.6 and closed with hefty gains. treated 3 fi ls. Coast Investment ticked 1.6 fi ls ▼ UUS$/KDS$/KD 00.30105/15.30105/15 Arab Times Staff million to end at 165 fi ls. Tamdeen Investment Top gainer of the day, Kuwait Reinsurance up and KMEFIC climbed 5 fi ls to 144 fi ls. KUWAIT CITY, April 20: Kuwait stocks climbed 8 fi ls to 224 fi ls and Kuwait Reinsurance Co spiked 9.84 percent to 424 fi ls and Mubarrad First Investment gave up 2.1 fi ls after trading ▲ Euro/KD 0.3634 breached the 6,000 pts benchmark on Tues- Co soared 38 fi ls with thin trading. scaled 9.24 pct to stand close behind. Marakez 18.2 million shares whereas Arzan Financial day after registering an uptick in the previous Zain rose 5 fi ls to 610 fi ls after pushing skidded 12.79 percent, the steepest decliner of stood pat at 106 fi ls. ■ Yen/KD 0.0027 session. The All Shares Index gained mo- over 3 million shares whereas Ooredoo stood the day and Gulf Petroleum Investment topped Kuwait Financial Centre (Markaz) rose mentum with a 43 points jump to 6,021.20 pat at 647 fi ls. stc eased 1 fi l to 898 fi ls and the volume with 60.6 million shares. 3.3 fi ls to 91 fi ls with heavy trading whereas ▲ British £/KD 0.4214 points driven mostly by blue chips. logistics major Agility sprinted 10 fi ls to 779 Mirroring the day’s upswing, the winners KFIC dialed down 2 fi ls. Al Deera Holding The Premier Market soared 52.7 points to fi ls taking the month’s gains to 53 fi ls. Hu- outnumbered the losers. 78 stocks advanced dipped 10 fi ls to 200 fi ls whereas Noor Finan- ■ Indian Rs/KD 0.0040 6,594.71 pts lifted the month’s gains to 270 mansoft Holding dialed down 2 fi ls whereas whereas 50 closed lower. Of the 142 coun- cial Investment closed 3 fi ls in red. KAMCO points while Main Market scaled 21.80 pts. Boursa Kuwait Securities was up 5 fi ls at KD ters active on Tuesday, 14 closed fl at. 13,946 tripped 1.8 fi ls and Unicap added 2.4 fi ls. ■ Philippines Peso/KD 0.0062 The BK Main 50 was up 26.88 points at 1.111. Integrated Holding darted 11 fi ls to deals worth over KD 55 million were trans- Gulf Insurance Group and Warba Insurance 5,060.56 pts. The volume turnover meanwhile 423 fi ls. Mabanee slipped 5 fi ls. acted during the session. paced 4 fi ls each whereas Al Ahleia Insur- ▼ FTSE -57.62 pts at 13:05 hr, April 20 continued to swell to hit the month’s highest National Industries Group climbed 5 fi ls to In the banking sector, National Bank of Ku- ance took in 2 fi ls. United Real Estate closed level. Over 453 million shares changed hands 210 fi ls and Gulf Cable followed suit. Boubyan wait took in 1 fi l on back of 3.6 million shares 2.4 fi ls in green and NREC sprinted 7 fi ls to – a 16 pct surge from the day before. Petrochemical extended Monday’s robust gains whereas Gulf Bank gave up 3 fi ls before ending 106 fi ls. Salhia Real Estate clipped 2 fi ls and ▼ Nikkei -584.99 pts at closing April 20 The sectors however closed mixed. Insurance with a 26 fi ls sprint to 950 fi ls and Al Qurain at 207 fi ls and the counter saw 23.4 million Tamdeen Real Estate added 2 fi ls. outperformed the rest with 2.32 pct gain whereas Petrochemical added 3 fi ls. Jazeera Airways shares change hands. Kuwait International Bank Kuwait Cement Co fell 3 fi ls to 232 fi ls ▲ Gold Technology shed 0.82 pct, the biggest loser of gave up 2 fi ls whereas ALAFCO took in 2 fi ls. and Burgan Bank gained 3 fi ls each to close at whereas Kuwait Portland Cement and Kuwait 1774.50 per oz (London) the day. Volume wise, Financial Services topped Aznour paused at 267 fi ls and United Projects 208 fi ls and 227 fi ls respectively. Foundry Co took in 1 fi ls each. Educational with 141.8 million shares while Banking sector Co paced 10 fi ls to close at 228 fi ls. Combined Ahli United Bank BSC added 3 fi ls with Holding shed 22 fi ls and Automated