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Wednesday, February 8, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Staff unpaid for a year to get dues in 2 weeks
The office of the Ministry of Labor in Riyadh on Monday looked into the case of the 255 employees who have not been ...

Insurance changes may infuriate Jordanians
Insurance amendments in the final stages of formal approval are likely to infuriate Jordanians into asking the ...

US January deficit fell sharply to $27 bln-CBO
The U.S. budget deficit fell by nearly half in January compared to a year earlier as tax collections from ...

3RD LEAD: Greek meeting on long-delayed debt deal postponed again
3RD LEAD: Greek meeting on long-delayed debt deal postponed againATHENS, Feb 07, 2012

Of EU-US strained ties
When Thomas de Maiziere described the state of the trans- Atlantic relationship to a packed audience in Munich, he ...

UAE's Emirates airline plans to raise USD517m
Emirates airline said that in order to finance 3 planes to be delivered in 2012, the carrier would raise USD517 million, with the ...

UAE- ADIB arranges Dh275m loan for JBF RAK
Abu Dhabi Islamic Bank has closed a Dh275 million syndicated Islamic financing facility for JBF RAK LLC, a ...

UAE- Dolphin to raise $1b from bonds
Abu Dhabi-based Dolphin Energy, which is majority-owned by Mubadala, plans to sell up to $1 billion worth of ...

Saudi- 'Simplify procedures to save township projects'
A senior official at the Makkah Chamber of Commerce and Industry has called for simplifying bureaucratic procedures ...

Global oil demand to grow by 50k bpd in 2012: EIA
The US Energy Information Administration said that in 2012, global oil demand growth would be forecasted to expand by 50,000 ...

Saudi IDEA inks solar contract with Germany's Centrotherm
Saudi IDEA Polysilicon Co. said that it inked a deal with Germany's Centrotherm Photovoltaics, the world's second largest maker of ...

Saudi- Tadawul rebounds; values reaches SR8.35 billion
The Tadawul All-Share Index ended in the green on Tuesday at 6,743.55, up 4.64 points or 0.07 percent, from its ...

Saudi- SRMG net profit rises 18.8% to SR100.3m
Saudi Research & Marketing Group said its net profit rose by 18.8 percent to SR100.3 million last year from ...

Saudi- Rolls Royce market buoyant despite recession signals
Torsten Müller-�-tvös took over as new chief executive of Rolls Royce Motor Cars in March 2010. He seems to have ...

Achiever shares success tips at Riyadh forum
"Large achievements will be great, constructive and blessed if connected to Islamic values and morals." Waleed ...

Disney posts 12% increase in Q1 net income
The Walt Disney Co. said that in 2011's last quarter, net income jumped 12 percent to USD1.46 billion, compared with USD1.30 ...

Book claims pope exorcised two men
Book claims pope exorcised two menVATICAN CITY, Feb 6, 2012 -- Italian priest Gabriele Amorth claims in his latest book ...

School staff replaced in sex abuse scandal
School staff replaced in sex abuse scandalLOS ANGELES, Feb 7, 2012 -- The entire staff is being replaced at a Los Angeles ...

Same-sex union by 'year end'
Same-sex union by year endFeb 07, 2012 -- Australian Greens marriage equality spokesperson Sarah ...

Kuwait- Fire in wedding hall
Acting on information firemen from the Jahra Fire Center rushed to a marriage hall in the area and put out fire to ...

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