Kuwait, UK Sign Investment Partnership Deal

Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmad Al-Sabah and British Prime Minister Rishi Sunak attend the signing ceremony of the investment partnership MoU between Kuwait and the UK at the 10 Downing Street in London on Tuesday. (KUNA)
Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmad Al-Sabah and British Prime Minister Rishi Sunak attend the signing ceremony of the investment partnership MoU between Kuwait and the UK at the 10 Downing Street in London on Tuesday. (KUNA)
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Kuwait, UK Sign Investment Partnership Deal

Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmad Al-Sabah and British Prime Minister Rishi Sunak attend the signing ceremony of the investment partnership MoU between Kuwait and the UK at the 10 Downing Street in London on Tuesday. (KUNA)
Kuwaiti Crown Prince Sheikh Mishaal Al-Ahmad Al-Sabah and British Prime Minister Rishi Sunak attend the signing ceremony of the investment partnership MoU between Kuwait and the UK at the 10 Downing Street in London on Tuesday. (KUNA)

Kuwait and Britain sealed on Tuesday a memorandum of understanding on an investment partnership at 10 Downing Street in London.

The signing ceremony was attended by Crown Prince Sheikh Mishaal Al-Ahmad Al-Sabah and British Prime Minister Rishi Sunak.

The Kuwaiti Crown Prince and the British PM also discussed regional and international developments.

The deal was co-signed by Kuwaiti Deputy Premier, Oil Minister, in addition to acting finance minister and State Minister for Economic and Investment Affairs Saad Al-Barak, alongside British Minister of State in the Department for Business and Trade Lord Dominic Johnson.

Kuwait News Agency reported that the British PM received Sheikh Mishaal.

During the meeting, they discussed the distinguished relations between Kuwait and the United Kingdom in all fields, reflecting the depth of the strong historical relations between the two peoples and the two friendly countries, as well as several issues of common interest and the latest developments on the regional and international arenas.

Sunak expressed his happiness with the Kuwaiti Crown Prince’s visit, stressing the strength of the historical relations that extend for more than 100 years between the two friendly countries.

He further expressed his aspiration for more cooperation between Kuwait and the UK.

Moreover, the Crown Prince sponsors during his visit to the UK an event to celebrate the 70th anniversary of the establishment of the Kuwait Investment Office in London.

Regarding commercial exchanges, the historical records pointed out that commercial and business transactions date back over 200 years.

Kuwait is one of the largest investors in the UK, with the Gulf country establishing the Kuwait Investment Office in London in 1953.

Britain seeks to develop its trade with the Gulf countries. In June, the British government launched talks in Riyadh to reach a trade agreement with the Gulf countries. This deal would offer consumers in the GCC countries more British goods and services.

The total trade with the Gulf is GBP 33.1 billion.

On the military level, Kuwait and the UK share tight military ties.

In Feb. 1992, Kuwait and Britain signed an agreement after the liberation of Kuwait in which the UK would supply Kuwait with weapons as well as conduct military exercises.

Kuwaiti Ambassador to Britain Bader Al-Awadhi affirmed that the historic visit of the Crown Prince to Britain reflects the deep ties between the two countries.

"His Highness's visit will strengthen the existing relations between Kuwait and Britain and will open new horizons for cooperation in the economic, security, and cultural fields in a way that will reflect the reality of the strategic relations," he said.

Lord Mayor of London Nicholas Lyons said that the visit - which comes to mark the 70th anniversary of the Kuwait Investment Office in London - continued the tradition of strengthening ties between the UK and Kuwait.

The Kuwait Investment Office had invested in various sectors in the capital, London, indicated Lyons, adding that the long-term commitment on the Kuwaiti side towards doing business in the UK had reflected the vast investment opportunities within Britain.



Namirah Mosque Ready for Hajj’s Arafat Day with Major Upgrades

Significant development projects have been implemented to improve the comfort of pilgrims at the mosque. (SPA)
Significant development projects have been implemented to improve the comfort of pilgrims at the mosque. (SPA)
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Namirah Mosque Ready for Hajj’s Arafat Day with Major Upgrades

Significant development projects have been implemented to improve the comfort of pilgrims at the mosque. (SPA)
Significant development projects have been implemented to improve the comfort of pilgrims at the mosque. (SPA)

The Saudi Ministry of Islamic Affairs, Dawah and Guidance has completed extensive preparations at Namirah Mosque in Arafat, ensuring it is fully ready to welcome Hajj pilgrims on the day of Arafat, which falls on Thursday. The mosque has been furnished with 125,000 square meters of luxurious carpets.

Significant development projects have been implemented to improve the comfort of pilgrims. The backyard now features 19 canopies that reduce heat stress by an average of 10 degrees Celsius, complemented by sun-reflecting floor paint. The surrounding courtyards are also prepared and cooled with 117 fog fans, lowering temperatures by an average of 9 degrees Celsius.

A major ventilation and air conditioning upgrade includes a new control system that monitors carbon dioxide levels and operates air purification units, allowing for 100% air renewal every 30 minutes. This system also controls water pumps, boosting operational efficiency and providing a healthier environment for pilgrims.

For hydration, 70 water chillers have been installed, each capable of serving 2,000 pilgrims per hour, totaling a capacity of 140,000 pilgrims per hour.

An advanced audio system and security surveillance cameras have also been integrated to boost safety and security.

Furthermore, the mosque's 72 gates and entrances have been strategically organized to ensure a smooth flow of pilgrims.

These extensive tasks were carried out by dedicated supervisory and service teams committed to providing the best services to pilgrims.