Boursa Kuwait's general index climbs 51.51 points
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Kuwait Times
11 hours ago
- Kuwait Times
Abyat joins NBK Rewards Program
Abyat joins NBK Rewards Program In light of NBK's commitment to enriching the customer experience KUWAIT: Reflecting its commitment to enriching the banking experience of its customers by providing exclusive offers and special rewards, National Bank of Kuwait announced the joining of Abyat, a leading company specialized in retail furnishing and finishing materials, to the NBK Rewards Loyalty Program. This exciting new partnership brings NBK Credit and Prepaid Cardholders an exclusive opportunity to earn 5 percent or redeem their NBK Rewards Points on their purchases at Abyat when spending KD 100. Starting Wednesday, NBK customers can enjoy benefits when shopping for furniture at Abyat. Whether renovating or simply refreshing a space, customers now have more reason to shop at Abyat with their NBK Credit or prepaid cards. The earned NBK Rewards points can be fully or partially redeemed for purchases at all participating outlets immediately through POS terminals. On this occasion, Homoud Al-Nasrallah SVP – Head of Merchant Business and Customer Loyalty Management commented: 'We always strive to strengthen our ties with leading companies across different fields and widen our network of partners within the NBK Rewards Program, as we hope to elevate and enrich our customers' banking experience and enhance the rewards and benefits when they use their NBK Credit and Prepaid Cardholders at their favorite outlets. Therefore, we're thrilled to welcome Abyat to the NBK Rewards Program. This partnership is a reflection of our commitment to giving NBK customers more value from the brands they already love - and Abyat is a household name when it comes to home solutions in Kuwait.' Al-Nasrallah also highlighted that to benefit from this offer, customers simply need to spend KD 100 or more using their NBK Credit or Prepaid cards in-store at Abyat. The 5 percent NBK Rewards points will be automatically credited to the rewards center, making home shopping even more rewarding. The NBK Rewards Program is Kuwait's largest loyalty program, offering unmatched savings and benefits across more than 800 partner outlets from retail and dining to entertainment and health and wellness centers.
Arab Times
18 hours ago
- Arab Times
Visitors Given 30 Days To Exit Saudi Arabia Under New Overstay Regulations
RIYADH, July 15: Saudi Arabia has introduced a landmark immigration reform aimed at curbing visa overstays through the launch of a 30-day grace period for visitors with expired visit visas. Effective since June 27, 2025, the new regulation enables overstaying individuals to exit the Kingdom legally within 30 days without incurring penalties. The grace period applies to all types of visit visas, including tourism, business, family visits, and Umrah permits. Travelers wishing to benefit from this facility must apply for an exit permit through the government's digital Absher platform, which facilitates a streamlined and transparent process. Applicants are required to settle any outstanding fines or fees before submitting their exit requests. Importantly, the grace period is strictly intended for final exit and does not allow visa extensions, changes in visa status, or re-entry during this window. Authorities have emphasized that failure to exit within the grace period will result in severe penalties, including fines up to SAR 50,000 (approximately USD 13,000), imprisonment for up to six months, and subsequent deportation. Employers or sponsors who fail to report overstaying individuals' departures face fines up to SAR 100,000. The Absher platform plays a crucial role in enforcing the new measures by providing real-time alerts on visa expirations, processing exit requests, and enabling applicants to monitor the status of their submissions. The reform reflects Saudi Arabia's commitment to modernizing immigration procedures while ensuring compliance with residency laws. Officials have urged all expatriates and visitors to adhere strictly to the new regulations to avoid legal consequences.
Kuwait Times
a day ago
- Kuwait Times
Kuwait, France reaffirm ties
Kuwait, France reaffirm ties Amir meets Macron, attends Bastille Day celebrations • Key agreements signed PARIS: HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and his accompanying delegation attended Monday's Bastille Day military parade in Paris, marking France's National Day and 80 years since World War II, in the presence of French President Emmanuel Macron. Participating in the celebration were Indonesian President Prabowo Subianto and senior French officials. An official reception was held at the Elysee Palace for HH the Amir on the occasion of his official visit to France. He was received by Macron and greeted the French government's top officials as the French president shook hands with HH the Amir's accompanying delegation. Official talks between the two heads of state took place, discussing the long-lasting, sturdy ties between the two nations and modes of supporting and developing these relations to serve the nations' best interests. The talks also included negotiations and coordination on issues of common interest, as well as the latest developments on regional and international fronts. Macron then held a lunch banquet at the Elysee Palace in honor of HH the Amir's official visit to the country. In the presence of HH the Amir and Macron, a ceremony was held Monday afternoon at the Elysee Palace for the signing of two declarations of intent between Kuwait and France. The first is related to the strategic investment partnership for 2025-2035, and the second is meant to strengthen cooperation in the cultural field and to commemorate, in 2026, the 65th anniversary of Kuwaiti-French diplomatic relations. The two declarations were signed by Kuwaiti Minister of Foreign Affairs Abdullah Al-Yahya and French Minister for Europe and Foreign Affairs Jean-Noel Barrot. HH the Amir and his accompanying official delegation left France later on Monday, seen off by French and Kuwaiti officials. Earlier, HH the Amir sent a cable to Macron on the occasion of his country's national day, wishing him and the people of France more success and development. HH the Deputy Amir and Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah and HH the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah sent similar cables to Macron. — KUNA
