In Friday's Middle East papers

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

OMAN TRIBUNE

Front page

Horse sports mark HM visit, marine festival lined up
The Wilayat of Sohar, in coordination with Oman Equestrian Federation, organised traditional horse sports at Seih Al Makarim in Sohar to mark His Majesty Sultan Qaboos Bin Said’s visit to Al Batinah region as part of his Royal Tour, on Thursday.

US challenged over Gaza report charges
The author of a UN report accusing Israel and the Palestinian Hamas group of war crimes in the Gaza conflict challenged the United States on Thursday to justify its charge that the findings were flawed.

Business

Opec may raise output targets at December meeting
Opec ministers would raise the group’s output targets at their December meeting if oil inventories fall back and the world economy recovers more, Opec’s secretary-general said on Thursday.

Fed proposes rules to curb risk taking bonuses
The Federal Reserve unveiled rules on Thursday to curb incentive compensation at banks that encourages "excessive risk-taking" and thereby threatens the stability of the financial system.

KHALEEJ TIMES

Front page

US lawmakers unveil new Iran sanctions bill
US lawmakers unveiled new Iran sanctions legislation on Thursday that could bar major global telecommunications giants that do business with the Islamic republic from lucrative US government contracts.

Israeli court rejects separate West Bank road
Israel’s Supreme Court ruled on Thursday against military regulations prohibiting Palestinian motorists from using a West Bank road.

Business

Emaar back to profit
Emaar Properties PJSC returned to profit in the third quarter by posting a net profit of Dh655m, largely due to bigger margins on property delivered during the period, the UAE’s biggest property developer said on Thursday.

Etisalat introduces free national landline calls for businesses
Etisalat launched on Thursday a new plan that would enable all "business landline to business landline" calls within UAE free of charges.

ARAB NEWS

Front page

Ministry issues guidelines on behaviour abroad
The Ministry of Foreign Affairs has produced guidelines on how Saudis should behave when abroad.

Top services promised for Haj pilgrims
More than 3,000 foreign pilgrims on 19 flights arrived at the King Abdulaziz International Airport (KAIA) on Tuesday, the first day for the arrival of Haj flights in the present Haj season.

Business

GCC boasts $1 trillion fund industry
The $1 trillion GCC fund market offers rare opportunities to global investors and fund managers.

SR100m blending plant set to go on stream by mid-2010
Petromin Corporation on Wednesday unveiled its new logo and new business strategies, and announced its new SR100m blending plant, which will go on stream in the second quarter of 2010 and will further boost its annual production capacity.

ALJAZEERA

Front page

Pakistan fighting sparks exodus
Tens of thousands of Pakistanis have been forced to leave their homes in South Waziristan as the Pakistani military engages in fighting with the Taliban.

Quake shakes Pakistan, Afghanistan
An earthquake of magnitude 6.2 has shaken buildings across northern Afghanistan and Pakistan.

Business

No new updates

THE DAILY STAR

Front page

US: Joint drill with Israel will help Europe missile shield
A major air defence exercise launched with Israel this week will help the United States craft its European missile shield, a US commander said on Thursday.

US envoy to UN pays quiet visit to West Bank
US ambassador to the UN Susan Rice paid a quiet visit to the West Bank on Thursday a day after she gave a speech in Israel denouncing international "anti-Israel vitriol".

Business

Microsoft launches Windows 7 in the US
Although no one waits in long lines for a new edition of Windows anymore, the debut on Thursday of Microsoft’s latest software that runs PCs is part of why buying a computer is starting to feel fun for the first time in years.

EU donates to Lebanon $64m to improve human rights
The European Commission donated to Lebanon €43m ($64.43m) under the 2009 Annual Action Programme aimed at supporting reform and human rights, the body said on Thursday.

GULF DAILY NEWS

Front page

BD10m mall to open soon
A new BD10m shopping mall in Malkiya, which has been in the pipeline for seven years, will finally open to the public in December, it was announced yesterday.

US scandal officer ‘retired’
A top officer at the centre of a hazing and sexual assault scandal at a Bahrain-based US Navy unit has been forced out of service for his role, it emerged yesterday.

Business

EWA planning to lease network
The Electricity and Water Authority (EWA) yesterday announced that it plans to lease out the excess capacity of its fibre optic network (FON) to enhance the telecom services in Bahrain through licensed telecom operators.

Profits reflect global setback
Company earnings suggest global economic recovery will be fragile well into next year, with consumers reluctant to spend and businesses fearful to invest.

By: Staff Reporter
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