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Monday, March 26, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Emirates NBD issues 5-year USD 1b fixed rate bond
Emirates NBD has priced a 5-year US$ 1 billion fixed rate bond. The US$ 1 billion issue was three times ...

Hyundai heavy duty truck arrives in Saudi Arabia
Mohamed Yousuf Naghi Motors, dealer of Hyundai heavy duty trucks in Saudi Arabia, launched the Hyundai heavy duty ...

Saudi- SRO discusses rail master plan
The Saudi Railways Organization plans to further expand the Kingdom's railway system by linking its various regions. ...

Jordan- Government allows million-man march towards Jerusalem
Jordanian authorities confirmed on Sunday that they will permit a planned march in the Jordan Valley on Friday as ...

Italy to see "less recession" in 2012: Monti
Italy's Prime Minister, Mario Monti, said that due to strict austerity measures followed by his government, the country will see ...

GM to recall over 6000 vehicles for steering problems
The National Highway Traffic Safety Administration reported that General Motors would recall over six thousand 2012 Chevrolet ...

Jordan- Court ups sentence for man convicted of molesting his daughters
The Criminal Court has sentenced a 40-year-old man to nine years and four months in prison for molesting his ...

Saudi- Tadawul sustains upward march
Saudi equities sustained its upward march yesterday and closed the day with impressive gains. The Tadawul ...

UAE- Gulf must look beyond hydrocarbon wealth
Mohammad Al-Tuwaijri, regional head of global banking and markets at HSBC in the Middle East and North Africa ...

Jordan- GDP per capita increased by 5% last year
Industry and Trade Minister Sami Gammoh said on Sunday that the growth rate of the Kingdom's gross domestic product ...

At last, Saudi women in the Olympics
When Saudi sports commentator Reema Abdullah carries the Olympic flame for the 2012 London Games, she will write yet a ...

Europe's American cushion
When US President Barack Obama spent 10 days in Asia last November to publicise the new US pivot to that region, ...

Kuwait- Girl student sues KU rector, education minister
Attorney Zaid Al-Khabbaz filed a case on behalf of a female student against the rector of Kuwait University as well ...

Slow eclipse, sudden death of Osama's enterprise
We know who killed Osama Bin Laden on the night of May 2, 2011, but who killed Al-Qaeda, once a deadly transnational ...

Saudi- Medical firms pay huge fines
Medical institutions in Jeddah have paid the most fines for violating health regulations in the Kingdom, according to ...

Prices of baby milk rise by 35% in Jeddah
Prices of certain brands of baby milk have shot up as much as 35 percent in the space of only a couple of days in ...

Jordan- Authorities detain suspected Syrian 'spies'
Authorities confirmed on Sunday the arrest of several Syrian army defectors on suspicion of spying for the Syrian ...

Kuwait- Egyptian caught harassing US woman with 'indecent' exposure
Police arrested an Egyptian man for harassing an American woman by showing his private parts to her, reports Al-Rai ...

Attack on Kuwaiti players: 7 referred to prosecution
The Dubai Police have referred seven Emirati youths, who allegedly attacked Kuwaiti jet ski team members, to the ...

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