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Saturday, February 25, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Warren Buffett picks unnamed successor
Warren Buffett picks unnamed successorNEW YORK, Feb 25, 2012 -- Warren Buffett, the head of U.S. investment giant ...

$5 million suit filed over 1/2 tank of gas
$5 million suit filed over 1/2 tank of gasDETROIT, Feb 25, 2012 -- A woman is suing a Detroit financial services company ...

Boeing pulls managerial switch
U.S. aircraft maker Boeing said it is switching jobs among two top program managers a day after saying 787 ...

UAE- Air Arabia records 17% revenue growth in Q4
Air Arabia on Saturday said its fourth-quarter net profit rose seven per cent to Dh78.7 million from Dh73.6 ...

Libya wants Turkish companies to return
Turkey's prime minister has called on Libya to disband militia forces to restore security and assume full ...

Saudi- Defense Ministry clarifies presence of Iran warships in Jeddah
The Saudi Defense Ministry on Saturday clarified a news agency report on the Kingdom allowing two Iranian naval ships ...

UAE- Student killed in accident
A 17-year-old Arab student was killed on Friday evening after she was knocked down by a speeding car in Sharjah ...

Riyadh sandstorm turns day into night
A heavy sandstorm hit the Saudi capital yesterday, making the city totally dark after 4 p.m. as it swept through ...

Saudi- Company clarifies use of new gas regulators
Civil Gas Company has started to change the current serrated gas cylinder valve with a vertical ...

Saudi- KHC to distribute SR550m dividend
Kingdom Holding Company , chaired by Prince Alwaleed bin Talal, announced Saturday that pursuant to the ...

Saudi- Personal bank loans skyrocket 20 times to SR219 billion in 13 years
There has been a tremendous increase in the total value of personal loans extended by Saudi local banks in recent ...

Web site: D.C. best place for an affair
Web site: D.C. best place for an affairWASHINGTON, Feb 25, 2012 -- Washington, D.C., may be the best place to have an ...

Is Google your best doctor?
Has Google recently graduated to replace your doctor? From a source of raw, unprocessed information, Google's ...

Kuwait- Employee steals company's KD 7,000
A company filed a case at a police station against an employee who collected approximately KD 7,000 in the name of ...

Strike to resume at Frankfurt airport
Workers at Germany's Frankfurt airport announced Saturday that they were going to return to the picket lines ...

Obama: No Simple Solution to Gas Price Increase
US President Barack Obama has warned that there was no easy solution to the soaring gas prices, a challenge ...

Is Hamas' isolation over?
In the wake of revolutionary change in the Middle East, the forces of political Islam have scored one electoral ...

Jordan- Islamists launch new youth movement
A new youth movement with Islamist leanings was launched in Amman on Saturday with a call for "peaceful" changes ...

Young boy, girl held in Kuwait
A police patrol on duty in Salmiya arrested a young boy and girl who were behaving immorally at the parking area of a ...

Girl missing in Kuwait
A family filed a missing person case in Jahra police station when their daughter did not return home after visiting a ...

Bin Laden compound being demolished
Bin Laden compound being demolishedABBOTTABAD, Pakistan, Feb 25, 2012 -- The Pakistani compound where Osama bin Laden ...

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