Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Bid to 'boost' Kuwaiti workforce in pvt sector   Join our daily free Newsletter

MENAFN - Arab Times - 18/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) A specialized committee in the Ministers Council is currently conducting a comprehensive study on the possibility of unifying the financial benefits granted to employees in the government and non-government agencies in a bid to encourage Kuwaitis to work in the private sector, reports Al- Anba daily quoting sources. Sources explained the abovementioned step is part of efforts to address the unemployment problem in the country. In a related development, sources said the Ministry of Finance has asked other government agencies to focus on finding alternative sources of income. They added the ministry also stressed the need to impose fees on the usage of State properties as a way to increase national revenues rather than depending totally on oil as source of income. Meanwhile, sources confirmed the recent developments in the global community have prompted the ministry to specify the maximum price for oil. Sources said this is a precautionary measure in case the price of oil drops remarkably; thereby, fixing the price at 65 per barrel for the overall budget



Also:

KUWAIT CITY: The Ministry of Social Affairs and Labor has started a comprehensive study on the regulations in welfare homes as part of efforts to lay down a new mechanism to oblige the inmates to respect the specified time for them to return to the welfare homes, reports Al- Rai daily quoting sources. Sources explained this step was taken after the ministry noticed the repetitive violation of the regulations, especially among the children who do not return to the homes on time. Sources said the ministry is keen on addressing the problem before it is blown out of proportion, up to the extent that it will negatively affect the inmates and the society. Sources added the study covers all aspects of the issue like the reasons behind the reluctance of some people to work in welfare homes and deterioration of the academic performance of the inmates, especially since they are in different educational levels




 


Arab Times




  MENA News Headlines
 Jan 28 2015 - Gulf states to rethink monetary policyMENAFN
(MENAFN) Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in the region and the US ...

 Jan 28 2015 - DIB picks arrangers for potential Tier 1 sukukKhaleej Times
(MENAFN - Khaleej Times) Dubai - Dubai Islamic Bank, or DIB, said on Tuesday that it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dollar-denominated sukuk ...

 Jan 28 2015 - What next for Londonium and Barclays?Khaleej Times
(MENAFN - Khaleej Times) I have tried to visit Britain on the eve of every general election since the end of the Thatcher era (by Tory regicide, not the ballot box) in November 1990 in search of ...

 Jan 28 2015 - Emirates NBD - holding the banking fortKhaleej Times
(MENAFN - Khaleej Times) The banking industry looks set to sustain positive trends this year due to strong macroeconomic economic indicators, sufficient liquidity and low interest rates in the ...

 Jan 28 2015 - China pumps cash into banks in a bid to accelerate growthKhaleej Times
(MENAFN - Khaleej Times) Beijing - China's central bank has bolstered support for the cooling Chinese economy by injecting another 50 billion yuan ($8.1 billion) worth of short-term loans into banks ...

 Jan 28 2015 - Union National Bank posts 16% jump in annual earningsKhaleej Times
(MENAFN - Khaleej Times) People walking past a Union National Bank branch in Dubai. The total assets of the UNB Group increased by seven per cent in 2014 to Dh93.5 billion as at December 31, 2014. - ...

 Jan 28 2015 - Gulf Arab countries may need to rethink policy: Qatari bankerKhaleej Times
(MENAFN - Khaleej Times) Dubai - Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in ...

 Jan 28 2015 - GCC retail sector on growth pathKhaleej Times
(MENAFN - Khaleej Times) Dubai - GCC retail sales are expected to grow at a 7.3 per cent compound annual growth rate (CAGR) between 2013 and 2018 to reach $284.5 billion, according to Alpen ...

 Jan 28 2015 - Dubai International airport crowned as world's busiestKhaleej Times
(MENAFN - Khaleej Times) The airport's passenger numbers boosted by 6.1 per cent to 70.5 million in 2014 and pushed the Heathrow down to the second position as London's top airport handled 68.1 ...

 Jan 28 2015 - Sharjah's Dh17.7b budget to ensure economic upliftKhaleej Times
(MENAFN - Khaleej Times) Sharjah - His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Tuesday approved the 2015 general budget of the emirate ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help