Latest news with #KIC
7NEWS
20 hours ago
- Health
- 7NEWS
Top-rated fitness app Kic announces huge mid year sale with up to 40 per cent off
If you're strugging to find motivation to exercise this winter, fitness app Kic is here to help you every step of the way. Founded by best friends Laura Henshaw and Steph Claire Smith, it's a one-stop-shop for exercise classes, nutritious recipes and guided meditations, helping to boost confidence and feel good when working out. KIC has just announced its four week Move On from Mid Challenge, offering up to 40 per cent off memberships. There's two workout options to choose from; pilates or strength, with three different activities per week to keep you feeling good. Supporting mobility and mobility, it's the perfect opportunity to motivate yourself this winter, and for any Kic mummas, there's even a four-week postnatal reset to encourage gentle movement and me-time. But you've got to get in quick — this epic sale ends July 30. Thanks to the epic sale, you could save up to 40 per cent off your KIC membership if you join the Move On from Mid challenge before July 30. Quarterly subscriptions now $48.99 AU ($69.99 after your first quarter) Annual subscriptions now $79.99 AU ($134.99 after your first year) Monthly subscriptions $29.99 AU (including a 7 day FREE trial) Offering an alternative to fad diets and quick transformations, Kic's Move On from Mid challenge is all about building positive habits and feeling good when exercising. Does the strength challenge sound up your alley? It's designed to keep you feeling motivated over the four week challenge. Here's exactly what you can expect: 3 activities a week, designed to help you gently spark a little movement. Workouts that move on with your mood – starting with beginner-friendly classes with Head Trainer Danny and then progressing to intermediate strength sesh's with Tori. 5-20 minute workouts, paired with mobility and mindfulness. Or if the pilates challenge is a better fit for you and your fitness goals, expect to spark movement on the mat from the comfort of your home. Here's exactly what you can expect: 3 activities a week, designed to help you gently spark a little movement. Start with Christina's beginner-friendly classes to find your flow. Then, you'll progress to intermediate classes with our fiery trainer, Kika. 5-20 minute workouts, paired with mobility and mindfulness to help calm the chaos of the outside world.
New Indian Express
3 days ago
- Politics
- New Indian Express
Century Club is public authority under RTI Act, upholds Karnataka HC
BENGALURU: The Karnataka High Court on Tuesday declared that the Century Club is a public authority under the Right to Information (RTI) Act. Justice Suraj Govindaraj passed the order dismissing a petition filed by Century Club, questioning the order passed by the Karnataka Information Commission (KIC) declaring the club as a public authority. Advocate S Umapathy had filed the application to the club, seeking certain documents under the RTI Act in 2012, and the club in November of the same year informed him that it is not a public authority as defined under Section 2(4) of the Act, and therefore, there is no necessity to furnish the said information to him. Against this, Umapathy moved the KIC in 2013 on the ground that the Maharaja of Mysore, having provided a free grant of 7.5 acres of land abutting Cubbon Park to Century Club, amounts to substantial indirect finance by the state and therefore, the club would be covered under the RTI Act. However, the Century Club contended before the KIC that though the land had been granted by the then Maharaja of Mysore, the same cannot be construed as substantially financing the club, which is an independent society, and it cannot come within the purview of the RTI Act. Rejecting it, the KIC on March 14, 2018, passed the order impugned, directing the club to furnish the information. Therefore, the club moved the HC in 2018.
