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Saturday, January 7, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Motorola Mobility expects Q4 revenue to reach USD3.4b
Motorola Mobility Holdings Inc. said that as a result of growing competition among makers of smartphones and other mobile devices, ...

Obama: US economy moving in the right direction
U.S. President Barack Obama said Friday he was pleased with December’s unemployment report that ...

UAE banks' credit to surge: Frost & Sullivan
US Frost & Sullivan said that credit by UAE banks would be expected to increase as the country planned to boost public expenditure ...

U.S. Lifts Ban on Defense Exports to South Sudan
The United States has lifted U.S. restrictions on defense sales to South Sudan, marking another step to ...

Saudi- SR 30 Million fish market in Qatif
The Mayor of Municipality of Qatif Governorate Eng. Khalid bin Ali Al-Dossari said that an amount of SR 30 ...

Abu Dhabi's NPCC wins Indian contract
Abu Dhabi's National Petroleum Construction Company has won an AED 550 million contract from India's ...

Qatar to increase Petrochemical production to 23 Million tons by 2020
The Minister of Energy and Industry Mohammed bin Saleh Al Sada announced Friday that Qatar's production of ...

Saudi- Commerce Ministry steps in to restrain cement price
The Ministry of Commerce and Industry has stepped in to curb dramatic increases in cement prices in the western ...

Saudi- Half of medical equipment suppliers unlicensed: SFDA
Approximately half of importers and distributors of medical equipment in the Kingdom are unlicensed, according to a ...

Jobless Saudis speak out: Hafiz is unfair
The unemployment assistance program Hafiz inaccurately selects those entitled to payment, said jobless Saudis. They ...

Saudi- Terror cell plotted to kill top officials
Saudi judicial authorities on Saturday unveiled a new 16-member terror cell accused of killing a policeman using ...

Aramco develops first down-hole drilling microchip
Perseverance not only pays off but is essential in much of the innovative research and development that pushes the ...

Saudi- SR2.3bn North-South Railway contracts signed
Finance Minister Ibrahim Al-Assaf on Saturday signed three contacts worth SR2.34 billion with Saudi Arabian Railway ...

Saudi- Children born in Kingdom caught in identity crisis
Saudi law does not offer citizenship to people who have spent a substantial part of their lives in the Kingdom nor to ...

UAE- Woman saved from suicide bid
Timely intervention by the Sharjah Police has saved life of a 29-year-old Ethiopian woman, who tried to commit ...

Canadian mom arrested in 'honor' killing
Canadian mom arrested in honor killingMAPLE RIDGE, British Columbia, Jan 7, 2012 -- A Canadian mother and her brother ...

Judge falls asleep during trial -- twice
Judge falls asleep during trial -- twiceSTOCKHOLM, Sweden, Jan 6, 2012 -- A prosecutor in Sweden questioned the acquittal ...

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