16th Sep

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CR IP TI ON BS SU

MONDAY, SEPTEMBER 16, 2013

100 Philippine rebels killed or captured

No end in sight for plight of injured Indian

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NO: 15930

150 FILS

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www.kuwaittimes.net

THULQADA 10, 1434 AH

Flydubai eyes fleet expansion

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Masterful Mayweather defeats Alvarez

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Russia doesn’t share US values in Syria: Obama Kerry says war threat remains real as Assad basks in glory

58 killed in wave of Iraq bombings

BASRA: Iraqi security forces inspect the site of a car bomb attack in Basra, 340 miles (550 kilometers) southeast of Baghdad yesterday. A new wave of insurgent attacks, mostly car bombs targeting Shiite-dominated cities in central and southern Iraq, killed and wounded scores of people, officials said. —AP

Saudi prince not to sell Twitter stake DUBAI: Saudi billionaire Prince Alwaleed bin Talal says he will not sell any of his shares in microblogging site Twitter Inc when it goes public, and expects the firm’s IPO to hit the market later this year or in early 2014. The prince, a nephew of Saudi Arabia’s King Abdullah and owner of international investment firm Kingdom Holding , invested $300 million in the social media giant in late 2011. “Clearly the speed they’re moving with shows that they would like to IPO sooner than later. I believe it will happen either this year or early next year,” Alwaleed told Reuters in a telephone interview yesterday. “Twitter is a very strategic investment for us. We believe that it is just beginning to touch the surface. We have invested $300 million in the company. We will be selling zero, nothing, at the IPO.” He did not say whether he might buy new shares in the offer. Alwaleed is a closely watched figure in international markets because of successful investments through Kingdom Holding in companies such as Citigroup and Rupert Murdoch’s News Corp. Twitter has filed for an initial public offer of shares with U.S. regulators, the company said on Thursday, taking a first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s listing last year. “With the 300 million customers they have and half a billion tweets a day, the growth potential is tremendous,” Alwaleed said. He said Chief Executive Dick Costolo was “very knowledgeable, very much trustworthy”. The market expects the company’s value once listed to be more than $10 billion; Alwaleed sees potential for a much higher valuation. “We hear that the company is valued at

$14 billion-$15 billion but there have been trades above this valuation. We believe it might be worth more than that.” Facebook’s rocky 2012 debut and subsequent share-price plunge chilled the consumer-dotcom IPO market for a year. The stock clawed its way back to its $38 IPO price in July, however, and is now at a record high after touching $45 this week. Alwaleed wouldn’t comment on whether Twitter would choose to list on the New York Stock Exchange in order to avoid Facebook’s disappointing experience on Nasdaq. But the prince said: “In my discussion with Mr Costolo and the management of Twitter, I cautioned them to be very careful and not to repeat the mistakes of Facebook. “The lessons are not to brag too much, don’t be greedy - I mean price it right and be realistic.” He added, “There could be a good surprise for the market, where Twitter revenues coming from mobile compared to fixed devices are way ahead of what Facebook came with at the time of the IPO.” By transmitting news and opinion, social media such as Twitter played a big role in mass protests that have led to the ousting of Arab rulers in Tunisia, Egypt, Libya and Yemen since 2011. Saudi Arabia, where Twitter use has been growing rapidly, has spent billions of dollars on welfare schemes to contain discontent and avoid unrest. Alwaleed said on Sunday, “There is no doubt that Twitter accelerated the process of disseminating news. It has to remain an open forum for everyone.” He added, “I’m totally against anybody who tries to control or censor Twitter or any other social media, even if it is governments. It’s a losing war.” — Reuters

BAGHDAD: A wave of car bombings and other attacks in Iraq killed at least 58 people in mostly Shiite-majority cities yesterday, another bloody reminder of the government’s failure to stem the surge of violence that is feeding sectarian tensions. Iraq is experiencing its deadliest bout of violence since 2008, raising fears the country is returning to a period of widespread killing such as that which pushed it to the brink of civil war following the 2003 US-led invasion. More than 4,000 people have been killed in attacks since the start of April, including 804 just in August, according to United Nations figures. Yesterday’s deadliest attack was in the city of Hillah, 95 kilometers (60 miles) south of Baghdad, where a car bomb near an outdoor market killed nine civilians and wounded 15 others, a police officer said. A few minutes later, another car bomb went off nearby, killing six civilians and wounding 14, he added. In the nearby town of Iskandariyah, 50 kilometers (30 miles) south of the capital, another car bomb hit a parking lot, killing four civilians and wounding nine, police said. Another car bomb went off in an industrial area of the Shiite city of Karbala, killing five and wounding 25, a police officer said. Karbala is 80 kilometers (50 miles) south of Baghdad. In the aftermath, security officials inspected burnt-out cars in front of what appeared to be a smashed row of workshops. Continued on Page 15

WASHINGTON: President Barack Obama says a USRussian agreement offers a chance to destroy Syria’s stockpile of chemical weapons and promises to end the threat they pose to Syrians and the world. But the two powers are divided over the fate of Syrian President Bashar Assad. Obama, speaking in a television interview taped before Saturday’s announcement of the chemical weapons deal, said Russian President Vladimir Putin is “protecting” Assad and doesn’t share American “values” in Syria. “He has a different attitude about the Assad regime,” Obama told ABC’s “This Week.” “But what I’ve also said to him directly is that we both have an interest in preventing chaos, we both have an interest in preventing terrorism. The situation in Syria right now is untenable. Continued on Page 15

WASHINGTON: In this image from video pre-taped at the White House in Washington for yesterday morning’s ABC’s “This Week,” President Barack Obama answers questions.— AP

