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Sunday, October 30, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Arab Bank announces 12% growth in net profits until end of September 2011
Arab Bank announced Saturday in a press release that net profit for the period ending September 2011 increased by ...

Abu Dhabi launches Facebook contest
The Abu Dhabi Urban Planning Council has launched a Facebook contest for students as part of its UniverCity ...

Cityscape Riyadh likely to attract 10,000 visitors
The Riyadh International Urban Development and Real Estate Investment Event - Cityscape Riyadh 2011, has announced ...

Zimbabwean man claims prostitute turned into donkey
A Zimbabwean man has told a court that he hired a prostitute who during the night transformed into a donkey, and ...

Qatar Electricity and Water Achieves 25.5% Increase in Profits in 9 months
Qatar Electricity and Water Company on Saturday announced that the company's board, headed by HE Deputy ...

Berlin Occupy March Airs Mixed Messages
Berlin's version of the global Occupy Wall Street protests marched through the city Saturday, its message a ...

Expat finds wife with Kuwaiti in his apartment
A foreigner filed a complaint against his wife after he caught her with a citizen inside their apartment in Salmiya. ...

India firm launches gold, diamond 'cash machine'
An Indian company has launched what it says is the world's first "cash machine" that dispenses gold and silver ...

Air France strike hits Abu Dhabi services
Air France continued its operations in Dubai and 80% of its network worldwide while its Abu Dhabi services were ...

Chinese prisoners buy pets, alcohol
Guards at a jail in northern China sold luxuries including pure-breed dogs, spirits and mobile phones to inmates, ...

Foreign earnings of Saudi firms soar
Companies listed on the Saudi stock market are deriving an increasing share of their revenues from abroad. In 2010 ...

Cyber Attack Hits 760 Companies
A massive cyber-attack that led to earlier this year also victimized Google, Facebook, Microsoft and many ...

Qantas Strike: Australian Airlines Ground All Flights
Australia's largest airline company Qantas was grounding its entire flights and locking out its staff due to ...

Drunk 'party-goer' urinates on police officers in Kuwait
Police arrested two men, including a senior officer in the military intelligence wing, for indulging in immoral acts ...

Argileh causes a significant deterioration in heart, lung function - study
A single session of smoking argileh causes a significant deterioration in heart and lung function, according to a ...

UAE- Newborn's body found in garbage; mother held
Mother of a newborn baby boy was arrested by the Ras Al Khaimah Police after the body of the baby was found ...

Suez Canal September Revenues at $438.3 million
Revenue from Egypt's Suez Canal rose 6.9 percent on a year earlier to 438.3 million in September, down 7.3 ...

Qatar- Pearl GTL Plant to Reach Full Production Mid-2012
As the implementation of the first phase of the world's largest gas to liquids plant, based in Ras ...

Kuwait's Noor signs bank debt restructuring deal
Going forward in implementing its plan to convert its financial obligations from short-term facilities to long-term ...

Whopping fine on parked car dating back to 208AD
Police in Sicily issued a whopping 32,000 euros fine for an illegally parked car after totting up 2,000 ...

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