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Ex-Teacher Is Indicted On Child-Porn Charge
Published December 1, 2008, 9:07 pm, Washington Post
A federal grand jury in Maryland indicted a former third-grade teacher at an elite private Washington school on a child-pornography charge yesterday.
KDOW revalued down $4 billion
Published December 1, 2008, 7:55 pm, Zawya
01 December 2008 KUWAIT: Kuwait has revalued a $20 billion joint venture with Dow Chemical Dow Chemical down to $16 billion. KPC KPC has sent a delegation to the United States to renegotiate the deal, now expected to come in at around $16 billion, a source close to the deal told Kuwait Times.
Mega projects likely to face some delays
Published December 1, 2008, 7:55 pm, Zawya
Dubai: Parts of the Dh350 billion Jumeirah Garden City, the Trump International Hotel and Tower on Palm Jumeirah and Nakheel's kilometre-tall tower are just three of Dubai's mega-developments that are delayed.
Gulf stocks mixed amid quiet trading
Published December 1, 2008, 6:11 am, Zawya
KUWAIT CITY, Dec 01, 2008 (AFP) - Stock markets in the Gulf states closed mixed on Monday amid quiet trading as investors digested two months of heavy losses in the wake of the global financial turmoil.
UN calls for 'massive' economic stimulus to ease global crisis
Published December 1, 2008, 5:26 am, Zawya
DOHA, Dec 01, 2008 (AFP) - Governments of the world must embark on a massive financial stimulus to counter the global economic downturn, UN experts said in a report published on Monday.
DIFC Posts Electronic Transactions Law for Public Consultation
Published December 1, 2008, 5:25 am, Zawya
The proposed Electronic Transactions Law is a move towards creating a favourable and secure legal environment for companies within DIFC DIFC to undertake electronic transactions. The Law creates clear rules, regulations, and standards for authenticating electronic messages, records and signatures.
Acquisition of AIG Private Bank Ltd
Published December 1, 2008, 5:25 am, Zawya
01 December 2008 Aabar Investment Aabar Investment PJSC (" Aabar ") is pleased to announce the signing of a binding agreement to acquire AIG Private Bank Ltd. ("
Sudan hikes taxes as oil revenues set to dive
Published December 1, 2008, 4:55 am, Zawya
KHARTOUM, Dec 01, 2008 (AFP) - Sudan on Monday approved a 10-billion dollar budget for 2009, doubling taxes on communications and introducing a new duty on all imported goods to cover a forecast plunge in oil revenue.
Kuwait emir accepts government resignation
Published December 1, 2008, 3:55 am, Zawya
KUWAIT CITY, Dec 01, 2008 (AFP) - The emir of Kuwait accepted the resignation of the cabinet on Monday and asked the outgoing prime minister to form a new government, parliament speaker Jassem al-Khorafi said.
du introduces first unified roaming tariff in the GCC
Published December 1, 2008, 1:40 am, Zawya
The unified rates come into effect immediately without any extra charges and will be available by default to all du du customers while they roam in the GCC region.
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