May 20, 2012 | English | عربي
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May 20, 2012
The World Bank has refused to finance the "al-Jafa" canal project in Iraq and said that the Iraqi government needs to develop human resources.

Director of the Regional Bank Hadi al-Arabi said in a conference that "the World Bank has not yet agreed to finance the al-Jafa canal project, but the [World] Bank promised to study the project."

Political views do not concern the World Bank, because it depends on media and people's attitudes to decide on project priorities, said al-Arabi.

Iraq's Ministry of Construction and Housing earlier this year announced plans for implementing...
Culture Minister Affirms Qatar Keenness on UNCTAD Enhancement...
May 20, 2012
HE Dr. Hamad Bin Abdulaziz Al-Kuwari, Minister of Culture, Arts and Heritage, who is also President of the 13th session of the United Nations Conference on Trade and Development (UNCTAD XIII), has stressed Qatar's keenness on enhancing UNCTAD's role under its presidency over the next four years.

UNCTAD president said that Qatar, under the leadership of HH the Emir Sheikh Hamad bin khalifa Al Thani, strives to achieve the goals of UNCTAD as a significant forum for exchanging...


 

May 20, 2012
The teachers were introduced to the TAC team and were given a tour of TAC's state-of the-art facilities at the showroom.

The prime purpose of the meet was to brief and educate the teachers on the efforts undertaken by TAC to help serve them better.

TAC's team of the Sohar showroom took the initiative of creating such an opportunity for a customer interaction with the teachers.

Teachers from various teaching facilities such as schools, colleges, and training institutes attended the program.

The meet started with a welcome address by Business Manager Sohar, following...

 
 
May 20, 2012
BUPA Insurance Limited has launched its new health insurance in Bahrain.

The event, at the Sheraton Bahrain Hotel, was attended by senior company officials and those from its local partners Al Ahlia Insurance Company. VIP customers and Bahrain's medical providers also attended.

Al Ahlia deputy chairman Dr Osama Al Baharna said though his company had been providing medical insurance products for many years, they realised the importance of having a product of global standards to meet the requirements and expectations of high-end customers.

Medical department senior manager Sahar...

 
 
May 20, 2012
Dr. Waleed Al Tararwah - Chief Human Resources Officer at VIVA said: "We are very pleased with the outcome of our two day Walk-In interview event. Over the two days, the HR team interviewed more than 1,500 Kuwaiti candidates and gave them a short brief about the working environment at VIVA. At VIVA, we have a firm belief in recruiting, developing and retaining Kuwaiti talent and investing in community initiatives that encourage young people to join the telecommunications sector. We are very proud of our initiative and successful turn out, since we are the only telecom company in Kuwait that has...

 
 
May 20, 2012
Saudi Arabia boosted crude production close to a 31-year high in March, overtaking Russia as the world’s largest producer for the first time in six years, according to the Joint Organization Data Initiative.

Saudi Arabia increased daily output to 9.923 million barrels in March, up 0.7 percent and the second-highest level since at least 1980, according to data posted today on the website of the initiative, known as JODI. That topped Russian production, which hit 9.920 million barrels, for the first time since February 2006, according to the data.

Russia’s energy ministry...

 
 
May 20, 2012
Construction Tech, a part of UAE-based business conglomerate Tech Group, has bagged two major project deals in Iraq totalling over $47 million as the war ravaged country presses ahead with massive rebuilding and infrastructure development programme.

The deals include a $45 million deal for the revamp of the Central Bank of Iraq and a $2.15 million partnership with Royal Dutch Shell to support developing its main office in Burjisia, Basra, the company said in a statement.

Construction Tech is one among several UAE-based construction giants that are very actively taking part in Iraq’s...