Systems ▲ NYMEX crude $64.02 per barrel was ahead in value with KD 22.9 million. Group Contracting Co gained 11 fi ls. brisk trading and Warba Bank was up 4 fi ls at Co paused at 97 fi ls. Among the prime movers, Kuwait Finance The market opened fi rm and moved side- 250 fi ls. Commercial Bank continued to stag- The market has been largely upbeat so far ▲ Brent crude $67.69 per barrel House rallied 7 fi ls on back of 10.9 million shares ways briefl y before heading higher. The main nate at 500 fi ls and Al Ahli Bank tripped 1 fi l. during the week gaining 67 pts in last three to close at 730 fi ls and Boubyan Bank extended index stalled again ahead of the mid-session Ahli United Bank Kuwait dialed down 2 fi ls. sessions. It has rallied 244 points from start of LIBOR rate 0.18825% last session’s gains with a 10 fi ls jump to 645 before resuming its ascent amid strong buy- Kuwait Investment Co slipped 5 fi ls to 162 the month and is up 474 points year-to-date. Of visa trade victims in time of pandemic Sold out ... for jobs that aren’t KUWAIT CITY, April 20: The families of the victims are very up- set because of their bad image promoted in More than a year has passed Kuwait, and feel distressed. One of them since the visa-trading scandal lost everything, as he was deported, after was exposed by the COVID-19 he became one among the illegal and mar- pandemic. However, its reper- ginal workers who had decided to travel to Kuwait in order to work in a profession le- cussions still create more prob- gally and in an honorable manner. lems and reveal thousands of Hussein Numan, one of the victims from victims who lost their savings Sohag, said he fi led a report at Al-Ballina Police Station in Sohag against the afore- and became victims of the traf- mentioned human traffi cker, after he and fi ckers trading on the sweat dozens of other people became victims of of the poor, reports Al-Qabas fake visas. daily. He explained that he traveled to Kuwait According to official sources within with 80 people in 2018, and was given a fake residency related to small projects. the Egyptian government, conflicts re- After each person paid an amount of about cently erupted between tribes in Up- KD 2,000, they discovered that they were per Egypt and a visa agent working for deceived as they were accused of having some companies in Kuwait because he come to Kuwait with a free visa. When sold thousands of visas to the residents they went back to him, he ignored them. of Sohag Governorate who came to Ku- Then their sponsor fi led absconding re- KUNA photo wait only to discover that these compa- ports against them, which led to their re- His Highness the Crown Prince Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace on Tuesday His Highness Sheikh nies were fake. turn to Egypt either voluntarily or through Nasser Al-Mohammad Al-Sabah. Various issues were discussed. Visa agent deportation. Numan admitted that he had helped the HH Crown Prince receives HH Sheikh Nasser This broker collected about 100 million accused by advertising about provision of pounds from thousands of people look- visas to Kuwait, but he was quick to add ing for work opportunities in Kuwait. The that he did not know that it was a fake visa. His Highness the Crown Prince Sheikh Al-Sabah. Council Osama Al-Otaibi, where he pre- victims left Kuwait when residencies were Mishal Al-Ahmad Al-Jaber Al-Sabah re- His Highness the Crown Prince Sheikh sented the reports of the council’s sec- He stressed that he was only trying to arranged for them, and they demanded help the people of his region to travel to ceived at Bayan Palace on Tuesday His Mishal Al-Ahmad Al-Jaber Al-Sabah also ond session for the twelfth legislative term the return of the money they paid to him.
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