Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Panel nod on BOT Law amendment  Join our daily free Newsletter

MENAFN - Arab Times - 14/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) MP Mubarak Al-Khreinej has forwarded questions to Finance Minister Anas Al-Saleh on the alleged smuggling of a large quantity of drugs through Shuwaikh Port



Al-Khreinej said there are many drug-related cases in the country and the spread of drugs is harmful to Kuwaiti youths. He revealed officials from the Drug Control General Department (DCGD) recently intercepted the smuggling of about three million Captagon pills through Shuwaikh Port



The lawmaker wants to know why the department has failed to detect such a large quantity of drugs upon entering the country. He asked whether there are flaws in the performance of the department; especially in terms of drug smuggling and if yes, he requested for details like the names of persons behind the flaws



He inquired if the Containers Division at the port is facing shortage of equipment and tools for inspection as stated in a report published by a local newspaper. If yes, he demanded for information on the causes of the shortage. He also asked about the measures taken by the General Customs Department in developing the inspection methods in accordance with the modern international system. What steps have been taken by the department in providing the official border posts with modern devices to detect contrabands and to protect the society from drugs? Is there a mechanism for rewarding customs officers who discover and confiscate drugs and other contrabands? If yes, please provide details on the form of distribution, and if no, why did the State not adopt such a system which is currently implemented in many other countries. On another issue, Al-Khurainej submitted questions to Minister of Education and Higher Education Ahmed Al-Mulaifi on the allegations that a teacher raped a student and the distribution of liquor inside a school in Hawally



This came after the publication of reports about these incidents in Alam Al- Yawm and Al-Shahid newspapers Al-Khurainej demanded for clarification on the reports. If these are true, what legal action has been taken against the administration of the school, those involved in the distribution of liquor and the teacher accused of raping a student? He requested for copies of investigations on both incidents and the identities of those involved. In the meantime, the Financial and Economic Affairs Committee in the Parliament on Sunday approved a draft bill on the amendment of BOT Law number 7/2008



Committee member Faisal Al- Kandari regards the amendment bill as a dream come true since the current law is full of flaws. He said these flaws have negatively affected Kuwait's stock market and led to the transfer of more than KD 25 billion worth of investments from this country to Dubai, not to mention the loss of many employment opportunities



He revealed the major amendments include establishment of the Public Authority for Projects and some projects may be taxexempt. On another issue, the Legislative and Legal Affairs Committee has postponed for two weeks the finalization of a bill to amend the Financial Markets Authority Law number 7/2010. Rapporteur of the committee MP Abdul-Kareem Al-Kandari explained the government has asked for a grace period to present its opinion on the proposal. He added the committee postponed deliberations on a bill to amend the Administrative Court Law until the Civil Service Commission and Ministry of Justice present their views; while it rejected request of the Public Prosecution to lift the immunity of MP Sadoun Hammad Al- Otaibi. Also, the lawmaker confirmed that the Parliament has approved the proposal to grant allowances and bonuses to teachers in the ministries of Education and Awqaf, as well as the proposed establishment of the Public Authority for Cooperatives



Furthermore, Chairman of the Housing Affairs Committee Faisal Al-Kandari said they discussed Sunday a number of issues related to the housing crisis with State Minister for Housing Affairs Yaser Aboul. He unveiled a plan to distribute 12,800 housing units this year, stressing that work is underway to prepare a legislation to increase the number of housing units in the coming years. On another note, Rapporteur of Public Utilities Committee Mohammed Al-Hadya disclosed they discussed Sunday the Public Transportation Authority Bill but the panel asked the government to postpone deliberations, so it can present its opinion in a meeting with the communications minister next week

 






  MENA News Headlines
 Aug 27 2014 - Qatar- Summary of Local News Released TuesdayQatar News Agency
A summary of local news released Tuesday by Qatar News Agency. - HE Foreign Minister's Assistant for International Cooperation Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani conferred ...

 Aug 27 2014 - Qatar- Summary of Local News Released Tuesday - 1-Qatar News Agency
- The Ministry of Development Planning and Statistics have released preliminary figures of the value of exports domestic goods, re-exports and imports for July 2014. A short analysis of the data is ...

 Aug 27 2014 - Israel Hamas agree to open-ended Gaza cease-fireArab News
(MENAFN - Arab News) GAZA CITY Gaza Strip: Israel and Hamas agreed Tuesday to an open-ended cease-fire halting a seven-week war that killed more than 2200 people the vast majority Palestinians left ...

 Aug 27 2014 - Saudi- Expats 'monopolize' vegetable marketArab News
(MENAFN - Arab News) Several citizens who are regular customers at the Jeddah's vegetable (halaga) market on Kilo 14 have complained that expats are monopolizing business activity at the market ...

 Aug 27 2014 - Saudi- Experts warn on effects of blasting mountainsArab News
(MENAFN - Arab News) The National Center for Earthquakes and Volcanoes has warned of the adverse environmental effects of detonating the region's mountains to make way for infrastructures ...

 Aug 27 2014 - Saudi- Ministry to tackle high rates of female employees quittingArab News
(MENAFN - Arab News) Labor Minister Adel Fakeeh has announced that his ministry is addressing the issue of high quitting rates among females working at women's stores.The minister's statement came on ...

 Aug 27 2014 - Saudi- 27 shops shut for labor violationsArab News
(MENAFN - Arab News) Labor offices in Dammam and Alkhobar joined forces with the Dammam police and municipality in shutting down 27 women's stores that were found to be employing men in contravention ...

 Aug 27 2014 - Saudi- Hotels half empty as schools openArab News
(MENAFN - Arab News) Children's new bedtimes for school are keeping families away from entertainment venues leading to a sharp dip in revenues following an extravagant 100-percent occupancy rate ...

 Aug 27 2014 - An open letter to new Iraqi prime ministerArab News
(MENAFN - Arab News) Firstly we congratulate you on your new mission and pray to God to help you take on difficult responsibilities in this critical phase in history. The legacy of your predecessor ...

 Aug 27 2014 - Saudi- Ministry deploying 40 teams to fight locustsArab News
(MENAFN - Arab News) The Agriculture Ministry will deploy 40 teams to fight locusts and increase cooperation with international organizations on the matter a ministry official said during a meeting ...

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help