In Tuesday's Middle East papers

20 October 2009 05:00  [Source: ICIS news]

OMAN TRIBUNE

Front page

His Majesty honours women
His Majesty Sultan Qaboos Bin Said on Monday conferred the Omani women with two Royal Grants. The first grant establishes permanent quarters for the Omani Women’s Associations.

HM issues two Royal Decrees
His Majesty Sultan Qaboos Bin Said has issued two Royal Decrees as follows: Royal Decree No. 61/2009 on transfers and appointments at the Diplomatic Corps.

Business

DTC, Marriott sign Mirbat resort deal
Dhofar Tourism Company (DTC) signed a deal with Marriott International to construct a five-star, 234-room Marriott Resort in Mirbat, Oman.

OAB launches equity fund
In a major development in equity market of the Sultanate, Oman Arab Bank (OAB) has launched an open-ended equity mutual fund, the Oman Al Arabi Fund, on Monday.

KHALEEJ TIMES

Front page

Pakistan cuts deal with anti-American militants
Pakistan’s army, in the midst of a major new offensive against Taliban militants, has struck deals to keep two powerful, anti-US tribal chiefs from joining the battle against the government, officials said on Monday.

First day of Iran nuke talks inconclusive: Diplomats
A first day of talks to get Iran to send most of its enriched uranium abroad ended inconclusively on Monday, with Tehran remaining uncommitted, diplomats told The Associated Press.

Business

MoF buys out Emirates Industrial Bank
The UAE’s Ministry of Finance on Monday completed the acquisition of the Emirates Industrial Bank by buying the remaining 49% of the company that it did not already own from 13 UAE-based entities.

Etisalat unveils first self-branded mobile
In a double product launch, Emirates Telecommunications Corporation, or etisalat, on Monday introduced its first self-branded mobile phone and unveiled what it says is the fastest fixed broadband Internet service in the Middle East.

ARAB NEWS

Front page

Coeducation for kids being tried
The Ministry of Education has not backed away from a trial to allow boys up to third year to study in private elementary schools for girls, a senior education official announced on Monday.

No outright win for Karzai
UN-backed fraud investigators on Monday threw out nearly a third of President Hamid Karzai’s ballots from Afghanistan’s disputed August election, setting the stage for a runoff.

Business

Joint Gulf power grid to be ready by 2011
The final phase of a joint power grid for GCC countries will be completed by early 2011, announced Saleh Bin Hussein Al-Awaji, deputy minister for water and electricity, at a conference and exhibition held at the Marriott Hotel on Monday.

Saudi petroleum products find new markets in Africa
Saudi Arabia’s blended petroleum products will now be available in Sudan and later in certain other markets in the region, with the signing of a multimillion-riyal open-ended deal between Jeddah-based Arabian Petroleum Supply Co (APSCO) and a subsidiary of Malaysia-based PETRONAS here on Sunday.

TEHRAN TIMES

Front page

Iran, Pakistan should set timetable to deal with terrorists: Ahmadinejad
Iranian President Mahmoud Ahmadinejad has said it is essential to counter terrorism, and Iran and Pakistan should set a timetable to seriously deal with terrorists in the region.

Iranian artworks among top ten of Bonhams auction
Four Iranian artists ranks in Bonhams’ top ten, the international fine art auction house.

Business

Philippine economy falls victim to twin storms
Powerful storms that claimed nearly 1,000 lives in the Philippines have also taken a heavy toll on the nation’s economy, with the impoverished Southeast Asian nation expected to take years to recover.

Japan economy improves in all nine regions, BOJ says
The Bank of Japan said the economy is improving in all of the country’s nine areas as the nation emerges from its worst post-war recession.

ALJAZEERA

Front page

Fraud pushes Karzai to poll runoff
Hamid Karzai, Afghanistan’s president, is under pressure to accept a runoff vote after a UN-backed election watchdog recommended that nearly a third of ballots apparently cast in his favour be scrapped, diplomatic sources have told Al Jazeera.

Obama to offer Sudan ‘incentives’
The US has said it will renew tough economic sanctions against Sudan soon, but also promised broad engagement with Khartoum in an effort to end the "ongoing dire human consequences of genocide" in Darfur.

Business

No new updates

THE DAILY STAR

Front page

Sleiman: Unity cabinet must be ‘constitutional’
President Michel Sleiman stressed on Monday that Lebanon seeks to form a national-unity cabinet in accordance with constitutional and democratic norms, regardless of the necessary time needed to reach a consensus over the issue.

Israel planted spy devices after 2006 war, says Hizbullah
Spying devices destroyed in south Lebanon over the weekend were planted by Israel after the conclusion of the 2006 war, Hizbullah said on Monday.

Business

ILO projects Mideast unemployment rate to range between 9 and 11%
The unemployment rate in the Middle East region is rising to between 9 and 11% this year, said the director general of the International Labor Organisation (ILO) Juan Somavia on Monday, which he described as being "only the tip of the iceberg".

Lebanon receives Egypt gas to run Deir Ammar plant
Caretaker Energy and Water Minister Alain Tabourian announced on Monday that Egypt has started delivering natural gas to Deir Ammar power station in the north, stressing that this move will allow Lebanon to save up to $240m on its energy bill alone each year.

GULF DAILY NEWS

Front page

Bahrain ‘weathering financial storm’
Bahrain has succeeded in withstanding the worst effects of the global financial crisis and is set to rebound strongly.

Pioneering show for mother and babies
The first Mother and Baby Show will be held next month at the Bahrain International Exhibition and Convention Centre (BECCA), it was announced yesterday.

Business

Tadhamon Capital opens HQ at Financial Harbour
Tadhamon Capital, one of the newest Islamic investment companies in Bahrain, officially opened its new corporate headquarters at GBCORP Tower, Bahrain Financial Harbour yesterday.

$20m net profit
Gulf Hotels Group (GHG) posted a net profit of BD7.529m ($19.974m) for the first nine months of this year, an increase BD1.023m or 16% over the BD6.506m achieved in the same period last year.

By: Staff Reporter
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