|
ABOUT
GULFWIRE
|
|
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
National
Council on U.S.-Arab Relations
President and CEO: Dr. John Duke Anthony
U.S.-GCC Corporate Cooperation Committee
Secretary: Dr. John Duke Anthony
1730 M Street, NW
Suite 503
Washington, DC 20036
Tel: 202.293.6466
Fax: 202.293.7770
The
GulfWire family of e-newsletters and web site are
developed, produced and maintained by
Ryan & Associates
GulfWire
Links
The
GulfWire Links that appear at the end of Digest
reports transport you to
related GulfWire Digest reports available
through the GulfWire On-Line Archive --
access to thousands of archived reports published
in GulfWire every week since 1999. They provide
the background and context you need to understand
current developments.

Independent
commentary provided in 'GulfWire' and materials
contained in the linked
Internet sites do not necessarily reflect the
views of the National
Council on U.S.-Arab Relations or the
U.S.-GCC Corporate Cooperation Committee.
News extracts and links contained in GulfWire have
been reported in
various media. GulfWire and the National
Council on U.S.-Arab
Relations/U.S.-GCC Corporate Cooperation
Committee have not independently
verified the accounts referred to and do
not vouch for their accuracy or the reliability of
Internet links. Internet links were active the day
of publication in GulfWire.
|
|
VISIT
THESE SITES
|
|

Catalog of
Publications
from the Emirates Center for Strategic Studies and
Research
[more]
on ArabiaLink.com
|
|
|
In
This Issue
|
|
O
News
· Region
- Power
Transfer In Iraq Starts This Week
- Iraq
Coalition Offers $1M Bounty
- U.S.
Sanctions Waived Temporarily To Aid Iran
- Iran
Rejects US Delegation Plan
- King's
Visit Boosts Bahrain-Qatar Ties
- More
Drugs Seized In Gulf - U.S.
· Bahrain
- Government,
MPs Head For Showdown
- The
Two Events That May Shape Bahrain's
Political Scene
- Bahrain
House Okays Global Terror Pact
- Bahrain
Suspends Import Of Us Beef
- Tubli
Bay Land Grab Warning
· Kuwait
- Kuwait
Revises Textbooks To Combat Militancy
· Oman
- Oman
Issues Civil Status Law Decree
· Qatar
- Women
In Qatar Only Form 13PC Of Workforce
· Saudi
Arabia
- Be
Patient, Abdullah Tells Reformers
- Makkah
Forum Calls For End To Social
Discrimination
- Dialogue
Forum To Focus On Shoura Elections,
Extremism
- Makkah
Forum Official Defends Choice Of
Speakers, Papers
- Saudi
Scholars Warn Against Changing School
Books
- Al-Qaida-Linked
Militants Begin Targeting Saudi Security
Officials
- Brigadier
Found Dead
- Top
Wanted Terrorist Surrenders
- 3
Linked To Saudi Blast Arrested
- Interior
Ministry Redrafting New Naturalization
Bill
- Private
Investors Plan SR6B Mina Tent Project
- Saudi
Official Denies Suicide Pilots Report
- Special
Training
- Haj
Ministry To Issue New Regulations For
Tawafa Organizations
- 4,000
Detained, Weapons Seized
- New
College Of Medicine To Be Set Up In
Riyadh
- Saad
Al-Mahdi Appointed Arriyadiah Editor In
Chief
- Riyadh
Daily Closes Down
· UAE
- Dubai
Mourns Death Of Dalmouk
- UAE
Plane With Aid, RCA Team Flies To Iran
Today
- Dubai
Police Undergoes Major Restructuring
- Import
Of US And Canadian Meat Banned
O Link Of
The Week - Embassy of Qatar
O GulfWire
Flashback - Over Four Years Of
GulfWire
O Business & Finance
News
· Region
- Energy
Futures - 01.02.04
- Military
Ends Halliburton Deal To Supply Gasoline
To Iraq
- Bush
To Defer Some Iraq Reconstruction Work
- Japan,
China Ready To Waive Part Of Iraqi Debt
- Baghdad
In Bid To Forge GCC Free Trade Links
- Regional
Economic Outlook For 2004
- Kuwait,
Bahrain Collaboration Deliver Mobile
Messaging First
- Oman
Oil, Emarat Agree On Fuel Card Cross
Acceptance
- Arab
Banks Aggressively Promoting Retail
Lending
· Bahrain
- Bahrain
Under Pressure To Clarify Alba Position
- Japanese
Firm Wins $431M BAPCO Modernization
Contract
- Bahrain
Seeks To Boost Investment
· Kuwait
- Soaring
Kuwait Stocks Capture Eyes Of Investors
· Oman
- Oman
Oil Output To Increase
- Oman
Pharmaceutical To Open Production Plant
· Qatar
- Ministry
Sets Up QR100M Firm For Transport
Services
· Saudi
Arabia
- Shoura
Council Debates WTO-Linked Bills
- Western
Group Optimistic On Gas Find
- Kingdom
Budget: An Underlying Expansionary
Stance
- Exhibition
In Riyadh On Iraq Rebuilding
- Sec
Plans To Woo Investors
- Sec
Taking Steps To Meet Rise In Demand For
Electricity
- Bid
To Boost Saudi-Egypt Trade Ties
- Saudi
Businesswomen To Get Active Role In JEF
- SAMA
Extends Deadline For Updating Personal
Info
- Ministry
Planning Several Steps To Revitalize
Poultry Industry
- Official:
Jobs In Saudi Private Firms Not
Attractive For Saudis
· UAE
- UAE
Cabinet Clears Draft Law On Creation Of
Financial Free Zones
- UAE
Budget Deficit To Decline Sharply
- Abu
Dhabi Expects US$10B Investment In
Industrial Zones
- Abu
Dhabi Stock Market Approves Evening
Session
- Air
Arabia To Introduce Flights To 8 New
Destinations
- UAE
Banks Set To Repeat Growth
- Employers
To Bear Recruiting Fees
- Hotels
Report Excellent Growth
- Tourism
Emerges As Major Contributor To GDP: UAE
Official
- Dubai's
Retail Space To Rise Four-Fold
- GASCO
Invites Bids For Gas-Development Project
|
|
|
News
- Region
|
|
POWER
TRANSFER IN IRAQ STARTS THIS WEEK
"After eight months of debate and
delay, the United States this week will
formally launch the handover of power to
Iraq with the final game plan still not
fully in place. The United States begins
the complicated political, economic and
security transfer with a general
framework and a June 30 deadline for
completion. But critical details are
still being negotiated between the
Iraqis and U.S. administrator L. Paul
Bremer.." Complete
report..
