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Thursday, 20 March 2008

	Kuwait ruler dissolves parliament Fresh election called for May following mass resignation of cabinet due to political deadlock. Kuwait parliament faces being dissolved
Gulf markets rebound on Fed cut Kuwait leads the charge, but Saudi and Dubai unable to shake off concerns of global slowdown.
Dubai low-cost carrier to operate from Jebel Ali Airline already in talks with manufacturers Boeing and Airbus to buy p***s, CEO says.
UAE road deaths down on new traffic law Fatalities drop 14% following introduction of harsh new penalties, ministry reveals.
Dubai 40th most expensive city City more costly than Hong Kong, but cheaper than Moscow, finds purchasing power report by UBS.


Construction & Industry »
	UAE plans largest petrochemical complex in world 'Multi-billion dollar' development in Abu Dhabi part of efforts to diversify economy.

Banking & Finance »
	Gulf states cut rates, further fuel inflation Saudi, Bahrain and UAE follow US and lower rates, Kuwait leaves benchmark rate unchanged. Fed cuts key interest rate by 0.75%

Politics & Economics »
	Reformists demand new Tehran reckoning Pro-reform leaders call on legislative watchdog to recount all votes in Iranian capital.
Gulf states relax border ID rules Saudi, Kuwait and Qatar to allow citizens to travel between them without passports by end of year.

Transportation »
	Free parking in Dubai on Thursday Dubai motorists receive parking bonus as emirate celebrates birthday of Prophet Mohammed.

Sport »
	Kuznetsova books Indian Wells semi-final spot World No.3 beats Poland's Radwanska to avenge an Australian Open defeat.
Hoogie sinks at European tournament Three-time Olympic champion 'bewildered' as he fails to qualify for 200m freestyle final.

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Free parking Thursday; Road deaths down after traffic law; Gulf rate cuts fuel further inflation