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Monday, December 5, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi Arabia discovers new gas reserves
Saudi Arabia announced a new discovery of natural gas reserves in the Red Sea and Empty Quarter, but no plans for immediate ...

China's Yuan Weakens to 6.3349 against USD Monday
The Chinese currency Renminbi, or the yuan, weakened 39 basis points to 6.3349 against the U.S. dollar on ...

Qatar- Oil and Gas Will Remain Top Energy Sources, Energy Minister Says
HE Minister of Energy and Industry Mohammed bin Saleh Al Sada said Monday that one of the main goals of the ...

Saudi- South Korean firm seeks solar energy ventures in Kingdom
A South Korean company specializing in solar technology on Monday offered to consider a joint venture possibility with ...

Riyadh forum highlights opportunities for Saudi women
The opportunities available to the Kingdom's female population were highlighted on Monday at the second day of the ...

Saudi- Verdicts in Jeddah flood cases on Dec. 19
The administrative court will announce on Dec. 19 its verdicts against four people accused of being negligent in their ...

UAE's Nakheel H1 profit USD143m
UAE's Nakheel said that driven by units' delivery and leasing and retail operations, during the year's first half, the property ...

Jordan- '70% of Disi project completed'
Seventy per cent of the Disi Water Conveyance Project has been completed after work on the mega-project resumed ...

Jordan- Resumption of Egyptian gas supplies 'unclear'
It is "unclear" when Egyptian gas supplies to Jordan will resume, energy officials said on Monday, amidst growing ...

Drake & Scull inks Saudi commercial project deal
Drake & Scull's chief executive, Khaldoun Tabari, said that the company's Saudi unit inked a contract to establish a commercial ...

UAE's non-oil private sector growth slows
The UAE on-oil private sector expanded at a slower pace in November, data from a survey by Markit Economics and ...

Syria sets terms for admitting observers
Syria has "responded positively" to an Arab League request to send observers to the country as part of a peace plan to ...

Saudi- Murder victim's body flown in from Cairo
The body of the Saudi businessman who was found murdered in a Cairo was flown into the Kingdom on Sunday. Abdullah ...

Saudi- Mistreating children to make them tough is child abuse
A child psychiatrist said parents who deliberately mistreat their children physically and verbally in order to toughen ...

Thieves target toilet paper at New Mexico diner - report
A New Mexico restaurant employee says he's now seen it all, after three men left his diner with rolls of toilet ...

Stolen Santa returned to Indiana man with $100, note
A southern Indiana man has gotten an early Christmas gift: A 16-foot-tall inflatable Santa Claus stolen from his ...

UAE- Boy's death: Residents in shock; parents detained
The tragic death of a three-year-old boy who fell from the 14th floor of a building in Sharjah has shocked ...

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