MIDDLE EAST, English

Claim Saudi princes laundered Hezbollah money "fanciful" - lawyer

Hezbollah allegation is likely to raise concern in Saudi Arabia   Read More | View Original Article

Claim Saudi princes laundered Hezbollah money "fanciful" - lawyer

Hezbollah allegation is likely to raise concern in Saudi Arabia Read More | View Original Article

JPMorgan shareholders keep Dimon chairman, CEO

INTERNATIONAL. JPMorgan Chase shareholders Tuesday voted down a shareholder proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory. Read More | View Original Article

Bahrain's Batelco says CEO leaves, former boss steps in

Batelco has appointed Peter Kaliaropoulos as chief operating officer   Read More | View Original Article

Bahrain's Batelco says CEO leaves, former boss steps in

Batelco has appointed Peter Kaliaropoulos as chief operating officer Read More | View Original Article

Solar power brightens Oman oil output prospects

Enhanced oil recovery projects account for a significant volume of natural gas use in Oman   Read More | View Original Article

Solar power brightens Oman oil output prospects

Enhanced oil recovery projects account for a significant volume of natural gas use in Oman Read More | View Original Article

Saudi Arabia detains 10 more in Iran spying case

Sunni Muslim kingdom accuses the Islamic Republic of stirring unrest among Shi'ites minority   Read More | View Original Article

Saudi Arabia detains 10 more in Iran spying case

Sunni Muslim kingdom accuses the Islamic Republic of stirring unrest among Shi'ites minority Read More | View Original Article

Lebanese farmland firm to invest up to $800m in Sudan

Beirut-based GLB Invest, said the firm had leased 78,000 hectares of land Read More | View Original Article

Phase III results: tiotropium* Respimat® effective in symptomatic asthma patients despite at least ICS†/LABA‡ independent of their age, allergic status, smoking status and bronchodilator response

PHILADELPHIA - Tuesday, May 21st 2013 [ME NewsWire]     Tiotropium delivered by the Respimat® SoftMistTM Inhaler increases time to first severe exacerbation and first episode of asthma worsening across a broad spectrum of patients who remain symptomatic despite at least ICS/LABA therapy    The improvements in lung function with tiotropium were specific to asthma patients; as a co-morbid condition, chronic obstructive pulmonary disease (COPD) was excluded in this trial (BUSINESS WIRE)-- For Media outside the U.S., Canada and UK Read More | View Original Article

Iranians face new Internet curbs before presidential election

Previous elections have seen protests organised via social media sites such as Twitter and Facebook Read More | View Original Article

Iranians face new Internet curbs before presidential election

Previous elections have seen protests organised via social media sites such as Twitter and Facebook Read More | View Original Article

Iranians face new Internet curbs before presidential election

Previous elections have seen protests organised via social media sites such as Twitter and Facebook  Read More | View Original Article

Phase III results: tiotropium* Respimat® effective in symptomatic asthma patients despite at least ICS†/LABA‡ independent of their age, allergic status, smoking status and bronchodilator response

PHILADELPHIA - Tuesday, May 21st 2013 [ME NewsWire]     Tiotropium delivered by the Respimat® SoftMistTM Inhaler increases time to first severe exacerbation and first episode of asthma worsening across a broad spectrum of patients who remain symptomatic despite at least ICS/LABA therapy    The improvements in lung function with tiotropium were specific to asthma patients; as a co-morbid condition, chronic obstructive pulmonary disease (COPD) was excluded in this trial (BUSINESS WIRE)-- For Media outside the U.S., Canada and UK Read More | View Original Article

Egypt tourist arrivals rise, not back to pre-revolt levels

Around 4 million tourists visited Egypt in the first four months of 2013 Read More | View Original Article

مؤتمر إعلامي عبر شبكات الاتصال بعنوان: أهمية المعايير الدولية في إدارة العجز في التمويل الإسلامي

