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Kuwait targets financial crimes | Kuwait Times Newspaper

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MoI and customs, CMA and FIU sign MoUs to combat money laundering, terror financing

KUWAIT: The interior ministry’s department for combating money laundering and terrorism funding and the customs department on Sunday signed a memorandum of understanding to enhance cooperation in fighting financial crimes, the customs department said. The accord aims to strengthen mutual cooperation and the exchange of information in accordance with international standards set by the UN Financial Action Task Force (FATF).

The customs department said in a statement that the MoU comes within the framework of boosting collaboration between state establishments in fighting money laundering and terrorism financing. It also aims at intensifying regulatory procedures to support the national system in reducing financial crimes and boost Kuwait’s commitment to relevant international standards, the statement added.

Separately, the Capital Markets Authority (CMA) also signed an MoU on Sunday with the Financial Intelligence Unit (FIU) regarding cooperation and exchange of information in the field of combating money laundering, related predicate offenses and terrorism financing. The agreement aims to establish a framework for collaboration and coordination between the two entities in this domain.

In a press release, the CMA stated that the MoU covers several aspects, including the scope of information that the FIU may provide to the CMA and vice versa. It also outlines the mechanism for exchanging information between the two parties and defines the scope of use for the shared information, ensuring full adherence to confidentiality standards.

The memorandum also specifies areas of cooperation, which include holding regular meetings to strengthen joint efforts, coordinating preventive and control measures, exchanging information and expertise, preparing training programs and development plans for personnel of both entities and participating in each other’s training sessions related to

Last month, the Kuwaiti government issued a new law that enhances the country’s legal framework in combating money laundering and terrorism financing. The legislation made two key amendments to a 2013 law on fighting money laundering and financing of terrorism to allow the Cabinet to issue decisions to implement resolutions passed by the UN Security Council regarding financing terrorism and freezing assets, and to impose hefty fines on violators.

In a June 3 report, FATF said Kuwait has solid legislation to impose financial penalties against terrorist financing and the spread of weapons of mass destruction. However, gaps in the legal system make it hard to freeze assets of these activities effectively, FATF said.

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Kuwait Acting PM receives Antigua and Barbuda’s Foreign Minister

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 KUWAIT:  Kuwait’s Acting Prime Minister Sheikh Fahad Yusuf Al-Sabah, received on Wednesday at Bayan Palace, in the presence of Foreign Minister Abdullah Al-Yahya, Antigua and Barbuda’s Minister of Foreign Affairs, Trade, and Barbuda Affairs Everly Paul Chett Green, along with his accompanying delegation, on the occasion of his visit to the country.

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During the meeting, the two sides reviewed bilateral relations between the two countries and ways to strengthen them, in addition to exchanging views on issues of mutual interest. — KUNA

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Sept 4 declared holiday for Prophet’s birthday

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KUWAIT: The Cabinet on Tuesday announced that work in all ministries, government agencies, public institutions, and affiliated bodies will be suspended on Thursday, September 4, 2025, in observance of the Prophet’s (PBUH) Birthday (1447 AH).

The decision was made during the Cabinet’s weekly meeting, chaired by Acting Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef Al-Sabah. Official duties will resume on Sunday, September 7. The Cabinet noted that entities with special operational schedules will determine their working hours in coordination with the relevant authorities. — KUNA 

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Expert urges caution as rising humidity triggers respiratory issues

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KUWAIT: As Kuwait experiences a combination of humid and dusty weather, a health expert warns that these conditions can significantly worsen respiratory illnesses such as asthma and allergies. Northern winds often bring dust storms typical of Kuwait’s desert environment, while rising humidity levels add another layer of challenge for vulnerable individuals.

“Humid air is heavy on the respiratory system because it’s saturated with water, making breathing more difficult,” Dr Abdullah Al-Mutairi, a consultant in respiratory diseases and intensive care, told KTV news channel. When moisture fills the air, tiny particles that usually settle on the ground become airborne, aggravating symptoms for allergy sufferers. Dust also plays a major role in triggering breathing problems, he explained.

“The current weather is humid and hot, which irritates the respiratory system, especially for those with allergies or asthma,” said Dr Al-Mutairi. “People should monitor air quality and avoid going outside when it’s poor. Staying indoors in air-conditioned, enclosed spaces is much safer for them.”

People living with asthma and allergies shared their coping strategies with KTV, emphasizing the importance of staying indoors and carrying necessary medications. “If you must go out, wear a mask and carry your medicines,” advised one participant. Another warned, “Avoid sudden changes between humid outdoor air and cold air-conditioning.”

Dr Al-Mutairi also addressed concerns about post-COVID-19 respiratory sensitivity. “Severe viral infections like COVID-19 can cause individuals who never had respiratory issues to develop allergies afterward,” he said. He cautioned against the misuse of inhalers, noting they’re not typically appropriate treatments for common colds or the flu. Patients with moderate to severe asthma often experience symptoms daily or several times a week and require regular use of preventive inhalers to protect their respiratory system from external irritants.

“For mild asthma, symptoms usually occur during viral infections or extreme weather, and inhalers may only be needed during those times,” he explained. The duration of inhaler use varies depending on the patient’s severity and response, ranging from a few days to several weeks.

Importantly, he clarified that not every wheezing episode indicates asthma. Wheezing can also result from sinus infections or other viral illnesses, and inhalers are not prescribed in all cases.

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