Latest news with #MinistriesofFinance
Saba Yemen
28-05-2025
- Business
- Saba Yemen
April 2025 salary enhancements issued for all categories covered by exceptional mechanism law
Sana'a – Saba: The Ministries of Finance and Civil Service & Administrative Development announced the commencement of financial enhancements for April 2025 salaries for all categories in public service units, in accordance with the state employee salary provision program under the Exceptional Mechanism Law to support state employee salaries and repay small depositors. In a joint statement received by the Yemeni News Agency (SABA), the two ministries confirmed that the financial enhancements have been issued for disbursement through the Central Bank of Yemen, which will then distribute them via the General Post Authority and the Agricultural Cooperative Credit Bank (CAC Bank), based on the lists issued by the Ministry of Civil Service & Administrative Development. The statement noted that this process is being carried out under the direct supervision of His Excellency Field Marshal Mahdi Al-Mashat, Head of the Supreme Political Council, and Prime Minister Ahmed Ghalib Al-Rahwi. The ministries extended their congratulations to all public service employees on the upcoming Eid al-Adha, reaffirming that the government of change and development will spare no effort in securing salary payments for all public service employees within the available resources under the Exceptional Mechanism Law. Whatsapp Telegram Email Print
Daily News Egypt
18-03-2025
- Business
- Daily News Egypt
Egypt launches EGP 4bn initiative to support 10 million families on ration cards
Ahmed Kouchouk, Minister of Finance, and Sherif Farouk, Minister of Supply and Internal Trade, have reviewed the progress of implementing the presidential directive designed to provide additional financial support to 10 million vulnerable families registered on ration cards. With a total budget of EGP 4bn, this initiative is part of the broader social protection package aimed at alleviating the financial challenges faced by low-income citizens. According to a joint statement from the Ministries of Finance and Supply & Internal Trade, EGP 2bn has been allocated from the government's additional financial appropriations under the social protection scheme. These funds will be used by the Ministry of Supply and Internal Trade to provide an additional EGP 125 for single-person ration cards and EGP 250 for cards with two or more individuals for the months of March and April. The disbursement of funds will begin today, benefiting around 10 million families in need. This initiative is a crucial step toward strengthening social safety nets and easing the economic burden on Egypt's most vulnerable citizens.
Arab Times
18-02-2025
- Business
- Arab Times
Kuwait's new KD 149 million special needs school complex coming to Al-Aqila
KUWAIT CITY, Feb 18: On Monday, the Ministry of Education officially approved the estimated cost for the project to establish, complete, and maintain a special needs school complex in the Al-Aqila area, valued at approximately KD 149 million. This initiative is being carried out in cooperation and coordination with the Ministries of Finance and Public Works. In a statement, the ministry announced that the necessary procedures for the tender will be completed in the upcoming period to ensure the project is implemented in accordance with the highest approved standards. Minister of Education, Sayed Jalal Al-Tabtabaei, affirmed in the same statement that the ministry is working on preparing an integrated future operational plan. This plan will include the provision of specialized human resources and necessary technical equipment to ensure the complex operates at its best. Al-Tabtabaei highlighted that this project is part of broader efforts to provide an advanced educational environment for students with disabilities. The goal is to ensure equal educational opportunities for all students, with the highest engineering and technical specifications in place. The Al-Aqila complex is part of a wider plan to establish three new educational complexes dedicated to special needs schools. These complexes will be built in Al-Aqila, Jahra, and Hawally, aimed at addressing the growing needs of students with disabilities and ensuring they receive education in a suitable environment that meets their unique requirements. The project's focus is on providing a safe and comfortable educational environment that enhances learning opportunities for students with disabilities. The integration of assistive technology into the educational process will help students overcome challenges and boost their independence, enabling them to better interact with society. Minister Al-Tabtabaei further explained that the complexes will feature integrated educational facilities equipped with the latest technologies, including modern classrooms, laboratories, and support facilities. These advanced facilities are designed to provide a holistic educational experience for students with disabilities, adhering to the best international standards. Al-Tabtabaei also emphasized the importance of developing sports and artistic programs for students with disabilities, as these programs play a key role in improving their quality of life and enhancing their skills. These initiatives will also support their ability to participate actively in society through the latest therapeutic and rehabilitation programs. The Minister reaffirmed that the Ministry of Education continues to implement pioneering projects aimed at developing the educational system and raising the quality of education in Kuwait. These initiatives align with the state's vision and future strategies for improving education. Al-Tabtabaei expressed his sincere gratitude to the Ministries of Finance and Public Works for their support and cooperation in implementing this project, which is a critical step in enhancing the educational infrastructure in Kuwait. This initiative will provide a modern, integrated educational environment for all students, particularly those with special needs. The three planned educational complexes for special needs schools will include specialized buildings designed to accommodate a variety of disabilities, including deafness, muteness, mobility impairments, Down syndrome, autism, and speech difficulties. They will also feature treatment facilities, such as physiotherapy rooms, swimming pools, and a multi-purpose gym. In addition, the complexes will include training workshops, libraries, modern educational laboratories, and theaters equipped with advanced technologies. These facilities will provide a comprehensive educational environment tailored to the needs of students with disabilities, offering maximum capacity to meet their requirements.
Arab Times
08-02-2025
- Business
- Arab Times
New law on Cooperative Societies sparks tension
KUWAIT CITY, Feb 8: Recent discussions surrounding Kuwait's Cooperative Societies Law have introduced proposals to restructure the composition of cooperative society boards. One notable suggestion is to set the total number of board members at seven, comprising three elected members and four appointed representatives from government entities. The proposed government representatives would hail from the Ministries of Finance, Social Affairs, Commerce and Industry, and Kuwait Municipality. However, the exact number of government-appointed members may be adjusted based on ongoing studies before the finalization of the new law. In a recent television interview, Ghraib Al-Adhan, Chairman of the Union of Consumer Cooperative Societies, highlighted that the draft law presented by Minister Amthal Al- Huwailah emphasizes a list-based system. This system proposes a board comprising five members and two observers from the Ministry of Social Affairs. Al-Adhan noted that this proposal was previously rejected by the Fatwa and Legislation Department. He also mentioned hearing about potential amendments suggesting four appointed and three elected members, expressing concerns about the management structure under such an arrangement. Al-Adhan stated his intention to resign from his position if the law is enacted in its current form. In other news, several cooperative societies have ceased distributing profits to female members whose Kuwaiti citizenships have been revoked. The prevailing laws prevent these individuals from receiving such disbursements, as they no longer meet the membership criteria. The Ministry of Social Affairs has instructed these cooperatives to automatically terminate memberships of individuals who have lost their citizenship, citing the loss of a fundamental membership requirement. It's noteworthy that the profits in question pertain to purchases made in the year preceding the revocation of citizenship. The cooperative societies are awaiting directives from the ministry before proceeding with any profit distributions to these former members.
