Wednesday 22 May 2013
 
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Zain Saudi sets date for capital restructuring

Telecom operator Zain Saudi has started preparations for its key shareholders' meeting on June 25 where its capital restructuring plan will be put for vote, said Saudi Fransi Capital, the lead manager of the transaction. At the meeting

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Bahrain readies plan for pensioners

A national strategy has been set up to help Bahrain cope with an explosion in its elderly population. According to UN figures, it is set to grow six-fold within the next four decades. The number of pensioners is expected to rise from 3.8 p

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Iran attack plan ready says US Israel envoy

US plans for a possible military strike on Iran are ready and the option is 'fully available', the US ambassador to Israel said, days before Tehran resumes talks with world powers which suspect it of seeking to develop nuclear arms.

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Poor nations ready bold UN climate plan

The world’s poorest countries have issued a bold plan to make the UN climate change talks more likely to reach their goal of having an effective and legally binding agreement ready for governments to adopt by 2015, said a senior official.

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Bahrain works ministry reviews strategic plan

The Bahrain Ministry of Works held its annual strategy review meeting under the chairmanship of Minister of Works Essam bin Abdulla Khalaf. The meeting was attended by the Ministry’s undersecretary, assistant undersecretaries, advisors, di

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$108bn Kuwait plan stumbles in parliament

Kuwait's National Assembly rejected a draft bill on the country's 30 billion dinar ($108 billion) development plan on Wednesday as opposition deputies accused the government of failing to make progress on the major investments it provides for.

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Dubai adopts solar heating in abattoirs

Dubai Abattoirs will soon switch over to solar energy for preparing hot water to clean the slaughtering halls, tools and equipments in line with the government's green building measures. The move comes as part of Dubai government's

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27 killed in Syrian violence in run-up to truce

At least 27 Syrian soldiers, rebels and civilians were killed in violence on Friday, opposition activists said, four days before a troop pullback agreed by President Bashar al-Assad as part of a UN-backed peace plan. The Free Syrian Army (

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Qatar says no big spending in next FY budget

Qatar's state budget for next fiscal year will be roughly the same size as the current year's budget, finance and economy minister Youssef Kamal said on Monday. 'It will be the same size as the prevailing budget, maybe a little

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Bahrain drawing up new jobs plan

The labour ministry has drawn up a plan to provide hundreds of jobs for Bahrainis, according to a report by our sister paper Akhbar Al Khaleej. The plan will be implemented in co-operation with the Economic Development Board, Tamkeen and t

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