MENAFN Summary- Daily Business News

Nakheel ex-manager jailed for forgery Three former marketing employees of Nakheel, including an ex-manager, were cleared on Monday by the Court of First ... Major Banks Face Margin Pressure as Fed Vows to Keep Interest Rates Low Major Banks Face Margin Pressure as Fed Vows to Keep Interest Rates Low The Paragon Report Provides Equity Research on Citigroup & Wells ... German plan for budgetary oversight of Greece comes under fire German plan for budgetary oversight of Greece comes under fireBRUSSELS, Jan 30, 2012 Mazda introduces 2012 line-up in the UAE Galadari Automobiles Co Limited, or GAL, sole distributors of Mazda vehicles in the UAE, announced the ... French govt ups sales tax 1.6 points French President Nicolas Sarkozy's government increased sales taxes and levies on financial, Bloomberg reported. Sarkozy said ... Insiders responsible for 69% of frauds in ME firms PricewaterhouseCoopers' said in its Middle East Economic Crime Survey that 69 percent of frauds in the region's firms were ... 65% Emiratis on jobs seeking new ones Two-thirds of UAE nationals who are currently employed are actively seeking better job opportunities, while nearly ... Net profitability for Saudi firms increases to SR94.8bn Profitability for the Saudi market in 2011 showed strong growth with market net income up 22 percent to SR94.8 billion ... Saudi stocks hit 6-month high The Saudi bourse hit a six-month high in active trading on Monday after a state-run fund said it would buy more ... GCC inflation rises but is moderate by global standards Consumer price inflation in the GCC picked up to 3.3 percent in 2011, up from 2.8 percent ... UAE- First Gulf Bank profit up 8% at Dh3.7b First Gulf Bank, or FGB, on Monday declared an eight per cent increase in its net profit that reached Dh3.7 ... Saudi- Overstayers get until March 8 to clear out The amnesty period for visa overstayers has been extended until March. 8, according to a recent circular issued to all ... Saudi- Eateries banned from levying service charges The Ministry of Commerce and Industry has banned restaurants and coffee shops across the Kingdom from levying any ... Saudi- Women spectators not allowed in stadiums: Official An official at the Saudi Youth Welfare Presidency has denied media reports that it had allowed women to enter ... Largest emerald gets zero bids Largest emerald gets zero bidsKELOWNA, British Columbia, Jan 30, 2012 -- A Canadian auction house said a watermelon-sized ... It is still hard for women to get senior jobs Despite great strides in education and employment, a large gender gap remains in positions of status Women in the ... The freedoms of social media After the magnificent triumph of social media in the 2011 Arab Spring uprisings, it seems one of its major players is ... First mosque part of the heritage of all Canadians This May, as Muslims mark the 20th anniversary of the induction of Al-Rashid Mosque in Fort Edmonton Park, the largest ... 13 jailed for torturing Asian for affair with kin Thirteen men, including three Emiratis, a Bidoon and rest Asians, were sentenced to one- to two-year imprisonment ... Man hit in head by airplane propeller dies Man hit in head by airplane propeller diesEL CAJON, Calif., Jan 30, 2012 -- A man was fatally injured Monday when he was ...       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.