CR IP TI ON BS SU
THURSDAY, APRIL 3, 2014
Kuwait, NATO to strengthen cooperation
www.kuwaittimes.net
JAMADA ALTHANI 3, 1435 AH
Chileans return homes after huge quake kills 6
Qatar emir visits Sudan at time of Gulf tensions
Real overwhelm Dortmund as Ronaldo equals scoring record
NO: 16124
become sharia-compliant
40 PAGES
150 FILS
7 Bank 15 votes20to 5Commercial Most shareholders approve conversion to Islamic banking conspiracy theories
It’s not a one-man show By Badrya Darwish
badrya_d@kuwaittimes.net
T
raffic! We talk about traffic in the morning, in the afternoon and midday. Some people living here say that they even dream about traffic. It has been very bad on our streets and everybody has taken the problem lightly. I have noticed that various government departments do not work in coordination with each other. If this continues, there will be no serious solution to the traffic problem in Kuwait except trivial and silly remarks attributing the traffic problem to expats. As if an expat is going to drive two cars at the same time. Or the latest news from parliament, which was less discriminatory - to fine Kuwaitis who have more than one car or driver. I have an answer to this: If I have two cars, I am not going to drive them at the same time. I say we stop suggesting such ideas and stop the animosity. I have said it many times before: It is not up to Abdulfattah Al-Ali (Assistant Undersecretary for Traffic at the Ministry of Interior) alone to solve the problem. It is not a one-man show. Abdulfattah has been panicking about the traffic too. I do not blame him for this. I blame him for interfering with the freedom of the press, after he ordered journalists from Al-Rai TV (a local Kuwaiti TV channel) to stop filming on the streets of Kuwait a story focused on traffic. First of all, the streets are a public place, so why can’t journalists film there? They are not filming in Bayan Palace or inside the Ministry of Interior or any other area where a special permission is needed. They are simply doing a story on traffic in a public place where any social media user can take a photo and post it on Instagram or forward it with Whatsapp. Is Abdulfattah Al Ali going to order all those who take pictures with their mobile phones to be arrested? But this is not my issue. Abdulafattah Al-Ali and his department should meet other ministries, representatives from the municipality, the public works and transport ministries, as well as ministries of education and health, the oil sector, etc. It is not a decision to be taken only by Abdulafattah Al-Ali to solve it. How to change the timings of different sectors like schools and separate the timings of primary and secondary schools? Government employees could come a bit earlier or later than the school timings. The oil sector can also adjust their timings to help traffic. These suggestions are not going to solve the problem 100 percent, but I am sure that if they all sit together, they will come up with a solution to cut down at least 50 percent of the traffic jams in Kuwait. These are only temporary measures to solve the problem till a serious solution is reached, which is a good, efficient and reliable transportation system. By the way, guys. Traffic is not a Kuwait problem only. Most of the big cities in the world face congestion and they find solutions. There is no need to travel to London or Paris - just look at our neighbors Dubai. They have an excellent metro system and buses that are used by many residents. Dear municipality people, MPs and traffic departments, take a trip to Dubai. I am sure you all like Dubai. Look at the transport system there. Discuss it and study it nicely. If you give us a very efficient bus system, I assure you I will stop using my car. Many others will do so too. Have a good day and light traffic on the way to your homes!
