Gulf in the News – November 5, 2012

Opposition urges demonstrators to avoid clash with police – ‘No more cooperation with PM’

Source: Kuwait Times (Read full story)

The opposition insisted that the gathering in which scores of people were reportedly arrested was a peaceful demonstration. Al-Barrak urged his supporters on Friday to take part in the second demonstration planned for tonight, while urging them to maintain peace. “Expose them by avoiding retaliation if you are beaten by special task forces,” Al-Barrak added. Meanwhile, Bin Jame’a addressed a capacity crowd where he criticized the use of violence against demonstrators, but also rejected the sit-ins and marches “that add fuel to the fire and lead to unnecessary confrontations.” Pledging allegiance to HH the Amir, Bin Jame’a called for a return to the old voting mechanism as he reiterated the Awazem’s decision to join the opposition in boycotting the elections.

Oman to host GCC Power 2012 on Nov 12-14

Source: Oman Daily Observer (Read full story)

Oman is all set to host the annual ‘GCC Power 2012’ Conference and Exhibition on from November 12 to 14. ‘GCC Power’ is an international conference and exhibition for electrical equipment and gives participants the opportunity to learn about the latest developments in the electricity and energy industry. It will include all the major players of the region’s electricity and energy industry, showcase cutting-edge products and solutions and focus on critical issues.

Saudi oil giant Aramco merges tanker fleet with state shipper

Source: The Washington Post (Read full story)

Saudi Arabia’s state-owned oil giant Saudi Aramco says it has agreed to merge its maritime division with the country’s state-owned shipping line to create the world’s fourth-largest tanker operation.

Aramco CEO Khaled Al-Faleh says the $1.3 billion merger will transfer the fleet of the company’s sea-going subsidiary, Vela International, to the state shipping company Bahri.The deal announced Monday is subject to shareholder approval as well as the green light by regulatory authorities.




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