Category: Kuwait

  • Wataniya Airways celebrates switch to Istanbul’s Ataturk International Airport

    Wataniya Airways celebrates switch to Istanbul’s Ataturk International Airport

    wataniya CrewWataniya Airways, Kuwait’s only premium service airline, today announced that its three flights a week to Turkey will now land at Ataturk International Airport instead of Sabiha Gokcen International starting November 2nd.

    Ataturk International Airport is Turkey’s major international hub, with its convenient location being the nearest to Istanbul’s city centre.

    Jassim AlQames, Head of Public Relations at Wataniya Airways said, “Istanbul has always been a popular destination for our guests in Kuwait, and our decision to move to Ataturk International Airport is part of our continuing efforts in listening to our guests and enhancing our service. We are delighted to offer our guests a premium travel option with Wataniya Airways, in suitable day-time flights, landing in Istanbul’s prime international hub, and providing them with more convenience and connectivity options beyond Istanbul.”

    Wataniya Airways has three scheduled weekly flights on Tuesdays, Thursdays, and Saturdays to Istanbul. As a result of this change, guests who are members of Wataniya Diwan, Wataniya Airways’ innovative loyalty programme, will also benefit from additional number for flights between Kuwait and Istanbul.

    Ataturk International Airport is spacious and efficient with the full range of services, including, shops, cafes, restaurants, currency exchange and banking offices, baggage check, left luggage as well as an airport hotel. It is the most convenient airport for guests to access Istanbul and is well served by train, road and ferry services.

    Istanbul was Wataniya Airways’ first European destination city since the launch of the airline’s scheduled operations in January 2009. The airline began regular scheduled services to Istanbul in May 2010.

  • Gulf, Turkey hold new round of partnership talks

    Gulf, Turkey hold new round of partnership talks

    Skeikh Mohammad al SabahKUWAIT CITY — Foreign ministers of energy-rich Gulf monarchies and Turkey on Sunday held a new round of talks aimed at boosting economic and political ties and signing a free trade agreement.

    Turkish Foreign Minister Ahmet Davutoglu said the meeting agreed to form working teams on economic and cultural sectors including transport, education and health.

    “The teams will jointly study cooperation plans… so the GCC and Turkey will be integrated in all economic aspects,” Davutoglu told reporters.

    “We believe that Turkey and the GCC have the same objectives in many fields,” he said.

    Kuwait’s Foreign Minister Sheikh Mohammad al-Sabah, whose country holds the rotating presidency of the six-nation Gulf Cooperation Council (GCC), said the meeting also discussed several political issues.

    A programme to develop strategic ties between the two parties was agreed, he said.

    Opening the meeting earlier, Sheikh Mohammad said GCC-Turkey trade has grown rapidly.

    The GCC and Turkey in September 2008 signed a memorandum of understanding to achieve a strategic partnership in all fields between the pro-Western Arab bloc and Ankara.

    Sheikh Mohammad said trade between the GCC and Turkey grew from 1.5 billion dollars (1.1 billion euros) in 1999 to 17.5 billion dollars (12.5 billion euros) in 2008.

    In 2008, GCC exports to Turkey rose five times over 2007 and imports from Ankara increased a massive 15-fold, he said.

    But GCC secretary general Abdulrahman al-Attiyah told the meeting that although there was some progress in certain aspects of cooperation, obstacles to a free trade agreement still existed.

    Attiyah said that a joint economic cooperation committee was formed this year to activate a framework trade agreement signed in 2005 with the ultimate aim of striking a free trade accord.

    The two blocs were also boosting security and counter-terrorism cooperation and discussing a proposal for a rail link between them, he said.

    “Negotiations (on a free trade agreement) are still facing obstacles hindering its conclusion,” Attiyah said without elaborating.