Mid East Info
03-07-2025
- Business
- Mid East Info
Jahez Application and Kuwait Innovation Center Launch the First Food Hackathon in Kuwait - Middle East Business News and Information
Abdulrahman Reda: This hackathon is a celebration of youth, innovation, and the spirit of entrepreneurship in Kuwait Kuwait City, 3 July 2025 – Jahez Application, a pioneering platform that connects customers with their favorite shops through online orders, officially launched the First Food Innovation Hackathon in Kuwait in strategic partnership with the Kuwait Innovation Center (KIC). This joint launch of a national-level Hackathon Program marks a significant step toward empowering young minds and nurturing innovation in Kuwait's food sector, aligning with the broader objectives of Kuwait Vision 2035. Following the signing of a Memorandum of Understanding (MoU) on 25th June 2025, Jahez Application and Kuwait Innovation Center (KIC) rolled out a 7-phase program designed to take participants from ideation to implementation. The hackathon is open to youth, students, developers, and creative thinkers across Kuwait, who are invited to bring forward transformative ideas that address real-world challenges in the food delivery industry through the use of AI and digital innovation. Registration for the hackathon officially opens on the 13th of July, with applications being filtered on a rolling basis. Selected participants will be announced during a formal confirmation phase, where teams will be onboarded and prepared for an intensive 3-day bootcamp scheduled for 6 to 8 August at the Kuwait Innovation Center. The bootcamp will feature skill-building workshops covering AI concepts, Figma interface design, business modeling, and innovation frameworks. Participants will also gain hands-on insights into the operations and technologies used by Jahez Application, enabling them to align their solutions with real industry needs. Finalists will showcase their prototypes and business plans to an expert panel during a live pitching and awards ceremony on 16th of August at Andalus Hall, marking the program's conclusion. The top three winning teams will receive cash prizes and recognition for their innovations: KWD 3,000 for first place, KWD 2,000 for second place, and KWD 1,000 for third place. Top ideas will receive incubation support, mentorship, and possible implementation with Jahez Application, ensuring long-term impact and opportunities for continued growth beyond the event. Commenting on the launch, Abdulrahman Reda, Marketing Team Lead at Jahez Application, said, 'This hackathon is a celebration of youth, innovation, and the spirit of entrepreneurship in Kuwait. Together with KIC, we are proud to create a platform where aspiring minds can reimagine the future of food delivery, develop bold solutions, and gain the support needed to bring those ideas to life.' Reda added, 'At Jahez, we believe in empowering young talent through real opportunity. With this initiative, we aim to nurture creativity, drive practical change, and create lasting value for our sector's future.' Through an inclusive promotional campaign supported by PR outreach and active engagement with local communities and creative networks, Jahez Application and KIC aim to attract a diverse pool of participants. The hackathon is designed not only to serve as a launchpad for innovative solutions but also as a hands-on learning experience driven by mentorship, collaboration, and real-world problem-solving. Jahez Application and KIC invite anyone interested to stay tuned to their official channels for registration details and updates, as they gear up to support the next generation of food tech innovators in Kuwait. About Jahez Jahez-Kuwait is a subsidiary of Jahez International Company KSA, one of the largest food delivery companies in Saudi Arabia. Founded in 2016, Jahez was quick to gain traction in the food delivery industry in Saudi Arabia, emerging as a prominent player with over 1.3 million active users and over 34,000 delivery partners across Saudi Arabia as of 31st March 2021. In 2022, Jahez entered the Kuwaiti market while simultaneously launching its Bahrain operation during the same year.
Kuwait Times
02-07-2025
- Business
- Kuwait Times
Jahez Application, KIC launch first Food Hackathon in Kuwait
KUWAIT: Jahez Application, a pioneering platform that connects customers with their favorite shops through online orders, officially launched the First Food Innovation Hackathon in Kuwait in strategic partnership with the Kuwait Innovation Center (KIC). This joint launch of a national-level Hackathon Program marks a significant step toward empowering young minds and nurturing innovation in Kuwait's food sector, aligning with the broader objectives of Kuwait Vision 2035. Following the signing of a Memorandum of Understanding (MoU) on June 25, 2025, Jahez Application and Kuwait Innovation Center (KIC) rolled out a 7-phase program designed to take participants from ideation to implementation. The hackathon is open to youth, students, developers, and creative thinkers across Kuwait, who are invited to bring forward transformative ideas that address real-world challenges in the food delivery industry through the use of AI and digital innovation. Registration for the hackathon officially opens on the 13th of July, with applications being filtered on a rolling basis. Selected participants will be announced during a formal confirmation phase, where teams will be onboarded and prepared for an intensive 3-day bootcamp scheduled for 6 to 8 August at the Kuwait Innovation Center. The bootcamp will feature skill-building workshops covering AI concepts, Figma interface design, business modeling, and innovation frameworks. Participants will also gain hands-on insights into the operations and technologies used by Jahez Application, enabling them to align their solutions with real industry needs. Finalists will showcase their prototypes and business plans to an expert panel during a live pitching and awards ceremony on 16th of August at Andalus Hall, marking the program's conclusion. The top three winning teams will receive cash prizes and recognition for their innovations: KD 3,000 for first place, KD 2,000 for second place, and KD 1,000 for third place. Top ideas will receive incubation support, mentorship, and possible implementation with Jahez Application, ensuring long-term impact and opportunities for continued growth beyond the event. Commenting on the launch, Abdulrahman Reda, Marketing Team Lead at Jahez Application, said, 'This hackathon is a celebration of youth, innovation and the spirit of entrepreneurship in Kuwait. Together with KIC, we are proud to create a platform where aspiring minds can reimagine the future of food delivery, develop bold solutions, and gain the support needed to bring those ideas to life.' Reda added, 'At Jahez, we believe in empowering young talent through real opportunity. With this initiative, we aim to nurture creativity, drive practical change and create lasting value for our sector's future.' Through an inclusive promotional campaign supported by PR outreach and active engagement with local communities and creative networks, Jahez Application and KIC aim to attract a diverse pool of participants. The hackathon is designed not only to serve as a launchpad for innovative solutions but also as a hands-on learning experience driven by mentorship, collaboration and real-world problem-solving. Jahez Application and KIC invite anyone interested to stay tuned to their official channels for registration details and updates, as they gear up to support the next generation of food tech innovators in Kuwait. Jahez-Kuwait is a subsidiary of Jahez International Company KSA, one of the largest food delivery companies in Saudi Arabia. Founded in 2016, Jahez was quick to gain traction in the food delivery industry in Saudi Arabia, emerging as a prominent player with over 1.3 million active users and over 34,000 delivery partners across Saudi Arabia as of March 31, 2021. In 2022, Jahez entered the Kuwaiti market while simultaneously launching its Bahrain operation during the same year.
