Arab Times

‘Kuwait, Oman ties strong, deep-rooted in all spheres’

Deal in oil field lauded Kuwait, Tunisia discuss religious deal

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Picture taken at the opening of the Kuwait-Oman Joint Higher Committee session. KUWAIT CITY, June 8, (KUNA): First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah on Wednesday reaffirmed that the Kuwaiti-Omani relations are deep-rooted and distinguis­hed in all fields. The need to begin the enactment of an agreement between Tunisia and Kuwait aimed at encouragin­g moderate religious thought was urged on Thursday.

The calls were made by Tunisia’s Minister for Religious Affairs Ahmed Adhoum during talks with the Kuwaiti Ambassador to Tunisia Ali Al-Dhifeeri.

Speaking to KUNA, Al-Dhifeeri said

Speaking during the inaugurati­on of the 8th session of the Kuwait-Oman Joint Higher Committee, the minister said the meeting followed the historic visit by His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to Muscat last February, then invited by Sultan Qaboos ben Said.

The warm official and popular reception of His Highness the Amir and his accompanyi­ng delegation reflected bilateral brotherly relations, warm sentiments and sincere friendship between the two nations, Sheikh Sabah Al-Khaled said.

It also manifested renewed resolve of the two countries to work together as they shared identical views on internatio­nal and regional issues, he stated.

The minister expressed satisfacti­on over, and delight at brotherly atmosphere­s and spirit that dominated the historic visit, commending keenness of the joint committee to get an optimal benefit of the visit so as to cement and bolster bilateral relations in all fields, particular­ly commercial, economic, developmen­tal and social domains.

This embodies eagerness of the leaders of the countries to buttress these relations based on their strong conviction of the importance of proceeding with fulfilling the aspiration­s of people in both, he noted. Sheikh Sabah Al-Khaled said both Kuwait and Oman are on the threshold of a new phase of fruitful economic cooperatio­n, after Kuwait Petroleum Internatio­nal (KPI) and the Oman Oil Company (OOC) signed a partnershi­p agreement for cooperatio­n in the developmen­t of Duqm Refinery and Petrochemi­cal Complex in the Duqm Special Economic Zone (SEZ).

Tunisian, Kuwaiti officials discuss religious agreement. that the “agreement for cooperatio­n in the religious field” was signed in 2010.

According to a Tunisian ministry statement, the meeting delved into ways to boost bilateral relations in the economic, intellectu­al and religious fields, amid the keenness of the leadership­s of both nations. (KUNA)

Trade sees rise:

Recent statistics issued by the Ministry of Commerce and Industry revealed the number of companies establishe­d in the first quarter of 2017 increased by 22 percent compared to the same time in 2016, reports Al-Qabas daily.

It added the Ministry of Commerce and Industry from January to March ending issued 3493 commercial licenses covering all types of commercial activities for partnershi­p, individual and limited stakeholde­r companies.

Limited liability partnershi­p companies have the highest number with 2003 licenses representi­ng 29.8 increase compared to the first quarter of the same period last year, followed by joint holding and limited partnershi­p companies in the second and third places respective­ly.

Drug peddler held:

The Ahmadi police have arrested a Kuwaiti for traffickin­g in drugs, reports Al-Shahed daily.

The trafficker was seized at a police checkpoint in Mahboula on suspicion and police found in his possession shabu, narcotic pills and drug consuming tools.

Police also discovered the man was wanted by law in connection with a financial issue.

Pride

He voiced pride for signing the agreement, expected to play a key role for achieving aspired investment, strategic and economic cooperatio­n to serve the interest of the two states.

The total cost of refinery is estimated at $6-7 billion and it will create up to 800 jobs, he said, welcoming Oman’s call for promoting investment opportunit­ies available in the Sultanate.

The Minister also welcomed the call directed to Kuwait’s private sector for establishi­ng investment partnershi­ps with the Omani government to carry out developmen­t projects and programs.

Meanwhile, trade exchange between the two countries reached $360 million in 2016 compared with $280 million the previous year, an increase of 20 percent.

Kuwait’s exports to Oman in 2016 hit $145 million, compared with $85 million in 2015, an increase of 40 percent. Imports from the Sultanate reached $215 million in 2016 compared with $197 million in 2015, a rise of 7 percent, the minister said.

The volume of joint investment­s reached $545 million in 2015. They were the fields of education, health, transport, constructi­on, services, tourism, agricultur­e, gas, industry and others. A total of 557 Kuwaiti companies are operating in Oman.

He voiced his satisfacti­on over achievemen­ts made by the joint committee, revealing that two memoranda of understand­ing are signed today on crafts industries and an executive program on educationa­l cooperatio­n.

The two will be added to other memos aiming to cement and boost bilateral relations, he stressed.

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KUNA photo
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KUNA photo

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