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Arab Times
a day ago
- Business
- Arab Times
PM stresses implementation of strategic pacts with China
KUWAIT CITY, June 19: His Highness the Prime Minister, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, on Thursday urged the concerned ministers to follow up on the implementation of the agreements and memoranda of understanding signed between Kuwait and China. This came in a meeting headed by His Highness to follow up on the implementation of agreements and memoranda of understanding signed between the governments of Kuwait and China. The 15th meeting of the committee touched on the latest developments of projects included in the agreements between the governments of the two countries on cooperation in the Mubarak Al-Kabeer Port project, the electrical power system, the development of renewable energy, low-carbon green system for waste recycling, housing development, environmental infrastructure for wastewater treatment plants, and free and economic zones. The meeting also discussed expanding cooperation and strategic partnerships, as well as investment and economic opportunities with China, and accelerating the implementation of these major projects in line with the country's development vision. The Assistant Foreign Minister for Asian Affairs and member and rapporteur of the Ministerial Committee, Ambassador Samih Jawhar Hayat, gave a detailed explanation of the cooperation, consultation and coordination existing between the governments of the two countries. The meeting was attended by Head of the Prime Minister's Diwan Abdulaziz Al-Dakheel, Minister of Public Works Dr. Noura Al-Mashaan, Minister of State for Municipal Affairs and Minister of State for Housing Affairs Abdullatif Al-Mishari, Minister of Electricity, Water and Renewable Energy Dr. Subaih Al- Mukhaizeem, Director General of the Kuwait Direct Investment Promotion Authority Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah, Head of the Fatwa and Legislation Department Counselor Salah Al-Majed, Assistant Foreign Minister for Asian Affairs, and member and rapporteur of the Ministerial Committee Ambassador Samih Jawhar Hayat. (KUNA)
Saba Yemen
2 days ago
- Politics
- Saba Yemen
Ibb Water & Electricity Sectors mark Day of al-Wilayah
Ibb – Saba: Ibb's Water Resources, Rural Water, Electricity, and Local Water & Sanitation branches held on Wednesday a speech event to mark the Day of al-Wilayah. Ibb undersecretary Qasim al-Masawa emphasized Imam Ali's al-Wilayah as a divine extension, protecting the nation from its enemies. Speakers stressed that returning to this path ends dependence and humiliation, highlighting how Yemen's adherence enables it to confront the US and Israel and support Gaza. Whatsapp Telegram Email Print more of (Local)
Saba Yemen
7 days ago
- Politics
- Saba Yemen
Taiz Military Hospital commemorates al-Wilayah
Taiz – Saba: The General Military Hospital in Taiz governorate organized an event celebration to commemorate the Day of al-Wilayah 1446 AH, under the slogan "And support those who support him." The event, attended by Minister of Electricity, Energy, and Water Dr. Ali Saif, Acting Governor Ahmed Al-Masawi, Assistant Commander Brigadier General Nour Al-Din Al-Marani, and Hospital Director Dr. Mohammed Al-Ezzi, emphasized the importance of commemorating this occasion to consolidate faith, Quranic culture, and steadfastness against the nation's enemies. Speeches highlighted the significance of Imam Ali's Wilayah as a lifelong project, urging attendees to strengthen their connection to his approach and emulate his methodology, drawing lessons in sincere and earnest support to overcome global tyrants. Whatsapp Telegram Email Print
Hans India
11-06-2025
- Business
- Hans India
Take steps for development work in forest areas: Collector Abhilasha
Khanapur: Nirmal district Collector Abhilasha Abhinav has ordered that the officials of the relevant departments should work together in coordination to undertake development works in the forest areas of the district. The Collector held a review meeting with officials of the Revenue, Forest, Electricity, R&B, Panchayat Raj and Irrigation departments at the Collectorate on Tuesday. She suggested that the departments should send proposals to the Forest department for the construction of infrastructure like roads, bridges and electricity in remote tribal and forest areas. He said that prior permission should be obtained from the Forest department for development work and that each department should prepare an action plan in coordination with each other. He clearly told the officials that permission should be obtained through the Parivesh portal for the establishment of power lines. She wanted steps to be taken to ensure that the development programs undertaken are completed quickly. The Collector suggested that the Forest department should send the necessary guidelines to other departments quickly. Additional Collector Kishore Kumar, District Forest Officer Nagini Bhanu, RDO Ratnakalyan, officials from the relevant departments of Engineering, Revenue, Electricity, and others participated in this meeting.
Yahoo
05-06-2025
- Business
- Yahoo
Kuwait Construction Industry Report 2025: Output to Record an AAGR of 5.1% During 2026-2029, Driven by Investments in Renewable Energy, Transport, and Oil and Gas Projects
Discover Kuwait's construction growth prospects: With a 4.5% real growth expected in 2025, fueled by government investments in infrastructure and oil & gas sectors, the market is set to expand. By 2029, the industry's annual growth rate is expected to average 5.1%, driven by renewable energy and infrastructure projects. Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Kuwait Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to construction industry to grow by 4.5% in real terms in 2025, supported by government investment in the oil and gas sector to boost production and investment in the infrastructure sector. In the short term, growth will be boosted by planned expenditure under the Fiscal Year (FY) 2025-26 Budget (1st April 2025 to 31st March 2026), which was approved in March 2025. The budget earmarked capital expenditure of KWD1.8 billion ($5.9 billion) and outlined investments in infrastructure and energy with a total allocation of KWD1.5 billion ($4.9 billion) for the construction and maintenance of several projects. The government has allocated substantial funds for key initiatives. Additionally, in March 2025, the government issued a new law setting the public debt ceiling at KWD30 billion ($97.6 billion), aligning with the Vision 2035 program. The program aims to transform the country into a financial and commercial hub by 2035. This vision focuses on diversifying the development of the economy focusing on oil and gas, infrastructure and improving social construction industry in Kuwait is expected to record an annual average growth rate of 5.1% between 2026 to 2029, supported by investments in renewable energy, transport, and oil and gas projects, coupled with government's plan to increase the share of renewable generation to 30% by 2030 and 50% by 2050, compared to 0.6% in 2023 and achieve carbon neutrality by 2060. In 2024, the Minister of Electricity, Water and Renewable Energy approved Kuwait Strategy for Energy and Renewable Energy Projects 2030-2050. In the Strategy, Kuwait is targeting for a combined renewable energy generation capacity of 22.1GW by 2030, of as part of its comprehensive 20-year strategy concluding in 2050. Kuwait is committed to attain carbon neutrality by 2060. Scope Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Kuwait, featuring details of key growth drivers. Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. Listings of major projects, in addition to details of leading contractors and consultants Reasons to Buy Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies Assess market growth potential at a micro-level with over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using the analyst's critical and actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors Key Topics Covered: 1 Executive Summary2 Construction Industry: At-a-Glance3 Context3.1 Economic Performance3.2 Political Environment and Policy3.3 Demographics3.4 Risk Profile4 Construction Outlook4.1 All Construction Outlook Latest news and developments Construction Projects Momentum Index 4.2 Commercial Construction Outlook Project analytics Latest news and developments 4.3 Industrial Construction Outlook Project analytics Latest news and developments 4.4 Infrastructure Construction Outlook Project analytics Latest news and developments 4.5 Energy and Utilities Construction Outlook Project analytics Latest news and developments 4.6 Institutional Construction Outlook Project analytics Latest news and developments 4.7 Residential Construction Outlook Project analytics Latest news and developments 5 Key Industry Participants5.1 Contractors5.2 Consultants6 Construction Market Data7 AppendixFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
