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Thursday, November 3, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Fed lowers GDP forecast, holds policy steady
The Federal Reserve on Wednesday slashed its forecast for economic growth, raised projections for ...

Greece scuttles G20 agenda
The significance of G20 forum has been growing significantly since the 2008 global financial crisis. At the time, it ...

Japan- TEPCO Finds Sign of Fresh Nuclear Fission at Fukushima Reactor
Tokyo Electric Power Co. said Wednesday there may be signs of fresh nuclear fission in the No. 2 reactor at ...

Gulf- GCC to Spend $25 Billion to Expand Power Generation Capacity
The Gulf Cooperation Council countries are likely to spend up to $25 billion over the ...

Government shelling in central Yemen city kills 9
A Yemeni medical official says fighting between government forces and opposition fighters in the central city of Taiz ...

Vodafone Qatar's H1 Total Revenue up 53%
Vodafone Qatar on Wednesday announced an increase of 53% in its half-yearly total revenue compared to the same ...

Italian government to meet on urgent economic reforms
Italian Prime Minister Silvio Berlusconi was set later Wednesday to hold talks with senior cabinet minister ...

Dubai's Deyaar reports a small profit in Q3
Deyaar, Dubai's second largest developer by market value, reported a USD163,34 profit in the third quarter from USD39.5 million ...

UAE's DDF sales up 16% to USD1.15b
Dubai Duty Free's executive vice-chairman, Colm McLoughlin, said that the company's sales grew 16 percent to USD1.15 billion ...

UAE's 2015 oil output expected to reach 3.5m bpd: EIA
The Energy Information Administration of the US Department of Energy said that in 2015, the UAE would be forecasted to ...

Gulf states struggle to shift jobs to locals
Ibrahim Hasanain worked as a tour guide at a Dubai tourism company for four years but quit to study law at the ...

Father 'kills' child in Kuwait
An unidentified parent has been arrested by police for negligence and causing the death of his child, reports Al-Rai ...

Saudi- Domestic workers and huge houses
A question that often comes to mind is: Why are our houses so big, in fact the biggest compared to those in other ...

Wasta proves failure in Kuwait
The security authorities have arrested a civil servant working for the State Security Department for slandering HH ...

'Ex-husband abducts three sons' in Kuwait
A Kuwaiti woman filed a case against her ex-husband in Ferdous police station and accused the man of kidnapping ...

Pregnant mom says sandwich arrest was 'horrifying'
Nicole Leszczynski couldn't imagine that two chicken salad sandwiches would land her and her husband in jail and ...

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