We anticipate Kuwait's large government and external net asset positions will continue to afford the authorities space to gradually consolidate government finances without weighing on growth.
We are therefore affirming our 'AA/A-1+' long- and short-term foreign and local currency sovereign credit ratings on Kuwait.
The stable outlook reflects our expectation that Kuwait's public and external balance sheets--backed by sizeable financial assets--will remain strong over the forecast horizon, offsetting risks related to lower oil prices, Kuwait's undiversified oil economy, its relatively nascent parliamentary system, and regional geopolitical tensions.
On Aug. 4, 2017, S&P Global Ratings affirmed its 'AA/A-1+' long- and short-term foreign and local currency sovereign ......read more
Kuwait City, Kuwait, 07 May 2017: Kuwait won three GCC awards at the recently concluded 2017 MEED Quality Awards for Projects, the region’s premier recognition programme for completed projects in the Gulf region.
Shamal Az Zour Al Oula’s Az-Zour North One Power and Water Plant Project won the GCC Power Project of the Year as well as the GCC Mega Project of the Year awards, while AGi architects’ Three Gardens Project received the GCC Residential Project of the Year award.
The triple-award was an improvement from last year’s performance for Kuwait in the regional awards programme when it won one trophy, and is testament to the country’s robust projects industry. According to the MEED Insight GCC Construction Outlook 2017 report, Kuwait had one of the strongest construction markets in the ......read more
Created in collaboration with Microsoft, the Font harmoniously and fully integrates Arabic and Latin texts
Hamdan bin Mohammed: Dubai Font combines the authenticity of the past and the aspirations of the future
The Dubai Font is the first Microsoft font created by a city and named after it
The font can be accessed globally by more than 100 million users across the world through Microsoft Office 365
Dubai Font, designed for 23 languages, enables everyone to express and communicate
Latin typeface is a bouquet of fonts which includes multiple languages
Government of Dubai Media Office – May 1, 2017: Crown Prince of Dubai and Chairman of the Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has launched the Dubai Font– Microsoft’s first font to be ......read more
Minister of Education honours ARC participants and winners
Kuwait: 18 April, 2017
Arab Reading Challenge (ARC) participants were honoured at a ceremony held under the patronage of the Minister of Education His Excellency Dr. Mohammad Abdulatif Al-Fares and ARC Secretary General Najla Al Shamsi at the Kuwait National Library.
His Excellency honoured Taima Abdullah Al Omari, the Kuwait ARC champion who is in the 11th grade at Al Ratqa High School, and Dr. Mubarak Raja Al Otaibi, the winner of the distinguished supervisor award for the state.
His Excellency stated, “We are proud of our schools and students, who made excellent progress at the second round of the Arab Reading Challenge. We congratulate Taima Al Omari and Dr. Mubarak Al Otaibi, and wish them success as they enter the fourth and final stage of the challenge on ......read more
Dubai, UAE, November 19, 2016: #Against_hunger, the enduring campaign by Fatafeat and beIN, is receiving overwhelming appreciation and participation from the masses to help thousands of unprivileged people in the Arab world. The inspiring ongoing campaign #against_hunger aims to create awareness in the Arab world regarding the alarming situation of people suffering from hunger and poverty. Fatafeat and beIN donated meals among needy families in Sudan, Egypt, Lebanon and Syrian refugees and set to reach other penurious areas.
During this journey, Fatafeat had the opportunity to meet with unprivileged and poor families in Egypt and Lebanon, to share their messages and stories of grief with the world. These stories will be shared through Fatafeat platforms and will help the world connect with the deprived people in the Arab ......read more
Tribecog announced today the launch of their compact food collection units in answer to the growing problem of food waste in hotels and restaurants.
It is an area of concern that is very topical as food waste is just an important issue as food security and according to a study by the United Nations 32.7% of food produced globally is wasted each year.
Even in the best-run kitchens there will be some food waste and although the priority is to reduce how much food is wasted in the property considering how best to dispose of unavoidable waste has always been a problem.
