Latest news with #KUNA
Arab Times
an hour ago
- Sport
- Arab Times
Al-Dhiyab elected unopposed as Asian Handball Federation president
KUWAIT CITY, July 29, (KUNA): The Asian Handball Federation officially announced the unopposed appointment of Kuwaiti official Bader Al-Dhiyab as President for the upcoming 2025–2029 electoral term. Elections for the remaining positions are scheduled to take place in Egypt this December. Speaking to KUNA, Al-Dhiyab described his appointment as a 'great responsibility' that demands persistent effort and strategic planning to achieve lasting success. He revealed that work has already begun on a comprehensive strategy aimed at advancing Asian handball and positioning it prominently on the global stage. His vision includes sustained support for the sport, development initiatives, and direct assistance to national federations to foster growth. Al-Dhiyab emphasized his commitment to collaborating with stakeholders across the continent to develop all aspects of the game. This includes enhancing the technical capabilities of national teams, strengthening referee committees, and implementing elite-level training programs. 'Success is never the result of individual effort—it is achieved through collective teamwork and shared dedication,' he said. He extended his gratitude to Abdulrahman Al-Mutairi, Minister of Information and Culture and Minister of State for Youth Affairs, for his invaluable support in securing the position. Al-Dhiyab also thanked the member federations for their trust and confidence, underscoring that he always carries Kuwait's name with pride—and views his success as a reflection of the nation's excellence. Al-Dhiyab brings extensive experience to the role, having previously served in senior positions within both the Asian and International Handball Federations, including Vice President of the International Handball Federation and Treasurer of the Asian Handball Federation.
Kuwait News Agency
10 hours ago
- Sport
- Kuwait News Agency
Asian Handball Federation renews trust in Al-Dhiyab until '29
KUWAIT, July 29 (KUNA) -- The Asian Handball Federation (AHF) announced on Tuesday that Kuwaiti Bader Al-Dhiyab was elected by acclimation as president of the federation for the upcoming term, which runs until 2029. Speaking to Kuwait News Agency (KUNA), Al-Dhiyab described his election as a major responsibility that requires persistent effort and dedication, emphasizing his commitment to pushing Asian handball forward and establishing it on the global stage through continuous support and strategic development. He noted plans to work closely with stakeholders to advance all aspects of the sport, including technical development within national federations, strengthening referee committees, and launching high-level training programs. Al-Dhiyab previously held several key roles within both the Asian and International Handball Federations, including Vice President of the International Handball Federation (IHF) and Treasurer of the (AHF). Elections for the remaining positions are set to be held in Egypt this December. (end)
Zawya
10 hours ago
- Business
- Zawya
Kuwait minister 'optimistic' about oil market fundamentals
DUBAI - Kuwait's oil minister said he was optimistic about the oil market's fundamentals and that OPEC+ efforts aim for market balance, the state news agency (KUNA) reported on Tuesday. Tariq Suleiman Al-Roumi's comments came after Monday's OPEC+ meeting where Al-Roumi and other ministers from the Joint Ministerial Monitoring Committee met online for brief talks to stress the need for full compliance with oil production agreements. "(I am) optimistic about the fundamentals of the oil market and that OPEC+ efforts target energy security and market balance," KUNA quoted him as saying, without giving further details. OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market. But it reversed course this year to regain market share, and as U.S. President Donald Trump demanded OPEC pump more to help keep a lid on gasoline prices. Eight members began to raise output in April and have accelerated production increases since then. Their most recent decision calls for an oil output increase of 548,000 barrels per day in August. Al-Roumi said Kuwait supports efforts to maintain a stable international oil market and that OPEC+ decisions are based on market developments. Kuwait possesses some of the world's largest oil reserves and, unlike its Gulf neighbours, remains heavily dependent on oil as it makes slow progress on diversifying its sources of revenues. It ran up a budget deficit of $5.23 billion for the fiscal year 2023/24, on the back of declining oil revenues based on an oil price of $86.36 a barrel. Kuwait's draft budget for the fiscal year 2025/26, which started on April 1, sees the deficit widening to $20.43 billion as oil revenues are expected to fall 5.7% from 2024/25, based on an oil price of $68 a barrel, the country's finance ministry said in February. ($1 = 0.3055 Kuwaiti dinars)
