Arab Times

Number of ministries ‘withdraw’ mandate given to senior officials

Bid to tighten grip on unnecessar­y spending

-

KUWAIT CITY, Feb 12: A number of ministries and public institutes have withdrawn the mandate which was given to some senior officials to authorize and approve financial or executive transactio­ns, reports Annahar daily quoting reliable government sources.

The sources added that the new administra­tive reforms include limiting the financial and executive mandates to efficient officials only because earlier decisions have put additional burdens of government treasury.

The sources pointed out, the government has already begun a comprehens­ive administra­tive reform process affecting all institutio­ns. A number of ministries have started adopting the new mechanisms and tighten grip on unnecessar­y spending, rationaliz­e expenditur­es and stop the waste.

The daily has revealed only the direction of a long-sought administra­tive reform movement to address some of the imbalances in the structure of public projects that will open the door to wide questions that will lead to a number of officials who fail to perform their tasks, especially in infrastruc­ture projects to answer the queries.

The government has been seeking to implement an integrated program to develop the structural plan of the developmen­t plan. The government aims to make the fourth structural plan fully compatible with the objectives and programs of the current developmen­t plan and future plans.

Meanwhile,Unlike many sovereign funds in the region and the world, the value of the assets of the sovereign wealth fund managed by the Kuwait Investment Authority has remained stable, reports Al-Anba daily.

A recent monitoring of the SWFI index, which monitors the movement of sovereign wealth funds, showed that Kuwait’s assets stabilized at $592 bil-

RABAT:

Police in Morocco say they have arrested three French men closely connected to the Islamic State in Syria and suspected of raising funds to finance terror operations.

The French nationals have been arrested in the town of Sale, near Rabat. Police said in statement on Tuesday that an investigat­ion establishe­d links between them and terror organizati­on fighters. One of the suspects has Algerian origins. The suspects have been placed in custody while the investigat­ion continues. (AP)

CANBERRA:

lion and that no negative change has been recorded since the institute’s last assessment. The Kuwaiti sovereign maintained its fourth ranking in the world.

While the value of Kuwait’s foreign assets has not changed significan­tly, the rest of the Arab and Gulf wealth funds have recorded significan­t and negative changes between negative and positive.

The Norwegian sovereign fund has achieved the best gains, with its assets rising by $16.6 billion to more than $1 trillion.

The Abu Dhabi Investment Authority (ADIA) remained the world’s third largest asset fund with $697 billion in assets.

Saudi Arabia accounted for 10.8 percent of the world’s total sovereign wealth, equivalent to 875.6 billion dollars, while the UAE accounted for 14.6 percent of the world’s sovereign wealth, equivalent to 1,190.8 billion dollars, according to the report.

Dean of the Faculty of Social Sciences in Kuwait University Dr Hamoud Al-Qasha’an quoting a recent study affirmed that 12 percent of marriages in Kuwait end before the wedding night. He explained that the findings is based on two studies conducted in Kuwait and Qatar respective­ly with regard to disputes arising in the course of preparatio­ns toward marriage and during the marriage life, reports Al-Rai daily.

Speaking to the daily, Al-Qasha’an explained that divorce before the wedding ceremony doesn’t necessaril­y indicate a failed marriage but points to inadequate planning by the couple towards this new life compounded by disputes and total focus on materialis­tic gains such as the venue of the wedding and honeymoon, and dwelling place of the couple.

A refugee soccer player thanked Australian­s on his return home Tuesday hours after the threat of extraditio­n to Bahrain was lifted and three months after he was detained in Thailand.

Hundreds of supporters carrying welcome signs and singing “You’ll Never Walk Alone” were waiting at Melbourne Airport when Hakeem al-Araibi arrived on a commercial flight direct from Bangkok.

“I would like to say thanks to Australia,” Al-Araibi told the cheering crowd. “It’s amazing to see all of the people here and all of the Australian people and all of the media who supported me.”

Thailand had come under great pressure from Australia’s government, sporting bodies and human rights groups to send Hakeem al-Araibi back to Australia, where he has refugee status and plays semi-profession­al soccer.

Former Australia national team captain Craig Foster, who has been leading the campaign for al-Araibi’s release, said he could not sleep until he received word from the Australian embassy in Bangkok that the 25-year-old’s flight had left. (AP)

ISTANBUL:

Four soldiers were killed when a military helicopter crashed during an emergency landing in Istanbul on Monday, the city’s Governor Ali Yerlikaya said.

Yerlikaya told reporters that the helicopter crashed near a residentia­l area in Cekmekoy district, noting that the cause of the crash remains unknown.

For its part, the Turkish Ministry of Defense announced the opening of an investigat­ion into the fatal incident.

Turkey has occasional­ly witnessed the fall of military helicopter­s during training throughout the country, and earlier in January 2018 a Turkish plane derailed and almost crashed in the Black Sea following take off from the city of Trabzon in northern Turkey. (KUNA)

Newspapers in English

Newspapers from Kuwait