Advertise on Bizcommunity

Subscribe to industry newsletters

Kuwait shuts newspaper critical of government

KUWAIT CITY, KUWAIT: Kuwait has scrapped the commercial licence of leading newspaper Al-Watan, which has been highly critical of the government, citing its failure to comply with legally required financial terms...
Al-Watan, owned by a member of the Al-Sabah ruling family, said on its website, which was still operating, that it had challenged the decision in court.

An urgent hearing had been set for Wednesday, it said. The decision was issued late on Monday by the ministry of commerce and industry, which said the newspaper had violated minimum capital requirements.

Under Kuwaiti law, the commercial licences of companies with losses worth more than 75 percent of their capital are cancelled.

The ministry said in a statement Tuesday that it had applied the law on a number of companies after warning them to rectify their financial position.

The state minister for cabinet affairs, Sheikh Mohammad Abdullah al-Sabah, told reporters outside parliament Tuesday that the decision was "not politically motivated".

Al-Watan, one of the largest dailies in Kuwait, is owned by former oil minister Sheikh Ali Khalifa al-Sabah, a member of the ruling family, and it is managed by his son Sheikh Khalifa.

The newspaper has traditionally supported the government, except in the past two years when it adopted a tougher line.

Source: AFP, via I-Net Bridge
Get a daily news update via WhatsApp or sign up to our newsletters.


I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: