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Monday, April 30, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Al Dabbous, Ssangyong unveil new Chairman car
Ssangyong South Korean Auto company announced the launch of its official showrooms in Riyadh, Dammam, and Jeddah, at a ...

Saudi- Public transport project: Buses first
Public transport in any city is the symbol of its advancement and progress. Therefore, people in their gatherings ...

UAE nominal GDP grows to USD362.7b in 2011
Institute for International Finance stated that the UAE's nominal gross domestic product expanded by around USD62.6 ...

U.S. Consumer Spending Slows, Income Rises Slightly
U.S. consumer spending rose more slowly in March, suggesting some consumer concerns about the economy, while ...

Jordan- 'Soft containment' of press on the rise
A majority of journalists believes that public figures and institutions use various means of "soft containment" to ...

Jordan- Central bank cuts interest rate on loans to industry
The Central Bank of Jordan on Monday reduced its interest rate on loans extended to banks under its ...

Investment rate in EU drops
> In the fourth quarter of 2011, compared with the third quarter of 2011, the business investment rate ...

Saudi- STC offers Axis Indonesia pre-paid customers recharging services
STC has launched its latest service over the international roaming network by offering AXIS Indonesia Telecom, a ...

Saudi King discusses key issues with Lieberman
Custodian of the Two Holy Mosques King Abdullah held wide-ranging talks with US Sen. Joseph Lieberman, chairman of the ...

Saudi- King Abdullah's SR 81.5 bn fillip to education
Custodian of the Two Holy Mosques King Abdullah inaugurated here yesterday the first phase of the university and ...

Twitter will not kill journalism
Meshari Al-Dhayedi recently joined the clamor triggered by the fear that the Twitter age has heralded the end of ...

UAE- DP World posts 9.5% growth in Q1
DP World, the world's third-biggest marine port operator, on Monday announced a dividend of 24¢ per share and ...

Dubai Trade saves Dh148b in five years
The time-saving efficiency of e-services developed by Dubai Trade FZE, the leading trade facilitator under Dubai ...

Pakistan seeks $26 billion trade with UAE
Pakistan seeks to double its trade volume with the UAE to $26 billion in the next couple of years as it offers ...

Of EU austerity and reversals
Despite demanding deep government spending cuts across the continent, the European Union's executive body has ...

KFH achieves 1.15% returns on three-yr Kuwaiti dinar deposit
Kuwait Finance House announced the distributions of returns for investment deposits that it offers to its ...

Kuwait- Minister 'detained' in traffic violation
Police have arrested a newly-appointed unidentified minister for violating the traffic law and skipping the red ...

Kuwait- Husband preferres to have sex 'his way'
A female Egyptian teacher has filed a complaint with the Salmiya Police Station accusing her husband of beating her, ...

Muslim-Americans: On road to Americanization
America has come a long way throughout the past decade. Post-9/11, anti-Islamic groups like Stop the Islamization of ...

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