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Wednesday 17 August 2005 (12 Rajab 1426)

Random Fatwas Confounding Markets, Slowing Economy
Arab News
RIYADH, 17 August 2005 — As Saudis seek Shariah-compliant investment opportunities, the issuance of religious rulings, or fatwas, from various levels is creating confusion in financial markets and...  Full Story 
 
 
SR2 Billion Company to Set Up Universities
P.K. Abdul Ghafour, Arab News
JEDDAH, 17 August 2005 — In a significant first, a group of Saudi investors plan to establish a joint stock company with a capital of SR2 billion ($533 million) in order to set up advanced private...  Full Story 
 
 
Riyadh Eyes Venezuelan Model to Tackle Poverty
Javid Hassan, Arab News
RIYADH, 17 August 2005 — The Kingdom has shown interest in seeking Venezuela’s cooperation in formulating a strategy for poverty alleviation using the Latin American nation’s experience in social welfare...  Full Story 
 
 
Colored Wristbandwagon Rolling Past Charities
Maryam Yamani, Arab News
JEDDAH, 17 August 2005 — Colored wristbands originally designed as a way to raise charitable contributions and give the wearers the chance to make a statement instead are contributing to the makers...  Full Story 
Abdullah to Stay On as SEC Chairman
P.K. Abdul Ghafour, Arab News
JEDDAH, 17 August 2005 — Custodian of the Two Holy Mosques King Abdullah will continue as chairman of the Supreme Economic Council (SEC), a high-level policy making body that oversees the Kingdom’s...  Full Story 
 
 
The Tipping Point in Iraq
Fawaz Turki, disinherited@yahoo.com
The tipping point in the American public’s support for the Iraq war may already be here, its arrival accelerated by an unlikely figure: A middle-aged, middle-class, middle-brow American woman whose...  Full Story 
 
 
What the Disengagement Is Not
Ramzy Baroud, Aljazeera.net English.
It is rather peculiar how the Palestinian Authority opted to get engaged in a process that was solely aimed at excluding it, and how the debate has completely shifted from Israel’s real motives to...  Full Story 
 
 
Editorial: Air Travel Safety
17 August 2005
The crashes within a week of two passenger aircraft belonging to small airlines raise concerns that economic pressures on low-cost operators force some into dangerous compromises on the maintenance...  Full Story 

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