Notice Board

Banks will offer new auto financing packages

 
 
 

Banks are currently preparing to offer new auto financing packages in what appears to be a race to attract more clients, reports Al-Rai daily quoting sources. Sources hinted that the upcoming banking competition in terms of car financing will start soon, targeting current and potential clients. Sources said car loans will be offered to Kuwaitis and expatriates including those working in the government and private sectors, as well as Bedouns provided they hold valid security cards.

Conditions
Sources disclosed the main conditions for approval of car loans are the same as those applied before the Corona crisis; such as salary that proves the borrowers capability to pay the loan, positive credit history, job stability, and absence of legalities which could prevent the borrower from taking a loan. Sources pointed out the most important variable in the car financing market is reduction of salary requirement to KD300 minimum; while the guarantor condition is not applied if the borrower works in a government agency, companies listed on Boursa Kuwait and those listed as clients of the bank that will grant the loan. Sources said there is a plan to exclude the salary transfer condition and the registration book of financed cars will no longer be required for installments.

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No imposition of any new taxes in Kuwait

 
 
 

 According to government sources, the government’s work program does not include the imposition of any new taxes, either value-added tax or selective tax or income tax, or any other taxes related to the labor and income of individuals, reports Al-Rai daily. They explained that the new program does not include any tax addition other than what is currently applied to companies.

It is expected that the rates of taxes collected from companies will increase during the next fiscal year, with an increase in the percentage of the proceeds for the current fiscal year by approximately KD 155 million. The sources emphasized that the government seeks to enhance the welfare of the citizens and not burden them with undue burdens, especially in light of the high levels of infl ation in the local and global markets, which is expected to continue on an upward trend in the coming period.

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Silk City, Boubyan Island project a failure

 
 
 

In its annual report on ministries and government departments, the State Audit Bureau highlighted the failure of the General Secretariat of the Supreme Council for Planning and Development to implement the program to develop the Silk City and Boubyan Island, despite spending sums amounting to KD 107,163 for forming many work teams. This indicates the failure in using the required amounts, reports Al-Rai daily. 

The bureau indicated that the General Secretariat of the Supreme Council for Planning did not provide it with the required data regarding the recruitments and the work teams formed for the Silk City Development Program (Subiya) and Boubyan Island, which is in violation of Article 52 of the Law No. 30 of 1964 on establishing the State Audit Bureau and its amendments. In its notes on the sixth program for the development of the Silk City and Boubyan Island, the bureau explained that the secretariat paid monthly bonuses to some of those who used their services during the period from July 30, 2020 to April 4, 2021, of which KD 49,200 could be counted as unjustly.

All the desired goals of including appropriations for the development program of Silk City and Boubyan Island have not been achieved as a result of non-disbursement of some appropriations, and a decrease in the exchange rate on other currencies until the end of the 2021/2022 fiscal year, amounting to the total appropriations of KD 728,350, as the exchange rate reached 18 percent of the total funds allocated to the program.

 
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Honey extracted from Sidr trees, eucalyptus, willow nectar’s is top in Kuwait

 
 
 

With the onset of dawn, swarms of bees permeate the branches of Sidr trees entwined with the sun’s rays, rushing towards the small yellow flowers hanging down where from a distance, the view appears as a slow motion videotape that captures pictures of bees shaking and dancing in front of the flowers. Kuwaiti beekeeper Salem Al-Oumi describes the bee as a simple creature that does not like complexity, having a special language that is expressive and rhythmic, seen in how when a stray bee returns to the hive with news of the presence of nectar, pollen, or water, it performs an expressive dance, where each dance and movement has a meaning and signal through which it determines the location of the nectar and the distance. Speaking to KUNA, Al-Oumi said Tuesday that the stray bee dances in the presence of the workers and begins to dance in a circular or vibratory manner, sometimes to the right and left, in a rapid rhythm for half a minute and may last for a full minute, after which all the workers prepare to go out to collect nectar according to a precise roadmap.

