Al Bawaba back issues from May 2006:
Emaar breaks ground on US$3.4 billion waterfront community in Morocco
May 01, 2006 ... Emaar Properties broke ground at the Rabat waterfront, the site ofits fourth luxury planned community in Morocco. Situated on the Moroccan capital's western side, the 11 km long,330-hectare AED 12.5 billion (US$3.4 billion) Saphira developmentwill have high quality residential ...
Sludge Ponds
May 01, 2006 ... People make waste, and waste pollutes unless it is dealt withproperly. Sludge plants use air bubbles to speed up the naturalbreakdown of human waste by micro-organisms. Bacteria ...
Wyeth Holds Conference to Discuss Nutrition & Early Infant Development
May 01, 2006 ... Wyeth Nutrition today conducted a conference focused on "Nutritionand Early Infant Development", as part of its efforts to promoteinfant and child health in the region. Some of the most eminentindustry professionals, medical experts and scientists contributedtheir views on specific ...
Haifa Wahbi, fed up with Morocco
May 01, 2006 ... Lebanese singer Haifa Wahbi has requested that her businessmanager cancel all trips to Morocco and to refuse all requests tohold concerts or interviews with the Moroccan press. According to Al Massa daily, Haifa's decision is due to themistreatment she faced during her recent visit ...
New Energy
May 01, 2006 ... Extracting materials takes energy. Paper comes from trees, whichgrow slowly. Water comes from a fixed supply of rain. Plastics andfuels come from oil, which cannot be replaced. At the present,technology may not be able to maintain its rate of ...
Al-Nouri: Global Records 34 Fils EPS for the 1st. Quarter 2006,
May 01, 2006 ... Global Investment House "Global" announced a net profit of aroundKD20 million (USD68 million) for the 1st Quarter of 2006, whichtranslates into an EPS of 34 fils compared to 20 fils recorded in 1stQuarter 2005. The quarter's total revenues are about KD 26 million with anincrease ...
Guidance Financial Group Launches Fund Targeting 500 Million USD in Hotel Development
May 01, 2006 ... Guidance Financial Group is launching an innovative fund that willintroduce a new hotel brand in the Middle East and North Africa. The new brand, Shaza Hotels, was established in a joint venturewith world-renowned operator Kempinski Hotels and aims to develop 20hotel properties ...
Emirates Bank Offers Its Customers The Chance To Triple Their Salary This Summer
May 01, 2006 ... Emirates Bank continues to offer its customers a variety ofexciting promotions. "Transfer Your Salary and Win Twice Your SalaryBack" is a promotion being run from May 1st to June 30th, 2006 afterproving very successful and popular with a number of very happymeSELECT GOLD/ SILVER winners ...
Intel Developer Forum Returns to Cairo
May 01, 2006 ... Targeted at developers, ISVs, educational institutes, IT vendorsand corporate customers from across the Middle East, Turkey andAfrica region, Intel Corporation brings its showcase Intel DeveloperForum to Cairo on May 24. The forum showcase will include focus areas catered to ...
"Mina Al Arab" transforms Ras Al Khaimah into a world class tourist destination
May 01, 2006 ... Following its motto "Living Closer to Nature", RAK Properties(PJSC), the premier real estate development company of Ras AlKhaimah, has unveiled its second major development project in RAK"Mina Al Arab" at an estimated cost of AED 10 billion, that willoccupy a total area of 30 million ...
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum attends the Award's Evening for the Big Breakfast campaign
May 01, 2006 ... His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum Chairman of Dubai Technology and Media Free Zone Authority attendedthe Big Breakfast closing event last night accompanied by heads ofgovernment departments. The Big Breakfast campaign came to anofficial close last night at ...
Lufthansa extends paperless travel to Abu Dhabi
May 01, 2006 ... Etix, the electronic ticket less travel with Lufthansa is now alsomade available to its Abu Dhabi customers in the U.A.E. Passengerswith a Lufthansa Miles & More or a credit card can fly with theairline without a paper ticket within Germany as well as to a numberof international ...
Tommy Hilfiger Corporation to launch its first flagship store in the Middle East
May 01, 2006 ... Tommy Hilfiger, American fashion icon and top designer of one ofthe industry's leading brand names, will launch his first flagshipstore in the region on Tuesday May 9th at Mall of the Emirates. Apublic fashion show of Hilfiger's exciting Spring/Summer 2006collection will be held at 8pm, ...