~~GulfWire Link~~
US
TO END IRAQ OCCUPATION BY JUNE - GWD Nov
17, 2003
IRAQ
COALITION OFFERS $1M BOUNTY
"The US-led coalition has put a $1m
bounty on the heads of a dozen of the
"most wanted" Iraqis still at
large. Officials said 42 of the 55 on
the list had been captured or killed..
..A $10m reward has been offered for the
capture of Izzat Ibrahim al-Douri, the
man the US suspects of masterminding
many attacks on coalition forces.."
Complete
report..
U.S.
SANCTIONS WAIVED TEMPORARILY TO AID IRAN
"The Bush administration [Dec 31]
temporarily eased restrictions on doing
business with Iran, rules that had
prohibited Iranian Americans and others
from donating to a large-scale
earthquake relief effort. The decision
to allow a three-month waiver of
sanctions comes after pressure from aid
groups and Iranian Americans eager to
help the victims in Bam.." Complete
report..
IRAN
REJECTS US DELEGATION PLAN
"Iran says the time is not right
for a high level visit by a US
delegation in the wake of the Bam
earthquake. US officials were
considering sending Senator Elizabeth
Dole, a former head of the American Red
Cross, on a humanitarian mission. But
the State Department said the Iranians
were holding the visit 'in abeyance' and
the US had decided not to pursue it for
the moment.
Iran says the time is not right for a
high level visit by a US delegation in
the wake of the Bam earthquake.." Complete
report..
KING'S
VISIT BOOSTS BAHRAIN-QATAR TIES
"Bahrain-Qatar relations were
placed firmly on the fast track [Dec
28]. His Majesty King Hamad vowed speedy
economic and investment co-operation
during high-level talks with the Amir of
Qatar Shaikh Hamad bin Khalifa Al Thani.
They agreed to re-vitalize and resume
meetings of the Bahrain-Qatar Joint
Higher Committee chaired by each
country's Crown Princes.." Complete
report..
Also:
BAHRAIN,
QATAR TO REACTIVATE JOINT COMMITTEE
~~GulfWire Link~~
MARITIME
DELIMITATION AND TERRITORIAL QUESTIONS
BETWEEN QATAR AND BAHRAIN - GWD Apr 2,
2001
MORE
DRUGS SEIZED IN GULF - U.S.
"U.S. forces say they have
confiscated nearly 3,000 pounds of
hashish and detained 15 people in the
northern Persian Gulf. The seizure is
the third interception of boats bearing
drugs in the last two weeks by coalition
sea forces.. ..The 2,800 pounds of drugs
seized were worth about $11 million,
Central Command said.." Complete
report..
http://www.cnn.com/2004/WORLD/meast/01/02/drug.seizure/index.html
~~GulfWire Link~~
US
'SEIZES AL-QAEDA DRUGS SHIP' - GWD Dec
22, 2003
Back
to top
|
|
|
News
- Bahrain
|
|
GOVERNMENT,
MPS HEAD FOR SHOWDOWN
"An unprecedented showdown between
the Bahraini Parliament and the
government is expected to unfold [Jan
10] when the house holds a special
session to look into allegations of
financial corruption at the kingdom's
two social security agencies.. ..The
expected showdown in Saturday's session,
which the majority of the MPs insist
should be public, would be the first
between the Parliament and the
government since the elections in
October 2002. The elections were the
first in nearly three decades.." Complete
report..
THE
TWO EVENTS THAT MAY SHAPE BAHRAIN'S
POLITICAL SCENE
"In the year 2004, Bahrain will
witness at least two critical events
that might shape the country's political
scene for years to come. The first will
take place on January 10 when the
Parliament holds a special session to
discuss a report on the huge losses
suffered by the kingdom's two social
security agencies.. ..The first is
responsible for securing the financial
future of government employees while the
other looks after the benefits of
Bahrainis working in the private
sector.." Complete
report..
BAHRAIN
HOUSE OKAYS GLOBAL TERROR PACT
"An international treaty aimed at
checking the flow of money to fund
terrorism was endorsed by the Bahraini
parliament by a narrow majority
following a strong opposition from
Islamist MPs who said the treaty could
be used to suppress the Islamic
movements' legitimate struggle for
self-determination.. ..The parliament's
decision came a day after the government
approved a plan to oversee the spending
of money collected by the kingdom's
charities.." Complete
report..
BAHRAIN
SUSPENDS IMPORT OF US BEEF
"Bahrain has suspended all imports
of American beef and its by-products,
following the discovery of a single case
of mad cow disease. It is a
precautionary and temporary measure..
..Only small quantities of US beef are
imported into Bahrain.." Complete
report..
TUBLI
BAY LAND GRAB WARNING
"Authorities pledged [Dec 31] to
stamp out illegal reclamation by
landowners in the eastern part of the
Southern Governorate and Tubli Bay.
