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Kuwait Fund and UK’s FCDO sign MoUs for humanitarian aid to Sudan, Somalia

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Foreign Minister and Chairman of the Board of Directors of the Kuwait Fund for Arab Economic Development, Abdullah Al-Yahya, and UK Minister of State for Foreign, Commonwealth and Development Affairs, David Lammy, during the signing of the two memoranda of understanding.

KUWAIT CITY, July 6: The Kuwait Fund for Arab Economic Development (KFAED) and the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) have signed two Memorandums of Understanding (MoUs) to provide joint emergency humanitarian assistance to conflict-affected communities in the Republic of Sudan and the Federal Republic of Somalia. The signing ceremony took place at the Ministry of Foreign Affairs in Kuwait.

The MoUs were signed by H.E. Mr. Abdullah Ali Al-Yahya, Arab Economic Minister of Foreign Affairs and Chairman of the Board of Directors of the Kuwait Fund for Arab Economic Development, on behalf of the Kuwait Fund, and by H.E. Mr. David Lammy, Secretary of State for Foreign, Commonwealth and Development Affairs, on behalf of the UK Foreign, Commonwealth & Development Office.

Under this renewed partnership, the Kuwait Fund and the UK FCDO will jointly contribute USD 10 million (USD 5 million from each side) to support UNICEF’s humanitarian operations in Sudan. The grant will help sustain critical services in healthcare, nutrition, water and sanitation, and child protection – ensuring continuity of life-saving interventions for vulnerable populations.

In addition, both parties will provide a further USD 5 million (USD 2.5 million from each) to support a joint project with the International Committee of the Red Cross (ICRC) in Somalia, aimed at restoring essential services in marginalized and conflict-affected areas. Acting Director General of the Kuwait Fund for Arab Economic Development, Mr. Waleed Shamlan Al-Bahar, affirmed that the MoUs reflect the Fund’s commitment to strengthening international partnerships across humanitarian, development, and peacebuilding sectors.

He noted that cooperation with the UK will facilitate knowledge exchange and enable coordinated action to assist the most vulnerable, thereby enhancing the impact of humanitarian efforts in Sudan and Somalia and reinforcing Kuwait’s leadership in global humanitarian response. Commenting on the partnership, Mr. Mamadou Sow, Head of the ICRC’s Regional Delegation to the Gulf Cooperation Council, said: “Today’s partnership with the Kuwait Fund and the UK’s FCDO reflects a united commitment to humanity.

This grant is not just financial support—it’s a clear message that the lives of people in Somalia matter. Together, we are helping restore essential services in communities too often left behind. It’s a testament to Kuwait’s enduring humanitarian leadership and the UK’s steadfast role in advancing global solidarity.” The signed MoUs build on a cooperation framework established in February 2020 between the Kuwait Fund for Arab Economic Development and the United Kingdom’s former Department for International Development, reflecting a sustained commitment to coordinated humanitarian efforts that support refugees, displaced populations, and crisis affected communities worldwide.

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UK / KUWAIT, July 29:    Menzies Aviation, the leading service partner to the world’s airports and airlines, has finali…

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UK / KUWAIT, July 29:    Menzies Aviation, the leading service partner to the world’s airports and airlines, has finali…

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Asian shares mixed as investors focus on US trade talks with China

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A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm on July 29 in Tokyo. (AP)

TOKYO, July 29,  (AP): Asian shares were mixed Tuesday ahead of a second day of trade talks between Chinese and US officials, while US futures and oil prices rose. Japan’s benchmark Nikkei 225 fell 0.8% to 40,674.55 on broad selling of major companies including automakers and big banks. Hong Kong’s Hang Seng dropped 0.6% to 25,398.83, while the Shanghai Composite gained 0.3% to 3,607.41. Analysts said investors were watching for the latest from US President Donald Trump and US trade talks with talks with China in Stockholm.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were meeting in the Swedish capital. “Aside from addressing economic imbalances, tariffs are also now well entrenched in the geo-political arena,” Tan Boon Heng of the Asia & Oceania Treasury Department at Mizuho Bank said in a commentary.

Australia’s S&P/ASX 200 edged 0.1% higher to 8,704.60. South Korea’s Kospi gained 0.3% to 3,230.57. US stock indexes drifted through a quiet Monday after the United States agreed to tax cars and other products coming from the European Union at a 15% rate, lower than Trump had threatened. Many details of the trade deal are still to be worked out, and Wall Street is heading into a week full of potential flashpoints that could shake markets, including an interest rate decision Wednesday by the Federal Reserve.

The widespread expectation on Wall Street is that Fed officials will wait until September to resume cutting interest rates, though a couple of Trump’s appointees could dissent in the vote. The Fed has been on hold with interest rates this year since cutting them several times at the end of 2024. The S&P 500 was nearly flat, edging up by less than 0.1% to 6,389.77 and setting an all-time high for a sixth straight day.

The Dow Jones Industrial Average dipped 0.1% to 44,837.56, while the Nasdaq composite added 0.3% to its own record, closing at 21,178.58. Tesla rose 3% after its CEO, Elon Musk, said it had signed a deal with Samsung Electronics that could be worth more than $16.5 billion to provide computer chips for the electric-vehicle company. Samsung’s stock in South Korea jumped 6.8% on Monday, but only 0.3% on Tuesday.  

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Kuwait Airways starts self-service check-in at T4 terminal

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KUWAIT CITY, July 28: Kuwait Airways announced the launch of a self-service check-in system at Terminal 4 (T4) that allows passengers to complete travel procedures independently, including weighing their luggage and printing boarding passes, reports Al-Seyassah daily. Captain Abdulmohsen Al-Faqan, the Board Chairman of Kuwait Airways, explained that this service enables passengers to weigh their luggage and issue boarding passes without staff intervention, thereby speeding up the process. This step is part of Kuwait Airways’ ongoing efforts to facilitate the check-in process and reduce congestion, especially during the summer travel season.

The company will release an explanatory video to guide passengers on using the new service with ease and convenience. He affirmed Kuwait Airways’ commitment to enhancing the travel experience by meeting passengers’ needs from the moment they enter the terminal, ensuring smooth procedures, boarding, and access to top-quality services. Captain Al-Faqan stressed that Kuwait Airways spares no effort in providing comfort to its customers by pursuing a strategy focused on achieving the highest service standards and expanding its network with new and diverse destinations and services. It is worth highlighting that Kuwait Airways operates a modern fleet consisting of the latest Boeing and Airbus aircraft models, equipped with advanced technologies that meet the highest international aviation standards. The fleet offers state-of-the-art entertainment systems and ergonomically designed seats to ensure maximum passenger comfort. The company also employs a select team of highly qualified technical specialists, according to the highest industry standards

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