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Briefing of KUNA main news for Tuesday until 12:00 GMT

KUWAIT -- Kuwaiti Minister of Finance Nayef Al-Hajraf says Canada is a favored destination for Kuwaiti investments because there have been bilateral ties at this level since the 70s of the past century.

KUWAIT -- Boursa Kuwait wrapped up Tuesday's session with the All Share Market Index shedding 56.22 points to settle at 57,254 points, with a 0.97 percent decline.

NEW YORK -- Kuwait reiterates its commitment to the UN Program of Action on small arms and its International Tracing Instrument. This has come in a speech by Kuwait's First Secretary Jarrah Jaber Al-Ahmad Al-Sabah to the UN at the "Arria-Formula" meeting on Western Balkans Small Arms.

KUWAIT -- Price of Kuwaiti oil went up USD 1.44 to USD 70.68 per barrel (pb) on Monday after being at USD 69.24 pb last Friday.

ALGIERS -- The Algerian parliament elects speaker Abdelkader Bensalah as an interim president succeeding the veteran leader Abdelaziz Bouteflika who has recently stepped down amid nationwide demonstrations calling for reforms (end) rk