Tag Archive: Gulf Land of Wealth

July 1, 2013

SHARJAH, United Arab Emirates, July 1 (UPI) — A natural gas discovery in the Egyptian Nile Delta adds to a growing footprint in the country, Emirati energy company Dana Gas said.

Dana Gas said it encountered a 50-foot natural gas column while drilling in its Begonia-1 well in the West el-Manzala concession in the Nile Delta.

The company said its initial testing of the well yielded 9.4 million cubic feet of natural gas and the low estimate of the reserve potential was 7 billion cubic feet.

Dana said it notified the Egyptian government of the commercial development and is preparing to follow up later with development plans for the discovery.

Patrick Allman-Ward, regional general manager for Dana, said Sunday the company plans to drill two more appraisal wells in the discovery area before the end of the year.

Dana Gas and Italian energy company Eni won an Egyptian auction in April for the North el-Arish reserve area in about 3,200 feet of water offshore from the Nile Delta.

Egypt has struggled to revitalize its energy sector following the 2011 revolution. Energy woes have contributed to growing frustration with Egyptian President Mohamed Morsi.

Source: United Press International (UPI).

Link: http://www.upi.com/Business_News/Energy-Resources/2013/07/01/Emirati-company-finds-more-gas-in-Egypt/UPI-50731372677022/.

By Salma Awwad

Thursday, 27 June 2013

Tickets for the FIFA U-17 World Cup UAE 2013, which will be the biggest football event ever staged in the Middle East when it begins on October 17, went on sale on Thursday, officials said.

The fifteenth FIFA U-17 World Cup, which takes place from October 17 to November 8, is the largest football event ever held in the emirates and one of the world’s biggest international tournaments.

This is first year the UAE has won the bid to host the event, after the United States failed to qualify, despite appearing in all fourteen previous tournaments.

This biennial FIFA tournament has catapulted many of today’s football stars to fame, such as Ronaldinho from Brazil, Luis Figo from Portugal and Italy’s Del Piero.

“I am looking forward to seeing huge support for the tournament across the UAE. Fans around the world should secure their match tickets and get behind their team! This tournament has been the birthplace for many of the legends we see in the game today, so we can definitely expect to see some spectacular football,” said Emirati footballer Omar Abdulrahman, who was named ‘Player of the Year’ at the recent end of season awards and has been appointed the official tournament ambassador.

“This is a region that is crazy about football and with the best 24 U-17 teams in the world finally coming together to compete for the trophy, I am confident that tickets will sell fast,” said the 21-year old player.

Less than four months are left until the first day of 52 matches begins.

The tournament will be played across five of the Emirates of the UAE, over a three week period in six of the UAE’s top stadiums – Mohammed Bin Zayed Stadium in Abu Dhabi, Emirates Stadium in Ras Al Khaimah, Fujairah Stadium in Fujairah, Sharjah Stadium in Sharjah, Rashid Stadium in Dubai and Khalifa Bin Zayed Stadium, Al Ain.

FIFA U-17 World Cup UAE 2013 Qualified Nations are: Japan, Iran, Iraq, Uzbekistan, UAE, Ivory Coast, Morocco, Nigeria, Tunisia, Russia, Italy, Sweden, Slovakia, Austria, Croatia, Canada, Honduras, Panama, Mexico, New Zealand, Argentina, Brazil, Venezuela and Uruguay.

Dubai has committed to hosting various youth events in the future including the fourth International Swimming Federation (FINA) world junior swimming competition in August this year and the 2014 men’s Under-17 Basketball World Championship (FIBA).

Tickets can be bought on FIFA’s official website and start from AED35 ($9.52). The FIFA U-17 world Cup UAE 2013 Official Draw will take place on August 26, when single match tickets will also go on sale.

Source: Arabian Business.

Link: http://www.arabianbusiness.com/tickets-go-on-sale-for-uae-s-fifa-u-17-world-cup-506646.html.

Friday 21 June 2013

Dubai has added a new item to its top ambitions such as building the world’s largest Ferris wheel and bidding for an Angry Birds theme park — a site honoring the Holy Qur’an.

The estimated $7.3 million project will include a garden with plants mentioned in the holy book and an air-conditioned tunnel depicting events from the Qur’an.

The park should be ready in September 2014, reports said. It will be in Al-Khawaneej and, according to Dubai Municipality, it has been specially designed in the Islamic perspective to introduce the miracles of Qur’an through a variety of surprises for the visitors.

The park will include all available plants mentioned in the Qur’an, along with facilities such as main entrance, administration building, Islamic garden, play areas, Umrah corner, outside theater, areas for miracles of the Qur’an, fountains, bathrooms, desert garden and palm oasis. It will also have a lake, running track, cycling track and sandy walking track.

Source: Arab News.

Link: http://www.arabnews.com/news/455714.