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Issue 851 - 18 April 2009

Government sets election date

Subscriber

Kuwaitis will go to the polls to elect a new parliament on 16 May, just under a year after the last elections and the third such vote since May 2006.

Kuwait
Issue 851 - 18 April 2009

MBR: Meetings, travel

Free

UAE Prime Minister and Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum has been busy as usual.

United Arab Emirates (UAE)
Subscriber

Promotion to become second deputy PM is a key step towards a throne the interior minister has long coveted, but reports that, with Crown Prince Sultan ailing, Prince Nayef is the anointed successor seem premature as King Abdullah's true intentions remain unclear.

Saudi Arabia
Issue 851 - 18 April 2009

Syrian gas exploration and production

Subscriber

Russia's Stroytransgas plans to add 8m m3/d to production capacity from fields in central and northern Syria. The Abu Rabah gas field came

Syria
Subscriber

Oman and Uzbekistan signed an MoU in early April for a 75%/25% joint investment company …….

Oman
Subscriber

London AIM-listed Indago Petroleum has sold its 50% stake in Blocks 31, 47 and 43A to UAE-based RAK Petroleum. RAK Petroleum already held the balance of the interests and is the operator of the licences.

Oman | United Arab Emirates (UAE)
Subscriber

Defunct Miami-based internet phone company Latin Node Inc has agreed to pay a $2m fine after pleading guilty for violating the US Foreign Corrupt Practices Act. It was charged with paying bribes to officials in Honduras and Yemen in exchange for favourable interconnection rates.

Yemen
Subscriber

Straitened economic times and the fall in oil prices are putting a strain on the development of Syria’s oil and gas sector. IOCs are cutting back on investment and licensing rounds have proved disappointing. But recent changes in the Ministry of Petroleum’s organisational structure show the government is thinking seriously about making its prospects more attractive to investors.

Syria
Subscriber

CP Sultan: Out of hospital, Musad Bin Abdelaziz: Hospitalised, Mishaal Bin Abdallah: Appointed Najran governor, Abdelrahman Bin Mohammed: Ibn Saud grandson dies, Al-Sauds: Princesses mourned, Abdelaziz Bin Fahd: Geneva holiday

Saudi Arabia
Free

In the immediate post-9/11 years Gulf watchers became used to the level of ‘Saudi-bashing’ coming out of the United States. Sensationalist authors churned out books such as Princes of Darkness: The Saudi Assault on the West, or Hatred’s Kingdom: How Saudi Arabia Supports the New Global Terrorism that sought to explore the flaws in Saudi culture and religious thought that had allowed the Kingdom to produce 15 out of the 19 hijackers.

United Arab Emirates (UAE)
Subscriber

Eleven alleged Al-Qaeda fighters arrested just north of the Yemeni border in early April were experienced jihadists who carried with them the components for a staggering 35 suicide vests. This raises the alarming prospect that jihadist activity may be poised to burst out again, with this group emerging as the tip of the iceberg as Saudi security forces set to work investigating their ties in the search for a suspected network of safe houses and arms caches.

Saudi Arabia
Issue 851 - 18 April 2009

AL-NAHYAN: Wedding

Free

Sheikh Khalid Bin Zayed Al-Nahyan has married a daughter of Education Minister Sheikh Nahyan Bin Mubarak Al-Nahayan.

United Arab Emirates (UAE)
Subscriber

Bahrain’s King has earned a breathing space, but only real concessions can defuse the impact of a soon to be launched extra-parliamentary alliance with political and religious appeal.

Bahrain
Subscriber

Emir Sheikh Hamad: Bulgaria and Belarus, HBJ: Letter from Charles, HBJ: US visit

Qatar
Issue 851 - 18 April 2009

New Bahrain bourse to open in 2010

Subscriber

When launched in Q1 10 the new Bahrain Financial Exchange (BFX) will offer to members a platform to trade multiple asset classes including capital

Bahrain