In 2011, 85 new infrastructure projects reached financial or contractual closure in lower and upper-middle income countries in the East Asia and the Pacific (EAP) region: China (63), Indonesia (1), Lao PDR (2), Malaysia (1), Philippines (3), Thailand (7) and Vietnam (8). Total investment commitments (hereafter, investment) in all infrastructure projects reached US$10.4 billion, of which US$7.6 billion were investments in new projects and US$2.8 billion were additional investments in existing projects. As compared to 2010 investment levels, 2011 witnessed a decrease of 39 percent. No new telecom projects reached financial closure in 2011. Out of the 18 covered carriers eight expanded their operations with additional investments of US$2.8 billion, a 26 percent decrease in investments from 2010 levels. The largest expansion of US$813 million was done by XL Axiata in Indonesia, owned by Emirates Telecommunications. The investments were almost equally split between mobile access projects and multi-service provider projects. Indonesia and Malaysia attracted about 30 percent of the investments, the Philippines 25 percent, and Thailand the remaining 15 percent, which was in line with the pattern of previous years. Four transport projects closed in China in 2011, the same as in 2010. Two seaport terminals closed, in Zhenjiang Province (three container terminals) and Jiangsu Province (liquid bulk terminal). Two Greenfield road projects also closed, with a total length of 132 kilometers. Total investment in transport projects amounted to US$936 million, a 13 percent increase from 2010 levels.
ОАЭ/Франция: компания Etisalat продлила срок проведения переговоров с Vivendi относительно доли в Ma
Крупнейшая в ОАЭ телефонная компания Emirates Telecommunications (Etisalat) согласилась продлить срок проведения переговоров с французской фирмой Vivendi относительно приобретения доли последней в Maroc Telecom. Сообщается, что эксклюзивные переговоры по приобретению 53%-ной доли в марокканской фирме за 4,2 млрд евро ($5,7 млрд) были продлены до 31 октября.
Softbank has released a smartphone case-shaped satellite phone 202TH, manufactured by Thuraya Telecommunications Company of the United Arab Emirates. It works with an iPhone 5. You can start using the 202TH as a satellite phone after you put your iPhone 5 inside of it, then connect the iPhone 5 and…
Франция/ОАЭ: компания Vivendi планирует продать свою долю в Maroc Telecom фирме Emirates Telecommuni
Французская компания Vivendi планирует продать свою долю в Maroc Telecom фирме Emirates Telecommunications (ETISALAT) за 4,2 млрд евро ($5,5 млрд) в рамках плана по расширению медиа-бизнеса. Так, Vivendi намерена продать 53% акций марокканской фирмы или 92,6 дирхама за каждую акцию, что ниже последней цены закрытия бумаг в 99,55 дирхама.
Второй по величине в Южной Корее оператор сотовой связи KT отказался от приобретения 53%-ной доли в марокканском представителе отрасли Maroc Telecom на сумму $6 млрд в связи с "большими различиями" в оценке ее стоимости. Следует отметить, что основными претендентами на покупку акций компании являются Emirates Telecommunications и Qatar Telecom.
Государственные органы Объединенных Арабских Эмиратов наложили официальный запрет на использование в стране популярного сервиса IP-телефонии Skype. Причиной блокировки стало отсутствие у сервиса лицензии от департамента телекоммуникаций, разрешающей деятельность на территории страны
Государственные органы Объединенных Арабских Эмиратов (ОАЭ) наложили официальный запрет на использование в стране популярного сервиса IP-телефонии Skype. Как сообщает "ИТАР-ТАСС" со ссылкой на данные спутникового телеканала "Аль-Арабия", причиной блокировки Skype в ОАЭ стало отсутствие у сервиса лицензии от департамента телекоммуникаций, разрешающей деятельность на территории страны. "Сервис заблокирован, и будет оставаться под запретом до тех пор, пока не получит соответствующую лицензию", - заявил представитель департамента Мохаммед Нассер аль-Ганем. Власти также подчеркивают, что о снятии блокировки в ближайшее время не может идти речи, поскольку основные операторы связи в стране, компании Emirates Integrated Telecommunications Company и Emirates Telecommunications Corporation (Etisalat), не подавали заявки на разблокировку. Отметим, что телеком-провайдеры ОАЭ на протяжении нескольких лет регулярно блокировали доступ граждан страны к Skype. В настоящее время Skype является одним из самых используемых сервисов интернет-телефонии во всем мире. Размер его аудитории превышает 660 миллионов пользователей.
