Saudi-Kuwaiti Coordination Council Holds First Meeting on Sunday

Saudi Crown Prince Mohammed bin Salman meeting his Kuwaiti counterpart, Sheikh Mishaal Al-Ahmad, in Riyadh last Tuesday (SPA)
Saudi Crown Prince Mohammed bin Salman meeting his Kuwaiti counterpart, Sheikh Mishaal Al-Ahmad, in Riyadh last Tuesday (SPA)
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Saudi-Kuwaiti Coordination Council Holds First Meeting on Sunday

Saudi Crown Prince Mohammed bin Salman meeting his Kuwaiti counterpart, Sheikh Mishaal Al-Ahmad, in Riyadh last Tuesday (SPA)
Saudi Crown Prince Mohammed bin Salman meeting his Kuwaiti counterpart, Sheikh Mishaal Al-Ahmad, in Riyadh last Tuesday (SPA)

The Saudi-Kuwaiti Coordination Council will hold its first meeting on Sunday to reflect the strength of relations between the two states and bring them closer to improved integration that fulfills shared ambitions on security, prosperity, and happiness.

Saudi Arabia’s King Salman bin Abdulaziz, the Custodian of the Two Holy Mosques, and Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah had jointly issued directives for launching the Council’s first session.

Established in July 2018, the Council aims to develop a joint vision that deepens and sustains relations between the two countries.

It operates in line with the objectives of the Gulf Cooperation Council and works to enhance inter-state economic integration, find innovative solutions for optimal utilization of existing resources, and build an effective educational system.

This relies on shared strengths, enhancing cooperation in political, security, and military fields, ensuring good collaboration and partnership, and highlighting the two countries’ economic standing, human development, political and security-military integration in various areas.

Each of Saudi Arabia and Kuwait aspires to boost trade exchange levels, especially as official statistics show that it amounted to about SAR 8.39 billion in 2019.

That year, Saudi exports to Kuwait amounted to about SAR 7.83 billion, while imports accounted for around SAR1. 56 billion.

As for cooperation during the coronavirus pandemic, there was consistent, direct, and continuous coordination among the two states’ health ministers.

The Kingdom showed keen interest in stabilizing Kuwaiti markets and supporting them through guaranteeing Saudi products reaching Kuwaiti markets by land, sea, and air. This was welcomed and appreciated by the Kuwaiti government.

It is worth noting that Kuwait is also actively working with Saudi Arabia to achieve goals set by the Saudi Crown Prince’s “Green Middle East” initiative.



UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo
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UAE: US Companies Sanctioned Over Sudan Do Not Operate in the Emirates

The Emirati Justice Ministry logo
The Emirati Justice Ministry logo

The Emirati Justice Ministry on Friday said that the seven companies based in the United Arab Emirates and sanctioned by the US over Sudan do not own valid business licenses or operate locally.

The US has designated seven entities based in the Emirates under its Sudan sanctions program.

These entities include Capital Tap Holding LLC, Capital Tap Management Consultancies LLC, Capital Tap General Trading LLC, Creative Python LLC, Al Zumoroud and Al Yaqoot Gold & Jewellers LLC, Al Jil Al Qadem General Trading LLC, and Horizon Advanced Solutions General Trading LLC.

“Upon notice of the sanctions designations, the UAE initiated its own investigation into the entities and related individuals, seeking additional information from US authorities to support these investigations,” the Ministry said in a statement

It also confirmed that none of the seven entities hold an active business license in the UAE, nor are they currently operating in the UAE.

Relevant UAE authorities continue to monitor any potential suspicious activity in accordance with applicable UAE laws, the Ministry added.