In Monday's Middle East papers

09 November 2009 05:00  [Source: ICIS news]


Front page

eGovernment Services Portal launched
The eGovernment Services Portal (, an electronic gateway to enable citizens and residents to access services offered by government entities, and the National Awareness Campaign was officially launched on Sunday under the patronage of HH Sayyid Haitham Bin Tariq Al Said, Minister of Heritage and Culture.

HM gets Bashir’s message
His Majesty Sultan Qaboos Bin Said has received a written message from President Omar Hassan Al Bashir of Sudan.


Galfar Q3 profit plunges 63.8%
Galfar Engineering & Contracting’s third-quarter profit fell 63.8% missing analysts’ forecasts as profit on contracts and from operations fell.

Weakening dollar not a big concern, says Al Zadjali
The Sultanate is not immediately concerned about the weakening of the dollar as its impact on the domestic prices is not significant since the government has adopted a fixed exchange rate with the greenback, according to HE Hamoud Bin Sangour Al Zadjali, Executive President of the Central Bank of Oman.


Front page

US healthcare faces tough path in Senate
After a landmark win in the US House of Representatives, President Barack Obama’s push for healthcare reform faces a difficult path in the Senate amid divisions in his own Democratic Party on how to proceed.

Dubai repays $1bn aviation bond
The Government of Dubai on Sunday confirmed that it had repaid in full the $1bn in Islamic bonds issued by Dubai Civil Aviation Authority.


Unified credit reporting body set up for ME
Credit bureaus based in the UAE, Bahrain, Oman and Pakistan on Sunday joined forces to set up the Middle East’s first credit reporting association, an initiative that is expected to pave way to the formation of a unified credit bureau encompassing all countries of the region.

2,800 UAE nationals, residents received services from ‘Jobs Abu Dhabi’
More than 2,800 UAE nationals and residents received services from Jobs Abu Dhabi, in which 40% are Emiratis, Samir Abdul Latif, strategy and planning director at the Abu Dhabi Systems and Information Centre (ADSIC), said on Sunday.


Front page

Infiltrators to face death
Saudi armed forces will not enter Yemen, Prince Khaled bin Sultan, assistant minister of defence and aviation for military affairs, announced on Sunday.

Bomber kills 13 near Peshawar
A suicide car bomber struck near a busy livestock market on the outskirts of Pakistan’s Peshawar city on Sunday, killing 13 people including a former Taleban sympathiser turned anti-militant mayor, police said.


PetroRabigh complex to help boost economy
The launch of the Rabigh Refining and Petrochemicals (PetroRabigh) complex on Sunday would contribute to the strengthening of the national economy, while boosting Saudi-Japanese economic relations, said Minister of Petroleum and Mineral Resources Ali Al-Naimi.

ICIEC joins global bandwagon
The accession of the Jeddah-based Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group, as a permanent member of the Berne Union, the international organisation and community of leading export credit and political risk insurers, is a major achievement.


Front page

Iran’s first priority is buying uranium for Tehran reactor
Iran will only exchange its low-enriched uranium after it receives the 20% enriched uranium promised in the latest nuclear deal, a leading lawmaker said on Sunday.

Gorgan to host Iranian tribal culture festival
The third edition of the Culture Festival of Iranian Tribes will be held in the northern Iranian city of Gorgan, Golestan province.


Chinese premier pledges funds, aid to Africa
China’s premier on Sunday pledged $10bn in low interest loans to African nations over the next three years and said Beijing would cancel the government debts of some of the poorest of those countries.

UK gives impetus to global banks tax
Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it fly.


Front page

Floods ravage storm-hit El Salvador
More than 120 people have been killed by floods and mud slides in El Salvador after a weekend of heavy rains driven by hurricane Ida.

Iraqi MPs pass delayed election law
Iraq’s parliament has approved a long-delayed law governing national elections scheduled to be held next January, officials have said.


China pledges $10bn in Africa loans
The Chinese government has pledged to give African countries billions of dollars in cheap loans at a two-day Africa-China summit in Egypt.

US jobless rate hits 26-year high
The latest official data shows that the unemployment rate in the United States touched 10.2% in October, the highest since 1983.


Front page

14 March Christians to still agree on seat distribution
Senior political leaders have approved the distribution of ministries in a new government, five months after June’s parliamentary elections, but further negotiations await to appease 14 March Christian politicians, officials said on Sunday.

Dar al-Fatwa instigates administrative reforms after media questions integrity
Lebanon’s highest Sunni authority Dar al-Fatwa, has condemned media campaigns questioning the body’s financial integrity and transparency, as leading Sunni political figures voiced support for the mufti of the Republic and the council’s national role.


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Front page

Saudi backed
Bahrain yesterday pledged full support for Saudi Arabia in defending its security and stability against rebel infiltration.

Glittering array of gems for expo display
Glittering gems, fine jewellery and luxury watches will be showcased at a major exhibition opening in Bahrain next week.


New vow to promote Bahrain businesses
Promoting Bahrain-based businesses must become a priority of the Bahrain Chamber of Commerce and Industry (BCCI), says BCCI board election candidate Kadem Al Saeed.

SICO third quarter profit hits $4.2m
A strong performance across all its operations saw Bahrain-based Securities & Investment Company (SICO) bounce strongly into the black in the third quarter.

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