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Saturday, March 3, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

BP reaches USD7.8b partial settlement in Gulf of Mexico oil spill trial
British Petroleum said that it reached a USD7.8 billion agreement to resolve claims from fishermen and other private ...

Moody's lowers Greece's sovereign debt rating to C
Moody's Investors Service said that it lowered Greek sovereign debt rating to C from Ca, marking the lowest possible level ...

Owners avoid renting out apartments to Saudis
The National Society for Human Rights plans to take steps against building owners who discriminate against ...

Saudi- Zain Saudi Arabia launches Zain Dealz
Zain becomes first local telecom provider to launch permission-based advertising. From the Mobile World Congress ...

Jordan- Infant orphaned in heater accident
A two-month-old girl was the sole survivor of a heater accident that claimed the lives of her parents in Irbid on ...

Jordan- Just Married
Newlyweds Shafiq Qadan and Afnan Shuaibi sit in a Civil Defence Department rescue vehicle Friday. CDD ...

Porsche Centre Saudi Arabia celebrates new 911 Carrera arrival
Porsche Centre Saudi Arabia, SAMACO, recently celebrated the arrival of the new 911 Carrera and Carrera S Coupe with a ...

GM to pull plug on Volt production for 5 weeks
GM to pull plug on Volt production for 5 weeksMar 03, 2012 ...

Mortgage market gains momentum in GCC
Getting mortgages right is one of the most important challenges facing the GCC region. Housing demand is driven by the ...

Crude markets on edge as Iran sanctions bite
The squeeze is tightening. The spare cushion is dwindling. Vulnerability is getting evident. And crude prices are ...

Saudi- Housing Ministry takes steps to curb unjustified rent hikes
The Ministry of Housing is currently working on a system to limit housing rents, local Arabic daily Al-Madinah ...

Saudi- Frenchwoman looking for Sri Lankan mother in Kingdom
A 33-year-old woman adopted by a French couple in Sri Lanka when she was an infant is looking for her Sri Lankan ...

Jordan- Arab Spring has passed point of no return
His Majesty King Abdullah said the Arab Spring is a call for dignity, justice and freedom, and that there is no ...

Jordan- Nurses suspend sit-in after ministry proposal
Public sector nurses on Saturday decided to suspend their sit-in and cancel their planned open-ended work stoppage ...

Saudi- Tadawul continues its upward march
Saudi equities spent the entire day with impressive gains. The Tadawul All-Share Index extended gain for the ...

US troops should know better
The recent "Qur'an burning" incident in Afghanistan is not the first time American and international troops have ...

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