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Sunday, April 15, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

'Expats working to oust Kuwaitis in bank jobs'
Waleed Al-Tabtabaei alleged on Saturday that government entities are doing little to promote leadership job ...

Saudi Arabia- CMA approves Al-Tayyar IPO
The Capital Market Authority board has issued its resolution approving Al-Tayyar Travel Group's initial public ...

Saudi Public Transport Co. posts SR6.72m profit
Saudi Public Transport Co. has announced its net income of SR6.72 million in Q1, 2012, compared to the net ...

Kuwait- Plastic surgery in flat - Arab woman held
Personnel from the General Immigration Department armed with a search and arrest warrant recently raided the ...

China gains confidence after widening Yuan’s trade zone
People Bank of China doubled the Yuan’s trading band signals against dollar, where this operation reflects the confidence in Chinese ...

US Dollar Index Classical Technical Report 04.16
US DOLLAR INDEX: The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. ...

SABIC approves SR15b dividends
The Annual General Assembly meeting of Saudi Basic Industries Corporation held on Saturday, under the ...

Kuwait- Boy 'beaten' by classmates
A Kuwaiti woman has alleged that her nine-year-old son's teacher instructed his classmates to beat him on his head, ...

eBay, Indonesia's Telkom to form e-commerce JV
PT Telekomunikasi Indonesia's CEO, Rinaldi Firmansyah, said that the company would form an e-commerce joint venture firm with eBay ...

Dh1.5 billion Sharjah auto park project launched
Giga investments, Dubai-based developer announced on Sunday the launch of the Sharjah Auto Park project, a joint ...

My call for an open, inclusive World Bank
We live in a time of historic opportunity. Today more people live in fast-growing economies than at any time in ...

Sudan oil back again to fueling strife
Sudan seems to have completed a full circle as far its oil wealth is concerned. It was an import country turned ...

Saudization of the industrial sector boosted
Arrangements are currently under way for the setting up of the first vocational training institute in the industrial ...

Saudi Arabia- Al-Khair to manage Tihama's priority share offering
Tihama Advertising & Public Relations Co. has appointed Al-Khair Capital Fund to manage the task of increasing its ...

Saudi real estate market needs SR500bn in five years
Saudi real estate market needs more than SR500 billion in the next five years to finance housing projects, a real ...

Saudi Arabia- Petchems pull down Tadawul
Disappointing earnings from petrochemical companies put a dampening effect on Tadawul as the index made its largest ...

Emerging market growth gathers pace in Q1 as manufacturing activity rebounds
Emerging market output rose at its fastest rate in three quarters in Q1, 2012 as a resumption of manufacturing growth ...

Kuwait- Arrested for cross-dressing
Police arrested two youngsters for cross-dressing and referred them to the investigations department, reports Al-Anba ...

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