Anyone illegally reclaiming land will be
prosecuted.. ..Reclamation in the
eastern part of the governorate is a
violation of the law and causes damage
to the marine environment, including
beaches.." Complete
report..
Back
to top
|
|
|
|
|
News
- Oman
|
|
OMAN
ISSUES CIVIL STATUS LAW DECREE
"Royal Decree no 66/99 has formed
the Civil Status Law. According to the
law, which has 60 articles, all Omanis
or expatriates should possess an
identity card and residence card,
respectively. However, the rule states
that only Omanis who are 15 years need
to apply for an identity card, which is
obligatory for males and optional for
females. Those Omanis who are below 15
can obtain an identity card subject to
approval of their guardians. But, all
foreigners in Oman should obtain a
residence card.." Complete
report..
Back
to top
|
|
|
News
- Qatar
|
|
WOMEN
IN QATAR ONLY FORM 13PC OF WORKFORCE
"While women in Qatar form only 13
percent of the workforce, this was the
only country in the Middle East and
North Africa (MENA) region, apart from
the UAE, where illiteracy was higher
among men.. ..As women's educational
attainment in MENA countries has
increased, more women have moved into
the job market. But women's
participation in the labor force is
still low.." Complete
report..
Back
to top
|
|
|
News
- Saudi Arabia
|
|
BE
PATIENT, ABDULLAH TELLS REFORMERS
"Crown Prince Abdullah.. ..[Jan 3]
reiterated Saudi Arabia's resolve to go
ahead with political reforms but urged
reformists to be patient.. ..'We should
be patient and do things unhurriedly.
Everything you do will be a step toward
achieving the goal,' he said at a
reception for Saudi intellectuals who
took part in the national dialogue forum
in Makkah.." Complete
report..
MAKKAH
FORUM CALLS FOR END TO SOCIAL
DISCRIMINATION
"The second national dialogue forum
concluded in Makkah [Dec 31] with a call
for an end to discrimination among
citizens and making important proposals
to fight extremism.. ..Sixty
intellectuals, academics, researchers
and religious experts including nine
women took part in the four-day
deliberations organized by the King
Abdul Aziz National Dialogue
Center.." Complete
report..
~~GulfWire Link~~
NATIONAL
DIALOGUE - GWD Dec 22, 2003
DIALOGUE
FORUM TO FOCUS ON SHOURA ELECTIONS,
EXTREMISM
"Elections to the Shoura Council
and extremism will top the agenda at the
second national dialogue forum in Makkah.
The five-day event, which began in the
holy city with the participation of 60
intellectuals including 10 women, will
also discuss fair distribution of wealth
in the Kingdom.. ..The first four-day
dialogue in June, launched by Crown
Prince Abdullah, deputy premier and
commander of the National Guard, was
instrumental in bringing together all
sections of society.." Complete
report..
~~GulfWire Link~~
FIRST
NATIONAL DIALOGUE CENTER ESTABLISHED -
GWD Aug 11, 2003
MAKKAH
FORUM OFFICIAL DEFENDS CHOICE OF
SPEAKERS, PAPERS
"No sooner had the second national
dialogue forum started debating.. ..some
Saudi intellectuals warned the King
Abdul Aziz National Dialogue Center
could ossify into an ivory tower.
Prominent intellectual Dr. Turki Al-Hamad,
who was not invited to the forum,
described the King Abdul Aziz Center as
'a pioneering idea' which could help
promote tolerance throughout society.
But the lineup of research papers did
not bode well, Al-Hamad warned. 'If what
I heard is correct, most papers
presented at the forum represent a
single viewpoint, and this conflicts
with the nature of dialogue'.." Complete
report..
SAUDI
SCHOLARS WARN AGAINST CHANGING SCHOOL
BOOKS
"Some 150 Saudis, including judges,
university professors and a cleric with
links to Muslim militants, have signed a
document warning the kingdom against
changing its Islam-based school
curricula. The warning.. ..was signed on
January 1, a day after Saudi
intellectuals, clerics and prominent
personalities recommended educational
reforms at the end of a conference held
to tackle the roots of militancy.."
Complete
report..
~~GulfWire Link~~
EDUCATION
SYSTEM REFORM TO PROMOTE MODERATION:
SULTAN - GWD Dec 8, 2003
AL-QAIDA-LINKED
MILITANTS BEGIN TARGETING SAUDI SECURITY
OFFICIALS
"Now that Saudi Arabia is cracking
down on terrorism, Islamic militants
with links to al-Qaida have a new
target, the kingdom's top security
officials. A Western diplomat says it's
a new strategy to resist the anti-terror
rackdown. The diplomat says an explosive
tossed at a parked car in the Saudi
capital last night targeted a senior
official from a Saudi agency similar to
the FBI.." Complete
report..
Also:
DIPLOMAT:
MILITANTS EYEING SAUDI OFFICIALS
BRIGADIER
FOUND DEAD
"A senior military officer in the
southern border city of Jizan was found
shot dead in front of his house on [Jan
3].. ..Brig. Gen. Hadi Mabjer Al-Sahli,
chairman of the military council at the
border guards command in the Jizan
region, took place soon after Fajr
prayers as people in the neighborhood
had seen him at the mosque for the
prayer.." Complete
report..
TOP
WANTED TERRORIST SURRENDERS
"One of the Kingdom's most wanted
terror suspects surrendered to security
authorities [Dec 30], the Interior
Ministry announced. A ministry spokesman
welcomed the surrender of Mansour ibn
Muhammad Ahmed Faqeeh, one of 26
suspects wanted in connection with
terrorist attacks in the Kingdom.."
Complete
report..