    The GCC groups Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

  • Kuwaiti Amir planning to invest 3 billion USD in Turkey

    Kuwaiti Amir planning to invest 3 billion USD in Turkey

    The Kuwaiti Amir is planning to invest some 3 billion USD in Turkey.

    al Sabah

    The official consultant of Kuwait’s Amir Sabah al-Ahmad al-Jabir al-Sabah in Turkey said the Amir was planning to implement three or four giant projects in Turkey, worth 3 billion USD.

    “We have made 1.5 billion USD of investments in Turkey in the recent three years,” Ugur Akkas, the chairman of the Sems Turk Kuwait-Turkey investment consultancy company, told AA correspondent.

    Akkas said they had mainly invested in immovables, some portfolio purchases in the Istanbul Stock Exchange (IMKB), and tourism.

    The chairman said they planned to invest the 3 billion USD on real estates, and they were focused on Istanbul.

    Akkas said the company was also interested in hydroelectrical power plants, and defined Turkey as a country that might become the food hub of the Gulf region in coming years.

    “We focus on the Southeastern Anatolia Project (GAP) region in agriculture,” he said.

    Akkas said he thought they would increase their investments by 2012.

    Ugur Akkas also said Turkey was a favorite country after the world conjuncture had changed, and the Amir had turned his course towards Turkey and neighboring countries.

    Turkey’s trade volume with Kuwait is around 500 million USD.

    , 14 March 2010

  • Poor Richard’s Report

    Poor Richard’s Report

    Poor Richard’s Report                                                                         

     

                                                                                                    Over 300,150 readers

    My Mission: God has uniquely designed me to seek, write, and speak the truth as I see it. Preservation of one’s wealth while providing needful income is my primary goal in these unsettled times. I have been given the ability to evaluate, study, and interpret world and national events and their influence on the future of the financial markets. This gift allows me to meet the needs of individual and institution clients.  I evaluate situations first on a fundamental basis then try to confirm on a technical basis. In the past it has been fairly successful.

                                 SPECIAL BULLITEN:

     

                                 Our President is about to be Tested – Big Time

     

                The Middle East is about to blow sky high. We have now involved the UN Security counsel plus Germany (called P-5+1) to make Iran negotiate their nuclear weapons program. The due date is September 24, 2009.  To make matters worse the President promised Israel that if they did not take military action with Iran, he would deliver crippling sanctions with Iran.

    Big deal. What we withhold, China and Russia will deliver. This is now guts ball diplomacy that will reverberate across the whole world.

                Here is a scary and realistic scenario that could happen while everyone is concerned with what is going on in the kiddy pool of health care reform and economic recovery.

                ISRAEL will never, never allow itself to be at mortal risk. If and when their intelligence concludes the Iranians are close to getting a bomb, diplomacy will end. Russian expansionism has always been in the setting of somebody else’s war. Putin will ignite the match if he ever gets the chance. Imagine. They get Georgia without a contest, and open the door to secure Ukraine, and make trillions of Rubles selling “high test” to Europe after the Iranians close the Straits of Hormuz. It would stir up a real blizzard and they could retake the Baltic region while NATO is off figuring out how to get the gulf oil turned back on.           

     Buy GLD (NYSE-$99+) or CEF (NYSE-$13+) and top off your home fuel tanks.

     Have a strong cash position also.

     

    Richard C De Graff

    256 Ashford Road

    RER      Eastford Ct 06242     

    860-522-7171 Main Office  

    800-821-6665 Watts

    860-315-7413 Home/Office

    rdegraff@coburnfinancial.com

     

    This report has been prepared from original sources and data which we believe reliable but we make no representation to its accuracy or completeness. Coburn & Meredith Inc. its subsidiaries and or officers may from time to time acquire, hold, sell a position discussed in this publications, and we may act as principal for our own account or as agent for both the buyer and seller.