The Tribecog platform allows for an installation of an intelligent food collection unit that reduces the volume of the food waste by up to a factor of ten and at the same time de-odourises, de-vermins and de-noises the waste process. The container is then emptied ......read more
The Arab Women Parliamentarians for Equality “Ra’edat” Forum 2016
Women parliamentarians from the Arab States region unite to make a difference for sustainable development. While the Arab States region is at a crucial point of transition in history, gender equality and inclusion must be on the top of the region’s priorities.
Dubai, UAE, February 9, 2016: Over 150 women parliamentarians and international organizations representatives from twenty countries gather in a regional forum in Rabat (Morocco) on 9 and 10 February, 2016 to discuss a unified agenda towards a more gender-responsive policy in the region and the inclusion of women in politics. The Forum is organized by the Arab Women Parliamentarians Network for Equality “Ra’edat”, in Arabic (Pioneers), the European Union and UN ......read more
Mazola’s helping hand has reached more than 5,000 Syrian refugee families.
The refugee and displacement problem is one of the most complex humanitarian issues facing the Middle East today. With more than four million Syrians fleeing their home country and seeking refuge in neighbouring Middle Eastern countries it is obvious that this is one of the largest refugee evacuations in recent history.
In response to the growing refugee humanitarian crisis, Mazola has stepped up their response to support the Syrian refugees. Joining efforts with the Jordan Hashemite Charity Organization (JHCO) which operates under Royal guidance and George and Sami Khoury & Co (GSK) their distributors in Jordan, Mazola has donated Mazola food products and blankets amongst the needy, throughout sites in Jordan. The food and blanket supply has ......read more
Averda consolidates leading regional positon with 5 year agreement
Dubai, 15 December 2015: Leading waste management provider, averda, has added the Kingdom of Bahrain to their growing list of partners in the GCC following an international tender which averda won on technical and financial merit. In a 5 year contract signed in Bahrain on the 8th of December with the Ministry of Works, Municipalities and Urban Planning, averda will deliver a range of waste management and sustainable solutions using proven systems and technology tailored to the kingdom’s specific needs.
The partnership is timely as environmental issues in the GCC are becoming ever more important, with member states now seeking sustainable solutions using proven methods and technology to safeguard the environment for future generations. The ......read more
Region's most important communications event to showcase new advancements in TETRA technologies, simplifying the move to LTE
Exciting two-day show complements UAE's celebration of 2015 as the 'Year of Innovation'
Dubai, October 6, 2015- H.E. Lieutenant General Dhahi Khalfan Tamim, Deputy Chairman of Dubai Police and General Security, led the opening ceremony of the third edition of the annual Critical Communications Middle, the region’s most essential East Conference and Expo in critical communications, which will run from today (October 6, 2015) to October 7, 2015 at the Jumeirah Beach Hotel in Dubai. The event is expected to be attended by more than a thousand communication experts, thought leaders and professionals and will serve as a strategic platform to showcase the latest communication ......read more
• Forbes Middle East has unveiled 3 new lists celebrating the successes of Arab women – The 100 Most Powerful Arab Business Women; The World’s 10 Most Powerful Arab Women and The 10 Most Powerful Arab Women in Government
• Lubna Al Olayan leads the 100 Most Powerful Businesswomen list
• Sheikha Lubna Al Qasimi ranks first in the government sector
• The Kuwaiti women prove their effectiveness by occupying 12 places, and Saudi Arabia leads with 6 positions
• Nemat Shafik leads the Arab women globally
• Egypt has the most number of entries in total at 22, followed by the UAE and Lebanon at 17
• Top 40 women leaders are from the Investment and Financial Services and Diversified sectors
• 15 women are working in the banking sector and 6 ......read more
UAE - Dubai, 19 September 2015: Today, UAE mourns the death of Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, the eldest son of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE.
Sheikh Rashid died of a heart attack on Saturday, September 19, 2015.
Sheikh Rashid, will leave a special place in people’s hearts. He was a known football fan and owner of Zabeel Racing International. He was a very prominent sports enthusiast who had joined several international and local competitions; has wowed many of his followers and made the country proud by winning 2 Gold medals in the 2006 Doha Asian Olympics and many other sporting contests.
Everyone was saddened by this loss and has been offering prayers and condolences.
