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Thursday, November 5, 2009

Noor Takaful launches Gulf's first online Islamic insurance service

(MENAFN - Khaleej Times) Noor Takaful said on Tuesday that it has launched the GCC's first online real-time, web based, Islamic insurance service.

With a simple click of a mouse, the easy to use online facility allows customers to shop for a variety of insurance products which are offered at very competitive and transparent rates, the Shariah compliant insurance brand of Noor Investment Group said in a statement. It said the service provides a quick and complete insurance solution from beginning to end, from obtaining an online instant quote to purchasing online insurance and delivery of policy cover. Noor Takaful inaugurated the new online service with a motor insurance product that covers both private and commercial vehicles. Other types of insurance products would soon be available online, it said.

"We live in one of the most under insured regions in the world," said Dr Ahmed Al Janahi, Deputy Group Chief Executive Officer of Noor Investment Group and Managing Director of Noor Takaful. "With our innovative online takaful solution, a first in this region, we aim to make our Islamic insurance products more accessible to everyone through advanced technology."

Straight forward and user friendly, the interactive portal seeks to bridge the gap between Noor Takaful and its customers who prefer the convenience of shopping online, rather than visiting a broker. By going online, Noor Takaful is able to minimise transactional costs and overheads which in turn reduce the cost of purchasing insurance for customers.

The new online service, which can be accessed at www.noortakaful.com uses a safe and secure payment facility, with a high level of encryption. Customer service advisers are on hand and can provide advice and suggestions on the various insurance options available to suit each individual's unique needs, the firm said.

Source: Middle East North Africa Financial News (MENAFN).
Link: http://www.menafn.com/qn_news_story_s.asp?StoryId=1093280774.

Jordan govt starts paying dues owed to construction firms

(MENAFN - Jordan Times) The government started Wednesday to pay part of dues owed to the construction sector, following complaints by the Jordan Construction Contractors Association (JCCA) during the past few months.

Public Works and Housing Secretary General Sami Halaseh told The Jordan Times yesterday that the ministry began disbursing JD8 million to contractors who have submitted claims of less than JD100,000.

However, JCCA President Derrar Sraireh expressed dissatisfaction saying: "Such practice creates further problems and does not provide a comprehensive solution."

He estimated the government's bill at JD100 million in 2009 while the ministry admits only to JD24 million.

JCCA has issued several statements calling on the government to pay the sector's due amounts, and warning that leading contractors will stop work in key projects in case the government did not pay them their dues.

The construction sector has financial claims on all government institutions including the Greater Amman Municipality (GAM), Sraireh insisted.

But an official source at GAM dismissed these claims saying: "There is not a single claim from the construction sector pending in the municipality files."

By Khalid Neimat

Jordan PM pledges budget austerity

(MENAFN - Jordan Times) Prime Minister Nader Dahabi on Wednesday said that the 2010 state budget "will not rely on uncertain foreign assistance or local revenues that may not be realized".

Stating that the budget deficit represents the biggest challenge for the government and that monetary reforms are needed to address the problem, the premier indicated that the budget will feature austerity measures to reduce the deficit, the Jordan News Agency, Petra, reported.

He made the remarks at a meeting with the board chairpersons and CEOs of the operating banks in the Kingdom, held at the Central Bank of Jordan (CBJ).

He announced that the government will extend its guarantee on deposits of any size at all banks operating in Jordan up to the end of 2010.

In October last year, the government decided to guarantee deposits up to the end of 2009.

Dahabi explained that the government will boost small and medium enterprises (SMEs) by establishing a risk capital fund, calling on banks to consider providing credit facilities to SMEs that do not have enough guarantees.

According to Dahabi, the new income tax draft law, which was withdrawn from the Lower House recently, seeks to stimulate the Kingdom's economy as tax rates on businesses will be reconsidered. He added that the government plans to create new markets for Jordanian products and increase exports to current markets.

Dahabi also expressed his confidence in local banking sector's performance.

The premier commended new instructions issued by the CBJ covering credit rating, imposing conditions on doubtful assets and lowering the mandatory reserve rate, which resulted in greater liquidity in the market.

Confirming that no bankruptcies occurred despite the drop in local bank profits during this year, the premier noted that not only Jordanian banks but also financial institutions worldwide adopted stricter lending measures due to the global financial crisis.

Dahabi attributed the increase in capital spending to the early approval of the budget, which expected revenues to be higher than they turned out to be. During the first nine months of this year, local revenues grew only by 2 per cent, a figure he considered very low when compared with a 30 per cent growth in capital expenditure.

