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Sunday, February 12, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE takes lion's share of $1t projects in GCC
The UAE ranked top among GCC countries with its lion's share of $636 billion construction projects while the ...

Emirates Post acquires rest of Wall Street Exchange
Emirates Post Group Holding has acquired the remaining 40 per cent shareholding in Wall Street Exchange Centre, ...

Saudi- SR1.4bn contracts signed to improve health care
As part of the SR16 billion budget allocated for the health sector by Custodian of the Two Holy Mosques King Abdullah, ...

Obama urges Congress to quickly pass tax cut extension
> U.S. President Barak Obama urged Congress on Saturday to quickly pass the payroll tax cut extension to ...

Greek cabinet approves bailout deal
Greek cabinet approves bailout dealFeb 11, 2012 -- The Greek cabinet has ...

UAE's GDP in 2011 grows by 3.3%
The Economist Intelligence Unit said that last year, UAE's economy recorded a notable recovery, growing by around 3.3 ...

Qatar and South Korea sign natural gas supply deal
Qatar’s RasGas has inked a long-term deal to supply additional liquefied natural gas to South ...

Whitney Houston dead at 48
 LOS ANGELES, Feb. 11 -- Grammy-winning U.S. R&B singer and actress Whitney Houston died ...

UAE tourist arrivals forecast to hit 9 Million
The number of foreign tourists heading to the United Arab Emirates this year is expected to reach ...

BMW Fined $3M For Untimely 2010 Recalls
German automaker BMW has agreed to pay $3 million for delays in reporting safety defects and recalls to the ...

Saudi- Expat Ride - new book on Gulf NRIs released
An important book containing substantial information about non-resident Indians living in the Gulf countries was ...

UAE- Free ID cards for fire-hit families
Families affected by the fire that gutted Baker 4 tower at Al Tawun area in Sharjah recently shall get new ...

UK's Dec trade deficit contracts to USD1.75b
UK's Office for National Statistics said that in December 2011, the country's seasonally adjusted trade deficit fell to ...

Kuwait Styrene Co. announces USD 99 mln net profit for 2011
> The Kuwait Styrene Company announced, on Saturday, a net profit of USD 99 million for the ...

Greek Nov unemployment rate at 20.9%
The Greek Statistical Authority said that in November 2011, the country's unemployment rate grew to 20.9 percent, reaching its ...

Saudi- Some schools barred from setting exam papers
The Ministry of Education has prevented around a fifth of private secondary schools in the Kingdom from setting their ...

Saudi- Worshippers want Kashgari punished
Imams of mosques in Makkah were unanimous in their Friday sermons on the necessity of bringing Saudi columnist and ...

Man allegedly dumped out of his wheelchair
Man allegedly dumped out of his wheelchairFORT MYERS, Fla., Feb 11, 2012 -- A Florida man who called police about ...

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