The Dubai ruler’s court has declared a three-day ......read more
Tennis showed its most charitable side during the classic tennis tour at the Barcelona Royal Polo Club
Zenith was situated in a marquee on the central tennis court at the Barcelona Royal Polo Club, where they wholeheartedly lent their support to the Foundation established by former French footballer, Eric Abidal.
The Swiss watch brand helped raise funds for the Eric Abidal Foundation and its projects that are aimed at improving the lives of children and teenagers fighting cancer on a daily basis.
Zenith’s presence did not just last throughout the weekend during the matches and tournament, but it also extended its support and involvement in the gala dinner held at the Fairmont hotel. For the event, the brand donated two watches for the fundraising tombola that was drawn during the dinner on Sunday evening in the gardens of ......read more
Kuwait, July, 2015 – On the occasion of the Holy month of Ramadan, as part of the hotel’s Corporate Social Responsibility initiatives, Rose Rayhaan by Rotana, a flagship property of Rotana, previously certified as the world’s tallest hotel by Guinness Book of World Records along with Al Manshar Rotana Kuwait, the only five star Rotana property in Kuwait, and WSP l Parsons Brinckerhoff, a leading professional services firms with 31,000 employees based in more than 500 offices, across 39 countries organized the charity campaign for construction workers in Middle East.
Nearly 500 packages containing food and basic hygiene items were prepared and distributed in several employee accommodations of local construction companies in Al Quoz Industrial area and in Kuwait.
Commenting on the project, Karim Nahas, the General ......read more
New road safety training from International SOS for business travellers aims to increase awareness
Dubai – 5 July 2015 – Road accidents are a major hazard for UAE-based business travellers in the region, according to the world’s leading medical and travel security risk services company International SOS, and one of the top five causes of medical evacuations led by International SOS globally.
UAE-based executives are travelling increasingly widely in the Middle East and Africa, International SOS research has found. Many of the countries they visit rank poorly for road safety, with some recording amongst the highest rates of road accidents in the world.
In an effort to help organisations manage this risk for their travelling workforces, International SOS and its joint venture partner Control Risks are ......read more
Proceeds from the activity donated to Bait-Al-Khair in UAE towards their Orphan Fund Project and to be used to support vulnerable children in Malawi as well as around the world, in alignment with the company’s global efforts.
Roche Children’s Walk 2015 received combined support from the company’s employees in UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Lebanon, Iraq, Iran (joining for the first time) and Pakistan; who organized various fund raising activities internally to raise donations
A global initiative which saw its 12th anniversary this year, Roche employees from 131 company sites across the world, used 24 hours to change a child’s future
Dubai, United Arab Emirates, 30 June, 2015: To support the cause of changing a child’s future, Roche Children’s Walk 2015 saw employees from the ......read more
Digital campaign goes viral in aid to raise awareness on initiatives local communities can support to make a difference
Dubai, UAE, 30 June 2015 – CAREEM, MENA’s leading app for booking private, chauffeur-driven cars has launched a regional Ramadan CSR campaign across the 18 cities it operates in, actively involving all its employees and avid consumers to support their local communities to make a difference. The campaign, ‘Be CAREEM’, was launched through a captivating video on social media today and will target the region stretching from Morocco to Pakistan, in an attempt to raise awareness of various initiatives its respective communities can support and participate in for the betterment of its people.
“Our business is to connect people,” said Mudassir Sheikha, CAREEM’s co-founder and ......read more
Give back this Ramadan by sharing your unique view on the Holy Month
Dubai, UAE, 30 June 2015: HTC announced its Ramadan campaign, #HTCramadan, which will give winners the opportunity to benefit Habitat for Humanity, an international charity organisation, and win an HTC One M9 just by participating. From the start of Ramadan on June 18 until Eid, HTC invites social media users throughout the Middle East to share images and posts in English, Farsi or Arabic to illustrate one of the themes each week; Family, Time to Pray, Ramadan in my City, and Eid Celebrations.
