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Tuesday, November 1, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Aldar to reduce workforce by 24%
Aldar Properties on Monday said it will reduce its workforce by 24 per cent as part of the company's restructuring ...

Saudi- Nitaqat: Expats feel the pinch
The recent introduction of the Labor Ministry's Nitaqat system, meant to increase employment among nationals, has ...

Saudi- Jubail will have SR1bn industrial complex
Jacobs Engineering has signed a deal with IDEA Soda Ash and Calcium Chloride Company to provide engineering ...

Qatar- Qtel Discloses Interim Financial Statements
Qatar Telecom Company disclosed Monday the interim financial statements for the period ending September ...

UAE- Free travel on public transport today
Residents in the city holding the Nol card will be able to ride the metro, public buses and water taxis today for ...

UAE- Arabtec's net profit surges fivefold in Q3
The UAE's biggest construction group Arabtec Holding on Monday announced more than five-fold year-on-year jump in ...

UAE- Crude oil at $80-100 can fuel investments
The UAE Energy Minister Mohammed bin Dha'en Al Hamili said on Monday that crude-oil prices in the $80-$100 range ...

Saudi- Final touches being put to rainwater drainage projects
Sultan Al-Dosary, general manager of the research and public relations department at the Makkah governorate, confirmed ...

Saudi- Accommodating pilgrims in school buildings banned
The Central Haj Committee has banned the lodging of pilgrims in private school buildings. Arranging pilgrim ...

Israel Reopens Karem Abu Salem Crossing
Israeli occupation authorities reopened Karem Abu Salem border crossing on Monday to allow goods to be ...

Steve Jobs: 'Oh wow. Oh wow. Oh wow'
Steve Jobs: Oh wow. Oh wow. Oh wowNEW YORK, Oct 31, 2011 -- Apple co-founder Steve Jobs last words were "Oh wow. Oh wow. ...

Palestinian lawmaker gets 30 years in jail
The Salem military court sentenced Palestinian lawmaker Jamal Al-Tirawi of President Mahmoud Abbas' Fatah movement to ...

Bus driver stabbed in Kuwait
Police are looking for four unidentified persons for stabbing a bus driver and stealing his money, reports Alam ...

Pizza workers burn down rival store
The battle for pizza supremacy has taken a wrong turn in Florida. Two managers of a Domino's Pizza restaurant ...

Drunk, naked driver goes on Moscow rampage
Moscow police on Sunday arrested a man who went on a rampage through the Russian capital while drunk and naked ...

UAE- 3 on trial over arson threat
Three men, including two Emiratis and a stateless person, were on trial on Monday in the Court of First ...

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