In Tuesday's Middle East papers

01 April 2008 04:30  [Source: ICIS news]


Front Page

Tenant could stay put in certain situations
A tenant who has been served eviction notice by the landlord has the right to remain in the property in certain situations, according to an expert.

Bush to champion Ukraine, Georgia at Nato summit
US President George W Bush will be “pushing hard” at an 2 April-4 April Nato summit for the alliance to embrace Ukraine and Georgia as potential members, the White House said on Monday.


Crude plunges $5 as Iraq restores output
Oil prices plunged $5 to below $101 a barrel on Monday on expectations Iraqi oil flows disrupted by a bomb attack last week would be fully restored over the next day.

Anglo American buys ore projects for $5.5bn
Global mining giant Anglo American on Monday agreed to buy Brazilian iron ore interests for $5.5bn amid strong demand for steel, particularly from China, and record-high commodity prices.


Front Page

UAE, China take ties to new heights
Beijing was understandably excited on a chilly and hazy Monday morning--and all for two very special reasons.

Deposed judge returns, new Cabinet in Pakistan
Pakistan’s deposed chief justice revved up his campaign to win back his old job while Cabinet ministers, some wearing black armbands, took their oath of office under protest from President Pervez Musharraf.


IBM Corp temporarily banned
IBM Corp has been temporarily banned from new federal contracts as prosecutors examine interactions between employees of the company and the Environmental Protection Agency.

Britain sees biggest ever Indian take-away
The rise of India as a global economic superpower goes from strength to strength. With Indian companies now routinely called on for IT, commerce and industrial expertise, the purchase of two distinctly British motoring marques from the Ford motor company, namely Jaguar and Land Rover by the Indian conglomerate the Tata Group should come as no surprise.


Front Page

Sisters torch children to death over witchcraft 
Police in Malawi have arrested two sisters who allegedly torched to death two children--aged three and seven--to exorcise them of witchcraft, a police spokesman said on Monday.

British airline hires passengers to fill planes 
Budget airline Flybe is hiring people to travel on flights between a small airport in England and Dublin to avoid a 280,000-pound commercial penalty, it said on Monday.


Corporate governance under focus after financial crisis 
Corporate governance has come under focus by specialized authorities in recent years due to financial crises faced by large companies, said Governor of the Central Bank of Kuwait (CBK) Sheikh Salem Abdulaziz Al-Sabah on Sunday.

Land dispute with Saudi won’t delay Kuwait refinery 
Kuwait does not expect a land dispute with Saudi Arabia to delay the construction of its $14bn Al-Zour oil refinery with contracts to be awarded in April, newspapers on Sunday quoted an oil official as saying.


Front Page

Cabinet announces customs tariff cut; oks Turkish bank
The Council of Ministers yesterday agreed to cut customs tariff on 180 products--including foodstuffs, building materials and consumer goods--by 15% to 20%, Culture and Information Minister Iyad Madani said.

Israeli settlement expansion should stop, urges rice
US Secretary of State Condoleezza Rice said yesterday that Washington still considered the expansion of Jewish settlements in the West Bank “not consistent” with Israel’s obligations under the Quartet’s road map and urged the Jewish state to stop it.


KAU conference to focus on Islamic economic solutions
A large number of prominent economists, researchers, business leaders and decision-makers from different parts of the world will attend the seventh Islamic Economic Conference, which opens at King Abdul Aziz University (KAU) today.

Prince Alwaleed receives Niger's roving ambassador
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received Sidi M Ahmayda, the roving ambassador for Niger President Mamadou Tandja at his office in Riyadh, the company reported yesterday.


Front Page

(no news updated)


Front Page

Tension mounts over Zimbabwe polls  
Frustration is mounting across Zimbabwe as people continue to wait for the official results of Saturday's elections. With tensions rising, riot police are reportedly in place in two Harare suburbs, where support for the opposition is high.

Settlement plans eclipse Rice talks  
Condoleezza Rice, the US secretary of state, has reiterated calls for a halt to settlement construction as Israel announced plans to build up to 1,400 new homes on occupied Palestinian land.


US announces financial overhaul  
The US government has proposed a comprehensive overhaul of the financial regulatory system, giving the Federal Reserve greater oversight over Wall Street.

'Open skies' airline pact takes off  
Travellers on both sides of the Atlantic Ocean will find they have more options when booking non-stop flights between the US and Europe after the "Open skies" agreement came into force.


Front Page

No more visits by Moussa until Arab foreign ministers meet - Fatfat
Youth and Sports Minister Ahmad Fatfat told The Daily Star on Monday that the Arab League's efforts in the coming weeks will focus on holding an emergency session for Arab foreign ministers to discuss the strained relations between Beirut and Damascus. Premier Fouad Siniora on Friday had urged Arab foreign ministers to hold such a meeting.

Sfeir condemns Lebanon's 'crumbling institutions' as result of political crisis
Maronite Patriarch Nasrallah Butros Sfeir voiced regret on Monday over what he described as "the crumbling of institutions" in Lebanon, saying the Lebanese no longer know how to get out of the current crisis.


The state of energy-sector reforms in the MENA region
What is energy sector reform and what is its purpose. Reform of the energy sector is to bring about change of the form of the sector through structural, institutional, legal and regulatory transformations to enable and promote efficient development and operations of the sector. The main outcome is to maximize the benefits of the sector.

Iraq agrees to buy 40 planes from Boeing, 10 from Bombardier
Iraq said on Monday it has signed a contract worth $5.5bn with Boeing to buy 40 new aircraft, with an option to purchase 15 more. Baghdad has also signed a $400m contract with Canadian aircraft manufacturer Bombardier to purchase 10 passenger planes, government spokesman Ali al-Dabbagh said in a statement.


Front Page

Polls lead for Mugabe rivals 
The opposition claimed a wide lead yesterday in Zimbabwe's presidential and parliamentary balloting, but only a few official results were released, heightening fears a regime accused of ruining the economy and undermining democracy planned to hold onto power through rigging.

Rocket barrage on Green Zone 
Rockets fell on the Green Zone and random machine gunfire rang out yesterday in Basra as Shi'ite cleric Moqtada Al Sadr sought to rein in his gunmen after a week of battles that claimed more than 460 lives.


Leaders in making 
Eight ambitious Bahraini graduates will be given the opportunity to learn leadership skills in the UK with the help of global defence and aerospace company BAE Systems, it was announced yesterday.

Gulf Air studies security risks 
Gulf Air has for the first time brought all key security personnel from outstations under one roof in a bid to further strengthen the vigilance and security measures across the airline's network.

By: Staff Reporter
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