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Business Justice Ministry Cosimo Ferri, a Number of Entific, Cultural and Artistic Activities Aiming Together

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Business Justice Ministry Cosimo Ferri, a Number of Entific, Cultural and Artistic Activities Aiming Together SUBSCRIPTION SUNDAY, OCTOBER 4, 2015 THULHIJJA 20, 1436 AH www.kuwaittimes.net Interior Ministry MoE official UAE goes to Aguero hits buys four discusses fees, polls with some five as Man Airbus civilian visas, teachers at citizens still City rout helicopters3 private4 schools denied13 vote Newcastle20 Kuwaitis driving vehicles Min 26º Max 43º with Gulf plates warned High Tide 03:20 & 14:35 Low Tide Violators given one month to make change 10:35 & 22:25 40 PAGES NO: 16657 150 FILS KUWAIT: All Kuwaiti motorists who own and drive cars with license plates from Gulf countries have one month First Iran hajj dead flown home during which they must turn in these license plates to be replaced by Kuwaiti ones, said a Ministry of Interior TEHRAN: The first bodies of Iranians killed in a stam- official yesterday. Some Kuwaiti motorists drive cars pede at the hajj arrived home from Saudi Arabia yester- with license plates from Gulf countries and use them to day after a controversial nine-day delay and questions break serious traffic rules, thinking erroneously that the over the final death toll. President Hassan Rouhani and arm of the law will not reach them because they are other top officials laid white flowers on coffins ata driving cars with foreign license plates, said the min- somber ceremony in Tehran for the 104 pilgrims - istry’s assistant undersecretary for traffic affairs Maj Gen among 464 Iranians declared dead in the Sept 24 Abdullah Al-Muhanna in a press statement. crush. Iran has accused Saudi Arabia of incompetence He said some of the traffic infractions these motorists in its handling of safety at the hajj, further souring rela- commit are very serious, such as running red lights and tions already strained by the civil war in Syria and con- driving at outrageous speeds. The worst number of traf- flict in Yemen. “If it were proved that some (authorities) fic violations a Kuwaiti motorist committed driving a car were guilty in this accident, we will not forgive,” with Gulf license plates topped 1,645, drawing fines of Rouhani said as the bodies emerged in red caskets KD 57,575, said a ministry official. — KUNA from a cargo plane at Mehrabad Airport in Tehran. The president was accompanied by the heads of Iran’s judiciary and parliament as well as the chief of staff of supreme leader Ayatollah Ali Khamenei’s office. Filipina, Syrian “Our language in this accident was one of brotherhood and respect and the language of diplomacy was used held in Riyadh when necessary,” Rouhani said. “If needed, the lan- guage of authority will also be used.” Iran has been over bomb vests deeply critical of the slow pace at which the Saudi authorities have identified the dead. RIYADH: A Filipina has been arrested in Saudi More bodies were expected to be flown home later Arabia on suspicion of helping a Syrian to make yesterday, but Iran’s health minister said not all of the explosive belts for suicide attacks in the kingdom, Iranian dead had yet been found and many were the interior ministry said yesterday. The Syrian, thought to be lying unidentified in sealed containers. TEHRAN: An honor guard carries the coffins of Iranian hajj pilgrims who were killed in a deadly stampede identified as Mohamed Al-Barazi, is suspected of Continued on Page 13 in Mina in Saudi Arabia at Mehrabad airport yesterday. — AP Continued on Page 13 LOCAL SUNDAY, OCTOBER 4, 2015 News Investment buildings Kuwait’s Al-Shamma’ In brief wins silver medal in Kuwait Int’l Real Estate witness a price drop shooting tournament fair kicks off tomorrow KUWAIT: Kuwait International Real Estate Exposition kicks RABAT: The Kuwaiti female shooter Eman Al-Shamma’ off tomorrow with local and foreign companies participa- KUWAIT: A number of real estate ment buildings are decreasing the Khaled Khaja said that fears control- on Friday won the silver medal of the skeet competi- tion showcasing more than 250 real estate projects in the experts said yesterday that there was value of their estate to match with ling local bank’s view on the real tions of the 12th Arab Shooting Championship after Arabian Gulf, Turkey and a number of European countries. a visible drop in the price of invest- the current economic status quo, said estate sector disrupts funding opera- losing the final game to Ibtisam Mreighy, of Morocco - Managing Editor of Expo Group, in charge of organizing the ment buildings in Kuwait due to a Al-Atiqi, adding that such step was tions due to the hike in prices which the host country. Bahrain’s Maryam Hassani won the number of geopolitical factors and a taken to lure