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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
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Dr. John Duke Anthony
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Patrick W. Ryan
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Connie R. Trisdale
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B. F. Hammock
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In
This Issue |
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O News
· Region
- Saudi Arabia Criticizes
U.S. Mideast Policy Shift
- League Summit In Tunis
Next Month, Says Moussa
- OIC Seeks To Hold
Emergency Meeting On Mideast And Iraq
- Envoy Urges U.N.-Chosen
Iraqi Government
- Sadr Offers Peace Talks To
US
- Top U.S. Military Officer
In Iraq To Evaluate
- Iraqi Security Forces Fall
Short, Generals Say
- Pentagon Extends
Iraq-Kuwait Duty For 20,000 Soldiers
- Analysis: Iraq's Kidnap
Scourge
- Iranian Delegation Heads
To Najaf But Member Says It Will Not Meet
Sadr
- Foreign Workers Told To
Quit Iraq
- Regional Analysts Defend
Arab Media's Coverage Of Iraq Conflict
- World Bank Sees No Delay
To Work In Iraq
- First EU-GCC Conference
Opens
- Think Tank: GCC Alliance
Can Deter Invasion For 'Short While'
- Legality Of Guantanamo
Detentions Questioned
- UN Inspectors Arrive In
Tehran; Iran Suspends Centrifuge Building
- Israeli Strike Kills
Another Hamas Chief
- Opening Of Iraqi Ports
Brings Increased Traffic To Gulf Waters
· Bahrain
- Probe Into GOSI, Pension
Fund To Proceed
- Top US General Arrives In
Bahrain For Talks On Iraq
- Ministers To Relinquish
Business Interests
- Bahrain MPs In Bid For
Statute Changes
- Forum To Bridge Cultural
Divide
- Bahrain Hit By Sandstorm
· Kuwait
- Kuwait PM Denies Remarks
On Iraq
- Kuwait Tightens Security
Measures
- Kuwait MP Has Tough
Questions For Health Minister
- Some Of Kuwait's 12
Detainees To Be Freed Soon
- Kuwait MPs Delay
Halliburton-Linked Probe Findings
- Japanese Air Force In
Kuwait Completes First Rotation
· Oman
- Oman To Privatize Water,
Electricity Networks
- GDP Rises By 6.3 Percent
- Oil And Gas Exhibition
Opens
· Qatar
- Moscow Denies Role In
Qatar Assassination
- Al-Jazeera Bureau Chief
Receives Prison Sentence In Sudan
- Governments To Attend
World Landmark Tourism Summit In Qatar
· Saudi Arabia
- Evacuation Is Ordered For
Most U.S. Diplomats In Saudi Arabia
- Saudi Authorities Find
Vehicles Loaded With Explosives
- Kingdom Asks US To Change
Mideast Stance
- Saudi 'Militants' Kill 4
Police
- In Saudi Arabia, Fresh
Recruits For Al Qaeda
- US Congressman Praises
Saudi Political Reforms
- Kerry Assails Bush On
Relationship With Saudi Arabia
- Al-Gosaibi Appointed Labor
Minister
- Biggest Ever Drug Bust In
Riyadh
- Saudis Arrest Religious
Reformist
- 13 Percent Of Saudi Youth
Remain Jobless
- SAMA May Freeze Half A
Million Bank Accounts
- Smart Card Ids, Iqamas
Soon
· UAE
- US Freezing Of ARBIFT
Assets
- British MPs Arrive On UAE
Visit
- UAE Population Crosses 4M
At The End Of 2003
- Women Constitute 32PC Of
Landowners In Dubai
- Dubai Exhibition To
Attract Top Security Firms
O Link Of The Week - Saudi Economic Survey
O GulfWire Flashback - Over Four Years Of
GulfWire
O Business & Finance News
· Region
- Energy Futures - 04.16.04
- Saudis Said To Boost Oil
Output
- 2004 May Be Another Bumper
Year For Gulf
- UN: Trade Grows In Arab
Region, But Development Lags
- Arab Funds To Discuss
Loans For Iraq Rebuilding
- GCC States Set To Open Up
Banking Sector
- IPRA: Promoting PR As A
Major Driver In The Gulf
- The Trouble With Gushing
Oil Demand
- Kuwait's KPC, Iraq's SOMO
Sign Gasoline Deal
· Bahrain
- Bahrain Hub For Indian
Bank's GCC Operations
- BMA License For Bank Of
China
- Aluminum
Expo In World
Spotlight
- Batelco Doubles Bandwidth
- Britain Urged To Use
Bahrain As Gulf Hub
· Kuwait
- Kuwait May Raise Output If
Prices Stay High
- Revenues Rocketing In
Kuwait
- Kuwait Out Of Step With
OPEC In Bid To Please US: Gulf News
- No May Cuts To Kuwait
Crude To Asia-Trade
- $1B Chemical Plant Planned
- Iran Eyes On Gas Pipelines
To Azerbaijan, Armenia, and Kuwait
· Oman
- Oman To Spend $730M To
Arrest Oil Output Decline
- Value Of Oman's LNG
Exports Rises
- Oman LNG Spurs Economy
Faster Than Was Forecast
- Non-Oil Exports Increase
By 16.2PC
· Qatar
- Qatar Signs $30 Million
Deal With Maersk Oil
- Qatar Plans 27 Mega
Industrial Projects By 2010
- Dolphin Awards $115
Million Deal To SAIPEM
- Qatar Plans To Liberalize
Job Visas For Indians
- Total Aims To Boost Small
Enterprises
· Saudi Arabia
- Saudi Arabia To Raise
Exports In May
- Saudi Oil Output Seen
Doubling By 2025
- Cabinet Cuts Tariff On
Reinforced Steel
- Top Foreign Firm To
Develop Tourism Brand Identity
- Travel Agencies Face
Closure For Failure To Comply With SCT Order
- Saudi Arabia Top It Market
In Region
- Samba Chief Announces
Record Results For 1st Quarter
- Acetex To Establish US $1B
Joint Venture In Saudi Arabia
· UAE
- UAE Throws Open Telecom
Sector
- Petrol Prices To Go Up
- Dubai's Non Oil Trade Up
To $68.6 Billion In 2003
- Deal Signed To Set Up
UAE-Korea Business Council
- Turkey Aims To Boost UAE
Ties With New Trade Office In Dubai
- Dubai Duty Free Reports
45PC Rise In First Quarter Sales To DH426M
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News
- Region |
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SAUDI ARABIA CRITICIZES
U.S. MIDEAST POLICY SHIFT
"Saudi Arabia, a key U.S. ally, said on [Apr 16] that Washington should
not back Israeli plans to keep parts of the occupied West Bank because this
would cripple peace efforts and nullify previous peace agreements. President
Bush on [Apr 14] endorsed Israel's claim to parts of the West Bank seized in
the 1967 Middle East war and backed a Gaza Strip pullout plan in a historic
U.S. policy shift that drew condemnation from Arabs.." Complete
report..
