Omans Sharqiyah Desalination launches IPO

AME Info - Saturday 18th May, 2013

Oman's first independent water project (IWP), Sharqiyah Desalination Co (SDC) has floated an initial public offering (IPO) of 2.282 million shares, Times of Oman has reported. SDC has a paid-up capital of OR6.52m, said Xavier Joseph, CEO of the company. The shares will be available only to the individual investors and will close on June ...

Omans Al Suwadi Al Batinah Power planning IPOs by mid-2014

AME Info - Saturday 18th May, 2013

Oman's Al Suwadi Power Co and Al Batinah Power Co are likely to launch their initial public offerings (IPOs) by mid-2014, Muscat Daily has reported. "There will be two IPOs, each offering 35% of shares. Currently we are reviewing the exact timing for the IPO and in a few months we will be sitting down to formulate the plans," the CEO of Al Suwadi Power, Bernard Esselinckx, told ...

Qatar Holding acquires 40 of Italys Porta Nuova

AME Info - Saturday 18th May, 2013

Qatar Holding has agreed to buy a 40% stake in Milan's real estate development project Porta Nuova for an undisclosed sum, Reuters has reported. Qatar Holding will subscribe to newly issued shares with the remaining 60% staying in the hands of the current sponsors of the project, Porta Nouva developer, Hines Italia SGR, and Qatar Holding ...

Excerpts Syrian Government quadruples price of fuel oil. Hamas influencein Egypt Iran to head UN Conference on Disarmament 13 May 2013

IMRA - Saturday 18th May, 2013

Excerpts: Syrian Government quadruples price of fuel oil. Hamas influence in Egypt? Iran to head UN Conference on Disarmament 13 May 2013 +++SOURCE:The Syria Report 13 ...

Saudi Arabia has another case of new coronavirus WHO

Reuters - Saturday 18th May, 2013

LONDON (Reuters) - Saudi Arabia has reported another case of infection in a concentrated outbreak of a new strain of a virus that emerged in the Middle East last year and spread into Europe, the World Health Organization (WHO) said on ...

Egyptian police close Rafah crossing after colleagues kidnapped

Middle East Times - Saturday 18th May, 2013

Gaza . The action left hundreds of Gaza residents stuck at the border, the Palestinian Ma'an news agency reported. Police refused to open the crossing even after Egyptian Interior Minister Mohammad Ibrahim sent an assistant to Rafah to intercede. Police said they would only open the crossing when their colleagues are released. The seven police officers and soldiers, including four who ...

Will the UAE follow Frances foootsteps and let science determine Ramadan

The National - Saturday 18th May, 2013

ABU DHABI // The wait for the start of Ramadan is always an anxious one. After weeks of guesses and rumours about what the date will be, astronomers haul their telescopes to the highest point in their emirate and watch for the new crescent moon to usher in the Holy Month. But last week the French Muslim Council voted to do away with that, basing the start of Ramadan on astronomical calculations ...

20 flights without bags after Egypt airport strike

San Diego Union-Tribune - Saturday 18th May, 2013

CAIRO -; Egyptian officials say baggage handlers in Cairo's airport have gone on strike to protest a colleague's death, leaving passengers on 20 international flights from Europe and Arab countries waiting several hours for ...

Bahrain Free From Coronavirus Health Ministry said

Bahrain News Agency - Saturday 18th May, 2013

Manama-May-18(BNA)The Kingdom of Bahrain has today been declared free from Coronavirus disease-for the time being. The Health Ministry has issued a statement in this regard assuring the public that no cases of coronavirus have been diagnosed to-date in Bahrain. It urged people to abide by hygienic precautionary measures, including washing hands, avoiding touching one's eyes, mouth and ...

Federal agents arrested a Saudi Arabian traveler who arrived at Detroit Metropolitan Airport with a pressure cooker a key component used in the Boston Marathon bombings last month.

Turkish Press - Saturday 18th May, 2013

Detroit - Federal agents arrested a Saudi Arabian traveler who arrived at Detroit Metropolitan Airport with a pressure cooker, a key component used in the Boston Marathon bombings last month.Hussain Al Kwawahir appeared for a brief hearing at 1 p.m. in federal court on charges he allegedly used an altered passport and lied to a U.S. Customs and Border Protection Agent about the pressure ...

Qatar Holding Italy fund eying Versace - paper

West Australian - Saturday 18th May, 2013

Reuters © Pedestrians walk past the Versace store on Fifth Avenue in New York October 8, 2009. U.S. retailers posted their first monthly sales increase in more than a year. REUTERS/Lucas ...

