Page 7 - Al-Rashed Newsletter April 2021

KUWAIT & IRAQ
KUWAIT NEWS

Kuwait Cabinet decides to send oxygen cylinders to India
The Kuwaiti Cabinet during its weekly meeting held on Monday decided
to send oxygen supplies and relief items to India which is facing growing
numbers of deaths and infections of the coronavirus.
The move comes within the framework of the distinguished friendship
ties between Kuwait and India that reflect solidarity with the friendly
Indian people. The Cabinet expressed its deep concern and regret
about the deteriorating health situation in India due to the spread of the
new mutated strain of the coronavirus, which resulted in growing deaths
and infections due to lack of oxygen in hospitals.

Kuwait to vaccinate 70% of its population within 2 months
Kuwait is close to achieving community immunity as it will most likely
complete the vaccination of 70 percent of the target population within
two months, provided more doses of approved vaccines will arrive in the
country.
The rate of recovery from the virus compared to the number of daily
infections reached 93.8 percent on April 27, compared to 93 percent on
March 27, 93.8 percent in February, 95.6 percent by the end of January,
97.5 percent by the end of December 2020 and 95.4 percent by the end
of November 2020.

All GCC states except Kuwait allow entry of expats with valid visas
All GCC countries, except for Kuwait, are allowing expats with valid
residency permits, and even those with a valid visit visa to enter, if they
follow health and precautionary measures established to curb the
outbreak of COVID-19, Kuwaiti media reported.
Gulf countries announced various precautionary measures to combat
the spread of coronavirus and prevent the entry of mutated strains in
the country. Despite the ban by some Gulf countries such as Saudi
Arabia and Oman on direct flights from certain countries with cases of
mutated strains, resident workers were allowed to enter their countries
with necessary quarantine periods. On February 7, 2021, a Cabinet
decision was issued banning entry of non-Kuwaitis for a period of two
“YOU MISS 100% OF weeks. The decision was extended and is still in effect.
THE SHOTS YOU

DON'T TAKE.” IRAQ NEWS
- WAYNE GRETZKY
UAE signs $3bn deal to invest in Iraq
The UAE has signed a $3 billion deal to invest in Iraq in an initiative
which aims to “solidify economic and investment ties, tap fresh prospects
of cooperation, and spur developmental and socio-economic growth in
Iraq”, according to a report from state-run news agency WAM. The
report said: “The new investments are aimed to tap new prospects of
partnerships between the two countries and accelerating socio-economic
and developmental growth in support of the people of Iraq.” Source: KuwaitTImes.com, Arabtimes.com, Gulfnews.com. Arabianbusiness.com
The two sides agreed to grow economic cooperation and accelerate
trade and investment exchanges.