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ABOUT
GULFWIRE
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GulfWire
is a public service of the National Council on
U.S.-Arab Relations and the U.S.-GCC Corporate
Cooperation Committee
Publisher
Dr. John Duke Anthony
Editor-in-Chief
Patrick W. Ryan
Deputy Editor
Connie R. Trisdale
Editorial Assistant
Margaret Philpot
Research Assistant
B. F. Hammock
GulfWire@ArabiaLink.com
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Council on U.S.-Arab Relations
President and CEO: Dr. John Duke Anthony
U.S.-GCC Corporate Cooperation
Committee
Secretary: Dr. John Duke Anthony
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Suite 1210
Washington, DC 20036
Tel: 202.293.0801
Fax: 202.293.0903
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News
- Region
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GCC
SUMMIT
"GCC leaders opened their 24th
annual summit here [Dec 21] with a
call by Kuwait's Prime Minister
Sheikh Sabah Al-Ahmad Al-Sabah to
fight terror.. .. The GCC's call to
fight terrorism comes after two bomb
attacks in Saudi Arabia, which
killed more than 50 people and
injured 200 others, and a series of
shootings in Kuwait. The leaders of
the Gulf Cooperation Council, which
groups Saudi Arabia, Bahrain,
Kuwait, Oman, Qatar and the United
Arab Emirates, are expected to
approve a joint statement on
combating terror.." Complete
report..
Also:
ABDULLAH
TO LEAD SAUDI DELEGATION TO GCC
SUMMIT
CONSOLIDATION
OF GCC IS SOURCE OF POWER FOR ITS
MEMBERS - HAMAD
~~GulfWire Link~~
24TH
ANNUAL GULF COOPERATION COUNCIL
SUMMIT -- OPENING DAY PRESS REVIEW -
GWP Dec. 21, 2003
NOTE:
GulfWire Publisher Dr. John Duke
Anthony is presently in the GCC
region to attend the 24th annual GCC
Summit in Kuwait City, Kuwait.
A report on his observations and
analyses of the summit's
deliberations and its results, as
well as his meetings with the
summiteers, will be forthcoming in
GulfWire.
US
TO ADD 2,000 EXTRA IRAQ TROOPS
"The United States says it is
sending about 2,000 extra troops to
Iraq and asking 3,500 more to stay
on longer. Pentagon officials said
the moves were designed to maintain
capabilities over the next few
months. The US military is to begin
a massive rotation of forces at the
start of next year that will see all
123,000 troops now in Iraq replaced
by fresh units.." Complete
report..
~~GulfWire Link~~
US
TO END IRAQ OCCUPATION BY JUNE - GWD
Nov 17, 2003
US
ARRESTS MORE IRAQIS; SABOTEURS
TARGET OIL
"US troops intensified a
crackdown on anti-American
guerrillas across volatile central
Iraq [Dec 21] as saboteurs attacked
fuel tanks and a pipeline,
heightening an already acute oil
crisis. Saboteurs, who have wreaked
havoc on US efforts to restore the
country's devastated infrastructure
after Saddam Hussein's fall, set the
fuel storage tanks ablaze in Baghdad
and ruptured the pipeline feeding
oil products to refineries in the
capital.." Complete
report..
U.S.
TO HIRE SCIENTISTS IN IRAQ TO AID
REBUILDING
"The United States announced a
new program [Dec 18] to hire Iraqi
scientists once involved in
developing weapons of mass
destruction, putting them to work on
reconstruction projects as a way of
preventing their defection to other
countries.. ..The project is modeled
on a program to prevent Russian and
other scientists from selling their
talents to other nations after the
Soviet Union's demise. That larger
effort has had mixed results over
the past dozen years, experts
said.." Complete
report..
BREMER
SURVIVES AMBUSH
"US administrator Paul Bremer
escaped a rebel ambush on his convoy
two weeks ago, authorities said [Dec
19]. An explosion, meanwhile, struck
the office of a major Shiite party,
killing an Iraqi woman.. ..Bremer
was riding in an armored car near
the Baghdad airport when a roadside
bomb exploded and guerrillas
attacked with small arms fire, but
his convoy sped away, said Dan
Senor, a spokesman for the US-led
coalition.." Complete
report..
MORE
THAN $1 BILLION IN IRAQI ASSETS
FOUND IN FOREIGN BANKS
"U.S. authorities have
identified more than a billion
dollars in Iraqi assets in banks in
Syria, Lebanon and Jordan and are
pursuing hundreds of leads in the
United States concerning possible
illicit financial transactions with
the former Iraqi government..
..Officials are pressing the hunt
for many billions more Hussein is
believed to have moved out of Iraq,
worried that those funds are going
to terrorist groups or are financing
Hussein loyalists' attacks on U.S.
troops.." Complete
report..
IRAN
SIGNS UP TO NUCLEAR CHECKS
"Iran has signed an agreement
with the United Nations, which will
allow tougher inspections of its
nuclear industry. The Iranians have
consented to the measure amid
concern that they are trying to
produce nuclear bombs - an
allegation the Islamic republic
denies.. ..The UN's nuclear watchdog
will receive more access to data and
greater powers, although snap
inspections - such as those in
pre-war Iraq - are ruled out.."
Complete
report..
~~GulfWire Link~~
U.S.
WARNS IRAN OVER NUKE PLANS - GWD Dec
8, 2003
FREEH
LINKS IRAN TO KHOBAR BOMBING
"Former FBI director Louis
Freeh testified [Dec 18] that he
believed there was 'overwhelming
evidence' that senior Iranian
government officials financed and
directed the 1996 Khobar Towers
bombing in Saudi Arabia.. ..The
former director took particular
interest in the investigation into
the bombing, traveling to Saudi
Arabia soon after the June 25, 1996
explosion.. ..Freeh said in a brief
interview that he rejects recent
theories that al Qaeda may have had
a role in the Khobar Towers
attack.." Complete
report..
