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Friday, November 18, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

BP, Reliance ink India gas JV
Reliance Industries signed a joint venture deal with BP to source, market and transport natural gas in India, Reuters ...

Saudi- KACST plans to produce new generation of space scientists
The King Abdulaziz City for Science and Technology has embarked on a major program to assist outstanding ...

Gold demand weakens across ME in Q3
Gold and gold jewelry demand in the Middle Eastern region fell 28 percent to 38.5 tons in the third quarter of this ...

Arab stocks volatile on euro zone crisis
Arab stock markets reflected mixed performance last week after the Eid Al-Adha holiday, as investors continued to come ...

Morocco's Solar Power Project Wins World Bank Loan Approval
Morocco's first major 500 megawatt solar power project received a big boost with the World Bank approving US ...

Huawei expects USD3b income from Middle East in 2011
Huawei chief technical officer for the Middle East Tony Wong said that the company aims at USD3 billion in revenues from the ...

Japan's Nippon Steel gets stake in UAE's Al Ghurair
Al Ghurair Iron and Steel's CEO, Abu Bakr Hussain, said that Japan's Nippon Steel Corporation acquired a stake in the ...

Bahrain's H2 economy expected to recover
The Economic Development Board said that since some sectors in Bahrain's economy started to recover, during this year's ...

Saudi Aramco, Shell JV wins Kidan project
Saudi Aramco and Royal Dutch Shell joint venture received the green light to carry on a study for the possible development of ...

Two policemen abduct, rape 14-year-old Kuwaiti female
The Hawalli police have arrested two securitymen working for the Ministry of Interior ...

Man, women held drunk in Kuwait
A drunken Kuwaiti citizen with two female compatriots - also high on alcohol, was nabbed by police at a checkpoint in ...

Indonesian fake fans cheer for rivals
Indonesian students have been drafted in to cheer on visiting nations in the Southeast Asian Games with few ...

Jordanian woman shot to death in Cairo
Rula Ammorah, a 33-year-old Jordanian pharmacist, was shot to death in Cairo on Tuesday, the Foreign Ministry ...

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