The most well-known types of honey in Kuwait are three types that are from Sidr trees, from which Sidr honey is extracted that Kuwait is well-known for, along with eucalyptus and willow, from which spring honey is extracted, he mentioned. Kuwait annually imports about 20,000 bees, the price ranging between KD 15- 20, during two periods, the first during the months of March and April, and the second during the months of September and October of each year, he stated.

The cost of a beehive with bees ranges between KD 40-45 and produces three to five kilograms during one season, he explained. The bee visits about 100 flowers and transports in each round more than half of its weight of plant pollen, he added, indicating that there are roughly 320 types of honey that differ in color, flavor and smell. Kuwait’s honey has a global presence and a desert imprint that topped advanced ranks, Al-Oumi underscored, mentioning that the secret of the quality of Kuwaiti bee honey is due to the fact that it is the product of pastures in desert areas, which are low in moisture, producing honey of high quality since it obtains the best types of nectar.

The most crucial factors impacting the quality of honey in general are measured by two main factors, which are the percentage of sugars and the percentage of moisture, he clarified. Sidr honey is one of the best types of honey in the world and the price per kilogram is around USD 150, he said. Willow honey has a golden yellow color whereas eucalyptus honey has a dark amber color and distinctive aroma, he added. Kuwait’s farms host over 15,000 beehives as the average number of beekeepers reached nearly 300 beekeepers and amateurs in beekeeping as the number is increasing, he pointed out.

There are over 20,000 bee species worldwide, including Italian, Russian, Caucasian, German and Egyptian bees and countless other types, Al-Oumi mentioned. In order for the bee to have one kilogram of honey, it travels between flowers a distance equivalent to times around the Earth’s circumference around the equator, he revealed. Between 20,000-30,000 bees live in one hive, and the worker bees warm the hive during the winter by operating their wings, while the middle-aged worker builds a honeycomb, he said. Kuwait’s annual production of honey ranges from 25-35 tons annually, he explained, saying that the price of Kuwaiti honey ranges between KD 10- 30 per kilo. Bees used types of poisonous nectar, as they secrete some enzymes on it then sprayed it on insects that attack their hive, then they die of suffocation, he revealed. (KUNA)

 
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BEC Opens doors to 62nd branch in Kuwait

BEC Opens doors to 62nd branch in Kuwait

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Bahrain Exchange Company W.L.L. (BE C), one of Kuwait’s leading worldwide money transfer and foreign exchange companies, has announced today the opening of its 62nd retail outlet and 4th in Khaitan.

Situated near Masjid Essa Al Othman, in block 6, street 53 will be open for business from Saturday to Friday,9am – 9pm. The branch will cater to many locals and expatriates in the area who require money transfer and currency exchange services. Customers will be offered great rates on currency exchange and BEC’s full suite of money transfer services, including Cash Pick-up and Credit to Account through EzRemit, MoneyGram and Transfast. 

The branch was inaugurated by CEO of BEC Mr. Mathews Varughese. Commenting on the new branch Mr. Mathews Varughese said, “Khaitan has always been a busy area with many businesses and residential property. This branch will serve as an accessible location for the many people who work in the locality and to those who reside here as well. ” 

BEC currently has 62 branches conveniently located across Kuwait and specialises in sending money around the globe safely and quickly to over 46,000 locations in 30 countries through its own money transfer product – EzRemit. Its global reach is extended to over 200 countries and territories through its partnership with MoneyGram an international remittance company. BEC also has its own online money transfer service, BEC Online, allowing customer to send money fast, safe and securely from the comfort off their own home or office or on the go through BEC App



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Work Permit Online System Tampered

 
 

Attempts have been detected by the Public Authority for Manpower (PAM) to manipulate its online work permit issuance system, reports Al-Seyassah daily. The Information Systems Department and a group of employees reportedly exposed attempts to manipulate the system to apply for work permits for Asians then change their nationalities to Arabs after approval.

 Legal measures have been taken against those who manipulated the system. These individuals have the password, which they would have obtained from the company's owners or representatives.