~~GulfWire Link~~
BACKGROUND
OF THE MOST WANTED TERRORISTS - GWD Dec
15, 2003
3
LINKED TO SAUDI BLAST ARRESTED
"Saudi security authorities have
arrested three men in connection with an
explosion that targeted a senior
security official.. ..The Okaz daily,
quoting an unidentified security
official, said the suspects were picked
up shortly after [Dec 28] attack.. ..A
Western diplomat said the attack was
against a senior member of the Interior
Ministry's Mabahith branch, the Saudi
equivalent of the FBI.." Complete
report..
INTERIOR
MINISTRY REDRAFTING NEW NATURALIZATION
BILL
"The Shoura Council will return to
the issue of softening the Kingdom's
naturalization law as soon the Interior
Ministry has redrafted some of its
articles.. ..According to the new
proposals, foreigners who have been
living in the Kingdom continuously for
no less than 10 years may be able to
apply for Saudi citizenship.." Complete
report..
~~GulfWire Link~~
SHOURA
MEMBERS FAIL TO REACH AGREEMENT ON
CITIZENSHIP LAW - GWD Nov 3, 2003
PRIVATE
INVESTORS PLAN SR6BN MINA TENT PROJECT
"Saudi investors are planning a SR6
($1.6) billion project to help
accommodate a quarter of a million more
pilgrims in Mina by setting up some 200
tents in the surrounding mountains..
..Plans are under way to expand camping
areas in the holy sites to accommodate
the growing number of pilgrims, which is
estimated to reach 3.8 million by the
end of the current Five-Year Development
Plan (2000/2005).." Complete
report..
SAUDI
OFFICIAL DENIES SUICIDE PILOTS REPORT
"Saudi Arabia [Dec 28] denied a
British newspaper report that security
forces seized two planes packed with
explosives near Riyadh's King Khaled
International Airport, foiling a plot to
blow up a British Airways jet.." Complete
report..
SPECIAL
TRAINING
"Some 10,000 secondary school
graduates will be given special training
under a military training program, which
begins on Feb. 21.. ..Military training
will be given in the first semester
while the remaining two will be devoted
to training in computer science,
electrical and mechanical technology and
office management.." Complete
report..
HAJ
MINISTRY TO ISSUE NEW REGULATIONS FOR
TAWAFA ORGANIZATIONS
"New regulations for organizations
handling domestic Haj pilgrims will be
issued shortly, according to Haj
Minister Iyad Madani.. ..Pilgrims from
different parts of the Islamic world
have started arriving in the Kingdom for
the Haj, which is expected to start on
Jan. 30. More than two million pilgrims
are slated to perform Haj this
time.." Complete
report..
4,000
DETAINED, WEAPONS SEIZED
"Saudi Arabia has arrested over
4,000 infiltrators and seized vast
quantities of weapons and drugs in the
south of the country.. ..The Kingdom has
recently stepped up security along its
southern border, a traditional route for
drug and arms smuggling, following the
May 12 bombings in Riyadh. Saudi
authorities said weapons and explosives
smuggled across the border from Yemen
were used in the attack that killed 35
people.." Complete
report..
~~GulfWire Link~~
PAPER:
SAUDIS SEIZE ARMS AT YEMEN BORDER EVERY
HOUR - GWD Aug 24, 2003
NEW
COLLEGE OF MEDICINE TO BE SET UP IN
RIYADH
"Crown Prince Abdullah.. ..has
ordered the establishment of a new
world-class college of medicine in
Riyadh, it was announced here [Dec 31]..
..The announcement came after the crown
prince laid the foundation stone for an
SR100 ($26.6) million nursing college in
the capital city.. ..The nursing college
is located at the King Abdul Aziz
National Guard Medical City and is
designed to accommodate 1,000 female
students.." Complete
report..
SAAD
AL-MAHDI APPOINTED ARRIYADIAH EDITOR IN
CHIEF
"Saad ibn Faleh Al-Mahdi has been
appointed editor in chief of Arriyadiah
sports daily, a sister publication of
Arab News.. ..Al-Mahdi, a prominent
Saudi journalist with more than 20 years
experience, replaces Saleh Al-Hamadi..
..Al-Hamadi will continue to write for
the group's publications.." Complete
report..
RIYADH
DAILY CLOSES DOWN
"Riyadh Daily, one of the Kingdom's
three English dailies, has folded. After
19 years of financial losses, the
paper's last issue appears [Dec 31].. ..
The decision to close down Riyadh Daily
ends a period of uncertainty among its
employees, who were given to understand
that it would continue in a truncated
form of eight pages, as against 24 pages
in its heyday.." Complete
report..
Back
to top
|
|
|
News
- UAE
|
|
DUBAI
MOURNS DEATH OF DALMOUK
"The Court of His Highness Sheikh
Maktoum bin Rashid Al Maktoum, Vice
President, Prime Minister of the UAE and
Ruler of Dubai, announced [Jan. 3] the
death of Sheikh Dalmouk bin Juma Al
Maktoum, who passed away early [Jan 3].
A Court statement announced a weeklong
official mourning in Dubai.." Complete
report..
UAE
PLANE WITH AID, RCA TEAM FLIES TO IRAN
TODAY
"The UAE [Dec 27] said that a plane
carrying relief supplies and a team from
the Red Crescent Authority (RCA), will
fly [Dec 28] to Iran's Kerman airport to
provide emergency aid to victims of the
earthquake that devastated the city of
Bam. The airlift was ordered by
President His Highness Sheikh Zayed bin
Sultan Al Nahyan.." Complete
report..
DUBAI
POLICE UNDERGOES MAJOR RESTRUCTURING
"As part of his vision of the
future, and to improve the efficiency of
Dubai Police, General Sheikh Mohammed
bin Rashid Al Maktoum, Crown Prince of
Dubai, and UAE Minister of Defense, in
his capacity as Head of Dubai Police and
Security, [Jan 3] ordered the overhaul
of the force.." Complete
report..
