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Zionists vow to hit ‘everywhere’ in Lebanon

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BEIRUT: Zionist entity said it will strike anywhere in Lebanon it sees a threat, after rocket fire prompted it to bomb Beirut for the first time during the fragile four-month-old truce with Hezbollah. Lebanese Prime Minister Nawaf Salam described the strike on Beirut’s southern suburbs as “a dangerous escalation” and French President Emmanuel Macron called it an “unacceptable” truce violation. The health ministry reported no casualties from the Beirut attack but said Zionist airstrikes in the south killed five people.

It was the second time rockets had been launched at Zionist entity from Lebanon since the November ceasefire – the first was last Saturday – and the second time Hezbollah denied involvement. “The equation has changed,” Prime Minister Benjamin Netanyahu said in a statement. “We will continue to enforce the ceasefire with force, strike everywhere in Lebanon against any threat to the State of Zionist entity.” Zionists have continued to carry out often-deadly air raids in southern and eastern Lebanon since the ceasefire, striking what it says are Hezbollah military targets that violated the agreement.

But Friday’s was the first in the capital’s southern suburbs since the ceasefire. It came after the military warned residents to “immediately evacuate” the area. It said the attack targeted a “site used to store UAVs by Hezbollah’s Aerial Unit (127) in the area of Dahieh, a key Hezbollah terrorist stronghold”. Zionists heavily bombed the area during its war with the group last year.

At a joint press conference with Macron in Paris, Lebanese President Joseph Aoun said an investigation will have to be conducted but all indications are “Hezbollah is not responsible” for the latest rocket fire. An AFP photographer at the scene said the Zionist airstrike completely destroyed the targeted building. Black smoke rose into the sky and fire burned in the rubble. Lebanon’s state-run National News Agency said Zionists also bombarded around a dozen areas of the south, killing three people in Kfar Tebnit near Nabatieh and two in nearby Yohmor.

‘Very afraid’

Zionist warning sparked panic in the densely populated southern suburbs of Beirut, AFP correspondents reported. “We’re very afraid the war will return,” said Mohammed, 55, a taxi driver rushing to pick up his daughter from school and leave the area. The military said two “projectiles” were fired towards Zionist entity, with one intercepted and the other falling inside Lebanon.

Hezbollah said it “confirms the party’s respect for the ceasefire agreement and denies any involvement in the rockets launched today from the south of Lebanon”.

Under the terms of the ceasefire, Zionist entity was due to complete its troop withdrawal from Lebanon by February 18 after missing a January deadline, but it has kept soldiers in five places it deems “strategic”. The agreement also required Hezbollah to pull its forces north of the Litani River, about 30 kilometres (20 miles) from the border, and dismantle any remaining military infrastructure in the south. The Lebanese army deployed as the Zionist army pulled back.

Salam urged his army chief “to act quickly to… uncover those behind the irresponsible rocket fire that threatens Lebanon’s stability” and arrest them. His office said he had contacted foreign officials including the US deputy special envoy for the Middle East, Morgan Ortagus. The United States chairs a committee which also includes France and is tasked with overseeing the truce.

The Lebanese army said it identified the site of the rocket launch, just north of the Litani River.

UN fears

At the press conference in Paris, Macron said he would be discussing the Zionist attack with US President Donald Trump and then with Netanyahu. “There is no activity that justifies such strikes,” Macron said. But the Trump administration again defended Zionists, blaming the Lebanese government for not doing more to disarm Hezbollah. “As part of the cessation of hostilities agreement, the government of Lebanon is responsible for disarming Hezbollah, and we expect the Lebanese armed forces to disarm these terrorists to prevent further hostilities,” State Department spokeswoman Tammy Bruce said.

Iran described the “excuses” put forward to justify Zionist attack on Beirut as “completely unjustified and baseless”. Foreign ministry spokesman Esmaeil Baqaei called for “decisive measures” from the international community to address the “lawlessness” of Zionist continual use of military force from Gaza to Syria and Lebanon. UN special envoy for Lebanon Jeanine Hennis-Plasschaert called the cross-border exchange of fire “deeply concerning”. She urged restraint by all sides and said a return to wider conflict “must be avoided at all costs”.- AFP

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Kuwait plans to borrow KD 3-6bn

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KUWAIT: Kuwait plans to return to the global debt market this year and is expected to borrow between KD 3 to 6 billion during the current 2025/2026 fiscal year to finance development projects, a finance ministry official said on Monday. Director of Public Debt at the Finance Ministry Faisal Al-Muzaini said during a presentation of the new debt law that the funds will be borrowed from global and domestic markets to fund a number of development projects.

Kuwait issued a new debt law in March, putting a ceiling of KD 30 billion on public debt and maturity at 50 years. It will be the first time Kuwait returns to borrowing since 2017. Al-Muzaini however said the ratio of debt to gross domestic product (GDP) in Kuwait is minuscule at just 2.9 percent, whereas it is 60 to 70 percent in many countries. He said that the 2025-2030 five-year strategic borrowing plan will be determined by oil prices, global markets and risks associated with borrowing.

Al-Muzaini described the public debt law as one of the most important reform measures in the history of public finances for Kuwait. “This law sends a strong message of fiscal discipline and credibility to global markets. It is expected to contribute to enhancing Kuwait’s credit profile, drawing wider investor interest and advancing the country’s transition toward a diversified economy.”

Finance Ministry Undersecretary Aseel Al-Munaifi said the new debt law will stimulate the economic environment and promote foreign investments into Kuwait, besides accelerating economic growth and strengthening the banking system in Kuwait.

“The law will support the restructuring of government financing, reduce borrowing costs and strengthen Kuwait’s credit rating,” she said. “It reflects positively on the state’s borrowing capabilities under competitive conditions and helps build up financial reserves to meet commitments amid evolving economic circumstances.”

Al-Munaifi said a law regulating the issuance of sukuk, or Islamic bonds, is expected to be issued soon as it is being reviewed by authorities at the Council of Ministers. The debt law also allows the issuance of financial instruments and establishes a long-term legal framework for public borrowing.

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Ministry launches road maintenance in Saad Al-Abdullah

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KUWAIT: Minister of Public Works Dr Noura Al-Meshaan announced the commencement of comprehensive road maintenance works in Saad Al-Abdullah City, as part of a series of new contracts focused on upgrading highways and internal roads across the country. In a press statement issued Tuesday, Dr Al-Meshaan said the initiative falls within the framework of 18 major projects aimed at rehabilitating the nation’s road network.

These projects cover various regions, including all six governorates, and are designed to enhance road quality and improve safety standards for all users. The minister affirmed the government’s commitment to infrastructure development, emphasizing that the ongoing efforts are a key component of a broader strategy to modernize public services and ensure sustainable urban growth. — KUNA

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Amir receives credentials of five new ambassadors

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KUWAIT: His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah received on Monday the credentials of Pakistan’s Dr Zafar Iqbal, Cyprus’ Andreas Panayiotou, El Salvador’s Juan Carlos Stuben Poillat, Armenia’s Arsen Alexander Arakelian and Sri Lanka’s Lakshitha Pradeep Ratnayake, who were appointed as their new ambassadors to Kuwait. The ceremony was attended by senior state officials. — KUNA

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