Author: Aglakoyun

Developed and produced at Saab in Linköping, Sweden, this sale represents a milestone in expanding the production of this Swedish technology to the U.S. Saab’s Autonomous and Undersea Systems Division will produce parts of this system in close collaboration with other production sites in Sweden, the United Kingdom and Denmark. “We’re excited to introduce production of this undersea vehicle capability to the United States. The Autonomous and Undersea Systems team has established both a highly experienced team of undersea vehicle experts and significant new production capabilities for Saab that position us for greater U.S. market expansion,” said Erik Smith, President and…

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Berlin (06/11 – 58) UN Special Rapporteur of Human Rights Defenders, Mary Lawlor, has once again called on the authorities of Tajikistan to release imprisoned Tajik journalists and bloggers. Mary Lawlor posted on her social media account, formerly Twitter, that during a meeting with Tajikistan’s Permanent Representative to the UN, Jonibek Hikmat, in New York on October 24, she reiterated her call for the Tajik authorities to release the convicted human rights defenders and journalists, including Daler Imomali, Abdullo Gurbati, and Ulfatkhonim Mamadshoeva. Last year, in Tajikistan, eight journalists and bloggers were sentenced to various prison terms, ranging from 7…

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The Audit Bureau has uncovered that the Ministry of Finance neglected to collect or settle government debts amounting to 75.5 million dinars, violating budget implementation rules. The report for the fiscal year 2022/2023 also highlights a mere 5.3% collection rate of tax dues rolled over from previous years, totaling 342,834,142 dinars. The Ministry faces scrutiny for holding balances rolled over from previous fiscal years, including income tax dues of 193,800,914 dinars, breaching budget rules.Moreover, the Bureau reveals that the Ministry failed to settle retained balances in the local current liabilities account, totaling 16 million dinars, and outstanding amounts in various…

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The Minister of Health, Dr. Ahmed Al-Awadhi, confirmed that flexible working hours are not appropriate for the work of the Ministry of Health, citing “the special nature of work in all the Ministry’s facilities which is not compatible with flexible working hours, and therefore the Ministry has not issued any decision in this regard,” reports Al-Rai daily. Al-Awadhi was responding to a parliamentary query submitted by MP Osama Al-Shaheen, when told that the “Public Authority for Food and Nutrition had already issued the Administrative Resolution No 637/2023 specifying flexible official working hours from Sunday to Thursday, 7 hours work in…

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On this Monday, the Environment Public Authority inaugurated the Kuwait Low Carbon Strategy 2050, underscoring its dedication to the United Nations Framework Convention on Climate Change. This initiative involves collaboration with the United Nations Environment Program and various pertinent sectors within the country, all working together to actively decrease emissions and facilitate the successful launch and execution of the strategy. In a press statement after the ceremony unveiling Kuwait’s low-carbon strategy, Samira Al-Kandari, the Acting Director General of the Authority, highlighted that Kuwait is the second country in both the Gulf and the Arab region to introduce its strategy, following…

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In a decisive encounter at Prince Muhammad bin Fahd Stadium in Dammam, Saudi Arabia, Kuwait is set to face Afghanistan at 8:00 pm. This match marks the second round of the first group competitions in the joint Asian qualifiers for the 2026 World Cup and the 2027 Asian Cup. Kuwait needs a win to keep their hopes alive of advancing to the next round of the World Cup. In the previous week, the team faced a setback with a narrow defeat against India, failing to meet fan expectations. Anticipation is high for a more spirited performance in this crucial match.…

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RABAT: The head of the Kuwaiti Insurance Regulatory unit, Muhammad Al-Otaibi, emphasized the importance of promoting comprehensive insurance and digital transformation, saying that it “represents a top priority at the present time.” This came during Al-Otaibi’s participation. In the proceedings of the second session of the regional symposium in the Middle East and North Africa region, which was organized by the Insurance and Social Reserve Supervision Authority in Morocco in partnership with the General Authority of the Capital Market in the Sultanate of Oman in the capital, Rabat, on Oct 25 and 26. Al-Otaibi added that this symposium constitutes a distinguished…

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Frankfurt, Brussels (6/10 – 27) While Tajik authorities have not been able to lay their hands on their activist opponents living in Europe, they are able to turn the screws on their families and relatives, back in the old country. The recent case of arrest of family members took place shortly after President Emomali Rahmon’s visit to Germany, to attend a summit of Central Asian leaders, at the end of last month. Throughout Rahmon’s visit, he was trailed by demonstrators holding up placards bearing pictures of political prisoners and calling him a dictator. When Rahmon headed to the Bundestag on…

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DAVENPORT, Iowa (KWQC) -Executive Producer for Paula Sands Live, Jake Eastburn, followed up Paula’s retirement news with his own big announcement. As a member of the Illinois National Guard for over 17 years, Eastburn recently received news that he will be deployed to Kuwait from the end of January through December, 2024. In the segment, Paula and Jake fondly reminisce about their very special personal and professional relationship while discussing changes ahead. Jake’s position at KWQC-TV6 will be held for him while he’s away. Source : KWQC

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Fundamental Rating Strengths and Weaknesses: Kuwait’s ‘AA-‘ rating balances its exceptionally strong fiscal and external balance sheets against a political context that makes fiscal consolidation and other reforms difficult, evidenced by the absence of meaningful fiscal adjustment and the absence of legislation since 2017 to authorise debt issuance. Fiscal and structural challenges stemming from heavy oil dependence, a generous welfare state and a large public sector and low governance indicators (below the ‘AA’, ‘A’ and ‘BBB’ medians) also constrain the rating. Exceptionally Strong External Assets: Kuwait’s fiscal and external balance sheets remain among the strongest of Fitch-rated sovereigns. We forecast…

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