IMPORT
OF US AND CANADIAN MEAT BANNED
"Sheikh Salim bin Hilal Al Khalili,
minister of agriculture and fisheries,
has issued a ministerial decision
banning the import of live cows and its
products and derivatives - from the US
and Canada. Exempted from the decision
are dairy products and its derivatives,
provided that such products are
accompanied by an approved certificate
to ensure they are produced by farms
free from mad cow disease.." Complete
report..
Back
to top
|
|
|
Link
of the Week / GulfWire
Flashback - Four Years of GW
|
|
|
LINK
OF THE WEEK
Embassy
of Qatar in the United States
A
good first stop when looking for any
subject on Qatar.
<<ONE
YEAR AGO>>
GULFWIRE DIGEST (#178) WEEK OF JAN 6,
2003
SAUDI
AID TO DEVELOPING NATIONS TOTALS $74.93B
"Saudi Arabia has assisted
developing countries to the tune of over
SR281 ($74.93B) billion since the
mid-1970s. The aid represents nearly
four percent of the country's average
GNP.. ..The figures do not include
humanitarian assistance provided by the
Kingdom.."
<<TWO YEARS AGO>>
GULFWIRE DIGEST (#129) WEEK OF JAN 7,
2002
GUNNING
FOR SADDAM - SHOULD SADDAM HUSSEIN BE
AMERICA'S NEXT TARGET IN THE
WAR
ON TERRORISM?
"..To date, President Bush has
maintained that the war on terrorism
will be a long one, with many phases.
Right now, those who want first to
eliminate the Taliban's hold on
Afghanistan have the president's ear.
Some experts say that may change. All
sides agree that if Saddam is connected
to the anthrax assaults on the United
States, the president's hand will be
forced, and war with Iraq will be
inevitable.." GULFWIRE COMMENT:
This excerpt is from a
"Frontline" (PBS)
comprehensive web presentation on the
issue. It includes a number of
useful resources and is worth a look.
<<THREE YEARS AGO>>
GULFWIRE DIGEST (#79) WEEK OF JAN 8,
2001
SAUDI
ARABIA AND QATAR IMPLEMENTING GCC
CUSTOMS UNION
[SaudiArabia.Net] The Kingdom of Saudi
Arabia and the State of Qatar have
issued executive orders for
implementation of the decision of the
20th session of the Supreme Council of
the Gulf Cooperation Council (GCC
concerning setting up a customs union
among its member states effective March,
2005. GCC Secretary-General Jameel Al-Hujeilan
welcomed this initiative, and noted that
State of Bahrain, the Sultanate of Oman,
and the
United Arab Emirates have issued similar
orders.
<<FOUR YEARS AGO>>
GULFWIRE DIGEST (#26) WEEK OF JAN 3,
2000
QATAR-BAHRAIN
TIES
The heads of state of Qatar and Bahrain
announced a breakthrough in improving
their bilateral ties, strained by long
running territorial disputes according
to Reuters. Qatar's Emir Shaikh
Hamad Bin Khalifa Al-Thani met in
Bahrain on Tuesday with Bahrain's Emir
Sheikh Hamad bin Isa al-Khalifa. A
statement issued late Tuesday said a
joint committee would meet to discuss
better cooperation between Doha and
Manama. Qatar and Bahrain will
also exchange ambassadors for the first
time and discuss the possibility of
building a causeway linking the two
states. The case regarding
conflicting claims to islands and
territory before the International Court
of Justice is expected to be heard this
May, but last week's breakthrough
included an agreement to withdraw the
case if the two can reach a bilateral
solution.
Back
to top
|
|
|
Business
- Region
|
|
[GulfWire]
ENERGY FUTURES - 01.02.04
Light Crude (NYM) $32.52 bbl DOWN from $32.86 bbl
on 12.26.03
Brent Crude (IPE) $29.32 bbl UP from $29.06 bbl on
12.26.03
Heating Oil (NYM) $.9146 gal DOWN from $.9188 gal
on 12.26.03
Natural Gas (NYM) $6.189 mmbtu DOWN from $6.392
mmbtu on 12.26.03
Unleaded Gas (NYM) $.9329 gal UP from $.9249 gal
on 12.26.03
Source:
CNNfn

The Best Energy Resource in the World:
Country
Analysis Briefs
by DOE/EIA
MILITARY
ENDS HALLIBURTON DEAL TO SUPPLY GASOLINE TO IRAQ
"The Pentagon said [Dec 31] that it will end
an arrangement with Halliburton Co. to import fuel
to Iraq, a contract that had been criticized by
government auditors and Democratic members of
Congress. A military unit that already supplies
fuel to the armed forces in Iraq will assume
control of the import and distribution of
gasoline, kerosene and cooking gas into the
country and will find new private contractors
through competitive bidding.." Complete
report..
~~GulfWire Link~~
ARMY
EYES REPLACING HALLIBURTON IN IRAQ - GWD Nov 10,
2003
BUSH
TO DEFER SOME IRAQ RECONSTRUCTION WORK
"The Bush administration has decided, after
weeks of infighting, to defer about $4 billion in
Iraq reconstruction work until the US cedes
political control to an interim Iraqi government
this summer. The decision substantially lowers the
amount of work to be handled by a special
Pentagon-run office in Baghdad that was originally
created to manage most of the $18.6 billion set
aside for Iraq reconstruction.." Complete
report..
JAPAN,
CHINA READY TO WAIVE PART OF IRAQI DEBT
"Japan is ready to write off "the vast
majority" of its Iraqi debt if other
creditors do the same, Prime Minister Junichiro
Koizumi told special US envoy James Baker at a
meeting here [Dec 29].. ..Meanwhile, China will
consider a 'relatively large cut' in the debt owed
to it by Iraq, Chinese Premier Wen Jiabao told
Baker.." Complete
report..
