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Wednesday, February 29, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi Arabia to honor $3.75bn Egypt aid pledge
Saudi Arabia said yesterday it would honor a pledge of $3.75 billion in aid to Egypt after complaints by the Egyptian ...

Saudi- Court verdict sets new precedent in anti-piracy fight
Saudi Arabia's Board of Grievances upheld on Tuesday the recommendation of the Ministry of Information to impose ...

Saudi- Industrial development to boost electricity demand
Extensive industrial development across the Kingdom of Saudi Arabia is expected to drive up electricity demand to an ...

Huawei breaks global industry milestones with latest device
Huawei, a global information and communications technology solutions provider, has seized the attention of the ...

Woman accused of abducting teen in Kuwait
An unidentified woman accused of kidnapping a teenager was arrested recently while driving along the Fifth Ring ...

Youth tortured, abused by gang of boys, girls in Kuwait
Police have arrested four youths and three teenage girls for kidnapping an unidentified youth and holding him hostage ...

Alcatel-Lucent, Etisalat make first 4G LTE mobile broadband connection in UAE
Alcatel-Lucent together with Etisalat, a major mobile telecommunications operator in the UAE, have successfully ...

Saudi- Kingdom's exports jumped 37% to SR1.29 trillion in 2011
Economic growth in Saudi Arabia remains on track as slight moderation in crude production has been compensated by rise ...

Saudi- Sponsor forced to repatriate body
The Ministry of Interior compelled a Saudi sponsor to repatriate the dead body of his Indian worker, for which he ...

USA- Victories unlikely to end Romney's struggle
Mitt Romney's come-from-behind win in his native Michigan, and his easy victory in Arizona, are obviously good news ...

UAE- Khalifa Port to open this year
Abu Dhabi Ports Company has announced the arrival of the first batch of Super Post Panamax 'Ship to Shore' ...

UAE- Lulu Group eyes $100m Vietnam trade
Retail major Lulu group eyes to boost trade with Vietnam to $100 million, as it opens its regional office in the ...

UAE- Road fatalities drop by 12.8 per cent
Road fatalities across the UAE fell by 12.8 per cent in 2011 compared to 2010. Traffic accidents claimed 720 lives ...

UAE- Man denies insulting police chief
A jobless Emirati man, 42, charged with insulting the Dubai police chief on a social networking site, denied the ...

'She is a tough girl'
Eight-year-old Emirati, Maha Abdulla is the only known surviving patient in the UAE suffering from chronic ...

Why China resists Syrian intervention?
Intellectual precision is especially vital in times of geopolitical passion. The full totality of evil of the ...

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