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KUWAIT: Kuwait is aiming to bring in more international expertise for its major development projects and will hire a financial advisor to oversee legal, technical, and specialized consultants, His Highness the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah said Wednesday. HH Sheikh Ahmad chaired the 35th meeting of the ministerial committee monitoring major development projects at Bayan Palace.He said the move is part of Kuwait’s effort to strengthen international partnerships and involve global firms in current and future initiatives. “We aim to attract more global expertise to participate in current and future major projects in Kuwait,” His Highness the Prime…

U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | ReutersAn executive order that could soon be signed by President Donald Trump would thwart states’ artificial intelligence laws by launching legal challenges and withholding federal funding, according to a draft of the order obtained by CNBC on Wednesday.The draft surfaced shortly after Trump publicly called for a single federal standard on AI “instead of a patchwork of 50 State Regulatory Regimes.”The draft order would give Attorney General Pam Bondi 30 days to establish an…

KUWAIT: Kuwait has renewed its firm and longstanding commitment to protecting children’s rights and ensuring their well-being, in line with the constitution, national legislation and the UN Convention on the Rights of the Child, which Kuwait ratified in 1991. This came in a press release by the ministry of foreign affairs on Thursday, marking World Children’s Day.The ministry said Kuwait takes pride in its active role in supporting regional and international efforts to advance children’s rights, as well as its humanitarian partnerships that provide relief assistance — particularly in conflict and disaster-affected areas — to meet the needs of affected…

MUSCAT: Kuwait took home four awards at the 2025 Gulf Film Festival, held from November 16 to 19 at the Oman Convention and Exhibition Center. The festival was organized by Oman’s Ministry of Culture, Sports and Youth under the umbrella of the Gulf Cooperation Council Secretariat. The documentary Baqshat Saad, directed by Mijbel Saad Al-Faraj, won the award for Best Documentary. The short film Tashathi, directed by Maryam Alabbad, received the award for Best Cinematography.Best Director went to Hatim Hossam Al-Deen for the feature film Akh, while actor Hussain Alhaddad won Best Actor for his role in the same film.…

The Reds are set to return to action following the international break by welcoming Nottingham Forest to Anfield on Saturday afternoon.It’s a game that begins a series of seven in just 21 days for Arne Slot’s side across two competitions.Nevertheless, it’s a challenge Ekitike believes he and his teammates are ready to tackle, telling Liverpoolfc.com: “I think it’s going to be a tough period with a lot of games – not easy games. The games before the internationals were obviously difficult, too. “We are going to need to stick together and really support each other because it is going to…

Steve Sonnenberg credits his entrepreneurial “superpower” with helping him turn a side hustle into a company that’s now valued at $1 billion, he says.The key to his success, he says: He’s not fazed by the risk of launching a new venture, or by the inevitable setbacks that follow. “When it comes to entrepreneurship, my superpower is all about just beginning. It’s very easy for me to start, because that’s just who I am,” says Sonnenberg, 44, the co-founder and CEO of employee rewards platform Awardco. And when he experiences obstacles with his business, “I just pivot really fast, because I know…

Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California.Getty ImagesAs more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped.Walmart and TJX, T.J. Maxx’s parent company, stood apart from the pack this week by hiking their full-year forecasts and expressing optimism about the start of the holiday season. Both said sales have grown as they win shoppers across the income spectrum, in the same week other major U.S. retailers Home Depot, Lowe’s and Target cut their profit outlooks and said they saw…

Andriy Onufriyenko | Moment | Getty ImagesBitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal Reserve rate cut next month. The flagship digital currency fell to as low as $86,325.81, its lowest level since April 21. It last traded at $86,690.11.The release of stronger-than-expected U.S. jobs data raised questions about whether the central bank would lower its benchmark overnight rate. The U.S. economy added 119,000 in September, well above the 50,000 economists polled by Dow Jones expected. That report…

Nov 20, 2025, 12:09 PM ETBirmingham City unveiled plans Thursday to build a 62,000-seat stadium that the second-tier club envisions as its home for not only Premier League matches but also a destination for the biggest music stars and the NFL.The Championship team, which counts NFL great Tom Brady as a minority shareholder and U.S. financier Tom Wagner as chairman, said the venue would be the “beating heart” of Birmingham as the centerpiece of a project costing at least £2.5 billion ($3.2 billion).The proposed Birmingham City Powerhouse Stadium would feature 12 giant chimneys and be built in Bordesley Park, East…

The rally in Asian chip stocks after Nvidia’s latest stellar earnings release tells only half the story of what is unfolding across global markets.  Investors saw SK Hynix climb, Samsung surge, TSMC advance and Foxconn strengthen. They saw Nvidia deliver another quarter of exceptional revenue and raise forecasts again.  What many didn’t see, or chose not to confront, is that this moment marks the beginning of an AI reckoning that will shape investing long after the reaction to a single earnings release fades. I have spent two years watching the world price AI as if the path forward were linear.…