News Summary Report Mon/Dec 10, 2018
Kuwait –Korea Relations
Assigning Management of T4 To Korean Incheon Corporation is Conforming to Kuwait Vision 2035: Al-Humoud
Chairman of DGCA, Sheikh Salman Al-Humoud Al-Sabah declared that T4 is now fully operational, which was launched on the fourth of last June.
“We’ve succeeded in passing all phases of operation, which started on the 15th of August till its operational phases were completed on the 2nd of December in a standard time, which didn’t exceed 4 months”, said Sheikh Salman in his speech during a celebration launched on this occasion.
He further expressed his appreciation for His Highness the Amir and His Highness the Crown Prince their great support to the local civil aviation sector, and its accompanying multiple projects to develop the infrastructure of Kuwait International Airport to optimize operation efficiency to the optimum.
He also emphasized on the role of the Prime Minister, Sheikh Jaber Al-Mubarak Al-Sabah, and the great government support represented by State Minister for Housing Affairs and Minister of State for Services Affairs, Dr. Jenan Bu Shehri, whose daily follow-up had the greatest effect in the completion of this project in a standard time.
He further mentioned that DGCA succeeded in adopting a new approach to separate the operational side from the supervision and legislative side, as management and operation of T4 is assigned to Incheon International Airports Corporation, which is one of the greatest international companies in airports’ operation.
He also remarked that this government tendency aims to achieve four key elements including optimizing operation; improving service for travelers, transferring knowledge to Kuwaiti young people; and achieving additional revenues for the State of Kuwait.
He indicated that this tendency is conforming to “ New Kuwait Vision 2035”, which depend on its priorities on integration between the public and private sectors to achieve comprehensive development, and to develop Kuwait into an active center in the field of air aviation in the Middle East region.
He further stated that this tendency is conforming to the recommendations of the ICAO, Airport Council International, and the World Bank. It is also conforming to the applicable policies in developed countries of assigning the task of operating airports to international specialized corporations.
He also lauded the great effort of all government authorities participating in operating T4 including MOI, General Directorate of Customs, KFSD, MOH, Ministry of Electricity and Water, MPW and Public Authority for Roads. He also appreciated the role of Kuwait Airways, which has a significant role in operating the building with high professionalism and symmetry.
“We hope that this building shall be a new beginning for the launch of the national carrier
towards providing distinguished services to travelers”, he said.
“We can’t neglect the great and vital role of Incheon International Airport Corporation for its success in operation of T4 despite difficulties and challenges that encountered it”, he reiterated.
“International airports require from 12 to 18 months to ensure their readability, however due to the persistent efforts of all those undertaking the project in the DGCA and all the teamwork, who overcame all challenges, the project is completed in a record time.
He remarked that after success of operation of T4, development of operation of the other buildings of Kuwait International Airport, whether the main building ‘T1” or other passenger buildings, and he expressed his hope for success of Incheon International Airports in running this building, which has been designed according to the latest international requirements.
On his turn, Chairman of Kuwait Airways, Yousef Al-Jassem said that operation of T4 took nearly 4 months according to a delicate plan guided by DGCA and accurate coordination between Kuwait Airways, Incheon International Airports, MOI, and Public Directorate for Customs.
Al-Jassem added that that gradual increase in flights from T4 is made according to the international standards of airports’ operation, while taking into consideration requirements of passengers’ service till all supporting services are completed during the first quarter of the next year. Al-Seyassa, P.11
Domestic Affairs
Kuwaiti Aviation Regulator Says New Airport Terminal Fully Open
Full operation has started at Kuwait International Airport's terminal Four, which opened its gates last July, Kuwait's Civil Aviation Authority said on Sunday.
"Kuwait International Airport's terminal 4 has been opened in a record time of four months,"
the Kuwaiti Civil Aviation's chairman Sheikh Salman Al-Humoud Al-Sabah said amid a ceremony.
He thanked the Kuwaiti government for its contributions towards the "unprecedented success"
of the terminal, which was built in a timely and productive manner.
Full operation at international airport terminals usually takes between 12 to 18 months, but the diligence of Kuwait's aviation workforce transcended expectations, the minister said.
Kuwait Airways' chairman Yousef Al-Jassem said the success of the terminal can be attributed to the close rapport between the national carrier and Kuwait's civil aviation authority.
With the opening of the new terminal, Kuwait's flag carrier is in the process of putting together a comprehensive and revamped itinerary, he added. KUNA
Parliamentary and Government Consensus on Early Retirement
The Financial Parliamentary Committee finished discussion of the Early Retirement Law to be enlisted on the Parliament’s list for tomorrow’s session. Opinions vary on the benefit of the new law for citizens. Supporters see that this law gives an opportunity for an employee for an optional retirement.
Moreover, the law grants the privilege of deducting 5% for man and women equally, however the previous law deducted from women 7.2% at the time of her retirement. Whereas others see that the married woman lost the privilege of retirement with the passage of 15 years in service, and she has become committed to serve 20 years or more. Al-Qabas
Al-Roumi Signed the Contract of Establishing 5 Centers for Business Licenses Worth KWD 2.03 Million
Minister of Public Works and State Minister for Municipality Affairs, engineer Hossam Al- Roumi signed yesterday the contract of the project of demolishing, re-building and maintaining five external centers for business licenses that worth the total value of 2,307 million KWD.
This includes the contract works of establishing the five centers related to the Ministry of Commerce and Industry in five locations at Al-Mansouriya, Hawally, Khaitan, Al-Jahra and Al-Dhuhr with variable areas, however with the same components and architectural design that meets the needs of both employees and visitors. Al-Seyassa
Economy
Agility Kuwait Invests $ 100 Million in Logistic Technology Sector
Agility Public Warehousing Company (KSC) announced Monday investing USD 100 million for the next three years in logistic technology sector, via launching a digital platform to manage electronically-linked operations.
It added in an statement published on Boursa Kuwait website that the platform comes as part of the company's plan of digital transformation, and would offer help to small companies, business owners and consumers to manage their logistic operations online.
This investment would work in meeting the clients' needs and contribute to developing electronic trading activities, cargo and digital trade, and would positively reflect the user company, it added.
Agility was establishes back in 1979 and was listed in Boursa Kuwait in 1984, with a declared capital of KD 153 million.
Agility got its start as a local warehousing provider in Kuwait and grew to become the largest logistics company in the Middle East. It acquired more than 40 logistics brands around the world, some in business since the mid-1800s. It is one of the world's largest integrated logistics providers and the largest private owner and developer of industrial real estate in the Middle East and North Africa. KUNA
Malawi, KFAED Sign Loan Deal to Help Finance Expansion of Water Network
A loan agreement between Malawi and Kuwait Fund for Arab Economic Development (KFAED) was signed Sunday in Sharm El-Sheikh, to help finance expansion of drinking water network in Mangochi city, totaling KD five million (equivalent of USD 17 million).
The signing ceremony took place on the sideline of the Africa 2018 Forum. The agreement was signed by Malawi Ambassador to Egypt Caroline Bwanali Mussa and KFAED chief Abdulwahab Al-Bader.
The project aims to meet the growing demand for drinking water, protect public health, utilize natural resources efficiently, and reduce waste by establishing a water treatment plant and water transmission and distribution networks in the city to serve the population of about 50,000 people and is expected to increase to 93,000 by 2036.
The total cost of the project is estimated at KD 6.3 million. The government of Malawi will cover the remaining cost.
This is KFAED's eighth loan to the Republic of Malawi. The past seven loans financed projects in the telecommunications and transport sectors with a total value of KD 24.520 million (equivalent to USD 83.368 million). KUNA
External Affairs
GCC Leaders Adopt Riyadh Declaration at End of Riyadh’s Summit
Leaders of the Gulf Cooperation Council (GCC) countries concluded their one-day summit in the Saudi capital, Riyadh, on Sunday
The Summit, chaired by Saudi King Salman bin Abdulaziz, approved the Riyadh Declaration, which primarily reaffirmed GCC leaders’ keenness on unity of the member countries and pursuing the objectives of the unity.
His Highness the Amir, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah led Kuwait’s delegation to the summit.
The GCC is made up of Kuwait, Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Qatar and Oman, KUNA
Kuwait Amir Returns Home after Participating in Riyadh's GCC Summit
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and an official delegation accompanying returned home from Saudi Arabia Sunday after chairing Kuwait's delegation to the 39th Gulf Cooperation Council's summit.
His Highness the Amir was received by His Highness the Crown Prince Sheikh Nawaf Al- Ahmad Al-Jaber Al-Sabah, National Assembly Speaker Marzouq Al-Ghanim, His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah, as well as senior government officials.
His Highness the Amir was accompanied by Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, Finance Minister Nayef Al-Hajraf, Amiri Diwan Undersecretary and Director of His Highness the Amir's office Ahmad Al-Fahad, Head of Amiri Protocols Sheikh Khaled Al-Abdullah Al-Sabah, Deputy Foreign Minister Khaled Al- Jarallah, head of Media and Culture Affiars at Amiri Diwan Yusuf Al-Roumi, Head of Amiri diwan's Political and Economic Affairs Sheikh Fawaz Saud Al-Sabah, and Assistant Foreign Minister for the Minister's office Ambassador Sheikh Dr. Ahmad Nasser Al-Sabah. KUNA
Forging of Certificates is outside our Universities: the Egyptian Embassy
The Egyptian Embassy to the State of Kuwait declared that the forged certificates are done by specialized network in collaboration with persons living in Egypt and Kuwait.
The Embassy indicated that cases of forged degrees that have been monitored were done outside Egyptian Universities for students, who are not enrolled in them. Al-Qabas
Kuwait Minister of Finance Received an Invitation from His Qatari counterpart to Attend Doha Forum
Kuwait Minister of Finance, Dr. Nayef Al-Hajraf received yesterday an invitation from his Qatar counterpart, Ali Al-Emadi to attend Doha 18th Forum during the period from 14 to 16 December, 2018, titled, “Forming Policies for an Interconnected World”, under the patronage
and with the attendance of HH Amir of Qatar, Sheikh Tamim ben Hamad Al-Thani. Al-Seyassa
Conflicts Can Be Solved Within GCC – Saudi FM
Saudi Foreign Minister Adel Al-Jubeir said Sunday any conflict among Arab Gulf countries
"can be solved within the Gulf house" and collective work.
The collective work of the Gulf Cooperation Council countries is not different than the national action of every member country, Al-Jubeir told a news conference following the one-day GCC Summit.
"The GCC always succeed when it works in one direction," he said.
The Gulf crisis "has no impact on the GCC work," said Al-Jubeir when asked about the dispute with Qatar.
Minister Al-Jubeir underlined any conflict was "easy to solve as long as it is (addressed) in a credible manner ... ." He said GCC countries were strong believers in common fate and that their unity "has always been effective if their positions were aligned in economic, political and security spheres in regional and international conferences." KUNA