Also:
US
HAS DAMAGED ROADMAP - EU
LEAGUE SUMMIT IN TUNIS
NEXT MONTH, SAYS MOUSSA
"The Arab League's secretary general [Apr 13] said that the Arab summit,
which was postponed last month over differences toward a US-backed Mideast
reform plan, looks set to be held in May in host nation Tunisia.. ..Tunisia
postponed the Arab summit 48 hours before it was to have started last month
because of differences between various states over how to further peace
efforts with Israel and a US-backed reform plan for the Middle East.." Complete
report..
~~GulfWire Link~~
ARAB
LEAGUE WEIGHS RESCHEDULING SUMMIT - GWD Apr 5, 2004
OIC SEEKS TO HOLD
EMERGENCY MEETING ON MIDEAST AND IRAQ
"The Organization of the Islamic Conference (OIC) aims to hold an
emergency ministerial meeting on the Palestinian issue and Iraq on April 22,
assistant secretary-general Abdul Aziz Abu Ghosh said.. ..The meeting,
involving a dozen foreign ministers from countries represented in the
presidency bureau and various committees, will be held in Kuala Lumpur.."
Complete
report..
ENVOY URGES U.N.-CHOSEN
IRAQI GOVERNMENT
"A U.N. envoy proposed on [Apr 14] that Iraq's U.S.-appointed Governing
Council be dissolved when the United States hands over power on June 30 and
replaced with a caretaker government of technocrats who would rule until
elections are held.. ..Lakhdar Brahimi.. ..said at a news conference that the
interim government should have a cabinet of ministers led by a prime minister,
as well as a president who would serve as the head of state. Although some
Iraqi politicians and officials of the U.S. government have favored handing
power to the 25-member Governing Council or an expanded version of that body,
Brahimi ruled out that approach because of questions about the council's lack
of popular support.." Complete
report..
Also:
UN
WORKING ON IRAQ HANDOVER PLAN
US
AGREES TO SEEK NEW UN RESOLUTION ON IRAQ - GWD Apr 5, 2004
SADR OFFERS PEACE TALKS
TO US
"Shiite cleric Moqtada Sadr offered the US unconditional talks to spare
Najaf a bloodbath as coalition forces tightened their grip around one of
Iraq's holiest cities [Apr 14]. Sadr, whom the US has vowed to kill or
capture, launched an anti-US uprising this month. He is now holed up in Najaf
and had dropped previous conditions for talks with US authorities.." Complete
report..
Also:
US
FORCES WANT AL SADR DEAD OR ALIVE - SANCHEZ
SUNNI
GROUP ALLIES ITSELF WITH SADR
~~GulfWire Link~~
SADR
TELLS BUSH TO WITHDRAW TROOPS OR FACE REVOLUTION - GWD Apr 12, 2004
TOP U.S. MILITARY
OFFICER IN IRAQ TO EVALUATE
"Myers, chairman of the joint chiefs of staff, was welcomed to Camp
Mittica by Italian Brigadier General Gian Marco Chiarini, who heads an army
brigade that includes about 3,000 Italian troops responsible for security in
Nassiriya.. ..Myers said the U.S.-led coalition occupying Iraq was committed
to bringing rebel Shi'ite cleric Moqtada al-Sadr to justice but acknowledged
his capture could increase violence on a temporary basis.." Complete
report..
IRAQI SECURITY FORCES
FALL SHORT, GENERALS SAY
"Top U.S. military commanders in Iraq yesterday acknowledged serious
shortcomings in efforts to establish new Iraqi security forces and said the
program is being reassessed in light of the failure over the past week of
Iraqi units to join U.S. troops in combating militants.. ..As one measure to
stiffen the forces, [General] Abizaid said, some former senior members of the
disbanded army that served deposed president Saddam Hussein will soon be named
to leadership posts in the new army.." Complete
report..
Also:
BREMER:
IRAQIS NOT READY TO RUN SECURITY
~~GulfWire Link~~
RUMSFELD
LAUDS IRAQI SECURITY FORCES - GWD Mar 1, 2004
PENTAGON EXTENDS
IRAQ-KUWAIT DUTY FOR 20,000 SOLDIERS
"About 20,000 soldiers now in Iraq and Kuwait will serve at least 90 days
past their originally scheduled tours of duty.. ..Senior U.S. military
commanders, Rumsfeld noted, had recently asked for more troops to mitigate
insurgent activity in Iraq, most notably in and around the cities of Fallujah
and Najaf.." Complete
report..
ANALYSIS: IRAQ'S KIDNAP
SCOURGE
Pictures of terrified hostages trussed up at the feet of masked gunmen in a
lawless foreign land are guaranteed to dominate every news bulletin and the
front page of every newspaper and website. In the last two weeks several dozen
foreign hostages have been seized, opening a new chapter in Iraq's deepening
security crisis.." Complete
report..
Also:
THREE
JAPANESE HOSTAGES RELEASED
INSURGENTS
WANT TO TRADE U.S. SOLDIER FOR PRISONERS
FOUR
FOREIGNERS FREED IN IRAQ, 2 SEIZED
IRAQI
MILITANTS EXECUTE ITALIAN HOSTAGE
THREAT
TO KILL AMERICAN HOSTAGE
ARAB
TV NETWORK SAYS IT HAS FOOTAGE OF AMERICAN HOSTAGE
IRANIAN DELEGATION
HEADS TO NAJAF BUT MEMBER SAYS IT WILL NOT MEET SADR
"An Iranian foreign ministry mediation team headed on [Apr 16] to the
Iraqi city of Najaf where it was to meet Shiite religious leaders but not
radical cleric Moqtada Sadr whose supporters have been fighting US-led
occupation forces.. ..The delegation's unnamed official rejected
comments from the chairman of the US Joint Chiefs of Staff, General Richard
Myers, that Tehran's involvement in Iraqi affairs was 'unacceptable'.." Complete
report..
Also:
IRAN
DIPLOMAT SHOT DEAD IN IRAQ
FOREIGN WORKERS TOLD
TO QUIT IRAQ
"Foreign nationals are being urged to flee Iraq as governments and
private companies react to growing insecurity and a wave of kidnappings.
Coalition civilian spokesman Dan Senor said 40 hostages from 12 countries were
currently being held in Iraq.. ..As the kidnap dramas continued to unfold, US
military commanders in Iraq asked for two more brigades of mobile combat
troops to deal with the volatile situation on the ground.." Complete
report..
Also:
MISSING
WORKERS DEMONSTRATE IRAQ DANGER
RUSSIA LAUNCHES
IRAQ EVACUATION
REGIONAL ANALYSTS
DEFEND ARAB MEDIA'S COVERAGE OF IRAQ CONFLICT
"Arab analysts defended Arab news coverage of the events in Iraq on [Apr.
12] after spokesmen for the US-led coalition accused the outlets of fanning
anti-US sentiment in the country.." Complete
report..
|
"Honey
and Onions"
A Memoir of Saudi Arabia in the Sixties
by
Frances Meade
[more] |

|
WORLD BANK SEES NO
DELAY TO WORK IN IRAQ
"The World Bank's drive to revive Iraq's weakened economy should not
suffer serious delay because of the spiraling violence in the country, the
head of the bank's mission to Iraq said [Apr 15]. Faris Hadad-Zervos told
Reuters in an interview that a breakdown in law and order might hamper the
bank's efforts to rebuild, but reliance on Iraqis would keep the process
going.. ..The World Bank is keeping in close contact with Iraqis working on
the emergency rehabilitation program through continued meetings, local staff,
videoconferences and other communication links.." Complete
report..
FIRST EU-GCC
CONFERENCE OPENS
"French President, Jacques Chirac, has said that the first joint GCC-EU
conference was a good initiative, which provides the best opportunity for the
two sides to review all areas of interest in EU-GCC relations and to forge a
unified stance on various issues of interest in the future.. ..The
conference.. ..is being held under the theme 'Gulf Countries between
Globalization and New World Disorder: Comparing European and Gulf
Perspectives'.." Complete
report..
THINK TANK: GCC
ALLIANCE CAN DETER INVASION FOR 'SHORT WHILE'
"The stability of the Gulf region rests on Kuwait serving as a buffer
zone between Iraq, Iran and Saudi Arabia, and for this reason, the country's
territorial integrity must be maintained, said the head of a Kuwaiti think
tank. Although the security threat posed by Saddam Hussain has been
eliminated, Kuwait's geo-strategic importance in the region, which supplies 66
percent of global oil demand, makes it imperative for the country's national
defense to be on guard.." Complete
report..
LEGALITY OF GUANTANAMO
DETENTIONS QUESTIONED
"Arab and Western lawyers and rights activists called on the United
States on [Apr 11] to put an end to the 'vague' legal status of Guantanamo
detainees. At the end of a two-day conference under the motto 'Human Rights
for All', 26 lawyers from Arab Gulf states, Australia, Canada, the UK and the
US issued a 'Sanaa Call' demanding access to lawyers, physicians and families
for the detainees.. ..The conference was co-sponsored by the international
rights watchdog Amnesty International, and the Yemeni National Organization
for Defending Rights and Freedoms, a non-governmental rights group.." Complete
report..
UN INSPECTORS ARRIVE
IN TEHRAN; IRAN SUSPENDS CENTRIFUGE BUILDING
"Five UN nuclear inspectors arrived [Apr 12] to try to confirm whether
Iran has stopped building and assembling centrifuges and get answers to a
number of outstanding questions that have raised concerns about the state's
nuclear program.. ..The inspectors' visit coincides with a hardening of
position by Iranian radicals who have called on their government to defy the
UN nuclear agency, expel UN inspectors and resume uranium enrichment.." Complete
report..
~~GulfWire Link~~
U.N.
NUCLEAR INSPECTOR HEADS TO IRAN - GWD Apr 5, 2004
ISRAELI STRIKE KILLS
ANOTHER HAMAS CHIEF
"The top leader of Hamas in the Gaza Strip was assassinated in an Israeli
helicopter missile strike on Saturday, hospital officials and witnesses said,
setting off large-scale Palestinian demonstrations and calls for revenge.
Abdel Aziz Rantisi, 54, who had recently become the Gaza Strip leader of the
militant Islamic group, for years launched vitriolic assaults on Israel and
its occupation of the West Bank and Gaza Strip.." Complete
report..
Also:
ISRAEL
ASSASSINATES RANTISSI
HAMAS
THREATENS A 'VOLCANO OF REVENGE'
OPENING OF IRAQI PORTS
BRINGS INCREASED TRAFFIC TO GULF WATERS
"With the lifting of UN sanctions on Iraq, the post-Saddam Hussein era
has brought an end to a decade of smuggling in civilian goods and oil with
neighboring gulf countries.." Complete
report..
Back to top
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News
- Bahrain |
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PROBE INTO GOSI, PENSION
FUND TO PROCEED
"The questioning of the ministers about the Pension Fund and GOSI is
expected to proceed as scheduled as the services committee met [Apr. 18]
morning headed by Deputy Dr Ali Ahmed and other members of the Chamber to
discuss the methods to be used to question the Minister of Finance, Abdullah
Saif, the current Labour and Social Affairs Minister, Dr Majeed Al Alawi, and
his predecessor, Abdulnabi Al Sho'ala, who is the current Minister of
State.." Complete
report..
TOP US GENERAL ARRIVES
IN BAHRAIN FOR TALKS ON IRAQ
"General Richard Myers, the chairman of the US Joint Chiefs of Staff,
arrived here on [Apr 13] for talks with Bahrain's leaders on the situation in
Iraq and to reaffirm US determination to stay the course there.. ..'We'll want
to talk about US resolve, how we're going to handle the situation,' Myers told
reporters traveling with him from Washington.." Complete
report..
Also:
MYERS
EXPLAINS U.S. POSITION IN IRAQ TO ARAB AUDIENCE
MINISTERS TO RELINQUISH
BUSINESS INTERESTS
"All government ministers are expected to relinquish their private
business interests by next week, it was declared in parliament [Apr 14]. This
follows an order by Prime Minister Shaikh Khalifa bin Salman Al Khalifa..
..Ninety percent of Bahrain's ministers had already stopped their private
businesses, to ensure they have nothing else other than their ministerial
duties.." Complete
report..
BAHRAIN MPS IN BID FOR
STATUTE CHANGES
"A group of Bahraini elected lawmakers plans to propose substantial
changes to the kingdom's constitution to gain more legislative and monitoring
powers, a leading MP said [Apr 17].. ..The proposed changes would give the
elected Council of Representatives an exclusive power of legislating,
monitoring public funds and would reduce the number of the appointed Shura
Council members.." Complete
report..
FORUM TO BRIDGE
CULTURAL DIVIDE
"Ninety artists, poets, musicians and thinkers from more than 20
countries will take part in the 10-day Bahrain Aseela Art and Culture
Forum.." Complete
report..
BAHRAIN HIT BY
SANDSTORM
"Gales of up to 39 knots sand-blasted Bahrain [Apr. 18], but are expected
to calm down [Apr. 19].." Complete
report..
Back to top
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News
- Kuwait |
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KUWAIT PM DENIES
REMARKS ON IRAQ
"Kuwait's prime minister has denied saying he feared Iraq could
break up if the United States handed over power to Iraqis by June 30..
..an official at the premier's office was quoted by newspapers as
saying: 'These words were never mentioned by his highness during the
meeting that grouped editors-in-chief of daily newspapers.' Sheikh
Sabah had voiced support for a transfer of power 'as scheduled', the
unnamed official said.." Complete
report..