Egypt keeps Gaza border closed due to kidnapping

Jerusalem Post - Saturday 18th May, 2013

CAIRO - Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again on Saturday, stranding hundreds of Palestinian travellers, witnesses said.The protest began on Friday when police strung barbed wire across the Rafah border post and chained up the gates, local residents said, a day after the ...

Irans Destabilizing Activities in The Middle East Under Scrutiny

News Blaze - Saturday 18th May, 2013

making headlines around the world, Iran is also prominent for its destabilizing activities in the Middle East, according to the United States in America. In her written testimony before the Senate Foreign Relations Committee, Under Secretary Wendy Sherman says Iran is the world's foremost state sponsor of terrorism, which it uses as a strategic tool of its foreign policy. Beyond its ...

AP PHOTOS Palestinians in Egypt village exhibit consequences of 65 years of mass displacement

Canada.com - Saturday 18th May, 2013

In this Friday, May 17, 2013 photo, Palestinian refugee Sulaiman al-Namodi, 92, sits outside of his house in Gezirat al-Fadel village, Sharqiya, about 150 kilometers (93 miles) east of Cairo, Egypt. As Palestinians around the world recently marked the 65th anniversary of their mass displacement during the war over Israel's 1948 creation, the refugees in Gezirat al-Fadel say they have it ...

First Saudi woman to climb Everest reaches peak

Middle East Times - Saturday 18th May, 2013

A 25-year-old climber who this weekend become the first Saudi woman to scale Mount Everest said she hopes her accomplishment inspires others. Raha Moharrak was among a four-member team of climbers from the Middle East that reached the summit of Mount Everest. She has said she hoped the climb would "inspire someone else to be the second," CNN reported. The university graduate made ...

Bahrain Slams Irresponsible Iranian Statements

Bahrain News Agency - Saturday 18th May, 2013

Manama-May-18(BNA)The Kingdom of Bahrain today strongly condemned the statements made by Iranian Assistant Foreign Minister for Arab and African Affairs Hussain Amir Abdullahyan. The Foreign Ministry slammed the irresponsible statements, being a flagrant interference in Bahrain's internal affairs, an unprecedented behavior in relations bonding states and an awkward demeanor in regional and ...

Bahrain To Host Gulf Medical Management Forum

Bahrain News Agency - Saturday 18th May, 2013

Manama-May-18(BNA)The Kingdom of Bahrain will host the 1st Gulf Medical Management on June 4-6 at InterContinental Regency Hotel. Bahrain Medical Society and Act smart Public Relations Consultancy will organize the symposium under the patronage of Health Minister Sadiq bin Abdulkarim Al-Shehabi. BMS Chairperson Dr. Maha Al-Muqla said that preparations for the upcoming symposium had already been ...

Syrias Assad says he wont step down

Tampa Bay Online - Saturday 18th May, 2013

The Syrian leader's comments, published Saturday in the Argentine newspaper Clarin, highlight the difficulties the U.S. and Russia face in getting the Assad regime and Syria's political opposition to the table at an international conference envisioned for next ...

Why a Middle East role is essential for the nuclear nonproliferation regime

Global Post - Saturday 18th May, 2013

CAMBRIDGE --The meeting of the preparatory committee (PrepCom) for the2015 nuclear Non-Proliferation Treaty (NPT) Review Conferencepredictably ended in failure to lay the ground for the event earlier this month. The core reason was the inability to convene a meeting in Helsinki last December on the establishment of a Weapons of Mass Destruction Free Zone (WMDFZ) in ...

Gaza tunnel collapse kills Palestinian

The Daily Star - Saturday 18th May, 2013

A smuggler carries food from Kentucky Fried Chicken to be delivered through an underground tunnel linking the Gaza Strip to Egypt, on May 13, 2013 in Rafah. AFP ...

Williams and Azarenka reach Italian Open finals

Middle East Times - Saturday 18th May, 2013

Serena Williams of the United States cruised into the Italian Open finals Saturday by dispatching Simona Halep of Romania 6-3, 6-0. Williams, who extended her winning streak to 23 consecutive matches, will take ...

Kerry returns to region after Israelis snub Arab Peace Initiative

The National - Saturday 18th May, 2013

TEL AVIV // Never in its 65-year history has Israel had such an offer: normal relations with every Arab state and a possible claim to land inside the Palestinian territories. The US secretary of state John Kerry travels to the Middle East this week with stops in Jerusalem and Ramallah for talks on the Israeli-Palestinian conflict. His trip comes after he convinced the Arab League last month to ...