DON'T
BOW TO U.S. ON REFORM, TOP ISLAMIST
TELLS GULF
"A leading Kuwaiti Islamist
parliamentarian on [Dec 20] urged
six Gulf Arab states with close ties
to Washington not to enact
educational reforms on U.S. orders
as part of a drive to fight terror.
Lawmaker Waleed al-Tabtabae called
on Gulf governments not to bow to
pressure from the West on education
reform, an issue high on the agenda
of a Gulf Cooperation Council (GCC)
summit meeting in Kuwait.." Complete
report..
US
'SEIZES AL-QAEDA DRUGS SHIP'
"A boat containing drugs
possibly linked to al-Qaeda has been
seized in the Gulf, the US military
says.. ..Twelve people on board were
detained after it was found to be
carrying almost two tons of hashish
valued at up to $10M, a CENTCOM
statement said. There were 'clear
ties' between the shipment and
al-Qaeda.." Complete
report..
ARABS
PUSH FOR ISRAEL TO DISARM
"Arab states have responded to
Libya's pledge to abandon its
nuclear, chemical and biological
weapons programs by demanding that
Israel do the same. Egypt said
Israel should eliminate all its
weapons of mass destruction, while
Iran said Israel should be forced to
follow Libya's example. Israel has
never confirmed that it has nuclear
weapons, but is widely believed to
possess dozens of nuclear
warheads.." Complete
report..
SHARON
THREAT SEEN AS MAJOR PROBLEM
"Israeli Prime Minister Ariel
Sharon's threat this week to
unilaterally separate Israelis and
Palestinians, if negotiations
falter, poses a new and significant
challenge to U.S. diplomacy in the
region.. ..While Sharon professed
that he is committed to the
U.S.-backed peace plan known as the
road map -- which he has disdained
for months -- the long-stalled peace
initiative could well be buried by
the steps he outlined in the speech,
analysts said. In fact, Sharon
significantly shortened the
timetable for action -- "a few
months" -- on a plan that is
supposed to take effect over three
years.." Complete
report..
CALL
TO ROOT OUT CAUSES OF TERRORISM
"Members of the Islamic Fiqh
Academy, who concluded their
seven-day deliberations in Makkah
[Dec 17], emphasized the need to
remove the conditions that breed
terrorism and extremism by
implementing Shariah. The academy,
an affiliate of the Makkah-based
Muslim World League, called for a
meeting of scholars in the Muslim
world to streamline fatwas
(religious edicts) on contemporary
issues.." Complete
report..
GULF
COUNTRIES SET TO GET COMMON
INDUSTRIAL LAW
"The six GCC states are soon to
have a common industrial law
including industrial licensing, a
move that would give a further
fillip to regional unification. A
senior government official involved
with industry said it will come up
for ratification at the summit in
Kuwait next week.." Complete
report..
~~GulfWire Link~~
IN
THEORY: GCC COOPERATION REACHES A
CRUCIAL JUNCTURE - GWD Nov 24, 2003
U.S.
SURVEYS RELIGIOUS FREEDOMS WORLDWIDE
"A number of Muslim countries,
including Saudi Arabia, Iran and
Pakistan, show little tolerance for
religions not sanctioned by the
government, a State Department study
said [Dec 18].. ..The report covered
the status of international
religious freedom worldwide.." Complete
report..
~~GulfWire Link~~
U.S.
'DECIDES NOT TO BLACKLIST KINGDOM
OVER RELIGIONS' - GWD Mar 10, 2003
SAUDI
'TO RELEASE DETAINED BAHRAINIS'
"A Bahraini, who was arrested
by Saudi public security at the King
Fahad Causeway border check-post in
July, is expected to be released by
the Saudi authorities.." Complete
report..
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News
- Bahrain
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SCUFFLES
BREAK OUT AT RIGHTS PROTEST IN
BAHRAIN
"Several thousand Bahrainis
marched on {Dec 17] to denounce past
human rights abuses in the
pro-Western Gulf Arab state in an
angry protest that led to scuffles
between some demonstrators and
security forces.. .. Angry
protesters, mainly from the Shi'ite
Muslim majority, chanted slogans
against some of the country's Sunni
Muslim rulers.. ..Bahrain saw
Shi'ite-led unrest in the 1990s and
some sectarian tensions still remain
despite reforms by King Hamad bin
Isa al-Khalifa including the release
of political prisoners.." Complete
report..
Also:
BAHRAIN
RIOTERS THROW PETROL BOMBS AT POLICE
RIOTS
IN BAHRAIN AGAINST POP CONCERT
BAHRAIN
DENIES REPORT ON USE OF FORCE
AGAINST RIOTS
~~GulfWire Link~~
POP
CONCERT IN BAHRAIN TRIGGERS VIOLENT
PROTESTS - GWD Oct 27, 2003
BAHRAIN-YEMEN
TO FORM SOCIETY
"A Bahraini-Yemeni
Parliamentary Society will soon be
formed in Manama and Sana'a after
the chairmen of both Parliaments
signed a mutual agreement [Dec 20].
Based on the agreement, both
countries could exchange
legislation, announce joint
decisions in areas which interest to
both nations and develop and bolster
bilateral ties between them.." Complete
report..
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News
- Kuwait
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ARAB
LEAGUE CHIEF HOPES TO END ROW WITH
KUWAIT
"Arab League chief Amr Moussa,
embarking on his first official
visit to Kuwait since the Iraq war,
said in remarks published on [Dec
20] he hopes to achieve
reconciliation with the Gulf Arab
state.. ..Moussa, one of the
fiercest opponents of the U.S.-led
war to oust Saddam Hussein, was
accused by Kuwait in the run-up to
the war of showing bias towards
Iraq. Kuwait's foreign minister said
Moussa had offended the oil-rich
country, which was freed from Iraqi
occupation by a U.S.-led coalition
in 1991, and a Kuwaiti
parliamentarian had said Moussa had
'sold' himself to Saddam.." Complete
report..