Trident steps up global marketing efforts; identifies Ireland as key market for Dubai property
May 01, 2006 ... Recognizing the investing potential and interest in Dubai propertyfrom Ireland, Leading Real Estate Development Company, TridentInternational Holdings (TIH) said that the company has stepped upmarketing efforts in Ireland after receiving overwhelming responsefrom investors ...
Ronaldinho Named a Lenovo Worldwide Brand Ambassador
May 01, 2006 ... Lenovo Group Limited today announced a cooperation with FCBarcelona, and its super star Ronaldo de Assis Moreira, otherwiseknown as Ronaldinho Gaucho. Ronaldinho will be a Lenovo WorldwideBrand Ambassador. Ronaldinho, the FIFA World Player of the Year fortwo years running, currently ...
SABA Real Estate Launches SABA Facilities Management
May 01, 2006 ... SABA Real Estate, the Dubai-headquartered real estate major, hasannounced the launch of SABA Facilities Management to cater to thefacilities management requirements of SABA Tower 1, 2 and 3, inaddition to other projects within the Jumeirah Lake Towers (JLT)project. The move to ...
H.H. Sheikh Mohammad appreciates Tanmia's Emiratisation efforts during his visit to Tanmia stand at Careers UAE
May 01, 2006 ... H.H. Sheikh Mohammad Bin Rashid Al Maktoum, Vice President andPrime Minister of the UAE and Ruler of Dubai, accompanied by a high-profile entourage compromising of business leaders, VIPs and otherdignitaries, appreciated the Emiratisation efforts undertaken by theNational Human Resources ...
PCFC statistics indicate 815 per cent growth in milk and dairy product trade between 2000 and 2005
May 01, 2006 ... The UAE dairy sector has continued its strong growth, with totaltrade through Dubai registering an impressive 33 per cent growth in2005 over the previous year, according to trade traffic statisticscompiled by the Statistics Department of Dubai Ports, Customs andFree Zone (PCFC). More ...
DUBAI WORLD TRADE CENTRE AND TANMIA SIGN MOU TO SUPPORT EMIRATIZATION
May 01, 2006 ... Dubai World Trade Centre and The National Human ResourcesDevelopment and Employment Authority (Tanmia) have formally signed amemorandum of understanding to develop a range of activities thatwill support the recruitment and development of UAE nationals in thereal estate, hospitality, ...
Private sector opportunities the focus in Kuwait
May 01, 2006 ... Private sector opportunities in Kuwait will boom as a second yearof record oil prices triggers government infrastructure spending,according to speakers at MEED's upcoming Major Project Opportunitiesin Kuwait conference. The event, which will be held in Kuwait on May 15 16, will ...
NBK to Open its First Branch in Jeddah
May 01, 2006 ... National Bank of Kuwait (NBK), the largest financial institutionin Kuwait and the highest-rated bank in the Middle East will beinaugurating its first branch in Kingdom of Saudi Arabia-Jeddah onSaturday May 6. Highlighting the significance of the branch in Jeddah, NBK DeputyChief ...
Al Shanfari Group of Companies successfully implemented ORION to Help Meet Business Demands
May 01, 2006 ... 3i Infotech Limited, a global provider of IT solutions andservices announced today that Al Shanfari Group of Companies hassuccessfully implemented ORION to maximize the efficiency of theirbusiness processes. ORION enabled Al Shanfari Group of Companies tobetter manage the demands of ...
BBC Arabic inspired to focus on youth issues
May 01, 2006 ... BBC Arabic has been inspired by the success of its Your future whodecides it? events in Egypt, Jordan, Sudan, West Bank and Syria whichencouraged debate around a range of national and social issuesrelevant in the lives of young people. Head of BBC Arabic, Hosam Sokkari said the ...
Cisco Systems launches office in Jordan and speaks to decision makers at 'Cisco Expo 2006'
May 01, 2006 ... Cisco Systems will provide organizations in Jordan a look at thefuture of integrated intelligent networking solutions, at this year'sCisco Expo 2006. The show will be held in the country on 3rd May.Cisco Expo is an annual forum where Cisco Systems and its partnersshare their vision, ...
Empost embarks on a strategic expansion into 50 European countries
May 01, 2006 ... Empost, UAE's national courier company, continues to expand itsinternational operations into new markets with its recent entry intoEurope, by positioning itself as a quality provider of customisedcourier services. The move comes in line with Empost's strategy tomake the most of its past ...
e-TQM College signs MoU with Dubai Autism Center to emphasise the importance of quality
May 01, 2006 ... In a bid to further its corporate social responsibility efforts, e-TQM College, the pioneering e-learning institution specialized inoffering Total Quality Management education, has signed a Memorandumof Understanding (MoU) with Dubai Autism Center (DAC), whereby thecollege will provide ...
