JAMADA ALTHANI 29, 1440 AH WEDNESDAY, MARCH 6, 2019
28 Pages Max 24º Min 12º 150 Fils Established 1961
ISSUE NO: 17774 The First Daily in the Arabian Gulf www.kuwaittimes.net
Amir hosts envoys, thanks Third time lucky: Ex-Nissan ‘Modi sari’ flies off shelves India pull off narrow win 211Qatar for kind gesture chief Ghosn wins bail in Japan 21as India poll fever grows 28 in thrilling Australia ODI
Assembly approves mandatory health insurance for all visitors
MP: Expats give meds as gifts • Iqama issuance to go online • 2 MPs file to grill Roudhan
By B Izzak increase a series of other charges including residency fees. During the debate, the majority of MPs gave KUWAIT: The National Assembly yesterday over- unlimited support for the government to impose such whelmingly approved in two rounds of voting a draft law charges on expatriates, with some alleging that expats requiring foreigners visiting Kuwait to obtain a health in the country take government medicines to their insurance policy for the duration of the visit. The law, home countries. passed by 47 MPs against four with one abstention, also MP Safa Al-Hashem said that in 2018, as many as forbids the interior ministry from issuing visit visas for 621,000 foreigners came to Kuwait as visitors, who foreigners without seeing the health insurance policy. “underwent medical treatment and left” without paying The law stipulates no specific amounts to be paid by charges. She opposed any exemptions in the law. MP the visitors, but this is expected to be defined when the Yousef Al-Fadhalah said expatriates take government ministry prepares the bylaws for the application of the medicines as gifts for their relatives in their home coun- law following its publication in the official gazette with- tries and some are sold in pharmacies there. MP Khalil in one month of reaching the government. Accordingly, Al-Saleh said the measure will provide a new financial the law’s implementation is unlikely to happen before resource for the budget, but MP Adnan Abdulsamad said two to three months or even longer. this is untrue because the ministry has failed to collect its The legislation’s main aim is to prevent foreign visi- insurance money from private insurance companies. tors from undergoing medical treatment at the coun- MP Abdulwahab Al-Babtain said the number of beds try’s public health facilities, although existing laws at public hospitals is not sufficient for Kuwaitis and expa- already ban them as the health service is provided triates, while MP Adel Al-Damkhi said visit visas had through a civil ID which is granted only to those who been misused by expats to come to Kuwait for free med- have legal residence permits. The law is the latest in a ical treatment. Health Minister Sheikh Basel Al-Sabah raft of measures that authorities have taken to tax said the insurance will cover emergency and necessary expatriates following a plunge in oil prices in mid-2014. surgeries only. He added that to resolve the problem of The measures have largely spared citizens. payment of health insurance by expatriates, the ministry KUWAIT: MP Al-Humaidi Al-Subaei shares a light moment with Commerce and Industry Minister Khaled Al- These measures include sharply increasing health has begun receiving payments online, saying that in the Roudhan, whom he filed to grill yesterday, as Deputy Prime Minister and Minister of Cabinet Affairs Anas Al- charges, raising electricity tariffs by 150 percent and last month, the ministry received KD 3.9 million. Saleh and MP Yousuf Al-Fadhalah look on at the National Assembly yesterday. — Photo by Yasser Al-Zayyat raising fuel prices, as the government prepares to Continued on Page 24
weary of his two-decade-old rule. Algeria students Bouteflika suffered a stroke in 2013 and is rarely seen in public. Rallies Number of people demanding the 82-year-old resign have say ‘No’ to fifth rocked Algeria since Feb 22, with protest- ers mobilized by calls on social media, in a taking HIV tests Bouteflika term country where half the population is under 30 and many young people strug- rising in Kuwait ALGIERS: Thousands of Algerian stu- gle to find jobs. Yesterday, thousands of dents marched yesterday in protest at ail- university students from campuses across By Meshaal Al-Enezi ing President Abdelaziz Bouteflika’s deter- Algiers marched in the capital, many car- mination to stand for re-election, brushing rying their country’s flag. Abderahman, a KUWAIT: The health ministry’s assistant undersec- aside his pledge not to serve a full fifth 21-year-old student, said Bouteflika retary for general health and the head of the national term. Following mass demonstrations, the “wants an extra year” in power. “We don’t committee to fight AIDS Dr Majeda Al-Qattan said veteran leader promised that if he wins the want him to stay even an extra second. He the number of people checking with the experimen- April poll he will organize a “national con- should leave now,” he said. tal AIDS clinic to be tested for HIV and seek advice ference” to set a date for further elections Police deployed across the center of the is growing. Qattan said the clinic’s policy is that on which he would not contest. But his capital where protests have been banned detecting an HIV positive case, and if their spouse pledge, made in a letter read out late since 2001. “Hey Bouteflika, there won’t be Sunday on state television, has been a fifth term,” the students chanted. ALGIERS: Algerian students demonstrate in the capital yesterday against ailing gives consent, they are both subjected to totally President Abdelaziz Bouteflika’s bid for a fifth term. — AFP confidential tests that respect their privacy and the angrily dismissed as an insult by Algerians Continued on Page 24 needed treatment is provided to them. “The rise in tests reflects the public’s growing awareness, the accuracy of the tests conducted and swelled by $19 billion in one year and he is list. The CEO of French luxury good com- the availability of effective treatment in Kuwait,” Bezos, Gates and now worth $131 billion. Bezos, who holds 16 pany LVMH, Bernard Arnault, held on to Qattan underlined. She said according to recent percent of Amazon and whose wealth now fourth place. But Zuckerberg lost $9 billion WHO statistics, most newly-detected HIV cases in makes him a target of the left wing of the in net worth and slipped from fifth to the MENA region were diagnosed through volun- Buffett still top US Democratic Party, has widened the eighth. Ahead of Zuckerberg now are tary tests, which helps change patients’ conduct and money gap between himself and Gates, the Mexican tycoon Carlos Slim, Zara and attitudes positively. Qattan added that the commit- world’s ultra-rich philanthropist and co-founder of Inditex founder Amancio Ortega of Spain, tee’s services will soon be expanded to focus on the Microsoft. Gates, 63, has seen his wealth and Oracle co-founder Larry Ellison. most vulnerable people such as drug addicts using NEW YORK: Jeff Bezos remains the grow to $96.5 billion, up from 90 billion Bloomberg rose from 11th to ninth place as syringes, to protect them and the entire society from world’s richest person, ahead of Bill Gates last year, said Forbes. his fortune increased to $55.5 billion, from both HIV and hepatitis. and Warren Buffett, according to the latest Third place is held by Buffett, 88 and $50 billion, said Forbes. Forbes list of the ultra-wealthy, while far long considered an investment guru, Americans still dominate the list with behind President Donald Trump jumped 51 although he did get stung in late February 14 of the top 20 billionaires from the US. spots in the ranking. While things are by a deep plunge in shares of US Non-Americans among the top 20 largely stable up on top of the list, processed food maker Kraft Heinz, in which include India’s Mukesh Ambani, chairman Facebook founder Mark Zuckerberg he had a large stake. Buffett’s fortune of Reliance Industries, in 13th place, and HIV remission dropped three spots and former New York slipped by $1.5 billion to $82.5 billion, the China’s Ma Huateng, head of the Chinese mayor Michael Bloomberg rose by two. magazine estimated. internet giant Tencent, who rounds out patient rekindles According to the list announced yester- It is more or less after this trio that the top 20. Jeff Bezos AIDS cure hope day by Forbes, the riches of Bezos, 55, have things start to get shaken up on the Forbes Continued on Page 24 that are happening right now, are deeply PARIS: For just the second time ever an HIV patient is Clinton rules troubling to me.” in sustained remission from the virus in what was hailed Clinton has held meetings with some of by experts yesterday as proof that the AIDS-causing the Democrats who are now vying for the condition could one day be curable. Ten years almost to out another party nomination or considering a run. the day since the first confirmed case of an HIV-infect- CNN has reported that they include for- ed person being rid of the deadly disease, a man known presidential run mer vice president Joe Biden, who has not only as the “London patient” has shown no sign of the yet said if he is running. “I’ve told every virus for nearly 19 months, doctors reported in the jour- WASHINGTON: Hillary Clinton has for one of them, don’t take anything for grant- nal Nature. the first time ruled out running for presi- ed, even though we have a long list of real Both patients underwent bone marrow transplants to dent in 2020. “I’m not running, but I’m problems and broken promises from this treat blood cancers, receiving stem cells from donors going to keep on working and speaking administration that need to be highlight- with a genetic mutation present in less than one per- and standing up for what I believe,” ed,” Clinton said. cent of Europeans that prevents HIV from taking hold. Clinton said Monday in an interview with Asked if she would run again for some “It is a landmark. After 10 years of not being able to News 12, a local TV channel in New kind of public office, she seemed to avoid replicate (the first case), people were wondering if this York. Clinton was the frontrunner in 2016 ruling that out. “I don’t think so, but I love was a fluke,” said lead author Ravindra Gupta, a profes- but ended up losing to Donald Trump. “I living in New York and I’m so grateful that sor at the University of Cambridge. “I think it is impor- want to be sure that people understand I had the chance to be a senator for eight tant to reaffirm that this is real and it can be done,” I’m going to keep speaking out,” Clinton years and to work with people across our Gupta told AFP. said. “I’m not going anywhere. What’s at state,” said the former secretary of state Continued on Page 24 stake in our country, the kinds of things and senator for New York state. — AFP Hillary Clinton 2 Established 1961 Local Wednesday, March 6, 2019 Amir hosts envoys, thanks Qatar for kind gesture Amir patronizes 22nd Quran Grand Prize ceremony today
KUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al- His Highness Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah briefs His His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah meets Sabah meets with His Highness Sheikh Nasser Al-Mohammad Al-Ahmad Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on the Sabah with Saqr Nasser Al-Raisi, the new ambassador of the United Arab Al-Sabah. —Amiri Diwan and KUNA photos Al-Ahmad network of roads which was recently inaugurated in Qatar. Emirates to Kuwait.
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah meets His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah receives His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah with Claudia Zampierri, the new ambassador of Argentina to Kuwait. credentials of the new ambassador of Somalia to Kuwait Abdullah receives credentials of the new ambassador of Malawi to Kuwait Mohamed Al-Duwa. Jaffali Mussa.
KUWAIT: His Highness the Amir Sheikh hosted His Highness Sheikh Nasser Al- Sabah Al-Ahmad Al-Jaber Al-Sabah Mohammad Al-Ahmad Al-Sabah who has received yesterday a number of newly recently represented His Highness the Amir assigned foreign ambassadors who handed at inauguration of the Sabah Al-Ahmad him their credentials. The envoys hosted network of roads in Qatar. His Highness by His Highness the Amir were Saqr Sheikh Nasser briefed His Highness the Nasser Al-Raisi of the United Arab Amir about the venture. His Highness the Emirates, Claudia Zampierri of Argentina, Amir expressed profound gratitude to the Abdullah Mohamed Al-Duwa of Somalia sisterly State of Qatar for this kind gesture and Jaffali Mussa of Malawi. The ceremony that depicted the warm and historic rela- was attended by Deputy Prime Minister tions between the two countries and peo- and Foreign Minister Sheikh Sabah Al- ples. Moreover in this respect, His Khaled Al-Hamad Al-Sabah, Deputy Highness the Amir expressed good wishes Minister of Amiri Diwan Affairs Sheikh to Qatari Amir Sheikh Tamim bin Hamad Mohammad Al-Abdullah Al-Mubarak Al- Al-Thani, as well as to the kind Qatari Sabah and Amiri Diwan Undersecretary people. Separately, His Highness the Amir and Director of His Highness the Amir received Dr Thomas A Kennedy, Chairman Bureau Ahmad Fahad Al-Fahad. Also and Chief Executive Officer (CEO) for attending were Amiri Diwan Advisor Raytheon Company, the international CEO Mohammad Abdullah Abul-Hassan, Head of the same company John Harris and its of Amiri Protocol Sheikh Khaled Al- International Chairman Chris Davis. His Highness the Crown Prince Sheikh Nawaf Al- His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah meets Abdullah Al-Sabah Al-Nasser Al-Sabah, Also yesterday, His Highness the Crown Ahmad Al-Jaber Al-Sabah meets with His Highness with Kuwaiti Ambassador to Saudi Arabia Sheikh Ali Khaled Al-Jaber Al-Sabah. Assistant Foreign Minister for Protocol Prince Sheikh Nawaf Al-Ahmad Al-Jaber Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah. Affairs Ambassador Dhari Ajran Al-Ajran Al-Sabah received His Highness Sheikh and Chief of the Amiri Guard Brigadier Nasser Al-Mohammad, as well as the other news, the ceremony to honor win- Competition is set to be held today at Highness the Amir; who had deputized His Fahad Abdulrahman Al-Zaid. Kuwaiti Ambassador to Saudi Arabia ners of Kuwait’s 22nd Quran Recitation 10:30 am in Bayan Palace. The ceremony Highness the Crown Prince to attend the Earlier yesterday, His Highness the Amir Sheikh Ali Khaled Al-Jaber Al-Sabah. In and Memorization Grand Prize will be held under the patronage of His event. —KUNA Prime Minister Deputy FM receives letter from receives Egyptian counterpart New Zealand counterpart KUWAIT: Kuwaiti Deputy Minister of Foreign Affairs Khaled Al-Jarallah met yesterday New Zealand’s vis- iting Under-Secretary to the Minister of Foreign Affairs Fletcher Tabuteau and his accompanying del- egation. During the meeting, the two sides discussed bilateral relations and the latest regional and interna- tional developments of common concerns. The meet- ing was attended by Assistant Foreign Minister for Deputy Foreign Minister’s office Ambassador Ayham Al-Omar, Minister Plenipotentiary and Assistant KUWAIT: Kuwaiti Deputy Minister of Foreign Affairs Khaled Al-Jarallah and other Foreign Minister Reem Al-Khaled and the guest’s del- ministry officials meet with New Zealand’s Under-Secretary to the Minister of egation. —KUNA Foreign Affairs Fletcher Tabuteau and his accompanying delegation. —KUNA
Bahraini King’s media advisor commends ties with Kuwait MANAMA: The King of Bahrain’s Advisor for Media Affairs Nabeel Al-Hamer lauded the strong and historical KUWAIT: His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah Kuwaiti-Bahraini relations yesterday. Hamer’s remarks meets with Egyptian Ambassador to Kuwait Tarek Al-Koni. —KUNA were made during a meeting with Kuwaiti Ambassador to Bahrain Sheikh Azzam Al-Sabah, who contributed to KUWAIT: His Highness the Prime Minister Koni. During the meeting, Koni handed His boosting bilateral ties especially in the media field, Sheikh Jaber Al-Mubarak Al-Hamad Al- Highness Sheikh Jaber a letter from his Bahrain News Agency (BNA) reported. Meanwhile, Sabah received at Seif Palace yesterday Egyptian counterpart Mostafa Madbouly Sheikh Azzam stressed the deep Kuwaiti-Bahraini rela- MANAMA: The King of Bahrain’s Advisor for Media Affairs Nabeel Al-Hamer meets with Kuwaiti Ambassador to Bahrain Sheikh Azzam Al-Sabah. —KUNA Egyptian Ambassador to Kuwait Tarek Al- inviting him to visit the country. —KUNA tions and cooperation on all levels. —KUNA 3 Local Wednesday, March 6, 2019 Schools’ final exams to coincide with holy month of Ramadan Ministry sets start dates at May 7 for grades 5 to 11; May 19 for grade 12 By A Saleh and Meshaal Al-Enezi MoE Undersecretary Saud Al-Harbi also set the begin- decision on the new fees was made upon Cabinet reso- had been previously indicted and banned from travel- ning of the next school year for Sept 1 for administra- lution number 220/2018 pertaining authorizing each ling, and that he is currently detained over charges KUWAIT: Ministry of Education’s (MoE) educational tion and teaching staff, Sept 8 for kindergarten and minister to take proper needed measures to cut related to another case. zone directors’ council have approved this school year’s grade 1 pupils, Sept 9 for grades 2 to 9 and Sept 10 for expenses and increase revenues within their respective final exam timetable for all stages, said informed secondary stage students. jurisdiction as well as the finance minister’s instructions Required procedures sources, noting that exams of grades 5 to 11 will start to re-price MoH services. Public Authority for Manpower’s Director Ahmad on May 7, while grade 12 exams will be held in the peri- License fees Al-Moussa said in implementation of Cabinet resolu- od of May 19-30. This means that the tests will coincide Commenting on the Ministry of Health’s (MoH) new Merchant sentenced tion number 875/2017 pertaining subjecting the with this year’s holy month of Ramadan, which is slated medical license fees, official health sources stressed The court of misdemeanors yesterday sentenced a Manpower and Government Restructuring Program to to extend from early May to early June. Meanwhile, the that the new fees had been set following ample and well-known merchant - a former lawmaker - to one the manpower authority, the latter only conducted the finals’ results will be announced before Eid Al-Fitr. The comprehensive studies and comparison with GCC and year in prison with labor over charges of real estate required procedures after the National Assembly’s offi- sources added that the council’s meeting headed by international prices. Further, the sources noted that fraud, said informed sources, noting that the suspect cial approval.
