Daily Archives: December 6, 2015

Renault and France at loggerheads as board clash looms

PARIS, Safar 24, 1437, Dec 6, 2015, SPA — Renault is drawing up proposals to relinquish some power over alliance partner Nissan, sources said, and will on Monday begin shoring up boardroom support in the final days before a likely clash with the French government, Reuters reported.

Renault remains on collision course with France, its biggest shareholder, in a dispute that erupted in April when Economy Minister Emmanuel Macron raised the government’s stake in the carmaker to secure double voting rights.
— SPA
21:54 LOCAL TIME 18:54 GMT

Platini hopeful new document can clear his name at FIFA

PARIS, Safar 24, 1437, Dec 6, 2015, SPA — Michel Platini is hopeful that a new memo allegedly showing a payment agreement with suspended FIFA boss Sepp Blatter will clear his name in a corruption case and re-ignite the Frenchman’s bid to become the next president of world soccer’s governing body, AP reported.
Facing a possible life ban for corruption, the suspended UEFA president was charged over a controversial $2 million payment from FIFA in 2011 that Blatter said he approved as backdated salary for work by Platini as a presidential adviser from 1998-2002.
Platini’s communication team claimed Sunday that a 23-page memo they obtained earlier this week shows that UEFA’s executive committee was aware of a deal with Blatter as early as November 1998.
— SPA
21:47 LOCAL TIME 18:47 GMT

Spanish Primer Division results and standings

Madrid, Safar 24, 1437, Dec 6, 2015, SPA — Results and standings Spanish Primera Division (kick-off times in GMT), according to dpa:

Matchday 14:

Saturday, December 5:
Real Madrid 4 Getafe 1
Granada 0 Atletico Madrid 2
Valencia 1 Barcelona 1
Deportivo La 1 Sevilla 1
Coruna
Real Betis 1 Celta Vigo 1

Sunday, December 6:
Real Sociedad 2 Eibar 1
Villarreal Rayo Vallecano 1500
Gijon Las Palmas 1715
Athletic Bilbao Malaga 1930

Monday, December 7:
Espanyol Levante 1930

P W D L F A Pts
1 Barcelona 14 11 1 2 34 13 34
2 Atletico Madrid 14 10 2 2 20 6 32
3 Real Madrid 14 9 3 2 32 12 30
4 Celta Vigo 14 7 4 3 25 22 25
5 Deportivo La 14 5 7 2 21 14 22
Coruna
6 Villarreal 13 6 3 4 16 14 21
7 Valencia 14 5 5 4 18 11 20
8 Athletic Bilbao 13 6 2 5 21 16 20
9 Eibar 14 5 5 4 18 16 20
10 Sevilla 14 5 4 5 19 19 19
11 Real Betis 14 5 4 5 13 18 19
12 Espanyol 13 5 1 7 14 24 16
13 Real Sociedad 14 4 3 7 16 19 15
14 Getafe 14 4 2 8 15 23 14
15 Rayo Vallecano 13 4 2 7 14 23 14
16 Gijon 13 3 3 7 12 20 12
17 Granada 14 2 5 7 15 24 11
18 Malaga 13 2 4 7 7 13 10
19 Las Palmas 13 2 4 7 10 19 10
20 Levante 13 2 4 7 10 24 10
–SPA
21:13 LOCAL TIME 18:13 GMT

Kuwait Stock Exchange closes mixed

KUWAIT, Safar 24, 1437, December 06, 2015, SPA — Kuwait Stock Exchange (KSE) closed Sunday’s session with the price index moving up by 3.15 to the level of 5,791 points but the weighted index and Kuwait-15 moved down, respectively losing 1.31 and 5.92 points.
Value of traded shares amounted to KD 10.8, while volume of exchanged stocks reached some 117 million, done in 2,711 deals.
–SPA
14:06 LOCAL TIME 11:06 GMT

Chairman of Royal Commission for Jubail and Yanbu receives Ambassadors of Finland and Greece

Riyadh, Safar 24, 1437,December 06, 2015,SPA –Prince Saud bin Abdullah bin Thunayan, the Chairman of Royal Commission for Jubail and Yanbu received separately at his office in Riyadh today Finland’s ambassador to the Kingdom Pekka Voutilainen and Ambassador of the Republic of Greece Polychronis Polychroniou.
During the meetings, they discussed ways of enhancing joint cooperation between the Commission and the two sides, stressing the importance of strengthening economic ties between the Kingdom and the two countries.
–SPA
13:56 LOCAL TIME 10:56 GMT

Agriculture Minister opens Nadec Company's Farm

Riyadh, 24 Safar 1437 AH, December 6, 2015, SPA — The Minister of Agriculture Engineer Abdulrahman bin Abdulmohsen Al-Fadhli, confirmed that the dairy industry in the Kingdom is one of the best in the world.
This came during his opening yesterday “Al-Hazem” farm project of Nadec company in Haradh specializing in breeding cattle and producing milk.
The Minister of Agriculture expressed his pride of the high level of the dairy industry in the Kingdom with the support of the Government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud with the partnership of businessmen, pointing out that Nadec’s project in Haradh is one of the most important project in the field of high-quality food products of agricultural installations that contribute to food security.
He said that the agricultural sector contributes 2% Gross Domestic Product of the Kingdom, urging investors to take advantage of the opportunities that exist in the agricultural sector such as fish, greenhouses and poultry as they are not among projects that consume water.
— SPA
13:44 LOCAL TIME 10:44 GMT

“Messengers of Peace” perform 639 million service hours around the world

Riyadh, 24 Safar, 1437,December 06, 2015, SPA — The Secretary General of World Scout Organization Scott Terre announced that the number of hours of work carried out by the World Scout Project “Messengers of Peace”, launched from in 2011 from the Kingdom of Saudi Arabia according to its vision and with the participation of various countries of the world amounted to more than 639 million service-hours , which have contributed to the achievement of Millennium Development Goals and the current objectives of the sustainable development
The “Messengers of Peace” project was launched in September 2011 from the Second World Peace Camp hosted by King Abdullah University of Science and Technology (KAUST) under the patronage of the Custodian of the Two Holy Mosques Late King Abdullah bin Abdulaziz Al Saud in the presence of King of Sweden and Honorary President of World Scout Financing Fund Carl Gustaf.
13:20 LOCAL TIME 10:20 GMT