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Wednesday, November 2, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE's Air Arabia Q3 net profit down 26%
Air Arabia's chairman, Sheikh Abdullah bin Mohammed Al Thani, said that during the third quarter, net profit fell 26 percent from ...

UAE- CBI records Dh62.9 million net profit
Commercial Bank International, or CBI, announced its results for the nine months ended 30 September 2011. Net ...

Saudi- SABIC creates new venture capital arm
The Saudi Basic Industries Corp. has announced the launch of a new global corporate venture capital arm, SABIC ...

Value of Saudi contracts exceeds SR95bn in Q3
The value of awarded contracts during the third quarter reached SR95.1 billion, demonstrating that the expansion of ...

Saudi- Arab markets lose $75bn but analysts see opportunities
Arab bourses suffered heavy losses in the first 10 months of this year as high oil prices and regional unrest dented ...

Tokyo Stocks Close Down on European Debt Concerns
Tokyo stocks continued lower Tuesday, with the Nikkei Stock Average ending the day down 152.87 points, or ...

Australia Cuts Interest Rates to 4.50 Per Cent
The Reserve Bank of Australia met market expectations Tuesday and cut interest rates to 4.50 from 4.75 percent ...

Qatar's Arabic Domain Names Available to public
The Qatar Domains Registry , which is managed by ictQatar, has officially made the Qatar-specific Arabic ...

Qatar- Barzan Project to Cost $10.3 Billion, Energy Minister Says
HE the Minister of Energy and Industry Mohammed bin Saleh Al Sada announced Tuesday that the cost of Barzan ...

Shell wants to renew Abu Dhabi oil rights after 2014
A top official at Royal Dutch Shell said lately that the company is very interested in keeping its stake in an onshore oil ...

Saudi- Accused in Asir double murder confesses in court
Saleh Yateem Saleh Al-Baydhani, who shot dead two people confessed to his crime before the court in Rijal Alma on ...

UAE- Mohammed pardons 334 prisoners
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, in his capacity ...

Man allegedly shot 'telepathic' neighbor
Man allegedly shot telepathic neighborSALT LAKE CITY, Nov 1, 2011 -- A Utah man who allegedly shot and wounded a neighbor ...

Woman: Picture shows ghosts having sex
Woman: Picture shows ghosts having sexEUCLID, Ohio, Nov 1, 2011 -- An Ohio woman said her 4-year-old granddaughter ...

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