In Friday's Middle East papers

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

OMAN TRIBUNE

Front page

Palestinian forces to get freer hand in four cities
Israel agreed on Thursday to give Palestinian security forces a freer hand to operate in four West Bank cities and to limit its own military activities there in a US-backed move to bolster President Mahmoud Abbas.

Investment opportunities galore in Dakhiliya region
Oman Chamber of Commerce and Industry (OCCI), Nizwa branch, plays an important role in developing investment, tourism and trade sectors in Dakhiliya, according to a OCCI board member.

Business

US GDP shrinks 5.5% in Q1
The US economy shrank slightly less in early 2009 than previously thought, the government reported on Thursday, though there was widespread weakness in activity and demand was soft.

US wants to negotiate directly with Doha round partners
The United States wants to negotiate directly with individual major trading partners to push forward the World Trade Organisation’s Doha round, US Trade Representative Ron Kirk said on Thursday.

KHALEEJ TIMES

Front page

King of Pop Michael Jackson dies at 50
Michael Jackson, the child star turned King of Pop who set the world dancing but whose musical genius was overshadowed by a bizarre lifestyle and scandals, died on Thursday.

Israel gives Abbas forces freer hand in West Bank cities
Israel agreed on Thursday to give Palestinian security forces a freer hand to operate in four West Bank cities and to limit its own military activities there in a US-backed move to bolster President Mahmoud Abbas.

Business

DBG and Shuaa resolve row
The high-profile wrangle over a Dh1.5bn bond conversion between Dubai Banking Group and Shuaa Capital appeared to come to an abrupt end on Thursday, with Shuaa agreeing to give Dubai Banking a 48.4% ownership stake, more than double its initial offer.

Flat-screen maker AOC debuts in UAE
Taiwan-based AOC, the world’s biggest manufacturer of flat-screen and LCD monitors, is expanding in the Middle East and will push ahead this year with plans to establish Dubai as its regional hub, senior executives of the company said on Thursday.

ARAB TIMES

No new updates

ARAB NEWS

Front page

War on drugs to continue: Official
Col Abdullah Al-Qahtani, acting director of the Drug Combating Department in Jeddah, said yesterday Saudi Arabia will continue its campaign against drug smugglers and traffickers.

Berri re-elected Lebanon speaker
Lebanese lawmakers overwhelmingly re-elected a pro-Hezbollah Parliament speaker yesterday despite the group’s recent election loss, signaling that the political factions are moving toward a unity government.

Business

Top Saudi investor fined for insider trading
Saudi Arabia has fined a key local investor and shareholder in several listed companies for insider trading, according to the regulator’s website.

New tender for $9bn Ras Azzour water project on the cards
Saudi authorities are expected to call for new tenders from specialised companies to establish the proposed $9bn Independent Water and Power Production (IWPP) project in Ras Azzour, Saudi and foreign investors have said.

TEHRAN TIMES

No new updates

ALJAZEERA

Front page

Singer Michael Jackson dies
Pop singer Michael Jackson has died after being found unconscious at his home in Los Angeles.

US and Iran escalate war of words
Iran's president has escalated the war of words with Washington, comparing his US counterpart, Barack Obama, to predecessor George Bush.

Business

No new updates

THE DAILY STAR

Front page

Berri re-elected as speaker with 90 out of 127 votes
Ninety lawmakers re-elected on Thursday Amal Movement leader Nabih Berri as Parliament speaker for a fifth consecutive term.

Doha agreement achieved its aims - Qatari premier
Qatari Premier Sheikh Hamad bin Jassem bin Jaber al-Thani told Al-Jazeera TV on Wednesday evening that the "goals" of the Doha agreement, which put an end to street clashes between pro-government and opposition gunmen in May 2008 "have been achieved."

Business

First National Bank praises Lebanese resilience
Rami Nemer, head of the board of directors of First National Bank (FNB), praised on Thursday the performance of the Lebanese banking sector and its resilience to the global financial crisis during a lunch hosted by the bank.

Dubai Banking gets 48.4% of Shuaa, ends bond dispute
Dubai Banking Group (DBG) and Shuaa Capital announced on Thursday that they resolved the convertible bond dispute that has ravaged Shuaa's shares and the Dubai market for over a week.

GULF DAILY NEWS

Front page

Heatstroke cases rising
More than 70 workers have required hospital treatment for heat exhaustion in the last week - almost a week before the start of the summer ban on outdoor work.

Educational seminar
School principals, teachers, academic co-ordinators and student counsellors will attend a seminar at the Art of Living Centre, Al Burhama tonight.

Business

Insurance scheme for managers is launched
Bahrain National Insurance Co (bni), has launched a professional liability and directors and officers insurance suite of products designed to provide insurance protection to senior corporate managers.

Kingfisher starts Dubai flights
India's Kingfisher Airlines yesterday announced its entry into the Middle East with daily direct flights from Dubai to Bangalore.

By: Staff Reporter
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly