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Wednesday, April 25, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- 200% fine for contract attestation defaulters
The Sharjah Municipality has disconnected the power and water connections to residential and commercial units ...

Drake & Scull bags Dh470m utility project in Abu Dhabi
Drake & Scull Water and Power, a wholly owned subsidiary of Drake & Scull International, or DSI, a regional market ...

US Embassy holds training for Saudi female journalists
In cooperation with Saudi Journalists Association , the US Embassy in Riyadh organized a four-day training ...

GCC stocks markets: Spring in the air
The GCC financial markets saw increasingly broad-based positive progress during the opening quarter of 2012, further ...

80-member Saudi trade mission set for US oil talks
An 80-member Saudi trade mission, sponsored by the US Commercial Service at the US Embassy, Riyadh, has left for the ...

Jazeera Airways holds AGM; 10% bonus shares approved
Award winning Jazeera Airways Group today held its Annual General Meeting of Shareholders at the company's ...

Emirates NBD's Dh641 million Q1 profit beats estimates
Emirates NBD, Dubai's largest bank by market value, reported a first-quarter profit of Dh641 million on the back ...

Saudi Aramco and KACST ink deal for high-tech venture
A new joint venture between two major companies in technology and oil sectors has been established to set up a ...

Saudi- SR452bn investment to spur power supply
Saudi Electricity Company is currently implementing new power generation and distribution projects at a total cost of ...

UK's GDP down by 0.2% in Q1, country in recession
UK's Office for National Statistics announced that the country's gross domestic product in the first quarter declined by 0.2 ...

Corrupting the corrupt
After 15 new ministers were inducted into the cabinet recently, Mr Right was raring to go to Islamabad along with ...

Kuwait- Many Lawyers acting against principles of humanity, nobility
Many lawyers have reportedly been acting against the principle of humanity and nobility, which are considered the ...

'Sorceress' arrested in Kuwait
Securitymen from the Criminal Investigation Department have arrested an Arab woman in Khaitan for practicing sorcery, ...

UAE- Girl beaten up during school recess suffers haemorrhage
The Abu Dhabi Education Council is investigating the case of an Emirati girl who suffered from brain ...

Fighting Islamophobia at British dinner tables
THE British Conservative Party's best-known Muslim, Baroness Sayeeda Warsi, projects herself as a common sense "woman ...

Saudi Arabia: Rights activists defend alleged drug smuggler!
Last week I wrote an article entitled "Al-Qaeda's rights" and the whole world was turned upside down, ...

Ordeal of abducted Saudis in Beirut ends
Two Saudi citizens, kidnapped and tortured for eight days in an apartment on the outskirts of Beirut, have been freed ...

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