KUWAIT: The Ministry of Health has announced that it will sign an agreement with the University of Toronto in Canada on Wednesday to upgrade the quality of medication for cancer patients at Hussein Makki Juma Cancer Center. The event will be attended by Minister of Health Hilal Al-Sayer, representatives of the university and the Canadian Embassy in Kuwait, in addition to several senior officials in the ministry. The minister explained that the agreement aims to u
...Arab Times
Arab Times
Kuwait supports Bahrain in combating terrorism
KUWAIT: National Assembly Speaker Jassem Al-Kharafi stressed on Tuesday that Kuwait and its people strongly support Bahrain in fighting terrorism.
In a cable sent to speaker of the Bahraini Parliament Khalifa Al-Dhahrani after the kingdom announced uncovering a terror plot, Al-Kharafi said he followed up with great concern the arrest of the terrorists.
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Arab Times
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NBK 10% rights issue starts October 5
KUWAIT: National Bank of Kuwait (NBK), the country's biggest lender, said on Tuesday that its 10 percent rights issue will start on Oct. 5.
The subscription period for the issue, which was approved by the bank's shareholders in March, will end on Oct. 21, NBK said in a statement on the Kuwaiti bourse.
The issue is at a price of 500 Kuwaiti fils per share including premium, and will raise 32.7 million Kuwaiti dinars (114 million US dollars), according to Reuter's calculations. NBK's shares were t...
Arab Times
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Cooperative union leaders urge KUCCS oversight
KUWAIT: A number of cooperative union officials have urged the authorities, particularly the Ministry of Social Affairs and Labor, the National assembly as well as the Audit Bureau to "purge" irregularities within the Kuwait Union of Consumer Cooperative Societies (KUCCS).
The remarks were made at a press conference held by the Chairman of the Nuzha Cooperative Society Riadh Al-Adsani, among other cooperative union leaders.
Meanwhile, the official accused the Chairman of the Union of Kuwait Consum...
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