  • 2009 ANNUAL DUES, DONATIONS and Book Sales

    2009 ANNUAL DUES, DONATIONS and Book Sales

    2009 MEMBERSHIP DUES AND YOUR DONATIONS ARE NEEDED TO CONTINUE OUR POSTED PROGRAMS WITH OUT INTERUPTION

    THE FOLLOWING LINKS WILL TAKE YOU TO THE DUES AND DONATIONS PAGE

    ÜYE AİDATLARI, BAĞIŞLAR VE KİTAP SATIŞLARI

    Dear Friends,

    The Turkish Forum (TF) is the GLOBAL organization with branches and working groups COVERING 5 CONTINENTS, working with many regional Organizations in the America, Europe, Asia, Africa, Australia and Turkey.  TF’s mission is to represent the Turkish Community in in the best way possible, to empower the people of Turkish origin and friends of Turkey to be active and assertive in the political and civic arenas, to educate the political establishments, media and the public on issues important to Turks, and cultivate the relations between the working groups located an five continents, serving the Turkish Communities needs.

    In order to achieve these goals we have performed many activities and completed many projects, THEY ARE ALL LISTED IN THE WEB PAGES OF TF, . You have been informed about these activities and projects, many of you participated voluntarily and contributed heavily and still contributing to these activates and projects. As the events happen and the major steps taken the information always reaches to you  by the TF Grassroots DAILY NEWS Distribution Service.  Needless to say, each activity and project requires a large amount of human and financial resources. TF has a  completely volunteer board, none of the board members receives any compensation or salary or even a small reimbursement. TF also has many volunteer committee members, WELL ESTABLISHED ADVISORY BOARD and project leaders. In addition to our large volunteer pool, please see them an https://www.turkishnews.com/tr/content/turkish-forum/ TF sustains Permanent Offices in New England, Germany and in Turkey and has a number of professional staff to upgrade its systems, and to solve the technical problems.  Please check our website at https://www.turkishnews.com/tr/content/turkish-forum/

    As the 2009 did begin we kindly ask you to support TF by becoming a member, if you are not already one.  You can also contribute a donation if you wish to upgrade your regular membership  to a higher level. Your financial support is critical to TF in order to pursue its mission in a professional manner. Needless to say, it is the financial support that we receive from our members and Friends of Turkey  is the backbone of our organization. As long as this support is continuous we can achieve our objectives and work for the communities across the globe.  Your contribution is tax-exempt under the full extent of the law allowed under Internal Revenue Code 501(c) (3).

    Becoming a member and making an additional contribution are easy: You may become a member online at http://www.turkishnews.com/dagitim/lists/?p=subscribe&id=3

    I thank you for your belief in TF, and look forward to another successful year with your uninterrupted support.

    Sincerely,
    Kayaalp Büyükataman

    Dr. Kayaalp Büyükataman, President CEO
    Turkish Forum- World Turkish Coalition

  • DEBKA:Russia lines up with Syria, Iran against America and the West

    DEBKA:Russia lines up with Syria, Iran against America and the West

    Summary of DEBKAfile Exclusives in Week Ending Sept. 18, 2008
    Russia lines up with Syria, Iran against America and the West

    Sept 12.: Moscow announced renovation had begun on the Syrian port of Tartus to provide Russia with its first long-term naval base on the Mediterranean.

    As the two naval chiefs talked in Moscow, Russian foreign minister Sergei Lavrov met Iranian foreign minister Manouchehr Mottaki in the Russian capital for talks on the completion of the Bushehr nuclear power plant by the end of the year.

    DEBKAfile’s military sources report Russia’s leaders have determined not to declare a Cold War in Europe but to open a second anti-Western front in the Middle East.

    In the second half of August, DEBKA file and DEBKA-Net-Weekly’s analysts focused on this re-orientation (Russia’s Second Front: Iran-Syria), whereby Moscow had decided to use its ties with Tehran and Damascus to challenge the United State and the West in the Middle East as well as the Caucasian, the Black Sea and the Caspian region.

    In aligning with Tehran and Damascus, Moscow stands not only against America but also Israel. This volatile world region is undergoing cataclysmic changes at a time when Israel is without a fully competent prime minister.


