In Thursday's Middle East papers

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

OMAN TRIBUNE

Front page

Peshawar car bomb blast massacres 95
A car bomb tore through a packed market in Peshawar on Wednesday, killing 95 people and trapping casualties under pulverised shops, in one of Pakistan’s deadliest attacks.

High demand for H1N1 vaccine
HE Ahmed Bin Mohamed Al Saidi, undersecretary at the Ministry of Health Affairs, has praised the high demand for H1N1 vaccine, especially among Haj pilgrims.

Business

Recession out of way, Gulf sees rough road ahead
From banks to property firms, executives across the Gulf region and Egypt believe the worst of the financial downturn is over, but many warned of more bumps along the way.

Gulf’s new gold investment vehicle facing uphill drive
The Gulf region’s first gold exchange traded commodity (ETC), a new investment vehicle launched earlier this year, is seeing only modest growth due to regional unfamiliarity with the product.

KHALEEJ TIMES

Front page

Car bomb in Pakistan kills 105
Suspected militants exploded a car bomb in a market crowded with women and children on Wednesday, killing 105 people and turning shops selling wedding dresses, toys and jewellery into a mass of burning debris and bodies.

Runaway boy gives parents sleepless night
In a span of 17 hours, 10-year-old Aswin put his Sharjah-based parents through extremes of sorrow and relief.

Business

Investors flock to Dubai’s sukuk sale
Dubai on Wednesday successfully placed nearly $2bn in new five-year Islamic bonds, the biggest sukuk sale from the Gulf region this year, which received a hearty response reflecting renewed investor confidence in the emirate and lifting doubts about its ability to meet its debt obligations, analysts and bankers said.

Economy to post better growth in 2010: Al Mansouri
The UAE Minister of Economy Sultan bin Saeed Al Mansouri on Wednesday said the UAE economy is set to post better growth rate in next year than the current year.

ARAB NEWS

Front page

Al Arabiya TV sued for ‘blasphemy’
A case has been filed against the popular news channel, Al Arabiya, at the summary court in Jeddah for allegedly making fun of Islam, said Muhammad Mirdad, a judge at the court.

111 die on a day of carnage
A huge car bomb killed a hundred people in Pakistan and Taliban gunmen struck a UN hostel in Afghanistan on Wednesday in a wave of bloodshed as US Secretary of State Hillary Clinton arrived in Islamabad.

Business

Saudi benchmark for sukuk favoured
The strength of Saudi Arabia’s public finances should not prevent the government from issuing sovereign Islamic bonds – or sukuk – which will be critical to the development of corporate sukuk issues, bankers said.

Colombo-Dammam flight launched by SriLankan
SriLankan Airlines announced on Wednesday the addition of another flight to its Colombo-Dammam route, thus adding to the lucrative Middle Eastern tourist market.

TEHRAN TIMES

Front page

UN approves nuclear disarmament resolution proposed by Iran
The UN General Assembly on Tuesday approved a draft resolution proposed by the Islamic Republic of Iran on total nuclear disarmament amid strong opposition by the major powers.

IRIB launches Imam Reza (AS) online TV channel
Iran launched Imam Reza (AS) online TV channel in a ceremony held on Tuesday at the IRIB Organisation.

Business

US, China open high-level trade talks
Ministers from the United States and China opened key trade talks on Wednesday, with Washington looking to make progress on several disputes ahead of a visit by US President Barack Obama.

US durable goods orders rebound in September
New orders for US manufactured durable goods rose 1.0% in September, the second rise in three months as the sector stabilises amid recovery from recession, official data showed on Wednesday.

ALJAZEERA

Front page

Pakistan mourns Peshawar bomb dead
The first funerals have been held for some of the 105 victims of a massive car bomb attack that tore through a crowded market in the Pakistani city of Peshawar.

UN ‘undeterred’ by Kabul attack
A deadly attack on a guest house used by United Nations staff in Kabul will not stop the UN from carrying out its mission in Afghanistan, the UN secretary general has said.

Business

No new updates

THE DAILY STAR

Front page

Lebanese Army discovers four rockets in southern village
The Lebanese Army said on Wednesday it found and deactivated more rockets in an area from where a similar device had been fired into Israel.

Administrative problems delaying cabinet – Sleiman
President Michel Sleiman said on Wednesday that the current cabinet crisis was an administrative rather than a political one since all parties have reached an agreement on the cabinet’s structure as well as their ministerial shares.

Business

Dubai issues $2bn worth of Islamic bonds to boost confidence in the debt-laden emirate
Dubai’s government placed almost $2bn in new five-year Islamic bond issues on Wednesday, and bankers said the successful subscription would boost investors’ confidence in the debt-laden Gulf Arab emirate.

Ford chooses Chinese company Geely to bid for Volvo Cars marque
US auto giant Ford Motor Co said on Wednesday it had picked Chinese carmaker Geely as preferred bidder for Volvo Cars, its premium Swedish nameplate.

GULF DAILY NEWS

Front page

Strong Dubai ties hailed
His Majesty King Hamad bin Isa Al Khalifa yesterday met UAE Vice President, Premier and Dubai Ruler Shaikh Mohammed bin Rashid Al Maktoum at Zabeel Palace and discussed strong relations, stressing Bahrain’s keenness to promote cooperation.

Jobs plan For 185,000
A masterplan to put 185,000 Bahrainis into jobs as they leave school, college or university over the next five years was unveiled yesterday.

Business

GFH rights issue tops $200m
Gulf Finance House (GFH) yesterday announced that receipts from its rights issue have now passed the $200m mark.

$211m Batelco profit
Batelco’s net profit increased by 1.5% to BD79.5m ($210.9m) in the first nine months of this year, it was announced yesterday.

 

By: Staff Reporter
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