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Prince AlWaleed Bin Talal Invest With Twitter

Posted by Khalil in Announcement | Economy | Reviews | Technology | World Life - (0 Comments)

Prince Alwaleed bin Talal announced today that he’s purchased an approximately 3-percent stake in social media site Twitterfor $300 million. Alwaleed is one of the wealthiest men in the world and his interest in Twitter could mean even bigger things for the site in the future. In August, Twitter raised $800 million from private investors and was valued at $8.4 billion. Alwaleed’s stake could value the company at more than $10 billion now.

The Twitter stake, bought jointly by Alwaleed and his Kingdom Holding Co investment firm, resulted from “months of negotiations”, Kingdom said in a statement.

Applying an $8 billion valuation figure for Twitter used by some analysts, the investment by Alwaleed and Kingdom amounts to a 3.75-percent stake.

Twitter, which allows people to send 140-character text messages, or Tweets, to groups of so-called followers, is one of the Web’s most popular social networking services, along with Facebook and Zynga.

The company said in September that was in no hurry to undertake a hotly anticipated initial public offering. It raised $400 million in venture capital financing this summer.

It now counts more than 100 million active users who log onto the service at least once a month.

Source - Source

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The Avenues: The Best Retail Development

Posted by Khalil in Economy | Entertainment | Kuwait Life | Others | Reviews - (0 Comments)

 

The Avenues Mall got the award of the Best Retail Development in Kuwait from the Arabian Property Awards. The Avenues is one of the largest mall covers hundreds of retails under professionalism standards.

Wish them the best and success in their upcoming phrase which hopefully will finish by mid of year next 2012.

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Infiniti Service: Repair Without A Repair

Posted by Khalil in Automotive | Economy | Kuwait Life | Others | Personal | Reviews - (2 Comments)

Since 2009, I bought a new brand car Infitini FX35 model 2010. The car is extremely perfect with facilities, features, design and etc. For every 5000 km, I visit the car service for regular maintenance and service for the car. As usual, every time I visit for regular service, they say you have to change the breaks and discs for the car. Since 2009 till now (2011) I’ve changed the front & back breaks and discs 6 times.

I thought to visit my family friend garage in Shuwiakh to check is the car need again to change the breaks. After the computer quick check-up and manual view the car is completely safe and the breaks has nothing to change.

Also the dealership don’t provide a warranty for these parts because they say its a manufacture mistakes. I also own another brand car (Porsche) since three years till now I haven’t even changed the breaks.

Why should I keep spending these expenses every 2-3 months around (100-200) for a car is safe and the dealership insure us to change it.

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What Could You Do With One Diner?

Posted by Khalil in Economy | Kuwait Life | Personal | Reviews - (0 Comments)

The year 2012 on the way to start. Economically, what are the consumer products/usage items were you could able to buy and get only for 1 KD. Everything getting increased year by year. Although, you could eat with 1 KD but it depends on the quality. Most of the cafes now server their coffees, drinks and foods from 1.500+.

I wrote this post, when I remembered in the past when my father give’s me 1 KD for school, which it I could eat twice in the break time and save it for the end of the day to take some ice-creams. This was not that long, but we are really facing prices crises in the market.

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Usage Popularity of Music Cassette Retailer in Kuwait

Posted by Khalil in Economy | Entertainment | Kuwait Life | Others | Reviews - (0 Comments)

First remember several years behind when most of the kids, youth and adults uses these audio retailers. Still I see looks of audio retailers are opening were they have huge amount of archived cassettes. But after the technology of the internet and devices, from my point of view people stop using these retails were every is easy to get now from one button.

How could these retailers such survive when all of the people currently uses CDs, DVDs, iPods etc. Although planning changing to CD seller is a loss when everything is available online free of charge.

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Kuwait Public Working Hours

Posted by Khalil in Economy | Kuwait Life | Personal | Reviews - (2 Comments)

Last and this week I weak everyday morning to finish some paper work in Ministries for a commercial licenses. Anyway, this what I really experience personally.

7am – Everyone should start reach and start preparing for work

8am – Everyone is there, still no numbers everyone is chatting and eating breakfast.

9am – Just start working…

10am – Waiting for the turn…

11am – Still waiting for turn…

12pm – We’ve finished come tomorrow…

1pm – Getting closed…

2pm – The actual time for leaving

I’m really not joking, this that happens to me everyday the same story with some of the ministries specially the Ministries Zone, you have to take a bus to get to your car.

Come on, till when … Wallah getting bored. You need to pay for a messenger (mandoob) to finish the work.

(Ba3ad Yaboon Kadr!!!)

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KFH: Jameati Account

Posted by Khalil in Economy | Education | Kuwait Life | Reviews - (0 Comments)

Kuwait Finance House (KFH) announced the launch of ” Jameati Account for Higher Education”, this account is a new saving & investment account specifically designed to save for higher education. The account assist parents to gradually save for their children and have a lump sum readily available to meet the higher education expenses, should it be in any part of the world. This new product comes as part of KFH’s innovative products and services.

The new account combines the advantages of investment saving accounts and Islamic Takaful insurance. “Jameati Account” allow parents to target a specific amount of money which will be saved within a predetermined period to finance the high educational expenses of their children. The monthly saving is invested and profits are added to the Jameati Account. When the child becomes 18 years the targeted saving amount plus the profits will be available, where the parent and the child could decide the best university to follow higher education (should it be doctor, engineer, lawyer, business or any..) and this university could be in any part of the world.

(more…)

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Q8Path: Kuwait Path!

Posted by Khalil in Economy | Kuwait Life | Reviews - (0 Comments)

It was really a busy day today, wondering around with meetings. From my way out to home, visiting Kuwait City, I’ve captured this amazing shot with clear fresh weather and watching the huge towers building up. I think Kuwait will be Kuwait Commercial and Financial Center: Without Preparation.

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Update: New Mega Advertisement Screen

Posted by Khalil in Economy | Kuwait Life | Reviews - (6 Comments)

Today morning, I was in Kuwait City. I spotted different mega advertisement screens next to the traffic lights.

I think our streets will be filled with bill-boards, screens and banners. Most of these banners are useful, but the prices are really unbelievable.

I’m waiting to see these screens, when they are active.

 

Update: They are advanced LED screen – got our message from Concord Outdoor.

it’s not a Mega, it is an advanced LED screen, and it will be on services soon, for more information you can check Concord Outdoor Mix Facebook page: http://www.facebook.com/concord-outdoor

Regards,

Jafar Mousawi
Head of Online & Social Media Department
Kuwait United Company
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