RIYADH: The absence of a central body to manage the coronavirus pandemic contributed to overspending by the Kuwaiti government, an audit report has found.
The State Audit Bureau of Kuwait (SAB) said that the government s uncoordinated response to the crisis hampered its ability to deliver an effective response.
“There are a number of observations, the most prominent of which is the absence of any central body to purchase supplies, despite their similarities (masks, gloves, sterilization materials), SAB said in the report that was submitted to the National Assembly. This led to a variation in their purchase prices, said the report.
DUBAI: Brazilian meatpacker BRF said it was evaluating the impact of new rules in Saudi Arabia reducing the shelf life of frozen chicken to three months from one year.
The company told shareholders that the change came to light after the Kingdom’s Food and Drug Authority (SFDA) notified the World Trade Organization of the move.
“The company has no means yet to measure the potential operational, economic and financial impact, in case the measure is maintained by the SFDA,” the company said in a filing.
Saudi Arabia and the wider Gulf is a key market for Brazilian meat exporters.
CAIRO: Egypt on Wednesday warned Israel that its actions in Jerusalem and Al-Aqsa Mosque threaten the hopes of a two-state solution as well as security and stability in the region.
Iranâs Zarif Says Talks With Saudi Arabia Might Ease Yemen War
May 12 2021, 7:23 PM
May 12 2021, 7:00 PM
May 12 2021, 7:23 PM
(Bloomberg) Iranian Foreign Minister Mohammad Javad Zarif said his countryâs talks with rival Saudi Arabia could spur âgreater cooperationâ and help end the war in Yemen.
(Bloomberg) Iranian Foreign Minister Mohammad Javad Zarif said his countryâs talks with rival Saudi Arabia could spur âgreater cooperationâ and help end the war in Yemen.
âWeâve had some contacts with Saudi Arabia and we hope that these contacts will come to fruition through greater cooperation between Iran and Saudi Arabia for peace and stability in the region, particularly in Yemen,â Zarif told reporters Wednesday as he visited the Syrian capital, Damascus.
LONDON: Cryptocurrency ether hit a record high on Wednesday, taking gains this year to almost 500 percent on the back of a growing interest in decentralized finance applications and increasing institutional interest in cryptocurrencies. Ether, the second-biggest cryptocurrency by market capitalization after bitcoin, climbed to $4,372.35, eclipsing its previous record hit on