In Tuesday's Middle East papers

01 September 2009 05:00  [Source: ICIS news]


Front page

Abbas rules out talks till full halt on settlement
Palestinian leaders on Monday categorically ruled out holding any peace talks with Israel until a full and lasting freeze in Jewish settlement.

Bashar describes Iraqi accusations as ‘immoral’
Syrian President Bashar Al Assad on Monday described as "immoral" Iraq’s accusation that Damascus bore some responsibility for attacks inside its territory and again asked Baghdad to produce evidence.


Tenders worth RO2.25bn issued
The Tender Board on Monday held its 10th meeting of the year under the chairmanship of HE Sheikh Abdullah Bin Salim Al Rowas, Minister of Regional Municipalities and Water Resources and deputy chairman of the Tender Board.

Oil slips below $70 as China shares plunge 6.7%
Oil fell more than 4% to below $70 a barrel on Monday as a drop in China’s key stock index dented optimism about the pace of economic recovery and the dollar strengthened.


Front page

Germany, France reinforce Iran sanctions threat
Germany and France on Monday reinforced a call for Iran to respond to concerns about its nuclear programme in September or face tougher sanctions, and said they wanted wide international agreement on those measures.

Mideast peace talks should be open-ended
Israel’s hardline Foreign Minister Avigdor Lieberman said on Monday that any peace Middle East peace talks should be open-ended and vowed to "respond" if Palestinians make good on plans to create a de facto state of their own.


Central Bank cuts key interest rate to 1.5%
The UAE Central Bank is cutting the interest rate on its liquidity support facilities for the nation’s banks to 1.5% from the current level of 2.5%, a step that some economists and analysts believe should lead to lower bank lending rates and faster economic growth.

Dubai rents slide again in August
Apartment rents in most parts of Dubai continued to decline in August, though in some residential areas rents stayed steady and even increased slightly, according to a survey by the Khaleej Times and property management firm Asteco.


Front page

Opinion divided on TV, online fatwa services
The Internet, SMS text messaging and Q&A programmes on satellite television have all made it easy for members of the public to receive answers and clarifications on Islam-related matters.

Inflation down to 4.2%
The Saudi Arabian Monetary Agency (SAMA) announced on Monday that the country’s inflation rate was 4.2% in July, down from 11.1% for the same month last year.


No new updates


Front page

Majlis special committee on post-election unrest meets Judiciary chief
The Majlis special committee on the post-election incidents met with Judiciary Chief Ayatollah Sadeq Larijani on Monday.

Childhood memoirs of Tabrizi sculptor Hosseini to appear on book
Childhood memoirs, originally written by Tabrizi sculptor Ahad Hosseini on pieces of paper, will appear in a book published by the Art Bureau of East Azerbaijan.


NZ economy to emerge from recession in Q4
New Zealand’s economy will start growing again from the December quarter after a prolonged recession, helped by improving business confidence and pent-up demand, a private think tank said on Tuesday.

Malaysia’s labour restrictions hurt business
It is lunchtime at the Wangsa Ukay restaurant in suburban Kuala Lumpur, and regulars are coming in for local favourites like roti canai, chicken curry and tea tarik, the sweet, milky drink that is ubiquitous across Malaysia.


Front page

US ‘needs new Afghan strategy’
The top US general in Afghanistan says Washington and its allies need a new strategy to defeat the Taliban.

Gabon on alert after disputed polls
Soldiers and police have been deployed in Gabon’s capital after three candidates in Sunday’s presidential election claimed victory.


Striking migrants jam Dubai highway

Hundreds of migrant workers hired by a major construction company in Dubai have gone on strike over low wages, in the first sign of unrest in the emirate since the economic crisis.

France and Germany back bank limits
Nicolas Sarkozy, the French president, has met Angela Merkel, the German chancellor, to discuss limiting bonuses given to bankers.


Front page

Assad slams ‘immoral’ accusations by Baghdad over deadly bombing
Syrian President Bashar Assad on Monday described as "immoral" Iraq’s accusations that Damascus bore some responsibility for attacks inside its territory, and again asked Baghdad to produce evidence.

Solana says new Israeli-Palestinian peace talks possible within a month
A top European Union official said on Monday that renewal of Israeli-Palestinian peace talks could be announced in late September, while Palestinian leaders played down expectations of a swift peace deal until Israel completely freezes settlement activity.


Turkey eager to carve out new niche in global fashion industry
Turkey is seeking to carve out a new niche in the global fashion market by promoting its dynamic generation of young designers.

Arab TV banks on Ramadan to offset losses
Arabic television is counting on an explosion of Ramadan serials to restore losses from the global recession, but some concerned Muslims are scrambling to pull the faithful back to prayer during the holy month.


Front page

Road collapse blamed on leaky sewer
A crater, created when part of a busy slip road in Manama caved in, will be repaired within a week, officials declared yesterday.

Dalai Lama lauds Taiwan democracy
The Dalai Lama, on a controversial humanitarian visit to flood-ravaged Taiwan denounced by China, steered clear of talking about Tibet yesterday but said he was dedicated to the promotion of democracy.


Excellence Push
The Central Bank of Bahrain (CBB) has set up a working group with the Bahrain Centre of Excellence which will spend five days looking at the bank’s major operations, its values and key performance indicators.

Hussain named Ithmaar Bank chief executive
Ithmaar Bank has appointed Mohamed Hussain as its new chief executive officer with effect from today.

By: Staff Reporter
+44 20 8652 3214

AddThis Social Bookmark Button

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