Крупнейшая в ОАЭ телефонная компания Emirates Telecommunications (Etisalat) привлекла двухтраншевый кредит на сумму $8 млрд для финансирования сделки по приобретению 53%-ной доли в марокканском представителе отрасли Maroc Telecom, принадлежащей французской медиа-компании Vivendi. Следует отметить, что среди потенциальных покупателей также находятся Qatar Telecom и KT.
Крупнейшая в ОАЭ телефонная компания Emirates Telecommunications (Etisalat) выразила заинтересованность в приобретении 53% акций африканского подразделения французской медиа-компании Vivendi. Сообщается, что Etisalat готова выплатить $6 млрд за долю в Maroc Telecom с целью расширения своего присутствия на рынках Африки. Заметим, что среди прочих претендентов на покупку находятся такие компании, как KT и Qatar Telecom.
Imports in Oman increased to 999 OMR Million in March from 593.80 OMR Million in February of 2017. Imports in Oman averaged 692.08 OMR Million from 2004 until 2017, reaching an all time high of 1392.10 OMR Million in September of 2013 and a record low of 242.50 OMR Million in January of 2005. Oman main imports are: transport equipment (24 percent of total imports); electrical machinery and mechanical appliances and parts (18 percent); mineral products (14 percent) and base metals and articles thereof (13 percent). Main import partners are: United Arab Emirates (27 percent of total imports), Japan (13 percent) and United States (6 percent). Others include: Saudi Arabia, India, China and Germany. This page provides - Oman Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Gold And Silver Worth $1.4 Billion Carried In Baggage From Turkey To Iran, UAE And Middle East in September
Submitted by GoldCore Gold Bullion Gold And Silver Worth $1.4 Billion Carried In Baggage From Turkey To Iran, UAE And Middle East in September Today’s AM fix was USD 1,679.00, EUR 1,313.05, and GBP 1,050.82 per ounce. Friday’s AM fix was USD 1,708.25, EUR 1,325.77, and GBP 1,061.29 per ounce. Silver is trading at $31.05/oz, €24.39/oz and £19.51/oz. Platinum is trading at $1,550.32/oz, palladium at $597.38/oz and rhodium at $1,070/oz. Gold dropped $35.70 or 2.08% in New York on Friday and closed at $1,678.00. Silver hit a low of $30.789 and finished with a loss of 4.01%. Gold and silver were down nearly 2% and 3% on the week. Cross Currency Table – (Bloomberg) Gold edged up a bit on Monday, limiting the fall after the better than expected US jobs number sent the yellow metal downward to a two month low. If the US Fed doesn’t need to embark on more stimulus measures this may limit the yellow metal’s appeal with investors who see continuous money printing by central banks as increasing inflation and debasing currencies. The US dollar limited gold’s rebound as it hit its highest in 2 months as investors parked money there before the US election. This week there is an ECB policy meeting on November 8th and also a key gathering of the Chinese Communist Party. US Economic highlights include ISM Services at 1500 GMT today. Wednesday’s data is Consumer Credit, Thursday Initial Jobless Claims and the Trade Balance and Friday Export & Import Prices, Michigan Sentiment, and Wholesale Inventories are published. Turkey’s trade deficit has been shrinking and the country has enjoyed the best bond rally in the emerging markets this year due in part to the contributions of airline passengers transporting gold in their baggage. Statistics from Istanbul’s 2 main airports show $1.4 billion of precious metals were registered for export in September. XAU/USD Currency, 1 Year – (Bloomberg) Iran is Turkey’s largest oil supplier and Turkey has been paying for the oil not only with liras but also with gold bullion. Turkey exported $11.7 billion of gold and precious metals since March, when Iran was barred from the Society for Worldwide Interbank Financial Telecommunication, (Swift) making it nearly impossible for Iran to complete large international fund transfers. Of the $11.7 billion, $10.2 billion or 90% was to Iran and the United Arab Emirates, according to data on Turkey’s state statistics agency’s website. Turkey’s current account deficit is second in the world at $77.1 billion or 10% of GDP while the US currently holds the top spot. The problem with Turkey switching from a net importer to a net exporter of gold bullion this year is that the foreign trade data is misrepresented. Turkey’s use of precious metals is a key factor to help turn around its nation’s current junk bond rating status. We mentioned before the government’s efforts to move the $302 billion in privately held gold, into government banks to increase the money supply in the economy. “October