~~GulfWire Link~~
'ALL
PROBLEMS OVERCOME', MOUSSA TO VISIT
KUWAIT SOON' - GWD Apr 28, 2003
AMERICANS
IN KUWAIT URGED TO BE ALERT
"The U.S. embassy in Kuwait has
urged Americans in the Gulf Arab
state to be vigilant following gun
attacks on U.S. military vehicles
earlier this week.. ..While
Kuwait authorities and the U.S.
military investigate the attacks,
the embassy said U.S. citizens
should avoid unnecessary travel to
installations used by U.S.
forces.." Complete
report..
KUWAIT
BOOSTS SECURITY FOR GCC SUMMIT
"Kuwait [Dec 18] boosted
security measures to the highest
level ahead of [Dec. 21-22] GCC
Summit.. ..Interior Minister Shaikh
Nawaf Al Ahmed Al Sabah told
parliament' interior and defense
panel that a comprehensive security
plan was in place for the summit and
the Gulf Cup soccer tournament the
country will host from December 24
to January 11.." Complete
report..
KUWAIT
MAN IDENTIFIED AS SHOOTER IN ATTACKS
"Kuwaiti authorities have
arrested four people suspected of
involvement in separate gun attacks
on two U.S. convoys and a bus
carrying expatriate Asian and Arab
workers in Kuwait.. ..police
arrested a suspected gunman, a
29-year-old Kuwaiti, and three
alleged accomplices.. ..police
believed he was the gunman who fired
on U.S. military convoys outside
Kuwait City [Dec 14].." Complete
report..
~~GulfWire Link~~
US
ARMY TRUCKS ATTACKED IN KUWAIT - GWD
Dec 15, 2003
U.N.
OKS $1.4B FOR IRAQ KUWAIT VICTIMS
"A United Nations panel has
approved paying an additional $1.4
billion in damages to the victims of
Iraq's 1990 invasion of Kuwait..
..About $1 billion will go to Kuwait
and Saudi Arabia to pay for
environmental cleanup resulting from
oil-well fires, oil spills and other
pollution caused by Iraq, said Joe
Sills, a spokesman for the U.N.
Compensation Commission. Approval
has been given for claims payments
of $48 billion. The money used for
the payments comes from Iraqi oil
sales, and $18 billion has been
handed out so far.." Complete
report..
~~GulfWire Link~~
KUWAIT
SNUBS $150M IRAQI OFFER - GWD Oct
20, 2003
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News
- Oman
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TOURISM
SECTOR TARGETS 80PCT OMANIZATION BY
2007
"Oman is set on achieving a
target of 80 percent Omanization in
the tourism sector by 2007, Mohsin
bin Khamis Al Baloushi,
undersecretary for tourism, has told
the Times of Oman. 'It should not be
less than 80 percent, that is the
targeted percentage by 2007,' he
said. 'We would like to see it met,
but nobody can predict the
future..'" Complete
report..
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News
- Qatar
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SUDAN
SHUTS DOWN AL JAZEERA BUREAU
"The Sudanese authorities on
[Dec 18] decided to close
Al-Jazeera's bureau in Khartoum
without giving any reason and
arrested Islam Salih, the bureau
chief.. ..Salih had recently
received threats from the security
forces over Aljazeera's political
coverage of Sudan.." Complete
report..
~~GulfWire Link~~
IRAQ
BAN FOR AL-JAZEERA, AL-ARABIYA - GWD
Sep 29, 2003
BUSH
LIBRARY RECEIVES ROYAL GIFT FROM
QATAR
"..Her Highness Sheikha Mozah
Bint Nasser Al Missned of Qatar at
the George Bush Presidential
Library.. the speaker at [Dec. 19] 2
p.m. graduation at Texas A&M
University and will also receive an
honorary degree from the university.
A&M officials did not reveal the
amount of the donation.." Complete
report..
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News
- Saudi Arabia
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WARNING
TO US DIPLOMATS IN SAUDI
"The United States has said it
will allow its non-essential
diplomats to leave Saudi Arabia due
to increased security concerns. It
has also advised American citizens
in the country to consider leaving..
..Earlier this month, the US put its
diplomats in Saudi Arabia on a
heightened state of alert due to
security concerns there. Last month,
18 people died when suicide bombers
targeted a foreign workers' compound
in the city.." Complete
report..
Also:
AMERICANS
ADVISED ON LEAVING SAUDI ARABIA
~~GulfWire Link~~
TERRORISTS
EYE RIYADH RESIDENTIAL COMPOUND,
CLAIMS US EMBASSY - GWD Dec 8, 2003
SAUDI
MINISTRY ORDERS POLLS IN TRIBAL
REGION
"..After the announcements that
at least one-third of the municipal
bodies members' would be elected
through ballot and indications that
some members of the Majlis-e-Shura
(the Consultative body) could also
be elected through a popular voting
process, it seems that even the
remotest corner of the otherwise
tribal Saudi Arabia are also opening
up to the idea of polls to elect
their leaders.." Complete
report..
~~GulfWire Link~~
ELECTIONS
IN A YEAR - GWD Oct 20, 2003
NATIONAL
DIALOGUE
"The second round of
intellectual dialogue will be held
in Makkah from Dec. 28 to Jan. 1,
according to Faisal Muammar,
secretary-general of King Abdul Aziz
National Dialogue Center. He said
local media would be allowed to
report on the dialogue, which would
cover 15 working papers.." Complete
report..