Qatari Diar Real Estate Investment Company Signs US$ 1.2 billion Deal with
May 01, 2006 ... Abu Dhabi Investment House to Finance Lusail EntertainmentDistrict The Qatari Diar Real Estate Investment Company and Abu DhabiInvestment House P.J.S.C. (ADIH) has signed a US$1.2 billionMemorandum of Understanding (MoU) to raise financing for the upcomingLusail Entertainment ...
KOM Signs up New Tenants
May 01, 2006 ... Muscat According to Mohammed Al Maskari, Acting Director General,Knowledge Oasis Muscat (KOM), COMEX 2006 was a great success for theRusayl-based Tech Park. "This was the third time we've exhibited atCOMEX and the show provided us with real insight into the IT marketfor the next 12 ...
Competition heats up in MBC3's Reality TV programme Eish Safari
May 01, 2006 ... The contestants on MBC3's Eish Safari, the region's first realityTV program for kids, are gearing up for the show's final outcome.Competition is rising between the two teams, Edube and Emkumbe. Throughout the episodes, assigned tasks varied for the two teamsand they worked hard to ...
ASPIRE 'Talent Centres' Draw Strong Response in Qatar
May 01, 2006 ... ASPIRE's pioneering talent centre project, which aims to discoveruntapped ability and encourage greater involvement in sport acrossQatar, has proved a major success in its first stages, with extraclasses being added to accommodate high levels of demand. The Talent Centre training ...
Global Research upgrades Bank Muscat stock to Buy with a target of RO1.02
May 01, 2006 ... Global Investment House Bank Muscat Results Update Report BankMuscat performed in-line with our projections made earlier in theinvestment update in May 2005. The variation in net profit was at3.8% and the variation in total assets was at 0.5%. Primarily owingto higher recoveries from ...
Dubai Investments reports a net profit of AED 253 million for first quarter 2006, a growth of 360% over the net profit for the same quarter last year
May 01, 2006 ... Dubai Investments PJSC ("DI") reported exceptional results for thequarter ended 31 March 2006 ('the Period"), with consolidated totalincome of AED 460 million, which is 103% more than the total incomeof AED 227 million for the quarter ended 31 March 2005 ("same periodlast year"). The net ...
Hannan Turk's problems
May 01, 2006 ... An official source at the Paltros Production company has deniedcirculating rumors that the screening of the new television drama"Awlad Shawarie" (Street Boys), starring Egyptian actress HannanTurk, has been postponed. According to the London based Elaph, the source added that ...
Maria resigns and marries
May 01, 2006 ... The most recent rumor that is surrounding controversial Lebanesesinger Maria is that of her resignation and marriage to Kuwaiti actorMohammad Bushahri. Rumors that has it that Maria and Mohammad are heads over heals inlove and that the latter had placed a condition to the singer ...
Why Does Bullet Proof Glass Stop Bullets?
May 03, 2006 ... Laminated safety glass is made by sandwiching a thin layer ofclear flexible plastic between two pieces of glass. The result is aglass-like material that is thicker and safer than normal glass. Inan accident this plastic layer holds the glass in place causing fewerinjuries! The ...
Gulf Finance House reports 75 per cent increase in net profits to US$57 million for first quarter 2006
May 02, 2006 ... Gulf Finance House (GFH) today reported an excellent start tofiscal 2006. Net profit for the first quarter rose by 75 per cent toUS$57 million compared to US$33 million in the corresponding periodfor 2005. Announcing the results, Dr. Fuad Al-Omar, Chairman of GFH, said:"This ...
SAUDI ARABIAN AIRLINES PARTICIPATES AT THE ARABIAN TRAVEL MARKET (ATM) DUBAI
May 02, 2006 ... Saudi Arabian Airlines will take part in the Arabian Travel Market(ATM) scheduled to take place in Dubai from May 2-5. This willprovide a unique opportunity for the Airline to showcase itsachievements as part of its drive for modernization and progress. Astrong testimony to the ...
KINGDOM OF SAUDI ARABIA PARTICIPATES IN ATM 2006
May 02, 2006 ... The Kingdom of Saudi Arabia, represented by The Supreme Commissionfor Tourism, will take part in the Arabian Travel Market (ATM) to beheld at the Dubai World Trade Centre from May 2 5, 2006. More than 60countries will be taking part in the high profile event, which isunder the patronage ...
