Home » August 28th, 2012 Entries posted on “August, 2012”

Palestine: Gaza unlivable by 2020

In a report released by the United Nations, the lack of necessary infrastructure in water, health, education and sanitation will make the Gaza Strip not to be “a liveable place” by 2020 if required actions are not implemented. The population is also set to past the 2 million mark in the same year as it […]

August 28th, 2012 | Posted in Headlines,World News | Read More »

UAE: Mediclinic takes over Emirates Healthcare

Dubai’s biggest private healthcare provider, Emirates Healthcare Limited (EHL), has been taken over by the Mediclinic International, a South African firm, after buying out minority shareholders. Mediclinic International is South Africa’s second biggest private healthcare operator. It now owns 46.93% stake in the Emirates Healthcare Limited. The company had no stakes in Emirates Healthcare Limited […]

August 28th, 2012 | Posted in Finance,Headlines | Read More »

Are terrorists bustling again in Saudi Arabia?

After a respite that lasted for some time during which there was no more talk about terrorists in Saudi Arabia,  terrorist plots in the kingdom came to the forefront Sunday when the Interior Ministry announced it dismantled two suspected terrorist cells which were planning attacks against Saudi police forces and civilians as well as against […]

August 28th, 2012 | Posted in Gulf News,Headlines | Read More »

Kuwait: Zain confirms Vodafone roaming talks

Negotiations between a Kuwait based telecommunication operator, Zain, and Vodafone are heading to the right direction as wished by the two companies. In a statement released by Zain, the two companies seem not too far away from the concluding the negotiations. According to the Kuwait based operator, “Zain Group is at an advanced stage in […]

August 27th, 2012 | Posted in Gulf News,Headlines | Read More »

Western Sahara : Ban Bans human rights monitoring by UN

The UN Secretary General Ban Ki-Moon made it clear that the United Nations will not monitor human rights in the Western Sahara and does not intend to modify the terms of its mediation in this long lasting regional conflict. “The United Nations does not intend to modify the terms of its mediation, whose purpose is […]

August 27th, 2012 | Posted in Headlines,World News | Read More »

Jordan: Arab Bank appoints chairman amidst controversies

One of the largest financial institutions and privately owned bank in MENA, the Arab Bank, is being engulfed in controversies following the sudden resignation of its chairman and grandson of the founder, Abdul Hamid Jr. after numerous arguments with the CEO Nehme Sabbagh and some board members. Mr. Hamid Jr. accused the management of diverting […]

August 27th, 2012 | Posted in Finance,Headlines | Read More »

Syria acknowledges UN’s envoy

Syria has acknowledged Lakhdar Brahimi as the new United Nation envoy in a statement read by the deputy foreign minister. He said that they are ready to work with him despite criticisms from the international monitors that the Syrian government didn’t collaborate satisfactorily with Kofi Annan and nor abide by the six point peace plan […]

August 24th, 2012 | Posted in Headlines,World News | Read More »

Israel: Design Art Network bought by Qualcomm

Design Art Networks is now owned by Qualcomm Incorporated according to announcement made by the latter. Quizzed about Qualcomm’s acquisition of the Israeli company, the president of Qualcomm Atheros, Craig Barratt said “Design Art and its products will both enhance and accelerate our initiatives to drive increased capacity and coverage in mobile networks.” He added […]

August 24th, 2012 | Posted in Headlines,World News | Read More »

Iran presents upgraded military weapons

As the exchange of threats and warnings continue to mar the relations between Iran and countries against its nuclear program, especially the US and Israel, an upgraded version of military weapons have been unveiled at a ceremony in honor of the Defense Industry Day with the President and Defense Minister present. Among the new versions […]

August 23rd, 2012 | Posted in Headlines,World News | Read More »

UAE banks replace Europeans ones

According to a Reuters report, the void left by European financial institutions in UAE’s loan market is being filled by the local banks and they are reaping the fruits despite the conditions entitled to such a venture in the country. With reference to the central bank’s data, lending only had a 1.8% growth in June […]

August 23rd, 2012 | Posted in Finance,Headlines | Read More »