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DAVOS: UN Secretary-General Antonio Guterres addresses a session of the World Economic Forum (WEF) on Jan 18, 2023. – AFP
Saudi aims to curb oil reliance
DAVOS, Switzerland: Saudi Arabia is working to reduce its reliance on oil exports, Economy Minister Faisal Al-Ibrahim said Wednesday, as the Middle East powerhouse sent one of the largest delegations to the Davos summit to make its case. Despite its goal of achieving net zero carbon emissions by 2060, the country remains hugely dependent on crude oil exports that have powered its growth for decades, raising doubts about its potential for an...
KYIV: Firefighters work near the site where a helicopter crashed near a kindergarten in Brovary on Jan 18, 2023. – AFP
Ukraine minister among dead in helicopter crash
KYIV: Ukraine's interior minister was among more than a dozen people killed in a helicopter crash Wednesday near a kindergarten outside Kyiv, spurring condolences from allies. Officials initially said that 18 people had died but later revised the toll down to 16, including one of the minister's deputies and three children. Ukrainian President Volodymyr Zelensky described the crash of the helicopter, which was en route to the frontline in eastern...
ANKARA: Turkish President and leader of AKP Recep Tayyip Erdogan attends a group meeting at the Turkish Grand National Assembly on Jan 18, 2023. – AFP
Erdogan sets the stage for May 14 polls
ANKARA: President Recep Tayyip Erdogan hinted Wednesday that he would bring the date of Turkey's most consequential election in generations forward to May 14 in a bid to catch his rivals off guard. The announcement sets the stage for a vote that could either extend Erdogan's Islamic style of rule into a third decade or turn the country on a sharply more secular - and potentially predictable - course.The 68-year-old stamped his mark as both...
KUWAIT: Health Minister Dr Ahmad Al-Awadhi delivers his speech during the opening of the 11th Kuwait Health Conference and Exhibition, “Kuwait Medica” on Wednesday.
Dr Al-Awadhi stresses role of private sector in developing health projects
KUWAIT: Health Minister Dr Ahmad Al-Awadhi stressed the keenness of the ministry on the contribution of the private health sector as a national and strategic partner represented by local and international companies specialized in the implementation of huge health projects in the country. Awadhi indicated in a speech at the opening of the 11th Kuwait Health Conference and Exhibition (Kuwait Medica) that at the forefront of these projects are new...
KUWAIT: Health Minister Dr Ahmad Al-Awadhi presides over a meeting to review the preparations for the opening of the third phase of Farwania Hopsital.
Farwaniya Hospital's third phase to begin operational from Feb 5
KUWAIT: Health Minister Dr Ahmad Abdulwahab Al-Awadhi has concluded a meeting with technical and administrative departments at the Farwaniya Hospital to review the latest preparations prior to the inauguration of the third phase of the new Farwaniya Hospital for nationals. The new phase will start functioning from February 5.The meeting witnessed a review of the plan of transferring patients, organizational details and procedures and a discussion...
Konstantinos Piperigos
Greek minister lauds rich cultural ties with Kuwait
KUWAIT: The Greek Embassy in Kuwait inaugurated the "Alexander the Great" exhibition under the title "Building Bridges of Communication between East and West," in the presence of Minister of Commerce and Industry, Mazen Al-Nahedh and Greek Economic and Development Minister Adonis Georgiadis. The event also witnessed the participation of a large number of ambassadors, citizens and several art-lovers."Alexander the Great is one of the most...
KUWAIT: Kuwait Airways CEO Maen Razouqi and Greek Ambassador to Kuwait Konstantinos Piperigos
Kuwait Airways to fly to Athens, Mykonos June 14
KUWAIT: Gearing up for the upcoming summer season, Kuwait Airways announced Tuesday the operation of scheduled commercial flights heading to the Greek cities of Athens and Mykonos starting June 14, 2023. The national carrier's CEO, Maen Razouqi, said that selecting Athens and Mykonos, cities bustling with attractive touristic sites, came after careful consideration to ensure that such lines complement the Airway's plans of expansion, read a...
KUWAIT: Kuwait’s real estate sector may remain stagnant during 2023, according to markets experts interviewed by KUNA. – File photo by Yasser Al-Zayyat
Kuwait's real estate sector could remain stagnant in 2023: Experts
KUWAIT: The real estate sector in Kuwait will remain stagnant in 2023 due to lack of interest in private housing, investments, and speculation over land prices, said experts on Wednesday. Speaking to KUNA in various interviews, the experts also pointed out that investors were not interested in purchasing real estate in inner areas due to the lack of affordable lands, construction cost, and other factors.Former secretary of the real-estate...
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KES sees solution to engineers' allowances issue
KUWAIT: Head of the Kuwait Engineers Society Faisal Al-Atil said the municipality minister will cooperate with Civil Service Commission to pay the allowances of engineers in the Municipality after a suspension of 13 months. "The minister promised to present and approve the allowances of municipal engineers at the meeting of the Civil Service Council, which will be held on Thursday.The allowances that were discussed with the minister for approval...
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18 electricity violations in Farwaniya area
KUWAIT: A judicial team from the Electricity and Water Ministry held a campaign in Farwaniya with the participation of committee members from the Interior Ministry and the Municipality to cut electricity of violating properties inhabited by "bachelors".Deputy director of the team Ahmad Al-Shammary said: "Similar investigations will continue. We call on real estate owners to evict bachelors to avoid cutting off of electricity and legal...
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Youth play crucial role in development of Kuwait: ChatGPT
By Faten OmarKUWAIT: As a part of our weekly series exploring articles written by artificial intelligence (AI), Kuwait Times is publishing articles written entirely by the ChatGPT bot and reviewed by a human editor. The chatbot will have a chance to express its opinion and analyze in general some subjects asked by our staff. This week's article is about the future of youth of Kuwait.According to ChatGPT, "Youth of Kuwait have the potential to...
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Fitch affirms Kuwait at 'AA-'; outlook stable
KUWAIT: The Finance and Insurance Company, Fitch Ratings, has affirmed Kuwait's Long-Term Foreign-Currency Issuer Default Rating (IDR) at (AA-) with a stable outlook. According to a Fitch Ratings statement, "Kuwait's key credit strengths are its exceptionally strong fiscal and external balance sheets, while key weaknesses include frequent institutional gridlock and political constraints on reforms that would address fiscal and structural...