All-New Nissan Pathfinder Design & Engineering breakthrough
May 02, 2006 ... The first Nissan Pathfinder introduced in 1987 blazed the trailfor sport-utility vehicles in the region. Two decades down the lineit still enjoys a high reputation for durability, reliability andquality. The all new Nissan Pathfinder is bigger, bolder and now withthree-row seating & ...
Barcelona, Next Air Race Stop
May 02, 2006 ... After first round and launching round has taken off under theskies of Abu Dhabi, the second leg of the 2006 Red Bull Air RaceWorld Series flies into Barcelona, Spain on Saturday 6th May. Elevenof the world's best pilots will race through a unique obstacle coursein the sky, at speeds ...
Kuwaiti group EFAD Holding showcases portfolio of landmark projects at ATM 2006 with a cost exceeding US$ 6 billion
May 02, 2006 ... Kuwait-based EFAD Holding Group is showcasing a wide range ofinnovative real estate projects ranging from a luxury islanddevelopment to a groundbreaking planned city at the Arabian TravelMarket (ATM) 2006, that goes on at the Dubai World Trade Centre tillMay 5. EFAD Holding ...
Why Save Endangered Species?
May 02, 2006 ... Saving endangered plants and animals all over the World isextremely important. These plants and animals help humans in manyways: some hold medicinal value, others agricultural, or ecological,commercial and aesthetic value. Endangered species must be protectedand saved for future ...
How Did the Kangaroo Get its Name?
May 02, 2006 ... When European explorers first saw these strange hopping animals inAustralia they asked a native Australian (aborigine) what they werecalled. He replied "kangaroo" ...
Alcatel powers the network with new Gigabit Ethernet and PoE stackable switches
May 02, 2006 ... Alcatel (Paris: CGEP.PA and NYSE: ALA) today introduced theAlcatel OmniSwitch 6850 family of stackable 10/100/1000 and 10/100/1000PoE workgroup switches, which are 10 Gigabit capable workgroupswitches. The OmniSwitch 6850s are the first Alcatel switches toprovide Gigabit ...
Shefa Healthcare Fund signs landmark USD 37.5 million deal with Saudi healthcare major, Saudi Health Investment Company
May 02, 2006 ... The Shefa Healthcare Fund, Injazat Capital's USD 100 millionShari'a compliant venture fund, has signed a landmark agreement withSaudi Health Investment Company (SHIC) under which SHIC will investUSD 37.5 million in private equity capital into the Fund and gainthree seats on its board of ...
Urgent legislation needed to enforce international accounting standards
May 02, 2006 ... Real progress is being made on the adoption of InternationalFinancial Reporting Standards (IFRS) in the Middle East, but there isan urgent need for corporate legislation that mandates the use ofIFRS by all companies and enforces proper compliance. That is the verdict of ...
KINGDOM HOTEL INVESTMENTS BUY'S 100% OF THE KARON BEACH HOTEL IN PHUKET FOR $ 98.5 MM DOLLARS
May 02, 2006 ... Kingdom Hotel Investments ("KHI"), the leading hotel and resortinvestment company, chaired by HRH Prince Alwaleed Bin Talal, ispleased to announce it has signed a contract to acquire the KaronBeach Hotel Phuket (currently managed by Crowne Plaza) from LaSalleInvestment Management for ...
Acer's partnership with BDL bears fruit.
May 02, 2006 ... Electronics giant Acer has credited BDL, the sole distributor ofits Notebook products in the Kingdom of Saudi Arabia, with playing aninstrumental role in helping to secure the PC vendor's pole positionin the Saudi notebook market. Recent sales figures show that Acer is now ...
THE BEST EXPLORER EVER COMES TO THE UAE
May 02, 2006 ... The new 2006 Ford Explorer has arrived in the UAE, setting thebenchmark once again for the mid-size SUV segment in the local andregional markets. The new model is available at the local Ford, Lincoln and Mercuryimporter-dealers, Al Tayer Motors (Dubai & Northern emirates) ...
UAE offices set records for SriLankan Airlines
May 02, 2006 ... New figures posted by SriLankan Airlines have revealed that theMiddle East as a region has exceeded its revenue targets for thefinancial year ending March 2006, with the Dubai and Abu Dhabioffices in particular performing well in attracting new custom forthe carrier. According to ...
RTA presents copies of H.H Sheikh Mohammed's book to its employees
May 02, 2006 ... The Roads & Transport Authority (RTA) has distributed to itsstaff, copies of 'My Vision Challenges in the Race for Excellence',the new book authored by H.H Sheikh Mohammed Bin Rashid Al Maktoum,Vice President and Prime Minister of the UAE and Ruler of Dubai. The newly launched book ...
