MENAFN Summary- Daily Business News

S&P downgrades Jordan credit rating Standard & Poor's on Wednesday lowered Jordan's long-term local-currency sovereign credit rating to "BB" from "BB+" ... Nokia Siemens to eliminate 17,000 Jobs Nokia Siemens Networks unveiled plans to slash 17,000 jobs worldwide by the end of 2013, Bloomberg reported. Nokia Siemens said ... Kharafi Group maintains its stake in Zain In a shift of strategy, Kharafi Group announced it will stick with its holding in Zain, as the telecom firm plans expansion, ... US durable-goods orders fall, jobless claims rise Orders for U.S. manufactured items fell for a second consecutive month in October, the government reported ... Jordan- Exports to Greater Arab Free Trade Agreement member states rise by 11% The Kingdom's exports to the Greater Arab Free Trade Agreement member countries rose by 11 per cent by the ... UAE markets slip to new multi-year lows Bargain hunters helped Egypt's bourse bounce back on Wednesday after a 10-day losing streak caused by unrest which ... Turkey and shell sign oil, gas search deal Royal Dutch Shell has signed a deal with Turkish state-run petroleum company, TPAO, to search for oil and ... Qatar- QDB, SDC Sign Agreement to Establish "Qatar Business Incubator" Qatar Development Bank and the Social Development Center , a branch of Qatar Foundation for ... Saudi- Entrepreneurs 'optimistic' about year ahead Many more entrepreneurs in Europe and the US are optimistic than pessimistic about the year ahead, despite the debt ... Saudi- Higher commission planned to solve real estate issues The Council of Saudi Chambers of Commerce and Industry is planning to set up a higher commission for real ... Qaddafi son to be tried in Libya: ICC prosecutor TRIPOLI, Libya: The International Criminal Court's prosecutor says Muammar Qaddafi's son Seif Al-Islam, who is ... Saudi- Owner refutes allegations of safety lapses at fire-hit Jeddah school Arwah Aal Al-Asheikh, owner of the fire-hit Baraim Al-Watan School in Jeddah, expressed her thanks to Makkah Gov. ... Trump threatens to run -- again Trump threatens to run -- againWASHINGTON, Nov 23, 2011 -- U.S. business mogul Donald Trump has threatened to spend ... Drummer sorry for Bachmann 'Bitch' song Drummer sorry for Bachmann Bitch songNEW YORK, Nov 22, 2011 -- Drummer Ahmir Thompson says he meant to be funny, not ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.