BAGHDAD
IN BID TO FORGE GCC FREE TRADE LINKS
"Iraq is beginning free trade talks with its
Gulf neighbors after signing agreements to
dismantle trade barriers with Turkey and Iran..
..Iraq is seeking to end years of economic
isolation under Saddam Hussein.." Complete
report..
~~GulfWire Link~~
CHANCES
OF GCC ADMITTING IRAQ ARE SLIM SINCE HUGE
OBSTACLES REMAIN - GWD Dec 29, 2003
REGIONAL
ECONOMIC OUTLOOK FOR 2004
" The region's economic growth conditions are
strong heading into 2004. The major negative
consequences of the war on Iraq did not
materialize and 2003 turned out to be better than
expected economically. The six Gulf States,
Jordan, Morocco, Algeria and Tunisia are all
expected to record another year of high growth
rates. Lebanon and Egypt, while lagging behind,
will do better this year compared to 2003.." Complete
report..
KUWAIT,
BAHRAIN COLLABORATION DELIVER MOBILE MESSAGING
FIRST
"Wataniya Telecom, Kuwait's leading mobile
operator, today announced full MMS interconnection
with the customers of Bahrain's Batelco GSM
network. The announcement means that multimedia
picture messages can now be sent and received
between two independent operators in the Middle
East region for the first time.." Complete
report..
OMAN
OIL, EMARAT AGREE ON FUEL CARD CROSS ACCEPTANCE
"Oman Oil Marketing Company (OOMC) [Dec 30]
signed an agreement with Dubai's Emirates General
Petroleum Corporation (Emarat) to mark the
first-ever launch of the fuel card cross
acceptance in the region. The inking of the
agreement is set to give motorists plying between
the UAE and Oman complete flexibility of using a
single card for filling fuel in both the UAE and
Oman.." Complete
report..
Also:
EMIRATES
GENERAL PETROLEUM CORPORATION 'EMARAT' AND OMAN
OIL LAUNCH REGIONAL FUELCARD CROSS ACCEPTANCE
ARAB
BANKS AGGRESSIVELY PROMOTING RETAIL LENDING
"The consumer market has emerged as the
sector of choice for many Arab banks. Most if not
all of them are now aggressively promoting retail
lending, which includes consumer, housing and
personal loans, and their balance sheets are being
re-ordered in the process.. ..The rising demand
for consumer loans is being fueled by a young and
growing population eager to improve its living
standards and a general decline in borrowing
cost.." Complete
report..
Back
to top
|
|
Business
- Bahrain
|
|
BAHRAIN
UNDER PRESSURE TO CLARIFY ALBA POSITION
"Bahrain's government has come under pressure
to lift the doubts over the proposed sale of the
kingdom's stake in aluminum smelter Alba to US
giant Alcoa. Alcoa and Bahrain's Ministry of
Finance signed an agreement last September which
paved the way for Alcoa to acquire as much as 26
percent of Alba - 77 percent owned by the
government.." Complete
report..
~~GulfWire Link~~
ALCOA
TO BUY STAKE IN BAHRAIN SMELTER - GWD Sep 22, 2003
JAPANESE
FIRM WINS $431M BAPCO MODERNIZATION CONTRACT
"A Japanese firm has won a $431 million
(BD163m) contract for Bapco's modernization. JGC
Corporation, which was the lowest bidder, was
awarded the contract for the Low Sulphur Diesel
project.." Complete
report..
BAHRAIN
SEEKS TO BOOST INVESTMENT
"Bahrain has unveiled radical new plans to
boost foreign investment, which will allow
investors 100 per cent control of enterprises and
ensure returns will be tax-free. The proposals -
different from anything yet seen elsewhere in the
Gulf - came from the speaker of Bahrain's
parliament, who wants to introduce a bill to make
the changes.. ..The 24-article bill.. ..will send
ripples throughout the region by opening up the
way to foreign ownership of slices of Bahrain
business.." Complete
report..
Back
to top
|
|
Business
- Kuwait
|
|
SOARING
KUWAIT STOCKS CAPTURE EYES OF INVESTORS
"The performance of the Kuwait Stock Exchange
so far in 2003 has proved highly robust. According
to a report by Kuwait-based Global Investment
House, the KSE has seen 13 companies listed up to
the end of November, representing 85.7 percent
more listing than 2002. Backed by positive
investor sentiment, strong corporate earnings, and
high liquidity, the Kuwait Stock Exchange seems
celebrating the continuous breaching of its
all-time highs since the start of the year.."
Complete
report..
Back
to top
|
|
Business
- Oman
|
|
OMAN
OIL OUTPUT TO INCREASE
"Oman's oil output is likely to increase to
750,000 barrels a day this year, Oil and Gas
Minister Dr Mohammed bin Hamad Al Rumhy has said.
He attributed the increase to successes in
exploration.." Complete
report..
OMAN
PHARMACEUTICAL TO OPEN PRODUCTION PLANT
"Oman Pharmaceutical Products Co SAOC's (OPPC)
state-of-the-art $50 million pharmaceutical
manufacturing plant in the Raysut industrial
estate, Salalah will formally be inaugurated on
[Jan 2]. The ultra-modern plant, though currently
targets the Arab and the African markets, will
penetrate the European and the American
markets.." Complete
report..
Back
to top
|
|
Business
- Qatar
|
|
MINISTRY
SETS UP QR100M FIRM FOR TRANSPORT SERVICES
"Qatar's Ministry of Finance [Jan 1]
announced the establishment of a share-holding
company, with a capital of QR100m, to offer
transportation services including taxis,
limousines and buses in the country.. ..the
proposed transport company will not focus on
profits and is expected to incur losses in the
first few years of operation. The objective of the
company, it said, was to offer superior quality
transportation services to residents and
tourists.." Complete
report..
