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Friday, March 9, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

36 Billion Euros Release to Greece
Eurozone finance ministers on Friday cleared 35.7 billion Euros out of the second Greek ...

Fitch Rates Greek Debt Deal as "Restricted Default"
Ratings agency Fitch downgraded Greece's credit rating to Restricted Default on Friday, following ...

Saudi Arabia tops 2011 Arab patent list
Saudi Arabia has topped the list of Arab countries in terms of patents registered last year, capturing 147 patents in ...

Saudi stock market in grip of emotions
The prices of Saudi stocks moved upward for several weeks in a row on relatively high turnover. The market was in the ...

Saudi- Abu Dhabi likely best placed if Hormuz Strait closes
Abu Dhabi will become the oil producing member of the Gulf Cooperation Council that is best insulated from a ...

Saudi- $1.1 trillion construction projects under way for 2012
Saudi Arabia has more than 1,000 projects worth over $1.102 trillion under way for 2012, a report from CPH World ...

Saudi- share accounts for 75% in GCC plastic industries
The volume of annual production of plastic industries in the GCC countries is set to grow by 73 percent in 2015 from ...

OPEC sees flat oil market for 2012
Arab News OPEC is predicting a flat market for oil due to weak economic performance in developed nations. The ...

Qatar's real nonhydrocarbon GDP growth expected at 9%
Qatar remains one of the fastest growing economies in the world. In 2011, the real GDP, as per IMF estimates, is ...

UAE- Two swimmers drown in no-go area
Two Bangladeshi teenagers drowned off the beach near Coral Beach Hotel in Sharjah when they were swimming with ...

China monthly inflation falls to 3.2%
China's main measure of consumer price inflation fell to 3.2 per cent in February, its lowest level for 20 ...

UNIDO Allocates 10 Million Dollars to North Kordofan in Sudan
The United Nations Industrial Development Organization has allocated USD 10 million for capacity ...

Kuwaiti Girl stabbed in the back
A Kuwaiti girl was rushed to the intensive care unit of Mubarak Hospital after a compatriot stabbed her in the back, ...

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