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July 2007
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Hotelier Middle East
July 2007

Arabian Business Arabic
July 2007

Construction Week
July 2007

Arabian Business English
July 2007
 
Analysis of The Month
July can be deemed 'Salik Fallout' month - the impact on Dubai of having to pay the road toll, the first example of direct taxation in the Emirate. ArabianBusiness.com Editor-in-Chief James Bennett dealt with the topic in 'Why we should never forget July 1' and the question was posed, 'Is Salik highway robbery?'

The month opened with 'Money Money Money', where Arabian Business accessed the World Wealth Report to reveal that there are more millionaire than ever in the Middle East.

Mohammed Al Hashimi, CEO of Zabeel Investments, was also interviewed in the month about why he was still keen for the UAE investment vehicle to gun for a soccer club in 'Sporting Chance'.

Saudi 2010 gave Arabian Business the opportunity to delve into how Saudi Arabia aims to transform itself from the earth's oil capital to be one of the world's 10 most competitive countries in the world.

July came to a close with Merger Mania, examining where the Arab banking titans might strike for a buyout next.
July in Quotes
You asked why the iPhone does not have a removable battery. With up to eight hours of talk time, six hours of internet use, seven hours of video playback, 24 hours of audio playback and 10 days of standby time, iPhone's battery life is longer than any other smartphone.

Apple's official explanation on why the iPhone battery must be replaced at the company's service centre.
July's Special Reports
Burj Dubai: history rising
Construction & Industry

Timeline
2007 Jul 2
Iran's President Mahmoud Ahmadinejad inaugurated an English-language satellite television channel to counter what he claims is the West's influence in covering news.

2007 Jul 2
In Yemen a suicide bomber plowed his car into people visiting a temple linked to the ancient Queen of Sheba, killing seven Spaniards and two Yemenis. A wounded Spanish woman died July 14. The suicide bomber was later identified as Abdu Mohammed Saad Ahmed (21), a Yemeni citizen.

2007 Jul 3
Venezuela's energy minister said in newly published comments that Venezuela has agreed to sell gasoline to Iran.

2007 Jul 3
Iran's leading reformist daily newspaper was ordered closed, less than two months after it was allowed to resume publishing.

2007 Jul 6
Turkey's foreign minister said his government and military have agreed on plans for a possible cross-border operation against Kurdish rebels based in northern Iraq.

2007 Jul 7
A global poll picked the Great Wall of China, Rome's Colosseum, India's Taj Mahal, Peru's Macchu Picchu, Jordan's Petra, Brazil's Statue of Christ Redeemer and Mexico's Chichen Itza pyramid as the new seven wonders of the world. The campaign to name the new wonders was launched in 1999 by the Swiss adventurer Bernard Weber.

2007 Jul 8
Iran's state TV said 4 fuel-smuggling trucks crashed into each other and caught fire in southeastern Iran, killing 13 people.

2007 Jul 11
Jordan's military court convicted and sentenced two militants to prison with hard labor for plotting to attack Americans living in the kingdom.

2007 Jul 11

Turkey's ambassador to Washington said that US weapons have been turning up in the hands of Kurdish guerrillas staging attacks in Turkey.

2007 Jul 13
In northern Iran at least 18 people were killed and 24 others injured in a road accident when a truck slammed into a bus full passengers.

2007 Jul 13
In north Lebanon Islamic militants fired back volleys of rockets at the Lebanese army as troops pounded the remaining suspected hideouts of the Fatah Islam fighters holed up in a Palestinian refugee camp.

2007 Jul 13
The International Atomic Energy Agency said Iran has agreed to answer lingering questions about its nuclear experiments and will let UN inspectors return to a plutonium-producing reactor it is building.

2007 Jul 13
Andrew Natsios, the US envoy to Sudan, accused the country's government of resuming bombing civilian positions in its troubled Darfur region, and warned of a "disturbing" trend of Arab groups resettling in the area.

2007 Jul 14
Lebanon's political factions including the pro-Syrian opposition Hezbollah began two days of talks in France to try to ease the deadlock paralyzing the nation.

2007 Jul 14
Egyptian police said authorities have arrested 35 men suspected of membership in an al-Qaida- inspired group that planned to carry out attacks in Egypt.

2007 Jul 14
Alexandre Robert (15), a French-Swiss youth, was raped by 3 UAR nationals in Dubai. The case went to court in November. On Dec 12 a panel of judges sentenced two Emirati men to 15 years in prison each in connection with a kidnapping and sexual attack on the French-Swiss boy.