Foreign Ministry denies ‘reshuffle’ reports Parliament Speaker KUWAIT: The Foreign Ministry has categorically at the same time. Jarallah lamented that such an acts dismissed reports alleging that it ordered a reshuf- was doing considerable harm. “It causes severe lauds visit to Iraq fling of heads of the Kuwaiti diplomatic missions embarrassment (for us) at the listed world capitals,” abroad, described a circulated list new heads as he clarified. “It violates relevant norms and princi- groundless. “This alleged list is totally untrue,” ples and jeopardizes the ministry’s plans and KUWAIT: National Assembly Speaker Marzouq Ali Deputy Foreign Minister Khaled Al-Jarallah stated in arrangements in this regard.” Jarallah urged the Al-Ghanem said yesterday the recent visit by a par- a press statement on Monday. He regretted the cir- public not to heed such untrue information and liamentary delegation to neighboring Iraq was very culation, by some social media users, of the alleged asked those who circulate it to pursue accuracy or positive. “We have stressed during the various meet- list, noting that circulation of such a kind of fabri- otherwise the ministry would take legal actions ings on the cause of the Kuwaiti martyrs’ corpses,” cated lists had been repeated in the past years and against them. — KUNA Ghanem said in a statement to journalists at the par- liament building. He reaffirmed that the mission in Iraq was carried out in line with guidelines by His Highness the Amir “who has a significant vision for the country welfare.” KUWAIT: National Assembly Speaker Marzouq Ali Al- Ghanem added that the dialogue with the Iraqi Ghanem gestures during yesterday’s parliament officials dealt with the Iraqi parliament reluctance to session. — Photo by Yasser Al-Zayyat ink some agreements with Kuwait, adding that His Highness the Amir was briefed about the parliamen- tary delegation activities in Iraq. Following the visit meeting of the Organization of Islamic Cooperation, to the neighboring country, the delegation proceed- scheduled next week. In addition to the call for set- ed to Jordan “to fulfill a humanitarian mission, visiting ting up a panel to reconcile the Palestinians, the the Palestinian and Syrian refugee camps,” he con- Kuwaiti delegation at the Arab Parliamentary Union tinued. Officials of the Jordanian Red Crescent, the meeting called for rejecting normalization of rela- refugee camps and schools expressed deep gratitude tions with “the usurping Zionist entity.” Ghanem, KUWAIT: Firefighters are seen helping free a kid’s hand to the leading Kuwaiti aid for the refugees. accompanied by MPs, paid a visit to Baghdad last which became stuck in the escalator inside a Salmiya A fireman battles a blaze which engulfed a car in Ghanem revealed that Kuwait, at the forthcoming week in response to an invitation by his Iraqi coun- mall yesterday. Khaitan. Inter-Parliamentary Union due in Doha, would cam- terpart. The delegation later visited the refugee paign for an “emergency topic” regarding the camps in Jordan and took part in the Arab parlia- Palestinian cause. It would be also presented at a mentary meeting. — KUNA a Kuwaiti’s second wife attacked the house of the first Policeman following some problems. Interior ministry operations received a call about a fight between a citizen and his wife in front of his house. Police patrols responded and charged with broke up the fight. A security source said the citizen accused his second wife of attacking his first, despite money forgery buying her a house and warning her not to approach his first wife’s house. Legal action is being taken.
By Hanan Al-Saadoun and Al-Rai Jewelry theft Hawally detectives are looking for an Asian domes- KUWAIT: Criminal detectives arrested a policeman tic helper accused of stealing jewelry and KD 500 who used his patrol car to store forged currency and from her sponsor before escaping. The citizen told a dispense it. The policeman was sent for a court martial Hawally governorate police station her helper stole before being sent to the prosecution, accused of forg- gold and cash. ing and dispensing currency. He was also ordered to remove his uniform. Harassment A nurse told police that while she was on duty, she Child saved was surprised by an obstetrician/gynecologist who was Firemen saved a child who had his hand stuck in the alone with her in a room. He started flirting with her and escalator inside a mall in Salmiya yesterday. Firefighters started to mention parts of her body, then asked her for arrived to the scene shortly after the incident was “more” as no one could see them. A complaint was reported, and they managed to free the boy before he lodged for incitement of immorality, and detectives are was examined by paramedics who determined that his investigating. injuries were minor. Crash Car fire A citizen accused a driver of a defense ministry Farwaniya fire department led by Lt Col Khalid vehicle of deliberately crashing into his vehicle. The Kanaan responded to a call about a fire in a vehicle in interior ministry received a call from a citizen saying he Khaitan. The fire was put out without injuries. An inves- was involved in a deliberate collision on Arabian Gulf tigation was opened to reveal the cause of the fire. Road. A traffic patrol went to the scene, and the citizen accused the driver of a defense ministry vehicle of Wives fight deliberately colliding with him following a dispute over Police intervened to break up a domestic fight when the right of way.
KUWAIT: Interior Ministry’s Director General of Residency Affairs Department Brig Abdelqader Al-Shaaban and other ministry officials meet with the Lebanese Charge d’affaires Nisreen Bu Karam. Traffic departments open in evenings
By Hanan Al-Saadoun sides discussed Lebanese community affairs. Shaaban said the Lebanese community enjoys the care of interi- KUWAIT: The Interior Ministry’s Relations and or ministry leaders who work hard to ease matters Security Information Department said all traffic depart- related to residency affairs. In other news, Assistant ments will operate during evenings starting from Director General of the Traffic Department for traffic Sunday, March 10, 2019, from 2 pm until 6 pm so that organization and licenses affairs Col Yousuf Al- work will be continuous from 7:30 am until 6 pm. Khaddah honored non-commissioned officer Separately, Director General of Residency Affairs Mohammad Safar and policeman Saud Al-Otaibi from Department Brig Abdelqader Al-Shaaban met the Hawally traffic department in appreciation of their Lebanese Charge d’affaires Nisreen Bu Karam. Both efforts during the celebrations of the national days. 4 Established 1961 Local Wednesday, March 6, 2019
Photo of the Day
KUWAIT: A blue-cheeked bee-eater spotted in Al-Jahra Nature Reserve. —Photo by Ghazy Qafaf (KUNA) Young Kuwaitis surge summer visits to Brussels: Belgian diplomat Mutual trade volume increased to around $259 million in 2017 KUWAIT: Economic and Commercial Councilor at the a promotion campaign for tourism in Belgium to inform Embassy of Belgium in Kuwait Sam Servaes said yester- Kuwaitis of the similarities between them, he said. day that over the last two years, there was a growth in Regarding the entry of Belgian companies into trade volume and a snowballing number of young Kuwait’s developmental projects, Servaes explained that Kuwaitis visiting Belgium for tourism. The trade volume the number of Belgian companies was limited. Belgian between both countries went companies are currently up from EUR 194 million investigating new laws and (approximately $220 million) in regulations in Kuwait, espe- 2016 to EUR 229 million Belgian cially allowing the foreign (around $259 million) in 2017, investor to own 100 percent of he said on the sidelines of an companies the company’s capital, event organized by the Belgian examine new explaining that this law will embassy for Kuwaiti and drive many of these compa- Belgian businessmen. laws in Kuwait nies to enter the Kuwaiti mar- On the volume of bilateral ket, he underlined. trade between both countries, Kuwaiti investments in it has exponentially grown Belgium indicate that there are over the years, pointing out that there is a new phenom- investments in all of Belgium’s cities from Kuwait Petroleum enon in the field of tourism in Belgium, which is since International, since most gas stations belong to this com- most of the former Kuwaiti tourists were older, currently pany, pointing out that his country depends on Kuwaiti oil there is an increase of young Kuwaitis, especially in the as well as investments for Kuwaiti businessmen in the real summer. Belgium’s embassy is empowering tourism, estate sector, he said. The Belgian economic delegation, whether by organizing delegation visits or through mar- which is visiting the country for two days, includes 20 KUWAIT: A picture taken from the Kuwaiti and Belgian businessmen’s meeting event in the Belgian embassy yesterday. —KUNA keting campaigns, indicating that next week there will be companies working in various fields. —KUNA
KIB sponsors CBK opens ‘Tijari Society of Petroleum Neighborhood’ at Engineers’ open day Grand Avenues
KUWAIT: As part of its ongoing efforts to support KUWAIT: Within the activities of the recently launched 8th youth events and student initiatives, Kuwait ‘Ya Zeen Turathna’ campaign designed to promote Kuwait’s International Bank (KIB) recently sponsored the traditional heritage, the Commercial Bank of Kuwait (CBK) open day organized by the Society of Petroleum will today open its two-day ‘Tijari Neighborhood’ at the Engineers (SPE) - Student Chapter at Kuwait Grand Avenues, said CBK’s deputy director for corporate University. Held under the theme ‘route 66’, the communication Amani Al-Wer’a. She added that CBK would receive the public and Grand Avenues visitors at the event took place at the College of Engineering and booth from 10 am to 10 pm, where live displays of tradi- Petroleum (CEP). tional Kuwaiti crafts would be shown in addition to having A student-led initiative, the open day was organ- a number of boys and girls in traditional costumes present ized to coincide with the celebration of National some traditional recreational activities. “In addition, a tradi- and Liberation Days. As part of its participation in tional competition will be held for visitors, and the winners the event, KIB organized a number of fun, engaging will receive several prizes,” she concluded. activities for both students and visitors. A team from the bank was also on hand, distributing gifts to the audience at the end of the day. On this occasion, Senior Manager of the Corporate Communications Unit at KIB, Nawaf Najia, said: “KIB strongly believes in the impor- tance of supporting the youth population in all possible ways, as they are truly the leaders of tomorrow. As a bank, we are keen on adopting and sponsoring various youth programs and initiatives as part of our dedicated social responsibility pro- gram. We actively seek to engage with this very important segment of the population, encouraging their innovative and visionary ideas and supporting their various projects, to enable them to play an active role in building their society’s future.” It serves to note that KIB’s social responsibility initiatives that target the younger generations student graduation projects, activities and events; program dedicates a big portion of its resources throughout various stages of their student lives, as participating in various career fairs, entrepreneur- towards supporting youth and youth-focused ini- well as initiatives that focus on engaging with them ial fairs and workshops; as well as supporting tiatives. The bank’s program includes number of at the start of their careers, including: sponsoring SMEs owned by young local talents. Established 1961 5 Local Wednesday, March 6, 2019 KIPCO, KFAS announce sixth annual Sharakah Forum and Workshops Bringing together key stakeholders involved in social responsibility By Nawara Fattahova by the KIPCO group, as for example in last year’s CSR Forum, to bring together key players involved in social KUWAIT: After the success of the Sharakah Forum in responsibility in Kuwait in order to take our work in this the past five years, the Kuwait Projects Company (KIP- field to the next level and increase our impact and effi- CO Holding) is holding the Sharakah Forum and ciency through greater coordination and collaboration. Workshops for the sixth year. It will be held from March We are proud to be leading the way in this arena, and 10 to 13, 2019 under the patronage of the Minister of hope to be able to contribute effectively to His Highness Commerce and Industry Khaled Al-Roudhan. the Amir’s New Kuwait vision for 2035, which empha- KIPCO held a joint press conference yesterday to sizes the role of partnerships in the road to develop- announce the partnership with Kuwait Foundation for the ment,” explained Omar. Advancement of Sciences (KFAS) to promote social Eighteen companies from the private sector will be responsibility in Kuwait, with an emphasis on cross-sec- participating in this year’s forum. “We are delighted that tor collaborations for social impact. The partnership will such significant private and public sectors representa- focus on the implementation of tives have agreed to join this this year’s Sharakah Forum and initiative. Their participation Workshops. shows that the biggest compa- KUWAIT: (From left) Fawzi Al-Musallam, CEO of Kuwait Hotels Company, Abeer Al-Omar, Group CSR The Sharakah Forum is a nies in Kuwait are aware and Director at KIPCO and Dr Bassam Al-Feeli, Director Innovation and Enterprise at KFAS attend the press yearly platform developed by Creating shared responsive to the needs of local conference. — Photo by Yasser Al-Zayyat KIPCO to bring together key NGOs. KIPCO group and its stakeholders involved in the value through operating companies look for- field of social responsibility in ward to a successful and pro- will be delivered by local, regional and international train- Speed Networking for Digitalization. The aim of these Kuwait, with an aim to foster collaboration ductive forum,” she added. ers, and will cover the following topics: Towards Digital workshops is to contribute to strengthening the role of the creation of shared value Transformation: Tactical Technology Planning; User local non-profits and increasing their ability to acquire through collaboration and Standard of living Centered Design for Social Impact; Bridging the Gap resources to promote their causes. The Sharakah Forum capacity building. This year’s Dr Bassam Al-Feeli, Director between Strategy and Operations; Digital Responsibility and Workshops are free of charge to all participating forum will include a main dis- Innovation and Enterprise at and Security, The Data Informed Organization, and organizations. Attendance is by invitation only. cussion panel about sustainability in the digital transfor- KFAS, noted the Sharakah Forum aims to develop activi- mation era with leading executives from the public, pri- ties in Kuwait and to improve the standard of living. “Our vate and non-profit sectors such as Faisal Hamad Al partnership with Sharakah meets the vision of KFAS. This 16, at the Radisson Blu Hotel Kuwait. Ayyar, Vice-Chairman (Executive) of KIPCO, Dr Salem year we will discuss digital transformation, which is one ABK sponsor Being hosted for the third consecutive year, this Al-Hajraf, Deputy Director General of KFAS, and Amal of our goals, which we aim to spread in the community Conference and Expo will bring together regional and Al-Mannai the CEO of Qatar Foundation for Social Work. and help other sectors reach it. Some institutions face dif- Psychological international experts to discuss the latest developments ficulties in applying this due to various factors. So we in the field. In addition, it will give exhibitors and partic- ‘Mix and Mingle’ believe that this forum is very important to resolve this ipants a chance to collaborate and exchange theories, The forum will also include a networking opportunity issue,” he pointed out. Fawzi Al-Musallam, Chief Association techniques, products and research findings. Since its titled ‘Mix and Mingle’ allowing NGOs to have the Executive Officer, Kuwait Hotels Company (KHC), noted establishment in 2010, MEPA is on a mission to alter the opportunity to communicate directly with representa- that KHC has been an important and active member of Conference perception of the psychology practice in the Middle tives from the private sector. “This platform creates the community, and as a member of KIPCO group, they East, so as to generate more acceptance towards men- opportunities for NGO representatives to meet new believe that hosting such an event is the least they can KUWAIT: In alignment with its commitment to tal health issues. By being a gold sponsor, Al-Ahli Bank companies and provides them with an opportunity to offer to help Kuwait’s leading NGOs with their efforts improve the communities it operates in, Al-Ahli Bank of of Kuwait will be able to support the conference organ- explain their strategy as a non-governmental organiza- and initiatives for the benefit of the society. “Over 300 Kuwait (ABK) is sponsoring the 3rd Middle East izers in creating the necessary awareness around men- tion,” said Abeer Al-Omar, Group CSR Director at KIP- representatives of Kuwait’s leading non-governmental Psychological Association (MEPA) Conference and tal health and psychology. In the past, ABK has partici- CO, during the conference. “Private sector representa- organizations and private and public sectors have con- Expo. The event aims to raise awareness on mental pated in numerous initiatives that were designed to tives will be able to share their platform and aspirations firmed their attendance at the event so far,” he added. health issues, bring attention to the nature of the psy- improve the overall social well-being of the Kuwaiti as a company and have direct access to different NGOs The one-day forum will be followed by three days of chology practice and destigmatize psychology patients. population and the Bank is continuously identifying making connections for future collaborations in the CSR workshops offered by KIPCO and KFAS to non-profit The conference will be held from March 14 to March domains that need support to bring about a change. department,” she added. organizations and social entrepreneurs interested in “This event builds on the efforts already undertaken increasing their financial sustainability. The workshops
KUWAIT: The Embassy of the Russian Federation host- ed a reception on the occa- sion of the Defender of the Fatherland Day at the embassy. Higher officials, diplomats, cross section of the Russian community and media personnel attended the event. — Photos by Joseph Shagra
Kuwait heads Near East, North Africa group at FAO
ROME: In a testament to its vital role, the State of Kuwait has been chosen on Monday for the sixth time in five years to preside over the Near East and North Africa group at the UN Food and Agriculture Organization (FAO). The group, which gathers Arab countries inside FAO, including the Arab League, Palestine, Iran, and Afghanistan, chose Kuwait to lead the group during its first regular meeting of the year. Kuwait’s Permanent Representative at FAO Yousef Juhail said he began leading the group from the beginning of March as supervisor. Juhail officially ROME: Kuwait’s Permanent Representative at FAO received leadership from Afghanistan Representative Yousef Juhail receives leadership from Afghanistan after election during their first meeting of 2019. Juhail Representative after election during their first meet- noted that Sudan has been chosen as Deputy ing of 2019. — KUNA President of the group. The Kuwaiti representative expressed gratitude towards the trust given to his to emphasize the role of the group in forming FAO country, vowing that Kuwait will relay the voice of the policies and guidance to best serve countries of the group during participations in the organization’s vari- group. Last June, FAO council elected Kuwait to be ous activities. Juhail also vowed to exert all efforts to Deputy President of FAO independent council, which boost cooperation among countries of the region, and includes 49 countries. — KUNA International Wednesday, March 6, 2019 Britain opposition party torn apart by Hair of the dogfighter: Indian pilot’s moustache all the fashion ‘anti-Semitism’ row Page 9 Page 8
