Avert Syria disaster: KSA

RIYADH: Saudi Arabia appealed Monday to the international community to beef up efforts to find a solution to the Syrian bloodshed even though the UN Security Council failed to support Arab efforts to end the crisis.

Abbas to head new unity Palestinian government

RAMALLAH, West Bank: Rival Palestinian factions Fatah and Hamas agreed at a meeting in Qatar on Monday to form a unified Palestinian government for the West Bank and Gaza headed by Palestinian President and Fatah chief Mahmoud Abbas, a senior Palestinian official said.

0 comments

Power demand to grow by 8%

RIYADH: A major challenge faced by the Kingdom’s electricity sector is that the demand for power in the country is growing at the rate of 8 percent annually, the highest in the world, according to the President of the King Abdulaziz City for Science and Technology (KACST) Muhammad Al-Suwayyil.

cartoon

Opinion: Afghanistan: A hippie trail or a graveyard?

An older friend of mine (Ibrahim) told once that he was visiting Afghanistan for an official visit in the mid 1970s. And he saw extra joy on the faces of staff of the Saudi Embassy who met him at Kabul airport. It turned out that the embassy staff had only 3 Saudis who knew how to play the poplar Saudi card game called (Beloot). So, they wanted a fourth player so badly.

0 comments

Opinion: Toward a comprehensive GCC-EU partnership

The recent visit of GCC Secretary-General Dr. Abdullatif bin Rashid Al-Zayani to Brussels and to the headquarters of the European Union not only underscored the increased attention that is being paid to the Gulf region by the European Union but also highlighted the recognition that the GCC is gaining as an organization committed and contributing to promoting security and stability both in its immediate neighborhood and the wider Middle East.

2,000 homes for Jazan’s displaced are ready

JAZAN: On behalf of Custodian of the Two Holy Mosques King Abdullah, Jazan Gov. Prince Muhammad bin Nasser will launch next month the first phase of the massive housing project for Jazan’s displaced people.

Indian consular team to visit Dammam

RIYADH: A team of consular officials of Embassy of India, Riyadh, will visit Dammam from Feb. 8-10 to provide welfare and consular assistance to Indian nationals at Dammam Deportation Center with a view to issue emergency certificates to them. This will facilitate their hassle-free departure from the Kingdom.

Court rejects SADAQ suit against ex-boss

MAKKAH: The administrative court in Makkah on Monday nullified a lawsuit by the Saudi Company for Industrial Development (SADAQ) against its former chairman Saleh bin Ali Al-Turki and former managing director Mazin Batraji.

President Lee's visit to cement cooperation

RIYADH: South Korean President Lee Myung-bak will arrive in the Kingdom Tuesday, the last stop in his Mideast tour that took in Turkey, Qatar and the United Arab Emirates, Korean Ambassador to the Kingdom Kim Jong-yong said.

ADHD society leads the way

RIYADH: The Saudi ADHD Society and Support Group AFTA organized a five-day leadership-training program for pediatricians and family physicians that started Saturday.

Egypt must release Americans: US envoy

WASHINGTON/CAIRO: The US ambassador to the United Nations is keeping up the Obama administration’s pressure on Egypt to release 19 Americans facing trial on allegations of encouraging unrest in the country.

Norway mass killer faces last hearing before trial

OSLO, Norway: The right-wing extremist who confessed to a bombing and mass shooting that killed 77 people goes before a Norwegian court Monday in the last scheduled detention hearing before his trial starts.

Hoekstra’s broken English ad faces flak on Facebook

LANSING, Michigan: A coalition of black ministers called Monday for a US Senate candidate to apologize for his Super Bowl ad featuring a young Asian woman speaking broken English to describe the impact of his rival’s economic policies.

Romanian PM announces gov’t resignation

BUCHAREST, Romania: The Romanian prime minister on Monday announced the immediate resignation of himself and his government, saying he wanted to protect the stability of the country.

Chevron rig burns off Nigeria as damage hits shore

LAGOS, Nigeria: The burning inferno of what used to be a Chevron Corp. natural gas rig still stains the night’s sky orange more than two weeks after the rig caught fire, and no one can say when it will end as swarms of dead fish surface.

