Al Bawaba back issues from January 2006:
Four Deutsche Bank Islamic Indexes commence trading on DIFX
Jan 01, 2006 ... The Dubai International Financial Exchange (DIFX) announced thatfour new Sharia'h compliant financial indexes from Deutsche Bank wereadmitted to its Official List of traded securities on December 27,2005 and have commenced trading. This takes the number of financialinstruments listed on ...
Mobile phone purchase at Cellucom bags AED 100,000 for house wife
Jan 01, 2006 ... The reality of winning AED 100,000 has not sunk in for a Sharjahbased house wife, Jannath Yasmin, who purchased a new mobile phonerecently from a Cellucom outlet in the UAE. Ms. Yasmin was the luckywinner of the weekly draw. The prize money was awarded recently atthe Spinney's Cellucom ...
British University in Dubai Announces New Scholarships for 2006
Jan 01, 2006 ... The British University in Dubai (BUiD), the region's firstresearch based university, has announced that 20 new scholarshipswill be made available for the new semester in January 2006. BUiD is involved in many significant research projects whichdirectly impact on society in the ...
The Bride Show Dubai 2006 to host sixth consecutive Swarovski Young Designer of The Year Award 2006
Jan 01, 2006 ... Organisers of Dubai's forthcoming Bride Show have announced thatthe prestigious Swarovski Young Designer of The Year Award 2006 willbe awarded for the sixth consecutive year, to talented students offashion design and amateur fashion designers from the Middle East,during the region's ...
Doha Securities Market boomed in 2005
Jan 01, 2006 ... Despite low trading sentiment witnessed at the Doha SecuritiesMarket (DSM) for quite some time, the domestic bourse boomed by over70 per cent last year. According to the Peninsula, the market indexrose by almost 4,560 points to close at 11,053 at the end of ...
Kuwait: Significant rise in inflation
Jan 01, 2006 ... Healthy economic growth in Kuwait was accompanied with asignificant rise in inflation. Measured by the growth of ConsumerPrice Index (CPI), inflation wnt up to 3.92 per cent in 2Q2005 froman extremely low level of 0.89 per ...
Dubai: Land transactions during Nov. 2005
Jan 01, 2006 ... Land transactions exceeded AED 1.88 billion in November 2005.There were a total of 137 cash sales during the month and these wereworth AED 927.44 millions, 77 mortgage transactions worth AED 868.95millions and 18 donations of land and property worth AED 91.04millions. The 137 ...
House and commercial property rents lift Qatar inflation
Jan 01, 2006 ... Inflation was a key issue in Qatar during 2005. The cost of livingadvanced by some 6%. According to official figures, house andcommercial property ...
Yemen landslide: Death toll rises to 54
Jan 01, 2006 ... The death toll from a landslide that devastated the Yemeni villageof al-Dhafeer village, west of Sana'a, last week has risen to 54, AFPreported Sunday. Since Saturday rescue teams have found one body. Allin all, 28 female and 26 males died in the disaster. Yemeni source said at ...
Syria signs US$39 million contract to import Chinese buses
Jan 01, 2006 ... Syria's Transport Ministry has signed a contract with the ChineseZijan Timis Company whereby 600 buses will be imported to thecountry. According to SANA, the contract was signed by SyrianTransport Minister, Makram Obeid and Director of the Chinese company,Wang WI Gang. The US$ 39 ...
Rise in number of tourists visiting Petra
Jan 01, 2006 ... More than 370,000 tourists visited the red- rose city of Petra in2005, say an increase of 25%. ''Between 1000 to 2000 persons is thedaily range of ...
US oil firms return to Libya
Jan 01, 2006 ... ConocoPhillips has announced that, in conjunction with its co-venturers, it has reached agreement with the Libyan National OilCorporation on the terms under which it will return to its former oiland gas production operations in Libya. Under the agreement, ConocoPhillips and ...
Eid-al-Adha on Jan. 10
Jan 01, 2006 ... The Supreme Judicial Council has announced that Sunday Jan 1,2006, is the first day of Dhul Hijja. Accordingly standing in ...
2005: Record year for Saudi Stock Market
Jan 01, 2006 ... The Saudi Stock Market's All Share Index by the end of the year2005 closed at 16,712.64 points compared with 8206.23 for 2004, sayan increase of 103.66%. It recorded its highest point in its historyat 16,988.08 points on December 15, 2005. The capitalization of the market reached ...
