Kumaresan Selvaraj pillai


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Tuesday, December 27, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Nissan ME recalls Qashqai model on steering problem
Nissan Middle East said that as a result of a power steering problem, the company was recalling its Qashqai's 2011 models in the ...

Saudi- Public debt slashed to 6.3% of GDP: Al-Assaf
The amount allocated for new development projects in the 2012 budget is several times more than the figure five years ...

Obama to ask for debt limit hilke- Treasury official
The White House plans to ask Congress for an increase in the debt limit before the end of the week, Reuters ...

Egypt- Israel Gas Deal Case Adjourned to January 22
Cairo Criminal Court adjourned Tuesday the case of exporting gas to Israel at low prices to January 22 session ...

UAE- GCC set to invest $968b in 1,638 new projects
Over the next decade, the GCC countries, underpinned by record high oil revenues, are planning 1,638 major ...

UAE- Mashreq spearheads $140m syndicated loan for BOC
Mashreq, one of the UAE's leading financial institutions, successfully closed its second syndicated facility in ...

Abu Dhabi Intl Airport's Nov traffic up 16%
Abu Dhabi Airports Company said that last month, passenger traffic at the capital's International Airport jumped 16 percent ...

Italian debt under pressure before year-end auction
Italian government bond yields edged higher on Tuesday and were expected to rise further this week with ...

Saudi- Kingdom needs $74 a barrel oil price to balance budget: Jadwa
Saudi Arabia's budgeted spending is at another all-time high in 2012, as the government continues with its program to ...

Saudi- STC's investment decisions lauded
Jameel Al-Molhem, acting CEO of STC Group, and a number of its senior staff recently received a delegation of Islamic ...

Oman's Renaissance to increase capital to USD129.87m
Renaissance Services' said that its board agreed to boost the firm's capital to reach USD129.87 million in order to finance the ...

Saudi- Kingdom will continue to follow Salafist ideology: Prince Naif
Crown Prince Naif, deputy premier and minister of interior, opened a symposium on "Salafism: A Shariah approach and a ...

Yemen- Saleh's new stunt
There is yet another twist in Yemen's political crisscross. President Ali Abdullah Al Saleh seems to be ...

Saudi- Teacher's humiliation
I am Sruthi, an ex-student of International Indian School, Dammam. I am writing this letter to let the public know ...

Food for mood (Part 1)
When it comes to body health, most of us are aware that a balanced nutrition is necessary. Not only can we not ...

Pure Halal Beauty: Products offer natural and ethical alternatives
Pure Halal Beauty offers a revolutionary alternative to other beauty products with its largest range of natural ...

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