~~GulfWire Link~~
FIRST
NATIONAL DIALOGUE CENTER ESTABLISHED
- GWD Aug 11, 2003
UNPRECEDENTED
PUBLIC FERMENT AMONG ONCE-SILENT
SAUDIS
"The capital is abuzz.
Everywhere, it seems, from sidewalk
cafes to women's salons behind
closed doors, Saudis are talking
about societal changes.
Religious extremism and democratic
and educational reforms, as well as
women's issues, are paraded for
public discussion in what has long
been one of the most tight-lipped
and tightly controlled lands in the
Middle East. While actual political
reform may be moving at a snail's
pace by Western standards, the new
degree of openness is earthshaking
here.." Complete
report..
PRINCE
DIES IN ACCIDENT
"Prince Muhammad ibn Khaled ibn
Abdullah ibn Muhammad ibn Abdul
Rahman died yesterday at the age of
36 following a road accident, the
Royal Court said. Funeral prayers
for the late prince will be held at
the Imam Turki ibn Abdullah Mosque
here Dec 20]."
Complete
report..
JAMEEL
WINS LIBEL CASE AGAINST WSJ EUROPE
"In a landmark decision in the
London High Court on [Dec 19],
Mohammed Jameel, president of the
Abdul Latif Jameel Group, won a
libel case against the Wall Street
Journal Europe.. ..The proceedings
related to an article headed
"Saudi Officials Monitor
Certain Bank Accounts" that was
published in the Wall Street Journal
Europe on Feb. 6, 2002. The article
alleged that the ALJ Group was
"one of a number of prominent
Saudi businesses which were being
monitored by the Saudi banking
regulators" at the request of
US law enforcement agencies.." Complete
report..
KINGDOM
TO LAUNCH NEWS TV CHANNEL
"Saudi Arabia will launch its
own satellite news TV channel early
next year, it was announced [Dec
16]. Culture and Information
Minister Dr. Fouad Al-Farsy said the
new channel would offer continuous
coverage of international news and
current affairs.. ..A portion of
programs would be devoted to
covering events in the Kingdom, he
added. Al-Farsy said the channel
would air live talk shows about
topical issues in addition to
recorded programs on the Kingdom and
other countries.." Complete
report..
SAUDI
ARABIAN INTERNATIONAL SCHOOL TO
CLOSE
"The Saudi Arabian
International School (SAIS) is to
close. Saudi Arabian Airlines, the
school sponsor, has decided that the
school is redundant and will cease
to function at the end of the
2003/04 school year.. ..Known as the
American School, it has been in
existence for 52 years, is fully
accredited by Middle States
Association of Colleges and Schools
and has 717 pupils.." Complete
report..
BUDGET
FOCUSES ON EDUCATION
"Education and training got the
lion's share in Saudi Arabia's 2004
national budget, which projected
revenue at SR200 billion ($53.3
billion) and expenditure at SR230
billion ($61.3 billion). The deficit
budget, which was endorsed by the
Council of Ministers chaired by
Custodian of the Two Holy Mosques
King Fahd in Riyadh [Dec 15],
earmarked SR63.65 billion ($16.97
billion) for general education,
higher education and manpower
training.." Complete
report..
~~GulfWire Link~~
SAUDI
EDUCATION SYSTEM - GWD Feb 3, 2003
FINANCE
MINISTRY OUTLINES BUDGET PRIORITIES
"To coincide with the
announcement of the new budget, the
Ministry of Finance [Dec 15]
published a review of government
revenues and expenditure for 2003
and 2004.." Complete
report..
Also:
REPORT
RAISES CONCERN AT HIGH LEVEL OF
RECURRENT GOVERNMENT SPENDING
GERMAN
LANGUAGE CENTER SET UP
"A new German language center
has been established under the
auspices of the recently formed
Saudi German Business Group and the
German Consulate. It began offering
courses in November.. ..The consul
general believes the language
courses will prove useful for Saudis
because there are business
opportunities and educational
opportunities in learning
German.." Complete
report..
~~GulfWire Link~~
SULTAN
TO OPEN SAUDI-GERMAN HOSPITAL IN
MADINAH - GWD Nov 10, 2003
KINGDOM,
SRI LANKA SIGN LANDMARK DEAL
"Dr. Nizar Obaid Madani, the
Kingdom's assistant minister of
foreign affairs, wrapped up his
three-day visit to Sri Lanka [Dec
18] by signing a landmark accord to
boost relations in the commerce,
science, culture and youth affairs..
..A joint economic commission set up
under the agreement will hold its
maiden meeting sometime next
year.." Complete
report..
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News
- UAE
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EXPATS
CAN SOON VOLUNTEER FOR CIVIL DEFENSE
TEAMS
"Expatriates will soon be
allowed to assist Civil Defense as
volunteers during natural and
manmade disasters. The decision
follows amendments to a federal law
calling UAE nationals to volunteer
for Civil Defense during
emergencies.
The long-awaited amendments were
last week approved by the Federal
National Council with minor
changes.." Complete
report..
DUBAI
DESERT CLASSIC PRIZE MONEY REACHES
$2 MILLION
"Prize money for next year's
Dubai Desert Classic will reach $2
million for the first time in the
tournament's history, organizers of
the event said [Dec 21]. World
number one Tiger Woods said earlier
this month he would compete in the
event scheduled for March 4-7 after
opting out this year due to the Iraq
crisis.." Complete
report..
ISLAMIC
FINANCE'S BIGGEST EVENT RETURNS TO
DUBAI
"The most important
international networking event in
the calendar of the multi-billion
dollar global Islamic finance sector
is set to return to the United Arab
Emirates early next year. Close to
1,000 of the world's top Islamic
finance practitioners from more than
40 countries attended the two
International Islamic Finance Forum
events in Dubai and Istanbul during
2003. The first Forum of 2004 will
take place from 6 to 9 March in
Dubai and the organizers predict
that it will be the biggest and most
successful yet.." Complete
report..