KASHMIR: Kashmiri villagers look on as fire razes a house following a deadly gun battle between militants and Indian government forces in Tral area of Pulwama district, south of Srinagar yesterday. — AFP Fasten your seatbelts - and Hail India! Biggest military standoff with Pakistan triggers a rise in patriotism NEW DELHI: Air India has reminded cabin crews to Prime Minister Narendra Modi ahead of looming elec- crisis between the nuclear-armed Asian foes was tars over their de-facto border in Kashmir. follow all announcements with a rousing cry of “Hail tions. India’s excitable news channels have gone into sparked by a suicide bombing in Indian Kashmir that Indian media reports said that a Pakistani military India!” as nationalistic fervor grips the nation in its lat- overdrive and people have been flocking to a rip-roar- left 40 Indian paramilitaries dead on February 14. drone was shot down over northern India on Monday, est military standoff with Pakistan. “With immediate ing film about an Indian special forces incursion into India launched air strikes inside Pakistan 12 days lat- while Islamabad said yesterday it prevented an Indian effect, all are required to announce ‘Jai Hind’ at the end Pakistan-administered Kashmir. er, and an aerial dogfight between the two countries’ air submarine from entering its waters. Air India’s of every announcement after a slight pause and with Its catchphrase “How’s the josh?”-meaning “How’s forces over Kashmir broke out the next day. Tens of announcement yesterday also attracted mockery on much fervor,” the national carrier’s head of operations the fervor?”-has been widely quoted on and offline, thousands attended funerals and solidarity marches social media in view of the stricken airline’s crippling said in a circular. with government ministers employing it at political ral- around India for the 40 men, with some setting fire to debts. “Much welcome but before starting this Air A spokesman said the order was first issued in 2017 lies. An Indian fighter pilot who was shot down, cap- Pakistani flags. The group that claimed credit for the India should improve the service. Make the airline but that a reminder was required because new staff had tured and then released by Pakistan has become a attack is based in Pakistan. Islamabad’s release of the profitable. Keep up to schedule. Stop wasting taxpayer joined. It comes as India’s biggest military standoff with national hero, with some copying his handlebar mous- pilot last Friday eased international alarm although ten- money. Be customer friendly,” quipped Dinesh Joshi, Pakistan in years triggers a rise in patriotism, stoked by tache and even one baby named after him. The latest sions remain high, with both sides firing shells and mor- one Twitter user. — AFP
everything from Los Angeles. I’ve got to What are tornadoes and why are they so deadly? In impoverished keep the business going.” She knows it’s ille- gal but says she has little choice. With the bolivar losing value every day, it’s not possi- Venezuela, the ble to set prices in the local currency. “To buy a liter of milk you need this,” she dollar is king laughed, imitating an eight-inch high stack with her hands. Like the restaurant owner, Madeleine CARACAS: Whether paying for a manicure, doesn’t want to give her true name, nor that an evening gown or a liter of milk, in of her shop, nor be pictured or filmed. “I Venezuela the dollar can buy anything, so could have done like countless others and left long as you’re discreet. “Of course we take the country, but I preferred to stay and work dollars, we can even try your credit card, if it here,” she said. “But at any moment, the gov- works there’s no problem,” said a restaurant ernment could come and close my business,” owner in Caracas, keen to be both welcoming which only opened in mid-December. It’s not and pragmatic, and to remain anonymous. even a luxury store but the dresses she sells Given the South American country’s eco- cost around $50, eight times the minimum nomic crisis there’s no question about turning monthly wage of 18,000 bolivars-around $6. away a customer. Those who earn that much can just about Venezuela’s own currency, the bolivar, has buy two kilograms of rice and as much flour. been crippled by hyperinflation. Back in A manicure in an elegant Caracas shop- August, President Nicolas Maduro devalued ping mall costs $4 - the owner asks only that the bolivar by 96 percent as one of a raft of customers avoid paying with large bills as economic reforms he hoped would boost an she wouldn’t be able to find enough change. economy in meltdown. But the bolivar has Even shops selling Venezuela’s prime local ALABAMA: Residents look for belongings at a home after it was destroyed in a tornado in Beauregard, Alabama. — AFP lost 98 percent of its value since. A dollar is produce-cocoa and coffee-accept the now worth around 3,000 bolivars and the greenback. A small bar of chili chocolate rate is changing every day. costs $3. While supermarkets in Caracas dis- ALABAMA: A succession of tornadoes and will issue a severe thunderstorm or tor- How are tornadoes measured? It has left the salaries and savings of mil- play aisles of empty shelves, there are no ripped through Alabama’s Lee County on nado watch that lasts four to six hours. But a The National Weather Service measures lions practically worthless. The International such shortages at the covered market in the Sunday with winds of 150 miles per hour (241 tornado warning is not issued until a tornado tornadoes on the Enhanced Fujita (EF) Scale Monetary Fund says inflation will hit a mind- middle-class Chacao neighborhood. The kph), killing at least 23 people including chil- has been sighted or indicated by weather ranging from 0 to 5. At the low end, an EF boggling 10 million percent this year-it end- stalls offer fruit, meat, fish, fresh produce and dren in the deadliest such storms to strike the radar, the prediction center says. rating of 0 measures three-second gusts of ed 2018 at 1.3 million percent. Since 2003, a delicatessen-for those that can afford it. A United States in almost six years. wind from 65 to 85 mph (105 to 138 kph). At the government has tried to enforce a liter of long-life milk costs 8,000 bolivars: Where, when do tornadoes form? the high end, an EF rating of 5 measures gusts monopoly on foreign currency reserves. Its half the monthly minimum wage. Not every- What Is A Tornado? Most tornadoes are found in the Great over 200 mph (322 kph). The Alabama torna- detractors have accused top officials of one is struggling to make ends meet, though. Tornadoes, described as a violently rotat- Plains of the central United States, also does reached 150 mph (241 kph) for an EF exploiting the misery of the wider population Venezuela may be facing a humanitarian ing column of air touching the ground, are known as Tornado Alley, according to the rating of 3. by acquiring foreign currencies at official crisis and rising poverty due to the lack of nature’s most violent storms, capable of University Corporation for Atmospheric rates and then selling them for a huge profit basic necessities such as food and medicine- on the black market at a wildly inflated meaning people need dollars to survive-but killing people and wiping out neighborhoods Research. Tornadoes can form at any time Climate change in a matter of seconds, according to the US of year, but most occur in the spring and exchange. there’s another side to the country. “There’s a Warmer oceans can create the conditions National Weather Service. Tornadoes occur summer months along with thunderstorms. “We started doing it under the table,” lot of money in Venezuela,” said one person for more tornadoes, climate scientist Kevin when dry cold air moving south from Canada May and June are usually the peak months said the restaurant owner. “We started tak- who wished to remain anonymous. “I went to Trenberth told Scientific American, and may meets warm moist air traveling north from the for tornadoes. ing dollars two or three months ago, but if it a VIP restaurant on Saturday lunchtime, it Gulf of Mexico, according to the University have be responsible an increase in tornado was known it could hurt our business was full and it cost $150 for two,” she said. Corporation for Atmospheric Research. They Do tornadoes occur outside US? damage. But the link between tornadoes and because we’re supposed to declare every- She says there’s a nouveau riche in can strike with little warning, developing and Tornadoes occur most frequently in the climate change is unclear, according to the thing in bolivars.” Asked if it was illegal, he Venezuela, the “Chavista elite” who pros- added with a smile: “I don’t know, but it’s not pered under president Hugo Chavez, who dissipating quickly, the weather service said. United States, where there is an average of Center for Climate and Energy Solutions. US authorized.” Madeleine runs a small clothing died in 2013, and “who continue to make Most tornadoes are on the ground for less more than 1,000 recorded each year, and tornado records only date back to 1950, and shop with shiny dresses and sparkling shoes money” under his successor Maduro. than 15 minutes. Canada is a distant second with around 100 much of Tornado Ally was so sparsely popu- lated before then that tornadoes may have aimed at the middle classes that have some While they prosper, others have had to per year, according to the National Centers money to burn. resort to desperate measures. The United occurred without anyone seeing them. Can tornadoes be predicted? for Environmental Information. But tornadoes All prices are listed in dollars. “Of course! Nations estimates that 2.7 million Meteorologists at the weather service’s can occur anywhere and have been docu- Improved technology enables scientists to And if anyone asks, I calculate (the price) in Venezuelans have left the country since 2015 Storm Prediction Center can forecast general mented on every continent except Antarctica detect tornadoes now that may not have been bolivars at the day’s rate,” she said. and support their families back home with conditions that are favorable for tornadoes and in all 50 states. noticed decades ago. — Reuters “Otherwise I lose too much money. I import remittances. — AFP Established 1961 7 International Wednesday, March 6, 2019 In jab at Maduro, Guaido makes triumphant return to Venezuela Venezuelan opposition leader flouts a court-imposed travel ban
CARACAS: Venezuelan opposition leader Juan Guaido From Colombia, he traveled to Argentina, Brazil, returned to his country on Monday after flouting a Ecuador and Paraguay to shore up Latin American sup- court-imposed travel ban by touring Latin American port for a transition government that would precede free countries to boost support for his campaign to tighten and fair elections. On Sunday, he departed by plane regional pressure on President Nicolas Maduro. A from the Ecuadorean coastal town of Salinas but had crowd of cheering supporters greeted Guaido and his not appeared publicly since. Venezuelan media outlets wife as they stepped into the Maiquetia airport’s arrivals reported that he flew from Panama City to Caracas. He hall, and then sped to an opposition rally in eastern had kept details of his trip under wraps and he arrived Caracas where thousands had gathered to welcome him. without prior notice, meeting ambassadors for The return of Guaido, recognized by most Western European countries at the airport. nations as Venezuela’s legitimate head of state, signals Guaido calls Maduro a usurper and says his presi- that Maduro’s adversaries have at least temporarily dency is illegitimate after he secured re-election last avoided the arrest of a leader who has united the tradi- year in a vote widely considered a sham. Maduro retains tionally fractured opposition. control of state institutions and But it will also lift pressure on the apparent loyalty of senior Maduro to act against Guaido figures in the armed forces. as his authority continues to Asked by a reporter how he wane and the country’s eco- Maduro calls was received at the airport by nomic meltdown fuels malnu- Guaido a US immigration authorities, who trition and hunger. “Hope has could have prevented his entry been born and it will not die - puppet for violating the travel ban, things are going well,” Guaido Guaido said they addressed told the crowd at a plaza in him as president - a swipe at the Las Mercedes district. Maduro, who calls him a US “We are going to celebrate puppet. “Here’s my passport, this small victory today.” safe and sound,” Guaido said, CARACAS: Venezuelan opposition leader and self-proclaimed acting president Juan Guaido waves to the crowd He announced plans to meet with public employees, showing it to the crowd. The Information Ministry did during a rally upon his arrival in Caracas. —AFP who have been historically pressured by the ruling not immediately respond to a request for comment. Socialist Party to join pro-government rallies, as well as for a major march on Saturday. Guaido secretly left ‘Face justice’ new demonstrations. “If the regime has even a little bit posed that “all options be kept open” to topple Maduro, Venezuela for Colombia, in violation of a Supreme Court Maduro, who denies there is a humanitarian crisis in of conscience, they should not arrest Guaido because but foreign military intervention is seen as unlikely and his order, to coordinate efforts there on Feb 23 to send Venezuela, has said Guaido’s arrest depends on the jus- people truly would not put up with it,” said Franklin international backers are instead using a mix of sanctions humanitarian aid into Venezuela to alleviate widespread tice system. “He can’t just come and go. He will have to Lopez, a 60-year-old administrator. The United States and diplomacy. “President Guaido safely returned to shortages of food and medicine. But troops blocked face justice, and justice prohibited him from leaving the has warned Maduro of the consequences of arresting Venezuela today,” US National Security Adviser John convoys of aid trucks sent from Colombia and Brazil, country,” he told ABC News last week. Protesters in Guaido and the US Treasury imposed new sanctions on Bolton said on Twitter. “The United States fully supports leading to clashes that killed at least six people along Caracas on Monday, wearing dressed in white and Friday targeting Venezuelan military officials. Guaido and the National Assembly. His safety must be the Brazilian border, rights groups say. chanting “Freedom,” said arresting Guaido would spark After the military blocked the aid convoys, Guaido pro- guaranteed. The world is watching.” — Reuters
hypocrites in Paris.” Iran paper calls It was referring to the People’s Mujahedin Organization, an opposition group in exile that aims to overthrow for expulsion the Islamic republic in Iran. Kayhan also blamed France for the arrest of another In rural Nepal, of French Iranian diplomat by Germany in July 2018 on suspicion of involvement in the solar irrigation alleged plot to bomb an Iranian opposi- diplomats tion rally outside Paris the previous month. The diplomat, normally based in helps keep families TEHRAN: An ultraconservative Iranian Vienna, was extradited to Belgium for newspaper called yesterday for the prosecution. expulsion of French diplomats from the Kayhan, Iran’s second-oldest daily in together country, accusing France of expelling an circulation, is state owned and its man- Iranian diplomat on the basis of a “ludi- aging director and editor in chief Bhadri Sarki used to walk for more than crous accusation”. The Kayhan daily JUMLA: Hossein Shariatmadari was personally an hour to fetch enough water to irrigate just one demanded that the Iranian foreign min- appointed by Iran’s supreme leader apple tree. But since a solar-powered water pump istry reciprocate “the insolent and vile Ayatollah Ali Khamenei in 1993. Its was installed in her village, about 350 km (217 behavior of France in accusing and demand came a day after Iran expelled miles) northwest of Nepal’s capital Kathmandu, she expelling our diplomat from its soil.” two Dutch diplomats in retaliation for can hydrate her whole orchard in a few hours. “We The newspaper, considered to be the the Netherlands’ expulsion of two have a sufficient amount of water available in the mouthpiece of ultraconservatives in Iranian embassy staff in June 2018. field, and the only work left is to nurture the plants,” Iran, reported in October that an TEHRAN: In this file photo, placards with slogans against the British media are held up According to the Dutch foreign minister Sarki told the Thomson Reuters Foundation. Iranian diplomat had been expelled by during a rally held in Tehran. Farsi slogans reads: “Closing the British Embassy and BBC” Stef Blok, the Iranian diplomats had A local official and farmers said improved France without saying why. Neither the (right) and “Persian BBC against the Iranian government.” Threats, interrogations, asset- been expelled “due to strong indica- access to water was helping apple growers in the Iranian nor the French foreign ministries freezing: the BBC detailed the latest “escalation” in the “systematic targeting” by Iranian tions from (Dutch intelligence) that Iran mountainous region sell surplus produce to boost have denied or confirmed the report. authorities of its Persian Service journalists and their relatives. —AFP has been involved in the liquidations on incomes, reducing pressure on men to migrate in Yesterday the paper reported in a Dutch territory of two Dutch people of search of work. With an intellectually disabled front-page article that the diplomat had Iranian origin.” Iranian President Hassan Rouhani and world powers and cited US President daughter at home, and her house-builder husband been expelled on the basis of the “ludi- Kayhan has consistently been his Foreign Minister Mohammad Javad Donald Trump’s decision to quit the frequently in India, Sarki had found it difficult to crous accusation of attempting to opposed to the policy of detente with Zarif. It has ceaselessly attacked the accord as an example of the futility of find time for daily chores before the pump arrived. attack a meeting of the terrorist cult of Western powers pursued by moderate 2015 nuclear deal between Iran and dealing with Western powers. — AFP The mother-of-three suffered a uterine prolapse and heart-related problems due to her workload and had to visit hospital often, she said. The city’s average annual concentration of PM2.5 in a But with water now available on their doorstep, New Delhi is world’s cubic meter of air was 113.5 in 2018, the groups said in the family’s land is producing more, and there is Saudi Arabia their report, more than double the level of Beijing, less financial pressure for Sarki’s husband to go which averaged 50.9 during the year, making it the and work across the border. For Sarki and other most polluted eighth most polluted in the world. women in Jumla district in Karnali province - the welcomes Britain’s PM2.5, or particles of 2.5 micrometers or less in poorest in Nepal, and with less than a quarter of its capital, China’s diameter, is so dangerous because it lodges deep in the land irrigated - the new solar water pump is help- lungs. The World Health Organization sets a daily mean ing make a tough life easier. Installed about a year Hezbollah ban air quality guideline of 25 micrograms of PM2.5 per ago by development agency Practical Action, the capital eighth cubic meter of air. China struggled for years to enforce RIYADH: Saudi Arabia yesterday welcomed pump was funded by the European Union and environment rules and crack down on polluting indus- Britain’s decision to outlaw the political wing of Jersey Overseas Aid, a state development agency, NEW DELHI: New Delhi was the world’s most pollut- tries, but it has benefited in recent years from vastly Lebanon’s Hezbollah movement, describing it as an at an initial cost of 1.3 million rupees ($11,465). ed capital city in 2018, two groups monitoring air pol- improved legislation and greater political will to com- “important and constructive” step. Britain announced About 14 solar panels produce enough power to lution said yesterday in a study of the amount of fine bat poor air quality. on February 25 it would seek to make membership of pump 20,000 litres of water per day up from the particulate matter known as PM2.5 in 61 capital cities “In mainland China, in particular, this has led to sig- the Shiite movement or inviting support for it a crime. Tila River, which is collected in storage tanks and around the world. The Indian capital, home to more nificant improvements in year-on-year reductions in The decision followed outrage over the display of the distributed to fields as needed. Menila Kharel, than 20 million people, was followed by the Bangladesh PM2.5 levels,” the groups said in their joint study. India Hezbollah flag, which features a Kalashnikov assault knowledge management coordinator at Practical capital of Dhaka and Kabul, capital of Afghanistan, is home to 15 of the 20 most polluted cities in the rifle, at pro-Palestinian demonstrations in London. Action, said the pump lifted water 90 meters (295 according to the study by IQ AirVisual, a Swiss-based world, they said. “The question which remains to be “Categorizing the (Hezbollah) militia, which is ft), and served 70 households in Dhaulapani vil- group that gathers air-quality data globally, and answered is whether there is enough political will to backed by Iran, as a terrorist organization is an lage, which has no electric power connection. The Greenpeace. aggressively fight the health emergency India faces important and constructive step in combating terror- UK-based charity has installed six solar pumps in New Delhi’s toxic air is caused by vehicle and indus- today and move away from polluting fuels and prac- ism around the world,” said a foreign ministry source, different parts of Jumla - famous for its apples, trial emissions, dust from building sites, smoke from the tices,” said Pujarini Sen, spokeswoman for Greenpeace according to the official Saudi Press Agency. walnuts and a rare local rice - as well as in neigh- burning of rubbish and crop residue in nearby fields. India. — Reuters “Britain’s decision is in line with the decision Saudi boring Mugu district. Arabia has taken towards the terrorist party, both politically and militarily.” Erratic snow London’s move was welcomed by other foes of The local government has decided to replicate Iran, Hezbollah’s key supporter, including the United the scheme on a larger scale in other parts of Jumla States and Israel. Hezbollah meanwhile said Britain district after its success in Dhaulapani. Gangadevi had “insulted the sentiments and the will of the Upadhyay, deputy head of Tatopani rural munici- Lebanese”. In 2016, the Gulf Cooperation Council- pality, said the local authority had started putting in which includes regional powerhouse Saudi Arabia, a solar pump in Dagivada village, with an estimated Bahrain, Kuwait, Oman, Qatar and the United Arab budget of 10 million rupees, which would benefit Emirates - designated Hezbollah a “terrorist” almost 300 households. “This technology is espe- organization. Hezbollah was established in 1982 dur- cially beneficial to women in Jumla where they car- ing Lebanon’s civil war and is now a major political ry out most of the work in the fields,” she added. party in the country, holding three cabinet posts. Tika Ram Sharma, a senior officer for the Prime Britain blacklisted Hezbollah’s military wing in 2008 Minister’s Agriculture Modernization Project, a but had until now made no move against its political 10-year government effort, said Jumla had plenty wing. However, British Foreign Secretary Jeremy of sunshine nearly all year round, while the Tila is a Hunt said last Monday that any distinction between perennial river. Both renewable resources had its military and political wings “does not exist”. The gone untapped, but the solar-powered pump meant they were now being fully utilized, he US designated Hezbollah a foreign terrorist organi- NEW DELHI: A dog stands at the top of a mountain of garbage as birds fly overhead at the Ghazipur landfill site in added. —Reuters zation in 1997. — AFP New Delhi yesterday. — AFP 8 Established 1961 International Wednesday, March 6, 2019 Britain opposition party torn apart by ‘anti-Semitism’ row The row exposes deep divisions in Labor Party
LONDON: Britain’s main opposition Labor party is in ‘Witch-hunt’ turmoil over mounting allegations of anti-Semitism on Matters first came to a head in March last year when leftist leader Jeremy Corbyn’s watch - and the party’s a series of incidents and events led to the rare step of way of dealing with the issue. The row has exposed British Jewish leaders writing a joint letter claiming deep divisions between Labor members denouncing “enough is enough”. Protests were held outside parlia- Corbyn’s complacency, and his hard left supporters ment. The letter claimed a “repeated institutional failure” defending him to the hilt. within Labor to tackle the problem and accused Corbyn Nine MPs have quit the party in recent weeks to sit as of siding with anti-Semites “again and again”. In July, independents, with many citing alleged anti-Jewish the party drew up a new code of conduct on anti- racism seeping through Labor’s ranks as a primary rea- Semitism — but it stopped short of signing up in full to son. One of them, the Jewish lawmaker Luciana Berger, the definition drawn up by the International Holocaust received death threats amid a slew of abuse. She con- Remembrance Alliance. cluded that the party has become institutionally anti- Peter Mason, national secretary of the Jewish Labor Semitic since Corbyn took over in 2015. Adam Langleben, Movement, told AFP that the relationship between the 32, who is Jewish, joined Labor in 2006 but quit in party and the community was now “fundamentally frac- February. “I decided to leave tured”. However, Jenny because the party is no longer Manson has a different point the party I decided to join 13 of view. Co-chair of the pro- years ago,” Langleben said. Nine Corbyn Jewish Voice for He was elected to the local Labor group, she told AFP authority in Barnet, north lawmakers that she had “never experi- London, a borough with a sig- enced anti-Semitism in the nificant Jewish community. quit Labor Labor Party”. She said the Losing his seat in last May’s allegations had “a quality of a local elections, he said the party witch-hunt, McCarthyism” backlash at the polls was about them, and were aimed at LONDON: Opposition Labor Party leader Jeremy Corbyn holds a rose as he arrives at Finsbury Park mosque to because “Jewish voters did destabilizing Corbyn’s leader- mark national ‘Visit my Mosque Day’ in London. Now in its’ fourth year, Visit My Mosque Day is a national event, not want to vote for the Labor ship, which has veered away with other 250 mosques taking part, opening their doors and welcoming non-Muslin guests and visitors. — AFP Party”. He said he received death threats and a “torrent from its centrism under former prime ministers Tony of abuse” from Labor members who claimed that he was Blair and Gordon Brown working for the Israeli government, while hate mail was Discussion of stereotypes and conspiracy theories anti-Semitism. However, the party’s handling of the sent to his home address. Conspiracy theories associated with Jews has flourished online. “They draw issue continues to provoke turmoil. Last Wednesday, Langleben submitted a dozen complaints to the party How did a party, whose last leader Ed Miliband was on the idea that Jews are exerting a malign conspirator- Labor MP Chris Williamson was suspended following which went nowhere. Eventually, he threw in the towel. Jewish, find itself in such a situation? Professor David ial power through their supposed control of interna- claims that the party has been “too apologetic” about The polemic has been running since veteran socialist Feldman, director of the Pears Institute for the Study of tional finance, sometimes of the media,” said Feldman. anti-Semitism. At the weekend, general secretary Jennie Corbyn came to power in the party, bringing an influx of Anti-Semitism at the University of London, said surveys Jon Lansman, who founded the pro-Corbyn grassroots Formby and deputy leader Tom Watson engaged in a new members with him. Corbyn, 69, has spent his politi- suggested anti-Semitic attitudes were no more wide- Momentum movement, said on Twitter last month: “Of heated war of words about how complaints should be cal life backing pro-Palestinian causes. He insists he is spread within Labor than other parties. However, two Labor’s 500,000 members, perhaps a few hundred are dealt with. Some have given up trying to fix the prob- not anti-Semitic and has pledged to “root out” the subjects get the Labor left “to talk about Jews”: one is the hardcore anti-Semites. “If we improve our processes, lem, like Langleben, who now supports the fledgling problem which he recognizes has “occurred in pockets” conflict between Israel and the Palestinians and “the other we can make sure they are kicked out.” In August, Independent Group created by Berger and others who within the party. is the left populist critique of corrupt elites”, he said. Corbyn admitted that Labor had a “real problem” with fled the Labor ranks. — AFP
News in brief They are also pinpointing alleged US Democrats’ attempts to cover up a June 2016 cam- paign meeting in Trump Tower with a French prison attack Russian lawyer, and to hide former goal in Trump negotiations for a Trump real estate CAEN: A prison inmate in northwestern France seri- project in Moscow during the 2016 cam- ously wounded two guards yesterday in a knife attack probe: Proving paign. And they are pursuing documents that justice officials said was being investigated as a and information that might show whether terror incident. The 27-year-old inmate, considered a Trump illegally dangled pardons to for- “radicalized” Islamist, attacked prison staff while shout- obstruction, mer aides to discourage them from ing “Allahu Akhbar” (God is Greatest), prison staff rep- implicating him in any crimes. resentative Alassanne Sall said. He then retreated into a room with his wife who was visiting him at the high- collusion Collusion security facility in Conde-sur-Sarthe in Normandy, the The second focus of the requests is justice ministry said in a statement. “It was truly a mur- WASHINGTON: US Democrats’ possible collusion with Russia, and a der attempt. There was blood everywhere. The family- sweeping demands for documents from concern that Moscow might have lever- visiting unit was a battle scene,” said Sall, from the 81 individuals, companies and organiza- age over the US leader. Democrats want Force Ouvriere trade union. — AFP tions linked to President Donald Trump documents on whether Russians lent to show they are pursuing several possibly or invested money in Trump companies, and whether the Trump Organization Pakistan detains ‘militants’ impeachable offenses. The massive doc- WASHINGTON: US President Donald Trump addresses the National Association ument requests, the result of the helped Russian real estate customers of Attorneys General in the State Dining Room of the White House in Democrats gaining power in the House launder money. ISLAMABAD: Pakistan has detained dozens of Washington, DC. — AFP of Representatives in January, focus on They also want to know about any alleged militants after a suicide attack in Indian-held four areas: discussions that a dozen Trump aides or Kashmir last month which sent tensions between the associates may have had with Russians Hush payments to the patronage of Trump businesses, nuclear-armed foes soaring, its interior minister said Obstruction on the Trump administration lifting US Democrats want more information on like the Trump International Hotel in yesterday. Among those detained in Islamabad’s latest Democrats want to know whether sanctions on Moscow. The requests also what Trump’s former lawyer described Washington, by US and foreign officials crackdown on banned groups was Abdul Rauf - who Trump sought to illegally obstruct the target the Republican decision in July as “catch and kill” operations to silence and dignitaries seeking to curry favor a security source told AFP is a younger brother of Justice Department’s investigation into 2016 to moderate the official party people or news stories that could dam- with the president. If the Trump Masood Azhar - the leader of Pakistan-based militant possible collusion with Russia. Their stance against Russian interference in age Trump’s image. That includes Organization has knowingly profited group Jaish-e-Mohammad (JeM) that claimed requests hone in on a number of actions Ukraine, and seek information on Trump Trump’s years of cooperation with the handsomely by this business, it could responsibility for the February 14 attack. Rauf had by the president that might support this campaign contacts with WikiLeaks and National Tabloid Enquirer. Trump’s ex- violate the US constitution’s “emolu- been named in a dossier of evidence in that attack conclusion: the dismissal of Trump’s any sharing of data, like polling data, lawyer Michael Cohen has already impli- ments” rules which seek to prevent a given to Pakistan by India, the interior ministry said. national security aide Michael Flynn, the between the campaign and Russia. cated Trump in the illegal use of cam- president from making a business out of “We have launched a crackdown against proscribed firing of FBI director James Comey, and Democrats are also demanding docu- paign funds to pay off one woman who his White House tenure. They also organizations and have taken 44 individuals into cus- Trump’s alleged pressure on attorney ments on the content of Trump’s three had claimed an affair with the president. appear to be examining whether the tody, including Mufti Abdul Rauf and Hammad Azhar,” general Jeff Sessions and several senior meetings with Russian President Trump campaign received illegal dona- state minister for the interior Shehryar Afridi told Justice Department and FBI officials Vladimir Putin, which the White House Profiting from office tions or benefits from Qatar, United Arab reporters in Islamabad. — AFP seen as not loyal or hostile. has refused to divulge. Democrats want documents relating Emirates, and Saudi Arabia. — AFP
Child marriage in Lebanon Brexit minister Stephen Barclay for BEIRUT: Hundreds protested in Lebanon against Brexit talks talks that start at 1700 (1600 GMT). child marriage, demanding lawmakers forbid unions “We’re now at a particularly critical below the age of 18, in a country where some faiths stage in these negotiations,” said a allow girls to be wed at 14. Organized by civil society resume; spokesman for British Prime Minister groups, the rally attracted women of all ages-and Theresa May on Monday. some lawmakers-who marched on parliament in the divorce day capital Beirut, an AFP photographer said. Some car- ‘Running the show’ ried placards with slogans reading “Not before 18” Cox’s presence is seen as central to and “Stop early marriage”. Abir Abdel Razeq, a 22- looms the meeting, as he will ultimately offer a legal opinion on the Brexit deal and the year-old who carried her young daughter in her arms, BRUSSELS: The EU’s chief Brexit said that she married at 14. “I hope that my daughter negotiator Michel Barnier meets Britain’s Irish backstop that could determine does not get married early, and that she finishes negotiating team yesterday as both sides whether key MPs in the British parlia- school-I hope that she will not marry before she is seek a breakthrough with just weeks to ment will approve the accord. Earlier 22”, Razeq said. — AFP go before this month’s ominous divorce disfavourable advice by Cox was deadline. The sitdown comes after viewed as a contributing factor in the defeat of May’s deal by MPs in January. Barnier said on Saturday that the LONDON: Britain’s Secretary of State for Exiting the European Union (Brexit Liberia bank scandal “Cox is running the show,” a senior European Union was ready to give Minister) Stephen Barclay (right) and Britain’s Attorney General Geoffrey Cox London further guarantees to help push EU source said. “We are trying to find a MONROVIA: Five once senior figures at the Liberian leave after the weekly cabinet meeting at 10 Downing Street yesterday. — AFP a troubled divorce deal through the junction between our positions and we Central Bank, including the son of long-serving former British parliament. Barnier also suggest- are not there yet,” the source added. president Ellen Johnson Sirleaf, were charged Monday ed European leaders would be amenable But despite that defeat, EU leaders backstop. They have also set up a team of EU law, triggering a two-year with criminal conspiracy and “economic sabotage” to a short “technical” delay in Britain’s insist that the withdrawal agreement of lawyers to scrutinize anything that countdown to Brexit that ends at 11pm following a probe into a banknote printing scandal. A departure from the EU, scheduled for will not be reopened, and talks in Cox brings back from Brussels. “Many (2300 GMT) on March 29. Both sides Monrovia court ordered former deputy governor March 29, to give parliament time to for- Brussels are focused on drafting a sep- Tories who dislike May’s deal are reluc- are furiously trying to steer away from Charles Sirleaf, ex-bank head Milton Weeks and bank mally ratify a final divorce deal. arate document to placate doubters in tantly coming round to the idea of vot- a dreaded “no-deal” divorce with the official Dorbor Hagba to be held in jail pending the His small overture to Britain has London. Also raising hopes are the soft- ing for it,” said Eurasia Group analyst EU that could wreak havoc on global scheduling of their trial. Another two suspects still raised hopes that both sides can find a ening positions of several hardline Mujtaba Rahman, a former UK official. markets and create border chaos. being sought face similar charges over their handling solution, including to the so-called Brexit supporters in May’s Conservative “Regardless of what he gets” from British MPs last week agreed to give of billions of Liberian dollars. The crowded court “backstop” plan for the Irish border, a party who have dropped their demand Barnier, “Cox will reverse his previous May more time to get her changes heard that between 2016 and 2018, Sirleaf “purposely major sticking point for pro-Brexit MPs. that changes to the backstop be made legal advice that the UK could be from Brussels, but if she cannot get her with wicked and criminal intent connived and con- Barnier, a former French foreign minis- to the withdrawal treaty itself. trapped ‘indefinitely’ in the backstop,” deal passed by March 12, she has spired with other officials” to print local currency but ter, will meet in Brussels with Britain’s But most of them continue to press Rahman predicted. agreed to let parliament vote for a also pocket some of the proceeds. — AFP attorney general Geoffrey Cox and for a time limit or exit clause to the In 2017, Britain invoked Article 50 possible Brexit delay. —AFP 9 International Wednesday, March 6, 2019 India, Pakistan resume barter trade amid tension in contested Kashmir More than two dozen killed since Feb 14 suicide attack
SRINAGAR: India and Pakistan resumed trading association in Indian-administered Toll rises barter trade at a border crossing in Kashmir Kashmir. “We neither meet traders of Pakistan Indian security forces continued a cam- yesterday, an Indian official said, but tension nor can check the quality of the imported paign against militants fighting for inde- in the contested region continued with a gen- goods until they reach us.” pendence from India, in the wake of the Feb eral strike and more fighting between Indian Ashfaq Ahmad, a trader in Srinagar, the 14 attack that killed at least 40 paramilitary security forces and separatists. Hostilities capital of Indian-administered Kashmir, said police. Two militants of the separatist between the nuclear-armed neighbors esca- that he quotes rates on WhatsApp with his Hizbul Mujahideen were killed in a gun bat- lated dramatically late last month, after an Pakistani counterpart. “I send cumin and chilli tle with Indian troops in South Kashmir’s Indian air strike on what it said was a militant seeds to Pakistan and in return order prayer Pulwama district yesterday. Both militants group that carried out a suicide attack in the were locals, said Tahir Saleem Khan, a Pulwama district of Indian-controlled police official. Kashmir on Feb 14. Since the Pulwama attack, 15 militants Both sides, which claim Kashmir in full have been killed in six separate gun battles but rule in part, said they downed enemy Strike in in Kashmir. Twelve Indian security person- jets for the first time in decades, and firing nel were killed during the operations, while along the border became a common sight, Srinagar over two civilians also lost their lives. Cross-bor- disrupting trade and travel. Trade across the Jamaat-e-Islami der shelling between India and Pakistan has border, known as the Line of Control (LoC), killed four civilians, with 18 injured includ- was part-suspended after repeated mortar ban ing seven Indian troops. and small arms fire at Uri, a border town Several trading groups called a strike where the exchange of goods takes place. yesterday to protest a ban on the Jamaat- But yesterday the route re-opened after e-Islami (JeI) political movement that firing in the region eased, said Riyaz Ahmad wants independence. Indian police have Malik, an official in the Indian-controlled part mats and cloth,” he said. “If there is any differ- arrested more than 300 leaders and activists of Kashmir. Thirty-five trucks left for Chakothi ence, it is adjusted in the next consignment. It belonging to JeI, alleging it has links with the on the Pakistani side of the border with a sim- is all trust-based trade but it is working.” militants. The group denies this. Shops and ilar number moving in the opposite direction, Indian traders export cumin, chilli pepper, businesses were closed in many areas of KARACHI: Supporters of the All Pakistan Muslim League Quid (APMLQ) hold national flags beside a he said. Trade across the LoC operates on a cloth, cardamom, bananas, pomegranate, Srinagar, and traffic was thin on the roads. replica of a missile during an anti-India protest in Karachi yesterday. Tensions between India and barter system, where no money is exchanged. grapes and almonds. Prayer mats, carpets, Police and paramilitary troops were heavily Pakistan raged on March 2 as heavy firing by their armies killed at least seven people on either side of “This trade is heavily dependent on the trust cloth, oranges, mangos and herbs return from deployed in sensitive areas of the city and their fiercely disputed Kashmir border. —AFP factor,” said Pawan Anand, president of a local the Pakistani side. other major towns. —Reuters
