Home » April 16th, 2014 Entries posted on “April, 2014”

Kuwait : KNPC outlines a $35 billion investment in 5years

The Chief Executive officer of the Kuwait National Petroleum Company (KNPC) Mohammad Ghazi Al-Mutairi yesterday, revealed the intention of the company in investing $35 billion in the next five years in order to fund development projects. The new Al-Zour refinery will be at the forefront of this project as Kuwait constructs a new liquefied natural […]

April 16th, 2014 | Posted in Energy,Headlines | Read More »

Saudi Spymaster Prince Bandar Resigns

The powerful Saudi intelligence chief Prince Bandar Bin Sultan has stepped down and was replaced temporarily by his deputy General Youssef al-Idrissi. Mr. Bandar served as ambassador of Saudi Arabia to the United States. He was appointed intelligence chief in July 2012 and was in charge of helping Syrian rebels to oust Syrian president Bachar […]

April 16th, 2014 | Posted in Headlines,World News | Read More »

Jordan Ambassador to Libya Abducted

The Jordanian ambassador to Tripoli, Fawaz Aitan, has been kidnapped by gunmen in an armed attack against the diplomat’s convoy. The ambassador driver and one his bodyguards suffered gunshot wounds during the assault. The abduction comes two days after interim Libya’s Prime Minister Abdullah al-Thani stepped down, saying he and his family had been the […]

April 15th, 2014 | Posted in Headlines,World News | Read More »

Tunisia and EU cement ties

The European Union and Tunisia have taken new strides towards strengthening the relationship between them. Commissioner Štefan Füle, following the Foreign affairs – EU –Tunisia Association council, in a statement to the press congratulated Tunisia for its inclusive political process leading to the adoption of the constitution. He also recognized the ongoing transition as well […]

April 15th, 2014 | Posted in Headlines,World News | Read More »

Siemens Gets $ 590 Mln Saudi Power Plant Deal

The German Siemens Energy has won $590 million contract to deliver six gas turbines, three steam turbines and nine generators for a Saudi power plant being built by the Korean company Samsung C&T. Construction work of the “Rabigh 2 IPP” combined cycle facility is expected to be completed by mid-2017. The power plant will be […]

April 11th, 2014 | Posted in Energy,Headlines | Read More »

Oman begins its first Integrated Tourism Complex

The first Integrated Tourism Complex (ITC) is set to create 800 direct jobs to launch in seven years in the Sultanate of Oman, according to Sheikh Hamood bin Sultan Al Hosni, CEO of Saraya Bandar Jissah. The ground-breaking ceremony for the second major construction stage of the project took place in the presence of His […]

April 11th, 2014 | Posted in Gulf News,Headlines | Read More »

Kuwait: UNDP hails Kuwait’s generosity

A sum of US$2.5 million was donated this week by the State of Kuwait towards UNDP’s emergency support in Syria and neighboring countries. The funds were presented at a ceremony at UN Headquarters in New York, during which Kuwait fulfilled its pledges made to UN agencies at the Kuwait II Pledging Conference held in January […]

April 10th, 2014 | Posted in Gulf News,Headlines | Read More »

Crisis of Mideast Peace Talks Continues

Palestinian and Israeli negotiators have failed to salvage the US-brokered Middle-East peace talks currently threatened to collapse unless Tel-Aviv honours its promise to free 30 long-term prisoners who have spent more than 20 years in jail. Israel has released 78 prisoners so far but refused to free the fourth and final group as scheduled last […]

April 9th, 2014 | Posted in Headlines,World News | Read More »

Qatar’s only land border could be blocked by Riyadh

Qatar’s busiest route connecting its major business centers to the international market is being threatened by closure. Most of all goods entering the country come through Abu Samra, the only border not bounded by water. Threats to block the route by Saudi Arabia have raised concerns among Qataris. Company owners have expressed their concerns about […]

April 9th, 2014 | Posted in Gulf News,Headlines | Read More »

Etihad nears extension of Air Berlin partnership

Etihad Airways looks to invest in Alitalia as negotiations continue over commercial terms and is on the verge of a partnership with Air Berlin, the chief executive of the Abu Dhabi airlines said on Monday. Using a twin policy of equity alliances and organic growth to expand its global influence and compete with rivals Emirates […]

April 8th, 2014 | Posted in Headlines,World News | Read More »