In Thursday's Middle East papers

09 July 2009 05:00  [Source: ICIS news]

OMAN TRIBUNE

Front page

Israel land grab threatens sea project: Palestinians
The Palestinian Authority said on Wednesday it would ask the World Bank to stop funding studies for a Dead Sea-Red Sea water project if Israel did not withdraw plans to confiscate occupied West Bank land even as an Israeli newspaper said the Jewish state had won an agreement from the United States for the continued construction of 2,500 housing units in Jewish settlements in West Bank.

GCC-Turkey ministerial meeting a success
The GCC-Turkey Ministerial meeting, which concluded here on Wednesday, reiterated the commitment of the member states to work for the security and stability of the region.

Business

World faces ‘major risks’
G8 leaders believe the world economy still faces "significant risks" and may need further help, according to summit draft documents that also reflect failure to agree climate change goals for 2050.

World demand for oil may take years to recover from 2009 slump: Opec
World demand for Opec’s oil may take years to recover from the slump in 2009 because of economic weakness and demand destruction, the group said on Wednesday.

KHALEEJ TIMES

Front page

G8 focuses on economic recovery
Global economic recovery is not yet guaranteed and governments will worry about the bill for heavy stimulus spending once it has succeeded, world leaders meeting in Italy.

US denies deal with Israel on settlements
The United States denied on Wednesday that it has reached a compromise that would allow Israel to complete construction of settlements that has already begun.

Business

Emaar shares may keep sliding: Analysts
Persistent questions about merits of the planned merger of Emaar Properties with three units of government-owned Dubai Holdings PLC could prolong a nearly two-week slide in the share price of the Middle East’s largest property developer, industry analysts say.

DP world signs new lease deal at Port Botany
Global marine terminal operator DP World has signed a new 15-year operating lease extension at Port Botany in Sydney, Australia.

ARAB NEWS

Front page

‘Cultural events to spur development’
Makkah Gov Prince Khaled Al-Faisal has emphasised that the cultural events being organised at the historic Souq Okaz are part of a massive intellectual, cultural and economic project.

Al-Qaeda militants convicted
Saudi Arabia’s specialised criminal court has convicted 330 Al-Qaeda militants for their involvement in terrorist operations throughout the country; the militants were involved in 179 cases.

Business

OPEC oil, gas income jumps 35% to $1 trillion
OPEC’s income from oil and gas exports jumped 35% to more than $1 trillion last year as world oil prices hit record highs of almost $150 per barrel, the group said in its Annual Statistical Bulletin on Wednesday.

RCCI panel suggests stern action against China
The Exports Committee of the Riyadh Chamber of Commerce and Industry (RCCI) has demanded strong government action to counter the recent Chinese accusations that Saudi Arabian petrochemical companies are dumping their products in Chinese markets.

ALJAZEERA

Front page

China 'may execute' protesters
People arrested during ethnic tensions in China's Xinjiang region have been warned that they may be executed.

Taliban chief in Swat 'wounded'
Maulana Fazlullah, the commander of the Pakistani Taliban in the northwest Swat valley, has been reported injured during an offensive against the group, the Pakistani army spokesman has said.

Business

No new updates

THE DAILY STAR

Front page

Sarkozy: Assad has 'kept commitments' on Lebanon
French President Nicolas Sarkozy said on Wednesday that Syrian president Bashar Assad "kept the commitments" that he had promised France concerning Lebanon. Sarkozy was speaking to reporters in L'Aquilla, Italy at the opening of the G8 Summit.

Israeli general hails 2006 war as 'just'
Israel's war on Lebanon in July-August 2006 was "just," a senior Israeli army commander said on Tuesday.

Business

Major reforms needed to reduce Lebanon’s unemployment
As the nations of the world are being measured these days by the degree in which they are suffering from the impact of the global economic crisis, Lebanon has been described as a country that has weathered the global recession rather well.

IDB could increase size of $500m Islamic bond
The Islamic Development Bank could raise the size of a $500m Islamic bond depending on market conditions, the latest in a flurry of sukuk issuances from the Gulf Arab region.

GULF DAILY NEWS

Front page

Two men killed in bus horror
Two men died yesterday after a minibus ploughed into them as they were crossing the road in Sitra.

Clamp on street traders
People are being warned against buying fruit and vegetables displayed in the street. Inspectors are now out in force to ensure grocers follow Bahrain's hygiene laws - particularly during the summer, when there is a higher risk of contamination.

Business

Satyam unveils new identity
Satyam Computer Services Limited has unveiled its new brand identity, Mahindra Satyam, in Dubai.

Expo sector success is highlighted
The importance of Bahrain's geographical location and its impact on increasing the volume of trade fair business in the region was highlighted by an expert.

By: Staff Reporter
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