Friday , October 20 2017

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Kuwait backs UNIDO’s efforts to eradicate global poverty: official

Taqui addresses 45th session of organization’s IDB in Vienna VIENNA, July 1, (KUNA): Kuwait has reaffirmed support to the UN Industrial Development Organization (UNIDO), encouraging comprehensive development around the globe to eradicate poverty. Acting Director General of Kuwait’s Public Authority for Industry (PAI) Abdulkarim Taqui on Friday addressed the 45th …

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‘Saudi Arabia has highest number of rich people’

KUWAIT CITY, July 1: Saudi Arabia tops in the Middle East and is 19th in the world in terms of the highest number of wealthiest people with per capita wealth of more than $30 million, as per a recent report concerning the wealthiest individuals in the world in 2016 released …

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Lloyds Bank stops trading in Qatari riyals’ – Qatar CDS hit 16 months high

LONDON, July 1, (RTRS): Britain’s Lloyds Banking Group said on Friday that it has stopped trading Qatari riyals and that the currency is no longer available for sale or buy-back at its high-street banks. A spokeswoman for the bank said a “third-party supplier” that carries out its foreign exchange service …

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Kuwait, Britain urge GCC dialogue – Italy voices confidence in Amir

QATARIS TO SEEK DAMAGES AGAINST GULF STATES – DOHA APPROACHES WTO QATAR DEFENSE MINISTER TO TURKEY AMID BASE DISPUTE LONDON, June 29, (Agencies): Britain and Kuwait on Thursday urged parties of the Gulf crisis to activate dialogue among member States of the Gulf Cooperation Council and act for safeguarding solidarity …

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Int’l businesses are caught in crossfire of Qatar’s blockade

Global companies face transport, trade barriers DUBAI/DOHA, June 29, (RTRS): International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments, lengthens travel times and prompts contingency plans in case the crisis deepens. The feud between Arab powers threatens to undermine the …

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Saudi releases seven Iranian fishermen

Detainees arrested over a year ago ANKARA, June 29, (RTRS): Iranian state TV said on Thursday seven Iranian fishermen detained by Saudi Arabia’s coastguard over a year ago had been returned to the country amid heightened tension between the regional rivals. “Seven Iranian fishermen who were arrested by Saudi Arabia’ …

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Tighter rules on entry, airline security to US

WASHINGTON, June 29, (Agencies): After months of wrangling, tighter restrictions on travel to the US from six mostly Muslim nations take effect Thursday evening after the Supreme Court gave its go-ahead for a limited version of President Donald Trump’s plans for a ban. Visa applicants from the six countries — …

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IS has lost 60% of territory and 80% revenue: analysts

US-backed forces cut off Raqqa escape route BEIRUT, June 29, (Agencies): The Islamic State group has lost more than 60 percent of its territory and 80 percent of its revenue, an analysis firm said Thursday, as the jihadist “caliphate” turns three. The group declared its selfstyled “caliphate” across swathes of …

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US, Kuwait stress restraint in crisis – Saudis reject negotiations

UAE ENVOY SAYS GULF MAY CONDITION TRADE TO ROPE IN ‘PARTNERS’ WASHINGTON, June 28, (Agencies): US Secretary of State Rex Tillerson and Kuwait’s Minister of State for Cabinet Affairs and Acting Minister of Information Sheikh Mohammad Abdullah Al- Sabah stressed “the need for all parties to exercise restraint to allow …

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Visitors from Kuwait and Oman laud Katara Fest

KUWAIT CITY, June 28: The entertainment activities organised by Katara – the Cultural Village Foundation in Qatar — on the occasion of Eid Al-Fitr earned praise from visitors who came from Kuwait and Oman, particularly its focus on Arab heritage and the magnificent presentation. In a report published on gulftimes. …

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