Middle East News – Lebanon and Bosnia to serve on Security Council

Lebanon and Bosnia to serve on Security Council
Lebanon and Bosnia-Herzegovina, states whose political and security problems regularly figure on the agenda of the United Nations Security Council, were elected to serve as temporary members of the 15-member world body for the coming two years

Iran’s thermometer begins to overheat
The Tehran Stock Exchange, which often shows the Islamic republic’s political and economic temperature, shrugs off protests at the presidential election results, but market experts warn that another bubble is growing

Egypt’s Mussa mulls presidential run: report (AFP via Yahoo! News)
Arab League chief Amr Mussa said he did not rule out standing for the Egyptian presidency in the next elections in 2011, in comments published on Tuesday.

Asec of Egypt Soon to Sign Sudan Gold Concession Deal (Update2) (Bloomberg)
Oct. 20 (Bloomberg) — Asec Co. for Mining , Egypt s biggest publicly traded mining company, is set to sign an agreement with the Sudanese government for a gold concession in Africa s largest country, Chairman Fayez Gress said.

Egypt opposition chief stays put (AFP via Yahoo! News)
The head of Egypt’s top opposition movement, the Muslim Brotherhood, said on Tuesday that he has handed down some duties but denied reports of his resignation due to a dispute within the ranks.

Distrust caps Kurdish oil exports
The oil minister in Iraq’s northern Kurdish region, Ashti Hawrami, finally got his way this summer, when the Baghdad government agreed to allow oil from the territory to be exported for the first time through the national pipeline

Arab League chief eyes Egyptian presidency (AP via Yahoo! News)
The head of the Arab League indicated in an interview published Tuesday that he may consider running for Egypt’s presidency in elections scheduled for 2011.

Telecom Egypt Interested in Boosting Vodafone Stake, CEO Says (Bloomberg)
Oct. 21 (Bloomberg) — Telecom Egypt , the largest fixed- line operator in the Middle East, is interested in boosting its stake in Vodafone Egypt and is keeping its eyes open for acquisitions, Chief Executive Officer Tarek Tantawy said.

Israel tries to block Gaza report
Israel’s envoy to the UN says that the controversial Goldstone allegations of war crimes are a barrier to resuming peace talks with the Palestinians

Western powers reopen Iran nuclear talks
Iran began fresh talks with world powers on the future of its nuclear programme amid western hopes that Tehran will agree a deal to reduce its stock of low enriched uranium

Jordan, Syria eye $1b trade volume (MENAFN)
Jordan, Syria eye $1b trade volume

Jordan, Syria to sign 13 deals (MENAFN)
Jordan, Syria to sign 13 deals

Dubai begins to expel demons
Traffic jams disappeared over the past year as business activity shrank, but the gloom is starting to clear as cheaper prices encourage consumers

Despite unfounded speculation, Jordan Jefferson is firmly entrenched as LSU’s starting quarterback (New Orleans Times-Picayune)
BATON ROUGE — At the midpoint of a season in which LSU’s goals can still be accomplished, the Tigers don’t need a quarterback controversy, let alone a wholly concocted one.

Qataris sell Barclays stake for 615m profit
Qatar Holding, the biggest shareholder in Barclays, sold a 3.5 per cent stake in the UK bank for a 615m profit, raising speculation that the investment vehicle of the emirate might raise its holding in supermarket group J Sainsbury

Testing the limits of Islamic debt
The $1,000bn Islamic finance industry – made up of complex financial products – is facing its sternest test yet, writes Robin Wigglesworth

Talks on Iran’s nuclear programme stall
The US is leading efforts to secure what would be the first deal over Iran’s nuclear programme in six years, but the Iranian delegation has put up a range of obstacles

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