Participants can submit their entries for the theme of Family between June18 and 24; Time to Pray from June 25 to July 1; Ramadan in My City from July 2 to 8; and Eid Celebrations from July 9 to 15. Each week brings a new theme for participants to engage with, thus ......read more
June 23, 2015 - The UAE Ministry of Environment and Water has called upon all individuals, institutions and companies working in the environment and wildlife sector to participate in the Gulf Cooperation Council Award for the Environment and Wildlife. The award aims to encourage individual and collective initiatives undertaken to preserve the environment and wildlife, inspiring innovation and creativity to contribute towards sustainable development while raising awareness among GCC countries.
The Cooperation Council for the Arab States of the Gulf - Secretariat General has announced the launch of Gulf Cooperation Council Award for the Environment and Wildlife 2015. The award seeks to play an effective role in the preservation of the environment and conservation of natural resources and at the same time stimulate Gulf society to foster ......read more
Ramadan campaign approved by Scholarly Fatwa Committee
Sharjah, June 22, 2015: Celebrating the month of giving this Ramadan, Friends of Cancer Patients (FoCP) has launched the third edition of its "I deserve a life” Zakat Campaign in order to provide treatment and care for cancer patients who cannot afford it themselves. FoCP, the region’s leading cancer specific charity, will use Zakat money paid by individuals and organizations to cover treatment costs of cancer patients in the UAE.
The Permanent Fatwa Committee in Sharjah has approved the campaign which means that the Zakat fund can be spent on patients’ treatment, provided they are unable to afford it themselves. Therefore, FoCP has been given the go ahead to collect Zakat funds in order to support its campaigns to treat several types of cancer, including ......read more
Big Heart Foundation mark World Refugee Day with $500,000 for vulnerable female refugees
“With nearly 51 million refugees the situation is reaching humanitarian crisis levels,” Her Highness Sheikha Jawaher
Sharjah, 20 June 2015: Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah, UNHCR Eminent Advocate for Refugee Children, has called for immediate international action to help the rising numbers of refugees fleeing war and arriving in neighboring countries, homeless and hopeless.
Her Highness Sheikha Jawaher Al Qasimi said, “The real crisis in a war continues long after the fighting stops with families torn apart and people left stateless, homeless, and without hope. If the international community does not come together and take action on the world’s refugee ......read more
UK announces world's largest single marine reserve
Following 2012 National Geographic Prisitne Seas Expedition
Davidoff Cool Water is proud to share that following the 2012 National Geographic Pristine Seas expedition funded with their support, British Prime Minister David Cameron announced the creation of the world’s largest contiguous ocean reserve, setting aside 322,000 square miles (830,000 square kilometers) around the remote Pitcairn Islands in the South Pacific for special protection.
Home to at least 1,249 species of marine mammals, seabirds and fish, the new reserve protects some of the most near-pristine ocean habitat on Earth. National Geographic Pristine Seas expedition to the area in March 2012 revealed a vibrant ecosystem that includes the world’s deepest-known living plant, a species of ......read more
June 10, 2015 - H.E. Dr. Rashid Ahmed Bin Fahad, Minister of Environment and Water, headed the UAE delegation to a milestone global conference tackling the implementation of the International Decade for Action-‘Water for Life 2005-2015,’ held on June 9 to 10, 2015 in Dushanbe, Republic of Tajikistan. The participation of the UAE in the conference reflects the country’s strong commitment to take on a more active role in regional and international efforts towards developing sustainable solutions to environmental issues, especially in countries experiencing water shortage. The UAE remains steadfast its efforts to meet its vision for establishing sustainability in the country and beyond.
Minister Bin Fahad mentioned that although the world has seen remarkable improvement in the past decade as a result of the green ......read more
UAE, June 03, 2015 - Participants of the 6th Green Economy Annual Conference, organized recently by the UAE Ministry of Environment and Water in collaboration with the United Nations Environmental Program Finance Initiative (UNEP FI), have recommended a formation of an Operations and Communications Group. The group will include the Central Bank of the UAE, Ministry of Environment and Water, and UNEP FI and will lead in the undertaking of a number of measures such as implementation of the Green Economy within the framework of the UAE’s Green Growth Strategy and encouraging investment, banking and economic sectors to transform to a sustainable Green Economy.
