06 November 2009 05:00 [Source: ICIS news]
Front page
‘Disappointed’ Abbas to quit after elections
Palestinian President Mahmoud Abbas said on Thursday that he had no wish to seek re-election at a presidential poll he has called for January and that he was not ready to debate the issue.
Horse, camel shows mark HM’s visit
IBRI To mark His Majesty Sultan Qaboos Bin Said’s visit to the wilayats in Al Dhahirah region and Buraimi governorate as part of His Majesty the Sultan’s meet-the-people annual Royal Tour, horse and camel shows and exhibition on traditional arts were held at Al Lathila horse race ground in the Wilayat of Ibri under the patronage of HE General Ali Bin Majid Al M’amari, Minister of Royal Office, on Thursday.
Business
European Central Bank holds rates
The European Central Bank kept interest rates on hold at 1% on Thursday and investors are now braced for signs that it will soon start weaning banks off cheap and abundant liquidity.
Bank of England adds £25bn more to stimulus
The Bank of England expanded its quantitative easing programme by £25bn to £200bn on Thursday, continuing its unprecedented scheme to revive Britain’s recession-hit economy.
KHALEEJ TIMES
Front page
UN votes for probes of Gaza war charges
The UN passed a resolution urging Israel and the Palestinians to investigate war crimes charges levelled in a controversial UN report on the Gaza war.
Iran tested advanced nuclear warhead
The UN nuclear watchdog has asked Iran to explain evidence suggesting scientists have experimented with an advanced nuclear warhead design, the Guardian reported.
Business
Emirates H1 net profit surges 165%
Emirates Airline, one of the world’s largest carriers, earned a net profit of Dh752m in the first half of its current financial year, up 165% from a year ago.
DED satisfied with economic yield of F1
The Abu Dhabi Department of Economic Development, or DED, is satisfied with the success of the just-concluded Formula One grand Prix in Yas Marina Circuit as a positioning exercise for the emirate and is confident that it will contribute to the development of Abu Dhabi as a destination of choice to many tourists.
ARAB NEWS
Front page
Yemen rebel attack flayed
Saudi political analysts have denounced the Houthi rebel attack on the Kingdom’s border post and said it was an apparent move to drag the Kingdom into the internal conflict in Yemen.
Yemeni insurgents hit hard
Defence Ministry in Sanaa denied on Thursday Saudi jets hit rebels inside Yemen’s territory.
Business
Kingdom and France aim to increase bilateral trade
Bilateral trade between France and the Kingdom will increase with the coming visit of French President Nicholas Sarkozy, Anne-Marie Idrac, French minister of state for foreign trade said on Tuesday.
Remittances to Pakistan from Kingdom soaring
Overseas workers’ remittances to Pakistan in September this year jumped to $806.12m, a 22% increase over the same month in 2008.
ALJAZEERA
Front page
Abbas: I'll not seek re-election
Mahmoud Abbas, the Palestinian president, has said he will not seek re-election at presidential elections he has called for January saying he had had enough after years of frustration fighting for an independent homeland.
Mass shooting at US army base
A mass shooting at the largest army base in the US has left 12 people dead and at least 31 injured, military officials say.
Business
No new updates
THE DAILY STAR
Front page
Berri threatens solo sit-in to protest cabinet delay
Speaker Nabih Berri reportedly threatened to stage an open-ended sit-in at Parliament, in an effort to resolve the cabinet deadlock as negotiations slowed on Thursday.
American deported to Lebanon denies terror charges
An American citizen convicted on terrorism charges in the United Arab Emirates said on Thursday he confessed under torture and suspected that US authorities played a role in his detention and prosecution in the Gulf country.
Business
Dubai could not be further from down and out
In spite of morbidly gloomy predictions by foreign pundits that Dubai’s bubble had terminally burst, the economy is back on track.
ExxonMobil-led consortium nets 'supergiant' Iraq oil field
An ExxonMobil-led consortium has beaten rival Russian, French and Chinese groups to bag initial rights to develop Iraq’s West Qurna field, the Oil Ministry said, adding momentum to Iraq’s bid to unlock its oil riches.
GULF DAILY NEWS
Front page
How can they get away with this?
A Mother whose 10-year-old son was allegedly abducted by relatives fears she may never see him again, following a court blow yesterday.
Swine flu clamp on schools lifted
Bahrain has lifted an emergency clamp on schools hit by confirmed or even suspected swine flu cases.
Business
Tax inevitable to meet Bahrain's expenditure
The continuing run down of Bahrain's oil and gas reserves means that sooner or later the government will have to levy taxes in the country.
Hempel opens research centre
Hempel Paints yesterday opened a new regional decorative research and development (R&D) centre in Bahrain.
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