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Iraq hits Kurdish banking

BAGHDAD, Nov 9, (RTRS): Iraq’s central bank has ordered private banks to close their branches in the Kurdistan region within a week to avoid a ban on dollar sales, Iraqi banking sources said on Thursday. The central bank’s deadline expires on Nov 14 and all banks must report back with …

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Sisi ‘redlines’ Gulf

SHARM EL-SHEIKH, Nov 9, (Agencies): Egyptian President Abdel Fattah el-Sisi has re-affirmed that security of Arab and Gulf states is inseparable from Egypt’s national security. “Any threat to the Gulf is a threat to Egypt,” the Egyptian president said during a meeting with representatives of Egyptian, Arab and foreign media …

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CORRUPTION LAW CHALLENGE FAILS – Do your job, say MPs

Anti-Corruption Public Authority hailed KUWAIT CITY, Nov 8: MP Riyadh Al-Adsani congratulated the Board of Trustees and staff of the Anti-Corruption Public Authority after the Constitutional Court rejected a petition challenging the constitutionality of law number 2/2016 on establishing the authority and provisions about financial disclosure. Al-Adsani wished the chairman …

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Fresh arrests in Saudi graft purge

RIYADH, Nov 8, (RTRS): Saudi Arabian authorities have made further arrests and frozen more bank accounts in an expanding anti-corruption crackdown on the kingdom’s political and business elite, sources familiar with the matter said on Wednesday Dozens of royal family members, officials and business executives have already been held in …

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Kuwait reiterates total support to Palestinians – Gaza blockade condemned

NEW YORK, Nov 8, (KUNA): The State of Kuwait affirmed on Wednesday its full support toward the struggle of the Palestinian people in order to get their legitimate political rights by establishing their independent State on their territory according to 1967 borders. The remarks came in a speech by the …

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Rome keen to take part in Kuwait’s dev

KUWAIT CITY, Nov 8, (KUNA): The Italian Ambassador to Kuwait Giuseppe Scognamiglio has said that his country is eager to participate in the implementation of the projects on Kuwait’s development plans. He added that leading Italian companies have been carrying out infrastructure and housing projects in the Gulf country. Scognamiglio …

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Trump tours Forbidden City

Beijing seen as key to controlling Pyongyang BEIJING, Nov 8, (Agencies): US President Donald Trump toured the Forbidden City with Chinese leader Xi Jinping on Wednesday as he began the crucial leg of an Asian tour intended to build a global front against North Korea’s nuclear threats. After warning North …

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AMIR WARNS MPs MUST BE VANGUARD OF UNITY

All options open to preserve stability – Amir vows all measures to protect security KUWAIT CITY, Nov 7: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah has stressed the need to maintain national unity and avoid uttering statements that could divide the people of Kuwait, says National Assembly Speaker Marzouq …

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Saudi elite to face trial – Trump backs purge

RIYADH, Nov 7, (Agencies): Dozens of high profile Saudi political and business figures arrested in an anti-corruption sweep will face trial, the attorney general said, after the biggest purge of the kingdom’s elite in its modern history. Authorities hinted they could widen the crackdown after princes, ministers as well as …

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Cabinet condemns failed Houthi ‘missile attack’ on Saudi capital

Ministers welcome visit by Palestinian leader next week KUWAIT CITY, Nov 7, (KUNA): The Cabinet on Tuesday fiercely condemned the recently thwarted ballistic missile attack on the Saudi capital, Riyadh, carried out by the Houthis, saying the incident shows the group is “not serious” about peace. “This sinful assault by …

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