Wednesday , December 13 2017

Kuwait

Panel takes up Anti-Money Laundering Law – MPs eye overseas medical treatment

KUWAIT CITY, March 6: The parliamentary Financial and Economic Affairs Committee approved Sunday the government’s proposal to amend Article 16 of the Anti-Money Laundering Law in relation to the establishment of an independent investigations unit. Committee Chairman MP Faisal al-Shaye confirmed it has been agreed that the unit’s budget should …

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‘Govt to resort to local banks’

KUWAIT CITY, March 6: Financial sources say the government has no intention to continue withdrawing from the Future Generation Fund (FGF) to compensate for budget deficit in case the oil prices continue to decline in the coming period, reports Annahar daily. They noted the government will resort to the local …

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‘Finance, SAB expected to okay KD 1.2b dev projects’ – MPW starts construction, maintenance of roads, bridges

KUWAIT CITY, March 6: The Secretariat General of the Cabinet has affirmed that the Ministry of Finance and State Audit Bureau are expected to approve several development projects with an estimated total cost of KD 1.2 billion, reports Al-Qabas daily quoting sources. Sources revealed these projects include the improvement of …

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Amir re-affirms necessity of cooperation at top hierarchy

KUWAIT CITY, March 6, (KUNA): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Sunday re-affirmed necessity of “exerting further effort and boosting cooperation between the executive and legislative authorities.” His Highness the Amir Sheikh Sabah Al-Ahmad restressed on the necessity of greater cooperation between the National Assembly and …

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‘Rushing to execute projects in dev plan may hit state treasury’ – Many MPs eye monthly allowance to Kuwaiti woman married to Bedoun

KUWAIT CITY, March 6: Member of the Municipal Council Engineer Ali Al- Musa has said that it’s imperative to focus on economic development in the next period and that “rushing to implement the projects listed in the development plan as per the state’s structural policy may require withdrawing from the …

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‘Spending cut plans not attempt to tax citizens’ – NEW ELECTRICITY TARIFFS SOON

KUWAIT CITY, March 5, (Agencies): Planned economic reforms aim to rationalize spending, and are not an attempt by the government to levy taxes on the people, Minister of Electricity and Water Ahmad Al- Jassar said on Saturday. In a press statement after attending a meeting of the parliamentary committee on …

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DAESH terrorist organization planning of pumping KD 500 million into the bourses of Kuwait and the Gulf countries

KUWAIT CITY: DAESH terrorist organization is studying the possibility of pumping KD 500 million into the bourses of Kuwait and the Gulf countries and entering into partnerships with the Muslim Brotherhood Group that support the organization. However, the Capital Markets Authority (CMA) has objected to such a plan and will …

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Some women visit spice shops to buy head lice for KD 1.25 each in Jahra

Women believe it makes hair grow longer, thicker and they protect against strokes KUWAIT CITY, March 5: Some women have been visiting spice shops in Jahra to buy live head ‘lice’ for KD 1.25 each because they believe lice makes the hair grow longer and thicker and they protect against …

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36 pc of 833,861 citizens in age group of 15 & above ‘unmarried’ – Divorce becomes easy among Kuwaitis: Dr Muhaini

KUWAIT CITY, March 5: Recent statistic report from the Public Authority for Civil Information (PACI) revealed that 833,861 citizens are in the age group of 15 years old and above, among them 292,409 representing 36 percent are unmarried and 457,455 constituting 54.8 percent of the group are married. The report …

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Dev plans falter in absence of public support – official

KUWAIT CITY, March 5, (KUNA): It is not unusual for state-sponsored development plans to run into a brick wall because a wide swath of the society reject them, said a Kuwaiti official on Saturday. Secretary General of the Higher Council for Planning and Development Khaled Mahdi made that statement following …

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