Wednesday , September 19 2018
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Kuwait

Customs foils attempt to smuggle Ancient statue

Jordanian officials display looted bronze and ceramic figures confiscated from smugglers in Amman June 16, 2005. Jordan, which shares a large border with Iraq, has seized 1,347 looted Iraqi antiquities since the war. - PBEAHUNZDEF

KUWAIT: Customs officers discovered what seems to be a 170-cm-long Ancient Egyptian statue hidden inside a couch shipped by air. The statue was sent to the National Council for Culture, Arts and Letters (NCCAL) and is being examined in order to determine whether it belongs to the pharaonic era or not. A customs officer said a citizen came to collect ... Read More »

Drug smugglers arrested at sea

KUWAIT: A citizen and a non-Kuwaiti were arrested with 22 kg of hashish they fished out from the sea, said security sources. Case papers indicate that coastguards and narcotics police had been tipped off concerning the suspects’ plans to smuggle drugs by sea into the country. The sources added that detectives closely watched the site where the drugs had been ... Read More »

Arab expat arrested for marijuana smuggling in Kuwait

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Kuwait: Customs officers at Kuwait International Airport arrested an Arab expatriate who tried to smuggle marijuana into the country by replacing cigarette packs with around 55 grams of marijuana and possessing sweets made with marijuana. According to security sources and Kuwait MOI news website, a custom officer suspected the Arab passenger who arrived from an European country where marijuana is ... Read More »

Drug smugglers arrested at sea

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KUWAIT: A citizen and a non-Kuwaiti were arrested with 22 kg of hashish they fished out from the sea, said security sources. Case papers indicate that coastguards and narcotics police had been tipped off concerning the suspects’ plans to smuggle drugs by sea into the country. The sources added that detectives closely watched the site where the drugs had been ... Read More »

Kuwait likely to lead GCC bond issuance in second half of 2018

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Kuwait has said that reports it injected KD 500 million ($1.6 billion) to back the floundering Turkish lira are “unfounded”, according to the state-run Kuwait News Agency (KUNA). In a statement, the Kuwaiti Ministry of Finance said that Finance Minister Nayef Al-Hajraf met with Berat Albayrak, Turkey’s Minister of Treasury and Finance, to discuss Turkey’s economic situation on Sunday night. ... Read More »

Arab expat arrested for marijuana smuggling in Kuwait

1246770337

Kuwait: Customs officers at Kuwait International Airport arrested an Arab expatriate who tried to smuggle marijuana into the country by replacing cigarette packs with around 55 grams of marijuana and possessing sweets made with marijuana. According to security sources and Kuwait MOI news website, a custom officer suspected the Arab passenger who arrived from an European country where marijuana is ... Read More »

Dog-smuggling Kuwaiti couple banned from leaving Sri Lanka after airport assault

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A Kuwaiti couple who tried to smuggle a dog into Sri Lanka and assaulted five customs officers during the process have had their passports impounded by a Sri Lankan court. The 32-year-old woman and her 29-year-old male partner were arrested on Friday after they turned violent when they were informed that quarantine requirements meant they could not bring their pooch ... Read More »

Customs foils attempt to smuggle Ancient statue

Jordanian officials display looted bronze and ceramic figures confiscated from smugglers in Amman June 16, 2005. Jordan, which shares a large border with Iraq, has seized 1,347 looted Iraqi antiquities since the war. - PBEAHUNZDEF

KUWAIT: Customs officers discovered what seems to be a 170-cm-long Ancient Egyptian statue hidden inside a couch shipped by air. The statue was sent to the National Council for Culture, Arts and Letters (NCCAL) and is being examined in order to determine whether it belongs to the pharaonic era or not. A customs officer said a citizen came to collect ... Read More »

Arab expat arrested for marijuana smuggling in Kuwait

1246770337

Kuwait: Customs officers at Kuwait International Airport arrested an Arab expatriate who tried to smuggle marijuana into the country by replacing cigarette packs with around 55 grams of marijuana and possessing sweets made with marijuana. According to security sources and Kuwait MOI news website, a custom officer suspected the Arab passenger who arrived from an European country where marijuana is ... Read More »

