Latest news with #SheikhAhmad
Arabian Business
9 hours ago
- Politics
- Arabian Business
Kuwait announces Islamic New Year holiday
The Kuwaiti Cabinet has declared Thursday, June 26 as a public holiday on the occasion of the Islamic New Year (Hijri New Year). All ministries and state bodies in the country will suspend work on that day and resume work on Sunday, June 29. The decision was made by the Cabinet during its weekly meeting, presided over by Prime Minister Sheikh Ahmad Abdullah Al Ahmad Al Sabah. Islamic New Year in Kuwait The Cabinet congratulated Amir Sheikh Meshal Al Ahmad Al-Jaber Al Sabah, Crown Prince Sheikh Sabah Khaled Al-Hamad Al Sabah and the national citizens on the Islamic New Year.
Gulf Business
04-06-2025
- Business
- Gulf Business
UAE, Kuwait ink multiple agreements, includes Dhs9bn naval contract
Imge courtesy: WAM The UAE and Kuwait signed a series of bilateral agreements and memoranda of understanding (MoUs) on Monday, aimed at deepening cooperation across strategic sectors including health, energy, education, and defence, during an official visit by UAE Vice President Sheikh Mansour bin Zayed Al Nahyan, state news agency, WAM reported. The signing ceremony, held at Bayan Palace in the presence of Sheikh Mansour and Kuwait's Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, underscores the two Gulf nations' intent to strengthen economic and diplomatic ties amid evolving regional dynamics. The agreements span a wide range of areas, with key MoUs covering healthcare, infrastructure, investment, social development, energy transition, and AI, as both countries pursue mutual development priorities and enhanced regional integration. UAE-Kuwait agreements signed According to the WAM report, the key deals signed cover sectors such as: Health: MoUs were signed between the UAE and Kuwait's health ministries to boost collaboration in medical services and public health policy. Education: Both countries agreed to expand cooperation in the education sector through a pact signed by their respective ministers of education. Energy and infrastructure: MoUs included commitments to collaborate in land transport, roads, oil and gas, and future energy initiatives such as water and electricity. Technology and industry: A separate agreement focused on industry and advanced technology was signed to support innovation and knowledge exchange. Humanitarian and legal affairs: Joint frameworks were agreed to address human trafficking and legal cooperation, reflecting a shared focus on rights and rule of law. Investment: The UAE's Minister of Investment and the head of Kuwait's Direct Investment Promotion Authority signed an MoU to promote bilateral investment flows. Security and data: Ministries of Interior from both sides inked an MoU on data protection and joint security information-sharing projects. AI partnership initiated, naval contract with EDGE The Kuwait Investment Authority joined the 'Artificial Intelligence Infrastructure Partnership' initiative, which includes global partners MGX, BlackRock, Global Infrastructure Partners, and Microsoft — adding regional backing to the tech-driven project. In a separate defence agreement, Kuwait's Ministry of Defence signed a contract with UAE-based EDGE Group for the procurement of several 'Falaj 3' class missile boats, highlighting deepening defence industry ties between the two states. Representing the largest naval shipbuilding export in the region and one of the highest-value naval export deals globally, the agreement positions EDGE as the prime contractor overseeing the design, construction, trials, delivery, Integrated Logistics Support (ILS), and In-Service Support (ISS) for the vessels. EDGE will also supply ammunition, highlighting its end-to-end defence capabilities. Abu Dhabi Ship Building (ADSB), EDGE's naval arm and the UAE's premier shipbuilder, has been appointed as the build subcontractor. A WAM report quoted Hamad Al Marar, The visit by Sheikh Mansour marks a continued trajectory of close UAE-
Zawya
04-06-2025
- Business
- Zawya
UAE, Kuwait sign multiple agreements, deals to boost cooperation
KUWAIT CITY - In the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, and H.H. Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister of Kuwait, the UAE and Kuwait signed a number of agreements and memoranda of understanding (MoUs) today aimed at strengthening bilateral cooperation across multiple sectors. The signings took place during H.H. Sheikh Mansour bin Zayed's official visit to Kuwait and were held at Bayan Palace. These agreements are intended to broaden the scope of strategic partnerships between the two nations and to support their mutual development priorities. The agreements and memorandums include the following: An MoU for cooperation in the health sector, signed by Abdul Rahman bin Mohammad bin Nasser Al Owais, UAE Minister of Health and Prevention, and Dr. Ahmed Abdul Wahab Al-Awadi, Minister of Health of Kuwait. An MoU between the Anwar Gargash Diplomatic Academy (AGDA) and the Sheikh Soud Nasser AlSabah Kuwait Diplomatic Institute, signed by Khalifa Shaheen Al Marar, UAE Minister of State, and Abdullah Ali Al Yahya, Foreign Minister of the State of Kuwait. An MoU in the field of land transport and roads infrastructure, signed by Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, and Dr Noura Mohammed Al-Mashaan, Minister of Public Works & Municipality of Kuwait. An MoU in the field of social development affairs, signed by Shamma bint Suhail Faris Al Mazrui, UAE Minister of Community Empowerment, and Dr. Amthal Hadi Al-Huwaila, Minister of Social Affairs, Social Development, and Family and Childhood of Kuwait. An MoU in industry and advanced technology, signed by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Khalifa Abdullah Dhahi Al-Ajeel Al-Askar, Minister of Commerce and Industry of Kuwait. An MoU in education sector, signed by Sarah bint Yousif Al Amiri, UAE Minister of Education, and Sayed Jalal Sayed Abdul Mohsen Al-Tabtabaei Minister of Education of Kuwait. An MoU in oil and gas cooperation, signed by Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure, and Tariq Suleiman Al-Roumi, Oil Minister of Kuwait. An MoU in the field of combating human trafficking and another on legal cooperation were signed by Abdullah bin Sultan bin Awad Al Nuaimi, UAE Minister of Justice, and Nasser Yousef Al-Sumait, Minister of Justice of Kuwait. An MoU in the field of electricity, water, and future energy, signed by Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy and Infrastructure and Dr. Subaih Al-Mukhaizeem, Minister of Electricity, Water, and Renewable Energy of Kuwait. An MoU in the field of promoting direct investment, signed by Mohamed Hassan Al Suwaidi, UAE Minister of Investment, and Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director-General of Kuwait Direct Investment Promotion Authority (KDIPA). An MoU in the field of data protection and information exchange in joint security projects, signed by Major General Khalifa Hareb Al Khaili, Undersecretary of the UAE Ministry of Interior, and Major General Ali Al-Adwani, Acting Undersecretary of Ministry of Interior of Kuwait. An agreement was also signed earlier on the "Artificial Intelligence Infrastructure Partnership" launched by MGX, BlackRock, Global Infrastructure Partners, and Microsoft, which now includes the Kuwait Investment Authority as a partner. In addition, a contract was signed between the Kuwait's Ministry of Defence and the UAE's EDGE Group for the procurement and delivery of several 'Falaj 3' class missile boats.