Bouteflika returns from Paris
Jan 01, 2006 ... Algerian President Abdelaziz Bouteflika recieved a warm welcome,following his return Saturday to Algiers from Paris where he had asurgical operation after a haemorrhagic ulcer, followed by aconvalescing period. At his arrival at Houari Boumedieneinternational airport at 11h30 ...
Syrian leadership terms former VP as "traitor, US Israeli agent, defector and deserter"
Jan 01, 2006 ... The National Leadership of the ruling Ba'ath party decided onSunday to expel Former Vice President Abdulhalim Khaddam, consideringhim as a "traitor" to the party and Syria and saying he has deviatedfrom the "party principles, values and struggle traditions." In a statement to the ...
Sabban Property Investments increases international exposure
Jan 02, 2006 ... After the participation at the Qatar International Real Estate andInvestment Exhibition and Dubai Cityscape show this year, SabbanProperty Investments (SPI), a Gulf-based family-owned real estateproperty development company, announced its recent participation inthree different ...
New cinema offer for Alissa
Jan 02, 2006 ... A major production company is striving to convince Lebanese singerAlissa to accept the leading role in the new film "Al Hares" (TheGuard), directed by Amro Arafeh. The film also stars prominentEgyptian actors Hussein Fahmi and Majed Al Masri. According to the Saudi based daily, Al ...
Israeli Air Force targets building in Gaza Strip, Israeli soldier shot in West Bank
Jan 02, 2006 ... The Israeli Air Force targeted the southern Gaza Strip on Mondayin an aerial attack aimed at a building used by the Palestinian AlAqsa Martyr's Brigade faction, allegedly behind the recent barrage ofrocket fire on southern Israeli towns. One missile was reportedly fired at the ...
Double the fun this DSF at The Market!
Jan 02, 2006 ... The Market, the friendly shopping centre at Green Community, hasannounced its participation as support sponsor for the Dubai ShoppingFestival, an annual event which is reputed to be the most excitingcelebration of shopping, winning and entertainment in the region. Mr. Simon Azzam, ...
Carol Samaha sings for children with Cancer
Jan 02, 2006 ... Lebanese singer Carol Samaha recently visited the Children'sCancer Center in Lebanon to perform her latest single, "Shu Hilweh ElDInia" (How Beautiful Life Is). The new song was composed and distributed by Jan Mari Riashi, andwas written by Nizar Francis. According to the ...
Hisham Abbas heads to the cinema and theater stage
Jan 02, 2006 ... Egyptian director Khaled Jalal has confirmed the opening of hisnew play, "Al Iskafi Malikan" (The Shoeman a King), has been delayedand not canceled. The entire cast will return for rehearsals after the New Year, andthe play will open at the end of February, Jalal ...
Kuwaiti Ministry of Information intensifies efforts to reduce software piracy rate
Jan 02, 2006 ... The Kuwaiti Ministry of Information has intensified efforts tobring down software piracy rate in the country and has strengthenedits association with Business Software Alliance (BSA), theorganization dedicated to promoting a safe and legal digital world,in order to ensure protection of ...
SABBAN PROPERTY INVESTMENTS ACTIVELY INCREASES THEIR INTERNATIONAL EXPOSURE
Jan 02, 2006 ... After the successful participation at the Qatar International RealEstate and Investment Exhibition and Dubai Cityscape show this year,Sabban Property Investments (SPI), a Gulf-based family-owned realestate property development company, announced its recentparticipation in three different ...
JUMEIRAH'S LOWNDES HOTEL IN LONDON TO UNDERGO MULTIMILLION DOLLAR REFURBISHMENT AND REBRAND
Jan 02, 2006 ... The Lowndes Hotel in London, part of Jumeirah, the Dubai-basedyoung and dynamic luxury hospitality group, has closed its doors toundergo a USD14 million refurbishment programme.Set in Knightsbridge,one of London's prime locations, The Lowndes Hotel in BelgraviaVillage, is scheduled to ...
Ajman: Rent disputes resolved
Jan 02, 2006 ... Ajman Municipality's Rent Dispute Committee has recently reviewedand resolved 23 disputes between owners and tenants. Speaking toKhaleej Times, Hamad Al Sanad, Administration Director of AjmanMunicipality, said all the disputes were ...
Kuwait wants to increase national employment in banking sector
Jan 02, 2006 ... The Labor Department at the Kuwaiti Ministry of Social Affairs andLabor will soon study "increasing the national employment percentagein the banking sector," indicated a ministry source, according toArab Times. Pointing out the Undersecretary of Labor Hamad Al-Meadadi will ...
