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Friday, December 23, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

EU- 'ECB cash will ease pressures on banks'
Recent measures taken by the European Central Bank to make liquidity available to eurozone banks will ease ...

40% of Gulf businesses are unprepared for IT disasters
Around 40 per cent of Gulf businesses do not have a disaster recovery plan in place for their IT and some 49 per ...

Compensation for acquired Makkah land nears SR20bn
The real estate evaluation committee has completed the evaluation of about 50 percent of the land to be acquired for ...

Saudi- EXtra shares to begin trading on Tadawul today
United Electronics Company , Saudi Arabia's fastest-growing big box consumer electronics and home appliance ...

Jordan, Saudi Arabia hold talks on averting dual taxation
Jordan and Saudi Arabia on Thursday held a first round of talks on averting dual taxation. Officials from the ...

Saudi- SAGIA reaffirms Kingdoms' economy is robust
The Saudi Arabian General Investment Authority said in a statement on Friday that the Kingdom has the highest ...

Jordan premier vows to review all privatization deals
Jordanian Prime Minister Awn Khasawneh told lower house of parliament on Thursday that his government intended to ...

Saudi investors keep an eye on Q4 results, budget
Middle East stock markets reflected a mixed performance last week as investors monitored clues for annual corporate ...

Qatar Steel Raises Stake in Saudi South Steel
Qatar Steel is raising its stake in Saudi Arabia s South Steel to 29.74 percent from the current 20.9 ...

Qatar- QP Completes US$ 10.4 Billion Barzan Gas Project Financing
Qatar Petroleum has announced the completion of one of the largest oil and gas project financings ever ...

Qatar Supports Arab Electricity Linkage Project
HE Qatar's Minister of Energy and Industry Dr. Mohamed Bin Saleh Al Sada has underlined his country's due ...

Moody's lowers Slovenia's credit ratings to A1
Moody's Investors Service said that since Slovenia was threatened by the euro-zone's debt crisis and might have to aid its own ...

Kuwait to reopen Al-Jazeera TV
Minister of Information Sheikh Hamad Jaber Al-Ali announces that the office of Al-Jazeera satellite TV channel would ...

Asian grocer molests Arab girl
An Arab expatriate filed a complaint, accusing an Asian grocer of fondling his daughter when she went to purchase ...

Kuwait- Firemen attacked for cleaning road meant to hold car races
More than 60 youths are said to have attacked firemen with whatever they could lay their hands on and damaged their ...

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