Kuwait picks acting finance minister
Kuwait, May 28, 2012
Kuwait has appointed Nayef Al-Hajraf as the country's acting finance minister, state news agency Kuna said on Monday, after his predecessor Mustapha Al-Shamali quit amid allegations of financial irregularities in his departments.
Political upheaval has become common in the major oil producer and Opec member in recent years, holding up decisions on large investment projects and putting off foreign investors, analysts and bankers say.
Shamali denied all allegations of mismanagement on his watch but stepped down last Thursday after opposition lawmakers accused him in parliament of failing to deal with alleged irregularities in his departments.
Hajraf, who is higher education minister, replaces Shamali on an interim basis, Kuna reported, citing the outcome of a government cabinet meeting.
A more permanent replacement is expected to be announced in the coming weeks, according to Kuwaiti media. - Reuters
More Government & Laws Stories
- Norton Rose Fulbright moves London head to Dubai
- DSG ‘ready to implement Smart Dubai Strategy’
- Iraqi women protest new draft law
- Bahrain police 'face more danger in line of duty'
- Saudi names Brotherhood as terrorist group
- Qatar outraged over terror claims
- Bahrain PM condemns exploitation of children
- Qatar will not alter foreign policy: source
- Bahrain accuses Iran of fomenting trouble
- 'Put security before rights' in Bahrain: publisher
- 'Hizbollah trained Daih blast suspect'
- Key terror blast suspects named in Bahrain
- $2.6m Royal Fund for martyrs set up
- Bahrain to draw up new anti-terror laws
- GCC ROW: Qatar voices surprise over envoys pull out
- GCC tobacco tax rise ‘will fuel illicit trade’
- Saudi, UAE, Bahrain withdraw envoys from Qatar
- Bahrain explosion draws global condemnation
- GDN photographer hurt in blast is discharged
- Iran playing increasing role in Bahrain unrest
- Bahrain launches 6-point plan to fight terror
- Sisi gives sign he will run for president
- New Saudi clamp on energy drinks
- Health insurance must for Saudi visa
- Qatari doctor gets 7 years jail in UAE
- Family violence law articles approved in Bahrain
- Credit card thief jailed in Bahrain
- GDN photographer hurt in Bahrain explosion
- Bahrain King orders crackdown on terrorists
- Bahrain's 4-year development plan on track