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Tuesday , November 20 2018

Arab Times

14th Nov

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Kuwait suspends work at all ministries, state institutions, colleges and public and private schools on Wednesday

  KUWAIT, Nov 13 (KUNA): The Kuwaiti government on Tuesday decided to suspend work at all ministries, state institutions, faculties, and public and private schools on Wednesday as a precautionary step. The step was taken in line with forecasts by local and global meteorologists that the country would witness unstable weather …

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Amir, Abbas hold official talks

KUWAIT CITY, Nov 13: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received Tuesday at Bayan Palace President Mahmoud Abbas, President of the State of Palestine and his accompanying delegation. The official talks were held between the two sides, where the Kuwaiti side was chaired by His Highness the …

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Financing development projects in line with Kuwait vision: Al-Nahedh

KFH CEO emphasizes role of Islamic finance in financing solutions KUWAIT CITY, Nov 12: Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh emphasized the role of Islamic finance instruments in providing effective financing solutions, indicating the opportunity size in the Islamic Finance space is over USD …

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Digital economy has become a foundation of global economy

Commerce minister inaugurates business forum KUWAIT CITY, Nov 12, (KUNA): Digital economy has become one of the most important and mostly used applications nowadays to the extent that it has turned into a basic foundation of the global economy, says Minister of Commerce and Industry Khaled Al- Roudhan. This (virtual) …

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Less oil production to help maintain balance

ABU DHABI, Nov 12, (KUNA) : Reducing oil production to maintain market balance could be necessary in the not too distant future, a Kuwaiti official warned on Sunday. OPEC ministerial talks held here revealed commitment to reduction by 104 percent in October, Kuwait’s OPEC representative and Kuwait Petroleum Corporation (KPC) …

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MP submits grilling request on floods – Spotlight on management failures KUWAIT CITY, Nov 12: As expected by watchful eyes, an interpellation on massive floods that the country witnessed recently and damages to government and public properties has been submitted to the National Assembly. MP Shuaib Al-Muaizri presented the interpellation …

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Precautionary procedures issued against 44 firms for violating Law No 106/13 in Oct

Dept eyes closing down 14 realty, jewellery cos KUWAIT CITY, Nov 12: Ministry of Commerce and Industry said in a press release that the Department for Fighting Money Laundering and Terrorism Financing had issued precautionary procedures against 44 companies that violated Law No. 106/2013 in the month of October, reports …

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No more fatalities due to rainfall: MoI

KUWAIT CITY, Nov 12, (KUNA): The Ministry of Interior has dismissed social media reports about an increase in the number of deaths caused by the heavy rainfall which engulfed the country Friday. In a press statement, the ministry stressed that the severe weather conditions had left only one fatality. The …

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Philippines Embassy to implement new contract system for domestics

‘Embassy can summon sponsor in case complaint’ KUWAIT CITY, Nov 12: Embassy of the Philippines in Kuwait has started implementing a new system for the recruitment of its citizens to work in the domestic sector of Kuwait, reports Al-Rai daily. One of the most prominent provisions of this contracting system …

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