Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- His Highness Premier blasts slow execution of public projects  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 30/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Kuwait News Agency (KUNA)) His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah on Sunday voiced broadside against failure to carry out public projects as scheduled, urging a new approach to implement development project



Sheikh Jaber Mubarak voiced the criticism during a weekly cabinet meeting held at Seif Palace, calling on state bodies concerned to find a new approach that could ensure a disciplined execution of public project



He emphasized that this fresh system should put into account several aspects: preservation of public funds, full transparency and equal opportunities, abidance by law, swift implementation and work quality and serious accountability, Minister of State for Cabinet Affairs and Acting Minister of Justice Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah said in news statements following the meetin



Accordingly, a team of representatives from involved state bodies would be set up in order to find an integrated system to ensure the fast-track and scheduled implementation of governmental projects, he sai



The cabinet then reviewed a recent letter sent to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah from Cypriot President Nicos Anastasiades, inviting His Highness the Amir to visit Cyprus as a sign of promoting good relations between both countrie



The ministers also discussed the State's financial situation, including assets and commitments as Undersecretary of the Finance Ministry Khalifa Hamada elaborated on the obligations of the State budget towards the Public Institution of Social Security (PISS), construction projects, treasury bills and bond



Managing Director of the Public Investment Authority Bader Al-Saad expounded on financial data for 2013 and 2014 FYs and comparison between the



The cabinet voiced satisfaction with the country's financial and economic findings that would certainly contribute to the success of the state's policies aiming at economic opening-up and transferring Kuwait into a regional financial and commercial hu



The ministers finally discussed issues on the agenda of the National Assembly and several reports on the regional and international developments, including Iraq. The cabinet decided to send urgent humanitarian aid to Iraqi people through UN humanitarian bodies

 


Kuwait News Agency (KUNA)




  MENA News Headlines
 Nov 28 2014 - India says still searching for 39 workers seized in IraqArab News
(MENAFN - Arab News) NEW DELHI: India said Friday it was still searching for 39 construction workers abducted in Iraq in June denying a report claiming they had been executed by the Islamic State ...

 Nov 28 2014 - Gulf Asia approve steps to protect foreign workersArab News
(MENAFN - Arab News) KUWAIT CITY: Gulf and Asian labor ministers agreed Thursday on a series of initiatives aimed at boosting protection and improving conditions of employment for millions of foreign ...

 Nov 28 2014 - UAE hints at body to monitor forex pegThe Peninsula
(MENAFN - The Peninsula)   An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the US dollar, but local bankers said any change to the peg ...

 Nov 28 2014 - Qatar bourse index down by 3.72pc last weekThe Peninsula
(MENAFN - The Peninsula)  Qatari bourse fell on heavy selloff on latest Opec pessimism on output cut. The benchmark index plunged by 1.39 percent to finish at 13,330 yesterday.The entire sector ...

 Nov 28 2014 - Qatar calls for creating Common Islamic MarketThe Peninsula
(MENAFN - The Peninsula)  Speaking on behalf of all Arab countries, Qatar's Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani, yesterday at the Ministerial Session of ...

 Nov 28 2014 - Saudis block Opec output cutThe Peninsula
(MENAFN - The Peninsula)  Saudi Arabia blocked calls yesterday from poorer members of the Opec oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude ...

 Nov 28 2014 - Don't bypass oil firm, Libya rival govt warnsThe Peninsula
(MENAFN - The Peninsula)  Libya's parallel government controlling the capital will take legal action against buyers of oil bypassing the Tripoli-based state oil firm National Oil Corporation (NOC), ...

 Nov 28 2014 - Qatar Airways partners with Coca Cola IPTLThe Peninsula
(MENAFN - The Peninsula)  Qatar Airways (QA) has teamed up with Coca-Cola International Premier Tennis League (IPTL) as the presenting sponsor for the inaugural edition of the event.The IPTL is the ...

 Nov 28 2014 - Aljazeera to hold global hackathonThe Peninsula
(MENAFN - The Peninsula)   Aljazeera is organising its first hackathon where some of the most innovative minds in media and technology from around the globe will work together and collaborate on the ...

 Nov 28 2014 - GCC 'Summit key to boosting unity'The Peninsula
(MENAFN - The Peninsula)  H M King Hamad bin Isa Al Khalifa of Bahrain yesterday met GCC Secretary-General Dr Abdullatif bin Rashid Al Zayani, who is on a GCC tour.King Hamad stressed the importance ...

more...


 






Google

 
 

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