Afghan Evacuees Start Arriving In Kuwait, U.S. Envoy Says

Abu Dhabi/United Arab Emirates – – The first flight carrying at – risk Afghan evacuees arrived in Kuwait, with has approved passage for 5,000 under an agreement with the United States following the Taliban takeover of Afghanistan, the U.S. envoy said on Tuesday. Ambassador Alina Romanowski said in a Twitter post that the flight arrived … More Afghan Evacuees Start Arriving In Kuwait, U.S. Envoy Says

Kuwait Finance Minister Offers Resignation – Government Source

Milan / Italy – Kuwaiti Finance Minister Khalifa Hamade has offered his resignation to the prime minister of the oil – rich Gulf emirate, two government sources said on Wednesday. The sources said Hamade felt ‘marginalised’ in decision – making, including on selecting the board of sovereign fund Kuwait Investment Authority, which was appointed by … More Kuwait Finance Minister Offers Resignation – Government Source

Qatar Urges Taliban To Cease Fire At Meeting In Doha

Qatar said it had urged the Taliban to cease fire and pull back their offensive in Afghanistan during a meeting between the Qatari foreign minister and a top representative of the Afghan insurgents in Doha on Saturday. Foreign Minister Mohammed bin Abdulraham Al – Thani met the head of the Taliban’s political bureau, Mullah Abdul … More Qatar Urges Taliban To Cease Fire At Meeting In Doha

Kuwaiti Cabinet OKs Draft Decree Naming New Minister Of Emiri Diwan Affair

The Kuwaiti Cabinet on Wednesday approved a draft decree appointing Sheikh Muhammad Abdullah Al – Mubarak as Minister of Emiri Diwan Affairs, two weeks after the previous minister was abruptly dismissed. The decree was submitted to the Emir of Kuwait, Sheikh Nawaf Al – Ahmad Al – Sabah, the cabinet said in a statement. The … More Kuwaiti Cabinet OKs Draft Decree Naming New Minister Of Emiri Diwan Affair

Qatar Appoints Ambassador To Saudi Arabia, Says Emir’s Office

Qatar’s Emir Sheikh Tamim bin Hamad al – Thani on Wednesday named an ambassador to Saudi Arabia after Riyadh in June reinstated its envoy to Doha, in another sign of improve ties after rival Gulf  states agreed this to end a long – running dispute. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain resolved … More Qatar Appoints Ambassador To Saudi Arabia, Says Emir’s Office

Kuwait Wealth Fund Appoints Interim Managing Director

The Kuwait Investment Authority (KIA), the Gulf country’s sovereign wealth fund, has appointed Basr al – Ajeel as interim managing director pending a permanent appointment, a source familiar with the matter said  on Wednesday. The KIA last week appointed a new board of directors but hadn’t names a new managing director. The term of the … More Kuwait Wealth Fund Appoints Interim Managing Director

Kuwait’s Emir Appoints KIA Bord For Four Years

Kuwait’s emir on Saturday issued a decree appointing the Kuwait Investment Authority’s (KIA) board of directors for four years, the state news agency (KUNA) reported. The Gulf state’s sovereign wealth fund board consists of Khaled Al – Fadhel, Meshall Jaber Al Sabah, Fahad M AL – Rashed, Faisal Al – Hamad and Ghanem Suleiman Saqr … More Kuwait’s Emir Appoints KIA Bord For Four Years

Kuwait’s 2020 – 21 Budget Deficit Increases 175% To Record 10.8 Bln Dinars

Kuwait’s budget deficit increased 174.8% in the 2020 – 21 year to 10.8 billion dinars ($35.5 billion), the finance ministry said on Saturday, nothing it was the highest deficit in the country’s fiscal history. Revenue dropped to 10.5 billion dinars in the financial year that ended on March 31, down 38.9%, while expenditure increased 0.7% … More Kuwait’s 2020 – 21 Budget Deficit Increases 175% To Record 10.8 Bln Dinars