possible investors to led to the belief that there was “a new fair, Walid Al-Qadoumi said that the real estate companies bronze medal. Al-Shamma’ proceeded to the final stage pessimistic outlook in general regard- purchase buildings. The fact is that real estate bubble that is about to after beating Hassani and the latter’s compatriot participating in the exhibition will showcase a variety of ing future forecast for real estate in earnings of such investments has burst”. Investors have a chance to buy Fatema Nasra in the playoffs in the semifinal which also local properties and variety of foreign properties in the the country. In a number of state- increased by 7.5 to eight percent, said those properties due to the price gathered the two Kuwaiti female shooters Afrah Arabian Gulf, Turkey and Europe. Al-Qadoumi added the ments to KUNA, the experts said that the expert. decline, said Khaja, predicting more Mohammad and Fatema Al-Zo’abi. She came in the sec- exhibition, which will be opened tomorrow by the Ministry the apartments’ prices, whether for CEO of Derwazat Al-Safat real decrease in prices if the interest rates ond place with a total score of 69 discs (22, 23 and 24), of Commerce and Industry’s Assistant Undersecretary for rent or ownership, went down in estate co Fahad Al-Momen said that on the Kuwaiti dinar continued and while Afrah Mohammad scored 67 discs (21, 22 and 24) International Organizations Affairs and Foreign Trade Kuwait, noting that this represented a despite the decrease in investment also if interest rates on bank deposits and Al-Zo’abi 66 (22, 20 and 24). Chairman of the Arab Sheikh Nimr Al-Sabah and will continue until October 10, chance for investors to purchase real buildings value, rents are still stable went up. Shooting Federation (ASF) and Kuwait Shooting noting that all preparations by the ministry have been com- estate at its current price. Tareq Al- at their current rates. He said that the On his part, sales officer at the Federation (KSF) Eng Duaij Al-Otaibi lauded the level of pleted. Al-Qadoumi pointed out that foreign property will Atiqi, a former owner of a real estate current geopolitical circumstances in Meshkat real estate company Yousef performance of the Arab female shooters. In state- be present at the event, especially after the increase in company, said that future forecast for the region have led to the current sit- Ellayan said that investors fear that ments to KUNA he voiced joy for the results made by demand from local investors to take advantage of having a investment buildings showed that uation, adding that investments in prices would further go down due to the three Kuwaiti shooters who were able to reach the secondary estate outside of Kuwait. there will be no increase in prices. some areas jumped to eight percent the economic and geopolitical situa- semifinal and congratulated Al-Shamma’ on the silver The increase in interest rates in the compared with figures obtained in tions which in turn drive investments medal. Eng Al-Otaibi extolled His Highness the Amir near future will push for an increase 2014. The prediction is that the prices away from real estate in general. He Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, His Kuwaiti swimmer wins gold in interest rates for deposits which will remain as they are for investment claimed that investment buildings Highness the Crown Prince and His Highness the Prime medal in 200m breaststroke will eventually lead investors to keep buildings till the end of the year due currently constructed in several areas Minister for their constant support to the Kuwait-based KUALA LUMPUR: A Kuwaiti swimmer won a gold their money in the bank rather than to the lack of demand and increase in are not up to the sought standard, ASF and KSF.—KUNA medal yesterday in the 200m breaststroke event investing in a piece of real estate that offer, said Al-Momen. noting that was also a factor in keep- of the 8th Asian Age Group Championships, cur- might further decrease in price, said Meanwhile, Real Estate broker at ing away investors from purchasing rently held in Bangkok, Thailand with participa- Al-Atiqi. Current owners of invest- Al-Nouf international company real estates.—KUNA tion of 31 countries. In the tourney’s third day, swimmer Ahmad Al-Bader ended the competi- tion, 18 year-old and above category, in 02:16.76 minutes, Coach Ayman Al-Enezi, head of the Arab League hails Kuwait for Kuwaiti team, stated to KUNA. Meanwhile, swim- mer Yousef Al-Loughani finished in fourth place protecting competitiveness in the same event, Al-Enezi noted, adding that Japan won the first and third places, while Hong CAIRO: Arab League has praised ahead of the establishment of the importance of having a special leg- Kong won the second place. He also commended Kuwait’s experience in the field of unified Arab Customs Union.
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