Public debt, both internal and external, reached JD9.5 billion during the first nine months of this year, representing 58.6 per cent of the gross domestic product, the premier noted, explaining that the percentage should not exceed 60 per cent according to the Public Debt Law.

Swine flu vaccine arrives Jordan today

(MENAFN - Jordan Times) The first shipment of H1N1 (swine) flu vaccine will arrive in the Kingdom this evening, Ministry of Health officials said on Tuesday.

According to Jordan Food and Drug Administration (JFDA) Director General Mohammad Rawashdeh, the administration will take two to three weeks to test samples of the 100,000 vaccines before they are allowed to be administered.

But, he added, "the administration might expedite swine flu vaccine tests to inoculate pilgrims before the Hajj season".

"We asked the manufacturing company to provide us with documents indicating that the vaccine is safe and has been tried in other developed countries," Rawashdeh told the press yesterday.

Osama Braiwish, head of Novartis Pharmaceuticals' Jordan office, pointed out that health officials in Egypt have administered the same vaccination with no side effects reported.

The vaccine has also been used in the US and some European countries, Braiwish said, stressing that the company will accept responsibility for any potential side effects.

"We pledged to the ministry that, in case of any side effects, the company will be responsible, except in cases related to improper storage," Braiwish told The Jordan Times in a phone interview yesterday.

Meanwhile, the JFDA approved on Monday the manufacture of a generic brand of Tamiflu by local pharmaceutical companies.

The new product, "Flufir", was given priority registration to supply the local market and will be sold in a 75mg, ten-capsule package for JD26, the Jordan News Agency, Petra, reported.

The administration also allowed private hospitals to purchase Tamiflu from the manufacturing company, Roche. Previously, only public hospitals were allowed to purchase the drug.

Meanwhile, the epidemic and emergency committee on Tuesday decided to maintain its current H1N1 treatment strategy, according to a Ministry of Health statement.

In its statement, the ministry said that the ratio of swine flu cases and deaths in the Kingdom comply with global figures, underlining that current protocols are in accordance with the World Health Organization's (WHO) regulations.

Under the current strategy, rather than hospitalizing each case, patients are divided into three classifications in order to prioritize who is admitted and receives treatment. The first group includes those who suffer from respiratory diseases and are admitted to the hospital. The second group, people at high risk of developing complications including children, pregnant women, the elderly and those with chronic diseases, are to receive treatment at home.

The third classification is of suspected cases - those who exhibit swine flu symptoms and are later proven not to have the virus are not hospitalized or given anti-viral medication.

According to the latest figures released by Health Ministry, the Kingdom registered 2,217 swine flu cases and seven related deaths since the registration of the first case last June. According to WHO figures, more than 500,000 cases have been reported across the world with 5,700 deaths.

By Khetam Malkawi

Afghan Police Officer Kills 5 British Soldiers

2009-11-04

The deaths of five British soldiers on Tuesday at the hands of an Afghan policeman with whom they were working unleashed an outcry in Britain and highlighted the vulnerability of Western troops as they carry out a key part of the counter-insurgency strategy to train more Afghan army and police.

The attack occurred at midday Tuesday in Helmand Province as the soldiers relaxed in the still warm autumn sun on the roof of the joint checkpoint over looking the shared British-Afghan compound. They were so at ease that they had shed their body armor and helmets, never thinking that they would be attacked by one of the men they lived and worked with, said a local provincial official. The attacker then fled, setting off a manhunt.

For Britain, where public support for the war has grown shaky, the event resulted in one of the highest number of fatalities in a single attack since the Afghanistan invasion eight years ago, bringing to 92 the number of British troops killed in a single year.

It came just one month after an Afghan policeman fired on American soldiers during a joint patrol in Wardak Province, killing two, and immediately intensified concerns about Taliban infiltration of the Afghan security forces, which are supposed to be preparing to take a broader role in combating the Taliban insurgency.

An Afghan official in Helmand said the gunman was sympathetic to the Taliban insurgents who have been fighting an increasingly bold campaign against Afghan and NATO forces. Six British soldiers were also wounded.

Lt. Col. David Wakefield, a British spokesman in Helmand, described the Afghan policeman as an “individual rogue.” Helmand officials said regardless of whether the policeman was a rogue actor, he killed the British soldiers in a climate of insurgency, which has tainted the way all Afghans think of foreigners on their soil, and warned that the incident could be repeated.

“This is not the first incident and will not be the last one; it will continue in the future as well,” said Haji Muhammed Anwar Khan, a local elder and a representative of Helmand in Parliament. “As much as we are losing the territories, we will face this kind of trouble, and also as much as there is distance between the government and ISAF and the local people, we will have face this kind of event.” He was referring to the International Security Assistance Forces, the NATO-led force of some 71,000 troops from 43 nations.

An important part of the counterinsurgency strategy embraced by the United States is to train more Afghan troops and police to protect people, in hopes of reducing the tensions created by foreign forces and allowing them eventually to leave.

Col. Wayne Shanks, a public affairs officer for the NATO force, acknowledged that the plan entails risks, he but called the Tuesday attack a “very isolated incident” and said the training was already making a positive difference.

“Partnering and mentoring is more and more the way we are training the Afghan units,” he said. “You have to be there: work with them, live with them and it makes you safer in the long run. It’s a fundamental tenet of counterinsurgency strategy.”

Gen. Stanley A. McChrystal, the American military commander in Afghanistan, issued a statement saying: “We will not let this event deter our resolve to building a partnership with the Afghan National Security Forces to provide for Afghanistan’s future.”

But there are clear indications that the public resolve among many American allies is waning. The incident Tuesday came at a time when public support for Britain’s military commitment in Afghanistan - second largest, in numbers of troops, after the United States - has been falling sharply.

A number of recent opinion polls have shown that less than half those surveyed supported the British role in the war, and about half of those urge the early withdrawal of British troops. There are now about 9,000 British troops operating in Afghanistan.

Both the Labor party government of Prime Minister Gordon Brown and the opposition Conservatives led by David Cameron, who are strong favorites to win a general election next spring, have stood firmly by the British commitment.

Both leaders have said that Britain’s role in the 41-nation coalition in Afghanistan is essential to safeguarding Britain’s security against Islamic extremist attacks of the kind that the United States endured on Sept. 11, 2001, and Britain on July 7, 2005, when 56 people, including four suicide bombers, were killed in attacks on London’s transit system.

After the killing of the five British soldiers, that message was reaffirmed by British Defense Minister Bob Ainsworth. Speaking in a BBC interview during a visit to Saudi Arabia, he rejected the arguments of those in Britain who have said that the country should abandon its military role in Afghanistan and concentrate on guarding against attacks by Islamic militants at home.

British intelligence chiefs have said that three-quarters of all terrorist plots uncovered in Britain in recent years have had links to Afghanistan and Pakistan, which is the ancestral homeland of the majority of Britain’s 1.5-million Muslims. “If Afghanistan is not secure, then Pakistan is not secure, and if Pakistan is not secure then Britain is not secure,” said Ainsworth.

The Afghan president, Hamid Karzai, sharply condemned the attack and extended his condolences to the families of the soldiers.

The incident occurred around noon on Tuesday when the British soldiers were visiting a jointly run Afghan and British checkpoint near a health clinic in a village in Helmand, which has become an epicenter of attacks on the British in southern Afghanistan.

The British soldiers were on the checkpoint’s roof with some of the Afghan police officers responsible for protecting the clinic, according to a provincial spokesman and a local official who visited the scene of the attack.

The atmosphere was relaxed and the British were not wearing body armor, according to the spokesman for the provincial government, Dawoud Ahmadi. Without warning, at least one of the Afghan troops began firing an automatic weapon in quick bursts at the British soldiers, according to Haji Barakzai, a local official.

The British retaliated, and three Afghans were killed. It was unclear if there was more than one gunman, the British said, but at least one, identified as Gulbaddin, got away.

Barakzai said that the local police commander said the gunman was known to be sympathetic to the Taliban.

However, Taliban commanders in southern Afghanistan said they were unaware of the attack and were making calls to their local commanders in the area to see if they had any knowledge, but they did not think any of their foot soldiers were involved.
The attack mirrored at least two similar incidents in Iraq in which Iraqi Security Forces turned on American soldiers they were working with. The most recent instance was on Nov. 12, 2008, in Mosul when an Iraqi Army private opened fire on a group of American soldiers visiting an Iraqi base near an American base. One American soldier died and seven were wounded. In that case, it did not appear that the attacker had a connection to the insurgency.

Source: Free Internet Press.
Link: http://freeinternetpress.com/story.php?sid=23462.

Parents Of Slain University Student, Stunned By Hospital Bill

On Saturday, 10 days after Scott Hawkins was beaten to death inside his dormitory at California State University - Sacramento, his parents got a letter in the mail.

It contained a bill from the University of California - Davis Medical Center for $29,186.50 along with a form letter addressed "Dear Patient" that implied they were indigent and stated that the hospital no longer could provide them services.

"U.C. Davis can no longer provide follow-up care or any other non-emergency care to you," it read. "Please go to a County clinic for all non-emergency care or to get a referral to another doctor."

