October 3, 2024

G7: We are deeply concerned about the situation in Lebanon

The Group of Seven expressed its deep concern about the situation in Lebanon.

It said in a statement: We support the efforts of the United States, Qatar and Egypt to reach a comprehensive deal in line with the Security Council resolution.

The Group …

EU releases 30 mln euros in urgent humanitarian aid for Lebanon

The European Commission announced Thursday a further 30 million euros (USD 33 million) in urgent humanitarian aid to help those most in need in Lebanon.

This new emergency aid package will provide “urgent food assistance, shelter and health care” amo…

GCC financial, economic cooperation cmte convenes in Doha

The financial and economic cooperation committee of the Gulf Cooperation Council states held its 122nd meeting on Thursday in the Qatari capital, Doha, with Kuwait’s participation.

GCC states have proven that they are able to face challenges and achi…

World Bank approves USD 250 Million energy project in Lebanon

The World Bank announced on Thursday, that it has approved a USD 250 million project to enhance renewable energy in Lebanon by restoring electricity grid services and supporting the continuation of reforms.

In a press release, the bank stated that “t…

Kuwait Min. stresses need of boosting GCC economic ties

It is imperative to enhance the Gulf economic cooperation in the future, Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment, and Acting Minister of Oil Nora Al-Fassam said on Thursday.

Al-Fassam welcomed Kuwait’s host…

Kuwait’s Finance Minister attends GCC-IMF meeting in Doha

Kuwaiti Minister of Finance, Economic Affairs and Investment, and the Acting Minister of Oil, Eng. Nora Al-Fassam, participated on Thursday, in a meeting between the Financial and Economic Cooperation Committee of the GCC countries, the Committee of t…