Tag: Gulf

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

August 12, 2021

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

Kuwait Wealth Fund Appoints Interim Managing Director

August 11, 2021

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

UAE, China To Cooperate Against Money Lundering, Terrorism Financing

August 3, 2021

The United Arab Emirates and China agreed to share intelligence to fight money loundering and terrorism financing, the Financial Intelligence Unit of the UAE central bank said on Tuesday. It said it would exchange information with its counterpart, the China Anti – Money Laundering Monitoring and Analysis Centre, on investigations intro transactions related to money … More UAE, China To Cooperate Against Money Lundering, Terrorism Financing

Oman Extends Nightly COVID – 19 Lockdown

July 29, 2021

Oman on Thursday extended a nightly locdown to contain the spread of the coronavirus, with movement and commercial activities to be restricted between 10 P.M. and 4 A.M. until further notice, the government said. Cases in the country of around 4.5 million people, which has continued to impose movement and commercial restrictions on and off … More Oman Extends Nightly COVID – 19 Lockdown

Qatar Emir Appeals To All Parties In Tunisia Political Crisis To Pursue Dialogue

July 29, 2021

Qatar Emir Sheikh Tamim bin Hamad al – Thani appealed to all parties in the current political crisis in Tunisia to adopt a path of dialogue in a phone call with Tunisian President Kais Said on Wednesday, the emir’s office sai.d The emir also stressed ‘the importance of fixing foundations of the state of institutions … More Qatar Emir Appeals To All Parties In Tunisia Political Crisis To Pursue Dialogue

Qatar Finance Minister Arrested Over Alleged Embezzlement – Statement

May 6, 2021

Qatar Finance Minister Ali Sherif al – Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the public sector, a statement carried by state news agency QNA said on Thursday. An investigation is underway, the statement added. Emadi has been minister of finance in the wealthy Gulf Arab … More Qatar Finance Minister Arrested Over Alleged Embezzlement – Statement

Qatar Expands Fish Farming As Climate Change Affects Sea Stocks

April 29, 2021

Qatar plans to expand fish farming to meet growing demand for fish in local markets and maintain stocks in offshore Gulf waters in the face of devastating climate change. Although fish in the Gulf have generally adapted  to higher water temperatures, the frequency and scope of coral reef bleaching in recent years suggest the region … More Qatar Expands Fish Farming As Climate Change Affects Sea Stocks

Kuwait: Over 200,000 Expats Lose Residency Permits In One Year

March 24, 2021

Stranded abroad and unable to return to Kuwait due to the coronavirus pandemic, over 200,000 Kuwait – based expatriates lost their residencies in one year, Times Kuwait reported on Monday. The expats came from 20 different countries, and the worst – hit nationalities were those from Egypt, India and Sri Lanka, a source told Kuwait … More Kuwait: Over 200,000 Expats Lose Residency Permits In One Year

UAE Cabinet Approves Program To Attract Remote Workers

March 21, 2021

The federal cabinet of the UAE approved a new system allowing professionals to reside in the Gulf state wile working remotely for employers abroad, a scheme that the emirate of Dubai launched itself in October. The UAE has taken several measures to attract wealthy foreigners as the COVID-19 pandemic and low oil prices have hit … More UAE Cabinet Approves Program To Attract Remote Workers