World Gold
Good morning and Good evening and happy day, we invite you to participate
Life in the Golden Menenda and participated Bmoadiek Distinctive
World Gold

Gold, internet, fashion, health, beauty, electronics, pictures, tourism, landmarks States, automotive, education, treatment, mobile, software, women, men
HomePortalCalendarGalleryFAQSearchMemberlistUsergroupsRegisterLog in

Display results as :
Rechercher Advanced Search
Top posting users this month
Latest topics
» وظائف بالكويت مسابقة 2011 2012 للعمل بوزارة التربيه فى جميع التخصصات
Sun Feb 19, 2012 2:15 pm by محمد السعيد الجيوشي

» مسابقة وزارة الاوقاف لسنة 2011 للعمل بوزارة الاوقاف والعمل بالمساجد عدد ( 3592 ) وظيفة عامل مسجد عدد ( 1993 ) وظيفة مؤذن مسجد من الدرجة السادسة والخامسة حرفية خدمات معاونة
Fri Sep 23, 2011 11:57 pm by admin

» العاب موبايل لعبة موبايل العاب للموبايل
Thu Sep 22, 2011 11:54 pm by admin

» العاب السباق للجيل الخامس العاب موبايل mobile-games
Thu Sep 22, 2011 11:53 pm by admin

» تحميل لعبة Ultimate Alien Pinball للجيل الخامس | العاب نوكيا الجيل الخامس 2011
Thu Sep 22, 2011 11:51 pm by admin

» لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه . لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه . لعبة المغامرات سوبر ماريو super mario باللغه العربيه .. لجميع الاجهزه
Thu Sep 22, 2011 11:51 pm by admin

»  games gamesgames العاب ماك MAC 2011
Thu Sep 22, 2011 11:47 pm by admin

» الماك الالعاب العاب ماك للماك العاب روعه رائعه من العاب الماك
Thu Sep 22, 2011 11:46 pm by admin

» العاب ماك مجموعة الماك من الالعاب المتنوعه
Thu Sep 22, 2011 11:44 pm by admin

» العاب ماك جميع العاب الماك تجد مجمعه غالبية العاب الماك
Thu Sep 22, 2011 11:36 pm by admin

» mobile gamesمركز ألعاب الماك مجموعة العاب مميزه للماك
Thu Sep 22, 2011 11:35 pm by admin

» Games iPad 2011
Thu Sep 22, 2011 11:32 pm by admin

» Games iPad : Fast Five the Movie: Official Game HD
Thu Sep 22, 2011 11:31 pm by admin

» Games iPad : Fast Five the Movie: Official Game HD
Thu Sep 22, 2011 11:30 pm by admin

» العاب ايباد مجموعة العاب ايباد العاب للايباد اخر موضه Games iPad
Thu Sep 22, 2011 11:29 pm by admin

December 2018
Top posting users this week
Search Engine OptimizationSubmit Express

Share | 

 Kuwait Says Gulf Arab States to Set Up $10 Billion Fund for Oman, Bahrain

Go down 

Posts : 2302
Reputation : 0
Join date : 2010-12-20
Age : 41

PostSubject: Kuwait Says Gulf Arab States to Set Up $10 Billion Fund for Oman, Bahrain   Fri Mar 11, 2011 2:40 pm

The Gulf Cooperation Council plans to set up a fund worth more than $10 billion, Kuwait’s foreign minister said, to help the rulers of Bahrain and Oman appease popular protest movements.
The announcement will be made today in Riyadh, Saudi Arabia, where ministers from the six-nation bloc are meeting, Sheikh Mohammad Al-Sabah said in an interview. He declined to give further details.
Protesters in Oman and Bahrain are calling for free elections, more housing and jobs, echoing popular movements that have swept the region in the past two months and unseated longtime rulers in Tunisia and Egypt. At least two people have been killed in clashes between demonstrators and security forces in the Omani city of Sohar, while in Bahrain, seven people have been killed in demonstrations.
The unrest has deterred investors and sent the Bloomberg GCC 200 Index (BGCC200) of Gulf shares down 6.6 percent so far this year, while oil rose to a 2 1/2-year high as protests in Libya, holder of Africa’s largest oil reserves, escalated into civil war.
The GCC aid pledge helped the region’s stocks pare losses today, with Oman’s MSM30 Index (MSM30) rising 0.5 percent and Bahrain’s BB All Share Index adding 0.1 percent.
The protests in Bahrain, home to the U.S. Navy’s Fifth Fleet, began on Feb. 14 and marked the spread of the unrest to the Persian Gulf, where most Middle Eastern oil is produced.Shiite Majority

Shiite Muslims, who represent as much as 70 percent of Bahrain’s population, say they face discrimination over jobs and housing from the ruling Al Khalifa family, who are Sunnis, and their supporters. Omanis are demanding higher wages and are pressing Sultan Qaboos Bin Said to name a prime minister and give more power to the consultative council.
In both countries, hereditary rulers have taken measures aimed at placating the protesters. Bahrain yesterday announced plans to spend $6.6 billion on new homes to allay a shortage, and Crown Prince Salman bin Hamad Al Khalifa has invited the Shiite-led opposition to enter a “national dialogue.” The largest opposition group, al-Wefaq, said it wants “significant steps” from the government before agreeing to negotiate.
Oman’s Sultan Qaboos told the government to hire 50,000 Omanis and pay 150 rials ($390) a month to job-seekers.
Saudi Arabia, the largest GCC economy, has also taken steps to avert protests spreading to the kingdom, pledging more than $30 billion of spending to build homes, create jobs and increase social security payments. Saudi opposition supporters have called for a “Day of Rage” tomorrow to demand a constitutional monarchy and free elections.
In the United Arab Emirates, a petition has been circulated by academics and activists calling for elections to the legislative advisory body, the Federal National Council.
The GCC is comprised of Saudi Arabia, Kuwait, the U.A.E., Oman, Qatar and Bahrain.
To contact the reporter on this story: Dahlia Kholaif in Kuwait at
To contact the editor responsible for this story: Shaji Mathew at
Back to top Go down
Kuwait Says Gulf Arab States to Set Up $10 Billion Fund for Oman, Bahrain
Back to top 
Page 1 of 1
 Similar topics
» The Gulf War
» The Arab Spring progresses in Egypt
» Gulf War Syndrome...
» States proposing a new law for the missing ... Caylee's Law
» VIDEO - McCann Investigation: Every Picture Tells a Story....

Permissions in this forum:You cannot reply to topics in this forum
World Gold :: Announcements and News :: Announcements and News-
Jump to: