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Monday, December 19, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Swedish Carmaker Saab Files for Bankruptcy
The Swedish carmaker Saab on Monday filed for bankruptcy, its Dutch owner Swedish Automobile said. The ...

AMF Grants Egypt $270 Million Loan
Arab Monetary Fund Board of Executive Directors has agreed to grant Egypt a $270 million loan to help ...

Prince Alwaleed, KHC invest $300m in Twitter
Prince Alwaleed bin Talal, and Kingdom Holding Company , announced Monday a combined investment of $300 million ...

EU- ECB Steps Up Efforts to Help Contain Eurozone Debt Crisis
The European Central Bank said on Monday it bought 3.36 billion euros of bonds ...

UAE- Emaar Properties Signs New Dhs3.6bn Financing Facility
Emaar Properties PJSC has signed a new Islamic and Conventional financing facility amounting to Dhs3.6bn ...

Check on cafes, flats to prevent 'wild' parties
Furnished apartments and cafés have been put under surveillance particularly due to the oncoming celebrations on ...

Obama's spin on Iraq War looks pathetic- By Linda Heard
Clearly one of the prerequisites to becoming president of the United States is to be a consummate actor. Prior to ...

S&P, Fitch see no immediate rating impact from Kim death
Standard & Poor's said there would be no immediate impact on South Korea's A rating following the death of North ...

Saudi- Kingdom 'vulnerable to high food prices'
Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports, according to ...

EU misses its USD260b IMF loan target
Luxembourg's Prime Minister, Jean-Claude Juncker, said that the EU finance ministers failed to reach their target of providing the ...

Iraqi Vice President Banned from Travelling
Iraqi Vice President Tariq al-Hashimi has been banned from travelling outside Iraq, It was announced here ...

Etihad raises stake in Air Berlin
Etihad Airways has agreed to increase its stake in Air Berlin, Europe's sixth largest airline, to 29.21 per cent, ...

Ethiopian carrier joins Star Alliance
The Ethiopian Airlines has joined the Star Alliance family. The alliance's Chief Executive Board and the ...

Nokia enhances N9 features with upgrade
Nokia has announced the release of the latest updates for its N9 handsets. Version 1.1 of the handset's software ...

Saudi- 700,000 qualify for unemployment allowance
More than 700,000 Saudi young men and women are qualified to receive a monthly unemployment allowance of SR2,000, the ...

Saudi- Separated conjoined twins leading normal lives, says health minister
The timely intervention of Custodian of the Two Holy Mosques King Abdullah paved the way for several conjoined twins ...

No injuries when plane lands on street
No injuries when plane lands on streetLONGMONT, Colo., Dec 19, 2011 -- A pilot did an "absolutely amazing" job of landing ...

Police: Teens broke in, cooked gizzards
Police: Teens broke in, cooked gizzardsGAINESVILLE, Fla., Dec 19, 2011 -- Police in Florida arrested a pair of ...

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