HALF
OF UAE CITIZENS HAVE THALASSAEMIA
"Nearly half of all citizens of
the United Arab Emirates (UAE) have
thalassaemia, a hereditary genetic
condition that causes abnormal red
blood cells and possibly severe
anemia.." Complete
report..
UAE
UNIVERSITY PROFESSORS WIN US
ARCHITECTURAL JOURNAL AWARD
"A research paper by two UAE
University (UAEU) professors on
Mashrabiy'ya, a Middle Eastern
architectural device, has won an
'Outstanding Article of the Year
2004' award in the US. The paper
presents Mashrabiy'ya - the
partition or screen through which
women can look outside while being
hidden from the gaze of others due
to the design of the partition -
from a non-conventional standpoint.
While Mashrabiy'ya is promoted as a
typical motif of the East, making it
a mark of subjugation and
confinement, the authors held it
otherwise.." Complete
report..
UAE
RECEIVES BRUNEI'S DECISION ON
FREE-ENTRY OF UAE CITIZENS
"The UAE has received Brunei's
decision to allow UAE citizens enter
its territory and stay for 30 days
without requirements of visa. In
March Brunei joined the list of
countries, which have agreed to the
UAE's proposal of exempting UAE
citizens of pre-entry visa
requirements. Brunei's move was in
response to a UAE decision to give
citizens of Brunei free entry along
with other 33 nationalities.." Complete
report..
UAE
TRANSPORTS IRAQI REFUGEES IN
PAKISTAN TO IRAQ
"Iraqi refugees stranded in
Pakistan for over seven years for
their political opposition to former
Iraqi regime were at last went home
thanks to UAE President H.H. Sheikh
Zayed bin Sultan Al Nahyan, who
ordered the repatriation operation
in response to an international
appeal to the UAE for help.. ..The
Iraqis were forced to stay in
Pakistan after the ex-Iraqi regime
refused to renew their
passports.." Complete
report..
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Link
of the Week / GulfWire
Flashback - Four Years of GW
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LINK
OF THE WEEK
Saudi-American
Forum
The
Saudi-American Forum is an
information service designed to
provide timely information --
background and current issues --
impacting the Saudi-U.S.
relationship.
The Forum is a resource for
Americans who value the relationship
between the United States and Saudi
Arabia and who want to act in
response to erroneous and misleading
depictions of the relationship in
the media and elsewhere. The
Forum is a vehicle for stakeholders
in the Saudi-U.S. relationship to
contribute their experiences and
their ideas and opinions on the
issues of the day.
[more]
<<ONE
YEAR AGO>>
GULFWIRE DIGEST (#176) WEEK OF DEC
23, 2002
DOWNGRADED
GULF SUMMIT CONVENES TO THE BEAT OF
US WAR DRUMS
"The annual year-end summit of
the six Gulf Arab monarchies is to
open here Saturday without most of
the heads of state from the oil-rich
bloc, despite mounting prospects of
a US-led war against Iraq. Only
outgoing Gulf Cooperation Council
(GCC) chairman Oman and host Qatar
will be represented at head of state
level during the two-day meeting,
whose agenda will be topped by the
Iraqi crisis, the
Israeli-Palestinian conflict and an
imminent GCC customs union.."
<<TWO
YEARS AGO>>
GULFWIRE DIGEST (#127) WEEK OF DEC
23, 2001
GCC
SUMMIT TO TAKE FIRM ANTI-TERROR
STAND
"GCC leaders holding their 21st
summit in Oman next week are
expected to issue a strong statement
condemning terrorism, diplomats said
yesterday. "According to my
information, the GCC leaders are
going to their summit with terrorism
high on their agenda," a
UAE-based Arab diplomat said.
"I expect a strong statement
against terrorism and a pledge to do
their best to support anti-terror
efforts... but they will also
emphasize the need to deal with
terrorism in all its forms,
including state terrorism.."
<<THREE
YEARS AGO>>
GULFWIRE DIGEST (#77) WEEK OF DEC
25, 2000
GCC
MINISTERS MEET IN BAHRAIN TO
COMPLETE SUMMIT AGENDA
"The six GCC foreign ministers
will meet [in Bahrain] again on
December 28 to put the final touches
to the agenda of the upcoming
two-day Gulf Cooperation Council
summit which is expected to focus on
creating a strong joint economy and
breathing life into unimplemented
laws. The GCC leaders are to meet in
Manama December 30-31.."
<<FOUR
YEARS AGO>>
GULFWIRE DIGEST (#24) WEEK OF DEC
20, 1999
POLITICAL
REFORM IN BAHRAIN
"On the occasion of Bahrain's
National Day on Thursday, Emir
Shaikh Hamad bin Isa Al Khalifa said
he would revive the municipal
election system as the 'correct
start of popular representation,'
according to Friday's Khaleej Times.
Shaikh Hamad said, "We want a
renewal of Bahrain's renaissance in
public administration, the economy
and trade, and also in fields of
education, thought, social life, and
the progress of women, and all the
systems and institutions in which
Bahrain has been a leader.."
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Business
- Region
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[GulfWire]
ENERGY FUTURES - 12.19.03
Light Crude (NYM) $33.02 bbl UP from $32.45
bbl on 12.12.03
Brent Crude (IPE) $30.05 bbl UP from $29.73
bbl on 12.12.03
Heating Oil (NYM) $.9465 gal UP from $.91 gal
on 12.12.03
Natural Gas (NYM) $7.023 mmbtu UP from $6.76
mmbtu on 12.12.03
Unleaded Gas (NYM) $.9197 gal UP from $.885
gal on 12.12.03
Source:
CNNfn

The Best Energy Resource in the World:
Country
Analysis Briefs
by DOE/EIA
OPEC
CHIEF SAYS US PUSHING FOR NO CUT IN OIL OUTPUT
"OPEC President Abdullah Al-Attiyah said
on [Dec 19] the Bush administration raised
concerns with him that oil demand will be
strong next year and 'indirectly' asked the
group not to cut output.. ..The Bush
administration is concerned that higher prices
would 'negatively' affect US economic growth,
Attiyah said. High oil prices could also
become a politically sensitive issue in the
2004 US presidential election campaign.."
Complete
report..