The recommendation reflects the successful development and implementation of the strategies and policies in line with the UAE’s Green Growth Strategy, allowing the ......read more
HH Sheikh Ahmed bin Saeed Al Maktoum and HH Sheikh Juma bin Maktoum bin Juma Al Maktoum do the honors
Rashid Centre for Disabled celebrated Rashid Cultural Season, the centre’s best annual event this year in a grand way with aplomb and enthusiasm at Jumeirah Beach Hotel in Dubai. Cultural Season celebrated the release of ‘Glimpses of Mohammed bin Rashid Al Maktoum Tweets’ – the much awaited book containing the humanitarian tweets of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President, Prime Minister and Ruler of Dubai.
Glimpses of Mohammed bin Rashid Al Maktoum Tweets is published in several different languages and also contains photographs of paintings of His Highness’s tweets which were transformed into art by artists who participated in Rashid’s Dubai International Art ......read more
Team from UAE, Oman, Saudi Arabia and Kuwait are taking part in this initiative to help the cause of 65 million people suffering from this challenge around the globe, it is the 4th most common neurological condition
Dubai, UAE, May 9th, 2017: Epilepsy warrior and adventure enthusiast, Medina Ilyassova, will lead a group of 12 people to Tanzania on a ‘Wild Lion Expedition’. In ......read more
Analysts Examine Key Industry At Gartner Symposium/ITxpo 2015 May 19-21, Dubai
Dubai, 21 May, 2015 - Governments in the Middle East and North Africa will spend US $11.97 billion on IT products and services in 2015, an increase of 0.4 percent over 2014 spending of US $11.92 billion, according to Gartner, Inc. This forecast includes spending on internal services, software, IT services, data ......read more
Nearly half a million dollars was donated to seven projects
CHIME FOR CHANGE, the innovative global campaign founded by Gucci, promotes Education, Health and Justice for girls and women around the
In 2014 - its first year of partnership with CHIME FOR CHANGE – Gucci Parfums exceeded its $1 million donation goal, transforming girls’ and
women’s lives ......read more
Study reveals changing views on political speech, social media use, news credibility; places attitudes and behaviors of Arab countries in global context
Comfort expressing political opinions drops, especially in post-revolutionary countries Egypt (10 percentage point drop since 2013) and Tunisia (11 percentage point drop in same period).
Trust in national media rose from 44% to 50% since ......read more
UAE, 23 March, 2015 - Dubai Courts has revealed that its Dubai Courts Smart Application, the world’s first of its kind judicial based smart services app, has been awarded the ‘Smart Government Shield Award’ at the UAE level category of the 6th Smart Government Competition held in Kuwait. The award was received by Abdulrahim Ahmad Almudhareb, Director – IT Department, Dubai ......read more
UAE, March 2, 2015 – Under the patronage of H. H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, H.E. Dr. Rashid Ahmed Bin Fahed, Minister of Environment and Water, opened today (Monday, March 2, 2015) the ‘Gulf Forum to Enhance Food Security and Support Small and Medium Scale Farmers’ at the Fairmont Bab Al Bahr Hotel in Abu ......read more
• 76 contestants from 8 sectors to compete in final stage
• Huge response from UAE university students with 96 entries; 5 qualify to final stage
Dubai, February 2, 2015: As many as 76 contestants have qualified to the final round of the second Best m-Government Service Award, out of 411 entries received from local, Arab and international participants as well as ......read more
Al-Rais: “Family Village project brings hope for a better future for orphans and under-privileged children in Dubai”
Dubai-UAE: March 24, 2014 - Awqaf and Minors’ Affairs Foundation (AMAF) participated in the second Minors’ Care Conference, which was held under the title "Make their issues your own - they are your brothers" in the presence of His Excellency Dr ......read more
• Al Mansouri: Exhibitions sector in GCC and the UAE supports sustainable development
• Al Shehhi: Sector represents ideal platform to display and competitiveness of GCC-made products
Dubai-UAE: 13 March 2014 - His Excellency Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, Undersecretary, UAE Ministry of Economy, today officially launched the website for the 15th GCC Joint ......read more