In Thursday's Middle East papers

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

OMAN TRIBUNE

Front page

Talks only after freeze on settlements: League
The Arab League said on Wednesday it saw a "window of hope" for Middle East peace and Arab states would respond positively to US President Barack Obama’s vision for resolving the Arab-Israeli conflict.

US to appoint ambassador to Syria after four-year hiatus
The US government will send an ambassador to Syria after a four-year hiatus as President Barack Obama moves to improve ties between the two countries, a State Department official said on Wednesday.

Business

Japan posts biggest trade surplus in May
Japan has announced its biggest monthly trade surplus in a year, supporting hopes that the world’s second largest economy is slowly recovering from its worst recession on record.

Advanced economies to recover by year end: OECD
The advanced economies will soon hit the bottom of the recession and have begun the long haul towards a weak recovery by the end of the year, the OECD said on Wednesday as it revised up forecasts.

KHALEEJ TIMES

Front page

US troops ready to withdraw from Iraqi cities
US combat troops will pull out from Iraq’s cities and main towns as the war-torn country takes sole charge of security in a major stepping stone to a complete American withdrawal.

Iran’s opposition vows to go on challenging poll
Iran’s reformist opposition leaders vowed to press on with legal challenges to an election they say was rigged, even as the hardline leadership appeared on Thursday to have largely crushed mass street protests.

Business

UAE millionaires shrink 12.7%
The UAE’s population of millionaires shrank by 12.7% to 67,000 last year, as the ranks of the wealthy across the world thinned out amid the global economic downturn.

Flydubai announces three Indian routes
Flydubai, Dubai’s first low-cost airline, is all set for take off to the Indian sub-continent with the announcement of a trio of routes to the region. Flydubai will begin its Indian adventure with flights to the north eastern city of Lucknow on 13 July.

ARAB TIMES

No news updates

ARAB NEWS

Front page

‘Protection of media heritage a top priority’
The Ministry of Culture and Information has rolled out a major archiving project with EMC Middle East, the world leader in information infrastructure solutions, in a bid to streamline and digitise its library.

All visa seekers to be photographed and fingerprinted
Saudi Arabia will introduce fingerprinting and full-face digital photographs for visa applicants next year as part of its efforts to strengthen its security, prevent identity theft and combat terrorism.

Business

IDB plans $6bn Sukuk in five years
The Islamic Development Bank (IDB) plans to issue $6bn worth of Sukuk over the next five years in order to finance its programs, the bank president said.

Aramco shifts focus to gas as oil expansion ends
Saudi state oil giant Aramco is shifting its exploration and production focus to gas to meet rapidly rising domestic demand as its program to expand oil capacity comes to a close.

TEHRAN TIMES

No news updates

ALJAZEERA

Front page

Baghdad blast leaves scores dead
Scores of people have been killed by a bomb in Baghdad’s Sadr City just days before US combat troops are due to leave Iraq's major cities.

Iran thwarts opposition protest
Hundreds of Iranian riot police have deterred opposition supporters from staging a rally near parliament in Tehran to protest against the outcome of the presidential election held on June 12.

Business

Slump continues in Japan exports
The slump in Japanese exports shows no sign of relenting with data showing auto exports to the US down more than half in May, and exports overall plunging more than 40% year on year.

China denies curbing exports
China has defended its export policies after the United States and European Union complained to the World Trade Organisation (WTO) they violated international trade rules.

THE DAILY STAR

Front page

Hariri: Future Movement bloc will back Berri's re-election as speaker
Future Movement leader MP Saad Hariri said on Wednesday that his bloc will re-elect Amal Movement chief Nabih Berri as the head of Lebanon's Parliament.

Saudi envoy denies allegations of funding polls
Saudi Ambassador Ali Asiri dismissed on Tuesday a report in US magazine Newsweek concerning Saudi funding of the polls in Lebanon.

Business

Lebanese consumers hit by sharp rise in global energy costs
The sharp fluctuation of oil prices in the international markets are taking their toll on Lebanese consumers as prices of gasoline, kerosene and gasoil climbed unchecked for the fourth week in a row.

OECD sees growth in 2009, ECB makes record loans
Prospects for economic recovery next year have improved for the first time in two years, the OECD said on Wednesday, while the ECB lent banks at the heart of the crisis a record 442bn euros.

GULF DAILY NEWS

Front page

Jobs blow
UP to 3,000 workers in Bahrain could have lost their jobs as a result of the global credit crunch, it has been claimed.

Grand finale as church celebrates a golden year
A Bahrain church, widely known as Gulf's Mother Parish of the Malankara Orthodox Church, concludes a year-long celebration marking its 50th anniversary with a grand event tomorrow.

Business

Traders praised
Industry and Commerce Minister Dr Hassan Fakhro yesterday praised stores and market traders for responding positively to government-backed initiatives, ensuring price stability and sufficient supplies.

Luxury charter jet firm registers sales growth
MAE Jet Charters has seen sales volume grow substantially since its launch last month.

By: Staff Reporter
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