2007 Jul 15
Militants holed up in a Palestinian refugee camp in north Lebanon fired more rockets that landed in farm fields outside the camp as the army bombarded suspected hideouts inside the besieged settlement. Politicians from Lebanon's divided factions held a second day of talks in France to try to ease 8 months of deadlock.

2007 Jul 15
The Los Angeles Times reported that about 45 percent of all foreign militants targeting US troops and Iraqi security forces were from Saudi Arabia, 15 percent from Syria and Lebanon, and 10 percent from North Africa.

2007 Jul 16
In northern Lebanon fierce fighting erupted at a besieged Palestinian refugee camp as army troops pounded the remaining hideouts of al-Qaida-inspired militants holed up inside with artillery and tank fire.

2007 Jul 16
A court in Iran sentenced Adnan Hassanpour (27), a journalist for the closed Kurdish-Persian weekly, to death on charges of endangering national security and propaganda against the state. Abdolvahed "Hiva" Botimar (29) was also sentenced to death by a revolutionary tribunal in Marivan.

2007 Jul 17
Syria's Pres. Bashar Assad was sworn in for a 2nd, seven-year term in office.

2007 Jul 18
The Iraqi government said Turkish artillery and warplanes bombarded areas of northern Iraq and called on Turkey to stop military operations and resolve the conflict diplomatically.

2007 Jul 19
About 2,000 people protested at the border terminal between Egypt and the Gaza Strip, demanding the crossing be opened to allow thousands of Palestinians trapped in Egypt to return.

2007 Jul 19
An armed group killed 11 members of Iran's elite Revolutionary Guard in clashes in the country's lawless southeast. A report said the Guards clashed with drug traffickers in a mountainous area near Iran's borders with Pakistan and Afghanistan and killed four of them.

2007 Jul 20
Lebanon's army used loudspeakers to urge Islamic extremists inside a Palestinian refugee camp in northern Lebanon to surrender, as sporadic fighting continued.

2007 Jul 21
Developers of the Burj Dubai, a 1,680-foot skyscraper still under construction in oil-rich Dubai, claimed that it has become the world's tallest building, surpassing Taiwan's Taipei 101 which has dominated the global skyline at 1,667 feet since 2004.

2007 Jul 21
In northern Syria 2 buses collided head-on, killing 20 people and wounding 50.

2007 Jul 22
Army Maj. Gen. Benjamin Mixon, the commander of US forces in northern Iraq, said he has proposed reducing his troop levels and shifting next year to missions focused less on direct combat.

2007 Jul 22
In northern Lebanon 3 Lebanese soldiers were killed in sporadic fighting with al-Qaida-inspired Islamic militants barricaded in a Palestinian refugee camp.

2007 Jul 25
Tony Blair held talks on with the crown prince of Bahrain on his first regional tour as an international envoy for Middle East peace.

2007 Jul 25
Iraq's largest Sunni Arab bloc said it has suspended its membership in PM Nouri al-Maliki's coalition government, dealing a new setback to the Shiite leader's efforts to achieve national reconciliation.

2007 Jul 25
The foreign ministers of Egypt and Jordan, delegated by the 22-member Arab League, began a historic visit to Israel to formally present an Arab peace plan, saying they were extending "a hand of peace" on behalf of the region.

2007 Jul 25
Lebanese army troops unleashed barrages of artillery and tank shells at Islamic militants in a Palestinian refugee camp in northern Lebanon.

2007 Jul 26
Jordan pleaded for international help to deal with hundreds of thousands of Iraqis who have fled here to avoid the violence at home, saying they cost the kingdom $1 billion a year in basic services.

2007 Jul 26
In northern Syria an explosion at an ordnance depot that was blamed on summer heat killed at least 15 soldiers and wounded 50 others.

2007 Jul 27
Pakistan's Pres. Musharraf held secret talks in Abu Dhabi with former PM Benazir Bhutto.

2007 Jul 27
Sudan said it would appeal a US ruling ordering it to pay $7.9 million in compensation to the families of the 17 sailors killed in the October 2000 bombing of the USS Cole in Yemen.

2007 Jul 28
Palestinian officials said Israel has agreed to allow at least 627 Palestinians who have been stranded in Egypt for weeks to pass into the Gaza Strip.

2007 Jul 29
Iraqi authorities announced a ban on vehicles and celebratory gunfire around Baghdad in an effort to prevent a repeat of violence that killed dozens celebrating Iraq's progress to the finals of Asia's top soccer tournament.

