Monday , January 22 2018

Top Stories

Banks wary of loans in corruption probe

DUBAI, Nov 20, (RTRS): Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia’s anti-corruption crackdown, according to four banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing …

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‘Plan to cut down number of expats irks visa traders’

Green light on reduction of foreigners in state institutions KUWAIT CITY, Nov 19: Minister of Social Affairs and Labor, the State Minister for Economic Affairs Hind Al- Sabeeh denied that visa traders or influential people are keeping the pressure on her to prevent implementation of the plan to cut down …

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‘Rain expected until Wed … temp to drop’ – ‘Authorities ready’

KUWAIT CITY, Nov 19, (KUNA): The next three days will witness scattered midrange showers followed by a temperature drop at the weekend, a meteorologist suggested on Sunday. The rains, which will reach their peak on Tuesday, are a result of low surface pressure arriving from Europe which will be focused …

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Hariri status murky – Wednesday return seen

PARIS, Nov 19, (Agencies): Lebanon’s Prime Minister Saad Hariri said he will return home in the coming days from where he will declare a political stance for the first time since making a strange resignation announcement from Saudi Arabia that unleashed fears of a crisis in Lebanon. Hariri and his …

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Last DAESH town retaken

DEIR EZZOR, Syria, Nov 19, (AFP): The Syrian army and loyalist militiamen Sunday retook full control of Albu Kamal from the Islamic State group, a military source said, ousting the jihadists from their last urban stronghold in Syria. Albu Kamal has changed hands several times, with government forces announcing the …

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Iraqi president to discuss vital issues on Kuwait trip

Masum calls for investment BAGHDAD, Nov 19, (KUNA): Iraqi President Fuad Masum will visit Kuwait on Monday to discuss vital topics such as the compensations file, the borders issue, and ways to boost and enhance relations. The visit is also seen as a step to coordinate efforts for the upcoming …

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Government submits draft law on borrowing to cover deficit – MP renews impound queries

KUWAIT CITY, Nov 18: The government has submitted a draft law on obtaining loans from international and local financial institutions to address the State’s budget deficit, says Rapporteur of Financial and Economic Affairs Committee in the National Assembly MP Saleh Ashour. However, Ashour argued that there are alternatives for the …

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“Revoke landing rights for Kuwait Airways” – German Ministry

BERLIN: The German government should revoke landing rights for Kuwait Airways given its ban on Israeli passengers, a senior Justice Department official said on Friday, saying such discrimination was intolerable. Christian Lange, parliamentary state secretary in the ministry, appealed to Chancellor Angela Merkel to personally advocate a ban on Kuwait …

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France grants Kuwait Nat’l Guards’ Al-Refai top medal – Ties deep-rooted: envoy

PARIS, Nov 18, (KUNA): French Government awarded late Friday Assistant Chairman of Kuwait National Guards Lt Gen Eng Hashim Al-Refai with The National Order of The Legion of Honor for his contributions in military field and relations between the two countries. France also awarded the Medal of Honor to Lieut …

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