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Saturday, December 10, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Abu Dhabi inflation slows to 1.9%
Consumer prices in Abu Dhabi slowed to 1.9 per cent in the first 11 months of the year, according to a report ...

Saudi debt to drop to 8% at year-end
Moody's investor service said that in the current year, Saudi would be able to reduce its debt to about 8 percent of gross ...

Indian trade team seeks JVs with Saudi companies
An Indian business delegation from Confederation of Indian Industries will visit Jeddah from Dec. 11-13. The ...

Gingrich: Palestinians have no state right
Gingrich: Palestinians have no state rightWASHINGTON, Dec 10, 2011 -- Newt Gingrich, now one of the leaders in the ...

Saudi- Kingdom might allow some foreign ownership of stocks
Saudi Arabia is expected to make a limited expansion of its stock market by allowing direct foreign ownership to ...

Qatar Central Bank Comfortable with Liquidity Levels
HE Sheikh Abdullah Bin Saud Al Thani, Governor of Qatar Central Bank said the liquidity position, which ...

UK's input index jumps 13.4%
The British Office for National Statistics said that in the year to November, the country's overall input index jumped 13.4 ...

Occupy Wall Street reaches the North Pole via Internet
The Occupy Wall Street movement reached Santa's workshop on Friday, at least in the imagination of a Miami web firm ...

Jordan- New regulations require taxi drivers to wear uniforms
Taxi drivers across the country will soon have to don uniforms under new regulations issued by the Land Transport ...

Google introduces Arabic voice search service
Google Inc. said that in a move that would help users convert data into knowledge, the world's most popular search engine ...

UAE- NBAD, Gems launch first educational credit card
The National Bank of Abu Dhabi, or NBAD, in collaboration with MasterCard Worldwide, on Saturday launched the ...

Saudi- Gas station blast causes alarm
An explosion at a petrol station in Jeddah's Al-Samir district at 2 a.m. on Saturday alarmed local residents. The ...

Bank credit to private sector reaches $60.7 billion in Qatar
The annual growth rate of bank credit to the private sector in Qatar has picked up strongly in 2011. It has climbed ...

'Use your beauty' to lure men
A Kuwaiti woman accused a female colleague of encouraging her to 'use her beauty' to lure men into illegitimate ...

Study: Occasional cursing can ease pain
Study: Occasional cursing can ease painSTAFFORDSHIRE, England, Dec 10, 2011 -- Occasional cursing can help relieve pain, ...

Saudi- Marriages of convenience now becoming a trend
Modern day marriages of convenience are becoming a trend according to many expatriates in the Kingdom. The expatriate ...

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