AL hails US-Russia deal Saudis to vie for Oscars first time RIYADH: Saudi Arabia, where cinemas are banned, is to compete for an Oscar for the first time next year with feminist film “Wadjda” directed by Haifaa Al-Mansour, a Saudi official announced yesterday. The movie tells of a young girl’s quest to own a bicycle in the ultra-conservative Muslim kingdom where women are deprived of many rights, among them driving. “Wadjda will represent Saudi Arabia at the Oscars, competing for the best foreign-language film, in a first for the kingdom,” Sultan al-Bazie, who heads the Saudi Arabian Society for Culture and Arts, said. The decision follows “the success which the film and its director have achieved at several international festivals,” he said. Directed by Saudi Arabia’s first female filmmaker and shot entirely in the Gulf state, the film won best Arabic feature award at the Dubai Film Festival last year and picked up an award in Cannes in March. “Wadjda” was co-produced by Germany’s Razor Film and several Saudi companies, including Rotana Studios which is linked to a member of the royal family. But the film, first released in France, will only be seen in the kingdom on DVD or on television. Mansour has said she was forced to direct what is her first feature film from a van with a walkie-talkie in some of the more conservative districts where she could not be seen in public together with male crew and cast members. In certain areas, screaming local residents would obstruct shooting altogether. Women in Saudi Arabia cannot travel abroad or appear without a guardian in public places where males and females mix. The kingdom remains the only country where women are banned from driving. They must also cover from head to toe when in public, among other restrictions. In April, local media reported that religious authorities have allowed Saudi women to cycle on condition that a male relative or guardian is present with them while they ride. They must also wear a long traditional black abaya cloak. — AFP

Bahrain jails 3 Shiites for bid to kill police

MANAMA: A Bahraini man holds a portrait of Mohammed Abdul Jalil during a demonstration against his death in the village of Daih west of Manama yesterday. — AFP

Max 44º Min 24º High Tide 07:52 & 22:12 Low Tide 02:07 & 15:42

DUBAI: A Bahraini court jailed yesterday three Shiite Muslims for 10 years each after convicting them of attempting to kill police officers during anti-government protests, lawyers said. The trio, Jaafar Ali, Hussain Mansur and Mustafa Abdulkarim, had been charged of attempting to kill three policemen “with premeditation” on February 16, in the Shiite village of Karzakan, southwest of Manama. The public prosecution had also accused the men of “possessing homemade shotguns, as well as employing violence against police, and participating in an unauthorized protest.”

They opened fire on police as security forces were dispersing a protest in the Shiite village, the prosecution said. Bahrain was rocked by Shiite-dominated demonstrations in February and March 2011. Home to the US Fifth Fleet and strategically situated across the Gulf from Iran, Bahrain still sees sporadic Shiite-led demonstrations, mostly outside the capital Manama. According to the International Federation for Human Rights, around 80 people have been killed in Bahrain since the violence first broke out in 2011. — AFP

CAIRO: Arab League chief Nabil Al-Arabi yesterday welcomed a US-Russian deal to remove Syria’s chemical weapons, calling it “a step closer to a political solution” to the conflict. In a statement, Arabi said the deal would “contribute to providing better conditions for the Geneva II conference and help achieve a political solution to the Syrian crisis”. On Saturday, US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov announced an agreement to eliminate Syria’s chemical arms stockpile, after three days of talks in Geneva. The deal has given fresh hope to the long-delayed Geneva II peace conference for Syria. The ambitious plan to dismantle and destroy Syria’s chemical arms stockpile one of the largest in the world-gives Syrian President Bashar Al-Assad a week to hand over details of his regime’s arsenal of the internation-

ally banned arms in order to avert unspecified sanctions and the threat of US-led military strikes. It also specifies there must be immediate access for arms control experts and that inspections of what the US says is some 45 sites linked to the Syrian chemical weapons program must be completed by November. The Arab League, which suspended Syria and replaced it with the main opposition coalition, had slammed the Syrian regime’s alleged chemical attack as having crossed a “global red line”. Arabi called on “all parties of influence to take responsibility through the UN Security Council to ensure a comprehensive ceasefire” and allow access to humanitarian and medical aid, he said. The conflict in Syria has killed more than 110,000 people since it began in March 2011 with peaceful protests that led to an armed uprising. — AFP

ALEPPO: A tank is reflected on the sunglasses of a rebel fighter during a ceremony to mark an agreement to unite the forces Liwad Al-Tawid and Liwad Al- Fatah brigades at a former military academy north of Aleppo. — AFP

Two bystanders hurt in Manhattan firing NEW YORK: Two police officers fired on a man who was acting erratically and dodging cars on a busy Manhattan street Saturday night, wounding two bystanders and sending people running for cover, authorities said. Police said the man made movements suggesting he had a weapon, though he turned out to be unarmed. The officers’ shots missed him, and he was eventually brought down by a stun gun. Authorities identified the man as Glenn Broadnax, 35, of Brooklyn. He faces multiple counts including menacing, riot, criminal possession of a controlled substance, and resisting arrest. He

was in custody, and The Associated Press couldn’t locate a phone listing for his home. The encounter happened just before 10 pm near the Port Authority Bus Terminal, a block away from Times Square. Officers saw a man on foot weaving through traffic and sometimes blocking vehicles. “It appeared he wanted to be struck by cars,” Police Commissioner Raymond Kelly said at an early morning news conference. As officers approached, police said, the man reached into his pocket as if grabbing a weapon, and two officers fired a total of three shots. — AP


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