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KUWAIT: The Kuwait Fund for Arab Economic Development (KFAED) announced Wednesday that its transfers to the Public Authority for Housing Welfare (PAHW) have exceeded KD 578 million ($1.9 billion) with the conclusion of its final accounts for the 2024/2025 fiscal year. In a press statement, the Fund said the support — ongoing since 2003 — has strengthened PAHW’s financial capacity and enabled the advancement of major housing projects. This backing has directly contributed to accelerating the allocation of housing units, expanding application intake, and opening new residential cities to shorten waiting periods for eligible citizens.The statement also noted KFAED’s long-term…

KUWAIT: The Public Authority for Housing Welfare (PAHW) announced Tuesday the signing of three new contracts aimed at enhancing housing services and meeting citizens’ needs in Al-Mutlaa and Sabah Al-Ahmad residential cities. Acting Director General Rashid Al-Enezi said in a press statement that the first two contracts focus on establishing infrastructure, public services, and buildings in Al-Mutlaa City’s suburbs N6 and N7.The third contract concerns the supply, installation, and maintenance of underground cables to serve three main transformer stations (11/132 kV) in the investment suburb of Sabah Al-Ahmad Residential City. Al-Enezi detailed that the first two contracts involve constructing 22…

TOKYO: Kuwait’s trade surplus with Japan dropped 15.2 percent in July compared with a year earlier, official data showed Thursday, marking the sixth consecutive monthly decline as exports continued to slow. According to preliminary figures released by Japan’s finance ministry, Kuwait has nonetheless maintained a positive trade balance with Japan for 17 years and six months, with exports still exceeding imports in value.Kuwaiti exports to Japan fell 5.9 percent year-on-year to JPY 77.5 billion ($504 million), recording a sixth straight monthly contraction. By contrast, imports from Japan rose 15.8 percent to JPY 28.5 billion ($180 million), extending their growth streak…

Aug 20, 2025, 02:23 PM ETMarseille president Pablo Longoria said the club had no choice but to transfer list Adrien Rabiot and Jonathan Rowe after what he described as an “extremely violent” altercation between the two players.The French club released a statement Tuesday saying both players were available for transfer “due to unacceptable behaviour in the dressing room after the match against Stade Rennais FC, in agreement with the technical staff and in accordance with the club’s internal code of conduct.”Longoria added more details Wednesday.”What happened was extremely serious and extremely violent, something I’ve never encountered before,” he told AFP…

KUWAIT: First Deputy Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef Saud Al-Sabah chaired a high-level meeting Wednesday with Acting Undersecretary of the Ministry of Interior Major General Ali Al-Adwani, Assistant Undersecretary for Public Security Affairs, and sector heads to review progress in security and administrative work and discuss development plans across the ministry. In a press statement, the Ministry of Interior said Sheikh Fahad welcomed the attendees at the outset, affirming the political leadership’s strong support for the ministry and appreciation for the continuous efforts of its personnel in safeguarding security and stability. The minister reviewed several key…

There is more than the money of American businessman John Textor to the resurgence of Botafogo. From the second division to champions of Brazil and South America, and a win over Paris Saint-Germain in the recent FIFA Club World Cup, you also must give credit to the excellence of the club’s scouting department.The outstanding example is center forward Igor Jesus, signed on a free transfer from Shabab Al Ahli a year ago and now made a move to the Premier League at Nottingham Forest. There is also goalkeeper Lucas Perri, who was a reserve at São Paulo until he was…

Newcastle’s latest bid for Yoane Wissa has been rejected by Brentford.The Magpies made the bid earlier on Wednesday, but it has now been turned down by their Premier League rivals. The add-ons were understood to be worth up to a further £5m which could take the total to £40m. Newcastle had a £25m bid rejected by the Bees for Wissa earlier this summer.Earlier on Wednesday, Tottenham Hotspur were considering offering Richarlison in a deal for Crystal Palace forward Eberechi Eze. That would, in turn, have freed up striker space to try and sign Wissa, who played under Thomas Frank at…

Aston Villa are interested in signing Chelsea striker Nicolas Jackson.Villa are understood to have explored the conditions of a deal for the 24-year-old, who played under head coach Unai Emery at Villarreal. Jackson told Chelsea earlier this month that he wants to consider his options during the transfer window. Chelsea signed strikers Joao Pedro and Liam Delap this summer.Jackson was absent from Chelsea’s squad for friendlies against Bayer Leverkusen and AC Milan ahead of the Premier League season.The striker served the final game of a suspension in Chelsea’s first fixture of the season against Crystal Palace. Jackson scored 13 goals…

Aug 20, 2025, 12:51 PM ETNorway’s soccer federation says it “cannot remain indifferent” to humanitarian suffering in Gaza and will donate any profits from an upcoming World Cup qualifying game against Israel to aid work there.Norway plays Israel in Oslo on Oct. 11.”Neither we nor other organizations can remain indifferent to the humanitarian suffering and disproportionate attacks that the civilian population in Gaza has been subjected to for a long time,” Norwegian Football Federation president Lise Klaveness said in a statement Tuesday.”We want to donate the proceeds to a humanitarian organization that saves lives in Gaza every day and provides…

CAIRO: The Arab-Japanese Youth Forum: Bridges of Dialogue and Culture kicked off Wednesday at the Arab League headquarters, bringing together young participants to exchange views and promote cultural rapprochement. The event was organized in cooperation with the Japanese Embassy in Cairo. In his opening remarks, Arab League Assistant Secretary General for Administrative and Financial Affairs Ambassador Mohammad Al-Ajery said the League attaches great importance to fostering international dialogue and cooperation.He noted that the League has established several cooperation forums and memoranda of understanding with countries, international organizations and regional blocs, reflecting its commitment to strengthening relations with global partners. Al-Ajery…