نظرة خاصة على دور المملكة العربية السعودية في إعادة هيكلة الديون غير المسددة لمجموعتي سعد والقصيبي يوم الثُّلَاثاء 21 مايو 2013 [ME NewsWire] (بزنيس واير): يرجى انضمامكم إلى د. روبرت شابيرو في المؤتمر الذي سيجري عبر شبكات الاتصال، مع قيامه بإصدار تقرير جديد حول فشل المجموعتين السعوديتين، مجموعة سعد ومجموعة القصيبي، وإدارة تخلّفهما عن سداد الديون وإعادة هيكلتها. وسيقيِّم د. شابيرو مجموعة من الأسئلة المطروحة حول تعاطي الحكومة السعودية مع عملية إعادة الهيكلة وتأثير ذلك على التمويل الإسلامي ومناخ الأعمال السعودية. Read More | View Original Article

Qatar should consider more flexible exchange rate

Ditching dollar peg in favour of Singapore-style currency regime would reduce inflation risk says central bank official   Read More | View Original Article

Qatar should consider more flexible exchange rate

Ditching dollar peg in favour of Singapore-style currency regime would reduce inflation risk says central bank official Read More | View Original Article

Media Teleconference: The Importance of International Standards in Managing Defaults in Islamic Finance

 - Tuesday, May 21st 2013 [ME NewsWire] (BUSINESS WIRE)-- Please join Dr. Robert Shapiro for a teleconference as he releases a new report on the failure of two Saudi Arabian conglomerates, the Saad Group and the Algosaibi Group, and the management of their debt defaults and restructurings. Dr. Shapiro will assess a number of questions raised about the Saudi Government’s handling of the restructuring process and the impact on Islamic finance and the Saudi business climate.         WHO:       Read More | View Original Article

Phase III results: tiotropium* Respimat® effective in symptomatic asthma patients despite at least ICS†/LABA‡ independent of their age, allergic status, smoking status and bronchodilator response

PHILADELPHIA - Tuesday, May 21st 2013 [ME NewsWire]     Tiotropium delivered by the Respimat® SoftMistTM Inhaler increases time to first severe exacerbation and first episode of asthma worsening across a broad spectrum of patients who remain symptomatic despite at least ICS/LABA therapy Read More | View Original Article

Vodafone annual profits slump 90% on eurozone woes

(MENAFN - AFP) British mobile phone giant Vodafone on Tuesday reported a 90-percent plunge in annual net profit after taking a vast impairment charge relating to poor business in debt-laden eurozone ... Read More | View Original Article

Microsoft readies new Xbox as entertainment hub

(MENAFN - AFP) Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets.A tented ... Read More | View Original Article

JPMorgan shareholders keep Dimon chairman, CEO

(MENAFN - AFP) JPMorgan Chase shareholders Tuesday rejected a proposal to split the chairman and chief executive roles, handing bank chief Jamie Dimon a big victory.The shareholder proposal to split ... Read More | View Original Article

Softbank to issue record bonds for Sprint takeover

(MENAFN - AFP) Japanese mobile operator Softbank said Tuesday it planned to raise $3.9 billion through a record bond issuance in June to finance its proposed takeover of US firm Sprint ... Read More | View Original Article

Ryanair mulls Poland-Israel route for Auschwitz trips

(MENAFN - AFP) Low-cost European airline Ryanair is looking at introducing flights between Israel and Poland to cater for Israeli schoolchildren visiting the former Nazi death camp at Auschwitz."It ... Read More | View Original Article

Indonesia approves DBS purchase of Danamon stake

(MENAFN - AFP) Indonesia on Tuesday approved the purchase by Singapore's DBS of a 40 percent stake in Bank Danamon, but demanded the city-state open up its financial sector before any full ... Read More | View Original Article

SkyWest says to buy 100 Embraer jets

(MENAFN - AFP) SkyWest, Inc. announced Tuesday it has struck an agreement with Brazil's Embraer for the purchase of 100 new E175 jet aircraft, with 40 considered firm deliveries.The deal also ... Read More | View Original Article

Europe stocks trade mixed, London beats 13-year peak

(MENAFN - AFP) European stock markets diverged on Tuesday, as London shot past its 13-year peak amid stimulus policies from top world central banks and a barrage of company results, dealers ... Read More | View Original Article

European power firms sound alarm over energy policy

(MENAFN - AFP) French group GDF Suez led an attack by eight leading European power companies on EU energy policy on Tuesday, saying it had "failed" and was destroying parts of the sector.In what he ... Read More | View Original Article