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Tuesday, February 7, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Greece to cut 15,000 public jobs
Greece to cut 15,000 public jobsATHENS, Greece, Feb 6, 2012 -- Greek politicians said they agreed to cut 15,000 ...

Arab 2011 crude deposits rise by 29b barrels
The Organization of Arab Petroleum Exporting Countries said that at the beginning of last year, overall Arab recoverable ...

Saudi gold traders fight high prices and foreign investors
Saudi gold traders in Makkah and Jeddah complaining about low demand for gold and difficulties they face are looking ...

US Bankrate Q4 earnings up to USD14m
Bankrate Inc. said that fourth-quarter earnings grew to USD14 million, compared with a loss of USD4.8 million in the same period a ...

Vetoing the veto
It is agonizing to note that an organization, which is supposed to be promoting democracy in the world lacks the basic ...

Saudi- Court rejects SADAQ suit against ex-boss
The administrative court in Makkah on Monday nullified a lawsuit by the Saudi Company for Industrial Development ...

Saudi- Power demand to grow by 8%
A major challenge faced by the Kingdom's electricity sector is that the demand for power in the country is growing at ...

Saudi- Fitch affirms SABB's rating
Fitch Ratings said it has affirmed Saudi British Bank's long-term local and foreign currencies Issuer Default ...

Saudi- STC committed to 4G network expansion
The total number of STC Group subscribers has surpassed 160 million customers across the world, its CEO Saud bin Majed ...

Saudi- Kingdom Center set for SR43.8m expansion
The Kingdom Holding Company , chaired by Prince Alwaleed bin Talal, has announced the SR43.8 million expansion of ...

UAE- AED883m projects to meet Dubai power demand
Dubai Electricity and Water Authority launched two main 400/132KV substations at Al-Aweer and Meydan at a ...

Saudi- Mobily revenues exceed SR20 billion as sales surge
Etihad Etisalat's revenues achieved a major milestone in 2011. The 59 percent data sales growth propelled ...

Saudi- Investment in infrastructure projects in Kingdom tops SR150 billion
Saudi Arabia's efforts to usher in the next stage of industrial development is set to receive a major boost as the 2nd ...

Saudi- Siemens wins $1 billion order to supply key components for IPP Qurayyah
Siemens has received another major order for Saudi Arabia's combined cycle power plant. The order value for Siemens ...

Saudi- We are all under Tel Aviv's feet
Many countries have benefited from fighting extremism and terrorism, and several of these countries claim to have ...

Book: JFK took intern's virginity
Book: JFK took interns virginityNEW YORK, Feb 5, 2012 -- A 69-year-old woman claims President John F. Kennedy took her ...

Republicans report less but better sex
Republicans report less but better sexDALLAS, Feb 4, 2012 -- A survey found Republicans in the United States are more ...

Afghanistan: A hippie trail or a graveyard?
An older friend of mine told once that he was visiting Afghanistan for an official visit in the mid 1970s. ...

Stabbing over game in Kuwait
Police have arrested a Kuwaiti youth for stabbing and injuring his friend in Sulaibiya area, reports Al-Rai ...

Toilet-loving boy, 4, gets free commode
Toilet-loving boy, 4, gets free commodeNEW BERLIN, Wis., Feb 6, 2012 -- A Wisconsin 4-year-old fascinated by toilets is ...

Kuwait- 'Arrest our son'
An Arab couple lodged a complaint at the Hawally Police Station against their son, who allegedly consumes alcohol and ...

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