Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Economy
 Print  Send This Page
Save Listen to this Article
Illegal trade thrives in the shadows   

Khaleej Times - 17 July, 2012

The dark alleys and street corners in Al Nahda 1 have turned into a hub of illegal activities these days and families say the area is becoming unsafe for them to reside.

The area near a well-known restaurant, a pharmacy and a supermarket is where the suspicious men gather. 'By 4pm, men gather in the alleys and give you dirty looks. We do not feel safe,' said several residents, who refuse to be identified for fear of reprisals from these men who sell banned tobacco products and phone call credits to people waiting in cars, taxis and vans.

Jigna S., a resident of the area, said the men would approach any car that slows down or stops in the area for a short time. 'They offer the people inside all sorts of banned items like gutka (chewing tobacco), betel leaves and supari (arecanut mix),' she said.

Workers of shops around the area said mobile phone recharging and cheap international calls are also on offer. 'You can see many men standing along a street and offering this service to people until 11pm,' they said.
 
Fitch affirms Ahli Bank IDR at 'A-'
Source : Gulf Times  
Date : 2013-05-15
Fitch Ratings has affirmed Ahli Bank’s long-term Issuer Default Rating (IDR) at ‘A-’ with a ‘stable outlook’. Fitch has also confirmed a ‘BBB-’ rating in respect of the bank’s financial...
'Alwaseeta not among QP firms planning IPO'
Source : Gulf Times  
Date : 2013-05-15
Performers during the rebranding of Qatar Intermediate Industries Holding Company as Alwaseeta at the Four Seasons yesterday....
QPI hopes to extend Centrica deal
Source : The Peninsula  
Date : 2013-05-15
Qatar Intermediate Industries holding Co Ltd (Qatar Holding), a subsidiary of Qatar Petroleum (QP), yesterday unveiled the company’s new identity ‘Qatar Intermediate Industries Co Ltd’ (‘Alwaseeta’ in Arabic), and...
Virgin among five bidders for Saudi telecom licences
Source : The Peninsula  
Date : 2013-05-15
Five companies have submitted applications for virtual telecom licences in Saudi Arabia including Virgin Mobile Middle East & Africa (VMMEA)....
Most Gulf bourses continue bull run
Source : The Peninsula  
Date : 2013-05-15
Markets in the UAE hit new multi-year highs yesterday, delaying an expected bout of profit-taking as upbeat earnings added fuel to the bullish sentiment, while Saudi Arabia and Egypt fell....
Zain KSA launches new BlackBerry Q10
Source : Saudi Gazette  
Date : 2013-05-15
Zain KSA launched the new Blackberry Q10 device in its flagships around the Kingdom. The device will be available along with Mazaya postpaid packages and Hala prepaid package for SR2,699....
Saudi real estate market attractive: Al-Kalali
Source : Saudi Gazette  
Date : 2013-05-15
The recent passage of the Real Estate Finance Law by the Saudi Arabian Monetary Agency seeks to ease the demand in the residential sector in the Kingdom....
Investcorp hosts knowledge sharing seminars
Source : Saudi Gazette  
Date : 2013-05-15
Investcorp Saudi Arabia Financial Investments Co. hosted a knowledge sharing seminar on ‘Investing in the Luxury Goods and Retail Industry' for its clients and industry experts in Riyadh and Jeddah....
4 honors for JCCI at 10th Pan Arab Awards
Source : Saudi Gazette  
Date : 2013-05-15
Jeddah Chamber of Commerce and Industry (JCCI) grabbed four awards at the 10th Pan Arab Web Awards Academy held recently at Burj Al Arab Hotel in Dubai....
Indians briefed on real estate investment
Source : Saudi Gazette  
Date : 2013-05-15
Indians from the southern state of Andhra Pradesh were briefed about the investment opportunities back home at a real estate property show here on Friday....
Unionists draw up action plan
Source : Gulf Daily News  
Date : 2013-05-15
Unionists at Gulf Air met yesterday to draw up a plan of action if Bahrain's national carrier resumes compulsory redundancies....
Health officials on virus alert
Source : Gulf Daily News  
Date : 2013-05-15
Health workers in Bahrain have been briefed on emergency procedures as a deadly Sars-like virus continues to spread in Saudi Arabia....
