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Page 1/14 Stake buy to boost banks’ confidence
DOHA: The government’s announcement to buy another five percent of local banks’ capital in December will boost their confidence level, say banking industry sources. Further capital injection into the local banking system is important to make sure that banking assets keep pace with economic gr [more...] Posted on:10/6/2009 Museum of Islamic Art bags architecture award Dubai: Museum of Islamic Art in Doha was awarded “Overall Project of the Year” at the 2nd Annual Middle East Architect Awards. Qatar Museums Authority (QMA) was presented with the award, for the Museum of Islamic Art - Doha, at a ceremony hosted by the Middle East Architect magazine. The an [more...] Posted on:10/6/2009 UAE adopts N-energy law Dubai: The United Arab Emirates has adopted a civilian nuclear energy law that paves the way for contracts worth $41bn for the construction of power plants, WAM news agency reported yesterday. The law, issued on Sunday by presidential decree, prohibits the enrichment of uranium, the process by wh [more...] Posted on:10/6/2009 Climate lessons: Maldives cabinet plans to meet underwater MalÉ: Ministers in the Maldives have taken diving lessons ahead of an underwater cabinet meeting that will highlight the threat global warming and rising sea levels pose to the low-lying atoll nation. President Mohamed Nasheed will chair the meeting on October 17 ahead of the world climate change [more...] Posted on:10/6/2009 Palestinians to sign unity deal on October 26 AMMAN: Rival Palestinian factions are to sign a long-delayed reconciliation deal in Cairo on October 26, Egypt’s Foreign Minister Ahmed Abul Gheit said yesterday after meeting Palestinian leader Mahmoud Abbas. “We agreed to hold a meeting for Palestinian factions in Cairo on October 25 before sig [more...] Posted on:10/6/2009 Top Egyptian cleric orders student to remove face veil Cairo: Egypt’s leading cleric ordered a student to remove her face veil while was he was visiting an academy linked to the Al Azhar University in Cairo, an Egyptian newspaper reported yesterday. Mohammed Tantawi, Azhar’s Grand Imam, asked the student to take off her niqab, a face veil worn by som [more...] Posted on:10/6/2009 Watson, White steer Australia to glory Shane Watson and Cameroon White were the batting heroes as title holders Australia coasted to a six-wicket victory over New Zealand Monday in the Champions Trophy final. New Zealand made 200-9 off 50 overs at cool, overcast SuperSport Park and Australia overcame two early blips to reach 206-4 in [more...] Posted on:10/6/2009 Hamas slams Abbas over UN report GAZA: Hamas leader Ismail Haniya yesterday warned that President Mahmoud Abbas’s delayed action on a United Nations report criticising Israel’s Gaza offensive could hurt efforts to heal a factional rift. Speaking to Gaza lawmakers, Haniya accused Abbas of having “justified” the war by agreeing to [more...] Posted on:10/6/2009 Abbas cabinet says it will confront Israel RAMALLAH: The Western-backed Palestinian government pledged yesterday “to confront Israel” via diplomatic means as Israeli troops clashed with protesters for a second day in the Jerusalem area. Youths hurled rocks at policemen and burned cardboard cartons and trash in the streets of Shuafat outsi [more...] Posted on:10/6/2009 23 killed in south Sudan tribal clashes KHARTOUM: At least 23 people were killed and more than a thousand fled their homes in ethnic clashes in volatile south Sudan over the weekend, a Sudanese official said yesterday. Dinka and Mundari tribesmen clashed throughout the weekend in two Central Equatoria State villages near the southern c [more...] Posted on:10/6/2009
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