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Day: August 25, 2024

Lesha Bank Announces Successful Exit from David Morris International Limited

August 25, 2024Web Desk

Doha: Lesha Bank LLC (Public) announced that it has successfully concluded its exit from David Morris International Limited, a premier international luxury jewelry brand, with a transaction that valued the business at GBP 70 million.

As a 50% shareho…

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National Center for Meteorology Warns of Stormy Weather in Makkah

August 25, 2024Web Desk

The National Center for Meteorology has issued a weather warning for Makkah City where moderate rainfall, strong winds, near-zero visibility, hail, and thunderstorms are expected until 10 pm today.

Residents are advised to exercise caution in open a…

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Kuwait Crown Prince congratulates Uruguay on nat’l day

August 25, 2024Web Desk

His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah congratulated in a cable on Sunday President of Uruguay Luis Lacalle Pou on his country’s national day.

Source: Kuwait News Agency

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China Opposes US Placing Chinese Entities on Export Control List

August 25, 2024Web Desk

China resolutely opposes the move of the US side to place some Chinese entities on its export control “entity list.” A spokesperson for China’s Ministry of Commerce said Sunday these remarks came in response to a media query on the US Department of Co…

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Wall Street Journal: Federal Reserve Chairman Signals End of Anti-Inflation Campaign -1-

August 25, 2024Web Desk

The Wall Street Journal explained that the main interest rate adopted by the US Federal Reserve currently ranges between 5.25 percent and 5.5 percent, which is widely viewed as an obstacle to economic activity.

Expectations differed over whether the …

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New Handball Squad’s Coach Looks Forward to New Achievements in Near Future

August 25, 2024Web Desk

Doha: Qatar national handball team’s new coach Veselin Vujovic expressed his eagerness to lead the team to achieve further notable accomplishments and shine in upcoming competitions.

Last Wednesday, the Qatar Handball Association chose Vujovic to man…

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