    Missile alert is revived on Israel-Gaza border

    12 Sept.: DEBKAfile’s Palestinian sources report that the leaders of the Iranian-backed Jihad Islami terrorist group in Gaza have warned they will go back to firing missiles at neighboring Israeli towns and villages unless the ruling Hamas stops persecuting them.
    Our military sources report that Israeli forces securing the Gaza border went on missile alert Thursday, Sept 11, when Hamas heavies continued their crackdown.

    Hamas gunmen are systematically bulldozing the Jihad bases, built over the ruins of the former Israeli Gush Katif villages, and flattening the sites. They have seized control of Jihad mosques in the southern part of the Gaza Strip and are making arrests.


    Syrian commandos invade 7 Greater Tripoli villages of N. Lebanon
    DEBKAfile Exclusive Report

    13 Sept.: Two Syrian commando battalions accompanied by reconnaissance and engineering corps units have crossed into Lebanon in the last 48 hours and taken up positions in seven villages, most of them Allawite Muslim, outside Tripoli, DEBKAfile’s military sources reported Saturday, Sept. 13. They are the vanguard of a large armored force poised on the border.

    Damascus has signaled to Washington and Paris: Don’t interfere.

    The Syrian incursion coincided with the expected arrival of Russian naval and engineering experts for renovating Tartus, the Syrian port 40 kilometers north of Tripoli, to serve as the Russian fleet’s first permanent Mediterranean base.

    Seen from Israel, once Assad’s army completes its advance on Tripoli, he will control the full length of the military supply route for Hizballah from the Syrian ports of Latakia and Tartus. The Russian presence will add a new and troubling dimension to this development.


    Russia, US pull further apart over Iranian nuclear activities

    13 Sept.: Russian president Dmitry Medvedev said Friday a military solution to the standoff over Iran’s nuclear ambitions is unacceptable and there is no need for new sanctions. At the same time, Washington has imposed new sanctions on Iran, blacklisting a main shipping line and 18 subsidiaries. The US government accuses the maritime carrier of ferrying contraband nuclear material, which Tehran denies.

    Washington sources predict this may be the prelude to more serious actions, such as a naval blockade to choke off Iran’s imports of fuel products.

    Moscow continues to support the European Union’s diplomatic drive to trade incentives for Iran’s consent to curb “some of its nuclear activities.”

    The nuclear watchdog has asked Tehran to account for 50-60 tons of missing uranium from its main enrichment site at Isfahan. It is enough to produce five or six nuclear bombs and is suspected of having been diverted to secret sites to boost the covert production of weapons-grade uranium.


    Terror suspected in Aeroflot crash which killed all 88 people aboard
    DEBKAfile Exclusive Report

    14 Sept.: DEBKAfile’s counter-terror sources report from Moscow that three Jewish families, two Habad students and a Russian general were among the 88 passengers and crew killed in the Aeroflot Boeing 737 crash at Perm, Siberia, Saturday, Sept. 13. The plane was in flight from Moscow.

    Russian authorities reported the plane’s sudden disappearance off the radar at the moment cockpit communications shut off. This indicated the craft may have exploded in mid-air. They suspect terrorism as the cause of the crash because –
    1. At least five passengers bought tickets but did not turn up for the flight. Security officials are trying to locate their addresses and sifting through the wreckage for unaccompanied luggage.

    2. One of the passengers has been identified as Gen. Gennadiy Troshev, a Russian hero for quelling the Chechen rebellion.

    3. Our sources name one of the Jewish – or possibly Israeli – families aboard the doomed flight. They have been named as Ephraim Nakhumov, 35, his wife Golda, 24, and their two children, Ilya, aged 7, and Eva, aged four.


    Thirty-four people die in Iraq Monday

    15 Sept.: At least 22 people were killed and 32 wounded by a female suicide bomber who blew herself at a police gathering in Iraq’s Diyala province.

    The guests were attending an Iftar banquet, when Muslims break their fast during the month of Ramadan, in Balad Ruz, 70km (45 miles) north of Baghdad.