~~GulfWire Link~~
KUWAIT
FEARS IRAQ'S DIVISION
KUWAIT TIGHTENS
SECURITY MEASURES
"Kuwait has tightened security measures around key institutions
along its borders in precaution of the likely reflections in the
country to the situations in Iraq and Saudi Arabia.." Complete
report..
KUWAIT MP HAS
TOUGH QUESTIONS FOR HEALTH MINISTER
"An outspoken Kuwaiti lawmaker told parliament on [Apr 18] he
wanted to question the health minister in public about allegations
including negligence at hospitals, favoritism and breaking medical
regulations. It will be the second "grilling" of a cabinet
minister in parliament since the new government took office in
July.." Complete
report..
SOME OF
KUWAIT'S 12 DETAINEES TO BE FREED SOON
"Some of the 12 Kuwaiti detainees suspected by the United States
of being terrorists will be released from Guantanamo Bay 'soon,'
Kuwait's prime minister said.. ..Sheikh Sabah Al Ahmed Al Sabah's
comments, published in Kuwait's Al Anba daily, came as a delegation
was expected to leave for Washington to try broker the release of the
Kuwaitis, a Foreign Ministry official told The Associated Press on
condition of anonymity.." Complete
report..
KUWAIT MPS
DELAY HALLIBURTON-LINKED PROBE FINDINGS
"Kuwait's parliament delayed on [Apr. 19] the submission of
results of a probe into a deal to supply fuel to Halliburton Co for
the American military in Iraq after the U.S. army declined to
testify.." Complete
report..
JAPANESE AIR
FORCE IN KUWAIT COMPLETES FIRST ROTATION
"Some 70 Japanese airmen arrived in Kuwait on [Apr. 17] to
implement the first rotation of the Japanese Air Self Defense Force
contingent that has been participating in humanitarian mission in
Iraq.." Complete
report..
Back to top
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News
- Oman |
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OMAN TO
PRIVATIZE WATER, ELECTRICITY NETWORKS
"Oman's government will announce a new law by the end of
June to boost the privatization of its power and water
sectors, the state news agency ONA reported [Apr 13].. ..The
new law will be part of the government's drive to allow
foreign investors to own existing power stations, the official
said, adding that the sultanate's three largest plants are to
be offered to the public.." Complete
report..
GDP
RISES BY 6.3 PERCENT
"The value of the Sultanate's gross domestic product
(GDP) surged by 6.3 percent last year to RO8,302.4 ($21,580)
million from RO7,809.1 ($20,298) million over the
year.." Complete
report..
OIL AND
GAS EXHIBITION OPENS
"Sheikh Mohammed bin Abdullah Al Harthy, minister of
transport and telecommunications, will preside over the
opening of the fourth Oil and Gas West Asia (OGWA) exhibition
at the Oman International Exhibition Center (OIEC) [Apr 19]..
..The OGWA exhibition runs from today to April 21.." Complete
report..
Back to top
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News
- Qatar |
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MOSCOW DENIES ROLE IN
QATAR ASSASSINATION
"Tensions escalated between Russia and Qatar [Apr 12] when media in the
Gulf state said prosecutors had alleged that Russia's defense minister, Sergei
Ivanov, ordered the assassination of a Chechen leader in the capital, Doha, on
February 13. The allegation, which Moscow immediately said was "so
ludicrous that it was not possible to comment on it", came after the
trial of two Russians began for the murder of Zelimkhan Yandarbiyev, a former
Chechen president.." Complete
report..
Also:
RUSSIA SEEKS
"FRIENDLY" VERDICT IN QATAR TRIAL
MOSCOW
SAYS IT WILL RESPECT QATARI COURT RULING ON RUSSIANS
RUSSIA, QATARI
DISCUSS CRISIS IN RELATIONS
~~GulfWire Link~~
RUSSIAN
AGENTS HELD IN QATAR FACE DEATH PENALTY
2
AGENTS CHARGED IN QATAR KILLING - GWD Mar 1, 2004
AL-JAZEERA BUREAU CHIEF
RECEIVES PRISON SENTENCE IN SUDAN
"[Reporters sans Frontières] has called for the immediate release of
Islam Salih, the Qatar-based television news network Al-Jazeera's Khartoum
bureau chief. On 10 April 2004, Salih was convicted of 'disseminating false
news' and sentenced to one month in prison and a one million Sudanese pound
($3,800) fine.." Complete
report..
~~GulfWire Link~~
AL-JAZEERA
WARNED OF INCITING TERROR - GWD Feb 9, 2004
GOVERNMENTS TO ATTEND
WORLD LANDMARK TOURISM SUMMIT IN QATAR
"More than 30 governments have confirmed their attendance at this year's
most influential tourism industry event of the year, the World Travel and
Tourism Council's Fourth Global Summit that will be held in Doha, Qatar from
May 1-3.." Complete
report..
Back to top
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News
- Saudi Arabia |
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EVACUATION
IS ORDERED FOR MOST U.S. DIPLOMATS IN SAUDI ARABIA
"The United States [Apr. 15] ordered the evacuation of
most U.S. diplomats and all U.S. family dependents from Saudi
Arabia, and "strongly urged" all American citizens
to leave because of "credible and specific"
intelligence about terrorist attacks planned against U.S. and
other Western targets, the State Department announced.." Complete
report..
Also:
US
TO PULL NON-ESSENTIAL DIPLOMATS FROM RIYADH
US
CITIZENS URGED TO LEAVE SAUDI
~~GulfWire Link~~
WARNING
TO US DIPLOMATS IN SAUDI - GWD Dec 22, 2003
SAUDI
AUTHORITIES FIND VEHICLES LOADED WITH EXPLOSIVES
"Saudi authorities say they have found two vehicles
loaded with explosives on a highway north of
Riyadh.." Complete
report..
KINGDOM
ASKS US TO CHANGE MIDEAST STANCE
"Saudi Arabia [Apr 16] asked the United States to rethink
its position on Palestinian rights. 'Convinced of the impact
of America's attitude to the chances for peace in the region,
Saudi Arabia hopes that (the US) will reconsider the situation
and do the needful to prevent a total collapse of the peace
process,' an official told the Saudi Press Agency. He was
reacting to US backing for an Israeli plan to pull out of the
Gaza Strip but retain vast stretches of the West Bank occupied
in 1967.." Complete
report..
SAUDI
'MILITANTS' KILL 4 POLICE
"Suspected Muslim militants have killed four Saudi
policemen in separate incidents north of the capital Riyadh.
Officers were shot at a checkpoint on the road to Qassim
province after ordering a car to stop. The attackers fled in
two stolen police cars. Police said the men had probably been
involved in a gun battle in Riyadh on [Apr 12] in which one
suspected militant and one police officer died.." Complete
report..
Also: MILITANT,
SECURITY OFFICER KILLED IN RIYADH CLASH
TERRORISTS
GUN DOWN FOUR POLICEMEN
SAUDI
ARABIA ARRESTS EIGHT SUSPECTED MILITANTS
~~GulfWire Link~~
SECOND
SHOOTING INCIDENT BAFFLES INVESTIGATORS - GWD Apr 12, 2004
IN
SAUDI ARABIA, FRESH RECRUITS FOR AL QAEDA
"Suspected Al Qaeda terrorists have waged a violent
campaign in Saudi Arabia since last May's car bombings of a
housing compound in the capital. Despite a stiff crackdown
against them by authorities, the group continues to gather new
recruits and enjoy logistical support from sympathizers,
analysts say. Just this week, six security officers and several suspected
terrorists were killed in a series of shootouts in and around
Riyadh.. ..Many of the terrorism suspects killed in
police shootouts are not on the list of wanted men issued by
authorities, indicating that new faces are joining the
group.." Complete
report..
US
CONGRESSMAN PRAISES SAUDI POLITICAL REFORMS
"A Republican Congressman has paid tributes to the
Kingdom for putting in place political reforms that go a long
way in liberalizing the government.. ..These reforms are very
helpful in a participatory form of government,"
Congressman Darrell Issa of California's 49th District, told
Arab News in a special interview.." Complete
report..
~~GulfWire Link~~
SAUDI
ARABIA'S CLERICS SET BOUNDARIES ON REFORMS - GWD Feb 2, 2004
KERRY
ASSAILS BUSH ON RELATIONSHIP WITH SAUDI ARABIA
Democrat Sen. John F. Kerry Monday voiced unwavering support
for special U.S. ties with Israel and vowed to end 'sweetheart
relationships' with Arab countries like Saudi Arabia that he
said funded terror.." Complete
report..
AL-GOSAIBI
APPOINTED LABOR MINISTER
"Dr. Ghazi Al-Gosaibi, the minister of water and
electricity, has been appointed minister of labor, a Royal
Court statement said. Al-Gosaibi is succeeded as minister of
water and electricity by Abdullah ibn Abdul Rahman Al-Hussayen. Dr. Ali
Al-Namlah, who was minister of labor and
social affairs, has been named minister of social affairs..
..The reshuffle comes after the Council of Ministers last
month decided to establish a separate Ministry of Labor and
abolish the Manpower Council.." Complete
report..
~~GulfWire Link~~
SAUDI
SETS UP SEPARATE LABOR MINISTRY - GWD Mar 22, 2004
BIGGEST
EVER DRUG BUST IN RIYADH
"Saudi Arabia said [Apr 12] its drug enforcement agency
foiled an attempt to smuggle in more than five tons of hashish
in the largest drug bust in the Kingdom's history.. ..Maj.
Gen. Othman Al-Assaf said police arrested eight suspects -
seven from an East Asian country and one Arab - in the act of
receiving the drugs at a warehouse. They later arrested three
others who took part in the operation.." Complete
report..
SAUDIS
ARREST RELIGIOUS REFORMIST
"Police in Saudi Arabia have arrested an advocate of
religious reform, two days after he appeared on the Arab
television station, al-Jazeera. Officers arrested Saeed bin
Mubarak al-Zaeer, 57, in Riyadh. He was released a year ago
after spending eight years in prison without charge. A family
member told the BBC he thought the authorities had used the TV
appearance as a pretext for his arrest.. ..Mr Zaeer is an
academic in mass communications and a religious reformist who
has called for greater transparency within the closely
state-monitored Saudi clergy.." Complete
report..
|
Saudi
Arabia's Role in Combating Terrorism
State,
Treasury and FBI Officials Testify to Congress
[more] |

|
13
PERCENT OF SAUDI YOUTH REMAIN JOBLESS
"New figures released after a study of the economy for
the first quarter of 2004 show that in spite of massive
efforts to boost Saudization, unemployment among Saudi males
remains at 13 percent, up 0.5 percent in the first quarter of
this year.. ..The unemployment rates went up progressively to
9 percent in 2000, 10.50 percent in 2001, 11.90 percent in
2002 percent and 12.50 percent last year. The expatriate
population during the same period rose from 5.02 million to
5.7 million, indicating that the Saudization drive has not
picked up the required momentum.." Complete
report..
SAMA
MAY FREEZE HALF A MILLION BANK ACCOUNTS
"The Saudi Arabian Monetary Agency (SAMA) estimates that
more than half a million bank accounts will be frozen by the
end of the month, said a report. Khaled Abu Obeid, head
of SAMA's committee tackling financial crime and money
laundering, was quoted in the press as saying by the end of
the month 500,000 personal accounts and 30,000 corporate
accounts would be frozen for non-compliance with orders to
update account information.." Complete
report..
|
On
the Turquoise Coast:
Memories of a Ras Tanura Boyhood
By William Tracy
[more] |

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SMART
CARD IDS, IQAMAS SOON
"As part of the Kingdom's introduction of e-government,
the Interior Ministry says the long-awaited smart Saudi IDs
and family cards, expatriates' resident permits and driving
licenses will be introduced 'soon'.." Complete
report..
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News
- UAE |
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US FREEZING OF
ARBIFT ASSETS
"Sultan bin Nasser Al Suwaidi, Governor of the UAE Central
Bank, [Apr 12] lashed out strongly against the freezing of a UAE
bank's assets in the US although it was proved by the Bank of
England that the Arab Bank for Investment and Foreign Trade (ARBIFT) is not a Libyan bank but a UAE bank..
..ARBIFT's assets, valued currently at Dh450 ($122.5) million, are
frozen in the US. ARBIFT was placed by the US Treasury's OFAC
(Office of Foreign Asset Control) on its financial embargo list in
November 1992 due to its perception that the bank is a 'national
of Libya'.." Complete
report..
BRITISH MPS
ARRIVE ON UAE VISIT
"A five-member delegation of British Members of Parliament
arrived in Abu Dhabi [Apr 17] at the beginning of a weeklong visit
to the Emirates. The MPs, including four members of the governing
Labour Party, and one from the opposition Conservative party, are
members of the UK-UAE All-Party Parliamentary Group, recently
established to promote political, economic and cultural ties
between the two countries.. ..The MPs will be visiting both Abu
Dhabi and Dubai during their stay, as well as the offshore oil and
gas terminals on Das Island.." Complete
report..
UAE
POPULATION CROSSES 4M AT THE END OF 2003
"The UAE's population surged by 7.6 per cent last year to top
four million and maintain its position as having one of the
world's highest population growth rates. Figures by the Ministry
of Planning, obtained by Gulf News yesterday, showed the country's
total population stood at 4.041 million at the end of 2003, the
second largest population in the six-nation GCC after Saudi
Arabia.." Complete
report..
WOMEN
CONSTITUTE 32PC OF LANDOWNERS IN DUBAI
"In keeping with the increasing participation of women in
various sectors and their contribution towards the further growth
and development of the UAE society, women constituted 32 percent
of the landowners in Dubai last year.." Complete
report..
