In Friday's Middle East papers

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

OMAN TRIBUNE

Front page

2m Swat refugees to begin trek back home next week
Pakistan will start bringing people displaced by fighting between security forces and Taliban militants in the northwestern Swat Valley back home from next week, Prime Minister Yusuf Raza Gilani said on Thursday.

Bomb attacks kill 52 in Iraq as violence flares
Bombs in Baghdad and northern Iraq killed at least 52 people on Thursday, police said, underscoring doubts about local forces’ ability to keep Iraqis safe after US troops pulled out of city centre.

Business

G8, developing economies vow to resist protectionism
The Group of Eight rich nations and emerging economic powers vowed on Thursday to resist protectionism and give a new push to wrap up long-struggling WTO talks next year, according to a draft declaration.

IEA chief urges hedge fund transparency to hold oil price spike
More information on hedge funds and greater transparency on who is dealing in commodities futures markets is essential to the G8 aim of reducing oil price volatility, the head of the International Energy Agency said.

KHALEEJ TIMES

Front page

Obama hails ‘historic consensus’ on climate change
Barack Obama hailed a 'historic consensus' on Thursday on cutting pollution, saying rich nations had a duty to set an example, as world leaders also agreed to shun protectionism at a G8 summit.

Iran police fire tear-gas as thousands mark 1999 unrest
Iranian police fired tear-gas on Thursday as thousands of demonstrators defied government warnings and staged a march to commemorate the anniversary of bloody student unrest in 1999, witnesses said.

Business

ADNOC, ConocoPhillips sign Shah Gas Field deal
Abu Dhabi National Oil Company has signed an agreement with US energy major ConocoPhillips to jointly develop the nation’s Shah Gas Field, ADNOC said on Thursday.

UAE shares mixed in thin trade ahead of Q2 results
UAE shares ended mixed in lacklustre trade on Thursday, with Dubai giving up early session gains to hit a seven-week low, and Abu Dhabi barely changing, as investors were unwilling to take firm positions in the run-up to the second quarter earnings results.

ARAB NEWS

Front page

Woman drowns in Corniche accident
An 18-year-old woman was reported drowned in the Red Sea off Jeddah’s Corniche on Thursday morning.

China vows to punish Xinjiang rioters
China’s leaders vowed on Thursday to severely punish those responsible for bloodshed in Xinjiang that left at least 156 people dead and exposed deep ethnic tensions.

Business

Curbing extreme oil price volatility - finally on global radars
Oil price volatility has assumed center stage. It is on the global radar screen – albeit with a difference.

Pledge to fight protectionism, warming
The world’s biggest economies on Thursday agreed to fight protectionism and limit global warming as the major emerging powers confronted the Group of Eight rich nations at their Italian summit.

ALJAZEERA

Front page

China quake hits thousands of homes
A magnitude 6 earthquake has hit southwest China, injuring more than 300 people and destroying 10,000 homes, state media says.

Honduran leader quits crisis talks
The military-backed interim president of Honduras has left Costa Rica mid-way through crisis talks over the future leadership of the country.

Business

No new updates

THE DAILY STAR

Front page

Kouchner in Beirut for talks with top Lebanese politicians
French Foreign Minister Bernard Kouchner arrived in Lebanon for a series of talks with leading politicians, with the ongoing Cabinet formation tussle topping the agenda.

Israel returns Lebanese man who crossed border
A Lebanese man who crossed into Israel on Wednesday has been handed over to the Lebanese authorities, the Lebanese Armed Forces (LAF) said on Thursday.

Business

Lebanese CEO sees opportunity in current crisis
Emergent BioSolutions Inc Chairman and CEO Fouad El Hibri insists that good business opportunities often arise in time of crisis, which he considers the best time for entrepreneurs to invest in new projects.

Kuwait’s Zain shares fall after failed sale
Shares of Kuwait’s biggest telecoms firm Zain fell almost 9% on Thursday after the company’s chief executive said there was no deal to sell its African operations to French entertainment group Vivendi.

GULF DAILY NEWS

Front page

Become MPs!
Businessmen were yesterday urged by the Premier to become MPs. "A private sector presence in parliament would give more leverage - and an economic voice in the legislative arena," he said.

Ambassador thanked
A ceremony was held at Gulf Petrochemical Industries Company to thank Bahrain's Ambassador to India, Mohamed Ghassan Shaikho, for expediting the import of equipment needed for the company's carbon dioxide recovery project.

Business

Group to boost ICT awareness
A trade association group has been formally established between a number of local and international information and communications companies.

Danube opens retail complex in Jeddah
Danube Building Materials has expanded into Saudi Arabia. It has opened a BD5.5m ($14.6m), 200,000 square feet retail complex in Jeddah, which also includes a 30,000 square feet warehouse, as part of the expansion of its BUILDMART chain.

By: Staff Reporter
+44 20 8652 3214

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