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Wednesday, March 7, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Damas heist cracked in 48 hours, 4 nabbed
The Sharjah Police have cracked the jewellery heist and break-in at Lulu Centre in Rolla area within 48 hours with ...

Saudi- Continuous dependence on oil toughest challenge
A top-ranking member of the Saudi Cabinet has called for urgent steps to advance and develop the Kingdom's downstream ...

Saudi money supply growing by 4.1%
Saudi Arabian fiscal and monetary policies enhanced the operating environment for Saudi banks during the last quarter ...

Kuwait- Plastic arts exhibit shut - 'Traditions violated'
The Ministry of Commerce, in coordination with its Interior counterpart, has ordered closure of the plastic arts ...

Fourth Quarter U.S. Worker Productivity Up, Labor Costs Up
U.S. workers were more efficient at the end of last year, although their gains in productivity have slowed ...

U.S. Job Creation Up in February
The pace of job creation by private employers accelerated in February, reinforcing hopes that Friday's ...

Kuwait- Rejected eve-teaser flees after pinching sensitive part
A girl has filed a complaint at Fahaheel Police Station against an unknown man, who allegedly harassed her inside a ...

Saudi Dar Al Arkan able to repay USD1b sukuk
Saudi Dar Al Arkan's CFO, Andy Raheja, said that the firm would repay a USD1 billion Islamic bond due this year, rpeoretd Arabian ...

A huge data was issued today that affected the Asian trading
The Asian trading session today is full of fluctuations, where most of the major Asian currencies were trading negatively, where a huge ...

HSBC, Hang Seng to sell insurance units for $914m
HSBC Holdings Plc and Hang Seng Bank Ltd. said in a regulatory filing Wednesday that they have agreed to sell their ...

Saudi- BRIC economy to become world's largest by 2014
Increasing shift in institutional global capital allocations toward emerging markets, driven by growth, returns, ...

Saudi- Global Takaful market may hit $25 billion mark
Dubai will host more than 350 international Islamic insurance leaders at the 7 Annual World Takaful Conference which ...

Hyundai promotes i-oniq concept
The first image of Hyundai's new i-oniq concept car has been released, showcasing new technology and design which ...

Iran and a nuclear weapons ban
The potential for catastrophe regarding Iran is great. It is Israel, obviously, which most feels and asserts the ...

Muslims must counter bigotry and hatred online
According to the British Runnymede Trust, Islamophobia "is a useful shorthand way of referring to dread or hatred of ...

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