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Monday, November 14, 2011

MENAFN Summary- Daily Business News

MENAFN Summary - Daily Business News
   
Middle East North Africa - Financial Network
 

UAE's TAQA Q3 net profit grows to USD146.2m
Abu Dhabi National Energy Co said that driven by growing crude prices and output, net profit during the third quarter grew ...

Oman Air orders 6 Boeing Dreamliners
Oman Air's CEO, Peter Hill, said that as part of the carrier's expansion plans, the company ordered six Boeing's 787 and 788 ...

Jeddah 2011 residential rents up by 14%
Jones Lang LaSalle, the real estate consultants, said that since the start of 2011, Jeddah residential rents rose by an average 14 ...

Oil Prices Near $99 in Asia
Oil prices hovered near $99 a barrel Monday in Asia amid optimism new leaders in Greece and Italy will help ...

New Zealand Stricken Ship Rena Emptied of Oil
Salvage teams have pumped all of the oil out of a cargo ship stranded off New Zealand, officials said ...

China's Yuan Strengthens to 6.3301 Against $US Monday
The Chinese currency Renminbi, or the yuan, strengthened 16 basis points to 6.3301 against the U.S. dollar on ...

Canada says Europe should use own resources
Canada's finance minister says Europe should use its own resources to resolve its debt crisis before other ...

Middle East 'may need more than 2,520 aircraft by 2030'
Boeing forecasts that airlines in the Middle East will need an estimated 2,520 planes worth $450 billion by 2030. ...

UAE- Dnata invests $70m to span international business
Dubai-based Dnata, the world's fourth largest combined air services provider offering ground handling, cargo, ...

UAE- National Takaful equities get
listed on ADX
Shares of National Takaful Company or Watania were listed on the Abu Dhabi Securities Exchange, or ADX, on Monday. ...

Saudi- Women get better treatment in courts
The Justice Ministry on Monday reiterated its efforts to protect the rights of women, saying they receive support and ...

2 Chadians, Saudi beheaded for rape
Three men, a Saudi and two Chadians, were executed in Jeddah on Monday. Badr bin Sami Al-Sudani , Ahmad Zain ...

Kuwait- Barrak rejects libel charges
The Misdemeanor Court suspended the implementation of a three-month jail term and KD5,000 fine imposed on MP Musallam ...

UAE- Death for 10 drug smugglers
In a landmark verdict by the Khorfakan Criminal Court on Monday, eight Iranians and two Pakistanis were sentenced ...

Clooney says he once considered suicide
Clooney says he once considered suicideLOS ANGELES, Nov 14, 2011 -- Hollywood actor George Clooney says he was in such ...

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