'Morphine Mafia' network may include doctors
Source : Gulf Daily News  
Date : 2013-05-15
A 'morphine mafia' involving doctors and other officials including 'well-known personalities' may be operating in Bahrain. As a result, police are stepping up investigations into the misuse of painkillers and...
Saudi Arabia's economy robust, says NCB Capital
Source : Saudi Gazette  
Date : 2013-05-15
NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, has published its 5th Annual Saudi Factbook, the most comprehensive analysis of the Saudi capital markets, its...
GBCORP net profit hits $1.8 million
Source : Gulf Daily News  
Date : 2013-05-15
Global Banking Corporation (GBCORP), the Sharia-compliant investment bank, has posted a net profit of $1.785 million for the first quarter of the year against $2.734m for the same period in...
Corporate culture 'plays vital role'
Source : Gulf Daily News  
Date : 2013-05-15
Corporate culture determines how things are done in an organisation and has a major influence on corporate performance....
Sukuk success
Source : Gulf Daily News  
Date : 2013-05-15
The Central Bank of Bahrain has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 220 per cent....
UGB's net gains hit $6.5 million
Source : Gulf Daily News  
Date : 2013-05-15
Bahrain-based United Gulf Bank (UGB) earned a net profit attributable to the shareholders of $6.5 million for the first quarter of this year, compared with $9.1m in the first three...
Firm awarded CBB licence
Source : Gulf Daily News  
Date : 2013-05-15
The Central Bank of Bahrain (CBB) has granted a licence to NextCare Holding to establish NextCare Bahrain in the kingdom....
Bank posts $3.2m profit
Source : Gulf Daily News  
Date : 2013-05-15
ABC Islamic Bank earned a net profit of $3.2 million for the first quarter of 2013 compared with $1.6m for the same period last year....
Total 413 Results in 21 Pages
  11 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.ae
Sun May 19, 2013| 09-رجب-1434هـ
Bombs against Iraqi Sunnis kill 49
40 percent surge likely in sale of diamond jewels in 2013
China seeks to boost Saudi Arabia ties: Xi
Qatari inflation seen near steady despite housing market pressure
Bahrain forces 'raid house of top cleric'
Mozambique, UAE sign air transport pact
Iran, IAEA to continue talks: Soltanieh
US removes Iraqi bank from Iran sanctions list
UN chief's SOS for Syria talks
GCC investments in digital education programs rising
Qaradawi upset over Palestinian leader's comment
Iran keen to boost bilateral trade with Bangladesh
Insurance for jobless Saudis to be tackled by Shoura
Market cap falls to SR 1.44 trillion
My doors are open, says Saudi Crown Prince
Kuwait participates in 37th oil conference in Indonesia
    Newspaper Editorials
Unhelpful actions to end the conflict
Syria's intractable crisis
More>>  
    Opinions
The Syrian Zarqawi and Iranian Rowdiness
Erdogan and Obama: Best friends no more
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    Reports
US Goals and Strategies toward the Arab World
US-Iranian competition: The Gulf military balance - II
More>>  
    Bank Reports
GCC Central Banks Digest - March 2013 - Update
Saudi Chartbook - May 2013
More>>  
    GRC Analysis
Building a Strong Saudi-Japan Relationship
Poor Gulf: Inequality and the Lack of Statistics
Whither GCC-US Relations?
    GRC Commentary
On Relations between Rulers and Citizens: The Need for a New Social/Political Contract in the GCC States
Key Issue Facing the Saudi Ruling House.
    GRC Book Review
Beyond Regionalism? Regional Cooperation, Regionalism and Regionalization in the Middle East
India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration.
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
Asia-Gulf Economic Relations in the 21st Century: The Local to Global Transformation
Assessment of the Security Situation in Iran, Iraq, Yemen, Syria and the Arab Gulf States
China in the Eyes of the Saudi Media
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:0  |   49-- 49 Middle Page :0  --   | Right : 49 - 49--en--sess-enreq-en-coming