Gaza Strip: At least two Palestinians killed by Israeli artillery shell
May 02, 2006 ... An explosion rocked Palestinian national security headquarters inthe Gazan town of Jabaliya on Tuesday, killing at least two peopleand wounding several others, Palestinian security officials ...
BG Group enters Oman with Exploration and Production Sharing Agreement
May 02, 2006 ... BG Group has signed an Exploration and Production SharingAgreement (EPSA) with the Government of the Sultanate of Oman for a100% interest in and operatorship of Block 60 onshore Oman. Block 60, which covers almost 1500 square kilometres (sq km),contains the Abu Butabul gas and ...
Washington's next military crusade is beckoning
May 02, 2006 ... by Amr Ismail* Washington's hegemonic strategy made it the chief adversary ofsocial progress, peace and democracy. Contradictions of America'scapitalism are getting sharper, and the language of force and totaldestruction is hardly absent from delivered statements by White ...
58th anniversary of the Palestinian Catastrophe
May 03, 2006 ... As Zionists on Wednesday celebrated Israel's Independence Day,Israeli Arabs and Palestinians marked the Nakba (the catastrophe)resulting from the establishment of the state of Israel 58 years ago. On the eve of Israel's Independence Day, Palestinian PresidentMahmoud Abbas sent a ...
Who invented the Ice- Cream Cone?
May 03, 2006 ... Nobody knows for certain who made the first ice cream cone. It ispossible that several people invented the ice cream cone at the sametime. The edible ice cream cone made its American debut at the 1904Saint Louis World's Fair. Ice cream in a cone was served up by over50 vendors at ...
Who invented Ice Cream?
May 03, 2006 ... The origins of ice cream can be traced back to at least the 4thcentury B.C. Early references include the Roman emperor Nero (A.D. 37-68) whoordered ice to be brought from the mountains and combined with fruittoppings, and King Tang ...
Ruby impersonators on the net
May 03, 2006 ... The business manager of controversial singer Ruby, Egyptianproducer/director Sharif Sabri, announced that songs recently postedon internet websites are neither sung by Ruby, nor are they part ofher upcoming album. "These songs were fabricated to make people believe they ...
Syria says US policy complicates situation of the Middle East
May 03, 2006 ... Syria criticized on Wednesday the US policy in the region, sayingit contributes to complicate the situation of the Middle East. DeputyForeign Minister Dr. Faisal Miqdad underlined when meeting delegationof the American Peace Institution, currently on visit to Syria, "thecurrent U.S ....
Bahrain Bay attracts $600 million in Singaporean investment into GCC
May 03, 2006 ... Bahrain Bay Development B.S.C.(c) has announced that CapitaLandCommercial and Integrated Development Ltd ["CapitaLand"], asubsidiary of CapitaLand Limited, one of Asia's largest real estatecompanies, has signed a Memorandum of Understanding to acquire landand develop a $600 million ...
Accor aims at becoming largest hotel group in Middle East
May 03, 2006 ... Accor, one of the world's largest hotel and services groups, hasconfirmed its Middle East strategy for the next three years atArabian Travel Market with the company expected to increase itsoperations from 18 to 58 hotels by the end of 2009. The number of new properties set to open ...
Falconcity of Wonders draws major response at Arabian Travel Market 2006
May 03, 2006 ... Falconcity of Wonders, an ambitious AED 5.5 billion falcon shapedtourist and recreational city being set up within Dubailand, hasevoked strong response at the Arabian Travel Market (ATM), the MiddleEast's premier travel and tourism exhibition, being held in Dubaifrom 2-5 May, 2006 at the ...
InterContinental Hotels Group to open opening of three properties at Dubai Festival City
May 03, 2006 ... InterContinental Hotels Group, the world's most global hotelcompany, is set to enrich its service and product offering within theUAE as it looks toward the opening of three key properties at DubaiFestival City. As the largest hotel operator in the Middle East and Africa, ...
New company to invest in Saudi properties
May 03, 2006 ... International Investment Bank (IIB), a globally focused investmentbank based in Bahrain, today announced the creation of a new realestate development company for investment in the Saudi Arabian realestate market. To be based in Saudi Arabia, and with an authorizedcapital of SR400million ...
Nadia Al Jundi shopping in Paris
May 03, 2006 ... Prominent Egyptian actor Nadia Al Jundi flew to Paris to purchasea new wardrobe for her role in the upcoming television drama "ManAtlak Al rasas Ala Hind?" (Who Shot the Bullet on Hind?), markingNadia's second leading role on the small screen. The new drama was written by Yusri Al ...