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Day: January 6, 2019

الكويت تطلب من دبي الإفراج عن نصف مليار دولار لصندوق الإستثمارات الخاصة والمجمدة لأكثر من عام في نزاع طويل الأمد.

Press Release
واشنطن – 6 يناير 2019: / بي آر نيوزواير / —  أعلن صندوق الموانئ اليوم أن الكويت قد انضمت إلى جهوده التي إستمرت منذ عام لاسترداد مبلغ 496 مليون دولار أمريكي من أموال المستثمرين والذي تم التحفظ عليه في دبي. طلبت دولة الكويت رسمياً من دبي فك تجميد وإعادة الأموال إلى “صندوق الموانئ” للإستثمارات الخاصة، الذي سيقوم بتوزيع الأموال على المستثمرين وغيرهم من أصحاب المصلحة الدوليين والأمريكيين. قام صندوق الموانئ في نوفمبر 2017 ببيع آخر إستثماراته وتحويل مبلغ 496 مليون دولار أمريكي إلى الحساب المصرفي لشريكه العام، بورت لينك جي بي المحدودة، لدى بنك نور في دبي، حيث تم حينها تجميد الأموال بدون أي سبب. وفي الرسالة المؤرخة في 30 ديسمبر 2018، كتب النائب العام الكويتي المستشار ضرار العسعوسي إلى النائب العام في دبي المستشار عصام عيسى الحميدان يطلب فيها “رفع التحفظ [عن الأموال] &

Kuwait Requests Dubai Release Half-Billion Dollars in Private Equity Funds Frozen for Over a Year in a Long-Running Dispute

Press Release
WASHINGTON, Jan. 6, 2019 /PRNewswire/ — The Port Fund today announced that Kuwait has joined its year-long effort to recoup $496 million of investor funds that have been held in Dubai. The State of Kuwait has formally requested that Dubai unfreeze and return the money to The Port Fund, a private equity fund, which will then distribute the money to its investors and other international and U.S. stakeholders.  After selling its last investment in November 2017, The Port Fund wired $496 million to the bank account of its general partner, Port Link GP Ltd., at Noor Bank in Dubai, at which point the money was frozen without cause. In a letter dated December 30, 2018, Kuwait Attorney General Dherar Al-Asousi wrote to Dubai Attorney General Essam Issa Al Humaidan requesting “to re

Saudi Ambassador to Yemen: the Kingdom supports peace efforts in Yemen according to the three references

Entertainment
Riyadh, Saudi Ambassador to Yemen Mohammed bin Saeed Al Jaber stressed that the Kingdom will spare no effort to support peace efforts and the legitimate Yemeni government led by President Abdrabbuh Mansur Hadi, to reach a political solution in accordance with the three recognized references.During his meeting in Riyadh with Yemeni Minister of Foreign Affairs Khaled Hussein Al-Yemany, Ambassador Al Jaber said that the Kingdom will continue its contribution to achieve the stability of Yemen and support the development efforts with the international community.For his part, the Yemeni Foreign Minister praised the Kingdom's support for Yemen in various fields, and the distinguished level of strategic relations between the two countries.Source: Saudi Press Agency

Khreiss: No economic summit in Beirut without Syria and without a government

Business
Liberation and Development" Parliamentary Bloc Member, MP Ali Khreiss, said Sunday that there will be no economic summit in Beirut without Syria's participation and without having a new government in Lebanon. "There is no summit in Beirut without Syria and without a government, and they must initiate reconciliation with Syria and invite it to attend the summit," Khreis said during a memorial ceremony in the Southern town of Burj Rahhal earlier today. "Lebanon needs Syria more than Syria needs Lebanon," he underlined. Concerning the stalled cabinet formation, Khreiss called for "giving up the quota for the sake of the nation." "The fate of Lebanon will not be in the hands of people or groups," he emphasized, questioning about the responsible side for the economic and social tragedy and corr...

UN Calls on Bahrain to Free Imprisoned Human Rights Defender

Medical
GENEVA, The U.N. Human Rights office is calling on Bahrain to immediately release human rights defender Nabeel Rajab who has been in prison for two-and-a-half years after tweeting criticism about Saudi Arabia's airstrikes in Yemen and alleging torture inside Bahrain's Jau Prison. The U.N. agency says Rajab is being jailed for exercising his freedom of opinion and expression.Bahrain's highest court upheld Nabeel Rajab's conviction and five-year sentence last Monday for "spreading false news and rumors in time of war" and related charges.Last year, the U.N. Working Group of Arbitrary Detention declared Rajab's detention to be arbitrary. The U.N. human rights office accuses the Government of Bahrain of employing harsh measures to suppress the voices of its critics.Human Rights spokeswoman, Ra...

UN Calls on Bahrain to Free Imprisoned Human Rights Defender

Medical
GENEVA, The U.N. Human Rights office is calling on Bahrain to immediately release human rights defender Nabeel Rajab who has been in prison for two-and-a-half years after tweeting criticism about Saudi Arabia's airstrikes in Yemen and alleging torture inside Bahrain's Jau Prison. The U.N. agency says Rajab is being jailed for exercising his freedom of opinion and expression.Bahrain's highest court upheld Nabeel Rajab's conviction and five-year sentence last Monday for "spreading false news and rumors in time of war" and related charges.Last year, the U.N. Working Group of Arbitrary Detention declared Rajab's detention to be arbitrary. The U.N. human rights office accuses the Government of Bahrain of employing harsh measures to suppress the voices of its critics.Human Rights spokeswoman, Ra...

U.S. links Syria withdrawal to ISIS defeat, Turkish treatment of Kurds

Education
The United States will condition its Syria pullout on a Turkish assurance to safeguard Kurds and also wants measures to protect withdrawing U.S. forces, President Donald Trump's national security adviser said on Sunday. John Bolton, briefing reporters during a visit to Israel, added that Trump "wants the ISIS caliphate destroyed," a reference to Islamic State militants in Syria who have been the focus of U.S. assaults.Source: National News Agency

U.S. links Syria withdrawal to ISIS defeat, Turkish treatment of Kurds

Education
The United States will condition its Syria pullout on a Turkish assurance to safeguard Kurds and also wants measures to protect withdrawing U.S. forces, President Donald Trump's national security adviser said on Sunday. John Bolton, briefing reporters during a visit to Israel, added that Trump "wants the ISIS caliphate destroyed," a reference to Islamic State militants in Syria who have been the focus of U.S. assaults.Source: National News Agency

Saudi Woman Who Fled to Thailand Fears Death if Sent Home

Uncategorized
A young Saudi woman who fled to Thailand is pleading not to be forced back to Saudi Arabia."I just want to survive," 18 year-old Rahaf Mohammed Alqunun said in a social media video where she can be seen pacing inside a Bangkok airport hotel room."My family is strict and locked me in a room for six months just for cutting my hair. I am 100% certain they will kill me as soon as I get out of the Saudi jail."Rahaf fled from Kuwait during a family vacation and arrived at Suvarnabhumi Airport Saturday night, intending to seek asylum in Australia.Thai authorities refused to let her into the country, saying she had no travel documents or money.But Rahaf says Saudi and Kuwait officials took away her passport when she arrived, a claim backed up by Human Rights Watch."Thai authorities should immediat...