data will be very critical” as the US urged Turkey not to export gold to Iran or the UAE, “which means indirectly to Iran,” Ozgur Altug, chief economist at BGC Partners in Istanbul, said in an e-mailed report yesterday. The increase in precious metal exports accounted for three quarters of the 14% one year gain in total exports in the first nine months, Gulay Girgin, chief economist at Oyak Securities in Istanbul, said in an e-mailed report yesterday. “If you look at Turkey’s trade figures without gold, it doesn’t look that great,” Gizem Oztok Altinsac, an economist at Garanti Yatirim, the investment unit for Turkey’s biggest bank, said by phone yesterday. “I think the analysts are paying a lot of attention to this, but at the end of the day, the bottom line is the current-account deficit, and that’s getting better.” For breaking news and commentary on financial markets and gold, follow us on Twitter. NEWS Gold edges higher as dollar retreats – Market Watch Gold firms after jobs report sparked sell-off - Reuters Hedge Funds Reduce Bullish Bets Most in Five Months - Bloomberg Gold Traders Most Bullish in 10 Weeks on Stimulus - Bloomberg COMMENTARY Bundesbank Continues Golden Damage Control – Zero Hedge Election outcome will have no impact on the price of gold – The Daily Reckoning Keiser: 'Barack Obama is clueless. Mitt Romney will bankrupt the country' – The Independent The Great Precious Metals Managed Retreat – Resource Investor
Etisalat , the Gulf's No.2 telecommunications operator, will not completely sell out of any of its foreign markets, the company's chief executive said on Sunday. The United Arab Emirates firm, which operates ...
Submitted by Felix Imonti of OilPrice.com Qatar: Rich and Dangerous The first concern of the Emir of Qatar is the prosperity and security of the tiny kingdom. To achieve that, he knows no limits. Stuck between Iran and Saudi Arabia is Qatar with the third largest natural gas deposit in the world. The gas gives the nearly quarter of a million Qatari citizens the highest per capita income on the planet and provides 70 percent of government revenue. How does an extremely wealthy midget with two potentially dangerous neighbors keep them from making an unwelcomed visit? Naturally, you have someone bigger and tougher to protect you. Of course, nothing is free. The price has been to allow the United States to have two military bases in a strategic location. According to Wikileak diplomatic cables, the Qataris are even paying sixty percent of the costs. Having tanks and bunker busting bombs nearby will discourage military aggression, but it does nothing to curb the social tumult that has been bubbling for decades in the Middle Eastern societies. Eighty-four years ago, the Moslem Brotherhood arose in Egypt because of the presence of foreign domination by Great Britain and the discontent of millions of the teaming masses yearning to be free. Eighty-four years later, the teaming masses are still yearning. Sixty-five percent of the people in the Middle East are under twenty-nine years of age. It is this desperate angry group that presents a danger that armies cannot stop. The cry for their dignity, “I am a man,” is the sound that sends terror through governments. It is this overwhelming force that the Emir of Qatar has been able to deflect. A year after he deposed his father in 1995, Sheikh Hamad bin Khalifa Al-Thani established the Al-Jazeera television satellite news network. He invited some of the radical Salafi preachers that had been given sanctuary in Qatar to address the one and a half billion Moslems around the world. They had their electronic soapbox and the card to an ATM, but there was a price. The price was silence. They could speak to the world and arouse the fury in Egypt or Libya, but they would have to leave their revolution outside of Qatar or the microphone would be switched off and the ATM would stop dispensing the good life. The Moslem Brotherhood, that is a major force across the region, dissolved itself in Qatar in 1999. Jasim Sultan, a member of the former organization, explained that the kingdom was in compliance with Islamic law. He heads the state funded Awaken Project that publishes moderate political and philosophical literature. How Qatar has benefited from networking with the Salafis is illustrated by the connections with Tunisia where Qatar is making a large investment in telecommunications. Tunisian Foreign Minister Rafiq Abdulsalaam was head of the Research and Studies Division in the Al Jazeera Centre in Doha. His father-in-law Al Ghanouchi is the head of the Tunisian Muslim Brotherhood party. Over much of the time since