Reuters
10 hours ago
- Business
- Reuters
Kuwait minister 'optimistic' about oil market fundamentals
DUBAI, July 29 (Reuters) - Kuwait's oil minister said he was optimistic about the oil market's fundamentals and that OPEC+ efforts aim for market balance, the state news agency (KUNA) reported on Tuesday. Tariq Suleiman Al-Roumi's comments came after Monday's OPEC+ meeting where Al-Roumi and other ministers from the Joint Ministerial Monitoring Committee met online for brief talks to stress the need for full compliance with oil production agreements. "(I am) optimistic about the fundamentals of the oil market and that OPEC+ efforts target energy security and market balance," KUNA quoted him as saying, without giving further details. OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market. But it reversed course this year to regain market share, and as U.S. President Donald Trump demanded OPEC pump more to help keep a lid on gasoline prices. Eight members began to raise output in April and have accelerated production increases since then. Their most recent decision calls for an oil output increase of 548,000 barrels per day in August. Al-Roumi said Kuwait supports efforts to maintain a stable international oil market and that OPEC+ decisions are based on market developments. Kuwait possesses some of the world's largest oil reserves and, unlike its Gulf neighbours, remains heavily dependent on oil as it makes slow progress on diversifying its sources of revenues. It ran up a budget deficit of $5.23 billion for the fiscal year 2023/24, on the back of declining oil revenues based on an oil price of $86.36 a barrel. Kuwait's draft budget for the fiscal year 2025/26, which started on April 1, sees the deficit widening to $20.43 billion as oil revenues are expected to fall 5.7% from 2024/25, based on an oil price of $68 a barrel, the country's finance ministry said in February. ($1 = 0.3055 Kuwaiti dinars)
Kuwait News Agency
10 hours ago
- Politics
- Kuwait News Agency
Cambodia, Thailand hold ceasefire talks amid mutual accusations of violations
KUALA LUMPUR, July 29 (KUNA) - The Cambodian and Thai armed forces held coordination meetings on Tuesday to implement the ceasefire agreement signed in Malaysia a day earlier, following four days of deadly border clashes that left dozens dead and displaced 300,000 people. Cambodian Ministry of Defense spokesperson Maly Socheata said in a press conference, reported by the Khmer Times, that commanders from Cambodia and Thailand to activate the ceasefire, halt troop reinforcements, exchange information, and immediately notify senior leadership of any developments on the ground. Socheata noted that additional meetings between regional commanders are being arranged and stressed that Cambodia is fully committed to honoring the joint ceasefire declaration brokered in Malaysia under the mediation of Prime Minister Anwar Ibrahim. She added that the next phase would involve forming a joint monitoring mechanism under Malaysia's ASEAN chairmanship, potentially including foreign military attaches, to rebuild trust and stabilize the border. The Royal Thai Army accused Cambodia of violating the ceasefire, claiming that Cambodian forces launched attacks inside Thai territory after the truce took effect at midnight. Thai Army spokesperson Maj. Gen. Winthai Suvari said Thailand reserves its legitimate right to respond and defend itself. Cambodia denied the allegations, insisting its forces had fully adhered to the agreement, Thai Acting Prime Minister Phumtham Wechayachai and Cambodian Prime Minister Hun Manet both said the border situation had largely calmed, with both sides exercising restraint. The ceasefire reached on Monday in Putrajaya with Malaysian mediation, US coordination, and Chinese participation, follows the heaviest cross-border fighting in years. Tensions escalated after Thailand withdrew its ambassador from Phnom Penh and expelled Cambodia's envoy over landmine explosions that injured Thai soldiers-an incident Bangkok blamed on newly planted mines, which Cambodia denied. The two countries have a long-standing border dispute over the Preah Vihear Temple and surrounding territory, the International Court of Justice ruled in 1962 that the temple belongs to Cambodia, but Thailand continues to claim adjacent areas. While the border saw frequent clashes from 2008 to 2011, recent mutual troop movements have reignited the standoff, prompting regional and international calls for dialogue and restraint. The next General Border Committee meeting is scheduled for August 4, 2025, to enhance communication between the prime ministers and defense and foreign ministers of both countries. (end)