 

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Kuwait Citizens Do Not Pay Taxes

 
 

Neither the government's work program nor its economic plan includes the imposition of any new taxes, whether it be value-added or selective taxes, income taxes, or other regressive taxes.

The new program does not include any additional taxes other than the tax currently applicable to companies, and it is expected that the rates of taxes collected from companies will increase during the next fiscal year. According to an Arabic daily, the percentage of proceeds for the current fiscal year has increased by approximately 155 million dinars.

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Appearance of Jupiter, Saturn, Venus, Mars in Kuwaiti skies

 
 
 
 

The Sheikh Abdullah Al-Salem Cultural Center announced the appearance of four bright planets adorning the sky of Kuwait these days. They can be seen with the naked eye with brightness similar to the luminosity of stars with a difference in glow. They are Jupiter and Saturn, giants of the solar system, in addition to Venus and Mars.

The Space Museum of the Abdullah Al-Salem Cultural Center

The general supervisor of the center, Khaled Al-Jama’an, said in a statement to Kuwait News Agency (KUNA) today, Monday, that Venus can be seen with the naked eye immediately after sunset for half an hour, while Saturn can be seen at 10:18 in the evening . He indicated that the planet Jupiter, which continues to exist in the sky from sunset until 1:23 a.m., and finally Mars, which appears at 5:35 p.m. and disappears in the morning with sunrise.

Al-Jama’an reported that Mars, the second-smallest planet in the solar system, will increase in brightness in the sky and reach its peak brightness next month. It appears these days in the sky as a bright red star, due to the availability of large amounts of iron oxide in the composition of its rocks. He stated that the planets Jupiter and Saturn will shine in a distinctive way and are called the guardians of the earth, as their great gravity allows them to attract any body or celestial stone heading towards the earth, which makes us relatively safe from the risk of devastating collisions.

Al-Jama’an mentioned that the Sheikh Abdullah Al-Salem Cultural Center will organize special days to monitor these planets, whenever weather conditions permit. The Space Museum at the Sheikh Abdullah Al-Salem Al-Sabah Center displays scientific information about the planets of the solar system and space flights with the latest means, in addition to astronomical devices and equipment that are used to monitor and document astronomical phenomena. (KUNA)

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Kuwait tops in per capita power use

 
 
 

 After Kuwait recorded one of the highest per capita water consumption rates in the world, amounting to approximately 100 imperial gallons per day despite its water scarcity, Kuwait has now set a record in the per capita electricity consumption rate during the year 2021, as the rate of increase in the electricity consumption reached 15.9 percent with a daily per capita consumption rate of 45.1 kilowatt-hour. It thus has broken its previous record of 13.2 percent, recorded in 1993, with an estimated 30.6 kilowatt-hour per day.

According to a local report, the per capita consumption of the energy exported from the stations was calculated without deducting the losses from the exported energy. Informed sources urged officials of the Ministry of Electricity, Water and Renewable Energy to study the reasons for the high rates of per capita electricity consumption, which costs the state huge sums of money to provide through the oil that the ministry buys to operate the production stations and in light of the current high oil prices.


They called for activating rationalization policies and campaigns in all locations, in addition to obliging the concerned authorities to construct buildings with insulation that are compatible with energy saving standards. The sources indicated that most old buildings do not have insulation mechanisms, which contributes to an increase in energy consumption through the continuous operation of air conditioning, which consumes 70 percent of the produced electricity. By Mohammad Ghanem Al-Seyassah Staff

 
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Apple Pay to launch in Kuwait on Dec 6

 
 
 

 According to informed sources, five local banks, including three conventional and two operating according to Islamic law, are ready to activate “Apple Pay” for their customers on the expected service activation day in Kuwait – December 6, reports Al-Rai daily.

They explained that all Kuwaiti banks will not be able to activate the service on the launch day at once. It is likely that the banking ability to support the service for customers will be limited to the five banks that are prepared for that in their systems, while each bank that is unable to activate on the launch day will be able to activate the service as soon as its systems are configured to support cards issued by the bank so as to participate in Apple Pay payments.

