Latest news with #Kuwait
Zawya
7 hours ago
- Business
- Zawya
Kuwait oil price rises to $65.01 pb -- KPC
KUWAIT -- Kuwait oil price rose by 92 cents to USD 65.01 per barrel on Thursday vis a vis USD 64.09 on Thursday, Kuwait Petroleum Corporation (KPC) said on Friday. In international markets, the Brent crude forwards dropped by 75 cents to USD 64.15 pb while those of the West Texas crude fell by 90 cents to USD 60.94 pb. All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (
Zawya
9 hours ago
- Business
- Zawya
Kuwait, Japan upgrade bilateral relations to comprehensive partnership
KUWAIT -- The State of Kuwait and Japan agreed to upgrade their bilateral relations to a "comprehensive strategic partnership," which reflects the depth of the relationship and opens new horizons for cooperation. The agreement is a fruit of the official visit by His Highness the Crown Prince of Kuwait Sheikh Sabah Khaled Al-Hamad Al-Sabah to Japan on May 28-31, a press release from the Kuwaiti Ministry of Foreign Affairs said on Thursday. His Highness the Crown Prince has held talks with Japanese Prime Minister Shigeru Ishiba on ways to strengthen the relations in various vital areas and serve the mutual interests of both nations amid regional and international changes. They agreed that upgrading the bilateral relations in the political, economic and humanitarian fields materializes both nations' shared commitment to enhancing security, stability and prosperity on regional and international scales, the statement noted. All KUNA right are reserved © 2022. Provided by SyndiGate Media Inc. (
Khaleej Times
9 hours ago
- Business
- Khaleej Times
Daiso Japan introduces its enchanting new Disney Stitch and Kuromi collection
Daiso Japan, the number one Japanese value store in the UAE, offers over 80,000 products, with 800 new items every month, and most items are just Dh7.5. With over 80 stores across the UAE, Saudi Arabia, Kuwait, Oman, Qatar, and Bahrain, Daiso Japan provides an extensive range of affordable products for everyday needs. Daiso Japan introduces its enchanting new Stitch and Kuromi collection, inspired by Disney's beloved Lilo & Stitch and the ultra-kawaii Sanrio favorite Kuromi. These exclusive ranges are designed to delight fans of all ages, combining functionality with irresistible character yourselves, Stitch & Kuromi lovers — the ultimate cute takeover has landed at Daiso Japan, and it's total cuteness overload! Brace yourselves, Stitch & Kuromi lovers, the ultimate cute takeover has landed at Daiso Japan, and it's total cuteness overload! From the moment you step in, it's Stitch & Kuromi everywhere - on tumblers in different styles, travel pouches, bags, caps, toys, adorable keychain pendants, coloring sets, notebooks, and even socks. Whether you're packing for a trip, organising your home, or stocking up on back-to-school supplies, we've got your favorite characters covered. Heading on a holiday? Don't miss our neck pillows, eye masks, cute headsets and cable chargers — perfect travel accessories for your next adventure. And for beauty lovers: we've got a full hair accessory set with a hairbrush, mirror, bows, hair clips, elastic bands, and more — available in both Stitch and Kuromi designs! Even better? Most of these items start at just Dh7.5 — yes, really! That's what we call Value, Variety & Uniqueness — only at Daiso Japan. Whether you're searching for affordable gifts, Disney merchandise, or stationery, Daiso Japan has something for everyone.
Zawya
10 hours ago
- Business
- Zawya
Kuwait ministry boosts transparency and oversight in cooperative sector
KUWAIT CITY - Minister of Social Affairs, Family and Childhood Affairs Dr. Amthal Al-Huwaila emphasized the ministry's commitment to improving work in the cooperative sector and enhancing transparency by supporting monitors and inspectors, calling them the 'trustworthy eyes of the state' in cooperative societies. Speaking at an open meeting with the Ministry's Control and Inspection Department, Dr. Al-Huwailah said the meeting aimed to strengthen the institutional work environment and address field challenges. She highlighted the cooperative sector as a unique and praised model in Kuwait and the Gulf, with significant social and economic benefits, stressing that contributing citizens are key partners in this national development. She stressed teamwork and professionalism, noting that many financial and administrative issues in some societies arise from weak oversight or supervisory lapses. Responsibility begins with individual commitment to duties. She praised the Control and Inspection Department's success in detecting violations and fighting corruption alongside the Ministry of Interior, reflecting the competence of national cadres in safeguarding public funds and promoting integrity. The Minister encouraged employees to be transparent and share field observations, acknowledging the pressures inspectors face. She reaffirmed the ministry's commitment to developing control and technical systems to provide services aligned with international standards, boosting citizen satisfaction and trust in Kuwait's cooperative sector. Acting Assistant Undersecretary for the Cooperative Sector Ahmed Al-Furaij said the meeting was part of the Minister's efforts to communicate directly with inspectors to support and motivate them. The meeting produced recommendations emphasizing adherence to the new Nazaha Law, especially regarding financial disclosures and conflict of interest declarations. Al-Furaij noted the Minister values auditors' field experience and prioritizes their recommendations when drafting ministerial regulations. Key topics included auditors' observations on administrative and financial expenses, supplier payments, and social services in cooperative societies. Proposals will be submitted for regulatory amendments to enhance transparency. He outlined a comprehensive development plan that includes ongoing legal, administrative, and financial training for auditors and the introduction of advanced technologies such as electronic reports, digital correspondence, and an electronic check system. The ministry is launching a pilot phase of an integrated digital oversight project, selecting prototype associations to monitor financial and administrative activities. Al-Furaij stressed this pilot represents a major step to tighten control and improve cooperative performance, with evaluation before wider application. On report accuracy, he said auditing takes time to ensure data reliability and professionalism, with careful review guaranteeing objective and trustworthy reports. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
Zawya
10 hours ago
- Business
- Zawya
Kuwait taps Google for smart finance overhaul
KUWAIT CITY - Kuwait's Finance Minister Noura Al-Fassam held talks on Wednesday with Google Cloud's Vice President of Customer Engineering for the Middle East, Africa and Europe Chris Lindsay, focusing on efforts to push forward a national digital drive. The digital transformation, including a transition into a cloud-based financial system that guarantees more 'flexibility and transparency,' represents the focal point of economic reforms in Kuwait, according to a finance ministry statement. Kuwait's finance ministry will be among the first state bodies to make the transition into a digital system, which is a testament to its 'commitment' to employ cutting-edge technology, such as Artificial Intelligence tools, in a bid to improve the quality of its services, the statement underlined. The talks come as part of the 'strategic partnership' agreement between Kuwait and the US tech giant, which aims to develop advanced digital infrastructure across all state bodies, added the statement. It went on to espouse the merits of a full-fledged digital transformation, citing streamlined processes, data-driven decision-making and greater efficiency as chief among those benefits. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