reiterated that Canada considers China to have arbi- world in dealing with such cases involving national Trudeau ‘concerned’ trarily detained both Kovrig and Spavor. “The safety security cases,” foreign ministry spokesman Lu Kang and security of Canadians is always first order for this said at a regular briefing Monday. China will handle Hair of the government, and that’s why we’ve been engaging and their case in “strict accordance with the law, guarantee as Chinese suspects standing up for the two Canadians who’ve been arbi- the legitimate rights of Kovrig and Spavor,” and trarily detained by China from the very beginning,” arrange for consular visits, a Communist Party organ dogfighter: India Canadian of spying Trudeau said. overseeing state and public security said on a news Kovrig, who now works for the International Crisis website it operates. pilot’s moustache MONTREAL: Prime Minister Justin Trudeau has voiced Group think tank, had often entered China using a non- Meanwhile, Meng, 47, has filed suit against strong concern that China suspects a detained former diplomatic passport and business visas and has been Canadian authorities for violating her constitutional Canadian diplomat of spying and stealing state secrets. gathering intelligence since 2017, Xinhua said. The new rights when she was detained at Vancouver all the fashion The allegations against Michael Kovrig mark a new esca- allegations come three days after Canada launched the International Airport. Her lawyers charge impropriety AHMEDABAD: Men across India, stirred into lation in the diplomatic row between Beijing and Ottawa extradition process against Meng, angering Beijing, in the conditions under which Meng was interrogated patriotic passion by an air force pilot shot down in stemming from Canada’s arrest of Meng Wanzhou, an which called the action a “severe political incident.” for three hours by the customs officers, officially as part a dogfight with arch-rival Pakistan, are copying the executive from Chinese telecoms giant Huawei. Meng is set to appear in court in Vancouver on of a routine inspection, before being served with her facial hair of their new hero. Tension between the “We are obviously very concerned with the position Wednesday to schedule a date for her extradition hear- arrest. During those three hours, the customs officers nuclear-armed neighbors escalated late last month that China has taken,” Trudeau told reporters. China’s ing. The United States wants to put her on trial on fraud searched her phones and computers as well as her lug- when both countries claimed they downed enemy official news agency Xinhua had earlier reported the charges for allegedly violating Iran sanctions and lying gage in violation of her rights, the lawyers said. jets, with Pakistan capturing a pilot, in an ongoing allegations against Kovrig and said that businessman about it to US banks. The US Justice Department accuses Huawei and its dispute over the Kashmir region. Michael Spavor, another Canadian in Chinese deten- chief financial officer of circumventing US sanctions The pilot, Wing Commander Abhinandan tion, was one of Kovrig’s main intelligence sources. The Meng files lawsuit against Iran, but also, via two affiliates, stealing trade Varthaman, crash-landed in Pakistan-controlled pair were detained in December in what observers see Ottawa has said interrogations of Kovrig breached secrets from US telecommunications group T-Mobile. territory on Wednesday. After attempting to flee on as retaliation just days after Canada arrested Meng, the the Vienna Convention on diplomatic relations-allega- The daughter of Huawei’s founder, Meng was released foot, firing his pistol in the air to deter stone-throw- chief financial officer of Huawei, at the request of the tions Beijing flatly rejected. A group of Canadian par- on parole in mid-December in Vancouver, where she ing locals, he became the human face of the crisis. United States. liamentarians had earlier complained to Chinese owns two residences, on a bond deposit of C$10 mil- He was released by Pakistan on Friday. Barbers in Chinese authorities had previously said the two authorities that Kovrig and Spavor have been denied lion ($6.6 million), wearing an electronic bracelet and several cities in India said they had received Canadian men were under investigation on suspicion of access to lawyers and remain in “completely unaccept- handing over her passports. The extradition procedure requests to copy Abhinandan’s facial hair, a distinc- endangering national security, and spying charges able” detention conditions. can take months or even years because of the many tive hybrid of a horseshoe moustache and mutton “China’s approach is no different from the rest of the appeal possibilities. —AFP chop sideburns. could expose them to tough prison sentences. Trudeau “Everybody follows Bollywood and celebrities’ style but he is the real hero of our country,” said been killed in clashes with security forces and half a office in Burundi after a 23-year presence in the Dhiren Makvana, 30, the manager of a fitness club, Burundi forces UN million have fled abroad since President Pierre country,” Bachelet, a former Chilean president, said in as he had his beard sculpted at a barber shop in the Nkurunziza announced in 2015 he would run for a third a statement. western Indian city of Ahmedabad. Makvana’s bar- term in what many saw as a breach of the constitution. She said advancements in human rights in Burundi ber, Rajesh Nai, said that three people had come to shut its human He won re-election and in 2016 Burundi suspended had been jeopardized since 2015 when Nkurunziza into his shop in the last day alone requesting the all cooperation with the UN human rights office in announced his re-election bid, which sparked major style, that India’s newspapers are calling “the gun- rights office Burundi after a UN-commissioned report accused the protests and a security crackdown. Burundi rejected slinger”. Another man copying Abhinandan, Bujumbura government and its supporters of being the 2016 UN report as “lies” and when the UN Human Mahammed Chand, told Reuters partner ANI in the responsible for crimes against humanity. Yesterday Rights Council considered renewing the investigation GENEVA: Burundi has forced the United Nations to southern city of Bangalore: “I’m his fan, we follow Bachelet said the Burundian government had declared in 2017, Burundi offered to accept UN rights experts shut its local human rights office after 23 years, UN him. I like his style: he is the real hero.” —Reuters it had made sufficient progress in human rights so the instead. But the rights council voted both to renew High Commissioner for Human Rights Michelle UN rights office in Bujumbura was no longer justified. the investigation and to send the experts, infuriating Bachelet said yesterday. Hundreds of Burundians have “It is with deep regret that we have had to close our the Bujumbura government. —Reuters 10 Established 1961 Analysis Wednesday, March 6, 2019
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Mexico’s Indians fight to stop mining
on ancestral land A picture taken on Oct 31, 2018 shows polar bears feeding at a garbage dump near the village of Belushya Guba, on the remote Russian northern Novaya Zemlya archipelago, a tightly-controlled military area where a village declared a state of emergency in February after dozens of bears were seen entering homes and public buildings. —AFP fter nearly 20 years of wrangling, a group of Nahua Indian villagers could make legal history in Mexico Athis month when a court rules on a land dispute involving a Canadian miner. A lawyer for villagers of Tecoltemi in the central Mexican state of Puebla said it was Russia Arctic plans add to polar bears’ woes the first time a court would rule on whether the country’s mining law - which gives priority to mining activities over ast month’s visit by roaming polar bears that having lost 20 weeks of ice a year over the last few bears,” he said. “But now it’s all starting again.” other land use - was constitutional. Previous cases had only put a Russian village on lockdown may be just decades, according to Polar Bears International. “Ice Moscow announced in 2014 that the Arctic was a recognized indigenous people’s right to prior consultation, the beginning. For as Moscow steps up its monitoring shows that previously, ice near Belushya strategic priority for its military. Kochnev in 2015 said Itzel Silva of the Fundar Centre for Analysis and L activity in the warming Arctic, conflict with the rare Guba formed in December,” said Ilya Mordvintsev wrote an emotional blog post after a bear near a mil- Research, a non-profit in Mexico. “That’s why this case is so species is likely to increase. More than 50 bears from the Severtsov Institute in Moscow, who was in a itary construction site on Wrangel island swallowed important,” said Silva. For a century Mexico has granted indigenous people approached Belyushya Guba, a village on the far group of scientists flown out to aid the village. an explosive flare. He criticised the new base, and legal title to ancestral lands, but many have seen mining northern Novaya Zemlya archipelago, in February. As “For thousands of years, they migrated this time of was fired from his job in a national park as a result. firms given rights to that land after the government priori- many as 10 of them explored the streets and entered year to hunt seals. This year they came to the shore Current instructions regarding polar bears focus on tized mining over other land use in the 1990s, lawyers said. buildings. Local authorities declared a state of emer- and there was no ice.” Since the incident, ice has how to ward them off, he said. But the priority should The case, to be heard in a federal court in Puebla, concerns gency for a week and appealed for help from formed and the bears have left land to hunt, he said. be fortifying facilities to prevent any contact. “Put two concessions awarded to Minera Gorrion, a local sub- Moscow. “But it’s impossible to rule out a repeat of the situa- yourself inside a cage and let the bears roam sidiary of Canada’s Almaden Minerals, which has caused Photos of the incident went viral, with some tion in the coming years.” around,” he said in advice to Arctic developers. divisions among villagers while pitting some against the observers blaming officials for ignoring a sprawling And as more humans come to Novaya Zemlya, the Mordvintsev, however, said this would not work on company. garbage dump nearby where the animals feasted on likelihood of human-bear conflict increases. A Novaya Zemlya, where winds would turn any fence It was filed against the economy ministry - which is food waste. But polar bear experts say the main rea- Soviet-era nuclear weapons testing site, Novaya into a giant snowdrift for bears to walk over. responsible for mining - on behalf of some villagers, who say son the Arctic predators came so close to humans Zemlya remains a restricted territory. But following a Belushya Guba is planning to install cameras and exploration activity on gold and silver deposits has contami- was the late freezing of the sea. It was this that kept post-Soviet hiatus, the military has put up new build- address its waste problem, he said. Already all nated local water sources. The ministry did not respond to them from hunting seals and sent them looking for ings and an aerodrome. A new port is under con- arrivals to the local airport listen to a mandatory lec- several requests for comment. A spokesman for Minera alternate food sources. struction, in tandem with imminent plans to mine the ture on polar bear behavior. Moscow’s plans to Gorrion said in an email the company has abided by rules set And as Russia increases its footprint in the Arctic, giant Pavlovskoye lead and zinc deposit. New contin- develop the Northern Passage also pose a problem by environmental regulators, who had found no irregularities. pursuing energy projects, Northern Passage naviga- gents of military police were deployed to Belushya for polar bears in the region, he said. “Constant use Almaden Minerals did not respond to repeated requests tion and strategic military interests, experts expect Guba in 2018. The community, which has schools and of icebreakers through ice where seals give birth for comment. Minera Gorrion said the Canadian company more clashes between humans and bears. a large sports complex for military families, numbers affects populations of seals” which bears feed on. would only comment on the project through its Mexican “Development in the Arctic will definitely increase over 2,000 people. Putin last year ordered an increase in the capacity subsidiary. Silva said a ruling for the villagers - who live high conflict with humans, especially now that the polar of the Northern Passage, touted as an alternate trade in the Sierra Norte mountains - could set a precedent for other claims to try to overturn the law that prioritises mining bear is losing its life platform in several regions and Soldiers vs bears route to Asia, from the current 18 million tonnes to over other land use. Mexico is the world’s top silver produc- coming ashore,” said biologist Anatoly Kochnev, who Kochnev remembers the damage caused by 80 million tonnes by 2024. Kochnev said bears have er and one of the largest producers of copper and gold. The has studied polar bears in the eastern Arctic since Soviet missile defense personnel previously sta- been able to adapt so far to unfavorable trends, mining sector contributes about 4 percent of Mexico’s gross the 1980s. tioned on the east Arctic’s Wrangel Island. In learning to feed in groups rather than hunt in soli- domestic product. 1991, soldiers drove an axe into the head of a tude. But if warming continues, “polar bears will sim- World’s fastest-melting ice polar bear after it had got used to feeding on dis- ply leave Russia”. “If the ice-free period increases by Long history Novaya Zemlya, an archipelago of two islands carded scraps and become aggressive. Biologists another two-three weeks, they will likely migrate to The case dates back to 2003 when Almaden Minerals’ between the Kara and Barents seas, is a good exam- from the island’s nature reserve never found the northern Canada, where changes have been less local arm, Minera Gavilan, was awarded a 27,000-acre tract ple of Moscow’s new frontier that falls inside the injured animal, he said. “When they left a year noticeable,” he said. The ones that stay behind on in Puebla state. In 2009 it received a second site of about polar bear habitat. Bears in the Barents Sea are see- later, we were relieved. Only reserve staff Russian soil, meanwhile, will eventually get killed off 7,400 acres. Both were later transferred to Minera Gorrion, ing the fastest ice reduction of the species’ range, remained, who knew how to behave around in conflicts with humans. —AFP another local subsidiary, Silva said, citing court documents. Boundaries of both concessions overlapped land claimed by residents of Tecoltemi near the town of Ixtacamaxtitlan, which lies about 140 km east of Mexico City. Barr faces daunting Indigenous leader Victor Martinez Lobato said villagers Teeny handbag a were not consulted on the two concessions and their impact. “The effects (of mining) on the air, on the water, worry us,” decision on release said Lobato, pointing to a map showing the concessions. In fashion sensation 2015, the Fundar center sued the economy ministry on behalf of the Tecoltemi villagers. The court in that case of Russia report t’s so small wags joke that it ordered that any changes to the concession boundaries be can only hold a Tic Tac. But ewly installed US Attorney General William Barr must French brand Jacquemus’ tee- suspended until the federal court issued its ruling. walk a political and legal tightrope in deciding how much I ny weeny bag, “Le Mini The following year, Minera Gorrion decided it would of Special Counsel Robert Mueller’s report on Russia’s hand back to the government about 17,000 acres around N Chiquito”, is arguably the biggest role in the 2016 election to disclose, balancing competing thing at Paris fashion week. Never Tecoltemi, it told the Thomson Reuters Foundation by email, demands from President Donald Trump and congressional on the grounds that it had not conducted any mining activity has something so tiny excited so Democrats, legal experts said. The decision presents Barr, a veter- US Attorney General William Barr addresses the much fashion passion - and hilari- there. Minera Gorrion said it had acted “in good faith” and an Washington insider, with his first major test since becoming the responded to the community’s request by relinquishing land. National Association of Attorneys General in the State ty - on social media. The handbag top US law enforcement official last month, a position fraught with Dining Room of the White House in Washington on - or should we say fingerbag - It added that the Ixtaca mine would bring “economic bene- peril. Trump fired Barr’s predecessor Jeff Sessions in November fits to the community, Puebla state, and the country” and Monday. —AFP made its debut last week on the after complaining for months over the decision by Sessions to opening night of the Paris shows. that it expected to invest over $1.5 billion in running the recuse himself from overseeing the Russia investigation. mine and hire more than 1,000 local workers. A shrunken version of the minia- “I think Barr is in a terrible position from the standpoint of In deciding what to release, Barr may face thorny legal issues ture and already cult $500 “Le having two masters to please, each of which has a very different Divided village involving secrecy of grand jury testimony, protecting classified Chiquito” bag - which the likes of Rihanna and Kim desire,” said Michael Zeldin, a former federal prosecutor. “He has a information, communications with the White House possibly sub- Kardashian have been spotted clutching between their thumb Silva said many mining concessions in Mexico are uncon- political nightmare on his hands.” Mueller, who has headed the stitutional because the government fails to consult over ances- ject to the principle of executive privilege shielding certain infor- and forefingers - it is a mere 5.2 cm long. Jacquemus has sold investigation since May 2017, is due to submit to Barr his confi- mation from disclosure, and safeguarding confidential reasons for “tens of thousands” of Le Chiquito bags in the last year, tral land with indigenous people - who make up nearly one- dential report on whether Trump’s campaign conspired with quarter of the population of 120 million, according to govern- why some individuals were not charged. according to Cosmopolitan magazine, with fashionistas so Russia and whether the Republican president has unlawfully Several Trump campaign figures already have pleaded guilty desperate to get their fingers on them that there are lengthy ment data. In Ixtacamaxtitlan in Puebla state, official data sought to obstruct the probe. shows about one quarter of 25,000 inhabitants are indigenous, or been convicted in Mueller’s investigation, while others have waiting lists for some colors. Although the brand told AFP that Democrats, who have expressed concern Barr will try to shield not been charged. If the report provides evidence that Trump they have yet to set a price for Le Mini Chiquito, if the reac- but campaigners said mining concessions have been issued Trump and bury parts of the report, already have threatened to over about 90 percent of its 150,000-acre territory. committed obstruction of justice or other crimes, Barr must tion on Instagram and Twitter is anything to go by, demand subpoena it and go to court if necessary to force its release. decide how much should be revealed. The Justice Department could be equally brisk. Fashion insiders have been laughing at The most controversial project in Ixtacamaxtitlan Trump may pressure Barr to conceal damaging parts of Mueller’s involves the Santa Maria Zotoltepec indigenous village, 10 has a decades-old policy that a sitting president cannot face themselves as they lap up the latest Lilliputian trend. report and release any findings that may exonerate him. The criminal charges, though some lawyers take issue with that con- The hip style magazine Dazed declared “Jacquemus, your km from Tecoltemi, where Minera Gorrion wants to mine Democrats took control of the House of Representatives in gold and silver. Some villagers work for Minera Gorrion, clusion. As a matter of policy, the Justice Department also does tiny bags are getting kind of ridiculous but we love them!” Elle January and now wield subpoena power, with multiple committees not give a public explanation for why any individual has not magazine headlined it as the “New It Bag” before quickly causing divisions, said Francis Zamora Morales, who sells investigating Trump’s actions. Republicans control the Senate. beauty products. But she “never agreed with it”, she added, been charged. admitting that it can only hold an AirPod earphone. One fash- Mueller’s findings could be instrumental in any move in Congress “I don’t know that the department has ever encountered this ion editor tweeted five uses for the bag including carrying as she wrote “No to the mine” on a poster to display at an to try to impeach Trump and remove him from office. upcoming meeting between the company and local people. situation where the reason a person isn’t being charged with a “loose floss, a spare acrylic nail or a singular lock of curled If the report includes “evidence of misconduct by the sitting crime is that the person is immune by virtue of his office and is hair retrieved from the head of Jude Law” circa 1999. Another Diana Perez, a lawyer at the Mexican Institute for president of the United States,” then “I think you have to believe Community Development who acts on behalf of the vil- subject to impeachment as a result,” said Robert Litt, a former said it was “the perfect size to put probiotics and digestive the public interest is so extreme that there will be a mechanism general counsel for the Office of the Director of National enzymes”, while a third thought it would be a snug fit for lagers, acknowledged the community was split over mining for release, and I think Barr’s easy way out is to say, ‘It’s up to in the area. “Employment ... dictates who is in favour or Intelligence who is now with the firm Morrison & Foerster. “The “Donald Trump’s conscience”. The bag has unleashed the Congress,’” said Matthew Jacobs, a former federal prosecutor more damaging the report is to the president, the greater the imagination of Twitter and Instagram users. Some saw hidden against the mine,” she said. Minera Gorrion said it is now with the law firm Vinson & Elkins. Barr, 68, served as attor- “understandable that a project like this can generate pressure is on Barr to release it, and paradoxically of course, if depths in its tiny interior, saying it was a dreamcatcher into ney general once before, from 1991 to 1993 under Republican the report completely exonerates the president, then the presi- which you have to “whisper a secret” while another said it doubts but we did not perceive a mood of disagreement or President George H W Bush. He has embraced an expansive against (the mine)”. dent should want it released,” Litt added. “represents the compartmentalized trauma we carry with us view of presidential powers. Last year, while Sessions was still Barr appears to have support among rank-and-file Justice each day”. Jacquemus’ 29-year-old founder, Simon Porte, has A 2016 report by PODER, a local non-profit, found that attorney general, Barr sent an unsolicited memo to the Justice exploration activity in Ixtacamaxtitlan had contaminated Department employees relieved to have an attorney general who quickly made a name for himself on the Paris catwalk with Department disputing Mueller’s authority to investigate Trump understands the institution, after serving under former senator clothes summoning up the sensuality of his Provencal home in water sources, threatening the community’s supply. “The for obstruction of justice. company carried out water monitoring without due authori- Sessions and then an acting attorney general, Matthew Whitaker, the South of France, putting women in huge straw hats and zations and made drill holes deeper than allowed, affecting who was a Trump political loyalist. At a recent reception for tiny dresses that show lots of thigh. A road map employees, Barr bought the food and drinks and was greeted by His personal charm, and his label’s relatively affordable the water table,” said Isabel Clavijo, a researcher at PODER. From a legal standpoint, Barr has a road map in the form of Minera Gorrion denied that and said it was committed to people who told him they were happy he was there. prices, has quickly won him a following. He made breakfast for the Justice Department’s regulations on the appointment of spe- protecting the environment. Morales said she was worried Barr “is an experienced lawyer and manager, and he has critics at his menswear show in January, and gifted some fash- cial counsels. Those rules require him to notify the top Democrats about water and the region’s other natural resources if min- served in the position of attorney general, so he has great respect ion critics one of his new micro bags with their invitation for and Republicans on the House and Senate judiciary committees ing activities were not stopped. “We have been here for for that office,” said Mark Tuohey, a lawyer with the firm Baker & his latest show. Porte, who loves playing with proportions, first after Mueller completes his probe. The rules do not require centuries, since before the passage of (the Spanish conquis- Hostetler who once served as deputy to former independent made a splash with his huge tote and shoulder bags, some of tador) Hernan Cortes in 1519 ... This project is temporary. release of the entire report, but they do not explicitly prevent counsel Ken Starr on the Whitewater investigation involving which also featured alongside his Le Mini Chiquito in his Paris Once it is over, what comes next?” —Reuters Barr from giving it to Congress. The rules also give Barr latitude Democratic President Bill Clinton’s business dealings. “I don’t see show. —AFP to disclose parts of the report if it is in the public interest. this as a loyalty litmus test,” Tuohey added. —Reuters Established 1961
WEDNESDAY, MARCH 6, 2019 Business
Warba Bank exclusively sponsors BMW could shift some UK engine, Zain offers all-new Galaxy S10 12‘Auto Show’ for 2nd year in a row 13 Mini output if no orderly Brexit 14 and Galaxy S10+ smartphones
LONDON: In this file photo, Pedestrians walk past the Bank of England in the City of London. Europe’s financial system faces “potential risks” to its stability arising from a no-deal Brexit, the Bank of England warned yesterday as it extended its weekly lending facilities to include euros. — AFP Europe faces potential financial risks: BoE Businesses and households across Britain and EU vulnerable to no-deal Brexit
LONDON: Europe’s financial system faces “potential spill back to the UK in ways that cannot be fully antici- Eurozone central banks would also be ready to lend the Bank of England, have also agreed with the United risks” to its stability arising from a no-deal Brexit, the pated and mitigated,” it added in a statement. British pounds to commercial lenders in the single cur- States to maintain how multi-trillion-dollar financial Bank of England warned yesterday, as it extended its The British central bank made the remarks in min- rency zone, the ECB said. transactions are carried out between the two countries. weekly lending facilities to include euros. With just 24 utes from its Financial Policy Committee (FPC) meeting The agreement concerns trades of derivatives-secu- days to go until Britain is set to leave the European that was held on February 26. The BoE also said it was ‘Normal contingency planning’ rities whose value is based on an asset such as curren- Union, the BoE said businesses and households across further stepping up its lending facilities for commercial Bank of England governor Mark Carney last week cies, stocks and commodities. The EU’s chief Brexit Britain and the EU were vulnerable. banks over the next few months. said that such liquidity measures were “part of normal negotiator Michel Barnier meets Britain’s negotiating The BoE said it had activated a swap line with the A week after the bank said it would increase the fre- contingency planning” and that commercial banks were team on Tuesday as both sides seek a breakthrough. European Central Bank, which will provide euros in quency of existing market-wide sterling cash loans functioning well. The sitdown comes after Barnier said on Saturday exchange for British pounds. from monthly to weekly, the BoE yesterday added that The central bank carried out the same measure that the EU was ready to give London further guaran- Brussels and London are furiously trying to steer this would be extended to euros. “The FPC welcomes ahead of and following Britain’s referendum on leaving tees to help push a troubled divorce deal through away from a dreaded “no-deal” divorce that could the recent Bank decision to increase the frequency of the EU in June 2016. This helps banks and the wider British parliament. Barnier also suggested European wreak havoc on global markets. the Bank’s sterling liquidity operations and to initiate a financial industry keep ticking over during periods of leaders would be amenable to a short “technical” delay The BoE warned yesterday that “some disruption to new weekly Liquidity Facility in Euros (LiFE), alongside market turbulence. in Britain’s departure from the EU, in order to give par- cross-border services is possible and, in the absence of the existing weekly dollar lending facility,” it said. The Similar lending was also carried out in 2008 during liament time to formally ratify a final divorce deal. His other actions by EU authorities, some potential risks to European Central Bank said in a separate statement the global financial crisis. small overture to Britain has raised hopes that both financial stability remain. that the BoE’s euro facility was a “prudent and precau- Britain is on course to leave the EU on March 29, sides can find a solution, including to the so-called “Although these would primarily affect EU house- tionary step” aimed at supporting the smooth function- although there has been increasing talk of a possible “backstop” plan for the Irish border, a major sticking holds and businesses, they could also be expected to ing of markets that serve households and businesses. delay. Ahead of Brexit, authorities in Britain, including point for pro-Brexit MPs. — AFP
Belgian trade Third time lucky: delegation woos Ex-Nissan chief Kuwaiti investors Ghosn wins bail
By Ben Garcia TOKYO: Former auto industry titan Carlos Ghosn moved a step closer to freedom yesterday as a Tokyo court KUWAIT: A Belgian trade delegation is unexpectedly granted him bail after more than three currently visiting Kuwait to promote months in a detention cell. It was the latest twist in a investment and trade. A trade exhibition case that has gripped Japan and the business world since was held in connection with the visit of the tycoon’s shock arrest on November 19 over suspi- the delegation at the Four Points Hotel cions of financial misconduct. in Kuwait City yesterday in which KUWAIT: Piet Heirbaut, Belgian Ambassador to Kuwait, addresses the delegates during But it was not clear how soon he could be free. around 28 companies participated. Piet Heirbaut the trade exhibition. Prosecutors were appealing the decision, and with bail The delegation is mostly banking on set at one billion yen ($9 million), Ghosn’s lead lawyer the advantage of the advanced Belgian Kuwait are growing and we have seen the event was Grassmaster, a pioneer in also wants to share their expertise in acknowledged it would take time to raise the money. technology and innovation especially in the interest of Kuwaiti business com- hybrid pitches, whose ultimate goal is to the world of digital art, as they gained “Even if his bail is confirmed on appeal, we won’t be able the fields of sports and entertainment. munity as well. It’s a good sign and develop and reinforce the durability of international recognition when they col- to gather the bail amount today,” Junichiro Hironaka told Piet Heirbaut, Belgian Ambassador to Kuwait is a country that has a very natural grass pitches for sports such as laborated in various international events local media, suggesting a today release was more likely. Kuwait officially graced and inaugurat- bright vision about its future. And I football, rugby and American football. and festivities. They offer the audience Prosecutors could also rearrest Ghosn on fresh allega- ed the trade mission in the presence of believe that this is a very exciting time “Our technology is now being used in a unique visual and immersive experi- tions to keep the 64-year-old in custody. many potential investors. for all of us. We are in full support of Kuwait as we are the company chosen ence as they were tasked to light up the “The facts of this case are such... that it would be “I am happy to inaugurate this event the business people who are here to reinforce Sheikh Jaber Stadium,” said stage at the opening of Opera House, quite normal to release him,” the former CEO’s French today. This is a very focused event to today and we hope for a very fruitful Yves De Cooker, Grassmaster Tarkett Sheikh Jaber Stadium and the Al- lawyer Jean-Yves Le Borgne told RTL radio. Under his help people in Kuwait decide on ven- business venture with you all. Thank Sports. The grass company is proud of Shaheed Park in Kuwait City. They were bail terms, Ghosn is banned from leaving Japan and must turing into new businesses in collabo- you for supporting Belgian companies,” its optimal playing characteristics dur- contracted to showcase their digital art adhere to conditions aimed at preventing him from flee- ration with Belgian commerce and he said. ing intense and heavy use. prowess in the major cities of the world ing or destroying evidence.—AFP industry. Our business interests in One of the companies present during Another company, Dirty Monitor such as Paris, London and Hong Kong. 12 Established 1961 Business Wednesday, March 6, 2019
KUWAIT: Warba Bank officials address a press conference yesterday. — Photos by Joseph Shagra Warba Bank exclusively sponsors ‘Auto Show’ for 2nd year in a row Show offers a wide range of flexible auto-finance solutions
KUWAIT: For the second year in a row, Warba Bank own a car of their choice on flexible and smooth to guide customers through the purchasing process campaign, with zero profit and installment period up to exclusively sponsors the “Auto-Show” exhibition pro- installment terms that do not add up to their financial and answer all their inquiries.” five years. This has helped Warba Bank as the bank to viding auto- finance solutions on a wide array of burdens. Along with Warba Bank, the exhibition gathers position itself as the bank of choice for customers international car brands. Over the course of the three Musaed Al-Mazyad, Deputy Chief Retail Banking leading names of international auto agencies includ- aspiring to have unprecedented auto finance solutions. days of the show from 7 to 9 March, the visitors to the Officer at Warba Bank, said: “Recently, Warba Bank ing: Honda, Dumi, Jaguar, Maserati, Acura, Austin Moreover, the Bank also provides unique and Marina Crescent will have the opportunity to get has been working on designing a comprehensive Martin, Mazda, Peugeot, GMC, Subaru, Levan, exclusive service in the market: the “Auto Cash”, by updated with the latest financing offers provided by range of financing solutions covering various require- Hyundai and Burjard Zayani. which Warba Bank purchases the required car on Warba Bank in cooperation with its partners of lead- ments, notably the auto finance solutions which have During the exhibition, potential buyers can see and behalf of the customer while offering him /her the ing international car agencies displaying the latest and become indispensable. In this regard, the Bank has examine the vehicles as well as inquire about all nec- opportunity to keep and invest the car amount in the most luxurious car models. formed partnerships with the leading automotive deal- essary purchasing details, terms and conditions by bank in the form of deposit ensuring rewarding annu- Warba Bank’s sponsorship of the Auto Show’s sec- ers in Kuwait offering attractive cars for customers visiting the Bank’s booth where our professional team al profit and a chance to enter Al-Sunbula account’s ond edition, is the outcome of the positive results the according to custom-made financing solutions, specif- will be available to provide adequate explanations and draws amounting to KD 1 million. For those aspiring exhibition achieved last year and the high demand on ically designed to maximize benefits”. answer all their queries. to own their dream car, pass by Warba Bank booth at its flexible auto finance solution. The bank also caters “At the Auto Show, together with our partners of It is noteworthy that the Bank’s auto finance solu- the Auto Show where we work to turn your dream to the needs of the customers and non-customers to renowned international auto dealers, we will be able tions are embedded under “Installment at Cash Price” into reality.
Global Markets Commentary NBK Capital: Gulf markets mixed in February; market watchers are expecting a further downgrade to the US outlook to be issued by the Fed at the March Kuwait fourth FOMC meeting. The MSCI All Countries World Index ended February up 2.50 percent, bringing its year-to-date KUWAIT: The performance of the GCC markets was gains to 10.5 percent driven mainly by the robust per- mixed. The S&P GCC Composite Index retreated by formance of the US and European markets. Major US around 0.74 percent in February after a stellar per- Indices continued their drive upwards for the second formance the previous month. The UAE markets were month of the year to reach double-digit returns. The the best performers with the Dubai’s DFM Index and Dow Jones Industrial Average led the pack with a gain The Stoxx Europe 600 Index added 3.94 percent in January, while the unemployment rate edged up to Abu Dhabi’s ADX advancing by 2.65 percent and 1.83 of 4.24 percent for February, followed by the Nasdaq February for a 10.4 percent gain for 2019. The German 2.5 percent in February from 2.4 percent the previ- percent respectively. and the S&P 500 with gains of 3.44 percent and 2.97 Dax and French CAC40 added 3.07 percent and 4.96 ous month. They were followed by Bahrain with a gain of 1.53 percent respectively. The tech-heavy Nasdaq is now up percent respectively bringing their year-to-date gains After a strong start of the year, emerging markets percent and Kuwait at 0.49 percent. The Qatar 13.5 percent for 2019. Treasuries remained stable with to 9.1 percent and 10.8 percent. Industrial activity seem to have taken a breather during February as the Exchange Index lost the most among its peers with a the 10-year trading in a narrow range between 2.6 and remained weak, however, as the Markit Manufacturing MSCI EM index advanced marginally by 0.10 percent decline of 5.68 percent taking its performance for 2.7 percent during most of February. It edged up to PMI declined below the 50.0 mark in February record- during February. Geopolitical tensions in Venezuela 2019 to a negative 1.82 percent. Oman remained weak 2.75 percent after the release of the US GDP data and ing 49.3 compared to 50.5 in January. The preliminary and the threat of war took a toll on Central and South as the MSM 30 Index retreated by 0.53 percent for a the Dollar strengthened. numbers of the Markit Services PMI, on the other American markets. Equity markets in Brazil and year-to-date loss of 4.15 percent. In the meantime, GDP figures which were delayed by almost a month hand, showed a marked improvement at 52.3 up from Mexico declined by 1.86 percent and 2.65 percent Saudi Arabia, the largest GCC market, saw a marginal because of the partial US government shutdown, 50.8 last month. respectively. Other notable decliners included the decline of 0.79 percent for the month on profit taking showed that the US economy cooled less than expected In the UK, the FTSE 100 underperformed its peers Russian Stock exchange which lost 1.42 percent dur- but is still up 8.51 percent for the year. The broader during the fourth quarter of 2018. US GDP grew by an adding 1.52 percent during February to bring its total ing February. Emerging Asia, on the other hand, had a S&P Pan Arab index was pressured by the GCC per- annualized 2.6 percent during the last 3 months of 2018 return this year to 5.15 percent. Industrial activity nice run during the month as the MSCI Asia ex-Japan formance as it declined marginally by 0.69 percent compared to an estimate of 2.2-2.3 percent and a third retreated marginally as the Markit Manufacturing PMI advanced by 2.21 percent bringing its year-to-date despite the strong 4.79 percent advance of the EGX quarter growth of 3.4 percent, which brings the full declined to 52.0 meeting expectations and compared gains to 9.65 percent. 30 in February. year figure to around 3.1 percent. Manufacturing activi- to revised reading of 52.6 for January. Consumer confi- The OPEC+ agreement to curb oil production in a Global markets continued their steady rise during ty decelerated in February as the ISM manufacturing dence edged up to -13 compared to -14 for the previ- bid to stabilize oil markets seems to be working as oil February supported by encouraging signs from the PMI recorded 54.2 down from 56.6 in January and ous month. prices continued to trend higher for most of February. trade negotiations between the US and China and an compared to estimates of 55.5. Inflation, on the other Japanese equities continued their recovery that Brent gained almost 6.6 percent for the month, while increasing conviction that the Fed will not raise rates hand, remained well contained as core personal con- started with the new year as the Nikkei 225 Index WTI gained around 6.4 percent during February which during 2019. Recent comments by Chairman Powell sumption expenditures rose by an annualized 1.7 per- added 2.94 percent in February and is now up 6.85 brings their total gain for 2019 to 22.7 percent and 26.0 and Vice Chairman Clarida suggest that the economy cent during the fourth quarter. percent for the year. The Nikkei Manufacturing PMI percent respectively. Oil price recovery, however, was is in a good place and that further rate increases will Markets in developed Europe followed suit with came in at 48.9 in February slightly above expecta- abruptly interrupted by comments by president Trump be contingent on economic data. Within this context major European indices ending the month in the green. tions of 48.5 but lower than the 50.3 recorded for warning OPEC to “take it easy” in their supply cuts.
