Monthly Archives: June 2014
Influx of affordable housing solutions seen in the GCC
JEDDAH – The rapid urbanization and population growth in the GCC have resulted in an increased demand for affordable housing units from low- and middle-income households. Estimates from the United Nations show that the number people living in the cities
New India parliament adjourns after minister death
NEW DELHI — The first session of India’s newly elected Parliament lasted only minutes on Wednesday as lawmakers immediately adjourned in a mark of respect for a government minister who died in a car crash. The process of swearing-in the
Germany investigates Merkel’s phone scandal
BERLIN: German federal prosecutors have opened an investigation into the alleged monitoring of Chancellor Angela Merkel’s cell phone by the U.S. National Security Agency, they said Wednesday. Chief Prosecutor Harald Range has been mulling for months whether to open a
Indonesian presidential campaign kicks off
JAKARTA: Campaigning for Indonesia’s July presidential election officially kicked off Wednesday, with favorite Joko Widodo facing a tough challenge from a Suharto-era former general with a chequered human rights record. Widodo, who won legions of fans during his time as
India likely to welcome foreign online retailers
NEW DELHI: India could allow global online retailers such as Amazon.com Inc. to sell their own products as early as next month, removing restrictions that have held back competition in one of the world’s biggest, and most price-sensitive, retail markets.
Indian tycoon’s bail plea thrown out of court
NEW DELHI: India’s Supreme Court Wednesday rejected an appeal by an Indian tycoon accused of a multibillion dollar fraud to be released from jail and allowed house arrest. Subrata Roy, head of the Sahara India conglomerate, has been jailed since
New projects to make Jeddah top business hub in five years, says governor.
Colorful events mark Italian national day in Jeddah
JEDDAH — Few nations are able to convert their national day celebration into a folkloric show as entertaining and colorful as the Italians, who commemorated their 68th Republic Day at the cultural section of the Italian Consulate in Jeddah last
Jeddah Ghair to open with a bang today
80% drop in coronavirus cases in six weeks, says Fakeih
RIYADH – Acting Health Minister Adel Fakeih said there was an 80 percent drop in the number of coronavirus infections in the country over the past six weeks. He said the ministry has taken extraordinary measures to ensure safety of
Ahsa’s archeological heritage faces grim future
HOFOUF — The historic districts of Al-Koot and Al-Na’athil in downtown Hofouf, Al-Ahsa governorate, are home to hundreds of traditional homes that depict the rich architectural heritage of the region. Long abandoned, the majority of homes’ original structures of mud
Obama slams Russia’s ‘dark tactics’
WARSAW — President Barack Obama Wednesday condemned Russia’s “dark tactics” and bullying in Ukraine and President Vladimir Putin hit back at American “aggression,” as new venom deepened the worst US-Russia clash in decades. Obama met Ukraine’s president-elect Petro Poroshenko in
MENA consumer online hyper growth era fast approaching
Khaldoon Tabaza Founder & Managing Director, iMENA Holdings JEDDAH – Consumer online businesses in the Middle East and North Africa are headed for an era of hypergrowth. During the next 3-5 years, one or more $1 billion companies will emerge
It’s now time to work, El-Sisi tells Egyptians
CAIRO — Egypt’s president-elect, the former army chief Abdel-Fattah El-Sisi, told Egyptians it is now “time to work” to rebuild the economy after he was officially declared the landslide winner of last week’s election, restoring a career military man to
Air traffic gridlock a global problem
DOHA — Tony Tyler, IATA’s Director General and CEO, conceded that air traffic congestion remained a global problem, with the Gulf region too being hampered by a lack of harmonization of a standard amid a tremendous growth of the industry
Haj firms told to deliver what they promise
MAKKAH — The Ministry of Haj has warned local Haj companies against running exaggerated advertising campaigns and to refrain from using language that seemingly promotes special or VIP services. The ministry has also banned companies from publishing photos of scholars
SABIC developing wheel of the future
JEDDAH – Saudi Basic Industries Corporation (SABIC) and Kringlan Composites, a Switzerland-based company, as well as other industry partners are working to further advance the development of the world’s first thermoplastic composite wheel. Such a wheel offers a high strength,
Cherishing the lives of animals
By : Nawar Fakhry Ezzi Many Saudis are bombarded with images of war and devastation in the news to the extent that some of them have underestimated other forms of violence, especially against animals. For example, many of us are
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