In Wednesday's Middle East papers

24 June 2009 05:00  [Source: ICIS news]

OMAN TRIBUNE

Front page

RO579m deals signed for airports’ development
The Ministry of Transport and Communications on Tuesday signed 13 agreements worth RO579.52m for developing airports in the Sultanate.

Royal Decree appoints non-resident ambassadors
His Majesty Sultan Qaboos Bin Said has issued Royal Decree No 40/2009 appointing non-resident ambassadors for the Sultanate.

Business

Growing chorus cautions against rebound hopes
China’s economy is headed in the right direction but the foundations of the recovery are not yet solid, a Chinese central bank official said on Tuesday, adding to a chorus of voices cautioning against expectations of a rapid rebound from the global crisis.

Dubai Petroleum Affairs Dept to set price of DME Oman contract
Dubai Department of Petroleum Affairs will set the official monthly price (OSP) for the crude oil based on a differential to the settlement price of the contract with Oman Crude Oil Futures, the Dubai Mercantile Exchange (DME) said on Tuesday.

KHALEEJ TIMES

Front page

US urges Gulf states to support Iraq, counter Iran
US Defense Secretary Robert Gates said that Gulf states needed to lend support to Iraq in the face of efforts by Iran to ‘destabilise’ the Baghdad government.

Assassination in Pakistan exposes Taliban rifts
The assassination of the leader of a renegade Pakistani Taliban faction by one of his own men underscores a growing rift in the ranks of the militant group as it braces for an impending army assault in the volatile northwest.

Business

Dubai house prices stabilising, but rents may fall further: Landmark
House prices are stabilising in Dubai, but rental rates may fall further in the third quarter due to the economic downturn and a glut of new high-rise apartments.

Abu Dhabi Airport posts 6.6% growth in passenger traffic
Passenger traffic at Abu Dhabi International Airport, or ADIA, grew by 6.6% in May, as five new airlines began their operations.

ARAB TIMES

No new updates

ARAB NEWS

Front page

Passenger from New Delhi diagnosed with swine flu; toll hits 45
Six more cases of swine flu were identified in the Kingdom in the past 24 hours, bringing the total number of reported cases to 45, the Ministry of Health announced yesterday.

Freedom at last for Dwaik
Israel yesterday released the speaker of the Palestinian Legislative Council (Parliament), Aziz Dwaik, a senior Hamas member who has been jailed for three years.

Business

Al-Baha Cement eyes IPO in 2010
The newly founded Al-Baha Holding Cement Co aims to launch an IPO in 2010, Al-Baha Gov Prince Muhammad bin Saud, chairman of the company, said in a meeting at Laylati Hall in Jeddah yesterday.

Saudi stocks continue downward trend
Most Gulf Arab stocks tumbled yesterday, with Dubai suffering its biggest one-day decline for seven months and other indexes claiming similar milestones.

TEHRAN TIMES

Front page

Results of election will not be cancelled, Guardian Council says
The results of the 12 June presidential election will not be cancelled, the Guardian Council announced on Tuesday.

Intl Islamic University of Malaysia to host seminar on Ibn Arabi
The International Islamic University of Malaysia (IIUM) will host a one-day seminar on the Muslim philosopher Ibn Arabi on today.

Business

Zimbabwe's economy begins to recover - minister
Zimbabwe's economy has turned around in the past four months, with employment and industrial capacity use doubling and once record-breaking inflation under control, the minister for economic planning said on Tuesday.

Worst may be over for the Indian economy: official
The worst is over for the Indian economy and a higher-than-normal fiscal deficit should not be a concern for interest rates, a senior government official said on Tuesday.

ALJAZEERA

Front page

Iran's Mousavi calls new protest
Iran's main opposition leader is urging his supporters to gather outside parliament in Tehran later on Wednesday, in defiance of government orders for protesters to stay off the streets.

'Pakistan Taliban hit by US drones'
At least 45 people have been killed and dozens wounded in a series of missile raids by US drones in northwest Pakistan, Pakistani intelligence officials have said.

Business

No new updates

THE DAILY STAR

Front page

Sleiman, Hariri optimistic about post-election phase
President Michel Sleiman and Future Movement leader MP Saad Hariri both expressed optimism on Tuesday concerning the upcoming post-elections phase during a joint news conference with Arab League Secretary General Amr Moussa in Egypt, Hariri stressed that the ongoing political consultations in Lebanon.

Reports emerge of Lebanese freed from Syrian jails
Officials in Beirut revealed on Tuesday that 23 Lebanese detainees in Syria were supposed to have been freed from prison last month, as local media reported that the citizens had been freed.

Business

Iskander's latest book on Russia traces rise of economic powerhouse
Marwan Iskander, a Lebanese economist who has published 11 books on the economies of the Middle East and has advised three Lebanese prime ministers, ventured into Russian territories with his latest publication, an informative and well-researched book entitled "The Bear Turns Tiger- Resurgent Russia."

UAE counterfeit trade surges amid global crisis
Counterfeit trade in the United Arab Emirates has soared this year due to the economic crisis, and Dubai Customs has identified 176 cases of fake products entering the region in the last six months compared with 202 for the whole of 2008.

GULF DAILY NEWS

Front page

Serving the nation
Educational excellence was yesterday described as key to sustained development.

Long wait for murder verdict
A Bangladeshi man accused of murdering a Bahraini with a metal grinder will have to wait three months to learn his fate.

Business

Small businesses to benefit from new Mohasaba project
Tamkeen has teamed up with leading auditing and financial services companies to boost business for small to medium-sized enterprises and larger operations.

'Invest in Bahrain' forum lined up
Preparations are in full swing to hold the "Invest in Bahrain 2009" forum.

By: Staff Reporter
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