MENAFN Summary- Daily Business News

EU Economic Commissioner : Portugal on "Right Path" Heavily indebted Portugal is "on the right path" to address its fiscal situation, EU Economy Commissioner Olli ... UAE seeks industry expansion The UAE Minister of Economy Sultan bin Saeed Al Mansouri on Wednesday said that the UAE sought to raise the ... Saudi- Retail investors, speculation driving Saudi market growth Speculation has been the driving force behind the Saudi stock market's rally and record volumes make it more ... Bahrain expected to register real GDP growth of 3.6% in 2012 The real GDP growth in Bahrain is expected to have come down to 1.5 percent in 2011, as per IMF data, compared to a ... Jordan- Arab stocks surge ahead of Q1 results Arab stock markets, excluding Egyptian shares, extended gains last week buoyed by dividend distributions and ahead of ... UAE- HSBC takes bonds to Asian investors HSBC has issued the first offshore RMB bond for a Middle Eastern Issuer, with the launch of Emirates NBD's ... SWIFT blow to Iran trade Belgium-based SWIFT, which facilitates the bulk of global cross-border payments, will on Saturday cut off Iranian ... Saudi- Petromin delivers lubricants service van to Hyundai Almajdouie Petromin, a major engine oils and lubricants manufacturer in Saudi Arabia, presented the key of its mobile maintenance ... UAE- Xperia S launched in Mideast Sony Mobile Communications, formerly Sony Ericsson, has announced the Middle East launch of Xperia S smartphone at a ... Tabreed starts new cooling plant in Ajman National Central Cooling Company has inaugurated its second district cooling plant in Ajman. The new ... Russia's Inflation Hit 1.1% By March Russia's inflation rate hit 1.1 % as 12 March compared to 3.4% for 2011, according to Statistics Goskomstat ... Kuwait- 102 Asians referred to deportation center As many as 102 Asians were referred to the deportation center for violating the residence, labor and other laws, ... Kuwait- Cellphones into prison The Central Prison administration referred two guards to Sulaibiya Police Station for trying to smuggle five cell ... Kuwait- Egyptian couple flies to home country leaving behind newborn baby In an appalling case of parental neglect, an Egyptian couple left for their home country, leaving behind their ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.