Kuwait Credit Bank’s Financial Portfolio Renewal Approved for 20-Year Period

Kuwait city: The acting director general of Kuwait Credit Bank announced that the cabinet has issued a resolution to approve the renewal of the financial portfolio dedicated to funding the expansion and repair of private houses. This renewal will be effective for a 20-year period starting from August 10, 2025. According to Kuwait News Agency, Kuwait is set to host the world modern pentathlon tournament for under 19 athletes and a championship for peers aged below 15 in 2028, as announced by the International Modern Pentathlon Union. Furthermore, the Ministry of Electricity, Water and Renewable Energy reported a fire outbreak at the Mutlaa fresh water towers construction site. In other developments, the Ministry of Interior has announced a restriction on trucks from using main roads between September 1, 2025, and June 14, 2026. Meanwhile, in Gaza, at least 66 Palestinians have died and 345 others have been injured due to the ongoing Israeli occupation actions in the Gaza Strip over the last 24 hours. Palest inian President Mahmoud Abbas emphasized the critical need for a ceasefire in the region. In Aden, the Houthi militia admitted that its "prime minister" Ahmad Ghaleb Al-Rahawi and several "ministers" were killed in an Israeli airstrike on Sanaa city on Thursday. In Lebanon, the Lebanese Army reported that troops discovered and dismantled an espionage device planted by the Israeli occupation in South Lebanon. On the global front, a United States federal appeals court has rejected President Donald Trump's assertion that emergency powers authorized him to impose tariffs on America's trading partners. In Egypt, a passenger train traveling from Marsa Matrouh to Cairo derailed, resulting in the deaths of three people and injuries to 94 others. Additionally, in Kuala Lumpur, Indonesian authorities reported that three people died and at least five others were injured in an arson attack targeting a local parliamentary building in the city of Makassar.