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UN-Habitat, Indian Embassy organize tree-planting event

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KUWAIT: The Embassy of India to Kuwait, in association with the UN-Habitat in Kuwait, organized a tree plantation drive under ‘Plant for Mother’ campaign at Sheikh Sabah Al-Ahmad Nature Reserve, on Saturday. On the sidelines of the event, Indian Ambassador to Kuwait Dr Adarsh Swaika affirmed the community’s continued commitment to environmental stewardship, working hand-in-hand with Kuwaiti partners to build a greener and more sustainable future for generations to come.

He stated that the event aimed to raise environmental awareness and highlight the importance of afforestation, while also planting trees in honor of mothers. He added that the initiative is part of a global campaign launched by Prime Minister Narendra Modi on World Environment Day, which targets the planting of 1.4 billion saplings worldwide to combat climate challenges, protect biodiversity, and promote environmental conservation. Around the world, numerous dignitaries have joined Prime Minister Modi in tree-planting efforts during his international visits, said Swaika.

In addition to this event, the ambassador noted that Indian community in Kuwait has been actively involved in several social initiatives, including beach clean-ups, blood donation drives, and tree planting campaigns, where organizers reaffirmed their commitment to continuing these efforts in partnership with Kuwaiti friends and the broader community.

Head of Mission of the UN Human Settlements Program (UN-Habitat) Dr Amira Al-Hassan stated that the initiative targets planting around 350 shrubs and trees, explaining that a distinguished selection of native trees was chosen which include Rhanterium epapposum, Kuwait’s wild flora; Calligonum comosum, known for its resilience in desert environments; and Vachellia gerrardii, valued for its ability to improve soil quality and provide shade.

She emphasized that this initiative aligns with Kuwait’s national strategy for combating desertification, expanding green cover, and transitioning toward carbon neutrality, which is in line with the UN Sustainable Development Goals—Agenda 2030.

Dr Al-Hassan extended deep gratitude to Sheikha Amthal Al-Ahmad Al-Jaber Al-Sabah, President of the Kuwait Voluntary Work Center, for her unwavering support and instrumental role in the success of this environmental campaign, praising the efforts of the center’s team for promoting environmental awareness and fostering a culture of volunteerism across society.

She added: “Special thanks to the Embassy of India for their fruitful collaboration, and to the Indian community in Kuwait, whose enthusiastic participation reflected the strong cultural and humanitarian ties between the two countries. The event underscored the importance of international cooperation in achieving sustainability goals.”

She noted that the participation of diplomatic missions in the event is a symbolic gesture of solidarity and a testament to the shared global responsibility to address climate change, especially as Kuwait faces rising temperatures, prolonged drought, and declining rainfall.

“Increasing green spaces not only improve air quality and humidity but can also enhance cloud formation. A scientifically supported effect that is not yet widely recognized by the general public,” she said. Governor of Jahra Hamad Jassim Al-Habashi, Head of UN Habitat and IOM in Kuwait, Ambassadors of several countries, friends from media and a cross-section of Indian community in Kuwait joined the initiative of the Embassy by planting local saplings to promote environmental protection and sustainability.

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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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