EXCHANGE RATES
Thai Bhat 10.555 Egyptian Pound - Transfer 17.350 Hong Kong Dollar 0.036696 0.039446 Turkish Lira 57.025 AL-MUZAINI EXCHANGE CO. Yemen Riyal/for 1000 1.223 Indian Rupee 0.003645 0.004417 Singapore dollars 224.844 Tunisian Dinar 103.200 Indonesian Rupiah 0.000017 0.000023 EUROPEAN & AMERICAN COUNTRIES Jordanian Dinar 430.010 Japanese Yen 0.002634 0.002814 US Dollar Transfer 304.450 Lebanese Lira/for 1000 2.030 BAHRAIN EXCHANGE COMPANY WLL Korean Won 0.000260 0.000275 Euro 346.770 Syrian Lira 0.000 Malaysian Ringgit 0.070908 0.076908 Morocco Dirham 32.423 Sterling Pound 404.460 Nepalese Rupee 0.002610 0.002950 CURRENCY BUY SELL Canadian dollar 230.300 Pakistan Rupee 0.001538 0.002308 Europe Turkish lira 57.770 Philippine Peso 0.005799 0.006099 DOLLARCO EXCHANGE CO. LTD British Pound 0.393205 0.407105 Swiss Franc 306.290 Singapore Dollar 0.219128 0.229128 Czech Korune 0.005423 0.014723 US Dollar Buying 303.250 Sri Lankan Rupee 0.001364 0.001944 Rate for Transfer Selling Rate Danish Krone 0.042115 0.047115 Taiwan 0.009747 0.009927 ASIAN COUNTRIES US Dollar 303.990 Euro 0. 337088 0.350788 Thai Baht 0.009259 0.009809 Japanese Yen 2.772 Canadian Dollar 229.335 Georgian Lari 0.112918 0.112918 Vietnamese Dong 0.00013 0.00013 Indian Rupees 4.309 Sterling Pound 403.950 Hungarian 0.001000 0.001190 Pakistani Rupees 2.222 Euro 348.045 Norwegian Krone 0.031076 0.036276 Srilankan Rupees 1.696 Swiss Frank 306.250 Romanian Leu 0.055631 0.072481 Arab Nepali Rupees 2.683 Bahrain Dinar 808.290 Russian ruble 0.004624 0.004624 Bahraini Dinar 0.792989 0.809480 Singapore Dollar 225.600 UAE Dirhams 83.155 Slovakia 0.009102 0.019102 Egyptian Pound 0.017121 0.019721 Hongkong Dollar 38.788 Qatari Riyals 84.390 Swedish Krona 0.028469 0.033469 Iranian Riyal 0.000084 0.000086 Bangladesh Taka 3.610 Saudi Riyals 81.945 Swiss Franc 0.297887 0.0308887 Iraqi Dinar 0.000211 0.000271 Philippine Peso 5.865 Jordanian Dinar 429.975 Jordanian Dinar 0.424503 0.433503 Thai Baht 9.614 Egyptian Pound 17.345 Australasia Kuwaiti Dinar 1.000000 1.000000 Malaysian ringgit 77.864 Sri Lankan Rupees 1.693 Australian Dollar 0.206842 0.218842 Lebanese Pound 0.000151 0.000251 Indian Rupees 4.289 New Zealand Dollar 0.200368 0.209868 Moroccan Dirhams 0.022129 0.046129 GCC COUNTRIES Pakistani Rupees 2.192 America Omani Riyal 0.784461 0.790141 Saudi Riyal 81.241 Bangladesh Taka 3.612 Canadian Dollar 0.222938 0.231938 Qatar Riyal 0.079335 0.084275 Qatari Riyal 83.675 Philippines Pesso 5.868 US Dollars 0.300350 0.305650 audi Riyal 0.080100 0.081400 Omani Riyal 791.293 Cyprus pound 18.085 US Dollars Mint 0.300850 0.305650 Syrian Pound 0.001291 0.001511 Bahraini Dinar 808.950 Japanese Yen 3.715 Tunisian Dinar 0.096334 0.104334 UAE Dirham 82.945 Syrian Pound 1.590 Asia Turkish Lira 0.050420 0.063920 Nepalese Rupees 2.685 Bangladesh Taka 0.003053 0.003854 UAE Dirhams 0.081466 0.083166 ARAB COUNTRIES Malaysian Ringgit 75.580 Chinese Yuan 0.043972 0.047472 Yemeni Riyal 0.000990 0.001070 Egyptian Pound - Cash 19.650 Chinese Yuan Renminbi 45.740 13 Business Wednesday, March 6, 2019 BMW could shift some UK engine, Mini output if no orderly Brexit Daimler’s Zetsche optimistic UK will avoid no-deal Brex
GENEVA: The new Ferrari F8 Tributo is displayed at the booth of Italian carmaker yesterday during a GENEVA: New BMW electrified cars are displayed during a press day ahead of the Geneva International press day ahead of the Geneva International Motor Show in Geneva. The 2019 edition of the Geneva Motor Show in Geneva yesterday. —AFP International Motor Show will be held from March 7 to March 17, 2019. —AFP
GENEVA: BMW could move some production of “We are preparing to be able to do it. Like we are that if UK lawmakers again rejected her Brexit deal, she Monday, echoing recent comments from UK luxury engines and its Mini model out of Britain if the coun- preparing warehouses in the UK to produce cars,” would offer them a series of votes that could lead her to sports car maker Aston Martin. try does not secure an orderly departure from the Schwarzenbauer said. A final decision on whether to ask Brussels for a delay. BMW said in September it was Zyl said Brexit planning had come at a “huge cost” European Union, the German carmaker said on transfer some production of engines from Hams Hall in moving the annual maintenance shutdown for its and warned Britain needed to secure a frictionless Tuesday, in the latest Brexit warning from the auto central England, where BMW built over 375,000 Oxford Mini plant to April in case of Brexit disruption. trade deal with the EU. “If anything happens between industry. engines last year, to Austria has not yet been taken, “We have made preparations. If Brexit is delayed we the EU and UK that will have a negative impact on Britain, the world’s fifth-largest economy, is due to Schwarzenbauer added. can postpone some measures, but the early summer competitiveness of the UK operations, it will put the leave the EU on March 29 but an agreement between Asked by Sky News if BMW could move Mini pro- break remains scheduled for April,” CEO Harald future in doubt,” he said, referring to the entire UK car London and Brussels has been rejected by British law- duction out of its Oxford plant in southern England in Krueger said at the car show. industry. makers leaving open the possibility of a chaotic exit the event of a chaotic Brexit, Schwarzenbauer said: Shutdowns and stockpiles take time and money to Toyota made 129,070 cars at its Burnaston plant in that could hit trade. One risk of a no-deal Brexit is that “We at least have to consider it.” arrange, as for example employee holidays and suppli- central England in 2018 and is currently ramping up British-made engines will no longer be counted as EU Britain’s car industry, which employs around ers are affected, making them hard to change. And so production of its new Corolla model. Carlos Tavares, content, pushing the total level in some cars below the 850,000 people and is largely owned by foreign manu- while carmakers are keen to avoid a no-deal Brexit, CEO of Peugeot and Citroen maker PSA Group, was threshold of around 55 to 60 percent required in many facturers, has been rushing through plans to cope with they also do not want the process to drag on. more relaxed about a potential Brexit delay, saying he international trade agreements. a potential no-deal Brexit, such as building up invento- BMW made 234,183 cars in Britain last year, out of was in favor if the time was used to find a deal. “We have some flexibility on the engine side with ries and in some cases organizing plant closures around the country’s total production of about 1.5 million. Daimler boss Dieter Zetsche, meanwhile, was hope- Steyr in Austria,” Peter Schwarzenbauer, the head of Brexit day. Japanese carmaker Toyota also called for clarity on ful a deal could be reached. BMW’s Mini brand, told Reuters at the Geneva car Brexit. “Frankly speaking, we would just like to get cer- “It’s a game of poker. I am an optimistic person, show, referring to another BMW plant. “We would ‘Future in doubt’ tainty as quickly as possible,” Johan van Zyl, president and I hope that a no-deal Brexit is not realistic,” he need to make some adjustments towards Steyr.” However, Prime Minister Theresa May said last week and CEO of Toyota Europe said at an event late said. —Reuters Huawei Mate 20 Pro wins its first ‘Best China cuts taxes, Smartphone’ at sees ‘tough MWC Barcelona 2019 struggle’ as KUWAIT: Huawei Consumer Business Group (BG) received an award from the event organizer at MWC growth slows Barcelona 2019. The HUAWEI Mate 20 Pro was named the “Best Smartphone” in recognition of its powerful BEIJING: China’s premier warned yesterday that the performance, outstanding camera system, long battery country faces a “tough struggle” as he unveiled tax cuts life, innovative charging solutions and striking design. to prop up a stuttering economy while increasing mili- This coveted accolade serves as a testament to tary spending to nearly $180 billion. Huawei’s leading technologies and its commitment to The slowdown and US trade war have become major delivering the best products and user experiences to challenges for President Xi Jinping, a year after becom- consumers around the world. ing the country’s most powerful leader since Mao Kevin Ho, President of Handset Business, Huawei Zedong with the abolition of term limits and etching of Consumer BG, said, “We would like to thank GSMA for his name into the constitution. Premier Li Keqiang told its recognition of the HUAWEI Mate 20 Pro. The the opening session of China’s annual National People’s HUAWEI Mate 20 Series inherits the company’s inno- Congress that the government is targeting growth of vative DNA and most importantly, groundbreaking 6.0-6.5 percent this year for the world’s second-largest technologies that bring consumers the ultimate user economy, lowering its range from 2018. Nearly 3,000 experience. The strong sales figures tell us that the delegates from across the country gathered under tight HUAWEI Mate 20 Pro has also won the love and trust security, with legislation aimed at improving conditions from global consumers. Through our groundbreaking that lets its users charge other devices and electronic events held annually in Barcelona, Los Angeles and for foreign investors topping the agenda of the two- technology, we are committed to bringing consumers gadgets wirelessly. At the back of the device is the Shanghai, as well as the Mobile 360 Series of regional week session. the best products and experiences.” Matrix Camera System, which incorporates the Leica conferences. “In pursuing development this year, we will face a First nominated and then named the “Best Ultra Wide Angle Lens to enable wide-angle photogra- Driven by a “consumer-first” ethos, Huawei is com- graver and more complicated environment as well as Smartphone” by GSMA, HUAWEI Mate 20 Pro is phy and capturing at macro distances. HUAWEI Mate mitted to enabling all people to enjoy the benefits of the risks and challenges ... that are greater in number and Huawei’s latest flagship smartphone. Representing the 20 Pro comes with EMUI 9.0, Huawei’s nature-inspired digital lifestyle. At the advent of 5G technology, Huawei size,” Li said in his speech. “We must be fully prepared best of Huawei’s breakthrough technologies, HUAWEI Android-based custom operating system, which intro- is one of the few manufacturers that has the capability for a tough struggle,” he said. The government had set a Mate 20 Pro is powered by the world’s first 7nm mobile duces gesture navigation and a host of other new fea- to develop the full breadth of 5G products and deliver a target of around 6.5 percent in 2018 and eventually AI chipset Kirin 980, enabling top-class performance tures that help users get the most out of their devices. fully synergized user experience. At MWC Barcelona recorded official growth of 6.6 percent-the slowest and battery life. It supports 40W HUAWEI The GSMA represents the interests of mobile opera- 2019, Huawei unveiled HUAWEI Mate X, the company’s pace in nearly three decades. Three-quarters of SuperCharge, one of the fastest smartphone charging tors worldwide, uniting more than 750 operators with first 5G foldable phone; the HUAWEI MateBook X Pro, provinces have already lowered their annual growth tar- solutions on the market, 15W HUAWEI Wireless Quick over 350 companies in the broader mobile ecosystem. HUAWEI MateBook 14 and HUAWEI MateBook 13; as gets this year. Charge and the innovative Reverse Wireless Charging The GSMA also produces the industry-leading MWC well as HUAWEI 5G CPE Pro. Taxes cut, spending boosted duced by the government. plies it will need anyway. By “We have made a moderate adjustment to our pro- India’s February The figures will be unwelcome news for US and China agreeing to buy LNG and crude jection on the basis of a thorough assessment of destabi- Prime Minister Narendra Modi ahead of a from the United States, China is lizing factors and uncertainties affecting the economic general election due to be held by early May. inch towards not making much of a concession; performance,” Li said. To combat slowing growth, poli- jobless rate Concerns about weak farm prices and low the only losers are rival suppliers cymakers have said they will lower taxes, reduce fees jobs growth are often brought up as election limited trade deal such as Australia, Canada, Russia and streamline red tape. climbed to 7.2% issues by opposition parties. When the gov- and around the Middle East Gulf. China will cut company taxes and employer social ernment has released official data for the job- LONDON: China and the United Similar logic applies to farm insurance contributions paid on behalf of workers by NEW DELHI: The unemployment rate in less rate in the past it has tended to be out- States appear to be inching products, where China is a major nearly 2 trillion yuan ($298 billion), Li said. The value- India rose to 7.2 percent in February 2019, of-date. But recently it withheld a batch of towards a trade deal, with leaders net importer; any bilateral trade added tax for manufacturers will be lowered to 13 per- the highest since September 2016, and up data because officials said they needed to in both countries anxious to avoid deal will come mostly at the cent from 16 percent and drop one percent for trans- from 5.9 percent in February 2018, according check its veracity. a further, politically unpopular expense of third-country portation and construction industries. to data compiled by the Centre for The figures that were withheld in slowdown in their economies. exporters such as Russia, Beijing will also lift spending, with China’s targeted Monitoring Indian Economy (CMIE) that was December were leaked to a local newspaper a China has reportedly offered Argentina and Brazil. fiscal deficit set to increase to 2.8 percent of GDP, from released yesterday. few weeks ago, and showed that India’s to boost its purchases of farm China’s import requirements 2.6 percent last year. “They need to strike a balance The unemployment rate has climbed unemployment rate rose to its highest level in and energy products substantial- could also be used to justify between boosting economic activity and not restarting despite a fall in the number of job seekers, at least 45 years in 2017/18. ly while making more modest including major capital equipment another debt-fuelled boom,” said Tai Hui of JP Morgan Mahesh Vyas, head of the Mumbai-based A CMIE report released in January said concessions on technology purchases in any eventual deal, Asset Management. think tank told Reuters, citing an estimated nearly 11 million people lost jobs in 2018 after transfer, intellectual property, including aircraft and semicon- Fiscal policy will be “proactive”, while monetary poli- fall in the labour force participation rate. The the demonetization of high value notes in late market access, industrial policy ductor manufacturing kit. Major cy will remain “prudent”, Li said, outlining cuts to the number of employed persons in India was 2016 and the chaotic launch of a new goods and subsidies. purchases of farm and energy reserve ratios at medium and small banks to unleash estimated at 400 million in February com- and services tax in 2017, hit millions of small China is already the world’s products would give a boost to more funds into the economy. pared with 406 million a year ago, he said. businesses. largest net importer of oil and is the White House, shoring up sup- Beijing is determined to achieve above six percent The CMIE numbers are based on a survey of The government told Parliament last set to become the largest importer port in farm and energy-produc- growth for the next two years to “meet its promise” of tens of thousands of households across India. month that it did not have data on the of liquefied natural gas within the ing states critical to President doubling GDP for the decade ending 2020, said Lu Ting, The figures are regarded by many economists impact of demonetisation on jobs in small next few years, so the purchases Donald Trump’s re-election cam- an analyst at Nomura bank. —AFP as more credible than the jobless data pro- businesses. —Reuters allow the country to source sup- paign in 2020. —Reuters 14 Established 1961 Business Wednesday, March 6, 2019 Zain offers all-new Galaxy S10 and Galaxy S10+ smartphones Samsung’s latest flagship devices after 10 years of pioneering mobile firsts
KUWAIT: Zain, the leading digital service tive plans to suit customers’ unique person- terns, powering down apps they don’t provider in Kuwait, announced the offering al and professional needs. need. Also, Adaptive Power Saving Mode of Galaxy S10 and Galaxy S10+, Samsung’s The latest addition to Samsung’s Galaxy manages the user’s battery life based on latest flagship devices that are the result of smartphone lineup is built on the best-in- the prediction of their day. In addition, 10 years of pioneering mobile firsts and class Galaxy Foundation of design innova- wireless PowerShare gives users the ability introduce the next generation of mobile tion and cutting-edge technology. Security to share their power with other devices, innovation. was moved from the back of the phone to while fast Wireless Charging 2.0 gets the Zain offers the new generation of the front, fusing the Ultrasonic Fingerprint phone back to 100%, faster. Samsung’s flagship devices knowing the directly into the screen. The Ultra Wide This offering comes in line with Zain’s passion customers have for the latest and Camera allows taking stunning, cinematic aim to provide its customers with a superi- most advanced products in the world of photos with a 123 degree field of vision, or telecommunications experience, and technology. The all-new Galaxy devices fea- and the intelligent camera helps users springs from its core understanding of their ture precise laser cutting, on-screen securi- shoot stunning photos by suggesting image needs. The company aims at providing its ty, and a Dynamic AMOLED that’s easy on compositions and automatically optimizing customers with an unmatched experience the eyes and makes the Infinity-O Display camera settings to the scene. The new on Zain’s most advanced network. the most innovative Galaxy screen yet. Galaxy lineup also features Dolby Atmos Zain emphasized its commitment to the Zain’s postpaid customers can now get enhanced sound with stereo speakers needs of the largest customer base in the new Galaxy S10+ device with a variety tuned by AKG. Kuwait, and will continuously look into of new plans starting at KD 38 monthly, The all-new Galaxy S10 and Galaxy expanding its horizons to introduce the lat- including 100 GBs of 4G LTE Internet and S10+ feature a 24-Hour Intelligent Battery est and most advanced solutions in the 2500 local minutes. The company is keen to power the devices all day long by learn- market to meet its customers unique needs on offering the most flexible and competi- ing the user’s daily routine and usage pat- and aspirations.
