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Wednesday, March 14, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Kuwaiti govt increases salaries by 25%
In a bid to counter the effect of increasing inflation on citizens, the Kuwaiti government stated that it would increase ...

China's growing growth risks
If everything goes right for China, it will surpass the United States as the world's largest economy, in current ...

UAE- Dewa to repay USD330m loans ahead of schedule
CEO of Dubai Electricity & Water Authority , Saeed Mohammed al-Tayer, announced that the authority would start paying back ...

'Virginity test' case highlights challenges for women in Egypt
Most of us were not surprised to see the doctor who performed the illegal and violations of basic human rights and ...

End of Japanese illusions
March 11, 2011, was a transformational moment for the Japanese people. It not only shattered the public myth of ...

Saudi- Banks' cautious approach may hurt SME growth
Extraordinary efforts are underway in the Gulf region focusing on the financial and banking sectors to resolve the ...

Saudi- Dow Jones report denied by oil minister
Petroleum and Mineral Resources Minister Ali Al-Naimi yesterday denied a Dow Jones report on the Kingdom's current oil ...

Kuwait Petroleum and Total sign deal for China project
Total has signed a comprehensive Memorandum of Understanding with Kuwait Petroleum International 1 and ...

Masked intruders prevented from entering University of Jordan campus
A group of masked men carrying sticks tried to trespass on the University of Jordan campus on Tuesday, a ...

UAE- Robber gang busted
The Sharjah Police have arrested a gang of seven Pakistanis who allegedly robbed money and a truck from a driver ...

Jordan- Phosphate company responds to corruption allegations
The Jordan Phosphate Mines Company on Tuesday issued a statement over official statements and news reports ...

UAE- Pharmacist gets life term for selling narcotic pills
The Fujairah Criminal Court of First Instance on Tuesday sentenced an Arab pharmacist to life imprisonment for ...

UAE- NBAD clears 30% dividends and 35% bonus shares
The shareholders of nation's second biggest bank by assets National Bank of Abu Dhabi have approved ...

Second industrial city takes shape in Jeddah
Makkah Gov. Prince Khaled Al-Faisal will open today the second industrial city in Jeddah and lay the foundation stone ...

Why Israel attacked Gaza: Bibi stirring trouble
The first Israel missile sped down to its target, scorching the Gaza earth and everything in between. Palestinians ...

Saudi academic accused of spreading sedition
The special summary court in Jeddah held a hearing to try a Saudi academic accused of agitating public opinion against ...

Saudi- Al-Dandani case defendant sorry for verbal outburst
The special summary court in Jeddah listened to the defense of six alleged members of Al-Dandani terrorist cell that ...

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