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TUESDAY, OCTOBER 25, 2016
Kuwaiti inventor presents project for coating of nuclear reactors
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11 20 10 Kuwait urges international cooperation to fight terror
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Chevrolet Alghanim celebrates 50th anniversary
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www.kuwaittimes.net
MUHARRAM 24, 1438 AH
Jarallah: State needs to do more against IS funding Op-Ed
Bringing the best of America to Kuwait
By Lawrence Silverman US Ambassador to Kuwait
I
am thrilled to be launching the fourth annual Discover America Week, which kicked off Sunday. Between Oct 23 and Nov 3, the Embassy will present events highlighting the best of the United States, including music, film, food, sports, automobiles, education and tourism. There will be special offers at American restaurants and stores around town, live performances from Raptor, a US Air Force band, a screening of a classic and very popular cowboy movie remake, and business seminars highlighting new areas for partnership between our two countries. One focus of Discover America Week is education. Kuwaitis have been studying in the United States for over five generations. Last year some 15,000 Kuwaitis studied in my country, double the number from just a few years ago. We welcome Kuwaiti students. During my time in Kuwait, I hope that number will increase. And I hope more students and professors from the United States will come to Kuwait to increase the number and depth of academic and research partnerships between our two countries. During Discover America Week, we will organize a seminar to highlight what students and their parents need to know before studying in the United States, so that they can make the most of their experience. Healthcare is another area of potential growth between the United States and Kuwait, and of personal interest for me. As Kuwait looks to improve its healthcare system, we will encourage US hospitals to increase and expand partnerships here. We will have a seminar during the week focused on healthcare connections. Driving down the highways and neighborhood streets of this city admiring all the new and classic American cars, I was not surprised to learn that the automotive sector represents a third of US exports to this country. Did you know that some of the first international American auto dealerships were established in Kuwait? Jeep is celebrating its 75th anniversary and will be introducing a few new models during Discover America. Boeing, the iconic aircraft company is celebrating its 100th birthday this year and just introduced in Seattle the first of 10 new 777 airplanes that it will deliver to Kuwait Airways beginning in just a few weeks. They are looking to bring hundreds of jobs to this country in the coming years. Another well-known US company, Sheraton, is celebrating its 50th year in Kuwait. Last week, GE opened the Kuwait Technology Center, the first of its kind in this part of the world. It will provide cutting-edge innovation and research, specialized training, and service and maintenance throughout the region. This center is proof that technology knows no borders. The relationship between the United States and Kuwait is stronger than ever. The number of Kuwaitis visiting the United States is at an all-time high. During Discover America Week, we will highlight some of the many destinations that even intrepid Kuwaiti travelers have not yet discovered. There will also be a raffle for a free air ticket to the United States. I encourage you to follow us on Instagram and Twitter at USEmbassyQ8 and on the hashtag #DiscoverAmericaKWT to review the complete Discover America program and to participate in the events that interest you. These events are a great opportunity to put a spotlight on the strong USKuwaiti friendship, and explore areas to broaden and deepen this relationship. I hope to see you at our Discover America events.
KUWAIT: US Assistant Secretary for Terrorism Financing Daniel Glaser (left) and Kuwait’s Foreign Ministry Undersecretary Khaled Al-Jarallah attend the meeting of the Counter-ISIL Finance Group (CIFG) yesterday. — Photo by Yasser Al-Zayyat
KUWAIT: Kuwait yesterday stressed the importance of joining international forces in the fight against terrorist groups that pose a threat to the world’s peace and security. The remark was made by Deputy Minister of Foreign Affairs Khaled Al-Jarallah in his statement to the opening of a meeting of a panel on preventing the funding of the so-called Islamic State (IS), under the umbrella of the global coalition against IS. No single state, no matter how big and strong it may be, can face the danger of terrorism on its own, Jarallah said during the meeting of the Counter-ISIL Finance Group (CIFG). He also stressed the significance of collective action to counter the phenomenon. He referred to efforts by the international community to fight all forms of terrorism, which undermines the world’s security and stability, pointing to the resolutions issued by the UN Security Council and the Financial Action Task Force (FATF) reiterating countries’ responsibility to prevent financing terrorism. Jarallah affirmed Kuwait’s commitment to FATF’s recommendations on fighting terrorism, especially through legislations and other measures that guarantee transparency of information on donations to charity works overseas. The meeting comes amid the battle to liberate Iraq’s Mosul from IS, said Jarallah, adding that Kuwait is providing full support to Iraq in this fierce confrontation. Kuwait has previously hosted a series of coalition meetings aiming to prevent funding for the group. Last April, the country hosted a meeting for the international coalition’s communication group. “We still have a lot to do, though we are satisfied with what we have done so far,” Jarallah later told reporters. “We are ready to cooperate with our brothers and friends,” he said, responding to US criticism of Continued on Page 13
