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Saturday, December 31, 2011

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi Hail Cement inks USD31.4m housing contract
Saudi Hail Cement Company inked a USD31.4 million contract for housing complex north of Hail, Arab News reported. The contract ...

Saudi Arabia Donates USD25 million for UN GFATM
Secretary General of United Nations Ban Ki-moon has received a message from the Custodian of the Two Holy ...

US Congress Frees Up $40 million for Palestinians
The US State Department said Congress has released $40 million in aid to the Palestinians, part of the nearly ...

UAE- 2011: A difficult year
UAE stock markets witnessed a difficult year in 2011 on regional and global events and analysts predict that early ...

Saudi- Kingdom Holding invests $50m in Nigeria energy firm
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company , has announced a $50 million investment into ...

Saudi- Tamer Group sets stage for new pharmaceutical complex
Emaar, The Economic City , has announced the signing of a contract with Tamer Group for the purchase of 500,000 ...

Saudi- Kingdom's nonoil exports rise 34% to SR42.89bn in Q3
Saudi Arabia's nonoil exports in the third quarter of 2011 rose by 34 percent to SR42.89 billion compared to the same ...

Saudi- SR150bn spent on construction and upkeep of mosques
There are more than 70,000 mosques across the Kingdom and the government has spent nearly SR150 billion on the ...

Saudi- Hundreds gather outside municipality office demanding electricity
More than 400 citizens assembled Saturday before the gates of the Al-Sharaie branch municipality in Makkah demanding ...

28,000 Saudi women ready to replace men in sales jobs
Over 28,000 Saudi women have come forward to take up jobs at shops selling lingerie and women's accessories throughout ...

Iran's carpet exports hit USD326.5m in 8 months
Iran's National Carpet Center's director, Feysal Merdasi, said that during the first 8 months of the current Iranian calendar ...

Singapore's 2011 GDP up to 4.8%
Singapore's Prime Minister, Lee Hsien Loong, said that due to a decline in the city-state's exports, in 2011, economic growth ...

Ford's Jan-Nov US sales up 18%
Ford Motor Co. said that the company's sales in the US during 2011's first eleven months jumped 18 percent from 2010's same period ...

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