Latest News
- Court Sentences Bank Employee To 5 Years For Embezzling 100,000...
- Fake ‘Sheikh’ Sentenced To 2-yr As Court Overturns Verdict
- Justice Ministry New Service On The Sahel App
- Ministry Probes 68 Cases Of Illegal Charity, Funds Collection
- Globally, Kuwait Is Among The Top Consumers Of Incense And Oud O...
- Decrease Seen In Foreign Investment
- Kuwait Customs Seized 2 Containers Laden With Tobacco At Shuwaik...
- Unpaid Salaries, Accountant Beaten Up By Workers
- The Sahel App Was Not Hacked, A Spokesman Claims
- Four Expats Arrested For Stealing Copper Cables Worth 60,000 Din...
- Indian National Died In Abdalli Car Accident
- Work Permits And Foreign Worker Transfers Are Amended By PAM
Malaysia Calls On Kuwait To Double Investments Due To Economic Crisis
Malaysian Prime Minister Mahathir Mohamad called on Kuwait to double investments on Tuesday, hoping it will aid his country to overcome its economic crisis since the transfer of power to the new government. During a meeting with Kuwaiti Ambassador to Malaysia Saad Al- Asousi, in Putrajaya, Malaysia, the ambassador told KUNA that the Malaysian prime minister emphasized the importance of putting a previously signed bilateral agreement in place.
Hailing the role of Kuwaiti companies in Malaysian markets and Malaysian companies in Kuwaiti markets, Mohamad is eager to continue international and regional bilateral cooperation.
The prime minister also lauded Kuwait’s crucial role in resolving issues in the Middle East, and thanked the Gulf country for providing scholarships to Malaysian students and encouraging Kuwaiti students to study at Malaysian universities.
Historical ties between both countries go way back over 50 years, clearly seen from former King of Malaysia Syed Harun Putra’s first visit to Kuwait in 1965, to Malaysian government opening its embassy in Kuwait in 1974, marking it as the first country in Southeast Asia to open an embassy in Kuwait. Since last May general election, Malaysia has been undergoing an economic crisis aftermath left by the previous government, along with financial corruption linked to the country’s sovereign development fund known as 1Malaysia Development Berhad (1MDB).
Trending News
-
Eid Al Fitr 2024: Crescent Moon Not Sighted In Sau...
08 April 2024
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
When Will Eid Al Fitr 2024 Take Place In Qatar, Ba...
08 April 2024
-
On Sunday, The Meteorological Department Warns Of...
07 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Gathering For Eid Al-Fitr Prayers: Kuwaiti Citizen...
10 April 2024
-
Winners Of Kuwait National Assembly 2024 Elections
06 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
Comments Post Comment