0 comments

Tadawul turnover hits SR8.82 billion

JEDDAH: Saudi shares retreated on Monday as retail investors opted to lock in recent gains.

SR300 billion for SME projects

RIYADH: SR300 billion is be allocated by Saudi banks to finance mini-projects as part of efforts to promote the Kingdom’s small and medium enterprises. This was stated by Nabeel bin Abdullah Al-Mubarak, general manager of small and medium enterprises in the Saudi Credit Bureau (Simah), at a seminar in Riyadh.

500 economists to discuss SME growth

RIYADH: The Saudi Small and Middle Enterprises (SMEs) forum will be launched Tuesday with a presence of more than 500 economists and trade experts.

Mobily revenues exceed SR20 billion as sales surge

JEDDAH: Etihad Etisalat’s (Mobily’s) revenues achieved a major milestone in 2011. The 59 percent data sales growth propelled total revenues to over SR20 billion (25 percent Y/Y). The quality of revenue stream also improved as post-paid sales comprised 28 percent of the total, Riyad Capital said in its equity research report.

AED883m projects to meet Dubai power demand

DUBAI: Dubai Electricity and Water Authority (DEWA) launched two main 400/132KV substations at Al-Aweer and Meydan at a total cost of AED883 million recently.

Europe gas supply up, but Italy says critical

LONDON/ROME: Gas supplies to the frozen European Union from Russia improved at the weekend but have not fully recovered, the European Commission said on Monday, as Italy convened a crisis committee to handle what it called critical shortages of Russian gas.

Syria central bank to defend pound

KUWAIT CITY: Syria's central bank will intervene to prop up its currency — which has plunged under the mounting pressure of sanctions and violence — and has the reserves to back that strategy, Kuwaiti state news agency KUNA cited Gov. Adib Mayaleh as saying on Monday.

Japan’s stay-at-home firms finally spread their wings

TOKYO: Japanese companies are again venturing offshore, and this time a new breed of business is striking deals overseas.

Turkish banks' loans growth declines further

ISTANBUL: Growth in Turkish bank loans slowed to less than 27 percent year-on-year at the end of January, adding to signs of an economic slowdown after a year of unorthodox monetary policy by the central bank aimed at preventing overheating. 

Brazil: Standoff between striking police, soldiers

SAO PAULO: Soldiers clashed with supporters of striking police in Brazil’s third-largest city on Monday, firing tear gas and rubber bullets at the feet of people trying to join officers occupying the Bahia state legislature building.

Opponents: Congress went too far in Obama health care law

WASHINGTON: Congress went beyond its powers by requiring Americans to buy insurance under President Barack Obama’s sweeping health care overhaul, opponents told the US Supreme Court on Monday in arguing the law’s centerpiece provision should be struck down.

Greece caves in on civil service firings

ATHENS, Greece: Greece’s coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.

Sex abuse must be reported to police, Vatican says

ROME: Catholic clergy must report paedophile priests to police, a top Vatican official told the Holy See’s first conference on the sex abuse crisis on Monday, but victims’ groups demanded the Vatican face up to its past and publish its files on abuse.

Slavery protections for animals? Judge to decide

SAN DIEGO: A federal judge for the first time in US history heard arguments Monday in a case that could determine whether animals enjoy the same constitutional protection against slavery as human beings.

Prince Salman Chair institutes award

RIYADH: The Prince Salman Chair for Historical and Civilization Studies of Arabian Peninsula has set up an annual research award called “Prince Salman Award for Students of Higher Education in Historical and Civilization Studies of Arabian Peninsula.”

Two holy mosques will see projects worth SR2 billion this year 

MAKKAH: The General Presidency for the Affairs of the Grand Mosque in Makkah and the Prophet’s Mosque in Madinah will implement a number of projects valued at over SR2 billion at the two holy mosques during the current financial year.

0 comments

We are all under Tel Aviv’s feet

Stephen Harper views the Muslim world through Israeli prism
RIYADH: Many countries have benefited from fighting extremism and terrorism, and several of these countries claim to have arrested terrorist cells. Interestingly, some governments were instrumental in certain explosions to create the impression among people that were it not for their government’s intolerance of foreign immigrations, people’s lives would have been less safe.