DUBAI
EXHIBITION TO ATTRACT TOP SECURITY FIRMS
"Some of the world's best security specialists will
participate in the Middle East Police and Law Enforcement
Exhibition at the Dubai Police Academy from May 3-5.." 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
ECONOMIC SURVEY
|
~~~Flashback~~~
..from the GulfWire archive..
|
<<ONE YEAR AGO>>
GULFWIRE
DIGEST #193 WEEK OF APRIL 21, 2003
US
LOOKS TO REDUCE SIZE OF FORCES IN GULF REGION
"General Richard Myers, the highest-ranking US
military officer, said [Apr. 15] that large numbers of
American forces might no longer need to be based in Kuwait
or Saudi Arabia following the downfall of Saddam Hussein's
regime in Iraq.. ..published reports have said that Saudi
Crown Prince Abdullah would ask the Bush administration to
remove US troops once the war was over.."
<<TWO YEARS AGO>>
GULFWIRE DIGEST #144 WEEK OF APRIL 29, 2002
U.S.
ENVISIONS BLUEPRINT ON IRAQ INCLUDING BIG INVASION NEXT
YEAR
"The planning now anticipates the possible extensive
use of bases for American forces in Turkey and Kuwait,
with Qatar as the replacement for the sophisticated air
operations center in Saudi Arabia, and with Oman and
Bahrain playing important roles.."
<<THREE YEARS AGO>>
GULFWIRE DIGEST #94 WEEK OF APRIL 30, 2001
GOVERNMENT
CONTROL OF INFORMATION NO LONGER POSSIBLE
"Opening the Arab Media Summit at Jumeirah Beach
Hotel yesterday, Sheikh Abdullah said the public will no
longer accept media that is seen as being
government-controlled and which seeks to provide a biased
view of events.."
<<FOUR YEARS AGO>>
GULFWIRE DIGEST #41 WEEK APRIL 17, 2000
SAUDI
ARABIA OPENS TO GREATER FOREIGN INVESTMENT
"Saudi Arabia's Council of Ministers has adopted a
new set of laws and rulings to reform and streamline the
country's system for promoting and approving new private
sector investment. For most types of industrial and
services ventures, the new system takes major steps to
'level the playing field' and provide 'national treatment'
for both local and foreign investors.."
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Business
- Region |
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[GulfWire] ENERGY FUTURES
- 04.16.04
Light Crude (NYM) $36.95 bbl DOWN from $37.14 bbl on 04.08.04
Brent Crude (IPE) $33.64 bbl UP from $33.19 bbl on 04.08.04
Heating Oil (NYM) $0.946 gal UP from $.9254 gal on 04.08.04
Natural Gas (NYM) $5.685 mmbtu DOWN from $5.941 mmbtu on 04.08.04
Unleaded Gas (NYM) $1.165 gal UP from $1.1508 gal on 04.08.04
Source: CNNfn

The Best Energy Resource in the World:
Country Analysis
Briefs
by DOE/EIA
SAUDIS SAID TO BOOST
OIL OUTPUT
"A top Saudi official has assured President Bush that his country will
increase oil production to lower gas prices before November to help the
president's re-election prospects, according to a broadcast report [Apr.
18].." Complete
report..
2004 MAY BE ANOTHER
BUMPER YEAR FOR GULF
"Gulf economies are expected to post robust growth this year, thanks to
strong oil prices. Based on oil prices realized in the first quarter of this
fiscal most analysts have predicted a bumper year for Gulf economies, the
fifth consecutive year these economies have been extending gains.." Complete
report..
UN: TRADE GROWS IN ARAB
REGION, BUT DEVELOPMENT LAGS
"The 1998 Greater Arab Free Trade Area (GAFTA) agreement has been more
successful in increasing intra-regional Arab trade than is generally believed.
However, a relative lack of foreign investment, coupled with the region's poor
technology infrastructure, have meant that the wealth of the region has failed
to keep pace with its share of the world's population.." Complete
report..
ARAB FUNDS TO DISCUSS
LOANS FOR IRAQ REBUILDING
"The Arab world's main financial organizations will hold two days of
talks in Kuwait from [Apr 15] to discuss loans for rebuilding projects in
war-torn Iraq. The annual meeting of the Abu Dhabi-based Arab Monetary Fund (AMF),
the Arab Fund for Economic and Social Development (AFESD) in Kuwait and three
other main Arab monetary institutions will also discuss loans for other Arab
nations as well.." Complete
report..
GCC STATES SET TO OPEN
UP BANKING SECTOR
"The six GCC countries are poised to open up their banking sector to
cross-border branches following Kuwait's decision just days ago to grant
licenses to foreign banks.. ..UAE's Central Bank Governor Sultan bin Nasser Al
Suwaidi said that under WTO rules, agreements relating to services, including
those for banking and financial services, will have to be negotiated on the
basis of reciprocity.." Complete
report..
IPRA: PROMOTING PR AS A
MAJOR DRIVER IN THE GULF
"As the Arab world continues to struggle with negative stereotyping
post-Sept. 11, private efforts have begun to build a cadre of public relations
professionals who can better represent the culture, community and commercial
interests of the region, internationally. Founded in 2003, the International
Public Relations Association (IPRA), Gulf Chapter, has a mission to promote
public relations as a major driver in the success of organizations and be
recognized throughout the Gulf region for advancing PR excellence.." Complete
report..
THE TROUBLE WITH
GUSHING OIL DEMAND
"..crude oil for delivery in May 2004, was running at $25 a barrel. [Apr
15], the New York Mercantile Exchange price for oil delivered next month is
over $36.. ..Now for the really bad news: While the price of oil could retreat
in coming months, hopes for a quick return to $25 a barrel are increasingly
remote.." Complete
report..
KUWAIT'S KPC, IRAQ'S
SOMO SIGN GASOLINE DEAL
"State-run Kuwait Petroleum Corp. has signed a three-month deal with
Baghdad's oil marketer SOMO for the export to Iraq of one million liters of
gasoline per day.. ..Kuwait has also reached initial agreement with Iraq to
import natural gas from its former foe.." Complete
report..
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Business
- Bahrain |
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BAHRAIN hub for
Indian bank's GCC operations
"ICICI Bank Limited, India's second largest bank in terms of
assets, is to make Bahrain the hub of its GCC operations, it was
revealed [Apr. 18].." Complete
report..
BMA LICENSE
FOR BANK OF CHINA
"The Bahrain Monetary Agency (BMA) has granted a license to the
Bank of China to establish a Representative Office in Bahrain..
..The Bank of China Bahrain Representative Office is the first
venture in the Middle East by a Chinese bank.. ..The Bank of China
is a wholly state-owned commercial bank, regulated by the China
Banking Regulatory Commission. It is the third largest bank in
China.." Complete
report..
ALUMINIUM
EXPO IN WORLD SPOTLIGHT
"It is being held at the Ritz-Carlton Bahrain Hotel and Spa
under the patronage of Prime Minister Shaikh Khalifa bin Salman Al
Khalifa.." Complete
report..
