January 2023

$1 billion to be invested in GCC real estate by Investcorp in five years

kuwait-live.comJanuary 10, 2023January 10, 2023

January 10, 2023January 10, 2023

Bahrain-based Investcorp, which counts Mubadala Investment Company as its biggest shareholder, announced today that it will invest $1 billion in the GCC real estate market. It follows Investcorp’s...

Business

$3.3 billion in engineering exports from Egypt in 11 months of 2022

kuwait-live.comJanuary 9, 2023

January 9, 2023

The Engineering Export Council (EEC) of Egypt announced that the sector’s exports were up by 10% to $3.32 billion from January through November of 2022,...

Business

Exports of Indian gems and jewellery increased by 8.26 percent

kuwait-live.comJanuary 9, 2023

January 9, 2023

The UAE-India Comprehensive Economic Partnership Agreement (CEPA) contributed to an increase in Indian gem and jewellery exports of 8.26 percent in the current financial year,...

Automotive

BMW i Vision Dee – a car that changes colors

kuwait-live.comJanuary 7, 2023

January 7, 2023

As part of the Consumer Electronics Show (CES) in Las Vegas in 2023, the BMW Group is sharing its vision of the future digital experience,...

Health

Morocco bans arrivals from China because of a COVID outbreak

kuwait-live.comJanuary 7, 2023January 7, 2023

January 7, 2023January 7, 2023

The Moroccan foreign ministry said on Saturday that Moroccans arriving from China, regardless of their nationality, will be prohibited from entering the country. This is...

Travel

Bomb threat forces Jetstar plane to land in Japan

kuwait-live.comJanuary 7, 2023

January 7, 2023

There was an emergency landing made by a Jetstar flight at Chubu Centrair International Airport in central Japan on Saturday as a result of a...

News

Global warming will not stop half of the glaciers from melting, a study warns

kuwait-live.comJanuary 6, 2023

January 6, 2023

New research suggests that even at 1.5 degrees Celsius of warming above preindustrial levels, the Earth will lose nearly half of its glaciers. The shrinking...

Technology

Profits at Samsung plunge as gadget demand slows

kuwait-live.comJanuary 6, 2023January 6, 2023

January 6, 2023January 6, 2023

For the last three months of 2022, Samsung expects its profits to decline by 69% to the lowest level in eight years. The world’s largest...

Business

Gold holds steady as investors focus on U.S. jobs data

kuwait-live.comJanuary 6, 2023January 6, 2023

January 6, 2023January 6, 2023

As the dollar strengthened ahead of a closely watched U.S. jobs report that could provide more insight into the Federal Reserve’s interest rate-hike plans, gold...

Business

ADNOC pledges $15 billion for clean energy, new energies and decarbonization

kuwait-live.comJanuary 5, 2023

January 5, 2023

ADNOC, a reliable and responsible provider of energy with low carbon intensity, announced today a bold new strategy to decarbonize its operations globally. In November...