MENAFN Summary- Daily Business News

UAE banks' profits AED 24.9 bln in 10 months Net profits of banks operating in the UAE grew by 11.3% between 1 January 2011 to 31 October 2011 to reach AED ... Obama Signs $662 Billion Defense Bill US President Barack Obama has signed a $662 billion defense bill despite "serious reservations" that it seeks ... Tough year ahead for EU BRUSSELS - Far from the fanfare, which heralded its arrival a decade ago, the 10teeeh anniversary of the euro on ... India allows foreign investors to enter its stock market The Indian government said that the country would open its bourse for the first time to individual foreign investors, reported ... Walmart clerk rejects $1 million bill Walmart clerk rejects $1 million billLEXINGTON, N.C., Jan 1, 2012 -- The old fake $1 million bill scam failed yet again, ... Saudi- Riyadh Bank Distributes SR 1,125 Million to Shareholders The Board of Directors of Saudi Riyadh Bank has decided to distribute to shareholders profits amounting to SR ... Qatar- Ras Laffan Port Loads Record 1000 LNG Tankers in 2011 A record number of Liquefied Natural Gas tankers were loaded in 2011 at the Ras Laffan Port with ... Saudi- SAMA's reserve assets reach SR1.97 trillion Saudi Arabia has posted a large budget surplus of SR306 billion despite sharp jump in expenditure in 2011. Revenue ... UAE's Jan-Jul non-oil trade soars 23% The UAE's Federal Customs Authority said that during 2011's first 7 months, the country's non-oil foreign trade surged by 23 ... Saudi Arabia, Asia set to dominate sukuk market in 2012 Asia and Saudi Arabia are inevitably set to dominate the sukuk market in 2012 with high quality quasi-sovereign ... Probe into death of teen during Bahrain violence A Bahraini teenager died on Saturday after riotings and violence swept many parts of the country. Sayed Hashim ... Qatar Financial Markets Authority adopts new listing, IPO rules The Qatar Financial Markets Authority has officially adopted the new listing and IPO ... Ricky Martin plans to marry boyfriend on Jan. 28 in New York Ricky Martin plans to marry boyfriend on Jan. 28 in New YorkSan Juan, Jan 1, 2012 -- Puerto Rican singer Ricky Martin and ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.