0 comments

Jazan dental clinics 'unique'

JAZAN: Jazan Gov. Prince Mohammad bin Naser said Monday a project involving new dental clinics at Jazan University is one of the unique projects in the Middle East.

Allianz Saudi Fransi’s customer base grows 141% in ‘tough market’

RIYADH: Allianz Saudi Fransi Cooperative Insurance Company’s customer base in Saudi Arabia expanded by more than 141 percent in the first half of 2011 compared to the same period in 2010, according to a top executive.

Siemens wins $1 billion order to supply key components for IPP Qurayyah

JEDDAH: Siemens has received another major order for Saudi Arabia’s combined cycle power plant .

Investment in infrastructure projects in Kingdom tops SR150 billion

JEDDAH: Saudi Arabia's efforts to usher in the next stage of industrial development is set to receive a major boost as the 2nd edition of Machinex Arabia, the region's premier industrial exhibition, kicks off in Jeddah later this month.

Kingdom Center set for SR43.8m expansion

RIYADH: The Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced the SR43.8 million expansion of Kingdom Center Company Ltd. (Trade Center).

Saudi gold traders fight high prices and foreign investors

MAKKAH/JEDDAH: Saudi gold traders in Makkah and Jeddah complaining about low demand for gold and difficulties they face are looking for ways to boost the market. The traders also object to the inequality between Saudi traders and foreign investors in the gold market.

image

Picture of the Day

Huts are covered with snow on Maiensaess Lafet mountain above Castiel, Switzerland, on Monday, Feb. 6, 2012. Europe was hit by a cold spell with temperatures plummeting far below the freezing point. (AP Photo/Keystone/Arno Balzarini)

Oscar producers urge fans to celebrate movie memories

BEVERLY HILLS, California: Facing a future where many movies will be seen in homes, Oscar organizers on Monday unveiled this year’s awards show theme at an annual luncheon honoring nominees by asking fans to relish memories of why they love movies and going to theaters.

'Amazing Spider-Man' footage teased for fans

LOS ANGELES: “The Amazing Spider-Man” dropped in on hundreds of fans Monday.

Tottenham draws 0-0 at Liverpool in Premier League

LIVERPOOL, England: Luis Suarez’s return from a racism ban failed to inspire Liverpool in a 0-0 draw against Tottenham on Monday, a result that hurt one team’s Premier League title bid and damaged the hopes of a top-four finish for the other.

Djokovic, Barcelona win at 2012 Laureus awards

LONDON: The dominant forces in tennis and football were honored Monday, with Novak Djokovic winning the top individual prize and Barcelona capturing the team trophy at the 2012 Laureus Sports Awards.

Michel close to taking over as Sevilla coach

SEVILLE, Spain: Sevilla says it is negotiating with Jose Miguel “Michel” Gonzalez to take over as coach from the fired Marcelino Garcia Toral.

Hurricanes stun No. 7 Blue Devils 78-74

DURHAM, North Carolina: Reggie Johnson scored five of his career-high 27 points in overtime and Miami upset No. 7 Duke 78-74 on Sunday.

Bruins snap two-game losing streak against Capitals

WASHINGTON:  Tim Thomas’ return to the nation’s capital was less political and more successful, with the goaltender making 35 saves Sunday in the Boston Bruins’ 4-1 win over the Washington Capitals.

Show to display best of Arabic calligraphy

DUBAI: Calligraphers from Saudi Arabia, Kuwait, Jordan, Iraq, Algeria, Syria, Egypt, Tunisia, Turkey, UK, the UAE and Iran will display their work at the Dubai International Exhibition of Arabic Calligraphy from Feb. 16 to 23.

'Halftime in America' ad creates political debate

DETROIT: People rarely pick a fight with Dirty Harry. But Chrysler’s “Halftime in America” ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays America’s most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.

Saudi-Pak ties are strong: Consul general

JEDDAH: Pakistan and Saudi Arabia enjoy strong relations and we aspire to strengthen it even further, Pakistan’s Consul General Salik Khan, said in Jeddah.

PISJ (ES) students brainstorm key issue

JEDDAH: In a studio setting, students of the Pakistan International School Jeddah (English Section) had a brainstorming session to discuss issues key to peace and stability in South Asia.