~~GulfWire Link~~
OPEC
MAY HIKE OUTPUT IF OIL PRICE STAYS ABOVE $28 A
BARREL - GWD Oct 20, 2003
OPEC
MEMBERS SHIFT FOCUS TO LNG AS DEMAND RISES
"Some of OPEC's biggest members shifted
their attention from crude oil to liquefied
natural gas exports [Dec 17] at a Bush
administration meeting that aims to boost US
imports of the refrigerated fuel.. ..Energy
ministers from Saudi Arabia, Indonesia,
Venezuela, Algeria and Qatar - key members of
the OPEC - will be among 22 nations at the
two-day meeting to discuss ways to ramp up
exports to the US market.." Complete
report..
~~GulfWire Link~~
GULF
LNG OUTPUT TO GROW AS ASIAN DEMAND CLIMBS -
GWD Jan 20, 2003
REGION
MOVES CLOSER TOWARDS MONETARY UNION
"The Gulf States have moved closer
towards monetary union and a single currency
with [Dec 20] announcement of the launch of a
technical committee to push the initiative
forward.. ..under the chairmanship of Mohammed
Al Meraikhi. The board reviewed a report on
the GCC monetary union and the steps taken so
far. They include the formation and setting
forth of terms of reference of a technical
committee of representatives of GCC ministries
of finance and central banks, together with
proposed criteria to bring the economic
performances of GCC states closer to each
other - a stage which precedes the creation of
a monetary union and establishment of a single
currency.." Complete
report..
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Business
- Bahrain
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MICROSOFT
TO TRAIN 1,000 TEACHERS
"Microsoft and the Ministry of Education
[Dec. 20] signed a major project for providing
training to about 1,000 teachers in Bahrain..
..The signing of this landmark agreement with
the Ministry of Education means that Microsoft
will help the Government's 'Schools for the
Future' initiative and support the drive to
open up resources and understanding amongst
teachers of the latest technologies and the
benefits these technologies can bring to their
students' education.." Complete
report..
BMA
HINTS AT REVAMPING COMPANY AFFAIRS POLICIES
"New policies may be brought in to govern
the way companies are run in Bahrain. The
Bahrain Monetary Agency (BMA) may revamp
policies related to corporate governance in
the new year, Governor Shaikh Ahmed bin
Mohammed Al Khalifa said [Dec 20].." Complete
report..
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Business
- Kuwait
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PERFORMANCE
OF KUWAITI BANKS IMPROVES
"In the months that have elapsed since
the end of the war in Iraq, Kuwait has
witnessed increased activity in most of the
sectors. Banking sector, which had been
amongst the best performing sectors of the
economy, has seen increased profits from
investments and balance sheet restructuring,
despite the prevailing low interest rates..
..The aggregate balance sheet size of local
commercial and specialized banks was higher by
10.22 percent during the nine-month period
ending September 2003 as compared to the same
period last year.." Complete
report..
KUWAIT
UNDERSPENDS BUDGET
"In its latest economic brief on public
finance, National Bank of Kuwait reports that
the preliminary government budget figures
released by the Ministry of Finance for the
first six months of fiscal year 2003/04
(FY03/04) show a surplus of KD 1.69 ($5.76)
billion.. ..The result reflects major
improvement: A sizeable rise in oil revenues
coupled with an unanticipated drop in spending
contributed to widening the surplus by 70%
compared with the first six months of
FY02/03.." Complete
report..
KINGDOM'S
REFORMS TO BOOST INVESTMENT IN VARIOUS SECTORS
"..the highlights of the Kuwait-based
Global Investment House's (GIH) first report
on the Economic & Strategic Outlook of the
Kingdom. Arab News serializes the report in
three parts, beginning with the first part
[Dec 21]. The report's second part will appear
[Dec 22] and the concluding part on [Dec
23].." Complete
report..
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Business
- Oman
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BANKMUSCAT
ACQUIRES CITIBANK'S PERSONAL LOAN PORTFOLIO IN
OMAN
"BankMuscat has acquired Citibank's
personal loan portfolio in the Sultanate. The
acquisition deal followed a detailed period of
due diligence in order to ensure a smooth
transition to BankMuscat and has already been
fully communicated by Citibank management to
all customers.. ..The bank's total assets
(including overseas operations) as on
September 30, 2003 rested at $3,849 million
and shareholders' funds at $432
million.." Complete
report..
~~GulfWire Link~~
OMAN'S
BANKING SECTOR ON SOUNDER FOOTING FOR 2004 -
GWD Oct 27, 2003
$800M
METHANOL PROJECT TO BE SET UP IN OMAN
"Oman's ambitious plans to create a heavy
industry base in the country using its
abundant natural gas reserves as the feedstock
received a timely boost with the signing here
on [Dec 17] of a joint venture agreement for
setting up a methanol project involving a
total capital outlay of around $800 million in
Sohar in the Batinah region.. ..Seventy per
cent of the cost will be financed through
loans and the rest raised by promoters who
said they expected financial closure for the
first phase early in the third quarter of next
year.." Complete
report..
