24/04/2015 (Emirates 24/7 – UAE): DP World, one of the world’s biggest port operators, wants to issue a dollar-denominated bond and could announce plans to market the deal to investors as soon as next week, three sources aware of the matter said on Thursday.
The firm could raise between $750 million and $1 billion from the bond issue, depending on investor appetite and the interest rate the company would have to pay to borrow the money, two of the sources said, speaking on condition of anonymity as the information isn’t public.The firm is likely to issue long-term bonds, with a lifespan of ten years possible, the two Gulf-based sources added.A spokeswoman for DP World didn’t immediately respond to an emailed request for comment.The bond plans come at a time when the firm is expanding its operations through acquisitions and many Gulf-based borrowers are turning to the bond market to secure longer-term funding while interest rates remain historically low…
24/04/2015 (Times of Oman – Oman):Muscat: Constant practice coupled with hard work and dedication will make anyone a dynamic musician, said Balabhaskar, renowned Indian violinist, who is in Muscat for a fund-raising concert organised by the Indian School Darsait (ISD) at the City Amphitheatre on Saturday.Speaking to the Times of Oman soon after reaching Muscat on Friday, Balabhaskar who had literally exploded onto the music scene with his unorthodox blend of Carnatic and Western music, said music had to be practiced constantly to attain perfection. “There are no short cuts to success in anything you do. It is the same with music. If you do not practice constantly you cannot be a perfect musician. You need to have that passion and dedication to become a dynamic musician. I used to practice for close to nine hours every day,” he said…
24/04/2015 (Yemen Times – Yemen): More than 115 children have been killed and 172 maimed in Yemen since the Saudi-led coalition started their airstrikes on the 26th of March, said the UN children’s agency UNICEF. According to a UNICEF spokesman, at least 64 children have been killed by airstrikes, 26 killed by unexploded bombs and mines while others have been killed by gun shots, and shelling. They believe that the numbers are much higher as these are conservative estimates.Children have been direct victims of the conflict as hundreds of thousands have been severely affected by this conflict. “We used to tell our three children that the sounds of explosions and gun shots were weddings, but as the fighting became intense we couldn’t lie to them anymore”, said Jaber Hassan a construction worker…
24/04/2015 (Sabah – Turkey): President Recep Tayyip Erdoğan on Friday said that Turkey wants to turn this century into a century of peace. Attendees at the Gallipoli Commemorations, which had the participation of prominent world leaders including Prince Charles, conveyed messages of peace.”Battle of Gallipoli is a victory for the Turkish nation, but also a source of sadness due to the thousands of casualties” Erdoğan said, touching upon the fact that wars inevitably lead to tragedies regardless of who wins.Prince Charles also gave a speech at the commemorations ceremony and said: “We should pay respect to the heroism shown during the Gallipoli Battle on both sides.” The Prince of Wales also noted that people have a shared duty to overcome intolerance, fight against hatred and pursue greater harmony in order to be able to “truly say we have honored the sacrifice of those who fought and died at Gallipoli.”..
24/04/2015 (Hurriyet – Turkey): Exquisitely crafted gold, silver and bronze objects are on display at the Louvre Museum in Paris, giving visitors a rare glimpse of the ancient Thracian culture that produced them.Many stories still remain untold about this refined civilization whose citizens included Orpheus, the mythical son of a Thracian king, and the legendary gladiator Spartacus, who led an uprising against Rome.“Ancient Thrace is most famous for its unique goldsmithing works,” Bulgarian exhibition commissioner Milena Tonkova told AFP ahead of the opening last week.One of the exhibition highlights is the Panagyurishte ritual beverage set, the most prized possession of these ancient people who lived from the 2nd millennium B.C. to the 3rd century A.D in the Balkan Peninsula…
19/04/2015 (Saudi Gazette – KSA): RIYADH — Career women in the GCC are ambitious and want to lead in their organizations, with over 50 percent of those surveyed aiming at senior or board level position within the next seven years, according to a breakthrough report conducted by the Pearl Initiative, the leading independent private sector-led, not-for-profit organization working across the Gulf Region to influence and improve corporate accountability and transparency. Launched last Thursday at the inaugural Pearl Initiative and United Nations Global Compact regional Forum held in Dubai under the Patronage of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, the report’s findings and recommendations are consistent with the Women Empowerment Principles, an initiative co-developed by the United Nations Global Compact and UN Women…
19/04/2015 (Hurriyet – Turkey): Ankara’s contemporary art gallery, Siyah Beyaz, will be exhibiting CI Editions art works on April 24 and 25. The aim of CI Editions is to discuss and promote various formal and conceptual dimensions of art editions and multiples and to reach a new collector group. It is aiming to present editions as an important field of art’s production, as well as an effective way to distribute art works to a wider audience, and win new collectors and art lovers. Visitors of the exhibition will see works by Hale Tenger, Buğra Erol, Fırat Engin, Ardan Özmenoğlu and Ahmet Polat. All Works of CI Editions have been specifically created for the project. More artists such as Mustafa Horasan, Gözde Türkkan, Erdoğan Zümrütoğlu, Seçkin Pirim, Ahmet Duru and Selçuk Ceylan will also be in the exhibition. ..
19/04/2015 (Gulf Times – Qatar): Clashes between rebels and pro-government forces in Yemen and Saudi-led air strikes killed 44 people, medics and local sources said on Sunday, as Riyadh pledged to cover a UN humanitarian aid appeal.The UN says hundreds of people have died and thousands of families fled their homes since the air war was launched on March 26 at the request of embattled President Abedrabbo Mansour Hadi.Ten Houthi rebels and four members of the “popular committees” militia fighting on the side of Hadi were killed in pre-dawn clashes in the southwestern city of Taez, the sources said.The city has become the scene of fierce clashes over the past week, after having been largely spared in fighting that has spread across several Yemeni provinces.Airstrikes on Houthi rebel positions in the southern city of Daleh as well as clashes on Sunday killed 17 Houthis and six southern fighters.Seven more Houthis were killed in an attack by tribesmen in the southern Shabwa province.The rebels who seized Sanaa unopposed in September, have since expanded their control over several provinces.In Aden, southern fighters clashed on Saturday night with rebels and allied troops who have seized parts of the city, residents said, but no casualty toll was available…
19/04/2015 (Arab News – KSA): More than 77,000 visitors attended the exhibition and conference on the life of the late King Fahd.
The event, which concluded on Saturday, was opened by Custodian of the Two Holy Mosques King Salman at the Riyadh International Exhibition and Conference Center.The show, originally scheduled to run for two weeks, was extended for a further four days due to public demand.The exhibition, organized by the children and grandchildren of King Fahd, was held in collaboration with the King Abdul Aziz Foundation (Darah) under the theme: “Fahd — the Spirit of Leadership.”Madinah Gov. Prince Faisal bin Salman, who visited the exhibition, said the exhibition’s next venue will be in his region to remind people in that part of the Kingdom of the many services rendered by the late king.Outlining the many services rendered by King Fahd, Prince Faisal recalled that the expansion of the Prophet’s Mosque in Madinah was initiated during his reign. Thus, he added that it was nothing but right to have the next venue in Madinah in appreciation of the king’s services…