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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Thursday, 6 March 2008

US universities bag $60mn Saudi deal
Stanford and Berkeley to develop major science and technology campus at Red Sea university Kaust.


Bahrain races for inflation aid deadline
Political row delays approval of $106mn payout to help low-income families hit by price rises.


Professor axed over Danish cartoons
American lecturer sacked after publishing caricatures of the Prophet Mohammed on his personal website.


France upholds freeze on Saddam yacht sale
$34mn vessel remains docked in Nice harbour as ownership wrangle continues.






Dewa holding off on return to debt market
State utility waiting for market to recover as it looks to fund $19bn investment plan.




When is a Ferrari not a Ferrari?
When it has been stretched by an additional 3 metres to make it the fastest limousine in the world.




Opec refuses to raise output despite $100 oil
High prices driven by factors beyond Opec's control, cartel says in face of US pressure.




Clinton survives another day
New York senator narrowly escapes elimination from democratic party race.


Lethal fungus menace to Gulf
'Wheat rust' fungus detected in crops in Iran, poses threat to production across region, FAO warns.


Saudi inflation plan to cost $21bn
Jadwa Investment says kingdom's 17-point plan cost to be spread over three years.


Deaths on Gulf of Aden crossing soar
More than a hundred dead and 200 missing making dangerous crossing from Africa to Yemen, UN says.




Murray just survives as two seeds fall in Dubai Open
Briton relieved after almost stumbling to defeat to relative unknown.


French federation appalled at Paris-Nice ban threat
Body upset over controversy which has marred run-up to non-UCI sanctioned race.




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