Land auction in Mecca halted
Jan 02, 2006 ... Mecca police halted the public auction of a piece of land for thesecond day shortly after it commenced. A group of nationals claimedownership of the land and they called the police, Al-Madinah dailyreported. The angry citizens entered the ...
Dubai: 61,140 square meter project of cold stores approved
Jan 02, 2006 ... Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAEMinister of Finance and Industry and Chairman of Dubai Municipality,has approved a Dhs107 million project for building cold stores at theDubai Central Fruits and Vegetables Market. This was stated by QassimSultan, Director ...
Dubai Municipality issues license to construct 70-story tower
Jan 02, 2006 ... Dubai Municipality has recently issued the license to construct a70-story tower in the Trade Centre 2 Area at a cost of Dhs200million. Engineer Khalid Mohammed Saleh, Director of the BuildingDepartment of the Municipality, said the proposed tower would consistof residential apartments ...
Yemen president vows to punish kidnappers
Jan 02, 2006 ... Yemen's President Ali Abdullah Saleh met on Sunday the formerGerman diplomat Juergen Chrobog and his family who were freed onSaturday after three days in custody in Shabwa. According to Saba, heassured that kidnapping "is irresponsible and inhumane practice allYemeni people denounce ...
Oman: General expenditure for 2006 set at US$11 billion
Jan 02, 2006 ... Ahmed bin Abdul-Nabi Macki, Oman's Minister of National Economyand Deputy Chairman of the Financial Affairs and Energy ResourcesCouncil has said the volume of the state general budget's generalexpenditure for 2006 is estimated at RO. 4.237 billion (US$11.2billion) and revenues of the ...
Eneco Energie unlocks performance with Cognos CPM solution
Jan 02, 2006 ... Cognos (Nasdaq: COGN; TSX: CSN), the world leader in businessintelligence and corporate performance management (CPM), hasannounced that Eneco Energie has deployed Cognos' CPM solution acrossits organisation to consolidate a wide range of systems andprocesses, and to obtain a ...
BAHRAIN SET SAIL FOR NEW DUBAI MATCH RACE TITLE
Jan 02, 2006 ... Bahrain's brightest young sailing hopefuls have emerged as theearly favourites for the new match racing series being launched laterthis month at the Dubai Junior Regatta. Two young Bahraini teams head for the world's biggest juniorsailing event full of optimism after taking first ...
Emirates Bank Introduces the Unbeatable 'Gold for Gold' Rewards Program
Jan 02, 2006 ... Emirates Bank introduces its unique 'Gold for Gold' rewardprogram, presenting golden opportunities to collect specially mintedpure 24K gold coins. The program is designed for meGOLD card holdersincluding those who aspire to become meGOLD card holders. There are many easy ways a ...
imcan Achieves Outstanding Results by Executing A Trading Volume of Over 1 Billion Jordanian Dinars
Jan 02, 2006 ... imcan for Brokerage and Trading (a member of the Tantash Group)announced that it has Traded over 1 billion Jordanian Dinars in AmmanStock Exchange during 2005,This outstanding accomplishment for ayoung two-year old company only validates customers increasingconfidence in imcan to attain ...
FIRST BOUTIQUE HOSPITAL OPENS IN JEBEL ALI
Jan 02, 2006 ... Residents of New Dubai are now able to benefit from the world-class medical services offered by Jebel Ali Hospital, a new boutiquehospital adjacent to The Gardens. Providing welcome relief to the neighbouring communities ofEmirates Hills, Dubai Marina and The Gardens, amongst ...
Dubai eGovernment announces major e-learning initiative in celebration of DSF 2006
Jan 02, 2006 ... Dubai eGovernment (DEG) has announced a major e-learninginitiative during Dubai Shopping Festival (DSF) 2006, in celebrationof the Festival. Dubai eGovernment will offer free Digital Mediacourses to UAE residents and citizens during DSF 2006. The Digital Media course is open to all ...
Jadaf Dubai and Dubai Police enter into agreement on using public opinion centre services
Jan 02, 2006 ... Jadaf Dubai, the oldest ship repair and industrial marine yard inthe Arabian Gulf region, has signed an agreement with Dubai Police toavail the services of Dubai Police's innovative public opinioncentre. Jadaf Dubai is the first organization to adopt the servicesof the public opinion ...
Waseel's electronic insurance claims services generate overwhelming response
Jan 02, 2006 ... The state-of-the-art online solutions from Waseel, the firstmedical insurance ASP (Application Service Provider) serving theSaudi Arabian and Gulf region, has met with tremendous success in theKingdom of Saudi Arabia, with about 115 medical institutions adoptingthe solutions to ...