Mint
30-06-2025
- Business
- Mint
US Treasuries Get Vote of Confidence From Korea's Wealth Fund
South Korea's $206.5 billion sovereign wealth fund is standing by US Treasuries as a core holding, undeterred by recent market volatility. 'We are happy to invest in US Treasuries in a sense that the bonds give very strong liquidity and stable returns,' regardless of short-term market volatility, Park Il Young, chief executive officer of Korea Investment Corp., said in an interview with Bloomberg. Park's remarks underscore the enduring appeal of US assets for long-term investors such as sovereign wealth funds, even after recent bouts of volatility have undermined their allure. Uncertainties over President Donald Trump's trade policy and ballooning fiscal deficits have roiled the Treasury market and pushed a gauge of the dollar down more than 10% from a January high. Investors have been diversifying exposure as a long-term trend, and it's unlikely that the Trump administration's policies will shake the dollar's status as a key reserve currency, he said. 'As for the weight of UST in our portfolio, we don't have any plans to change it yet. We don't have any specific plans. Basically, the nature of bond investment is to secure stability and liquidity,' Park added. The fund does not give out details of its Treasuries holdings. Despite the turmoil in financial markets, foreign investors' holdings of US Treasuries held close to a record high in April, latest data showed. Japan and Britain raised their holdings, while China and Canada cut their exposure, the data showed. Read: Foreign Treasuries Holdings Held Near a Record in April Turmoil While Park acknowledged potential risks to fixed-income investments stemming from inflation and shifts in US fiscal and interest-rate policy, he also expected continued efforts to stabilize interest rates. America's rising debt and deficit, a downgrade by Moody's Ratings and Trump's massive budget bill are further clouding the outlook of the world's biggest economy. That puts investors from Asia, including institutions like KIC, at the center of efforts to finance America's deficits, particularly through sustained demand for Treasuries, a critical pillar of US economic stability. KIC held nearly 64% of its public assets in North America as of end-2024, up from from 61.1% in 2023. The sovereign fund, which returned 8.49% last year, only invests in overseas assets. Park, who took the helm in September, is under pressure to improve the fund's performance. During a parliamentary audit last year, lawmakers criticized KIC for lagging behind its peers. Norway's sovereign wealth fund, Norges Bank Investment Management, posted a 13% return last year. One of KIC's strategies has been to ramp up private and alternative investments, especially in the US, to cushion against public market volatility. The fund plans to expand its New York office staff by 30% to about 30 by year-end, and is preparing to launch a new US-focused alternatives fund. About 21.9% of KIC's investments were in alternative assets last year, and the fund plans to increase that ratio to 25% over the medium to long term. 'Private credit and infrastructure — which currently make up smaller portions of the alternative asset portfolio — are less sensitive to the economic cycle and could help generate stable return if we increase investments,' said Park, who previously held positions at the World Bank and the country's Finance Ministry. In its 2024 report, KIC said alternative assets delivered an annualized return of 7.68% since it started investing in the relatively new asset class — starting with private equity in 2009, real estate, hedge funds and infrastructure a year later. It only discloses yearly breakdowns for traditional assets. An India office that KIC opened last year is part of a gradual effort to help diversify its assets, according to Park. While the market has huge potential thanks to its booming middle class, it can be a challenging market for outsiders, he said. 'It's not a place where you can buy cheap and sell high,' Park said. 'KIC is focusing on expanding network and not rushing, given that even partners with over 20 years of experience in the country have struggled.' With assistance from Alex Chandler, Eudora Wong and Yoolim Lee. This article was generated from an automated news agency feed without modifications to text.
