Bankers linked to Multimillion Pound Enron fraud face extradition -Transcript: Saddam Hussein Interview -Oil prices to top $60 by autumn, analysts warn

KM Special Report May 26 2005

Crucial Information about Sex Racket Gangs of Dubai Leaked Out from Chief Minister's Office

DUBAI – Some of the crucial records confidentially culled out and handed over by the Dubai Police to the office of Kerala Chief Minister Oommen Chandy have been alleged leaked out from the CM's. Instead of helping further enquiries to trace the sex trafficking agents, the documents ended up in the custody of the same culprits. The confidential information extracted from various investigations is suspected to have reached some of the leading sex traffickers from Kerala who control the pan Gulf prostitution rings. According to informed sources, CM Oommen Chandy heard many stories about the growing abuse of Keralite woman who are recruited from Kerala and trapped in the UAE brothels. According to sources, a detailed report about the Dubai operations of various sex trafficking groups was given to the CM's office on the latter's request. After being grilled by the media and the concerned officials about the sex trafficking syndicates that trapped hundreds of young Keralite girls, the Chief Minister appeared keen to get all the details of the gangs so that he can take some corrective steps in Kerala...

"Ten Malayali women who were deported by the Dubai Police gave crucial evidence against the sex trafficking gangs in Dubai and the involvement of various parties in the racket. The secret document has reached the Dubai office of various businessmen who control the trade," said sources. "Ten Malayali women who were caught in the Dubai Ajman police raids were deported on May 24, 2005 by Sharjah Thiruvananthapuram flight. The Chief Ministers office assigned one senior IAS official from Non Resident Keralite Affairs Department (NORKA) to receive them in the airport and facilitate their transfer to their homes. It is said that a private contracting company in Dubai, registered as a class one contractor of Public Works Department, Thiruvanathapuram received these documents in their office fax! Sex trafficking is a multimillion business in which many politicians, travel agents and businessmen are involved.

The leaking out of the crucial evidence helped many of them to take preventive measures or destroy evidence so that the evidence from the statements of recently arrested victims are nullified. It is believed that the leaked records contained many crucial names including politicians from the ruling party who are directly or indirectly involved in sex trafficking. The construction company which is allegedly the recipient of the documents in Dubai is a first class contractor of Public Works Department. The Dubai based contracting company has apparently close links to some politicians. It claims to have completed many vital projects in Dubai, Abu Dhabi and Sharjah. The IAS officer, who is accused of sending the document to his friend's circles in Dubai and Gulf countries, is always present in Dubai. The confidential documents were faxed back to its original source, perhaps to show that nothing can be done against the powerful sex racket mafia. The gang's moles are present in the Chief Minister's office and NORKA.

SRPC Winds Up Dubai Bureau of Malayalam News; Journalists Given Just A Mont's notice by the 16th largest Publishing Group in the World.

SRPC group fails before Malayali Managements..Gulf Madhyamam penetrates Saudi market, takes a share of UAE market, ME Chandrika claims Circulation Growth. Manorma Follows Wait and Watch Policy; Deepika passing through Critical Phase; Mathrubhumi nowhere in the horizon..Varthamanm.. closed chapter.

DUBAI - Saudi Research and publishing Group, (SRPC), the publishers of Arab News, Urdu News and Malayalam News has terminated the services of all the Malayali Journalists who used to work for the group's Malayalam News daily Bureau in Dubai. The paper gave just one month notice to journalists and the Bureau is almost closed down. While other SRPC offices located on the fifth floor of the CNN Building in Dubai Media City are functioning normally, the Malayalam News has stopped appearing on the Newsstand. Leaving the journalists in a difficult situation, the world's 16th largest publishing group apparently took an abrupt decision to close down the Dubai Bureau, due to the heavvy rent outflow every month. The Newspaper's future was seriously affected by the penetration of Saudi market by Gulf Madhyamam and the entry of Middle East Chandrika to the UAE market. While the claims and counterclaims about circulation figures of new and old Malayalam dailies continues, it is clear that the management style of SRPC could not match the Malabari management style adopted by Kerala Newspapers.

