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Wednesday, April 18, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- 4 conditions laid out for job transfer
The Ministry of Labor has set four conditions for foreign workers to transfer their iqamas from red or yellow ...

Dubai foreign trade crosses Dh1 trillion for the first time
Reflecting an economic robust of the country, Dubai foreign trade set a record growth of 22 per cent in 2011, ...

Saudi- STC Q1 net profit rises 60% to SR2.52bn
Saudi Telecom Co. has reported a 60 percent increase in first-quarter net profit, as revenue in its mobile, ...

Propagating lies about Afghanistan
In the midst of the Taleban attacks in central Kabul on Sunday, a journalist called the British embassy for a comment. ...

Attempted rapist gets 83 years in prison
Attempted rapist gets 83 years in prisonKOKOMO, Apr 18, 2012 -- A man ...

GCC foreign assets to hit $2.1t
The GCC countries will experience robust growth in 2012 on the back of high oil revenues that are expected to hit ...

Islamic finance set to surge
The Eurozone crisis and widespread protests against the global financial system present the $1 trillion Islamic ...

OIB, HSBC Oman merge
HSBC Bank Middle East Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc, has entered into an agreement ...

Kuwait- New proposal on 'free food'
MP Mubarak Al�"Waalan has submitted a number of queries to Deputy Premier and Minister of Defense Sheikh Ahmad ...

IDB, IFC to invest $100m to support infrastructure projects
Marrakesh, Morocco: The Islamic Development Bank and the International Finance Corporation , a member of ...

Cosmetics spending in Saudi Arabia may exceed SR10bn
The Kingdom's female citizens spend more on cosmetics and hair per capita than any other women in the world. "The ...

Saudi- Cement sales hit new record: Report
Cement sales in March 2012 grew by 12.6 percent to reach 4.9 million tons, a record high for monthly sales, based on ...

Age of consent for marriage of Saudi girls soon
The Justice Ministry will soon make an announcement to establish the age of consent for Saudi women to marry, local ...

Saudi students throng US stall at education fair
The number of Saudis studying in the United States has soared recently with more than 50,000 of them currently ...

Is Turkey weighing army presence in Syria?
With international peacekeepers overseeing a shaky cease-fire in Syria, Turkey appears to be moving closer to creating ...

Syrians entering Jordan with 'injuries, signs of torture'
Two injured Syrians were rushed to a Mafraq hospital late Tuesday evening in the most recent case of a rising tide ...

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