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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Kuwait government calls September election amid political tensions

Crown Prince Mishal Al-Ahmad Al-Jaber Al-Sabah dissolved the assembly in June after opposition lawmakers staged an eight-day strike in the legislature. (AFP)
By TRENDS Desk AFP
August 28, 2022 10:34 pm
  • That came amid growing disputes between that cabinet and opposition MPs, who had won nearly half the seats in the legislature during the previous election in December 2020.
  • The opposition has regularly accused ministers from the royal family of mismanagement and corruption.
The Kuwaiti government on Sunday called a legislative election for September 29, the state news agency said, two months after parliament was dissolved amid simmering political tensions.The only Gulf state with a fully elected legislature, the key oil producer has been hit by regular feuding between the ruling Al-Sabah family and the assembly.

The current government was formed at the start of August after the previous cabinet resigned in April, just three months after being sworn in.

That came amid growing disputes between that cabinet and opposition MPs, who had won nearly half the seats in the legislature during the previous election in December 2020.

The opposition has regularly accused ministers from the royal family of mismanagement and corruption.

Crown Prince Mishal Al-Ahmad Al-Jaber Al-Sabah dissolved the assembly in June after opposition lawmakers staged an eight-day strike in the legislature.

An official decree, reported by the KUNA news agency, said nominations were now open for candidates to register ahead of the September vote.

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