Al-Shaya meets citizens during 1st weekly meetings
KUWAIT CITY, April 15: The Public Authority for Housing Welfare (PAHW) announced the listing of 4,507 housing units from the low-cost housing projects within the 2021-2022 fiscal year’s budget, reports Al-Qabas daily. It affirmed that the offering and the contracting process for the implementation of the project will take place after receiving the approval of the Ministry of Finance. In response to a parliamentary question, PAM explained that the infrastructure works in the low-cost housing project will be completed in May.
Sulaibiya and Taima areas are not designated for housing. The procedures for distributing low-cost homes in the new project according to the residential welfare regulation target five categories – the families of divorced women, widows of Kuwaiti citizens, Kuwaiti families applying for housing care (their priority in distributing alternative housing) is not mentioned, the families of Kuwaiti women who are w
KUWAIT CITY, April 11: MP Badr Al-Humaidi submitted a proposal for the ministries and other public institutions to specify the number of expatriate employees who or their relatives suffer from chronic psychiatric and nervous system diseases and are undergoing treatment in Kuwaiti hospitals. The prop
Kuwait set to float tenders for new South Sabah Al Ahmad city
KUWAIT CITY , 2 hours, 17 minutes ago Kuwait is set to float tenders for its major residential project, South Sabah Al Ahmad City project later this year after getting all the necessary approvals, reported Arab Times, citing Minister of State for Municipal Affairs and Minister of State for Housing and Urban Development Shaya Al Shaya. The minister announced this after after meeting the citizens of the area in the presence of the Director General of the Public Authority for Housing Welfare (PAHW), Engineer Bader Al Waqian and senior officials from the authority.
Messenger
KUWAIT CITY, April 3: Minister of State for Municipal Affairs and Minister of State for Housing and Urban Development, Shaya Al-Shaya, talked of the completion of the plans to float the first tenders for the South Sabah Al-Ahmad City project this year after taking necessary approvals.
This came during a field visit by Minister Al-Shaya to the city of South Sabah Al-Ahmad, where he met with the citizens in the presence of the Director General of the Public Authority for Housing Welfare (PAHW), Engineer Bader Al-Waqian and senior officials from the authority. Al-Shaya discussed with the residents’ committee the components of the city project and investment opportunities, promising to overcome all obstacles that may hinder achieving the project.
450,000 citizens to benefit from postponement decision
KUWAIT CITY, April 1: The cost to be borne by the state budget for the implementation of the decision to delay loan installments by six months, and for supporting and guaranteeing the financing of entrepreneurs affected by the COVID-19 crisis is about KD 600 million, but with the assumption that the state would bear the cost of some small and medium- sized enterprise owners defaulting to repay the financing they will receive in the future, reports Al-Rai daily quoting sources from the banking sector. They explained that the number of citizens who will benefit from the postponement of loan installments at banks and financing companies is about 450,000, with the value reaching up to KD 340 million which will be fully borne by the State Treasury. The cost of supporting credit entrepreneurs is likely to reach about KD 40 million, of which it is spent quarterly during the period of the law. The potential cost of default is close to K