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Wednesday, February 1, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Swiss banks hand over encrypted data in US tax row
Switzerland has handed U.S. authorities encrypted data on bank employees who served American clients ...

US federal budget deficit to fall to $1.1 trillion
A new U.S. government report predicted on Tuesday that the government will run a $1.1 trillion deficit in ...

Saudi- 'Keeping Hormuz open responsibility of international community'
The six-nation Gulf Cooperation Council , which transports its massive oil shipments and imports food in huge ...

Amazon posts 57% drop in Q4 net income
Amazon.com Inc. said that in the fourth quarter, net income plunged 57 percent to USD77 million, compared with USD416 million in ...

GACA sukuk offering credit-positive: Moody's
On Jan. 18, the Saudi General Authority of Civil Aviation's successfully closed a SR15 billion sukuk offering ...

Twitter explains censorship policy
Twitter explains censorship policyLAGUNA NIGEL, Calif., Jan 31, 2012 -- Twitter is denying its policy changes on ...

Emiratis get thousands of job offers
Thousands of immediate job placements are being offered by 114 companies to Emiratis at the Capital's recruitment ...

UAE- Etisalat, du sign resource sharing deal
Etisalat and du, under the supervision of the Telecommunications Regulatory Authority, or TRA, on Tuesday signed ...

UAE- DP World business up 10%
DP World, world's third-largest marine terminal operator, said on Tuesday that core earnings for 2011 would be in ...

GE oil and gas unit announces $1.3 billion in contracts
General Electric’s Oil and Gas unit announced $1.3 billion worth of equipment and ...

Life disrupted as massive dust storm envelops Jeddah
A massive dust storm hit Jeddah Tuesday, disrupting road traffic and bringing public life almost to a standstill. ...

Prisoners making threats via Facebook
Prisoners making threats via FacebookLONDON, Jan 30, 2012 -- Violent criminals in British prisons have been using ...

2012 budget will provide relief to Pakistanis: Senator
Former Pakistani Law Minister and Vice President of Pakistan People's Party Babar Awan met with members of ...

Saudi- Empowerment of women lauded
The 7th session of the Parliamentary Union of Islamic Countries that concluded in Indonesia on Tuesday ...

24-Year Old Woman Beaten to Death By Husband
24-Year Old Woman Beaten to Death By HusbandHuambo, Jan 31, 2012 -- A 24-year old ...

Toddler mauled by as many as seven dogs in Lake Worth
Toddler mauled by as many as seven dogs in Lake WorthLAKE WORTH, Jan 31, 2012

UAE- Alert officer rescues girl from rape attempt
The Sharjah Police have arrested a 32-year-old man who attempted to rape a nine-year-old Moroccan girl after the ...

Saudi- Parents complain against hike in prices of meals served in schools
Students are forced to pay up to 50 percent more for their breakfast due to the absence of observation on prices in ...

Ten days saw over 160 home fires in Riyadh
There were more than 160 house fires in Riyadh and its suburbs during the recent 10-day school vacation, local Arabic ...

Man says sisters sexually assaulted him
Man says sisters sexually assaulted himHUDSON, Wis., Jan 31, 2012 -- A young Wisconsin man says two sisters assaulted him ...

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