Iran insists on uranium enrichment on its soil and not in Russia
Jan 02, 2006 ... Iranian Government Spokesman Gholam-Hossein Elham said Tehraninsists on its right to enrich uranium on its soil and on theprinciples already defined in the nuclear energy issue. According to Irna, he told reporters in his weekly pressconference that the government's stance is to ...
Bullish trend on DFM
Jan 02, 2006 ... The bulls which had reduced their pace on the DFM during the lastmonth geared up today and began the New Year with a bang. TheInvestment and Service sectors were the driving figures behindtoday's performance. The Dubai Financial Market surged by 4.22 per cent and ended theday's ...
Iran: Oil and gas reserves worth 3,000 billion dollars
Jan 02, 2006 ... Iran has 3,000 billion dollars worth of oil and gas reserves atcurrent prices, a member of the presiding board of Sharif Universityof Technology, Abbas Maleki, said. The Persian-language daily Khabar on Monday quoted Maleki assaying that while Iran has 1 percent of the world's ...
Chaos in Gaza Strip grows as two Japanese activists escape kidnapping attempt
Jan 02, 2006 ... Two Japanese peace activists working in the southern Gaza Stripmanaged to survive a kidnapping attempt on Monday. The two, a man andhis female cousin, were walking at the time in the Barazilneighborhood of Rafah where they work for a local NGO, when gunmenattempted unsuccessfully to ...
Al Shaheen Club Sponsors the Dubai Desert Classic for Third Year
Jan 02, 2006 ... Al Shaheen Club, Emirates Bank's priority banking service, hassealed the deal for the third year running, as Charity Putt Sponsorof the Dubai Desert Classic and aims to raise AED 100,000 for the RedCrescent this year. " It is always a pleasure for Al Shaheen Club to participate ...
ARABIAN ADVENTURES AND CONGRESS SOLUTIONS DUBAI TO STAGE SHOWCASE INCENTIVE TRAVEL FORUM
Jan 02, 2006 ... Emirates associated companies will organise a major incentivetravel industry forum to be held for the first time in Dubai. Arabian Adventures, the Middle East's leading destinationmanagement company and Congress Solutions Dubai, Emirates' recentlylaunched professional congress ...
Neptune wins Signature magazine contract
Jan 02, 2006 ... Dubai-based Neptune Advertising and Distribution (NAAD) has wonthe contract to publish the members magazine for Diners Club in theUAE. The contract covers the four issues of the magazine in 2006. Louis Scotto, Chairman of Diners Club, said: "Signature has beenan essential part of ...
11 Palestinians, 26 Jews arrested by Israeli troops in West Bank
Jan 03, 2006 ... Israeli soldiers arrested 11 Palestinians during overnight raidsin the West Bank on Monday night near the towns of Hebron, Bethlehem,and in the town of Qalqilya. Ten of the men were members of the Hamasfaction, and another was part of the Tanzim faction. Israeli troops also ...
THE BRIDE SHOW DUBAI PRESENTS THE BURJUMAN BRIDE & GROOM OF THE YEAR
Jan 03, 2006 ... You have found the perfect partner, now have the perfect wedding! Are you dreaming of getting married but can't seem to makedecisions and your budget does not stretch to accommodate your entiredream. Wouldn't it be great if someone could assist organizing it all foryou with ...
RIYADH BUSINESS WOMEN'S EXECUTIVE BOARD ORGANIZES THE FIRST BUSINESS WOMEN'S MEET ON SAUDI ARABIA'S ASCESSION TO THE WORLD TRADE ORGANIZATION
Jan 03, 2006 ... The first integrated business women's conference discussing theKingdom of Saudi Arabia's accession into the World Trade Organizationin January 2006 was held in Riyadh from the 26 till the 27th ofDecember 2005. Over 300 ladies from the Riyadh business communityand business women from ...
Eneco Energie unlocks performance with Cognos CPM solution
Jan 03, 2006 ... Cognos (Nasdaq: COGN; TSX: CSN), the world leader in businessintelligence and corporate performance management (CPM), hasannounced that Eneco Energie has deployed Cognos' CPM solution acrossits organisation to consolidate a wide range of systems andprocesses, and to obtain a ...
KSE: Real estae trade
Jan 03, 2006 ... Kuwait Stock Exchange (KSE) ended up posting 11,l472.3 points atclosing Monday with volume at 136.5 million shares, Kuna ...
