Al-Mudej Warns Firms Amid Fears of Price Rise Min
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SUBSCRIPTION SATURDAY, JANUARY 3, 2015 RABI ALAWWAL 12, 1436 AH No: 16391 Interior ministry Cuomo, a giant Gerrard to leave cracks down on in NY, liberal Liverpool, reckless4 drivers politics,14 dies head48 abroad Al-Mudej warns firms amid fears of price rise Min 07º 150 Fils Kuwait companies jack up prices as diesel subsidies go Max 23º By A Saleh & Agencies KUWAIT: Deputy Prime Minister and Minister of Commerce and Industry Abdulmohsen Al- Mudej warned construction companies against jacking up prices of their commodities under the pretext that the government lifted diesel subsidy. “We have noticed that some compa- nies are raising the prices of their materials. Raising the prices of commodities under the pretext of diesel subsidy cut is unjustifiable,” Al- Mudej said Thursday, noting that diesel subsidy cut will not apply on local factories. In a quick reaction to the government’s deci- sion to increase diesel prices by the beginning of 2015, many local construction companies immediately informed their clients that they have increased the prices of their materials even without notifying the ministry of commerce and industry. Some local ready-mix companies increased prices by KD 3.5/KD4.5 per cubic meter of con- crete blaming the increase on cut in diesel sub- sidy. Taking cue from the construction compa- TRIPOLI: People carry the coffin of Lebanon’s first post-war prime minister, Omar Karame, nies, water tanker and sand suppliers also during his funeral in the northern coastal city of Tripoli yesterday. The former prime min- increased prices by up to 100 per cent, said ister and staunch ally of the Syrian government has died at the age of 80. — AFP informed sources noting that the price of a Abdulmohsen Al-Mudej 3,000 gallon water tanker jumped from KD 5 to citizens, especially since the decision was made KD10 while sand and gravel truck prices also at random. “It seems that you make one-sided soared from KD 152 to 180. The sources also decisions and we have to correct your mis- News warned that the new diesel prices would affect takes,” he said addressing the ministers of in brief the prices of all other commodities in the local Commerce and of Finance blaming them for the market including foodstuff and consumer decision. goods. MP Dr Abdul Hameed Dashti urged the com- Saudi King ‘suffers Sabity was detained on Thursday evening in an merce minister to work harder to alleviate citi- from pneumonia’ operation in the town of Awamiya, the official Monitoring zens’ suffering. “If you feel safe after the last RIYADH: Saudi King Abdullah, hospitalized ear- SPA news agency quoted a ministry spokesman The minister said that he had directed the grilling, don’t be. This safety will not hold for lier this week, is suffering from pneumonia and as saying. Sabity is one of 23 Saudis wanted in ministry’s commercial control department to long”, he warned the minister. breathing with the aid of a tube, but is in stable connection with protests and violence in monitor the prices of construction materials and MP, Faisal Al-Kandari warned that unless the condition, the royal court said yesterday. The Eastern Province, home to more than two mil- other commodities in the market. He added prices of construction companies are not long-ailing king, who is believed to be around lion Shiites in the Sunni-majority kingdom. that the current drop in oil prices across the brought under control, more companies would 90 years old, was admitted to the King globe ensures that there is no real reason for follow suit. He also expressed surprise at the Abdulaziz Medical City in Riyadh on Wednesday Palestinians deliver papers increasing the prices of construction materials. government’s silence towards the companies for checks. Examination “revealed pneumonia, to join war crimes court The minister said that the department would that have already increased their prices. “This which required the provisional insertion of a UNITED NATIONS: The Palestinian UN observer monitor the companies that had raised the means that the KD 30,000 grant given to citi- tube on Friday evening,” a statement said. mission yesterday delivered to UN headquar- prices. It would initiate legal action against them zens to purchase construction materials will go “Thanks be to God, that step was crowned with ters signed documentation on joining the and refer them to prosecution. He underlined in vain”, he said calling for holding those com- stability and success,” the statement added, Rome Statute of the International Criminal that the ministry is keen on ensuring stability of panies legally accountable because keeping without saying how long the king would need Court and more than a dozen other internation- prices of construction materials in the local mar- silent on