he seized power, Sheikh Hamad bin Khalifa Al-Thani has followed the policy of personal networking, being proactive in business and neutral on the international stage. The Emir is generous with the grateful, the Qatar Sovereign Wealth Fund bargains hard in the board room and the kingdom makes available Qatar’s Good Offices to resolve disputes. Qatar’s foreign policy made an abrupt shift when the kingdom entered the war against Qaddafi. The kingdom sent aircraft to join NATO forces. On the ground, Qatari special forces armed, trained, and led Libyans against Qaddafi’s troops. The head of the National Transition Council Mustafa Abdul Jalil attributed much of the success of the revolution to the efforts of Qatar that he said had spent two billion dollars. He commented, “Nobody traveled to Qatar without being given a sum of money by the government.” Qatar had ten billion dollars in investments in Libya to protect. The Barwa Real Estate Company alone had two billion committed to the construction of a beach resort near Tripoli. While the bullets were still flying, Qatar signed eight billion dollars in agreements with the NTC. Just in case things with the NTC didn’t work out, they financed rivals Abdel Hakim Belhaj, leader of the February 17 Martyr’s Brigade, and Sheik Ali Salabi, a radical cleric who had been exiled in Doha. If Qatar’s investments of ten billion dollars seem substantial, the future has far more to offer. Reconstruction costs are estimated at seven hundred billion dollars. The Chinese and Russians had left behind between them thirty billion in incomplete contracts and investments and all of it is there for the taking for those who aided the revolution. No sooner had Qaddafi been caught and shot, Qatar approached Bashar Al-Assad to establish a transitional government with the Moslem Brotherhood. As you would expect, relinquishing power to the Brotherhood was an offer that he could refuse. It didn’t take long before he heard his sentence pronounced in January 2012 on the CBS television program, 60 Minutes by Sheikh Hamad bin Khalifa Al-Thani. The Emir declared that foreign troops should be sent into Syria. At the Friends of Syria conference in February, Prime Minister Hamad bin Jassim al-Thani said, "We should do whatever necessary to help [the Syrian opposition], including giving them weapons to defend themselves." Why would Qatar want to become involved in Syria where they have little invested? A map reveals that the kingdom is a geographic prisoner in a small enclave on the Persian Gulf coast. It relies upon the export of LNG, because it is restricted by Saudi Arabia from building pipelines to distant markets. In 2009, the proposal of a pipeline to Europe through Saudi Arabia and Turkey to the Nabucco pipeline was considered, but Saudi Arabia that is angered by its smaller and much louder brother has blocked any overland expansion. Already the largest LNG producer, Qatar will not increase the production of LNG. The market is becoming glutted with eight new facilities in Australia coming online between 2014 and 2020. A saturated North American gas market and a far more competitive Asian market leaves only Europe. The discovery in 2009 of a new gas field near Israel, Lebanon, Cyprus, and Syria opened new possibilities to bypass the Saudi Barrier and to secure a new source of income. Pipelines are in place already in Turkey to receive the gas. Only Al-Assad is in the way. Qatar along with the Turks would like to remove Al-Assad and install the Syrian chapter of the Moslem Brotherhood. It is the best organized political movement in the chaotic society and can block Saudi Arabia’s efforts to install a more fanatical Wahhabi based regime. Once the Brotherhood is in power, the Emir’s broad connections with Brotherhood groups throughout the region should make it easy for him to find a friendly ear and an open hand in Damascus. A control centre has been established in the Turkish city of Adana near the Syrian border to direct the rebels against Al-Assad. Saudi Deputy Foreign Minister Prince Abdulaziz bin Abdullah al-Saud asked to have the Turks establish a joint Turkish, Saudi, Qatari operations center. “The Turks liked the idea of having the base in Adana so that they could supervise its operations” a source in the Gulf told Reuters. The fighting is likely to continue for many more months, but Qatar is in for the long term. At the end, there will be contracts for the massive reconstruction and there will be the development of the gas fields. In any case, Al-Assad must go. There is nothing personal; it is strictly business to preserve the future tranquility and well-being of Qatar.