Back
to top
|
|
Business
- Saudi Arabia
|
|
SHOURA
COUNCIL DEBATES WTO-LINKED BILLS
"The Shoura Council is debating two economic
bills ahead of the Kingdom's possible accession to
the World Trade Organization.. ..One bill
regulates competition and the other intellectual
property rights.. ..Saudi Arabia and the United
States are meeting this month to reach a bilateral
agreement as part of the Kingdom's bid for WTO
membership.." Complete
report..
~~GulfWire Link~~
GCC
INSIGHTS: SAUDI ARABIA'S ENTRY INTO WTO ALL SET -
GWD Sep 8, 2003
WESTERN
GROUP OPTIMISTIC ON GAS FIND
"A consortium of Western oil giants that was
awarded a major gas contract by Saudi Arabia last
month will begin exploration before summer next
year and is optimistic the operation will produce
positive results.. ..total investments in the
project could exceed $2.5 billion if it yielded
gas in commercial quantities.." Complete
report..
~~GulfWire Link~~
GIANT
GAS PROJECTS SET TO TRIGGER NEW INVESTMENTS - GWD
Aug 11, 2003
KINGDOM
BUDGET: AN UNDERLYING EXPANSIONARY STANCE
"The Saudi budget for 2004 envisages total
government expenditure of SR230 ($61.33) billion,
about 10 percent higher than the original 2003
budgetary outlays of SR209 ($55.7) billion, but
apparently projecting a reduction of nearly 8
percent over the actual 2003 expenditures of SR250
($66.67) billion.." Complete
report..
~~GulfWire Link~~
BUDGET
FOCUSES ON EDUCATION - GWD Dec 22, 2003
EXHIBITION
IN RIYADH ON IRAQ REBUILDING
"Saudi Arabia will host an exhibition on the
reconstruction of Iraq later this month to
convince Arab countries and the international
community of the need to build a prosperous Iraq.
The Riyadh Exhibition Company (REC) will organize
the five-day international event to be officially
opened on Jan. 19.." Complete
report..
~~GulfWire Link~~
US
WANTS SAUDIS TO BID FOR IRAQ CONTRACTS - GWD Dec
8, 2003
SEC
PLANS TO WOO INVESTORS
"Saudi Electricity Co. (SEC) plans to woo
investors from the private sector by presenting
new multibillion-riyal investment opportunities..
..SEC said it will present 21 investment
opportunities worth SR55 ($14.66) billion at a
presentation to be held at the Jeddah Chamber of
Commerce & Industry [Jan 6].." Complete
report..
SEC
TAKING STEPS TO MEET RISE IN DEMAND FOR
ELECTRICITY
"Saudi Arabia is implementing SR17 ($4.53)
billion worth of power projects in a move to cope
with the surging power demand, which is projected
to grow by 4.5 percent annually by 2020.. ..The
Kingdom, where 48 percent of power is consumed by
the residential sector, has been pursuing a
massive electrification plan.." Complete
report..
BID
TO BOOST SAUDI-EGYPT TRADE TIES
"The Ministry of Commerce in Cairo will
tackle the problems of Saudi businessmen whose
exports to Egypt have fallen as a result of red
tape there, Egypt's commerce minister vowed [Dec
28].. ..Dr. Fahd Al-Sultan, secretary-general of
the Council of Saudi Chambers of Commerce and
Industry, said among massive obstacles were
customs duties on Saudi products, which limited
their access to the Egyptian market. Egyptian
customs regulations also significantly hindered
the free flow of trade, while fluctuation in the
value of the Egyptian pound created instability in
bilateral trade.." Complete
report..
Also:
KINGDOM,
EGYPT TO SORT OUT DUMPING ISSUE
~~GulfWire Link~~
SAUDI
ARABIA'S INVESTMENTS IN EGYPT'S FREE ZONES REACH
$147.6 MILLION
SAUDI
BUSINESSWOMEN TO GET ACTIVE ROLE IN JEF
"The Jeddah Businesswomen's Committee and the
Jeddah Marketing Board have agreed a joint
initiative to give Saudi businesswomen a more
active role in the 5th Jeddah Economic Forum..
..The initiative.. ..follows the committee's
strategy to reinforce the role of Saudi
businesswomen and integrate them into the business
community.." Complete
report..
~~GulfWire Link~~
JEDDAH
ECONOMIC FORUM TO HIGHLIGHT BURNING ISSUES - GWD
Dec 22, 2003
SAMA
EXTENDS DEADLINE FOR UPDATING PERSONAL INFO
"Account holders have been given another
three months to update their personal information
with their banks, the Saudi Arabian Monetary
Agency (SAMA) announced on [Dec 28]. Failure to
update the information will result in the account
being frozen under new SAMA regulations. A SAMA
circular moved the deadline from Dec. 31, 2003 to
March 31, 2004.." Complete
report..
MINISTRY
PLANNING SEVERAL STEPS TO REVITALIZE POULTRY
INDUSTRY
"The Ministry of Agriculture has expressed
concern over the growing deficit in the poultry
industry and is now planning several measures to
revitalize the industry.. ..The Kingdom's Poultry
Farmers Association says that the industry is on
the crossroads and if something substantial is not
done, then the entire industry might
collapse.." Complete
report..
OFFICIAL:
JOBS IN SAUDI PRIVATE FIRMS NOT ATTRACTIVE FOR
SAUDIS
"A Saudi official said that private
companies, particularly medium and small
businesses, must have career development plans and
structured work benefit programs for their Saudi
employees if they want to retain them.. ..The
official was quoted as saying that because of the
perceived lack of security and future benefits,
most Saudis tend to leave their current jobs for
better opportunities offered in other
companies.." Complete
report..