GOVT
EMBARKS ON MAJOR TOURISM PLAN FOR MUSANDAM
"The government of the Sultanate of Oman
has embarked on an ambitious tourism
development plan for Musandam, which is
situated in the Northern tip of the Sultanate,
near the Strait of Hormuz. The investment for
this spectacular winter getaway will be
included in the RO50 million outlay earmarked
for tourism development in the Sultanate,
Mohsin bin Khamis Al Balushi, undersecretary
of tourism told Times Business. 'We will be
developing Musandam - fondly known as the
Norway of Arabia - within this and the next
five year plans'.." Complete
report..
~~GulfWire Link~~
GCC
INSIGHTS: OMAN SEEKS TO BOOST TOURISM INDUSTRY
- GWD Aug 11, 2003
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Business
- Qatar
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GAS
GIANT QATAR HAS EXPORT SIGHTS SET HIGH
"The tiny Gulf state of Qatar is set for
a boom in gas exports that will make it a top
cross-regional supplier in an increasingly
globalized market, as well as helping it
diversify away from modest crude oil
resources. Industry figures say the country's
drive to exploit its reserves -- at least the
world's third largest behind Russia and
possibly Iran -- for export out of its region
has stolen it a march on rival producers, and
will help keep down prices in ever more hungry
gas markets.." Complete
report..
~~GulfWire Link~~
GCC
INSIGHTS: QATAR CONSOLIDATES ITS GAS SECTOR
DEVELOPMENT - GWD Dec 15, 2003
QATAR
AIRWAYS WINS RIGHTS BETWEEN SINGAPORE AND CEBU
"Qatar Airways has won the right to carry
passengers between Singapore and Cebu City in
the Philippines, following tough negotiations
with the Civil Aeronautics Board (CAB) of the
Philippines.." Complete
report..
~~GulfWire Link~~
INTERVIEW:
QATAR AIRWAYS FLYING ON SOUND STRATEGY - GWD
Dec 1, 2003
QNCC
PLANS $120M EXPANSION IN FEBRUARY
"Qatar National Cement Company's third
expansion project is to be implemented by
February next year at a cost of approximately
$120M.. ..the expansion project would be
implemented in two phases, the first of which
involves a plant that will take eight to
twelve months to build and once this phase is
completed by the end of 2004 QNCC will cease
to import cement as its production capacity
would have been increased by 100 percent.
The second phase by the end of 2005 will mark
the completion of the entire project.." Complete
report..
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Business
- Saudi Arabia
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KINGDOM
SIGNS WTO PACTS WITH 7 NATIONS
"Saudi Arabia has made progress in its
bid to join the World Trade Organization (WTO)
early next year. It has signed bilateral
agreements with seven countries bringing the
total number of accords to 24, the commerce
and industry minister said.. ..The agreement
with the United States is the last major
bilateral hurdle for the Kingdom before it
joins the WTO, the global trade body set up in
1995 to lower barriers to the exchange of
goods and services among members. It signed
the deal with the European Union in
August.." Complete
report..
~~GulfWire Link~~
GCC
INSIGHTS: SAUDI ARABIA'S ENTRY INTO WTO ALL
SET - GWD Sep 8, 2003
SAUDI
ARAMCO LAUNCHES US$533M INDEPENDENT POWER
PROJECT
"Saudi Arabia's state-owned oil and gas
giant Aramco said it has launched a private
finance initiative worth 2 billion riyals (533
million dollars) to build power stations
supplying four of its industrial sites in the
kingdom's Eastern province.. ..According to
official estimates, the Saudi power sector
requires investments of more than 90 billion
dollars until the year 2023.
The Saudi electricity sector has been
undergoing major restructuring following the
complete lifting in April 2000 of government
subsidies for electricity.." Complete
report..
SAUDI
ARABIA BOOSTS INVESTMENT IN BONDS
"Saudi Arabia has sharply boosted its
investment in local and foreign securities to
offset a steep decline in interest rates while
a surge in oil prices propped up its overall
financial assets and reserves.. ..Strong oil
prices over the past three years also enabled
the world's oil powerhouse to replenish its
cash reserves with the International Monetary
Fund after they plummeted to their lowest
level at the end of 1998 because of weak crude
prices.." Complete
report..
SAUDI-RUSSIAN
TALKS FOCUS ON INVESTMENT IN 'IT',
CONSTRUCTION
"A 44-member Russian delegation, led by
former Prime Minister Yevgeny Primakov, held
talks at the Council of Saudi Chambers of
Commerce and Industry (CSCCI) [Riyadh, Dec
17]. The two sides concentrated on identifying
trade and investment opportunities, especially
in the electricity and water, IT and
construction sectors.. ..Saudi-Russian trade
and economic ties have remained low. Earlier
this year, Russia's petroleum giant
Stroitangas entered into a joint venture with
Saudi Oger for the construction of pipelines
and oil and gas exploration in the Kingdom and
other Arab and African countries.." Complete
report..
~~GulfWire Link~~
RUSSIA
EXPECTS $60B SAUDI INVESTMENT - GWD Sep 15,
2003
JEDDAH
ECONOMIC FORUM TO HIGHLIGHT BURNING ISSUES
"The fifth annual Jeddah Economic Forum (JEF)
will be held at the Jeddah Hilton from Jan.
17-19. Some 60 speakers are scheduled to
address the group and over 1,000 official
delegates are expected to attend.. ..The forum
will be attended by hundreds of the region's
businessmen and businesswomen, regional and
international political leaders, government
officials, economists and educators.." Complete
report..
~~GulfWire Link~~
RIYADH
FORUM TO FOCUS ON INVESTMENT IN FOUR KEY
SECTORS - GWD Jun 23, 2003
ASIR
WATER CONTRACTS SIGNED
"Water problems in the Asir region, which
has more than two million inhabitants and
attracts another two million tourists
annually, will be solved in five years, says
Water and Electricity Minister Dr. Ghazi
Al-Gosaibi.. ..he said new projects would
increase water supply in the region to 240,000
cubic meters.. ..Saudi Arabia is now the
world's largest producer of desalinated water.