the matter would give other foodstuff to remain in hospital. In recent years, his al treaties. The chief Palestinian observer, Riyad ket. and consumer goods companies an excuse to advanced age and poor health have raised con- Mansour, and UN spokesman Farhan Haq con- Meanwhile, in response to the statements increase their prices. cerns about the future leadership of one of the firmed the handover at the United Nations. made by the Commerce Minister on forming MP Madhi Al-Kandari warned the govern- world’s key oil producers. “This is a very significant step,” Mansour told inspection teams to control prices, many law- ment of consequences of lifting diesel and reporters, adding that the step was necessary in makers warned the government of the conse- kerosene subsidies and blamed it represented Saudis arrest suspect order to seek justice for crimes against the quences of rising prices. by the commerce ministry for not activating the in 2011 Shiite unrest Palestinian people. According to the Rome Recalling His Highness the Amir’s speech on role of the consumer protection apparatus. RIYADH: Saudi police have arrested a man Statute, the Palestinians will become a party to the occasion of the inauguration of the new par- “Kuwaiti constitution states that both the gov- wanted in connection with a 2011 protest the court on the first day of the month that fol- liamentary term when he urged the govern- ernment and the National Assembly should pro- movement organized by Shiite residents of the lows a 60-day waiting period after depositing ment not to overburden citizens, MP Abdullah vide decent living for citizens...what decent liv- kingdom’s restive Eastern Province, the interior signed and ratified documents of accession Al-Tameemi urged the government to set up a ing will our citizens have while suffering from ministry said yesterday. Muntadher Ali Saleh Al- with the United Nations in New York. monitoring system to control prices and protect soaring prices?”, he wondered. LOCAL SATURDAY, JANUARY 3, 2015 Kuwaiti volunteers distribute aid to Syrian refugees AMMAN: A group of Kuwaiti volunteers working on behalf of Al-Rahma International Charity, an affiliate of Al-Eslah Society (Islamic Society for Social Reform) in Kuwait, distributed relief aid to about 130 Syrian refugee families, a spokesperson for the volunteers said yesterday. Up to 14 Kuwaiti volunteers took part in the relief aid distribution to these families, said Abdullah Al- Anbaei, the spokesperson, in a statement to KUNA. The 130 families are part of a total of 628 families the volunteers will be helping out in days to come, he said, noting that the relief aid cost about $171,000. The work of the Kuwaiti volunteers in Jordan is car- ried out through an existing office of the Al-Rahma Charity, said the office supervisor Basil Shahada who stressed that the Charity was involved in a multitude of charitable functions in Jordan for the expressed benefit of Syrian refugees there. For instance, the Charity and its subsidiaries in Jordan are in charge of building schools, orphanages, and centers for training the refugees to enter the job market in Jordan, he CAIRO: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah meets Egyptian President Abdelfatah Al-Sisi said. — KUNA during His Highness’ visit to attend Sisi’s inauguration in Cairo on 8 June 2014. — KUNA Sisi in Kuwait Monday to expand strong ties KUWAIT: A new chapter of Kuwaiti-Egyptian relations will be returned the favor to Kuwait in 1990 during the Iraqi invasion written next Monday when Egyptian President Abdelfatah Al- through its stern support of the Kuwaiti right to liberate its Sisi arrives in Kuwait on an official visit which will include a land from the aggressors. meeting with His Highness the Amir Sheikh Sabah Al-Ahmad More recently, HH the Amir’s participation in Sisi’s inaugu- Al-Jaber Al-Sabah. ration, and Sisi’s visit to Kuwait in 2013 as interim President Sisi’s visit to Kuwait is the first since his inauguration as were clear indications of the two nation’s strong political ties. President last June. Both leaderships are looking forward to The relations on the economic, financial, and commercial lev- further expanding relations on all possible domains. els have also been strong with several agreements signed Discussions on regional and international developments are between the two nations since 1960s. expected to be including in the meeting between HH the Amir Kuwait also showcased strong support to Egypt, granting Sheikh Sabah Al-Ahmad and President Sisi. $1 billion last November to help the fellow Arab country to The relations between the two Arab nations have always overcome its critical economic situation. Commercial been strong and such fact was evident in Kuwait’s support to exchange between Egypt and Kuwait have also reached Egypt during the 1967 and 1973 wars against Israel.