INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Kuwait puts off first parliament session until mid-October

Kuwaiti candidate Alia al-Khaled celebrates with her supporters following the announcement of her victory in the parliamentary elections, in Kuwait city. (AFP)
  • The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls
  • The government has not taken the constitutional oath because of the objection of more than 40 members of parliament

Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18, according to media reports.

The news agency KUNA said in a statement: “The National Assembly’s first regular session of the 17th legislative term is adjourned until Oct. 18, head of Kuwait’s Center for Government Communication and spokesman Tareq Al-Mizrem said Saturday.”

“This came in line with Article 106 of the constitution, Al-Mizrem wrote on CGC’s Twitter account,” it added.

The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls.

The government has not taken the constitutional oath because of the objection of more than 40 members of parliament.

Local media said ministers of the old cabinet had resigned.