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Last updated:
00:16 (GMT+04) Monday, July 07, 2008.
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| SPECIAL COVERAGE |
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On this day: May 17, 1979 |
Gulfnews: On this day: May 17, 1979
Gulf News Published: May 16, 2008, 23:39 |
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Iran's financial revolution
A new bank will be launched in revolutionary Iran and its main aim will not be making a profit, but to help low income Iranians and put the economy on a sound footing.
Click here to view a Gulf News page on this day
Some 800,000 shares of 1,000 Rials ($14) will be offered for sale on the launching of the Islamic Bank of Iran, no one will be allowed to buy more than 1,000 shares. One of the Bank's financial consultants Hossein Almasi, said the Bank would seek only to make enough money to cover its expenses.
Side-effect victims get $33 million
A Japanese drugs firm signed an out-of-court agreement to pay damages totalling 7.1 billion yen ($33 million) to 437 patients who suffered side effects from an anti-diarrhoea drug it marketed. The plaintiffs had maintained that the drug could affect the peripheral nervous system, cause blindness or paralyse upper limbs.
Arab delegates in walk-out at Manila
Arab delegates to a United Nations development conference stormed out of the convention hall when Israel's delegate Mayer Gabay, rose to read his country's position paper. "We don't recognize Israel," said Hani Habeeb of Syria, who said the walk-out included 20 Arab delegations or those of "all Arab countries except Egypt, which is not part of our group any more. It doesn't exist."
Security Council supports UNIFIL's role in Lebanon
United Nations Security Council issued a statement supporting continued diplomatic efforts to secure full implementation of the mandate of the UN Interim Force in Lebanon (UNIFIL). The force, charged with helping restore the Beirut government's authority in the southern part of the country, has been involved in repeated incidents with Israeli-backed Lebanese Christian militia who control a strip of territory along the border with Israel.
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On This Day
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On this day: October 2, 1978
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On this day: January 24, 1980
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On this day: March 24, 2008
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On this day: March 29, 2008
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On this day: March 30, 1980
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On this day: April 1, 1979
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On this day: April 04, 1979
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On this day: April 05, 1979
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On this day: April 7, 1979
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On this day: April 8, 1979
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On this day: April 14, 2008
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On this day: April 17, 2008
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On this day: April 18, 1979
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On this day: April 19, 1979
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On this day: April 21, 1979
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On this day: April 22, 1979
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On this day: April 23, 1979
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On this day: April 24, 1979
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On this day: April 25, 1979
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On this day: April 26, 1979
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On this day: April 28, 1979
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On this day: April 29, 1979
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On this day: April 30, 1979
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On this day: May 1, 1979
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On this day: May 3, 1979
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On this day: May 2, 1979
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On this day: May 5, 1979
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On this day: May 6, 1979
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On this day: May 7, 1979
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On this day: May 9, 1979
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On this day: May 10, 1979
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On this day: May 12, 1979
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On this day: May 13, 1979
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On this day: May 14, 1979
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On this day: May 15, 1979
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On this day: May 16, 1979
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On this day: May 17, 1979
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| Other Gulf News 30th year Stories |
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UAE's leading English-language newspaper
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Staff mark three decades of success
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International recognition for Gulf News
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The future is bright
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From the pages of Gulf News dated December 2 to 7, 1978
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Gulf News Readers speak
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The games people play to relax
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Letters to the Editor
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'I joined Gulf News at a turning point'
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Letters from the past
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On this day: May 8, 1979
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Three decades and still going strong
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Willow blooms in the desert: From airport runway to plush stadiums
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Spice of life runs through Sharjah
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Gulf News 30th year: Have your say
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Inspirational princess left lasting impression on a day of sad news
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From the pages of Gulf News dated October 7 to 12, 1978
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Comforts from yesteryear
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From the pages of Gulf News dated October 13 to 19, 1978
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Building up heat and sweat
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Letters to the Editor
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In quotes
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Man of letters gets to grips with the news
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Driven to frustration
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Knocked out by the presence of The Greatest
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Coconut oil ignites healthy debate
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Letters to the Editor
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From the pages of Gulf News dated October 21 to 26, 1978
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In quotes
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Lessons learnt from small beginnings
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Always there in support of a busy newsroom
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Memories of times past and present
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Gulf News readers speak
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From the pages of Gulf News dated October 28 to November 2, 1978
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Letters to the editor
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On this day: November 7, 1978
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Making the borders secure
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Letters to the Editor
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From the pages of Gulf News dated November 4 to 9, 1978
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Shadow over sunny side of beach life
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Touching the lives of those less fortunate
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Gulf News readers speak
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On this day: November 15, 1978
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Gulf News readers speak
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Creek abras defy tide of time
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Letters to the Editor
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Battle against rubbish is not waste of time
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Setting the tone for a life full of colour
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From the pages of Gulf News dated November 11 to 16, 1978
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On this day: November 19, 1978
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On this day: November 23, 1978
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'New start' ends after three decades
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The Don: Soccer's great mastermind
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Dollar peg loses its currency
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On this day: December 6, 1978
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What made headlines in the first week
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Letters to the Editor
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Intricate detail on abayas is height of fashion
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Narrow bridge gave drivers some worrying moments
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Racing towards a new future
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Tell us your story
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On this day: December 9, 1978
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Sharjah Indian School is a class apart
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Bankers flock to nest of opportunities
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Gulf News readers speak
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Turkey is big bird for festive season
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Letters to the Editor
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From the pages of Gulf News dated December 9-14, 1978
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Opportunity's still knocking
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Letters to the Editor
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Gulf News readers speak
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Shedding a look, but not the bargains
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From the pages of Gulf News dated December 16 - 21, 1978
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Offices reach new heights
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Letters to the editor
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Gulf News readers speak
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From empty roundabout to city hub
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From the pages of Gulf News dated December 23 - 28, 1978
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From the pages of Gulf News dated January 6 to 11, 1979
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A guiding hand for the newcomers
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Old quarters that have remained cool
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A long road to a pitch-perfect game
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Testing times for car owners
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Gulf News readers speak
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Letters to the Editor
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Gulf News readers speak
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Letters to the editor
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From the pages of Gulf News dated January 13 - 17, 1979
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No room to swing a cat
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Dreams of region's aviation hub take flight
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From the pages of Gulf News dated January 20 - 23, 1979
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Make room for a rocking time
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Letters to the Editor
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From 'pension funds' to stock exchange
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Emerging culture
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Gulf News readers speak
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Dubai's expo expansion continues
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From the pages of Gulf News dated January 26 - February 01, 1980
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Listeners tune out lingering traffic
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Gulf News readers speak
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Letters to the Editor
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Evolving sound of radio
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