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Monday, January 2, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US Dollar Probing Lower But S&P 500 Chart Hints Recovery Ahead
THE TAKEAWAY – The US Dollar is under pressure to start 2012 but S&P 500 technical hints a recovery is ahead as risk aversion ...

Saudi- OIC to launch its stock exchange index
The Secretary General of the Organization of Islamic Cooperation , Ekmeleddin Ihsanoglu said that the ...

Schneider, Cisco offer energy plan
Schneider Electric, a global specialist in energy management, has teamed up with Cisco to provide an innovative and ...

Saudi- Kingdom Holding 'enters 2012 with strength'
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company , held an investment committee meeting at the ...

Mobily deal boon for Kuwait
Kuwait's Communication Ministy in Kuwait has signed a contract with Etihad Etisalat to connect Mobily's ...

Brazil's 2011 trade surplus at USD29.7b
Brazil's deputy trade minister, Alessandro Teixeira, said that due to strong exports and imports movements, last year, the ...

Saudi- Soaring gold prices drive investors to other markets
Unstable and record high gold prices are forcing many investors in the industry to diversify their investments and a ...

Saudi- Shoura in a bid to find jobs for children of needy families
The Shoura Council on Monday agreed to hold discussions with the Ministry of Labor on possible job opportunities in ...

Top marks for Ford Explorer
The all-new Ford Explorer has been named "SUV of the Year" by Sport Auto Middle East magazine. The all-new Ford ...

Dubai's 2011 property deals jump 16%
The Dubai Land Department said that last year, real estate deals jumped over 16 percent from 2010 to 35,297 deals, reported ...

Emirates Steel Commissions AED 2.4 Billion Heavy Section Mill
Emirates Steel succeeded this month in rolling out the first beams declaring the start of the hot ...

New York firebomb attacks hit mosque, Hindu site
New York police are investigating as bias crimes four Molotov cocktail attacks on Sunday night including one against a ...

Rescued Egyptian fisherman recounts tale of escape from certain death
One of the fishermen rescued by the Saudi Border Guards off the coast of Qunfuda was thankful for being saved from ...

Coca-Cola in African human rights charges
Coca-Cola in African human rights chargesMBABANE, Swaziland, Jan 2, 2012 -- Political activists accuse The Coca-Cola Co. ...

'Hybrid' sharks found in Australia
Hybrid sharks found in AustraliaBRISBANE, Australia, Jan 2, 2012 -- Interbreeding between shark species has created ...

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