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They say the way Gates let the commander of troops in Afghanistan go was rude.

Saudi Arabia: The Saudi Tadawul Index could not follow the bullish pace of the other GCC markets and closed 0.68% lower at 5,933.54 points. Saudie insurers in particular pulled the market down due to profit booking: SABB Takaful (off 9.88%), Saudi Fransi Cooperative Insurance Company (down 6.96%) and Saudi Arabian Cooperative Insurance Company (5.53% lower) posted the biggest losses. Emaar The Economic City advcanced by 1.42%. [AMEInfo.com]

Creditors face ugly choice as GM bankruptcy looms

Jordan: On June 1, Royal Jordanian will start operating a direct, regular, twice-weekly service between Amman and the Libyan city of Benghazi. [AMEInfo.com]

Oman: Nawras was honoured to receive appreciation from the Ministry of Manpower during a recent celebratory ceremony held under the auspices of His Excellency Maqbool Bin Ali Sultan, Minister of Commerce and Industry. [AMEInfo.com]

Kuwait: Gulf Bank recently initiated preparations to provide additional corporate financing to the market up to a total sum of nearly KD300m available. [AMEInfo.com]

Saudi Arabia: Al Tayyar for Tourism and Real Estate Investment, the newly established Riyadh-based company which is part of Al Tayyar Travel & Tourism Group, unveiled today a selection of luxury hotel rooms and suites inside the Kingdom and abroad. [AMEInfo.com]

Qatar: Qatar Telecom has launched a $5bn global medium-term note program on the London Stock Exchange to fund the company’s corporate operations. 'The company is holding meetings with global fixed income investors to ascertain investor interest,' the telecom operator said in a statement today. <BR> <BR> [AMEInfo.com]

Oman: Topaz Energy & Marine, a unit of Oman's Renaissance Services, has won a contract worth 38.5 million rials ($100m) from Agip KCO in Kazakhstan. Topaz will build, own and operate six barges for the Kashagan oilfield in the Northern Caspian, Renaissance said in a statement. The contract calls for six ice-class barges to be deployed in 2010 comprising three cutting, one liquid-mud and two flat-top barges, the statement added. [AMEInfo.com]

Jordan: Trader Vic's Amman held a private lunch for representatives of the local media and press lately following the launch of its "Family Friday Lunch" for the summer of 2009. [AMEInfo.com]