Iran says it is ready for nuclear deal if US stops military threats    Ukraine captures two Chinese nationals fighting for Russia    Faulty antenna played role in fatal Australian helicopter crash    Gaza is a 'killing field', says UN chief, as agencies urge world to act on Israel's blockade    Nightclub collapse kills 79 in Dominican Republic's capital    Saudi Arabia ranked first globally in empowering women in AI    Hajj Ministry warns pilgrims against dealing with unauthorized channels    Jeddah airport serves over 5.3 million passengers during 5-week peak Umrah season    10 days left to expire deadline to pay discounted traffic fines    Woman becomes first in UK to give birth after womb transplant    Saudi stocks extend rally as TASI hits 11,500 points    Women make up 20% of e-sports players in Saudi Arabia    First baby born in UK to woman with transplanted womb    Pakistani star's Bollywood return excites fans and riles far right    Prince Khalid bin Salman and US counterpart discuss over phone prospects for defense cooperation    Saudi Arabia highlights long standing relationship with UNESCO during Executive Board meeting    Ithra to showcase its art collection at Riyadh Art Week    6.8 million people travel via four Saudi airports during 2025 Umrah season    Saudi U-17s qualify for 2025 FIFA World Cup after win over Thailand    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Kuwait

and-half year. What they are in need, as they say, is the restoration of confidence. I think that if the big world economies get acquainted with means of cooperation among them, then they will become capable of surpassing the crisis as they surpassed previous crises. It is true that the crises were not with the same severeness, but they were resolved.
As regards the second part of the question about the impact of the crisis on us, I would like to say 'yes', it has affected, and created tension and fear, because the capital is malaise, and the people facing row either from the audio-visual media about the crisis and its dimensions, and its move from a country to another, have become worried, some look for a safe and secured place for his wealth, and some others want to take opportunities, the people no longer believe in anything except what is in their hands, but this state will not continue for a long time.
Q: Does that mean that you were not harmed?
A: As a state, and money of the state, we have not been harmed, the surpluses of oil are safe and they were not faced by any complications at the world markets, and the private sector is capable of protecting its wealth and investments.
As regards the brothers in the GCC (Gulf Cooperation Council) member states, I don't know exactly to what extent they were affected by the crises, but I hope their financial surplus and sovereign investments will not be subject to any loses either little or big losses. I hope that, and would like to confirm that we were with the grace of Allah Almighty far away from the impact of this crisis, and here I mean our 'sovereign' capital.
The thing from which we were harmed was the fear of the people under the assumption that what happens in America and the western countries will have an impact on them with the same manner.
--more


Clic here to read the story from its source.