    Earlier, two car bombs exploded in central Baghdad, killing 12 people.


    In show of bravado, Iran launches “air defense exercises”

    Iranian official sources report that the air force drill began Monday, Sept. 15, in half of the country’s 30 provinces. They gave out no details of which provinces or how long the exercise would last. The commander of Iran’s aerial defense, Brig. Gen. Ahmed Mighani said that any enemies attacking the Islamic Republic would regret it.

    The exercise was launched on the day the UN nuclear watchdog reported that non-cooperation from Tehran had stalled its efforts to establish whether or not Iran was developing nuclear warheads, enriching uranium for military purposes, testing nuclear explosives or building nuclear-capable missiles.

    Tehran is not deterred by sanctions or tempted by international diplomacy to give up its nuclear aspirations, especially since the Georgia conflict with the United States has presented Iran with Russian backing for its nuclear program and opposition to sanctions.

    Iran’s defense minister Mostafa Mohammad Najjar said scornfully Monday: “Threats by the Zionist regime and America against our country are empty” – showing that Tehran feels free to go forward with its nuclear plans.


    Gates arrives in Baghdad unannounced

    15 Sept.: Gates arrived in Baghdad to supervise the handover of the Iraq command from Gen. David Petraeus to Lt. Gen. Ray Odierno. Petraeus moves on to lead the Central Command overseeing Middle East, Afghanistan, Horn of Africa.
     

    France wants more sanctions on Iran for stonewalling UN nuclear probe

    16 Sept.: The International Atomic Energy Agency (IAEA) report that for lack of Tehran’s cooperation, it has made no progress in establishing whether or not Iran is developing nuclear warheads, enriching uranium for military purposes, testing nuclear explosives or building nuclear-capable missiles..

    Furthermore, despite three rounds of UN Security Council sanctions, Iran has not stopped nuclear enrichment. At present, 4,800 centrifuges are operating and another 2,000 are getting read to start work in the near future.

    DEBKAfile’s Iranian sources report that the Tehran administration shows more contempt than ever before toward the UN, international diplomacy and potential sanctions, certain that the prospect of a US and Israeli military strike on its nuclear facilities recedes further day by day.

    “Threats by the Zionist regime and America against our country are empty,” said defense minister Mostafa Mohammad Najjar,”


    Ex-PMs Barak and Netanyahu in secret power-sharing talks
    DEBKAfile Exclusive Report

    16 Sept.: Defense minister Ehud Barak of Labor and opposition leader Binyamin Netanyahu of Likud are in advanced negotiations to rotate the premiership between them in order to cut the ground from under Kadima’s winner as leader. The ultra-religious Shas is in on the plan.

    This is reported by DEBKAfile’s political circles.

    Barak’s Labor and Netanyahu’s Likud combined with Eli Yishai’s Shas hold more Knesset seats – 43, than Kadima’s 27. They are in a position to prevent the winner of the Kadima primary from automatically taking over from Olmert as head of the incumbent government coalition. Without Labor, Kadima lacks the numbers to form a viable coalition government.

    DEBKAfile’s sources report that Netanyahu and Barak are close to accord on the general principles of their partnership but are still working on details. Netanyahu would go first up until a general election because Barak, who is not a member of Knesset, cannot become prime minister. Barak believes he can use his pact with Netanyahu to push Kadima’s buttons and at the right moment, take the party over and form a left-of-center Labor-Kadima bloc to fight his current partner, head of the right-of-center Likud.


    North Korea conducts long-range missile engine ignition test

    17 Sept.: The test at the new Tongchang-ri site was detected by the U.S. KH-12 spy satellite. The base is located 50 kilometers (30 miles) from the North Korean border with China,

    At least 11 killed in bloody Hamas crackdown on Doghmush clan militia in Gaza

    16 Sept.: The dead included Momtaz Doghmush, head of Army of Islam and co-kidnapper with Hamas of Gilead Shalit, and in infant. Hamas battled the militia for five hours with mortar fire on its base at the Sabra district of Gaza City, losing one of its gunmen.

    Sixteen killed in al Qaeda attack on US embassy in Yemen

    17 Sept.: Eight Yemeni soldiers, six assailants and 2 civilians were killed in an al Qaeda suicide car bombing, RPG rocket and shooting attack on the US embassy in Sanaa, Wednesday, Sept. 17. No embassy staff members were harmed in the five explosions reported by a US official.

    DEBKAfile’s counter-terror sources disclose that Yemeni president Abdullah Salah, formerly a US partner in the war on terror, recently began working with al Qaeda to win their help for quelling plots by army dissidents to overthrow his regime and for beating back an Iran-backed Shiite rebellion.

    In March, al Qaeda mounted a mortar attack which missed the US embassy but injured 13 girls at a nearby school; other attacks targeted the Italian mission and Western tourists. Non-essential US staff were ordered to leave Yemen in April.


    CIA chief: Al Qaeda greatest security threat to US

    17 Sept.: Speaking in Los Angeles, CIA director Michael Hayden said Osama bin Laden has said repeatedly that he considers acquisition of nuclear weapons a religious duty and he intends to attack America “in ways that inflict maximum death and destruction.”

    North Korea and Iran were also threats. Hayden confirmed that the nuclear reactor Israel destroyed in Syria last year was similar to one in North Korea. Iran, he, has the scientific, technical and industrial capacity to produce nuclear weapons.

    DEBKAfile notes: This comment contradicts the US intelligence assessment last year that Iran had discontinued its military nuclear program in 2003.
    Tuesday, diplomats said that the UN watchdog had intelligence showing Iran had tried to refit a long-distance Shehab missile to carry a nuclear payload.


    Israeli banks hammered on Tel Aviv stock exchange

    17 Sept.: In Tel Aviv, prices plunged across the board, with the major banks taking an extra beating. The public voted no-confidence in the leading banks (Bank Hapoalim plunged 12.5 percent) and disregarded the finance minister, Ronnie Bar-On’s assurances that the Israeli economy is insulated from the global crisis.

    After meeting bank heads Wednesday, Bank of Israel governor Stanley Fischer issued a statement that Israel banks are “relatively well run.”

    Economic experts foresee an Israeli recession around the corner. Lehman Brothers is a major player in Israel’s structured-products market and options market. Personal savings schemes, exports to the United States and Europe and foreign investment are also susceptible.

    As foreigners employed on Wall Street, Israelis are second only to Canadians.

    Thousands have been thrown on the job market. Aside from those recalled by Lehman Brothers after the Barclays buyout, many will return home adding to the pressures on the job market. Israel’s hi-tech industry, second only to the US in annual start-ups, was already facing difficulties before the current crisis, as export orders began drying up.


    After her narrow win, Livni’s ability to form government in doubt
    DEBKAfile Exclusive Analysis

    18 Sept.: Foreign minister Tzipi Livni scraped through to victory in the Kadima party’s first leadership primary Wednesday, Sept. 17.although her win was challenged by transport Shaul Mofaz, one percent behind her (43 to his 42 percent). Early Thursday, Mofaz finally called Livni to congratulate her. Later, he announced he was quitting politics, including the party and government.

    The real results differed dramatically from the three TV exit polls which wrongly awarded Livni a landslide victory and were up to 10 percent wide of the mark. Throughout the campaign the foreign minister was a media favorite and inaccurately described as unchallenged successor to Ehud Olmert both as party chair and prime minister.
    Kadima comes out of the primary bitterly divided.. Livni faces the daunting dual challenges of uniting the party and persuading all the government coalition parties to accept her as prime minister.
    Kadima’s two senior partners, Labor and Shas, are already looking at alternatives.

    The low Kadima turnout, according to DEBKAfile’s political analysts, was a public vote of non-confidence in the party. At the Tel Aviv stock exchange Wednesday, another popular vote of no confidence took place – this one against the economic system ruled by Kadima ministers and the banks