In fact Gulf Madhyamam has countered the Middle East Chandrika's claim and reiterated that their circulation is not at all affected by the new breed of newspapers. "In fact our circulation has gone up due to the new insurance scheme and the closure of Malayalam News. It is a blessing in disguise as readers can dsistinguish between the papers," says M.C.A.Naser, the star journalist of Gulf Madhyamam . It is a fact that Malayalam News circulation was a few thousand copies, and its disappearance has helped other newspapers in the market. In the Saudi Market, Gulf Madhyamam circulation shot up from just below 3,000 a few months back to about 15,000 now, says another Gulf Madhyamam admirer. Hamsa Abbas, the firebrand editor of Gulf Madhyamam who is the major force behind the thumping success of the first Malayalam newspaper with multiple Gulf editions, is getting ready to start Oman and Kuwait editions in the near future. Even though Malayalam News retains monopoly market right within the protected Saudi market, the situation is different in Dubai, which is an open economy. "We could not compete with the Malayalam Newspapers like Gulf Madhyamam which have strong support base from established organisations and sympathisers," says sources. ."The paper did not take care of the Dubai readers and appeared not keen about the circulation or advertisement revenue from Dubai," added sources.

"SRPC has lost a good opportunity to tap the UAE Malayali readers due to poor management. They are not interested in the Indian readership.. They did not do their homework well," says Ahmed P.Sharief, formerly with Malayalam News. "The entry of Middle East Chandrika in the UAE now and Saudi market in future will cause more trouble for established newspapers,"claims Sharief, Editor of Middle East Chandrika. However, others rule out any genuine threat from the Muslim League mouth piece, because the paper could not make any major impact in its own home country. They say that the papers success depends on the continuation of the initial euphorial created by the new paper by changing is Green image and the fund flow should match the business calculations of Abdul Wahab, businessman and Member of Parliament, the main financial backbone of ME Chandrika. The Gulf Malayali tycoon is counting on the 40,000 strong Kerala Muslimc Cultural Center (KMCC), the Gulf wing of Muslim League to expand the paper's reach. It also expects to grab a share of the advertising revenue from the League supporting business community in various Gulf countries. The KMCC influence is the bane and gain of the paper as interference from the League quarters may affect the editorial integrity of the paper. Currently four Malayalam dailies are printed from Dubai. Malayala Manorama, the market leader back home, is still dilly dallying about the Dubai edition plans as it does not want to venture to the competitive market in a hurry. Malayala Manorama has been serving the UAE, Gulf and American market with the Bombay Bureau, where printing and operational cost is much lower than Dubai.

"We have been contemplating the Dubai Bureau plan for sometime. We dont want to have both the Dubai and Mumbai Bureaus simultaneously because it will add upto the cost of operation. If we close down the Mumbai Bureau, it will affect circulation to other overseas markets, especially the US, a major market" said Manorma sources. However, the Manorama group strengthened its Dubai Bureau with many new journalists under Pradeep Pillai, the yougn Bureau Chief. Deepika International which started the Dubai operation a few months could not present a marvellous performance as the circulation figures is not impressive. Max Media has come forward to bail out Deepika International, which is reportedly passing through a critical phase. Journalists from Malayalam News are available in the market and the closure of the paper a few months after the closure of Umm Al Quwain Radio increases the number of Malayali journalists available in the market. As earlier reported by KM job security is a big prolem haunting the Indian journalist community in the Gulf. The marketing departments of various newspapers are monitoring cirulation figures daily to adopt new strategies and schemes to lure readers and avoid another episode of closing down...For media owners, a newspaper or radio station is nothing more than a trading company and their keenness is about the balance sheet...More so for the closed newspaper, which was managed by a non-Malayalai management and Umm Al Quwain Radio, owned by a Pakistani media tycoon. The media world is keenly watching for the next newspaper bubble to burst...Watch Out.

PUBLIC-PRIVATE SECTOR CO-OPERATION NEEDED TO CREATE ENTREPRENEURIAL ENVIRONMENT, SAYS SHEIKH KHALID BIN ZAYED

DUBAI 25th May 2005

His Excellency Sheikh Khaled bin Zayad Al Nehyan, founder and chairman of the Abu Dhabi-headquartered Bin Zayed Group of Companies, has urged greater co-operation between the region’s public and private sectors to create an entrepreneurial environment.

