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Thursday, January 5, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Gold rose 9.7 percent in 2011
Overall, 2011 was a challenging year for commodities, with the only major commodities gaining being Brent, refined ...

Eurozone inflation eases to 2.8% in December
Official figures show that inflation in the 17 countries that use the euro fell to 2.8 percent in the year to ...

UAE- DGCX volumes rise 110% to record over 4m contracts
Annual volumes for 2011 on the Dubai Gold and Commodities Exchange registered a substantial growth of 110 ...

Riyad Bank's high credit rating affirmed by Standard & Poor's
The president & CEO of Riyad Bank, Talal Al-Qudaibi, announced that Standard & Poor's , the international credit ...

Kia's US sales in 2011 up 36%
Kia Motors America said that due to strong demand for the company's redesigned models including the Optima sedan and Sportage SUV, ...

Saudi- Labor Ministry working with Haia to protect rights of saleswomen
A Labor Ministry special committee will be working together with the Commission for the Promotion of Virtue and the ...

US treasury to visit China, Japan
U.S. Treasury Secretary Timothy Geithner will visit China and Japan next week to discuss the global economy, ...

Wide price disparity splits Amman's property market
Prices of residential apartments in western Amman neighbourhoods are almost double those in the eastern part of the ...

UAE's DP World to operate Port of Nanaimo
DP World, Americas' Senior Vice-President and Managing Director, Matthew Leech, said that the company's Vancouver unit would ...

Boeing to shut down Kansas plant by 2013
Boeing Co. said that due to reductions on defense spending, by 2013, the company would close its plant in Wichita-Kansas, and cut ...

Does Arab Spring pose new challenges to GCC?
Euro crisis demonstrates the need for financial and monetary coordination among the Gulf countries in their attempt to ...

Saudi- Man executed for girl's murder
A man convicted of murdering a young female relative after sexually assaulting her was executed in Madinah on ...

Guilty plea in Mo. sex-torture case
Guilty plea in Mo. sex-torture caseKANSAS CITY, Mo., Dec 21, 2011 -- Bradley Cook pleaded guilty in a Kansas City ...

Wife missing after leaving house in fight with husband
An Arab man whose identity has not been disclosed has filed a missing persons report on his 32-year-old wife at the ...

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