In Monday's Middle East papers

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


Front page

Oman eyes growing food abroad: Maqbool
The Sultanate has set up a committee chaired by the commerce and industry minister to study the food security issue following moves by GCC countries to buy agricultural land in other countries to grow food for their use, according to Minister for Commerce and Industry HE Maqbool Bin Ali Bin Sultan.

Mubarak seeks end to Israeli settlements
Egypt’s President Hosni Mubarak urged Israel to halt "all settlement activity" and warned of the dangers it posed in Occupied Jerusalem, in talks with Israeli Prime Minister Benjamin Netanyahu in Cairo on Sunday.


China hits back at US, opens dumping probe
China said on Sunday it was probing possible unfair trade practices involving imports of US car products and chicken meat, firing back after Washington slapped tariffs on Chinese tyre imports.

S Arabia feels pain of output cuts as Russia captures market
Saudi Arabia sacrificed billions of dollars in revenues this year by cutting oil output to prop up the price of crude, only to see Russia snatch a bigger chunk of the market, analysts say.


Front page

Osama bin Laden warns US
Al Qaeda leader Osama bin Laden issued an apparently new audio tape on a website on Monday, warning the American people over their government’s close ties to Israel.

Differences with US over peace talks: Israel
Israeli Prime Minister Netanyahu, speaking before a key meeting with the Mideast envoy, said that differences remain with the US over resuming peacemaking with the Palestinians.


Full foreign ownership in offing
Two new draft laws, which will be submitted to the cabinet within two months, could see the UAE change its rule on foreign ownership of companies, Economy Minister Sultan bin Saeed Al Mansouri said on Sunday.

Dubai exported food products worth Dh3.5bn in 2008
The value of food products exported by Dubai rose by 17% to Dh3.5bn last year while re-exports recorded a 52% jump to Dh4.1bn during the same period compared to 2007.


Front page

King announces SR1.2bn aid
Custodian of the Two Holy Mosques King Abdullah on Sunday ordered the payment of SR1.17bn in emergency aid in order for poor families to cover their Ramadan and Eid Al-Fitr expenses.

Turki for tough stance on Israel
Prince Turki Al-Faisal, former ambassador to the United States and the United Kingdom, in an Op-Ed piece that appeared in Sunday’s New York Times, called on Israel to return Arab lands if it truly wants peace.


Mobily, Qualcomm sign deal
Etihad Etisalat Company (Mobily) has signed a memorandum of understanding (MOU) with Qualcomm Incorporated, a major developer and innovator of advanced wireless technologies, products and services.

SABIC stocks hit 10-month high
Saudi Basic Industries Corp (SABIC) hit a 10-month closing high, lifting the Saudi benchmark, as investors bet on a global economic recovery boosting earnings, although most other Gulf Arab markets fell.


Front page

Britain should rectify its policy towards Iran: Ahmadinejad
Iranian President Mahmoud Ahmadinejad has advised Britain to rectify its policy toward Iran.

Iran, Italy to perform joint puppetry projects
Iranian stage director Behruz Gharibpur met with Stefano Giunchi, artistic director of the Italian Arrivano dal Mare Puppetry Festival at which event he was awarded the Sirene D’oro Prize.


EU pledges €90m aid to Zimbabwe
The European Union said on Sunday ties with Zimbabwe would only normalise once a unity accord is properly implemented, but pledged a further €90m this year to assist the troubled nation.

Japan’s growth slightly less in Q2
The Japanese government said on Friday that its economy grew a revised 0.6% in the second quarter, less than preliminary figures had shown but confirming that the economy crawled out of recession after a year of contraction.


Front page

Zimbabwe PM hits out at Mugabe
Zimbabwe’s prime minister has accused the country’s president, Robert Mugabe, of violating terms of their power-sharing agreement.

Israel sees ‘gaps’ with US on peace
Binyamin Netanyahu, Israel’s prime minister, has said that differences remain with the US over conditions needed to resume peace talks with the Palestinians.


No new updates


Front page

Mubarak calls for end to all Israeli settlements
Egypt’s President Hosni Mubarak urged Israel to halt "all settlement activity" and warned of the dangers it posed in occupied Jerusalem, during talks with Israeli Prime Minister Benjamin Netanyahu in Cairo on Sunday.

Iraq’s spat with Syria backfiring on PM
Iraq’s prime minister is feeling a backlash over a bitter fight he picked with Syria, which he accuses of harbouring Saddam Hussein loyalists suspected in deadly bombings in Baghdad.


Russian, Turkmen leaders seek to settle gas row
Russian President Dmitry Medvedev visited energy-rich Turkmenistan on Sunday, easing tensions over a gas dispute that saw the isolated country reach out to the West.

Egyptian budget airline expects end-of-year launch
A new budget airline formed by Egyptian Travco Group and the United Arab Emirates’ Air Arabia hopes to begin operating by the end of 2009 from as many as five Egyptian airports, the head of Travco said.


Front page

‘Homes for all’ pledge
Bahrain yesterday declared a massive new push to clear the waiting list for government homes.

Best for business!
Bahrain is still one of the best places in the world to do business - and to keep your job, according to figures released yesterday.


Takaful International in Albilad insurance deal
Takaful International has signed an agreement with Albilad Real Estate Investment to provide insurance coverage for the construction of Water Garden City.

Training boost for Bapco staff
Bapco’s security personnel are to receive specialised training to enhance their job-specific knowledge and skills following the launch of a year-long security enhancement training scheme.

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