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Construction begins on new island off Jumeirah Beach in Dubai
Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...
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Saudi Arabia nabs 10 over spying for Iran
Saudi Arabia has arrested 10 people on suspicion of espionage for Iran, the interior ministry announced Tuesday. "Following an initial investigation, the security forces arrested 10 more suspects over involvement in the espionage acts for an Iranian espionage cell, reported Xinhua citing a spokesperson for the ministry. The arrestees, comprising eight Saudis, a Lebanese and a Turk, are linked ...
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Kerry Mideast Talks on Syria to Include Russian Call for Involving Iran
STATE DEPARTMENT U.S. Secretary of State John Kerry is in the Middle East this week for talks to promote an international peace conference on Syria. Russia wants Iran to be part of the process. In this fight for control of Syria, Iran is one of the biggest backers of embattled President Bashar al-Assad. So Russia says Iran should be part of the peace process. "Iran has ...
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Indian mission in Jeddah working to fix passport problem
The Indian consulate in Jeddah is using diplomatic channels to make passport authorities in Saudi Arabia accept newly-designed Indian passports, which they are refusing saying they were not officially informed about the change. According to Consul General Pranav Ganesh, the consulate is aware of the "unexpected problem", the Arab News reported Tuesday. "The matter has been taken up with the ...
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Debate in Egypt as IMF official urges govt to cut
The statement of an International Monetary Fund (IMF) official urging the Egyptian government to cut energy subsidies has stirred up debate among local experts.On Tuesday, Masood Ahmed, IMF chief for the Middle East and Central Asia, told reporters in Dubai that Egypt should cut energy subsidies and spend more in other fields to reinvigorate its ailing economy.Ahmed said Egypt spends on energy ...
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Syrian missiles in Israeli cities a matter of time Israeli
Syrian missile strikes on major urban centers in Israel are "just a matter of time," Israel's Home Front Defense Minister Gilad Erdan said Tuesday ahead of a national civil defense drill scheduled for next week."It is no longer a question of whether missiles will be fired toward dense population centers, but when. My answer is that it doesn't really matter. It can happen ...
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Irans Hashemi-Rafsanjani Rahim-Mashaei barred from
In a statement issued by Iranian Interior Ministry on Tuesday, the presidential hopefuls Akbar Hashemi-Rafsanjani, former moderate president, and Esfandiar Rahim- Mashaei, top aide of President Mahmoud Ahmadinejad, were not qualified for the country's upcoming presidential election.The statement said that Iran's Guardian Council of Constitution, the high legislative body of the ...
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Israeli minister nuclear Iran poses largest threat to Israel
Israeli Minister of Strategic and Intelligence Affairs, Yuval Steinitz, said on Monday that the most critical issue threatening Israel's security is a nuclear Iran.Steinitz made the comments in a speech given at an international security conference called the C5I (Command and Control, Computers, Communications, Cyber and Intelligence), which is aimed at sharing knowledge and ideas on ...
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Iran bars Rafsanjani Mashaei from election
This combination of eight pictures shows eight candidates approved Tuesday, May 21, 2013 for Iran's June 14 presidential election to replace Mahmoud Ahmadinejad, who cannot run again because of term limits, clockwise from left: Mohammad Gharazi, Mohsen Rezaei, Mohammad Bagher Qalibaf, Gholam Ali Haddad Adel, Saeed Jalili, Ali Akbar Velayati, and Hasan Rowhani, taken between May 9 and May ...
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Syrian rebels put up fierce resistance in Qusair
This citizen journalism image provided by Qusair Lens, which has been authenticated based on its contents and other AP reporting, shows Syrian citizens inspecting the rubble of damaged buildings that were damaged from a Syrian forces air strike in the town of Qusair, near the Lebanon border, Homs province, Syria, Tuesday, May 21, 2013. Several members of Lebanon's militant Hezbollah group ...
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Opposition demands guarantees Assad will quit
National Coalition – which Khatib has left – would be "the legitimate representative" of Syrian opposition forces in any negotiations. "Bashar Assad and his security regime are not a part of any transitional phase, and they have no role in Syria’s future," the document said, adding that there needed to be "international guarantees" for his ...
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Russia opposes forced Syria regime change
Hezbollah in Syria and the potential regional fallout, Zasypkin also assured that Russian missiles supplied to Syria will not reach Hezbollah. "I don’t know the details of the contracts [for supply of weapons to Syria] but I can confirm that the contract states those missiles must not reach a third party," he said. "Our utmost priority is stability and security in ...
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Jordan’s border clampdown shuts out refugees
U.N. figures show. All four unofficial crossing points used by refugees trying to escape bombardments in the southern province of Deraa have been closed for the past six days, refugees and aid workers say, although the official frontier post at Jaber remained open. They said Syrian families trying to pass into Jordan from the rebel-held border villages of Nasib and Tel Shehab had been turned ...
