Kumaresan Selvaraj pillai


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Saturday, March 24, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Ford lays foundation for $1B India factory
Ford Motor Co. said that it laid the cornerstone for a new billion dollar factory in India, AP ...

Ukraine, Russia gas talks set for May
Ukrainian and Russian officials said that they expect to resume talks about a natural gas contract in May ...

Dubai announces crude oil price for June
The Department of Oil Affairs in the government of Dubai on Thursday announced that it had notified its customers ...

UAE- Gold gained 480% in 10 years
Gold can be a star performer for investors in 2012, just as falling imports of the metal into India undermine the ...

Draghi warns that a Greece euro exit would stoke instability
European Central Bank President Mario Draghi warned Friday that a possible exit by Greece from the eurozone ...

Newspapers trusted over social media in UAE
UAE residents have given traditional media like newspapers the thumbs for credibility despite the onslaught of ...

UAE bank lending growth reasonable
The UAE bank lending growth rate is "reasonable" and projects in the country will not suffer from funding ...

Saudi Arabia an e-govt 'emerging leader'
Saudi Arabia has been ranked 41st out of the 193 countries by the United Nations in terms of the level of e-government ...

Arab stocks volatile on profit-taking ahead of Q1 results
Arab stock markets ended last week mixed due to profit-taking tactics due to lack of new incentives and ahead of the ...

Saudi- Bulls-bears war ends in a standoff at Tadawul
A huge tug of war was going on between the bulls and bears at Saudi stock market last week but it ended in a standoff ...

High oil prices and ability to step up production keep Saudi's economy afloat
Saudi Arabia continues to perform well in macroeconomic terms, largely as a result of high oil prices and the ...

Man falls from building in Kuwait
An Afghan sustained various injuries when he fell from a building under construction in Fintas area, reports Al-Watan ...

Police trail rapists in Kuwait
Ahmadi police are looking for three men for raping a Kuwaiti woman, reports Al-Anba daily. The woman filed a ...

Clinton to Open Way to Resume Aid to Egypt
U.S. Secretary of State Hillary Clinton will open the way on Friday to resuming US$1.3 billion

Egypt Pumps Fuel to Gaza Amid Energy Crisis
 Egyptian authorities said 900,000 liters of diesel would be pumped on Friday morning through the Kerem ...

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