competitors in terms of providing treas- NBK wins two ury and cash management services. The Magazine then announces the KAMCO winners in the four sub-categories in 65 new awards for countries and seven geographic regions successfully across the world, covering Africa, Asia 2019 from and the Pacific, Central and Eastern Europe, Latin America, the Middle East, concludes role in the North Region, North America and Global Finance Western Europe. The awards ceremony will be held on Boursa privatization KUWAIT: In its annual survey which the sidelines of the International Banking gathers the opinion of hundreds of KUWAIT: KAMCO Operations Seminar, SIBOS 2019, which established financial experts, analysts, Investment Company will be hosted in London in September. senior consultancy and executives from (“KAMCO”), a leading invest- Headquartered in New York, Global around the world, Global Finance ment firm with one of the Finance was founded in 1987 and has Magazine awarded the National Bank of largest AUMs in the region, over 50,000 readers from 188 countries. Kuwait (NBK) two new awards for the announced the successful Global Finance’s audience includes year 2019, the first is the “Best Bank for completion of its advisory Chairmen, Presidents, CEOs, CFOs, Liquidity Management Middle East and role in the bidding process Treasurers and other senior financial North Africa” and the second is “Best organized by the Capital officers responsible for making invest- Treasury and Cash Management in Markets Authority (“CMA”) ment and strategic business decisions at Kuwait”. of Kuwait for an equity stake multinational companies and financial Khaled Fouad Global Finance Magazine rates the in Boursa Kuwait. In February institutions. best providers in treasury and cash man- 2018, the consortium led by Each year, Global Finance selects the est credit ratings among banks in the agement based on a variety of criteria management, and a stable management. Tri-International Consulting Group (“TICG”), best financial institutions in a thorough Middle East, receiving leading ratings that comprise profitability, market share, NBK is also ranked among the 50 safest KAMCO and Oliver Wyman was appointed by the survey around the world. These awards from leading agencies such as Moody’s, customer service, competitive pricing, banks in the world for the 13th consecu- CMA, along with ASAR - Al-Ruwayeh & Partners have become a recognized and trusted Fitch and Standard & Poor’s. NBK has a innovative products and the level to tive year, and has been awarded the and Al-Hossam Legal - Al-Turqi & Partners, to lead standard of excellence, regionally and strong capitalization and prudent lending which these institutions exceed their “Best Bank in Kuwait” by The Banker, the privatization process and played a pivotal role internationally. NBK maintains the high- policies, a systematic approach to asset Euromoney and Global Finance in 2018. in managing the overall transaction, liaising closely with prospective investors and overseeing the preparation of all documentation and communica- tion throughout the 12-month period. Kuwait branch of 20 years of expertise Al-Rajhi Bank signs Khaled Fouad, Chief Investment Officer of KAMCO, said, “KAMCO’s 20 years’ worth of experience in the investment field furthers our JV agreement ability to succeed in such complex transactions. The Firm’s wide network base, which consists of with Gulf Bank local and international players, attracted local companies to participate in the bidding process.” KUWAIT: Al-Rajhi Bank has become the first non- Fouad added, “I would like to express my sin- Kuwaiti bank to sign a joint venture agreement with cere appreciation and gratitude to the CMA for Gulf Bank, to provide banking services within Kuwait. leading and organizing this initiative. We are hum- The agreement allows Al-Rajhi Bank - Kuwait Branch bled by the trust and confidence they placed in our customers to withdraw and deposit money, in addition team to complete this critical stage in the privatiza- to checking their bank balance and transferring money tion process and deliver optimum results. This through Gulf Bank’s ATMs, located across the country. phase represents the government’s support on Customers will be able to use the same standard financial and structural reforms in Kuwait, marking screens used by Gulf Bank customers with ease. a historic moment for the country’s financial sector Fahad Al-Oumi, Head of Retail Banking, Al-Rajhi and economy. I would also like to thank the Bank - Kuwait Branch, commented on the partnership: Ministry of Finance, the General Organization for “We are delighted to partner with Gulf Bank, one of the Social Insurance, and Boursa Kuwait’s management leading banks in Kuwait, to provide the best banking for their support in the successful outcome of this services to our customers. The agreement comes as a landmark transaction. We are also grateful for the part of our Kuwait expansion strategy, enabling us in External Communications at Gulf Bank, added: “As a the enhancement of their local presence and wish them cooperation and dedication placed forth by our providing customers with a seamless experience, meet- leading Kuwaiti bank, we believe that we need to work success and prosperity.” partners in this success; namely, Tri International ing their financial needs regardless of their location. In alongside other regional banking leaders to facilitate Gulf Bank is one of the leading banks in Kuwait and Consulting Group (“TICG”), Oliver Wyman and the addition, Al-Rajhi Bank continues to support customers the provision of banking services to their customers in offers a wide range of personal and corporate banking legal advisors appointed for this complex transac- located in Kuwait through our dedicated call center at Kuwait. We are proud to be working alongside Al-Rajhi services as well as treasury and other financial services tion, ASAR - Al Ruwayeh & Partners and Al- 1812333,” he said. Bank, whereby their customers can use Gulf Bank’s through a large network of 58 branches and more than Hossam Legal - Al-Turqi & Partners.” Ahmad Al-Amir, Assistant General Manager for ATMs, and we hope that this agreement will result in 300 ATMs distributed throughout Kuwait. He also said, “We will continue to strengthen our leadership role in the regional investment banking scene, further enhancing the role of the private sector through economic developments, KFH concludes attracting regional and international investors, and boosting investor confidence in local capital markets.” comprehensive The advisory group’s efforts were primarily focused on highlighting and positioning Boursa training program Kuwait as a leading regional stock exchange, while working with the CMA and Boursa Kuwait management team to develop the equity story and for KPC employees liaise with prospective investors on the transac- tion. The marketing efforts prior and during the KUWAIT: As part of supporting the community and process attracted the attention of 5 qualified developing national competencies, Kuwait Finance international operators, in addition to 15 local House (KFH) concluded a comprehensive training pro- companies who expressed their interest to bid on gram especially designed for Kuwait Petroleum the 44 percent stake, the maximum equity alloca- Corporation (KPC) employees. This aims to introduce tion authorized by the CMA for investors. The KFH’s staff with trainees the expertise and mechanisms of “KFH”, the world advisory group was able to close the transaction leading Islamic financial institution. successfully in record time, after attaining all The one-month program covered different areas in overcome obstacles. Al-Roshood stressed KFH’s continued efforts to approvals from the CMA on 14 February 2019, in some key sectors at KFH through workshops and case AbdulWahab Al-Roshood, Group Chief Treasury provide such training programs that reflect its vision of which the highest bidder was selected. The con- studies on the functions and importance of risk man- Officer at KFH said: “Through this program, KFH was transferring its expertise to various public and private sortium offered 237 fils per share, amounting to agement, treasury, strategy departments, as well as keen to provide a comprehensive overview of all institutions. KFH attaches great importance to the KD 19.94 million for the 44 percent equity stake. commercial finance products and corporate banking, in departments and sectors of KFH, and to acquaint KPC development of national talents, cadres and competen- A 6 percent stake is allocated to the Public supporting the development process. employees with KFH’s business model, products and cies. By harnessing all potentials, KFH becomes a Institution for Social Security (“PIFSS”) with a Focusing on KFH Sharia-compliant products and services, showing our interest in offering innovative strategic partner in serving youth and society to total amount of KD 1.25 million. This concludes methods, the program covered areas in project man- products and services.” achieve comprehensive development and growth, he the first phase which is equivalent to 50 percent agement, operations, financial control, time manage- “This program is part of KFH’s efforts to strengthen said. For their part, KPC employees hailed KFH’s initia- of the privatization process. ment, and the importance of creative cooperation and the Islamic banking industry, which confirmed its status tive and the benefits they have gained on both educa- workshops in information security, offering solutions to in the global markets,” he added. tional and occupational levels. Established 1961 15 Technology Wednesday, March 6, 2019
Ooredoo the first to launch Galaxy S10 devices in collaboration with Al Babtain Turnkey Solutions Special draw on Infinity car for all customers on the day of the launch
KUWAIT: Committing to its position as the leader of telecommunication in Kuwait, and continuing its promise to deliver products and services that enrich the lives of its customers, Ooredoo Kuwait collabo- rated with Al Babtain Turnkey Solutions for the sec- ond consecutive year to launch the new Samsung flagship smartphone devices, the Galaxy S10, Galaxy S10+ and the Galaxy S10e. Customers and technology enthusiasts attended the event on Monday at Ooredoo’s head office, which was launched with exclusive Shamel plans for the attendees of the event. Ooredoo’s head office received customers from 4 p.m. until midnight, who attended to benefit from an exclusive one-day offer. The event was attended by several social media influencers such as Ahood Al Anezi, Slorks, iTunes Q8, and Mahmoud Bushehri. Some of the influencers launched a social media cam- paign ahead of the event. Ohoud Al-Enezi takes a look at the device The event was also attended by representatives of Al Babtain Turnkey Solutions, the official distributor of Samsung in Kuwait, and representatives of the interna- tional brand Samsung, who lauded Ooredoo’s efforts in organizing a big event to launch the new flagship devices. The representatives commended the organiza- tion and collaboration between different volunteer Nazem Al-Ghubra, Yusuf Al-Shallal and Mijbil Alalyoub groups from across Ooredoo’s different departments, who participated in organizing the event and helping their devices. They include Costa, Johnny Rockets, We look forward to delivering more products for our customers with their queries. Ovenly, and Hive. esteemed customers.” The new devices boast a number of key specifica- Commenting on the launch event, Ooredoo Kuwait’s Alayoub also expressed his gratitude towards the tions, such as the Infinity-O Display, multi-camera with Corporate Communications Senior Director Mijbil team of volunteers from across the company’s different ultra wide camera, ultrasonic fingerprint scanner, wire- Alalyoub said that the event reiterates Ooredoo’s com- departments and Project Leaders Group who partici- less power share, 24-hour intelligent battery, and game mitment to providing customers with the best services pated in organizing the events and controlling the flow optimization. The Galaxy S10 screen sizes range from and the latest devices to enrich their experiences and of customers in and out of the head office, to ensure 6.4” on the Galaxy S10+, 6.1” on the Galaxy S10, and fulfill their needs. He added: “Ooredoo extends its that everything works smoothly during the event. 5.8” on the Galaxy S10e with external memory of up to deepest gratitude to Al Babtain Turnkey Solutions for Samsung’s latest Galaxy S10, Galaxy S10+ and Galaxy 512GB. A number of restaurants and coffee shops were their contribution to this event for the second consecu- S10e devices are available to customers in Ooredoo’s A customer receives his Samsung Galaxy S10 present at the event to serve refreshments, food and tive year, launching the latest Samsung flagship devices branches around Kuwait and its official distributors, in snacks to the attendees of the event while they await which is prominent among all smartphones worldwide. addition to its online shop.
Group pictures Dana Tuwerish has a look at the Samsung S10 Abdul Razaq Al Mutawa takes a look at the new device
Mijbil Alalyoub with the group “Leaders of Tomorrow” 16 Established 1961 Health Wednesday, March 6, 2019 India to showcase its best medical capabilities in Kuwait Indian Healthcare expo on March 17 & 18
KUWAIT: The Embassy of India in Kuwait, in asso- professionals, hospital and nursing home repre- ciation with the Indian Doctors Forum (IDF), Indian sentatives will be on hand during the expo period Business and Professional Council (IBPC) and to offer professional advice on medical services Confederation of Indian Industry (CII), is organiz- and the best facilities available in India for a wide ing a high-profile Indian medical tourism exhibition range of ailments. titled ‘Best of Indian Healthcare Expo 2019’ at the Among the leading hospitals and healthcare Radisson Blu Hotel on 17 and 18 of March 2019, centers that are expected to participate in this which will witness the participation of leading Expo are - Apollo Hospital, Max Super Specialty Indian hospitals, top-notch healthcare providers Hospital, Aster DM Healthcare, Artemis Health and wellness centers from several cities in India, Sciences, Kerala Institute of Medical Sciences, along with major medical tourism planners. Saifee Hospital, Meitra Hospital, Unity Care and The medical expo will provide an excellent Health Services, Iqraa Hospitals, AJ Hospital, opportunity for citizens and residents in Kuwait Children’s Hospital, Manipal Health Enterprises Pvt to interact with some of the top Indian Ltd, Aryavaidyasala Kottakal, Somatheeram Physicians/medical experts in all critical depart- Ayurveda Village, Ayur Green and a whole host of ments and also with world-renowned healthcare other healthcare providers from India. providers. A direct firsthand familiarization with An exceptionally talented pool of medical spe- Kuwaiti citizens are no exception. It is estimated ideal medical-tourism destination for Kuwaiti world class advanced healthcare facilities pro- High-tech solutions cialists and a large cadre of professional healthcare that the country spends in excess of a billion dol- friends. The ‘Best of Indian Healthcare Expo 2019’ vided by the finest of the Indian medical industry, Recent advances in medical, scientific and tech- personnel have also placed India among a handful lars annually to treat citizens abroad, while hun- is a welcome opportunity for patients and their at the best economic value, awaits them. The nological fields have impacted the healthcare of nations that can deliver high-tech solutions to dreds more seek overseas medical care at their caregivers in Kuwait to make timely choices exhibition will also facilitate networking and industry and resulted in cutting-edge solutions to healthcare problems in a cost-effective and effi- own expense. In addition to the close geographi- regarding the best and most cost-effective treat- information exchange opportunities between treat and manage life threatening communicable cient manner. It is no wonder then that India is the cal proximity and ease of travel, the centuries- ments that are readily available in Indian hospitals healthcare professionals from India and their and non-communicable diseases. Providing high destination of choice for international patients old interactions between people of India and and healthcare centers. The exhibition will also counterparts in Kuwait. quality medical care, using the latest equipment seeking high-quality medical care that has other- Kuwait have led to mutual respect for their cul- feature tourism opportunities from renowned trav- The Indian medical expo serves as an invalu- and treatment modalities, along with rapid wise become either too expensive, or is not avail- tures and customs. el companies that will help facilitate complete able introduction for people seeking high-quality advances in communication, transport and infor- able in a timely manner in their own countries. The spirit of warm hospitality towards foreign- packages for patients and visitors. The 2-day exhi- cost-effective healthcare services, as well as mation technologies, has catapulted India into a Each year millions of people travel overseas ers that India is well-known for, combined with the bition will be open to the public free of any entry recuperative and rejuvenating treatments in India. major medical tourism destination among the glob- looking for best quality affordable medical treat- experienced, compassionate and dedicated nurs- cost from 1000 hrs to 2000 hrs on 17-18 March Specialist physicians and hospital management al healthcare community. ments for themselves or their loved ones, and ing care available in the country, makes India an 2019 at Radison Blu hotel, Kuwait. 17
Wednesday, March 6, 2019
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