Main opposition group won’t field candidates By B Izzak
Abdullah Al-Roumi
KUWAIT: The main nationalist opposition group yesterday reiterated that it will not end its boycott of the National Assembly elections. Former MP and leading member of the opposition Popular Action Movement (PAM) Khaled Shukhayer said the movement will not take part in the election, but will not criticize opposition members who decide to participate. He said PAM
members will not contest the election as long as PAM secretar y general Musallam Al-Barrak and other leading members are behind bars. Meanwhile, 41 new candidates registered for the elections yesterday, raising the number so far to 291 hopefuls for the Nov 26 snap polls. Two members of the dissolved Assembly, Abdullah AlAdwani and Talal Al-Jallal, filed for reelection, while the main surprise was veteran ex-MP Abdullah Al-Roumi, who
With every turn of wrench, woman breaking barriers Pipe dream turns real ZARQA, Jordan: It is graduation day, and Maryam Mutlaq is celebrating her transformation from stay-athome mom to licensed plumber. Mutlaq, 41, describes her business plan in a clear, strong voice to the other graduates, all veiled women. She plans to open a plumbing store and sell pipes and spare parts. She’s even picked out a name, Challenge, and a location in an up-and-coming neighborhood. It has been a challenge just to come this far in an ultra-conservative community where many women don’t work at all outside the home. The coming months will determine if, against the odds, she can turn her bold dream into a real-life business. For now,
she is brimming with optimism. “We will break down the barriers that have been put up, that say we aren’t capable of doing things as women,” she says. Mutlaq’s choice is rare for the Arab world, where traditional gender roles make men the main breadwinners and confine many women to jobs such as teaching and nursing. Five years ago, the Arab Spring brought the hope of more opportunities for women. Yet that promise has not panned out, analysts and activists say. Only about a quarter of women in the Arab world work outside the home, the lowest percentage in the world. Continued on Page 13
Asian woman killed in Salmiya flat fire By Hanan Al-Saadoun KUWAIT: Kuwait Fire Service Directorate said an Asian woman died while two others including a child were injured in a fire in a Salmiya flat yesterday. The woman was rushed to hospital, but died of smoke inhalation. The directorate said a call was received at 11:15 am about the blaze, prompting Salmiya, south Salmiya and technical rescue centers to respond. Firemen rescued people trapped inside the apartment because of the thick smoke. Investigations are underway to find out the cause of the fire.
Min 18º Max 36º High Tide 06:08 & 20:55 Low Tide 00:55 & 14:08
ZARQA, Jordan: In this March 21, 2016 photo, Jordanian plumber Maryam Mutlaq, 41, poses for a picture at a school. — AP
filed his nomination papers from the first constituency. Roumi, who represented the constituency several times and was deputy speaker for one term, said the main focus should be fighting corruption, blaming the government for failing to do so. He said the Kuwaiti people should fight corruption through the best selection of candidates to safeguard the nation. Continued on Page 13
Kuwait still looking to issue $9.9 billion international bonds KHOBAR, Saudi Arabia: Kuwait is still considering the issuance of international bonds worth around 3 billion dinars ($9.90 billion), a finance ministry official told Al Arabiya TV yesterday. Like other Gulf Arab states, Kuwait is turning to debt capital markets to raise money as oil prices remain at less than half their levels two years ago. Qatar in May sold $9 billion of Eurobonds, while Saudi Arabia completed a record-breaking $17.5 billion debut offering last week. However, sources told Reuters earlier this month Kuwait’s planned bond had been postponed until 2017 after authorities decided it was in no rush to raise funds overseas. Speaking to the television channel yesterday, Finance Ministry Undersecretary Khalifa Hamada said the country ’s sovereign wealth fund, the Kuwait Investment Authority (KIA), would start to look at the measures that needed to be taken to complete an offering at the end of October. “We will look at the economic feasibility and the cost on the country for the issuance, as it is very important to take this into consideration,” Hamada said. He added that the country hadn’t yet begun engaging with international banks about the bond because the KIA was still preparing the technical and legal frameworks for the deal. Kuwait has been granted some financial leeway by a pick-up in oil prices, after they touched a 12-year low in February. The move has been pronounced since Sept 27, when the Organization of the Petroleum Exporting Countries announced plans to curb production for the first time in eight years, to rein in a global crude glut that has halved prices from mid2014 highs above $100 a barrel. “Until the first half of this fiscal year at the end of September, the deficit reached around 3.6 billion dinars and (the full-year deficit) is expected to be lower than estimated in the budget due to the slight rise of oil prices,” Hamada told the channel. Kuwait’s finance minister, Anas Al-Saleh, said in July that the country’s projected deficit for this fiscal year was KD 9.5 billion. Saleh said at the time the shortfall would be covered through drawdowns of reserves as well as issuing bonds both internationally and locally, with the latter debt worth around KD 2 billion. “A big chunk” of that figure had already been raised by the Central Bank of Kuwait, Hamada said. — Reuters