Back
to top
|
|
Business
- UAE
|
|
UAE
CABINET CLEARS DRAFT LAW ON CREATION OF FINANCIAL
FREE ZONES
"The Cabinet in its last meeting approved a
federal draft law concerning the creation of UAE
financial free zones any where in all emirates of
the country. According to the draft law, the free
zone will have a corporate body, and will be
legally represented by a board chairman. The zones
shall be solely responsible for any obligations
originating from activities they practice. The
Cabinet will specify the locations and areas of
these free zones.." Complete
report..
~~GulfWire Link~~
SHARJAH
STUDYING MORE FREE ZONES: SHEIKH TARIQ
UAE
BUDGET DEFICIT TO DECLINE SHARPLY
"The UAE is expected to have slashed a sharp
budget deficit last year because of a surge in oil
prices and its pledge to control spiraling
spending.. .. The forecast by the Abu Dhabi-based
Arab Monetary Fund (AMF), which cited official
estimates, put the deficit at as high as 11.2 per
cent of the gross domestic product.. ..the actual
deficit should be far lower than had been presumed
and it could be equivalent to the shortfall
recorded in 2000, when oil prices were very
high.." Complete
report..
ABU
DHABI EXPECTS US$10B INVESTMENT IN INDUSTRIAL
ZONES
"Abu Dhabi expects local and foreign
investors to pump at least US$10 billion into its
emerging industrial zones as the emirate pushes
ahead with its economic diversification programs..
..Sheikh Hamed said plans to lure foreign capital
into industrial cities include measures to curb
red-tape bureaucracy and ensure maximum security
for investors.." Complete
report..
ABU
DHABI STOCK MARKET APPROVES EVENING SESSION
"Abu Dhabi's bourse [Dec 27] approved an
evening session for share trading on a trial basis
in a bid to stimulate dealing that has lagged
behind most other Arab markets. Bourse officials
said the two-and-a-half-hour evening shift will be
enforced on February 1 for two or three months to
determine if it is feasible.. ..The endorsement of
the evening session by the Financial Securities
and Commodities Authority means Abu Dhabi will be
the second Arab bourse to introduce an evening
session in its share trading after the Saudi stock
market.." Complete
report..
AIR
ARABIA TO INTRODUCE FLIGHTS TO 8 NEW DESTINATIONS
"Air Arabia, the UAE's national airline and
first low-cost airline of its kind in the Middle
East & North Africa region, has announced the
expansion of its flight network to include
Alexandria and Assiut in Egypt; Isfahan, Shiraz,
and Tehran in Iran; Aleppo in Syria; Doha in
Qatar; and Colombo in Sri Lanka.." Complete
report..
~~GulfWire Link~~
AIR
ARABIA EMERGES WITH FLYING COLORS IN ITS FIRST TWO
MONTHS - GWD Dec 22,
2003
UAE
BANKS SET TO REPEAT GROWTH
"Serious doubts were cast on the ability of
banks in the UAE to sustain the searing growth
rates of 2002 into 2003. Those doubts were
unfounded. By the end of the third quarter most
had posted fairly good growth in their net profits
and in their assets.. ..Though there exists some
doubts about whether the banks can sustain this
vitality into the new year the signs remain
promising.." Complete
report..
EMPLOYERS
TO BEAR RECRUITING FEES
"A new draft labor law has made it crystal
clear that employers have to bear all charges
involved in the process of recruiting workers.
While the law is yet to be approved by the
Ministry of Justice, Islamic Affairs and Awqaf,
the Cabinet and the Federal National Council, it
is likely to come into force soon.. ..the move
will solve thousands of disputes that occur
between employers and prospective employees over
who must pay these charges. Under the law,
employers must obtain work permits for the workers
they recruit and must bear expenses of bringing
them to the UAE.." Complete
report..
HOTELS
REPORT EXCELLENT GROWTH
"Dubai's tourism industry recorded an
impressive year-on-year growth with its
ever-expanding portfolio of hotel establishments
receiving over 21 million guests between 1996 and
2002, a phenomenal 148 percent growth.." Complete
report..
~~GulfWire Link~~
UAE
HOTEL SECTOR ACHIEVES RECORD EARNINGS IN 2002
TOURISM
EMERGES AS MAJOR CONTRIBUTOR TO GDP: UAE OFFICIAL
"Tourism is emerging as one of the most
important contributors to growth of GCC economies
given the huge tourist potential and attractions..
..Tourism share in the GCC's GDPs is put at 3
percent and this figure can go up if due
investments were pumped into its development,'
said Sheikh Saud bin Saqr Al Qasimi, Ras Al
Khaimah Crown Prince and Deputy Ruler.." Complete
report..
~~GulfWire Link~~
GULF
TOURISM SECTOR SET FOR SURGE IN FOREIGN
INVESTMENTS - GWD May 5, 2003
DUBAI'S RETAIL SPACE TO RISE
FOUR-FOLD
"Dubai is looking to take a big step up and
become the world's No 2 shopping mall with its
retail area forecast to multiply four-fold by
2010.." Complete
report..
GASCO
INVITES BIDS FOR GAS-DEVELOPMENT PROJECT
"State-controlled Abu Dhabi Gas Industries
Ltd., or Gasco, has sent out international tenders
for a third phase of natural gas development to
expand the processing capacity at the Habshan
plant.. ..The tenders are for a lump-sum contract
for engineering, procurement, construction,
commissioning and start-up work for its onshore
gas-development project at Habshan.." Complete
report..
Back
to top
|
| |
|
|
Users
of the GulfWire Information Service and
ArabiaLink.com are assumed to have read and agreed
to our terms
and conditions and legal
disclaimer.
Back
to top
|
|