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Tuesday, April 24, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Labor Ministry considers limiting IT and communications jobs to Saudis
The Ministry of Labor considers limiting jobs in communications and IT to Saudi citizens only. "Foreigners will be ...

Apple doubles profit on solid iPhone sales
Proving the sceptics wrong again, Apple nearly doubled its profit last quarter thanks to much ...

Abu Dhabi's Manazel to launch IPO in 2012
Manazel Real Estate's chairman, Mohamed Mehanna Al Qubaisi, stated that in 2012, the developer will launch an initial public ...

Qatar Telecom to pay off 2012 debt from own pocket
Qatar Telecom said it will resort to its "cash on hand" to finance its commitments that are due this year, and that is not ...

Saudi- SR1bn projects to bolster education
Higher Education Minister Khaled Al-Anqari yesterday signed contracts worth more than SR1 billion to carry out a ...

Australian Market Outlook - 04.25.2012
--- Created by Ilya Spivak, Currency Strategist for Dailyfx.com To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at ...

Buying interest reduces at Tadawul
The Saudi stock market continued to fall yesterday. The index fell nearly 1.39 percent in three days. Tadawul ...

Saudi promoting inventors' rights
The Saudi Forum on Intellectual Property kicked off on Monday at the headquarters of King Abdul Aziz for Science and ...

Saudi- Penalty set for firms with excess foreign workers
All companies in the private sector would have to make a non-refundable monthly payment of SR200 to the Human ...

Dubai plans $1b sukuk
Dubai is all set to launch a dual-tranche Islamic bond, or sukuk, to raise at least $1 billion, the issue ...

UAE- Hotel revenues up 1% to Dh1.2b in Q1
Abu Dhabi has seen double-digit growth in both hotel guests and guest nights in the first quarter of this year ...

UAE- Mashreq profits rise as assets quality improves
Mashreq, one of the UAE's leading national financial institutions, on Tuesday declared a modest increase in its ...

U.S. New-Home Sales Plunge
Sales of new U.S. homes fell in March by the biggest amount in more than a year, the government reported ...

Saudis warned against kidney transplant brokers in Pakistan
The Saudi embassy in Pakistan asked Saudi citizens traveling to Pakistan for kidney transplant operations not to pay ...

Is it late to save East Jerusalem?
In the frustrating pursuit of Palestinian-Israeli peace settlement based on the concept of a two-state solution, one ...

Hidden hands behind Sudan's oil conflict
Once again Omar Bashir, the president of Sudan, waved his walking stick in the air. Once again he spoke of splendid ...

Syria: A Christian-Salafi Jihadist!
The Assad regime's disregard for reality has reached the extent that it has accused a Syrian Christian opposition ...

Kuwait- Love-hit Asian in suicide bid
An Asian expatriate sustained 3rd degree burns on his body due to an unsuccessful suicide attempt in his room in ...

Six expats acquitted in visa forgery cases in Kuwait
The Criminal Court presided over by Judge Faisal Al-Askari acquitted six expatriates from the case filed against them ...

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