News – Qatar – 2010.05.30

May 30, 2010

QATAR GROK Daily News – Excerpts from International Media Reports
[Links to full articles were active on the date posted here]

Al Jazeera Anchorwomen Quit in Clothing Spat [May 30]
“Five female news presenters at the pan-Arab Al Jazeera satellite television channel have resigned over conflicts with management over dress code and other issues, a journalist there said on Sunday.  “This collective resignation is not motivated just by the growing pressure on the presenters concerning their dress code, which was evoked by the media,” said the journalist, who asked not to be identified.  “The conflicts run much deeper,” the journalist added. The news presenters who have reportedly quit are Jumana Namur, Lina Zahr Al Deen, Lona Al Shibel, Julnar Mousa and Nofar Afli.  The Al Hayat newspaper reported on Sunday that they had resigned in the past few days after petitioning management in January over repeated criticism from a top company official for allegedly not being conservative enough in their dress.  Management of the Doha-based channel told AFP it would issue a response later..”  [Complete Report]

Qatar Shares Advance on Optimism Drop Overdone  [May 30]
“Qatar stocks rose, leading Gulf Arab markets higher, on speculation this month’s decline may have been overdone as economic growth picks up and global markets rallied as concerns over Europe’s debt crisis eased.  Industries Qatar, the second-biggest petrochemicals maker in the Middle East, surged the most in more than two months. In Abu Dhabi, Emirates Telecommunications Corp., the phone company known as Etisalat, gained after its long-term corporate credit rating was raised by Standard & Poor’s. Qatar’s QE Index gained 2.1 percent, the most May 10, to 6,825.89, trimming the decline for the month to 9.6 percent. The Bloomberg GCC 200 Index, which tracks 200 equities in the region, lost 0.3 percent. Egypt’s EGX 30 Index surged 2.8 percent to 6,517.43.  “We continue to focus on international markets and oil, which were generally higher over the Thursday to Friday period,” said Ali Khan, head of cash-equity trading at Dubai- based Arqaam Capital Ltd. “Qatar was the worst performing market in the region month-to-date.”..”  [Complete Report]

Leave a Comment

Previous post:

Next post: