Thursday , October 18 2018

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KPC plans $500bn oil spend by 2040 – Capacity to surge

KUWAIT CITY, Jan 31, (RTRS): Kuwait Petroleum Corporation expects to spend over $500 billion as it boosts its crude oil production capacity to 4.75 million barrels per day in 2040, the national oil firm said on Wednesday, outlining ambitious growth plans for the next two decades. “KPC is expected to …

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450 expats leave without fine, thousands to avail of amnesty

KUWAIT CITY, Jan 31: Due to the amnesty period that came into effect two days ago, thousands of expatriates who are in violation of the residency law have been thronging the embassies of their countries for receiving a temporary travel document “Laissez-passer”, which will allow them to travel without their …

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Number of Filipino politicians criticize president’s decision

Suspension should only be tied to cases of emergency KUWAIT CITY, Jan 31: A number of Filipino politicians, writers and officials through the Philippine newspapers and media have criticized the Philippine president’s decision to suspend the employment of Filipino workers to Kuwait under the pretext of ‘violations’ committed against Filipino …

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Mattis praises US-Qatar defence ties

WASHINGTON, Jan 31, (Agencies): Secretary of Defense James Mattis praised the US defense partnership with Qatar, calling it “a longtime friend in the region,” during bilateral talks on Tuesday with senior Qatari officials. Mattis praised his counterpart, Qatari Defense Minister Khaled Al-Atiyah, and the senior members of the delegation for …

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‘Islamist Fighters’ children potentially brainwashed’

Suspects weep as parents testify at Paris attacks trial BERLIN, Jan 31, (Agencies): Germany’s domestic intelligence chief wants the government to review laws restricting the surveillance of minors to guard against the children of Islamist fighters returning to the country as “sleeper agents” who could carry out attacks. Hans-Georg Maassen, …

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Income diversification, deficit key challenges in ’18

KUWAIT CITY, Jan 30, (KUNA): Kuwait government has been carrying out a multi-faceted plan for four years now to address budget deficit and diversifying national income, against the backdrop of low oil prices. Drop in oil prices since mid-2014 created a critical economic and financial reality, which aroused serious questions …

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Indian Embassy details procedures for amnesty

KUWAIT CITY, Jan 30: As per the latest Directives of Ministry of Interior Kuwait, regarding travel of expatriates back to their countries without payment of penalty/fine for violation of ‘Residency Rules’, following guidelines may be noted by the Indian community in Kuwait, says a press release issued by the Indian …

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‘Internet project will put Kuwait on par with other global IT hubs’

His Highness the Amir receives Al-Saleh, Al-Uthaina KUWAIT CITY, Jan 30, (KUNA): Kuwait’s planned “territorial communication pathway” project will put the country directly on the path towards becoming an IT powerhouse, the Chairman of the Public Authority for Communications and Information Technology said Tuesday. In a meeting with His Highness …

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UN official praises Kuwait for hosting Iraq rebuilding confab

G-7 reaffirm support for reconstruction meeting GENEVA, Jan 30, (KUNA): The chief of the International Organization for Migration (IOM) William Lacy Swing on Tuesday spoke highly of a Kuwaiti initiative to hold a conference over the reconstruction of war-torn Iraq. In his meeting with Kuwait’s permanent delegate to the United …

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Yemen pins hope on Kuwait

SEPARATISTS SURROUND PRESIDENTIAL PALACE KUWAIT CITY, Jan 30, (Agencies): Kuwaiti Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah and his visiting Yemeni counterpart Abdulmalik Al-Mekhlafion Tuesday met on the latest regional developments. They also addressed ongoing international efforts to find a political solution to the Yemeni problem …

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