Abdulwahab Al-Rasheed, Kuwait’s Minister of Finance and Minister of State for Economic and Investment Affairs, said Tuesday that the government gave the green light to the funding of South Saad Al-Abdullah Town and the rehabilitation of Souq Al-Mubarakiya in FY 2022-2023. The total cost of the South Saad Al-Abdullah housing project is KD 2.1 billion (nearly $6.8 billion), to be phased over the coming state budgets according to the progress of the construction. It is included in the draft bill linking the budgets of the state departments for FY 2022-2023, he told reporters, noting that the bill still needs to…
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The Security Committee held its fourth meeting of the year today, under the chairmanship of Shaikh Khalifa bin Ali bin Khalifa Al Khalifa, Governor of Bahrain’s southern region. Brigade General Isa Thamer Al Dosary, the Deputy Southern Governor, as well as officers from the interior ministry attended the meeting. HH Shaikh Khalifa bin Ali bin Khalifa Al Khalifa stressed the importance of implementing plans and programmes, and coordinating with relevant security agencies, in order to further strengthen community partnerships and to further enhance the sense of belonging to the nation, in line with directives from the Minister of Interior, General…
As part of the ongoing preparations for holding the Forum of Ancient Civilizations in its fifth edition, scheduled for Baghdad in the last quarter of 2022, Iraq’s Foreign Minister Fouad Hussein met on Wednesday with the Iraqi Minister of Culture, Tourism, and Antiquities Hassan Nadhim. The two discussed preparations for holding the Forum of Ancient Civilizations in its fifth edition in Baghdad in the last quarter of 2022. Iran, Greece, China, Egypt, Italy, India, Mexico, Peru, and Bolivia are expected to participate. Among the participants were the Undersecretary of the Ministry of Foreign Affairs for Legal and Multilateral Affairs, Qahtan…
Kuwait welcomed the UN’s exceptional resolution requiring justification for vetoes. Speaking to the assembly, Minister Plenipotentiary Bader Al-Munayekh, Acting Charge d’Affaire of Kuwait’s Permanent Mission to the United Nations, argued that substantive disagreements are natural when it comes to veto use, and that resolution ensures transparent and constructive talks. A resolution headed by Liechtenstein was adopted by consensus by members of the 193-member UN General Assembly earlier today. The Kuwaiti senior diplomat noted that previous Veto abuse contributed to the Security Council not being able to fulfill its responsibilities, thereby jeopardizing international peace and security. On the occasion of the…
Saudi Arabia’s Minister of Economy and Planning, Faisal bin Fadel Al-Ibrahim took part in the Ministerial Forum for the Human Capital Project, which was organized by the World Bank Group virtually today. The forum was held in the presence of ministers from 70 countries around the world, with the aim of exchanging experiences and expertise on human capital development in the post-COVID-19 pandemic stage. The Human Capital Project (HCP), is an initiative to increase investments in people for economic growth and greater equity worldwide. Due to the current COVID-19 pandemic, it is even more critical to understand why countries should…
The Jordan Enterprise Development Corporation (JEDCO) announced its plans to launch several economic programs using e-applications. New programs to support establishment of startups and emerging projects nationwide, especially for young people, will accept applications round the year for the first time, according to a JEDCO statement on Wednesday. JEDCO will also launch a program to help prepare Jordanian companies to market their products in various industrial, craft, agricultural, and service sectors for a one-year period, the statement said. The drive is designed to support 20 projects with “promising” marketing and export opportunities in order to keep pace with international marketing…
UAE Minister of Foreign Affairs and International Cooperation H.H. Sheikh Abdullah bin Zayed Al Nahyan received today at the Emirates Palace in Abu Dhabi a delegation of evangelical business and media leaders participating in the Abraham Accords. Together, Sheikh Abdullah and the delegation headed by Joel Rosenberg discussed a variety of topics, including tolerance, peaceful coexistence, and the need to spread these positive values around the world. They also discussed the Abraham Accords and the importance of achieving peace in the region by taking advantage of the opportunities for enhancing bilateral cooperation in every area. Sheikh Abdullah welcomed the delegation,…
Al Hussein bin Abdullah II, the Crown Prince of Jordan, visited the Jordan Radio and Television Corporation (JRTC) on Tuesday, to commemorate the 54th anniversary of the establishment of Jordan Television. The Crown Prince of Jordan, Al Hussein, congratulated the JRTC staff during his visit, praising their professionalism and tireless efforts. He also highlighted the need to keep up with digital media trends, diversify content, and reduce the focus on traditional topics while touring the Jordan Television headquarters. He emphasized the significant role of Jordan Television in spreading positive messages and providing correct information. He listened to a briefing by…
Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in TA’ZIZ EDC & PVC, a world-scale chemicals development at the TA’ZIZ Industrial Chemicals Zone in Ruwais. The TA’ZIZ EDC & PVC joint venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with a total investment of over $2 billion (AED…
Saudi Authority for Intellectual Property (SAIP) celebrated World Intellectual Property Day with the slogan Your Ideas, Our Future to motivate creators and emphasize that the creations of young citizens contribute to building a better future by displaying achievements and inspiring stories of youths in the intellectual property field, and maximizing its influence with awareness campaigns throughout the kingdom. The SAIP also issued the Statistical Report on Intellectual Property Information. This report showed growth in the number of patent and trademark applications filed through the Authority during 2021 compared to 2020. Patent applications increased by 11% and trademark registrations by 26%.…