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Egypt tourist arrivals rise but not by enough
Egypt rose in the first four months of 2012, the Cabinet said Tuesday, but analysts say the sector is still suffering from the aftermath of the country’s 2011 uprising. The revolt that ousted ...
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Egypt passes new tax law in bid for economic reform
according to the Associated Press , describing the measure as one that will shift the burden on the poor to that of the nation's struggling small business sector. As for the nation's powerful and wealthy elite, the new law won't touch ...
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UN says it sees a major drop in number of Syrian refugees arriving in Jordan unsure why
GENEVA - U.N. officials said Tuesday that the number of Syrian refugees arriving in Jordan has suddenly fallen from an average of 2,500 a day to fewer than 20, and they are trying to quickly figure out why. Millions of people have been displaced in Syria as the civil war there has engulfed large areas, and Jordan has become a main refuge for Syrians who choose to flee their country. U.N. ...
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Third Time Wasn’t The Charm John Kerry Returns To The Middle East For A Fourth Go-Round
U.S. Secretary of State John Kerry , embarking on yet another trip to the Middle East, where he has already been three times since assuming office at the end of ...
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Saipem awards Oceaneering Egypt offshore deal
Italian oil and gas industry contractor Saipem has awarded Oceaneering International the contract to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order includes 10 subsea production control umbilicals totalling approximately 84km in length and two electrical power cables totalling around 55km in length. The project is set to be ...
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DSI awarded $460m contract in Saudi Arabia
Dubai-based Drake & Scull International has announced its general contracting unit has won a SR1.73bn ($460m) contract from Lamar Investment and Real Estate Development Co in Saudi Arabia, Zawya Dow Jones has reported. DSC Saudi Arabia will oversee and undertake construction work on the Lamar Towers project in Jeddah, the company said. The project, halted in 2009, was restructured and ...
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Chevron close to offloading downstream assets in Egypt
Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, with the planned disposals seen raising around $300m for the US energy firm, Reuters has reported. The energy firm has received at least three non-binding bids for the assets from interested parties, which include regional and international energy companies, one of the sources said, declining to provide ...
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Oman warns firms against violating midday break rule
Oman's manpower ministry has warned of legal action against private sector companies who are found to be flouting norms regarding the midday break for construction workers during the months of June, July and August, Muscat Daily has reported. "Work should be stopped for three hours, from 12.30pm to 3.30pm, during these three months," said the director general of labour welfare at ...
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Jordan says Bobcats to become Hornets in 2014
A side-by-side look at jerseys for the Charlotte Bobcats (left) and Hornets. (Dan Lippitt & Andy Hayt / Getty Images & NBA E) Charlotte Bobcats owner Michael Jordan announced Tuesday that the franchise has officially submitted paperwork to the NBA to change its name to the ';Hornets'; for the 2014-15 season. ';Let’s bring the buzz back,'; Jordan said at a press ...
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Staying at the Burj Al Arab Enjoy a 24-karat gold iPad
iPad for the hotel last October in support of Breast Cancer Awareness Month. "The Gold & Co. London 24-carat gold iPad is the ultimate in luxury accessories, hence we wanted it to be paired with Burj Al Arab, the world's most luxurious hotel," Amjad Ali, CEO of Gold & Co. London, said in a release. "The symmetry is obvious, as both the gold iPad and the hotel are ...
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Car bomb other attacks kill 20 in Iraq
In this photo taken on Monday, May 20, 2013, Ali Karim weeps over his daughter's coffin before her burial in the holy Shiite city of Najaf, 160 kilometers (100 miles) south of Baghdad, Iraq. A wave of car bombings across Baghdad's Shiite neighborhoods and in the southern city of Basra killed and wounded dozens of people, police said. (AP Photo/ Alaa ...
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Smit Tugs Move Crippled UASC Ship to Saudi Arabia
has been moved to Jeddah, Saudi Arabia, by two tugs from Smit Salvage.Prior to the arrival of the tugs, UASC vessels Ain Snan and Jebel Ali had, in turns, extended emergency support to the vessel.Full power was restored to the generators prior to the beginning of towage on May 13, and towage operations began on May 15. The vessel was cast off by the Smit tugs at Jeddah on May 18, when four tugs ...
Bahrain Spotlight
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Bahrain’s mortgage market weathers recession while other industries struggle
Bahrain’s sound fiscal health, as well as prudent investment decisions by industry leaders has created a situation in which the country is in a fairly strong position compared to other GCC states, especially with regards to the mortgage market, but it’s not all good news.
Bahrain’s mortgage market has achieved significant growth despite a challenging market and is now worth $1.4 billion dollars, making Bahrain one of the strongest countries in terms of realty in the GCC (Gulf Cooperation Council). There are a number of reasons for this. Read more
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