BATELCO
DOUBLES BANDWIDTH
"Internet services in Bahrain received a significant boost this
week following the completion of a major upgrade to the bandwidth
capacity of the network.." Complete
report..
BRITAIN URGED
TO USE BAHRAIN AS GULF HUB
"British trade and industry leaders have been urged to use
Bahrain as their gateway to the Gulf market.." Complete
report..
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Business
- Kuwait |
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KUWAIT MAY RAISE OUTPUT IF
PRICES STAY HIGH
"Kuwaiti Energy Minister Sheikh Ahmad Al Fahd Al Sabah said that his
country has not yet started implementing the April 1 production cuts agreed by
OPEC last month.. ..Asked if Kuwait will further increase unofficial production
above the agreed quota if oil prices remain high, he replied: 'I think so, this
is (the reality of) the market'.." Complete
report..
~~GulfWire Link~~
KUWAIT
SET TO BOOST OIL OUTPUT
REVENUES ROCKETING IN
KUWAIT
"Kuwait recorded its largest revenues in more than 25 years on the back of
high oil prices and a rise in output, and achieved a surplus for the fifth
straight year in fiscal 2003-2004.." Complete
report..
KUWAIT OUT OF STEP WITH
OPEC IN BID TO PLEASE US: GULF NEWS
"Whoever joked that Iraq was now the 51st US state hasn't looked at Kuwait
lately. This little oil-producing country that Saddam Hussain tried to gobble
up as his 19th province more than a decade ago has in recent months completed
its transformation into an American outpost. It also appears to have become
Washington's proxy within OPEC.." Complete
report..
NO MAY CUTS TO KUWAIT
CRUDE TO ASIA-TRADE
"Kuwait has informed key Asian customers it would supply the same volumes
of crude in May as in April, the first signal that the Middle East producer
might not cut oil output as agreed by the OPEC cartel at its last meeting.
Traders in South Korea and Japan said on [Apr 12] Kuwait had told customers in
the two importing nations that May term crude supplies would be unchanged from
April at about eight percent below full contract volumes.." Complete
report..
~~GulfWire Link~~
KUWAIT'S
CRUDE OIL TO JAPAN SURGES 27 PERCENT IN DECEMBER - GWD Feb 2, 2004
$1B CHEMICAL PLANT
PLANNED
"Kuwait Finance House (KFH) a $10 billion financial institution in Kuwait
with a major presence in Bahrain, [Apr 13] announced the setting up of a $1
billion chemical plant in Bahrain.. ..the institution has already obtained a
feasibility report and was in the process of negotiating with international
investors. The chemical project, the first of its kind privately funded venture
in Bahrain, will generate 500 jobs in addition to a transfer of technology and
expertise to the Kingdom.." Complete
report..
IRAN EYES ON GAS
PIPELINES TO AZERBAIJAN, ARMENIA, AND KUWAIT
"Iran is prepared to supply natural gas to the Azerbaijan, Armenia and
Kuwait through a gas pipeline.." Complete
report..
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Business
- Oman |
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OMAN TO SPEND
$730M TO ARREST OIL OUTPUT DECLINE
"Oman will spend 280 million rials ($727 million) this year to
help stem declining oil output in the Gulf Arab state.. ..Oil flows
in the independent producer have slipped to 760,000 barrels per day
(bpd) from 900,000 bpd in 2001 as pumping rates slow at the
country's ageing oilfields.." Complete
report..
~~GulfWire Link~~
OMAN
ON TARGET TO REVERSE OIL PRODUCTION DECLINE - GWD Apr 5, 2004
VALUE OF
OMAN'S LNG EXPORTS RISES
"Oman exported 536 million rials ($1.4 billion) worth of
liquefied natural gas (LNG) last year, 30.5 percent more than in
2002.. ..Revenues from LNG exports in 2003 accounted for 15 percent
of total oil and gas income last year.." Complete
report..
~~GulfWire Link~~
OMAN
URGED TO ACCELERATE LNG PRODUCTION - GWD Feb 16, 2004
OMAN LNG
SPURS ECONOMY FASTER THAN WAS FORECAST
"After only four years of production, Oman LNG is increasingly
becoming a major contributor to the Sultanate's economy, helping the
country to diversify its oil-based wealth faster than was forecast
earlier.. ..Oman LNG has been successful in marketing and concluding
sale deals with foreign companies. Given the fact that almost all
the neighboring countries are rich in natural gas, the company
shifted its attention to distant markets and its efforts have paid
rich dividends.." Complete
report..
~~GulfWire Link~~
OMAN
LNG EXPLORING NEW MARKETS - GWD Jun 23, 2003
NON-OIL
EXPORTS INCREASE BY 16.2PC
"The value of the Sultanate's non-oil exports increased by 16.2
per cent to RO304.1 million during last year compared with RO261.6
million during 2002, according to this year's third issue of the
monthly statistical bulletin released by the Ministry of National
Economy.." Complete
report..
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Business
- Qatar |
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QATAR SIGNS $30
MILLION DEAL WITH MAERSK OIL
"Qatar Petroleum has signed an exploration and production
sharing agreement with Denmark's Maersk Oil providing for $30
million in investment.. ..The deal signed on [Apr 13] between Qatar
Petroleum and Maersk Oil Qatar AS, a subsidiary of the Danish firm,
covers an area of 139 square kilometers (54 square miles) in an
offshore field.." Complete
report..
QATAR PLANS
27 MEGA INDUSTRIAL PROJECTS BY 2010
"Qatar is expected to launch 27 mega projects over the next
five to seven years and project spending until 2010 is estimated at
an astronomical $60 billion.. ..The volume of investment in these
ventures is six times more than the total project spending between
1990 and 1999, which was $13.4bn.." Complete
report..
DOLPHIN
AWARDS $115 MILLION DEAL TO SAIPEM
"Saipem of Italy has won the Engineering, Procurement and
Construction (EPC) award from Dolphin Energy Limited. The award
valued in excess of $115 million, covers engineering, procurement
and installation of two 36-inch diameter concrete-coated sea lines
offshore north east Qatar, for the forthcoming Dolphin Project.. ..Saipem was also recently awarded the EPC contract for the main
Export Pipeline.." Complete
report..
QATAR PLANS
TO LIBERALIZE JOB VISAS FOR INDIANS
"Qatar is planning to liberalize job visas for Indians,
particularly for technical and skilled professionals, Economy and
Commerce Minister Sheikh Mohamed Bin Ahmed Bin Jassim Al Thani has
said.. ..a decision on a liberalized visa regime for Indians 'is in
the final stages' and a decision could be expected soon, Qatari
media reports said.." Complete
report..
TOTAL AIMS TO
BOOST SMALL ENTERPRISES
"World energy giant, Total has set up a market research
division in Doha to promote close partnership between small and
medium enterprises in France and Qatar.." Complete
report..
