The institute aims to strengthen ties between Arab and Western civilisations
The formation of the task force was decided during an emergency cabinet meeting to discuss the repercussions of the global financial turmoil on Kuwait's banking system, amid another major slump by the stock market.
‘The cabinet has assigned the governor of the central bank to lead a professional and specialised working team with executive powers to follow up and deal with the impact of the global financial crisis on Kuwait's economic and financial situations,’ a cabinet statement said.
The cabinet also said the government is committed to ‘guarantee all deposits in the national banks.’
Earlier, the central bank said the government will urgently submit a draft law to parliament to guarantee deposits in local banks.
The move came after the central bank announced that Gulf Bank, Kuwait's second largest lender, incurred ‘losses’ from trading in derivatives and immediately suspended its shares on the stock market.
The institute aims to strengthen ties between Arab and Western civilisations
Social workers have strongly urged all overstayers to take immediate steps to regularise their status within the stipulated time frame
Some tickets were relisted on resale sites for as much as Dh38,581
Here's a list of the places you can go; entry is free to most of them
Some of the survivors were still recovering at hospitals while others were already in their homes
The vaccines will be flown to Democratic Republic of the Congo, Nigeria, South Africa, Ivory Coast and Cameroon
‘My current position is, to be honest, beyond all my pre-tournament expectations,’ said the tournament host
The confirmed case involved a 51-year-old man, who is currently in stable condition and undergoing treatment