Having trouble keeping track of how many countries have now officially rebelled against Pax Americana in the past week? Here is your handy one-stop resource to keep you abreast of all the latest in the embassy storming fad. Since the map above is as of September 13, don't forget to add Afghanistan and now Pakistan. And further details courtesy of AP: PAKISTAN Hundreds of protesters demonstrating against the film torched a press club and a government building in the northwestern town of Wari, setting of clashes with police that killed one demonstrator and wounded several others. Hundreds also clashed with police for a second day in the southern city of Karachi as they tried to reach the U.S. Consulate there. Police lobbed tear gas and fired in the air to disperse the protesters who were from the student wing of the Jamaat-e-Islami party. Police arrested 40 students, but no injuries were reported. --- AFGHANISTAN Demonstrations turned violent outside a U.S. military base in Kabul, where about 800 protesters burned cars and threw rocks at Camp Phoenix. Many in the crowd shouted "Death to America!" and "Death to those people who have made a film and insulted our Prophet." Police fired into the air to hold back about crowd and to prevent it from pushing toward government buildings downtown. More than 20 police officers were slightly injured, most of them hit by rocks. Protests also broke out along the main thoroughfare into Kabul, where demonstrators burned shipping containers and tires. The crowd torched at least one police vehicle before finally dispersing. --- INDONESIA Hundreds clashed with police outside the U.S. Embassy in Jakarta, hurling rocks and firebombs and setting tires alight. It was the first violence seen in the world's most populous Muslim country since international outrage over the film exploded last week. Eleven policemen were rushed to the hospital after being pelted with rocks and attacked with bamboo sticks, while four protesters were arrested and one was hospitalized. Demonstrators burned a picture of President Barack Obama and tried to ignite a fire truck parked outside the embassy after ripping a water hose off the vehicle and torching it, sending black smoke billowing into the sky. Police used water cannons and tear gas to try to disperse the crowd as the protesters shouted "Allahu Akbar," or God is great, and burned a U.S. flag. Demonstrations were also held in the cities of Medan and Bandung. --- IRAN Iran's top leader urged the West to show it respects Muslims by blocking the film. Ayatollah Ali Khamenei said Western leaders must prove they are not "accomplices" in a "big crime." Khamenei was quoted on state TV as noting that some nations place restrictions on expression, such as banning Nazi-related sites. --- EGYPT An al-Qaida-linked Egyptian jihadist, Ahmed Ashoush, issued a religious edict, or fatwa, saying it is justified to kill anyone who took part in the making of the prophet film. Ashoush, who was believed close to Osama bin Laden and al-Qaida's current No. 1, Ayman al-Zawahri, heads the relatively obscure "Jihad Group." His edict, posted on a militant website, says the blood of the participants in the movie "should be shed, including the producer, the director and the actors" and that "their killing is a duty of every capable Muslim." --- WEST BANK Several hundred Palestinians held a peaceful protest in the city of Ramallah against the film. Men stood on one side, chanting, "We will sacrifice for you, oh Muhammad." Women wearing headscarves stood on the other side, holding up large posters in Arabic, including one that read: "The Prophet is more important than my family." --- UNITED ARAB EMIRATES The country's telecommunication regulator said it has blocked access to the video and urged users to report any existing links to the country's Internet providers. Internet users in the Emirates searching by name for the film on YouTube, for example, now get a standard page used for other censored sites in the country saying "this website is not accessible in the UAE." There are loopholes, though, since YouTube itself is not blocked and it is still possible to view the film by clicking recently posted links found within the site. fd
Крупнейшая в ОАЭ телефонная компания Emirates Telecommunications (Etisalat) намерена привлечь $502 млн путем продажи большей части своих акций в индонезийском операторе мобильной связи XL Axiata.