For Gerald and Elizabeth Hawkins, it was just too much to bear.

"It was just devastating and insulting," Gerald Hawkins said Monday. "It's just hard to grasp for words. My wife and I were near collapse."

The couple said the mailing tore at the wounds opened by the loss of their 23-year-old son.

"We were just very upset on Saturday, it just all spiraled downward," said Elizabeth Hawkins. "We called a crisis counselor and he came over and spent several hours over here."

As a means of coping, the family made a copy of the letter, took it into the backyard of their Santa Clara home and burned it.

Monday morning, they picked up the phone to straighten things out.

Gerald Hawkins said he first called the U.C. Davis billing department, but was so distraught he lost his voice and handed the phone to his wife.

"It was just one more unpleasant process," she said. "I was crying through the whole thing."

The parents also sent a note to the billing department noting that their son was not indigent and that he carried full medical coverage through a Kaiser Permanente plan.

Contacted by the Sacramento Bee on Monday, Carole Gan, a hospital spokeswoman, called the mailing "a mistake."

She said she was limited in what information she could provide about the medical care provided to Scott Hawkins, but said he arrived at the emergency room at 3:11 p.m. and was pronounced dead five minutes later.

"The trauma team did everything they could," said Gan.

She said the bill accurately reflects the services provided but that the hospital regrets that the bill and letter were mailed to the family. She said the matter would be resolved through Hawkins' insurance company.

The suspect in Hawkins' beating death, 19-year-old Quran Jones, remained hospitalized at U.C. Davis on Monday in fair condition.

Officers responding to reports of a disturbance in a CSUS dormitory on the afternoon of Oct. 21 shot Jones after he allegedly lunged at them with a knife.

Jones is expected to be booked on charges of murder and attempted murder when he recovers.

Authorities have not said what they believe might have sparked the attack. Hawkins and Jones shared a suite in the dorm, and a detailed time-line compiled by campus authorities indicates Hawkins may have walked in on Jones several minutes into his rampage. Police say Jones beat Hawkins to death using the baseball bat of another suite mate.

Hawkins, who had Asperger's syndrome, a mild form of autism, had been attending CSUS since August, when his parents drove up to Sacramento with him and helped him move into his dorm. His parents describe him as a gentle, quiet son with a love of learning and fascination for history.

Gerald Hawkins said he was shaken by the description of services that, according to the billing, the hospital provided his son.

He said he was told by CSUS President Alexander Gonzales that his son died inside the dormitory suite.

But the billing indicates that his son lived longer than initially thought, said Hawkins. In addition to the emergency room services, the bill seeks payment for a "patient monitor," trauma rescue services, intubation and cardiopulmonary resuscitation.

Gloria Moraga, a spokeswoman for CSUS, said she could not comment on the case because it is under investigation.

"The conversation the president and the family had was a private conversation and we cannot share it with you," she added.

The hospital bill is dated Thursday. Gerald Hawkins said he was confident his insurance company would handle the matter.

But that did nothing to allay how disturbing he finds it that the hospital sent the mailing at all.

"I can't believe this can happen in a civilized country," said Hawkins.

Killer Tsunamis From Ancient Eruption Reshaped Eastern Mediterranean Life, Culture

The massive eruption of the Thera volcano in the Aegean Sea more than 3,000 years ago produced killer waves that raced across hundreds of miles of the Eastern Mediterranean to inundate the area that is now Israel and probably other coastal sites, a team of scientists has found.

The team, writing int he October issue of Geology, said the new evidence suggested that giant tsunamis from the catastrophic eruption hit “coastal sites across the Eastern Mediterranean littoral.” Tsunamis are giant waves that can crash into shore, rearrange the seabed, inundate vast areas of land and carry terrestrial material out to sea.

The region at the time was home to rising civilizations in Crete, Cyprus, Egypt, Phoenicia and Turkey.

For decades, scholars have suggested that the giant eruption, just 70 miles from Crete, might have brought about the mysterious collapse of Minoan civilization at the peak of its glory. The remnants of Thera’s eruption today make up a circular archipelago of volcanic Greek isles known as Santorini.

Thera is thought to have erupted between 1630 and 1550 B.C., or the Late Bronze Age, a time when many human cultures made tools and weapons of bronze. Scholars say the tsunamis and dense clouds of volcanic ash from the eruption had cultural repercussions that rippled across the Eastern Mediterranean for decades, even centuries. The fall of Minoan civilization is usually dated to around 1450 B.C. Geologists judge the eruption as far more violent than the 1883 eruption of the volcanic island of Krakatoa in Indonesia, which killed more than 36,000.