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THURSDAY, JUNE 14, 2012
Legendary Pakistan singer Mehdi Hassan dies
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Barrak: Central Bank not cooperating with panel
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RAJAB 24, 1433 AH
Court acquits officers who beat MP Wasmi
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By B Izzak
Political row has economic plans on ice KUWAIT: A Kuwaiti walks into a lost and found bureau and says he is searching for the Gulf state’s vaunted KD 30 billion ($107 billion) economic development plan. The cartoon in the Kuwait Times captures frustration at a long-running political row which has engulfed the major oil producer, distracting from economic reforms and stalling legislation. Political infighting between the parliament and government has forced the resignation of two cabinet ministers in less than a month and threatens to draw in more of their cabinet colleagues. The minister for social affairs and labour resigned this week and the finance minister quit last month after a questioning session in parliament led by opposition lawmakers. The opposition MPs, who hold a majority in parliament, are mulling similar sessions for the oil minister, interior minister and defence minister over different issues. Such grillings may end in a confidence vote which could force ministers out of office. “The political situation in Kuwait is hindering economic development because to unleash Kuwait’s economic potential you really need to make progress Continued on Page 13
LVIV, Ukraine: Portugal’s Cristiano Ronaldo (left), Denmark’s Simon Kjaer and Danish goalkeeper Stephan Andersen go for the ball during the Euro 2012 championship Group B match between Denmark and Portugal yesterday. — AP (See Page 20)
Iraq attacks kill 72
BAGHDAD: People and security forces inspect the scene of a car bomb attack in the Karrada neighborhood of Baghdad yesterday. — AP
Gulf looks to sun for future power DUBAI: After decades of relying on carbon-emitting fossil fuels to build their cities in the desert, some oil and gas rich nations of the Gulf are now turning skywards to the sun to meet future energy demands. Ambitious multi-billion-dollar projects to harness the power of the region’s year-round blazing sun have already been announced by Saudi Arabia, Qatar and the United Arab Emirates. Global energy summits are being held in the region’s desert capitals while whole communities, research institutes and businesses devoted to the production, promotion and application of renewable energy are being built. Perhaps most significantly, the region’s nations are speaking of sustainable development and clean energy as a key to ensuring future growth. Focusing on renewable energy also makes “economic sense” for the Gulf states, said Adnan Amin, director general of the Abu Dhabi-based International Renewable Energy Agency (IRENA). With local energy demands rapidly increasing, “it’s much more expensive for them to subsidise their oil consumption than it is to invest in renewable energy,” he said. The hydrocarbon-producing six nations of the Gulf Cooperation Council are still far behind much of the world when it comes to environmental protection, reducing per capita carbon emissions and the use of clean energy to drive their economies. But there are signs the trend is changing, with the Gulf waking up to the benefits of renewables, specifically the sun. The region is likely to become “one of the fastest growing in renewable energy investment in the coming years,” said Amin, adding that the controversial decision to base IRENA in a nation ranked third in the list of global per capita carbon emissions has been “vindicated”. The UAE is “seeing itself as an energy economy for the future, not just an oil economy,” said Amin. They are “investing heavily worldwide and taking forward the cause of renewable energy.” Continued on Page 13
BAGHDAD: A wave of apparently coordinated bombings and shootings rocked Iraq during a major Shiite religious commemoration yesterday, killing at least 72 people and wounding more than 250, many of them pilgrims. The attacks, which came as pilgrims flocked to a shrine to mark the anniversary of the death of Imam Musa Kadhim, a revered imam in Shiite Islam, were the deadliest in Iraq since Aug 15, 2011 when 74 people were killed. The targeting of Shiite pilgrims was a stark reminder of SunniShiite violence which tore Iraq apart in 2006-2007 and was condemned by parliament speaker Osama Al-Nujaifi, who termed it an attempt “to provoke sectarian strife”. Continued on Page 13
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Saudi king asked to lift ban on female driving RIYADH: Hundreds of people have petitioned Saudi King Abdullah to allow women to get behind the wheel on the first anniversary of the Women2Drive campaign launched in June 2011. The signatories, who numbered nearly 600 yesterday, are asking the king of the only country in the world that forbids women to drive to “encourage women who have obtained driving licences from neighbouring countries to begin driving whenever necessary.” They also called on the monarch to “establish driving schools for women and (begin) issuing licences”. Bin Laden son pitches for World Cup deals DOHA: A Qatari constructor, founded by a son of former Al-Qaeda leader Osama bin Laden, has bolstered its bid to win contracts ahead of the 2022 football World Cup by forming a joint venture with Spain’s Coprosa. Qatar Bin Laden Group will hold 51 percent of the new company, BC Group - to be based in Doha - and Coprosa 49 percent, chief executive Omar bin Laden told Reuters in an interview yesterday. Qatar Bin Laden Group was founded two years ago by Omar bin Laden, son of Osama bin Laden. Bahrain king warns over insults to army DUBAI: Bahrain’s King Hamad said yesterday he would not allow any more “insults” of the armed forces in the Gulf state in an apparent warning to leading Shiite opposition party Wefaq after criticisms it levelled earlier this week. “We have heard voices in recent days spreading hatred and abusing freedom of expression to the extent of insulting the Bahrain Defence Forces, and without doubt it is our duty not to allow this to be repeated,” the king said in a speech to senior military officers at their headquarters.
KUWAIT: Central Bank Governor Saad Al-Hashel yesterday refused to provide the National Assembly probe panel information or documents about former MPs who have been accused of receiving illegal funds into their bank accounts. Head of the committee MP Musallam AlBarrak regretted that the governor and his aides refused to provide the documents that the panel had demanded, saying they are not immune and their rejection is not in line with the constitution or the law. The panel was formed in mid-March by the Assembly to investigate allegations that around KD 100 million was illegally deposited into the accounts of 13 former MPs, a scandal that led to the resignation of former prime minister Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah last November. Barrak said Central Bank officials refused to provide the committee with the amount of cash deposited into the accounts of members of the previous Assembly and the Cabinet in addition to their close relatives without giving their names. The committee wanted to establish if the bank accounts of some former MPs had received huge illegal deposits. Barrak also said that the Central Bank refused to provide copies of the correspondence between the Central Bank and local banks regarding the illegal deposits. Last year, the public prosecution launched an investigation into the allegations and questioned 13 former MPs. They are all free on bail pending further investigation. Barrak accused the Central Bank governor of trying to protect those who violate the law, saying that the Continued on Page 13