Customs foils attempt to smuggle Ancient statue

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KUWAIT: Customs officers discovered what seems to be a 170-cm-long Ancient Egyptian statue hidden inside a couch shipped by air. The statue was sent to the National Council for Culture, Arts and Letters (NCCAL) and is being examined in order to determine whether it belongs to the pharaonic era or not. A customs officer said a citizen came to collect ... Read More »

Arab expat arrested for marijuana smuggling in Kuwait

1246770337

Kuwait: Customs officers at Kuwait International Airport arrested an Arab expatriate who tried to smuggle marijuana into the country by replacing cigarette packs with around 55 grams of marijuana and possessing sweets made with marijuana. According to security sources and Kuwait MOI news website, a custom officer suspected the Arab passenger who arrived from an European country where marijuana is ... Read More »

UAE, Kuwait most vulnerable for cyberattacks in the Gulf

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Dubai: The UAE and Kuwait are among the most vulnerable for cyberattacks among the Gulf Cooperation Council Council countries in the first quarter, according to a report by cybersecurity firm Trend Micro. Both these countries are rated first and second in ransomware and malware attacks, URL victims and URLs detected. The UAE accounted for 2.4 million of the 1.7 billion ... Read More »

Kuwait fund signs loan deal for Vietnam project

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A Kuwaiti fund has signed a loan agreement worth KD4 million ($13.6 million) for financing a development project in Vietnam. The Kuwait Fund for Arab Economic Development (KFAED) has agreed the deal to help finance the project for ethnic minorities in the Xin Man District of Vietnam. It was co-signed by Vietnamese Vice Minister of Finance, Tran Xuan Ha, and ... Read More »

Kuwait minister eyes support for economic reform program

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Kuwait’s finance minister is trying again to win swift parliamentary support for an economic and fiscal reform program, saying that a critical state fund would remain a “concern” even if oil prices were to jump to $100 a barrel. The General Reserve Fund, where all revenue is deposited, “is under pressure due to growing budget expenditure and a low oil-price ... Read More »

UAE, Saudi Arabia and Kuwait said to plan OPEC talks

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Energy ministers from Saudi Arabia, the UAE and Kuwait plan to meet on Saturday to discuss OPEC matters, about a week after the Saudis and Russia announced a new policy to revive oil production. Saudi Energy Minister Khalid Al-Falih will meet with Kuwait’s Bakheet Al-Rashidi and the UAE’s Suhail Al Mazrouei – also the holder of OPEC’s rotating presidency – ... Read More »

Kuwaiti Investor plans $58 million Project in Basra

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A Kuwaiti businessman is reportedly planning to grow 100,000 date palms and build a nature reserve complete with ostriches and deer in southern Badia, 150 km from the city of Basra. According to Reuters, Abdul-Aziz al-Babtain is investing $58 million in the project, which will see the palms grown over the next five to six years. Read More »

Kuwait oil companies sign MoU to prevent smuggling of oil derivatives

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KUWAIT CITY : This came after a remarkable increase in the prices of oil derivatives in neighboring countries compared to Kuwait; hence, the smuggling of oil derivatives has become rampant. Sources clarified the MoU is an implementation of the mechanism for exporting oil derivates agreed previously as follows:1. If KNPC did not produce the shipment for export, the director of ... Read More »

Kuwait cultural office in US ‘warns’ students about fraud calls, messages

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WASHINGTON, May 17, (KUNA): Kuwait’s cultural office in Washington DC called Wednesday on Kuwaiti students to be cautious when receiving false telephone calls, e-mails, or internet messages from fraudsters who claim to provide services for a fee. “We call upon students to be careful about receiving telephone calls or e-mails through WhatsApp application, where the senders claim that they are ... Read More »

Kuwait to postpone VAT implementation to 2021

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Dubai: Kuwait will not implement value-added tax (VAT) before 2021 but will push ahead with introducing excise tax, parliament’s budget committee said in a statement posted on the assembly’s website on Tuesday. “The committee said implementation of value-added tax in Kuwait will be postponed until 2021, and that the finance ministry saw the need to expedite measures for excise tax ... Read More »

KFH signs coop agreement with ‘Agrivage’ to empower youth

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KUWAIT: Kuwait Finance House (KFH), has signed a cooperation agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti students, with the purpose of preserving the environment by recycling food waste and converting it into usable rich soil. This comes as part of KFH social responsibility and commitment towards the youth initiatives and the environment. ‘Agrivage’ won coveted ... Read More »