Already a weakening rupee has led to increase in remittances from Gulf-based non-resident Indians (NRIs), now they can earn a higher interest rate on their non-resident external (NRE) deposits as well.
RIYADH: The State of Kuwait is the most-favored destination for citizens of the Gulf Cooperation Council (GCC) member states seeking jobs while the Kuwaitis lead the real property owners in the region, a report showed here on Sunday.
KUWAIT: Kuwait will spend around USD 30 billion on energy-related projects by 2012, said an economic magazine here Sunday.
KUWAIT: Three children died and a maid seriously injured Friday when fire broke out at a camp in Subbiya district, Kuwait Fire Service has announced.
Indians in Kuwait continued to crowd foreign exchange centers across the country to send money home yesterday as the Indian rupee plummeted to an all-time low against the dollar. A Kuwaiti dinar fetched 192.30 rupees yesterday, a record low for the Indian currency while a dollar traded for 54 rupees.
NEW DELHI: NRI doctors are a step closer to be able to practice or teach medicine in India. The Cabinet on Tuesday cleared the National Council of Human Resources in Health (NCHRH) Bill that allows doctors who hold the Overseas Citizens of India (OCI) status to work in India. They can also join medical college as faculty.
MADURAI: Mystery surrounds the death of a man who went 10 days ago to Kuwait to tend camels for a living. The man was reported dead two days back and his wife has sought the help of the Ramanathapuram district administration to bring his body back home.
The Indian Community School Kuwait (ICSK) made history when its athletes clinched the recently concluded CBSE Kuwait Cluster Athletic Championship overall trophy for the tenth consecutive year. It was a convincing win with a grand tally of 423 points, well ahead of the other Indian schools in Kuwait.
KUWAIT: According to figures by the Interior Ministry, there was slight increase in annual crime rate between 1980 and 1989, then there was a greater increase between 1993 and 1998, followed by a drop till 2003, and an eventual increase again between 2004 and 2010.
KUWAIT: A kilo of pure gold dropped to KD 15,150 towards the end of trading last Thursday, due to the European debt crisis, after hitting the KD 15,600 mark earlier that same day.
KUWAIT: The number of workforce in Kuwait slightly rose by 1.1 percent by June 2011, from a year ago, to reach 2.2 million, the National Bank of Kuwait (NBK) said in a report on Saturday.
KUWAIT: Kuwait witnessed Saturday evening a full lunar eclipse as the moon vanished completely to then return visible as full moon. Related: Total lunar eclipse visible in Kuwait on December 10
Salaries in Kuwait increased by five percent on average over the last 12 months, according to global management consultancy Hay Group. Bonuses in 2011 were seven percent higher compared to 2010, according to Hay which analysed data for more than 100 organisations in Kuwait and more than 30,000 employees.
CHANDIGARH: The Ambassador of Kuwait, Sami Mohammad Al-Sulaiman, in a meeting with Haryana Chief Minister Bhupinder Singh Hooda, informed that Kuwait is in the process of making investments in Indian petrochemicals, fertilisers, healthcare and education sectors.
Dining and entertainment continue to be important priorities for consumers in Kuwait, according to findings of the latest MasterCard survey on Consumer Purchasing Priorities – Dining and Entertainment.
KUWAIT: The Ministry of Interior has agreed to allow the children of expatriates, who entered the country on dependent visas and are now waiting for the completion of the processing of their residence permits, to enroll in private schools and universities, reports Al-Watan Arabic daily quoting sources.
DOHA: Kuwait has allocated KD 75 billion for the development of oil-related projects in the country, as part of its development plan, Executive Director of the state-run Kuwait Petroleum Corporation Farouq Al-Zanki said Tuesday.
KUWAIT: Landlines subscribers should pay their bills or face service cut-offs this month, said the Ministry of Communication on Monday. The Ministry’s head of Public Relations Ahmad Ramadan told the press, the systematic cut-off of the phone services will be preceded by two warning sms text messages on December 11-18 before actually terminating the service on December 25th.
CHENNAI: Chennai-born Lux Ananthraman has created iTwin, a pair of identical USB drives that share data exclusively between them over any connection. The procedure is insert the USB drive you are carrying in any computer and you can access all your files securely and without the need for any third-party software. For iTwin, all you need is internet access. And it costs just about Rs 5,000 ($99).
KUWAIT: A total lunar eclipse is to occur Saturday December 10, 2011, and would be visible in Kuwait after sunrise, said Kuwaiti meteorologists Adel Al-Saadoun and Msaed Al-Hammad on Sunday.
Dubai: Drake and Scull Kuwait (DSK) a subsidiary of Drake & Scull International (DSI) PJSC a regional market leader in integrated design, engineering and the construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting, and Water & Power inked today a AED 200 million contract to execute the MEP package for the college of art as part of the Sabah Al-Salem University development in Shadadiya, Kuwait.
KUWAIT: The Ministry of Health has presented a proposal to the Civil Service Commission (CSC) on increasing the salaries of Kuwaiti and non-Kuwaiti doctors by 40 to 60 percent, reports Al-Dar daily quoting official health sources.
KUWAIT: Dietician Laila Agha stressed that obesity in Kuwait is a major issue which results in numerous diseases and psychological problems that affect children and adults. She revealed that Kuwait ranks the 13th on global scale in obesity, according to the World Health Organization.
An Indian policewoman who led a controversial campaign against couples displaying affection in public places has been suspended for harassment. Alka Pandey and her team raided parks and handed out instant punishment, forcing the boys to do sit-ups, in Sahibabad in Uttar Pradesh state.
KUWAIT: Inflation in Kuwait rose 4.8 percent in October compared to the same month of last year, on yearly basis, and rose 0.1 percent in contrast to September on monthly basis, the Central Department of Statistics said in a report released on Wednesday.
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