Landlords in Mecca see financial opportunities ahead of Haj
Jan 03, 2006 ... A group of Umm Al-Qura University students are finding themselveshomeless, as landlords who see financial opportunities in kickingthem out to make room for rent-paying Haj pilgrims, Asharq ...
Land transactions in Dubai hit Dhs95.40 million
Jan 03, 2006 ... The total value of land transactions in Dubai yastarday peaked atDhs95.40 million, of which sales exceeded Dhs42 million. The totalvalue of mortgages during the period was Dhs53.6 million, accordingto the Land Department. A total of 8 sale transactions were registered with the ...
Qatar: Rentals of buildings discussed
Jan 03, 2006 ... Qatar's Services and Public Utilities Committee of the Advisory(Shura) Council held a meeting headed by its Rapporteur Saqer Fahd AlMereikhi at its seat at the White Palace Monday. According to thePeninsula, the committee discussed a draft law about some temporaryrules governing ...
Emaar's share price up
Jan 03, 2006 ... During Monday's trading on the DFM, Emaar's share price was up by2.81 per cent, closing higher at Dh23.80 ....
Razan Moughrabi joins 'The Crooks'
Jan 03, 2006 ... Lebanese television announcer-actor Razan Moughrabi has given herinitial agreement to star in the upcoming film "Al Nasabeen" (TheCrooks). The script was written by director Khaled Jalal, and thefilm will be directed by Rami Adel Imam, son of prominent Egyptiancomedian-actor Adel ...
Dina makes her way to the 'Hajj'
Jan 03, 2006 ... A number of Egyptian actors and performers are preparing to headto Saudi Arabia to perform the religious pilgrimage of the 'Hajj,' anew trend in the entertainment world. The stars gathered at a fancy hotel in Cairo to receive a briefingon the Hajj and what they will be doing along ...
Saudi-Egyptian summit to discuss Syria crisis; Damascus ready to cooperate within limits of "sovereignty"
Jan 03, 2006 ... Egyptian President Husni Mubarak is paying on Tuesday a shortvisit to Saudi Arabia. According to the Beirut-based A Safirnewspaper, talks will deal with the current situation in the region,especially in Iraq, Syria, Lebanon and the occupied Palestinianterritories. Mubarak will ...
ILO chooses Ahmad Izz
Jan 03, 2006 ... A protocol agreement was signed in Cairo at the end of Decemberbetween the International Labor Organization and young Egyptian actorAhmad Izz to name him as a 'Friend of the Organization' in theNorthern African region. The agreement comes as part of the current campaign waged in ...
CROWNE PLAZA'S "MAN WHO CAN" TAKES SPOTLIGHT AT JC MACLEAN HOTELIER AWARDS
Jan 03, 2006 ... InterContinental Hotels Group, the world's most global hotelcompany, announced that George Farhat, Front Office Manager at theCrowne Plaza Dubai has been nominated as Front Office Person of theYear at the JC Maclean Hotelier Awards. Renowned as the 'man who can' to both guests and ...
Nineteen Undergraduates from Princess Sumaya University for Technology Pass the First .NET Course by Japanese International Cooperation Agency
Jan 03, 2006 ... Nineteen undergraduates from Princess Sumaya University forTechnology (PSUT) have successfully passed the first in a series of e-Learning courses that are jointly organized with the JapaneseInternational Cooperation Agency (JICA). The "JICA NET" course was held at PSUT campus and ...
DUBAI-BASED DISTRIBUTOR CAPITALISES ON LIBYA'S WATER SUPPLY DEMANDS
Jan 03, 2006 ... Grundfos, a Danish water pump manufacturer and distributor withregional headquarters in the UAE, will begin meeting Libya's growingdemand for a modern water-supply system this year followingopportunities discovered at a trade fair for UAE businesses. The Middle East & North Africa ...
Qatar Economic & Strategic Outlook III
Jan 03, 2006 ... Qatar Economic & Strategic Outlook III Global : A day after Hurricane Katrina struck Louisiana andMississippi, York crude oil futures surged to a record $70.85 abarrel on August 30 Global : By the decade-end Qatar plans to boost its oil productioncapacity to one million ...
DWTC Begins Construction of New Exhibition Hall, Adding 15,000 sqm of Available Space for Booming Conference Sector
Jan 03, 2006 ... Directive from HH Sheikh Hamdan will Boost Exhibition Space by 30Percent Under the direction of His Highness Sheikh Hamdan bin Rashid AlMaktoum, UAE Minister for Finance and Industry, Deputy Ruler of Dubaiand Chairman of the Dubai World Trade Centre (DWTC), DWTC has begunthe ...