The “Apple Pay” service will include credit cards, debit cards, and major prepaid cards, specifically those related to salary as well as Visa and MasterCard.

Supporting all bank accounts and linking them to the service will be based on the policy of each bank, as it may decide to activate it for the accounts of the main cards and not the private ones targeting a specific segment of customers.

The spread of “Apple Pay” does not mean displacing the network of the Shared Electronic Banking Company (KNet), as it stated that enabling “Apple Pay” needs to enable the company’s platforms either for points of sale or e-commerce.

The majority of point-of-sale devices in the market are ready for “Apple Pay” transactions supported by the “NFC” feature for debit and credit cards without any change. Incompatible points of sale devices will be replaced.

 

 
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MOH brushed off the possibility of cholera spreading in Kuwait

 
 
 

The Ministry of Health has brushed off the possibility of cholera spreading in the country, after the detection of an infected case, the day before yesterday, of a citizen returning from Iraq — the country suffering from the outbreak of the disease — and his detention and those who came in contact with him according to the approved protocols, and their follow-up to ensure their safety and ensure that they do not transmit the infection to others, reports Al-Qabas daily.

The ministry stressed that “the situation is reassuring and under control, and there is no change in the procedures related to travel, with the continuation of precautionary measures, in anticipation of any emergency.” The Ministry of Health confirmed that the chances of cholera spreading in the country are “out of the question”, stressing the importance of citizens and residents taking caution when traveling to any country where the epidemic is spreading, and making sure to avoid sources of drinking water and unsafe food.

The ministry called on people who show symptoms such as diarrhea and severe fever, within 7 days of their arrival from a country where the disease is spreading, to go to the nearest health center to receive the necessary advice and treatment. The sources stated that the situation in the country is reassuring and under control, and there is no change in the procedures related to travel, with the continuation of precautionary measures, in anticipation of any emergency, pointing to the continuation of coordination with the health authorities in neighboring countries, to ward off any potential risks to Kuwait.

The sources pointed out that “cholera” was endemic in areas where wars, epidemics and famines abound, and it has spread in some Arab countries recently, such as Iraq, Lebanon and Syria, indicating that it usually appears in residential areas that suffer from a scarcity of drinking water or lack of sewage networks which is not the case in Kuwait.

 
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Part-timers snatch 50% requests in delivery market

 
 
 

 Around 47,000 drivers are currently employed in officially recognized delivery companies who are supposed to deal with 300,000 delivery requests daily; as the average delivery capacity of each driver ranges from 15 to 20 per day, reports Al-Qabas daily. The owners of delivery companies told the daily that despite the high number of workers in the delivery sector, the presence of freelance or part-time workers has become a threat to them and their employees; considering that the latter handle more than 50 percent of the daily delivery requests, as many clients prefer to use certain applications due to the low operational cost.

The Delivery Companies Association (DCA) cited the entry of domestic workers in the delivery sector as one of the problems they are currently facing. The association disclosed that the sponsors of these workers collect their salaries through the self employment system; such that the workers earn about KD240 to KD350 per month, instead of KD120 from the original employer, while the officially recognized companies spend about KD1,300 for each worker.

The association went on to say that those who shifted to the delivery sector include teachers, carpenters, domestic workers and electricians; indicating some applications tempt them by offering a higher salary for 15 delivery requests per or more daily. They pointed out that the entry of domestic workers, government contract workers and others into the delivery sector led to a remarkable decrease in the work of officially recognized delivery workers to five to seven requests per day, instead of 20. They called on the Ministry of Interior to strictly implement the law, particularly the deportation of expatriate workers offering delivery service as a part-timer or freelancer.

They argued it is not enough to ask these workers to present a permission signed by their employers or transfer them to another sector, since violations are repeated without deterrence. In a related development, an official source from the Public Authority for Manpower hinted on a plan to implement a system to regulate the delivery sector. He said the authority is currently working on the technicalities of using a barcode for each worker to easily show relevant data; such as the types of visa and driving license, to the clients or the inspectors.

