Latest news with #KUNA
Kuwait News Agency
an hour ago
- Politics
- Kuwait News Agency
Cabinet orders quick removal of all encroachments on state properties
A+ A- حكومة LOC22:15 19:15 GMT KUWAIT, July 29 (KUNA) -- Kuwait's Cabinet, in its weekly meeting on Tuesday, gave instructions to relevant state bodies to speed up the removal of all encroachments on state properties. Following the meeting, headed by His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Deputy Prime Minister and Minister of State for Cabinet Affairs Shereeda Al-Mousherji said the instructions were made after reviewing the Ministry of Finance's report about encroachments on state properties in 2024. At the advent of the meeting, the Cabinet members reviewed a number of letters sent by several world leaders to His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah about strengthening bilateral relations and expanding cooperation in various realms. Minister of Commerce and Industry Khalifa Al-Askar and the acting undersecretary of the ministry made a presentation to the Cabinet about the Ministry's plans to establish warehouses for strategic commodities in the country's five governorates to enhance food security. Minister of Education Jalal Al-Tabtabae briefed the Cabinet about the ministry's preparations for the upcoming academic year. The Cabinet reviewed the minutes of the ministerial economic committee meeting, especially its report about the public-private partnership projects during the period from March 2024 to April 2025. It referred the report to the higher committee for public-private partnership projects to take necessary decisions. It deliberated others issues on its agenda and approved some of them and referred some others for ministerial committees for more study. Finally, the Cabinet approved the minutes of the Supreme Committee for the Investigation of Kuwaiti Citizenship, which included cases of loss, withdrawal and revocation of Kuwaiti citizenship from some individuals, in accordance with the provisions of Decree Law No. (15) of 1959 regarding Kuwaiti nationality and its amendments. (end) ibi
Arab Times
8 hours 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
16 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
16 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
16 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)