KUWAIT: Commercial Bank of Kuwait (also known as Al-Tijari) announced yesterday it will convert from a conventional bank to a sharia-compliant one. The decision was approved by a majority of 85 percent of the shareholders who attended ordinary and extraordinary meetings of the general assembly, Board Chairman Ali Mousa Al-Mousa announced. “Although the majority of the shareholders voted for the move which was on the top of the agenda of the ordinary meeting, the decision does not take effect immediately - it is just a first step in a legal process involving several studies and approvals that will need time to implement before the shift,” he noted. “The general assembly also approved the issuance of subordinate bonds with a total value of KD 120 million, keeping with the bank’s plans for expansion and the provisions of
Basel III,” Mousa disclosed. On the financial results of 2013, Mousa affirmed the bank’s commitment to the principles of corporate governance in all its policies and activities that are subject to constant revision. “The shareholders’ equity in the bank grew by 1.8 percent to KD 562 million compared to the previous year, the third largest in Kuwait. The total value of assets grew by 7.1 percent year on year to KD 3.9 billion, the fifth largest in the country’s banking sector,” Mousa said. The bank’s operating and net profits hit KD 102 million and KD 23.5 million respectively in 2013, he added. The general assembly also approved the recommendation of the board of directors to distribute cash dividends of 7 fils per share and bonus shares amounting to 11 percent for each 100 shares. — KUNA (See Page 21 for chairman’s message)
KUWAIT: Commercial Bank of Kuwait Board Chairman Ali Mousa Al-Mousa speaks at a press conference yesterday. — Photo by Yasser Al-Zayyat
Why is Kuwait falling behind? KUWAIT: With a youthful, well-educated population, strong relationships with both neighbors and world powers and consecutive years of record budget surpluses, major oil producer Kuwait should be as dynamic a hub for the region as Dubai or Doha. But while others in the Gulf have powered ahead, attracting foreign investment and developing infrastructure, Kuwait has stagnated, frustrat-
ing the people of a country once seen as a Middle East trailblazer. This frustration is especially evident among young Kuwaitis, cosmopolitan and often educated abroad, who complain of bureaucratic red tape and dysfunctional politics, but also acknowledge complacency among their fellow citizens. Continued on Page 15
Free wi-fi at airport KUWAIT: MPs are seen during a session of the Assembly yesterday. — KUNA
Ghanem denies threats to dissolve Assembly HRW: Probe bedoon torture By B Izzak KUWAIT: National Assembly Speaker Marzouk Al-Ghanem denied yesterday that threats to dissolve the National Assembly were issued during Tuesday’s closed session, saying only HH the Amir has the power to dissolve the Assembly under the constitution. The Assembly agreed following a secret debate Tuesday to delay until the next term in October a draft law to raise the children’s allowance, which prompted the rumors. “No one dares to threaten to dissolve the National Assembly
because under the constitution, only the Amir has such powers,” Ghanem told reporters outside the Assembly. He also said that most leaks from the closed session were incorrect and inaccurate, adding that MPs are not allowed to leak information made during the secret sessions. Ghanem said that the postponement of the children’s allowance and other issues with a financial cost was the right decision to give the government enough time to prepare its financial strategy regarding wages, subsidies and others. Continued on Page 15
Sahara desert dust brings smog to UK LONDON: European pollution and dust swirling in from the Sahara created a “perfect storm” of smog in Britain yesterday, prompting authorities to warn people with heart or lung conditions to cut down on tough physical exercise outdoors. Air pollution in some areas reached the top rung on its 10-point scale, the environment department said.
The smog was caused by pollution from Britain and industrialized areas of the continent - trapped in place because of light winds - mixing with dust blown up from a storm in the Sahara desert. Many motorists across England awoke this week to find cars covered in a film of red dust left by overnight rain. Continued on Page 15
Kuwaiti student stabbed to death BOURNEMOUTH, England: A Kuwaiti woman found dead in a Bournemouth flat was stabbed to death, an inquest has heard, the BBC reported yesterday. The body of student Mashael Albasman, 25, was found on March 30 in a first-floor flat at a property on St Michael’s Road. An inquest which was opened and adjourned in Bournemouth heard the cause of death was stab wounds. A man, 58, who was at the property, has been arrested on suspicion of murder and remains in custody. Police were called to what they described as a “serious incident” shortly after noon on Sunday. The man was known to the victim, said police, and suffered injuries that later needed hospital treatment. — Agencies
Max 22º Min 16º High Tide 02:27 & 13:46 Low Tide 08:16 & 20:53
LONDON: A cyclist wears a mask as he cycles along The Mall as Sahara dust blanketed part of Britain in smog yesterday. — AP
KUWAIT: The Civil Aviation Authority announced yesterday free wireless Internet is now available at Kuwait International Airport (from April 1). The wi-fi service provided is of very high speed and requires no password or code, said Fawaz Abdul-Aziz Al-Farah, the chairman of the authority in a statement to KUNA. Users can access the Internet via free.airport.wi-fi, he said, indicating that the service is provided following an
agreement with a specialized company. The wi-fi service is currently available at the passengers’ entrance, luggage zones, transit section, departure gates and other parts of the main airport building. In the second phase of the project, the free service will be available at the affiliate commercial complex, he said, affirming that it will be eventually provided in all areas of the airport. — KUNA