The call came during a panel discussion at Entrepreneurs in Dubai, the world’s largest gathering of self-made tycoons and business leaders currently running at the Dubai International Convention Centre. “The Mohammed bin Rashid Establishment for Young Business Leaders is an excellent example of what can be achieved when the region’s young entrepreneurs are given the necessary backing,” said Sheikh Khalid. “It is not fair to ask commercial banks to shoulder the full responsibility of encouraging start up business. We need more venture capitalists.” Fellow panellist Abdul Aziz Al Ghurair, CEO of Mashreqbank, agreed banks could assist the process but the task had to be spread much wider.

“Banks certainly have a role to play, but the responsibility must be shared – we need a collective effort to create a public-private sector partnership.” And Al Ghurair called for a more-business focussed syllabus to be introduced in the UAE, where youngsters are not exposed to business until a late stage.

“Schools teach mathematics, science and languages very well,” he said, “but life is not science and maths. Young people used to go and work with the fathers when they were growing up, learning about business along the way. This does not happen as much anymore, so we should introduce classes in schools to prepare our youth for the business world.”

The panel, which was moderated by Abbas Ali Mirza, Patner, Deloitte and Touche and included Anita Mehra Homayoun, Director of Marketing and Corporate Communications, Department of Civil Aviation, Government of Dubai and Vijay Tirathrai, Board Director of the Young Entrepreneurs Organisation also urged potential entrepreneurs not be frightened of failure.

“You must overcome fear – most successful entrepreneurs have failed at some point,” said Sheikh Khalid. “Good entrepreneurs overcome obstacles and manage risk. This is only possible through experience so in effect, you must fail to become a successful entrepreneur.”

Al Ghurair also advised facing up to risk. “As an entrepreneur, you must accept that most of your ventures will fail – maybe as many as six or seven out of ten. Entrepreneurs are ordinary people who allow themselves to dream and as a result, come up with some crazy ideas. Not all will succeed, but those which do, will pay for the failures.”

Entrepreneurs in Dubai has been organized by IIR Middle East in conjunction with the Mohammed Bin Rashid Establishment For Young Business Leaders. The event was held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. The Mohammed bin Rashid Establishment has already set up a Dhs 700 million (US $ 191 million) Islamic Fund to provide capital for new entrepreneurs. AME Info, Flip Media and Gulf Business are Entrepreneurs in Dubai Media Partners.

Lack of TV viewer research named as industry frustration
Accountability of investment needed, claims Selevision

(Dubai, May 2005): A lack of viewing figures and research has been identified as the single biggest barrier to effective TV advertising campaigns, with fragmentation of the media named second. These observations were made by industry professionals from both sides of the table – advertisers and media buyers – in recent forums conducted by the television technology provider Selevision.

The forums, held in Dubai, were designed to encourage debate about the TV advertising sector and Selevision president and CEO Dr Raed Khusheim said: “For too long, we have been hearing how a lack of accurate research is stifling media buyers and clients alike. This issue proved to be top of the list of concerns.

“The inability to target campaigns based on realistic data was one of a number of frustrations for both advertisers and media buyers; others were the quality of programming, fragmentation of media, and reach.”

Selevision, based in UAE and Saudi Arabia, is poised to enter the market with its Dynamic Commercial Delivery System. The pioneering technology enables advertisers to manipulate viewing habits and maximize return on investment for their ad spend.

For the first time, advertisers will be able to guarantee reaching a specific audience - pre-determined by themselves - using sophisticated technology that enables commercials to be targeted by any of a number of criteria, such as location, age and income.

As well as being able to target viewers direct, and only paying for the number of registered impressions, advertisers also receive a full report on viewer profiles, watching times and channels – valuable research data in its own right.

Dr Khusheim added: “The biggest challenge advertisers face in the region is accountability for investment. Educated guesswork is the only current means of targeting television commercials, but that will soon no longer be the case.”

Selevision will be launching its technology in the Middle East in June and expects to supply 800,000 homes in the UAE and Saudi Arabia with its Digital Satellite Receivers – a multi-functional ‘set top box’ - within the next 12 months.

The ‘set top boxes’ will be available for a monthly subscription of just AED 5 (a deposit is required), with the Selevision technology and all its advanced functionality available free of charge. Advertisers will be charged just US$0.05 per impression, with their advert guaranteed to be delivered to the intended recipient.