 
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Kuwait was the first Arab country to use self-issued electronic devices

 
 
 

Kuwaiti citizens will be able to obtain passports automatically, the same way driving licenses are issued to Kuwaitis.

According to a local Arabic daily, renewing it involves the same steps as renewing a license. Kuwait will be the first Arab country to make this service available to its citizens, with citizens submitting their passport requests electronically on the Ministry of Interior's website, then going to the nearest issuing device to receive the passport.

It was explained by Major General Sheikh Fawaz Al-Khaled, Director General of the General Administration of Nationality and Travel Documents, that in order to avoid overcrowding at the General Administration of Nationality and Travel Documents, self-service devices for electronically delivering citizens' passports are placed at national identity centers in the governorates.

According to Al-Khaled, a special counter is being allocated to travelers at Kuwait Airport, which will issue passports to citizens when they suddenly discover that their passports have no blank pages left. In order to ensure that their travel is not disrupted, this service is available only to holders of the boarding pass before the flight.

"These modern devices are only found in Kuwait and a few Asian and European countries," he said. First Arab country to use this device, which carries a high level of security and confidentiality because a passport is one of the most important documents in the country. A further achievement for Kuwait is that no case of forgery has been detected since the change over to the new passport which contains an electronic chip."

 
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Kuwait's illegal immigration dropped significantly

 
 
 

According to a Kuwaiti newspaper, Kuwaiti security forces have clamped down significantly on illegal expatriates in the country, reducing their number to approximately 136,000.

Kuwait's residency law is most frequently violated by Asian nationals, Al Anba said, citing a security source who did not provide a previous figure.

According to Kuwaiti media, 160,500 illegal foreigners resided in Kuwait illegally last year.

Al Anba quoted an unnamed Kuwaiti source as saying that illegals are unlikely to be given a new grace period for rectifying their status soon.

According to the source, some of the recently deported violators were arrested in dubious places and also involved in illegal alcohol production.

Following repeated extensions of the grace period for violators of Kuwait's residency law to adjust their status, the country has increased security campaigns against illegal expatriates.

Kuwait has been calling for reducing foreign employment in recent months amid economic repercussions from COVID-19 and accusations that migrants strain the country's infrastructure.

 
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Darwaza Tunnel work suspended until the dispute is settled

 
 
 

Following a two-year hiatus and the start of repairs nearly two months ago, informed sources revealed Dr. Amani Bouqammaz has suspended work on the Darwaza Al-Abd Al-Razzaq Tunnel until the dispute over the tunnel works is settled, according to Aljarida daily. In a report submitted by a specialist at the Government Performance Center, the report argues that the mechanism for implementing tunnel repairs is flawed and poses a threat to the project. Another team, however, argued that the existing works are correct in accordance with a well-studied plan due to which they should not be halted. Almost 65 percent of the Darwaza Al-Abd Al-Razzaq Tunnel work has been completed, and there is only a month left.

 Describe

As the Public Authority for Roads and Transportation (PART) and the project contractor are eager to complete all works as planned to preserve Darwaza and ensure the safety and security of the site, the danger is in suspending and completing the work at Darwaza Al-Abd Al-Razzaq Tunnel. In the recent period, the decisions to repair the Darwaza Al-Abd Al-Razzaq Tunnel raised a lot of controversy. A week ago, Minister Bouqmaz issued a decision to suspend the commissioned Director General of PART Eng.

In response to a letter from the government performance follow-up agency regarding the observations of the outsourced technical team reported by Kuwait University regarding the change order for the intersection of Darwaza Al-Abd Al- Razzaq Tunnel and its construction status, Soha Ashkanani has been suspended from work for one month. In addition, the Central Agency for Public Tenders rejected the request of the Ministry of Public Works to issue a change order with an increase of one million dinars, equivalent to 20 percent, on the value of the practice contract “S, P / I 418” for the maintenance of main roads in Hawally and Capital governorates, concluded with a company, and extending its period by 365 days, starting from January 14, in implementation of the Cabinet’s decision to assign the Ministry of Public Works, along with the Ministry of Finance, the Kuwait Municipality, the Roads Authority and the appropriate authorities, to determine the future vision for the uses of the Darwaza Al-Abdul Razzaq Tunnel and the surrounding area. As a matter of interest, the Municipal Council's Committee for the Preservation of Historical and Heritage Monuments and Urban Development approved the request by the National Council for Culture, Arts and Letters to register the Darwaza Al-Abd Al- Razzaq Tunnel in the National Register of Historic Buildings, with a requirement that the tunnel be maintained regularly.

 
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Drug-pushers target youths using sweets, chocolates laced with drugs

 
 
 

The drug pushers continue to devise novel ideas how to smuggle drugs and this does not end here but their satanic deeds are now targeting the youth of the country, reports Al-Rai daily. The Director of the Criminal Evidences Department at the Ministry of Interior, Major General Eid Al-Owaihan, revealed narcotic substances were detected inside some foodstuffs and children’s sweets and expressed regret that it is present in the markets and called on the customs authorities and concerned authorities to be more vigilant.

Al-Owaihan said these people have not stopped even lacing children’s chocolates and sweets with drugs and it is a fact many children especially the teenagers have become prey of drug-pushers. In this context, the Ministry of the Interior continues its war against drug gangs, and the Director of the Department, Major General Tawheed Al-Kandari, said, “The ministry calls on the parents and teachers to know the truth about the drug and in what form they may be made available to their children and requested that should they discover anything suspicious the hotline of the Ministry of Interior must be contacted.”

 
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No privatization of Kuwait Flour Mills

 
 
 

Minister of Commerce and Industry and Minister of State for Communications and Information Technology Mazen Al-Nahedh affirms that there is no truth to the existence of a tendency to privatize the Kuwait Flour Mills and Bakeries Company, reports Al- Anba daily. In an exclusive press statement, Minister Al-Nahedh said all the information circulating on this issue is totally incorrect, insisting that the privatization of KFMBC is out of the question.

According to informed sources, KFMBC was able to maintain its leadership in the food industry through its constant keenness to develop its factories according to the latest technologies and scientific means, and its commitment to internationally approved quality standards by international accreditation bodies. It also succeeded in obtaining the ISO 22000 certificate for its production facilities that cover all its factories and bakeries.

 
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First meeting of amnesty commission

 
 
 

Special Amnesty commission formed by Amiri Decree 218 for the year 2022, held its first meeting Thursday at Al-Seif Palace, chaired by Deputy Prime Minister and State Minister for Cabinet Affairs Barrak Al- Shiitan.

The Amnesty Commission meeting chaired by Deputy PM and Minister of State in charge of Cabinet Affairs Barrak Al-Shiittan.

Official government spokesperson and head of Center of Government Communications, Tareq Al- Mezrem told the press that members of the committee include General Prosecutor Saad Al-Safran, Interior Ministry Undersecretary Anwar Al-Barjes and number of public prosecution and interior ministry officials. The committee commenced its work with providing lists of sentenced citizens names whose case is applicable to Article One of the decree, emergently.(KUNA)

 
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The Ministry of Education to approve Expats indemnity

 
 
 

The Ministry of Education (MoE) has asked its finance counterpart to approve a financial transfer in order to pay the end-of-service benefits of 271 expatriate employees whose services ended over the past few months, reports Al-Rai daily. An educational source revealed to the daily that the item for end-of-service benefits of non-Kuwaitis under sub-contract is in deficit; indicating that once the transfer procedures are completed, dues will be disbursed to the beneficiaries immediately.

It can be recalled that the end-of-service benefits for non- Kuwaiti employees in previous years were paid through the Civil Service Commission (CSC) – before its budget was transferred to government agencies for each agency to use its general budget for such a disbursement.

 
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