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KATHMANDU Women's Taco Charlton Jersey , June 7 (Xinhua)-- Veteran Nepali politician Sher Bahadur Deuba was sworn-in as Nepal's 40th prime minister on Wednesday, a day after he was elected in the Parliament with the support of nearly two-thirds of the members of the 593-strong Parliament.


This is the the fourth time Deuba became the head of the government in the Himalayan nation. Deuba is also the president of Nepali Congress Party, the largest party in the Parliament.


Deuba, 70 Women's Connor Williams Jersey , was administered oath of office and secrecy by Nepali President Bidya Devi Bhandari here on Wednesday. He assumed office at the Singhdurbar Secretariat later in the day.


The new development has come following the resignation of Pushpa Kamal Dahal on May 24, who served as the premier of Nepal since August 4 last year.


Newly elected Prime Minister Deuba has formed a small cabinet incorporating three deputy prime ministers and four ministers on Wednesday.


According to the President's Office, Bijaya Kumar Gachhchadar, Krishna Bahadur Mahara and Gopal Man Shrestha were appointed the deputy prime ministers.


Gachhchadar is the minister for federal affairs and local development Women's Leighton Vander Esch Jersey , Mahara became the minister for foreign affairs while Shrestha will be in-charge of education in the Deuba-led Cabinet.


Janardan Sharma was appointed as the home minister and Gyanendra Bahadur Karki as the finance minister of Nepal respectively.


Farmullaha Mansoor became the labor minister while Prabhu Shah was appointed as the minister without portfolio.


Deuba was the sole candidate in the election for the post of prime minister as the main opposition Communist Party of Nepal (UML) and other parties did not contest the election held on Tuesday.


Dahal garned 388 votes while 170 votes were cast against his candidacy. A total of 558 were cast and Deuba needed 297 votes to prove his majority.


Deuba told local media that his top priorities would be holding second round of local body elections on June 28 at any cost and implement the new constitution promulgated in September 2015.


In terms of foreign affairs conduct, the newly elected prime minister said his government would focus on maintaining good relations with neighboring countries India and China.


Deuba served as the prime minister from 1995-1997, 2001-2002 and 2004-2005. Deuba was ousted by then King Gyanendra Shah in 2005 for failing to hold elections and to bring the then Maoist rebels to the negotiating table.


Deuba was born into a middle class family in 1946 from Dadheldhura District of Nepal, some 500 kilometers west of Capital City Kathmandu.


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DUBAI Women's Dak Prescott Jersey , Jan. 31 (Xinhua) -- Share price indices from Dubai to Riyadh advanced on Sunday amid a recent stabilization of the price of oil and after recent hawkish comments by officials from some OPEC member states.


The Dubai Financial Market General Index posted the biggest jump among the Gulf markets, closing 4.92 percent higher at 2,977.77 points.


Market bellwether Emaar Properties, the developer of the world's tallest mixed use-tower Women's Ezekiel Elliott Jersey , the 829.9 meter tall Burj Khalifa, gained 4.50 percent to hit 5.11 dirham (1.39 dollars) on heavy trading.


Investment bank Shuaa Capital which suffered heavy losses throughout January, added 3.24 percent. With Sunday's index advance, the Dubai bourse recovered further ground after the gauge hit a 27-month low at 2 Chaz Green Jersey ,621 on January 21.


Earlier last Wednesday, Mohammad Bin Saleh Al-Sada said the current price of oil was "unsustainable". The minister claimed that 380 billion dollars of investment in the oil and gas sector has already been deferred as a result, Dubai-based Pipeline magazine reported.


United Arab Emirates Minister of Energy Suhail Al-Mazrouei also said on January 12, he is convinced the value of the "black gold" will recover as market forces will correct the slump probably after the first half of 2016.


On Friday the price of oil (U.S. crude) closed. 1.4 percent higher at 33.57 dollar per barrel (159 liter).


Regional markets already benefitted last week "from the improving sentiment especially after the oil price spike triggered by talks (later denied) between Saudi Arabia and Russia to cut output Byron Jones Jersey ," said Dubai-based economist Dr. Nasser Saidi in his weekly market analysis published earlier today.


In Riyadh, the Saudi Arabian Tadawul All-Share Index advanced 1.98 percent to reach 5,996.57 points.