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Tuesday, December 6, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Drake and Scull Saudi in SR352m deal for Riyadh project
Drake & Scull Saudi has signed a SR352 million contract to execute a commercial development project in Riyadh. ...

Saudi- 7.2m stocks offered at SR55 per share in eXtra IPO
United Electronics Company , Saudi Arabia's fastest-growing big box consumer electronics and home appliance ...

Saudi- Online investment service launched
Executive President of the Royal Commission at Yanbu Alaa bin Abdullah Naseef Tuesday launched the online service for ...

IMF to release USD2.95b bailout tranche to Greece
The International Monetary Fund said that it approved to release a USD2.95 billion tranche of rescue fund for Greece ...

Shell's CEO Peter Voser Says: Shell Invests $ 20 Billion in Qatar Over Past 5 Years
Royal Dutch Shell Chief Executive Officer Peter Voser has revealed that the volume of Royal Dutch Shell ...

Bahrain- Investcorp sells Accuity Holdings in $530m deal
Investcorp, the asset management firm specializing in alternative investments, has completed the sale of its US ...

GE and SEC sign $300 Million Gas-Turbines Deal
General Electric Company announced Monday it signed a $300 million deal for natural-gas turbines with ...

Toshiba Tec wins product design award
Germany's iF International Forum Design assigned a prestigious design award to Toshiba Tec's advanced DB-EA4D label ...

Qatar, Malaysia establish USD2b investment fund
Malaysia's prime minister, Najib Razak, said that his country along with Qatar established a USD2 billion joint investment fund to ...

Schools register .xxx domain names
Schools register .xxx domain namesCHICAGO, Dec 6, 2011 -- Administrators at Illinois universities said they are ...

Obama: Middle class 'issue of our time'
Obama: Middle class issue of our timeOSAWATOMIE, Kan., Dec 6, 2011 -- President Barack Obama hammered at what he called ...

2 Kuwaiti youths to probe for robbing Asians in police guise
Director of the Criminal Investigation Department branch in Hawally Colonel Abdulrahman Al-Suhail referred two ...

Saudi- Women arrested for running an illegal restaurant
An illegal restaurant in Madinah, selling food to pilgrims, was busted Tuesday. A committee of representatives ...

Saudi- Expat's death sparks debate on elevator safety
Madinah police recently discovered the corpse of a Pakistani man who died after being trapped in a building elevator ...

Lady doctor sues Haia member for misconduct
The Commission for Promotion of Virtue and Prevention of Vice has started investigating allegations that a Haia ...

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