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Business
- Saudi Arabia |
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SAUDI ARABIA TO RAISE
EXPORTS IN MAY
"OPEC kingpin Saudi Arabia is increasing exports of crude oil in May as a
slew of planned refinery maintenance leaves the kingdom an overhang of
supply.. ..Traders had expected Saudi Arabia shave term volumes in May, or at
least leave them unchanged from April following OPEC's decision on March 31 to
press through a cut of one million barrels a day (bpd) to group production.
Saudi Arabia fully supported enforcement of the April 1 cut and industry
sources in the kingdom stressed that Riyadh was still adhering to the output
curbs and was not increasing flows from the wellhead.." Complete
report..
~~GulfWire Link~~
SAUDI
ARABIA WILL NOT ALLOW SHORTAGES IN OIL MARKET - GWD Apr 5, 2004
SAUDI OIL
OUTPUT SEEN DOUBLING BY 2025
"Saudi Arabia's oil production is far from peaking, and the
kingdom's output will likely more than double over the next two
decades, the head of the US Energy Information Administration said
[Apr 14].. ..Guy Caruso, who heads the Energy Department's
analytical arm, said Saudi Arabia's current oil production capacity
of 10.5 million barrels per day (bpd) will likely increase to 22
million bpd by the year 2025.." Complete
report..
~~GulfWire Link~~
SAUDI
ARAMCO DISMISSES CLAIMS OVER PROBLEMS MEETING RISING - GWD Mar 1,
2004
Also:
FUTURE
OF GLOBAL OIL SUPPLY - SAUDI ARABIA
CABINET CUTS
TARIFF ON REINFORCED STEEL
"Saudi Arabia [Apr 12] decided to cut the tariff on reinforced
steel from 20 to five percent in a bid to control the rising iron
and steel prices that have driven up construction costs here..
..According to Muhammad Al-Anqari, chairman of the contractors
committee at the Jeddah Chamber of Commerce & Industry,
construction costs went up by 35 percent because of a rise in steel
prices.." Complete
report..
~~GulfWire Link~~
MANUFACTURERS
URGED TO STOP EXPORT OF STEEL - GWD Mar 29, 2004
TOP FOREIGN
FIRM TO DEVELOP TOURISM BRAND IDENTITY
"The Supreme Commission for Tourism (SCT) has appointed a
private branding consultancy to develop the Kingdom's tourism brand
identity. This is the first partnership with the private sector to
materialize under the Kingdom's new tourism strategy.. ..Landor
Associates, a global brand consulting and design agency, is slated
to help attract more non-traditional foreign tourists to the
Kingdom.." Complete
report..
TRAVEL
AGENCIES FACE CLOSURE FOR FAILURE TO COMPLY WITH SCT ORDER
"Some 180 travel agencies face possible closure unless they
submit details of all their staff before a new April 18 deadline.
The new date was announced here [Apr 12] following a meeting of a
special task force of the Supreme Commission for Tourism (SCT)
convened to discuss the lackluster response from travel agencies to
the original April 5 deadline.. ..There are more than 2,100 travel
agencies across the Kingdom including 300 in Riyadh alone.." Complete
report..
~~GulfWire Link~~
NEW
LICENSING RULES FOR TRAVEL AGENCIES SOON - GWD Mar 8, 2004
SAUDI ARABIA
TOP IT MARKET IN REGION
"Saudi Arabia remains the Middle East's most powerful economy
and is also the number one regional market for IT and computer sales
accounting for 40 per cent of the Middle East's IT sales.. ..the
Saudi government has recently begun the implementation of e-learning
initiatives across the Kingdom.." Complete
report..
SAMBA CHIEF
ANNOUNCES RECORD RESULTS FOR 1ST QUARTER
"Samba has announced record results for the quarter ended March
31 with net income of SR581 ($154.9) million, an increase of 21
percent over same period last year. More significantly, its core net
income without capital gains grew by a staggering 46 percent..
..Samba enjoys a strong capitalization and a healthy balance sheet
for shareholders‚ who have equity of SR9.6 ($2.5) billion
supporting total assets of SR85 ($22.6) billion.." Complete
report..
ACETEX TO
ESTABLISH US$1B JOINT VENTURE IN SAUDI ARABIA
"..with National Petrochemical Industrialization Co to build a
world class acetic acid, vinyl acetate monomer and methanol projects
in Jubail, Saudi Arabia.." Complete
report..
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Business
- UAE |
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UAE THROWS OPEN
TELECOM SECTOR
"The UAE is set to have new telecommunication companies after
it decided [Apr 11] to open up the telecommunications industry to
private sector players.. .. Industry specialists said the move would
give a strong push to the already fast growing telecommunication
industry in the UAE, upgrade services, and cut prices. It will also
end Etisalat's status as the sole-service provider in the
country.." Complete
report..
PETROL PRICES
TO GO UP
"Petrol will be dearer in the UAE from [Apr 17]. Price of
Special 95 octane will go up to Dh4.75 ($1.29) a gallon from Dh4 and
Super 98 octane to Dh5.25 a gallon from Dh5. The price hike comes in
the wake of crude oil prices reaching 13-year highs after OPEC
ministers decided to cut daily oil production by one million
barrels.. ..an agreement has been reached between the concerned
authorities and petroleum marketing companies in the UAE to increase
domestic fuel prices effective April 17, 2004.." Complete
report..
DUBAI'S NON
OIL TRADE UP TO $68.6 BILLION IN 2003
"Dubai's non-oil trade grew to AED252.07 billion ($68.6
billion) in 2003 from AED204.37 billion ($55.6 billion) in 2002,
boosted by strong economic growth, Gulf News daily
reported.." Complete
report..
DEAL SIGNED
TO SET UP UAE-KOREA BUSINESS COUNCIL
"An accord for the creation of a joint UAE-Korean business
council was signed [Apr 14 in Seoul] in the sidelines of the visit
of Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister, and
Minister of State for Foreign Affairs.
The accord aims at strengthening economic and commercial cooperation
between business and companies in each member country.." Complete
report..
TURKEY AIMS
TO BOOST UAE TIES WITH NEW TRADE OFFICE IN DUBAI
"Turkey has plans to open a trade office here shortly, said
Turkish Consul General Toufan Alpman. The country recently sent
Bilal Suruchu as its new commercial attaché to set up the new
organization, which is expected to boost bilateral trade.. ..'Trade
between the UAE and Turkey last year reached $1 billion, including
$750 million worth of Turkish exports, the rest being UAE exports to
our country,' said Alpman.." Complete
report..
DUBAI DUTY
FREE REPORTS 45PC RISE IN FIRST QUARTER SALES TO DH426M
"First quarter sales for Dubai Duty Free topped Dh426 million
($118 million) representing a massive 45 percent increase over the
same period last year. The year-to-date figures place the award-winning operation very much
on track for annual sales of Dh1.45 billion ($420 million).. ..Dubai
Duty Free celebrated 20 years in operation last December.." Complete
report..
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