Latest news with #KD50
Arab Times
19-06-2025
- Business
- Arab Times
Ad fee hike faces pushback
KUWAIT CITY, June 19: The Legal and Financial Affairs Committee at the Municipal Council, chaired by Fahad Al-Abduljader, held its meeting Wednesday; during which it agreed on the referral of two items on its agenda to the executive body as follows: - Letter of Vice Chairman of the council Khaled Al-Mutairi and members Walid Al-Dagher, Fahd Al-Abduljader, Nasser Al-Jadaan and Nassar Al-Azmi regarding the removal of violations on sports club walls; - Review of licenses for shops and investment projects to verify the implementation of approved terms and conditions, to provide the committee with reports for each governorate. The committee also proposed amending advertising license fees to prepare a detailed report in this regard. It is worth noting that the proposal was submitted by a company specializing in advertising and publicity. This company owns and operates outdoor advertising spaces, including screens, facades, and glass sides. Given the varying sizes of these media -- from large to small screens -- the company's business was negatively impacted by the advertising license fees stipulated in Advertising Regulation No. 599/2023. The amendments increased advertising screen license fees from KD36 to KD75 per meter. Furthermore, the fees for glass facades and sides were increased from KD25 to KD50 per meter, thereby affecting the cost of selling advertisements on these media. In its letter to the committee, the company indicated that the increase stipulated in the new advertising regulations was implemented without taking into consideration the screen size; hence, the significant impact on large screens. The company stated that its demand to review the fees for billboards, facades and glass sides stipulated in the advertising regulations stems from its commitment to improve the investment environment to serve all stakeholders.
Gulf Insider
10-05-2025
- Politics
- Gulf Insider
Kuwait: Expat Jailed For 7 Years Over Air Ticket Embezzlement
A Kuwaiti court has sentenced an expatriate airline employee to seven years in prison on charges of embezzlement, in one of the latest corruption cases uncovered in the country. The Criminal Court also ordered the defendant, a ticket sales officer at the national carrier, Kuwait Airways, to pay a fine of KD56,000 (around $182,600) and be dismissed from his job for having pocketed 18,000 dinars in ticket change fees over a five-year period. The defendant's nationality was not disclosed. The case surfaced after the airline had filed a legal complaint against the man whose nationality was not revealed, according to media reports. In recent years, Kuwait has stepped up anti-corruption efforts and issued varying jail sentences to defendants in high-profile cases. Last week, Kuwait's top appeals court sentenced an ex-government minister to two years in prison on corruption charges in a final ruling. The Court of Cassation also ordered ex-minister Mubarak Al Harees to pay a fine of KD566,000 in the same case and barred him from holding any public office on charges of power abuse and making illicit gains. Last October, a Kuwaiti court, tasked with hearing cases involving government officials, sentenced Al Harees to four years in prison, fined him KD400,000 and ruled he be barred from holding any public post. He appealed against the ruling. Al Harees once served as minister of services affairs and parliamentary affairs. Al Harees, now 61, was charged with influence peddling when he was a minister by obtaining a decision from authorities to change the designation of two plots of industrial land from a craft activity to a commercial service in return for KD50,000.
Arab Times
27-01-2025
- Arab Times
Risk of losing bank balance in response to ‘fraud' messages
KUWAIT CITY, Jan 27: The spreading messages regarding traffic fines are fraudulent, as manifested in the absurdity of the amounts stated therein, reports Al-Anba daily quoting a source from the security sector. According to the source, these messages are fraudulent in the truest sense of the word. He pointed out that by just reading the details upon clicking the link accompanying the message confirms its falsity. He wondered 'since when the settlement order for any traffic violation has been set at KD4.500. What about the fine for beating the red light? It is also set at KD4.500 as per the link, while the actual amount of the settlement order for this violation is KD50. The link through which the payment is supposedly made is full of fallacies and errors, as well as the content of the message and the name that appears in the message.' The source affirmed that the payment of traffic violation fines is only through the official channels the Ministry of Interior and Sahel applications. He reiterated that the ministry does not send text messages using international phone numbers, underscoring the need to verify the sender's identity. 'Even if one is not familiar with the application, the violation usually appears when carrying out any transaction or while traveling,' he added. The source warned that responding to such fraudulent messages exposes the person to the risk of losing his bank balance; hence, the need for caution.
