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Fifa World Cup-themed $820 million mall for Qatar
A QR 3 billion (US$820 million) World-cup themed shopping mall in Doha which hopes to attract 20 million visitors a year is set to be completed in 2015 the developer said yesterday. Developer UrbaCon Trading & Contracting said the Mall of Qatar, a 162,000 square metre mall located in Doha next to one of the future venues for the FIFA 2022 World Cup, has been designed with a FIFA theme. ...
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US Israel raise hopes for Mideast peace restart
JERUSALEM -; The United States and Israel are raising hopes for a restart of the Middle East peace process after more than four years of hardly any ...
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Disturbances that put spell on Middle East North Africa to be long-term most apparently - Lavrov
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Qatar still backs dollar peg – cen bank boss
Rival news agency Reuters quoted the central bank's director of research earlier this week as saying that a "more flexible exchange rate" than the peg allowed would better suit managing inflation risk over the next ...
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Kuwait sees quiet revival in arts scene
After two lacklustre decades, Kuwait is experiencing a quiet revival of an arts scene once known as the most avant garde in the Gulf, thanks to a new generation eager to tackle sensitive issues using cutting-edge art ...
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Euro leagues could challenge Qatar 2022 in court
European football leagues could launch legal challenges if Qatar attempts to move the FIFA World Cup 2022 to winter, the head of Germany's top league has ...
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Egypts 2011 jailbreaks still a mystery carry potential embarrassment for Islamist leader
FILE - In this Wednesday, April 28, 2010 file photo, relatives of the 26 suspected Hezbollah members, accused of plotting attacks on tourists and shipping in the Suez Canal and sending operatives and explosives to Gaza to help militant groups there, waves to prison vehicles carrying them outside Emergency State Security Court in New Cairo, Egypt. It was one of the most perplexing events of ...
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Saudi Arabia sees win-win in solar energy boom
A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the ...
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2011 jail breaks become political issue in Egypt
CAIRO -- It was one of the most perplexing events of Egypt's revolution: orchestrated attacks on prisons around the country that broke out more than 20,000 inmates while police were tied down with the massive popular protests that swept autocrat Hosni Mubarak from power.The prison breaks added to the chaos during the 18-day uprising in 2011, and the flood of criminals onto the streets ...
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Qatar Airs cargo unit adds three new planes
The new A330s have replaced three Airbus A300 freighters that the airline has phased out of the fleet to make way for the new state-of-the-art ...
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No political crisis in Kuwait claims speaker
The speaker of Kuwait's National Assembly insisted that there is no "political crisis" in the Gulf state, amid moves to question the oil and interior ministers in ...
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U.S. may arm rebels if diplomacy fails Kerry says
John Kerry said. "In the event that we can't find that way forward, in the event that the Assad regime is unwilling to negotiate in good faith, we will also talk about our continued support and growing support for the opposition in order to permit them to continue to fight for the freedom of their country," Kerry said in Amman, Jordan, before a Friends of Syria meeting with key ...
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Mall of Qatar project set for 2015 opening
Construction has started on Doha's QR3bn ($820m) Mall of Qatar, which will be the largest retail centre in the Gulf state when it is completed in September ...
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Report Saudi bailout of Pakistan energy sector likely
Pakistan may get a bailout worth up to $15 billion from Saudi Arabia for its troubled energy sector, a Pakistani official told Dawn newspaper. The Saudi assistance could consist of supplies of crude and furnace oil on deferred payment at a time when Pakistan's energy sector faces a host of financial and other problems, resulting in constant load shedding or rolling blackouts. The report ...
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Blast leaves 12 killed 17 injured in SW Pakistan
At least 12 people including 10 security men were killed and 17 others injured when a bomb went off near an army vehicle in Pakistan's southwest Quetta city on Thursday morning, local officials ...
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Oman Air boosts fleet with three new A330-300
The aircraft will be operated on long haul routes Oman Air, the national carrier of the Sultanate of Oman, has placed an order for three A330-300s, growing its A330 Family fleet to a total of ten Airbus aircraft, according to a press release on Wednesday.The aircraft will be operated on long haul routes and can comfortably seat close to 300 passengers."The efficiency, reliability and ...
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Morsi appeals to opposition for unified Egypt in face increasingly popular rebellion petition
Egyptian President Mohamed Morsi appealed Wednesday to the opposition for unity, in the face of criticism he is failing the revolution that brought him to power almost a year ...
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Bundesliga chief slams Qatar World Cup scheduling
Bundesliga chief executive Christian Seifert has slammed FIFA's decision to host World Cup 2022 in Qatar during the country's summer.Traditionally, the quadrennial showcase tournament is held during June and July.However, numerous senior football figures have called for FIFA to break with that tradition due to predicted extremely high temperatures in the country during those months.And ...
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Syria as a Game-Changer US Political Impotence in the Middle East
Limitations of US military power became quite obvious in later years. (Photo: Aljazeera) In an article published May 15, 2013, American historical social scientist Immanuel Wallerstein wrote, "Nothing illustrates more the limitations of Western power than the internal controversy its elites are having in public about what the United States in particular and western European states should ...
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US allies want transitional govt in Syria to end crisis
The foreign ministers of "Friends of Syria" nations said Wednesday that they want a transitional government in Syria that does not include current Syrian President Bashar al-Assad.At a meeting held in the Jordanian capital Amman, the foreign ministers said that Syrian President Assad should hand over power to a transitional government as a way of ending the cycle of violence in the ...
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Palestine urges UN Security Council to end provocations by Israel
Palestine has asked the UN Security Council to press Israel to end its "provocations," including restricting access to holy sites in East Jerusalem, a Palestinian envoy told reporters on Wednesday."We have sent to the president of the Security Council and to the secretary-general, during the course of the last two weeks, four letters about the illegal policies and practices of the ...
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Lebanese PM warns of state collapse
Lebanese caretaker Prime Minister Najib Miqati warned Wednesday that the "severe political divisions " in Lebanon will inevitably lead to the collapse of the state.Miqati urged all sides to rise above sectarianism, saying "we must exert efforts to restore trust between the political factions and start serious and responsible dialogue that maintains national and constitutional ...
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Irans nuclear enrichment capability expanded UN report
Iran expended its nuclear enrichment capability by installing hundreds of advanced centrifuges in a uranium enrichment plant, the UN nuclear watch dog reported in a confidential document on Wednesday.The report said Iran continues to install the IR-2m centrifuges, which could promote its uranium enrichment significantly in Natanz enrichment plant."As of 15 May 2013, four cascades had been ...
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Irans nuke power plant to be launched shortly Russias atomic agency
Iran's first nuclear power plant in Bushehr could start working "shortly", Russia's state atomic agency Rosatom said Wednesday."I have never announced the exact timing because our absolute priority is safety and the final decision will be made by the customer," Rosatom chief Sergei Kirienko told reporters.He added that Rosatom completely understands Iran's ...
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Majority of U.S. Senate panel backs arming rebels
U.S. Senate panel voted overwhelmingly Tuesday to send weapons to rebels late fighting Syria’s government, but it was not clear who would get the arms even if the bill succeeds, as Washington struggles to deal with its response to the conflict. ...
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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