Desalination meets 70 percent of the Kingdom's
present drinking water needs. Several new
desalination plants are under
construction.." Complete
report..
~~GulfWire Link~~
KINGDOM
KEEN TO PROVIDE WATER TO ENTIRE POPULATION -
GWD Dec 30, 2002
2,500
SAUDI COMPANIES SHIFT TO DUBAI
"A prominent Saudi businessman yesterday
decried the flight of capital funds from the
Kingdom and urged authorities to take
effective steps to attract domestic and
foreign investments. More than 2,500 Saudi
companies have chosen to establish investment
projects in Dubai rather than Saudi Arabia
during the past three years.. ..Abdul Mohsen
Al-Hokair, chairman of Al-Hokair Group.. ..
urged authorities to step up efforts to
promote domestic tourism and encourage Saudis
to spend their holidays at the Kingdom's
resorts, pointing out that Saudi Arabia is the
biggest exporter of tourists in the Arab
world.." Complete
report..
~~GulfWire Link~~
SAUDI
ARABIA EXPECTS OVER $900B IN FOREIGN
INVESTMENT - GWD Jul 28, 2003
JEDDAH
MOTOR SHOW OPENS
"Minister of Transport Dr. Jabara
Al-Seraisry [Dec 21] opened the silver
anniversary of the Jeddah International Motor
Show.." Complete
report..
MITSUI
TO BUILD SAUDI ARABIA POWER PLANTS
"Mitsui & Co has won a 50 billion yen
($463.4 million) order to build four thermal
power generation plants for state-owned Saudi
Arabian Oil Co.. ..This is the first such
contract for a Japanese company in Saudi
Arabia in eight years, the report said. Mitsui
will act as the prime contractor, but will
pass on some of the construction work to
Hyundai Heavy Industry Co of South
Korea.." Complete
report..
INCOME
TAX LAW SIGNIFICANT: AL-ASSAF
"Saudi Arabia's income tax law will be
approved shortly, Finance Minister Dr. Ibrahim
Al-Assaf announced [Dec 20]. 'The income tax
law is an important one and investors expect
such laws'.. ..He said pegging the Saudi riyal
to the US dollar was in the interest of the
Kingdom's economy.." Complete
report..
SCRAP
MALE AGENT REQUIREMENT, SAY WOMEN INVESTORS
"Saudi women are pushing for permission
to operate their own businesses without a male
agent. They worry the agents find it easy to
cheat them and harm their ventures. Hussa
Al-Aun, chairwoman of Al-Bidaya Company for
Trade and Industry and member of the
businesswomen's committee at the Jeddah
Chamber of Commerce and Industry, said the
commerce and industry minister responded
positively to an application from the
committee to consider the matter.." Complete
report..
~~GulfWire Link~~
ARAB
WOMEN ARE BREAKING NEW GROUND IN ALL FIELDS -
GWD Jul 14, 2003
SAUDI
ARABIA BANS DOLLS, STUFFED ANIMALS
"Saudi Arabia has banned the importation
of female dolls and stuffed animals, giving
merchants three months to dispose of such
stock.. ..Interior Minister Prince Nayef
ordered the ban which was relayed around the
country by the national Chamber of Commerce
and Industry, Al-Riyadh said. The daily
gave no reason for the ban, which could not be
confirmed with government officials [Dec
17].." Complete
report..
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Business
- UAE
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UAE
AIMS TO EASE FOREIGN INVESTMENT CURBS
"The UAE is pushing ahead with a plan to
tear down foreign investment barriers by
eliminating compulsory national partnership
and allowing full ownership by foreigners in
some projects.. ..The government has drafted a
more liberal foreign direct investment (FDI)
law that will give investors from outside the
UAE a greater access to the local market and
allow them to benefit from business growth in
the region following the creation of the GCC
customs union early this year.." Complete
report..
~~GulfWire Link~~
UAE
REOPENS BANKING SECTOR TO FOREIGN FIRMS - GWD
Sep 15, 2003
AIR
ARABIA EMERGES WITH FLYING COLORS IN ITS FIRST
TWO MONTHS
"Air Arabia, the Sharjah government-owned
budget airline, has been hailed a success
since its launch two months ago. More than
18,000 travelers have used the low-cost
carrier - the first of its kind in the Middle
East and North Africa - since operations got
off the runway last November.. ..Buoyed by its
success the airline is expanding its services
and [Dec 20] announced additional flights to
Beirut, Damascus and Iran.." Complete
report..
~~GulfWire Link~~
AIR
ARABIYA TO LAUNCH FLIGHTS ON OCTOBER 28-GWD
Sep 1, 2003
UAE
BOND MARKET TO GET BIG BOOST
"The move by Emirates to list its
forthcoming bond on the Luxembourg market is a
huge boost for the fledgling bond market in
the UAE, which has yet to see any sizeable
bonds despite the prospect being repeatedly
flagged.. ..Emaar Properties launched its
first-ever Islamic Ijara Sukuk (Islamic bonds)
facility, worth Dh184 million ($50 million),
to fund its expanding portfolio of new
commercial and residential projects.." Complete
report..
BANK
OF SHARJAH TO EXPAND INTO OTHER GCC STATES
"Bank of Sharjah (BoS), which recently
made headlines by almost trebling its equity
capital from Dh260 million to Dh750 million,
has unveiled plans to grow organically and
through acquisitions, and to expand its
operations into GCC and other regional
markets.." Complete
report..
UNITED
ARAB EMIRATES OFFERS TO HOST THE 7TH AFRO-ARAB
TRADE FAIR
"The United Arab Emirates (UAE) has
offered to host the 7th Afro-Arab Trade Fair
in 2005.." Complete
report..
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