2007 Jul 29
Dilip Ganguly (b.1949), journalist, died, died in Calcutta. His 21-year career at The Associated Press saw him report from Baghdad during the Gulf War, on the aftermath of the Rwandan genocide and on stories across South Asia.

2007 Jul 30
UN inspectors visited a nuclear reactor being built in central Iran, a facility that has been off-limits since April. Iran's foreign ministry spokesman criticized a US plan to sell state-of-the-art weapons to Saudi Arabia.

2007 Jul 30
In northern Lebanon the army unleashed tank and artillery fire on the remaining hideouts of al-Qaida-inspired militants holed up in a Palestinian refugee camp.

2007 Jul 30
Ayatollah Ali Meshkini (85), a founding member of Iran's Islamic regime and leader of an important government assembly, died.

2007 Jul 31
In Egypt US Sec. of State Rice and Defense Secretary Robert Gates made a joint show of diplomatic force during two days of meetings with Arab allies, part of an 11th-hour effort to rally diplomatic and practical help for the US-backed Shiite-led government in Baghdad. The tour opened talks on a proposed US arms package for Arab states worth more than $20 billion. US officials extended a 10-year pledge to continue $1.3 billion in annual aid to Egypt's military. Military aid to Israel was raised to $3 billion. Weapons sales to Saudi Arabia and 5 smaller monarchies was said to be $20 billion. Total US military aid to the region over the next decade amounted to $63 billion.

2007 Jul 31
Pro-government and independent candidates swept local elections in Jordan, including the first-ever vote for city mayors. The Islamist main opposition group withdrew from Jordan's first mayoral elections and accused the government of fraud.
July 2007
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Comments (6)

Fundamental errors
Posted by James, Dubai, UAE on 26 January 2008 at 12:49 UAE time

Try - sent the US dollar to a 17 year LOW, not high. And the Ruppee is worth far MORE than it was 12 months ago.

By the way being proud of the chaos that ensued following your stroy on the dollar depeg is nothing to be proud of, if that what your implying happened.

HSBC and other major banks were profiteering in the aftermath buying dollars at 3.40 and selling at 3.69? Best of both worlds for them? Or just covering themselves? But a disaster for everyday businesses and people who were stuck with dollars and debts in dirhams... all on the back of mere speculation - go the market economy?!?. The banking industry - along with Arabian Business should be ashamed.
Review 2007
Posted by N. A. Mirza, Jeddah, Saudi Arabia on 31 December 2007 at 17:39 UAE time

Looks sound and indeed worth preserving. December Timeline should have stories on the most peaceful and accident free Haj, BJP's history-making victory in India's western state of Gujrat and above all assassination of Benazir Bhutto. An analysis on King Abdullah's sincere peace efforts was a must.

Editor's reply: December's timeline will be updated with the happenings of the last two weeks of December shortly.
BEST AND WORST NEWS OF 2007!
Posted by RAJENDRA ANEJA, DUBAI, UAE on 27 December 2007 at 11:50 UAE time

Best news:

1. Some peace in Iraq and refugee return.
2. More focus on climate
3. Dialogue between Bush, Putin
4. No war with Iran
5. Talks between Israel, Palesine
6. Shakira going to study at a university


Worst news:

1. Continuation of world poverty
2. No cure for Aids, cancer
3. Human rights violations and beating of monk in Burma
4. Inflation across the word, including Gulf.
5. Instability in India, Pakistan.
6. I have not become a movie-star (the pay is better, than that in management).
REVIEW 2007: PROFITS AND SOUL
Posted by RAJENDRA ANEJA, DUBAI, UAE on 26 December 2007 at 17:04 UAE time

The review writtn by Mr James Bennett, is sound, pithy and covers all key issues. Congratulations for this excellent encapsulation.

I hope 2008, will be a more enlightened year for the Gulf and for all of us. Let us hope, we realise that money is important, but without good HR practices, there can be no profits in the long run.

And as the Bible preaches, "What does it profit a man to gain the whole world, at the loss of his own soul."
Brilliant
Posted by Frank Dane, Dubai, United Arab Emirates on 26 December 2007 at 11:26 UAE time

That is one of the best Year in Reviews I have seen. Really polished - especially on the later months - October to December. I love it. Thank you - another great reference site, and hugely entertaining as well.
Pressure mounts on last female minister to quit
Posted by Adam, Kuwait, Kuwait on 25 December 2007 at 08:53 UAE time

The Kuwait government needs to get a life.. The men in parliament cannot handle a women minister. I admire her and for what she is doing and putting all these silly men to shame.. Wake up guys...
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