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Wednesday, April 4, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Gold plunges to its lowest level since January
Gold plunged to its lowest level since January on Wednesday as a surging dollar sapped demand for precious ...

GCC nationals invest USD3.26b in Dubai's real estate sector
Dubai's Land Department said that in 2011, citizens of the Gulf Cooperation Council invested around USD3.26 billion in the ...

SIDF capital doubles to SR40bn in major boost for Saudi industry
Custodian of the Two Holy Mosques King Abdullah has doubled the capital of the Saudi Industrial Development Fund ...

Atlanta Man Convicted of Billing $32.9 Million for Worthless Services While Operating "Horrendous" Nursing Homes
Atlanta Man Convicted of Billing $32.9 Million for Worthless Services While Operating "Horrendous" Nursing HomesApr 04, 2012

QNB Group net profit rises 17.4% to 2bn Qatari riyals
QNB Group has announced its financial results for the three months ended March 31, 2012. The group recorded a net ...

Foreign investment catalyst for Saudi's rapid economic growth
Saudi banking experts and economists are keen that officials should strive for mobilizing more foreign investments and ...

Kuwait- Global economy faces three key risks in 2012
KCIC, an investment firm specializing in investments in Asia, recently hosted a closed discussion with IHS Global ...

USDollar Break Above 10134 Would Signal Epic Shift
Daily Bars Prepared by Jamie Saettele, CMT The Dow Jones FXCM Dollar Index advance stalled at interim resistance ...

Egyptian beaten mercilessly in Kuwait
A 41-year-old Egyptian who was beaten mercilessly by unidentified persons has been admitted to the Farwaniya ...

Obama's incumbency versus Romney's hurdles
Reality smacked Mitt Romney in the face twice in a 24-hour span. President Barack Obama used the power of the ...

Qatar Airways in Hertz rental partnership
Hertz and Qatar Airways have partnered to provide the airline's passengers worldwide the ability to book Hertz rental ...

DME Oman contract trades 3bn barrels of oil since launch
Dubai Mercantile Exchange , a major energy futures exchange in the Middle East, announced the increasing success ...

UAE reaches agreement on employment terms of Indians
Contract workers from India will be able to read the terms and conditions of the labor contracts before arriving in ...

UAE- DGCX records highest monthly volumes in March
March volumes on the Dubai Gold and Commodities Exchange registered a substantial growth of 141 percent from ...

Saudi's infrastructure projects spending expected to rise 7% in 2012
Saudi Arabia entered 2012 with positive fundamentals supporting growth: High oil prices and elevated oil output, ...

Mother runs over girl in Kuwait
A four-year-old girl was admitted to the Intensive Care Unit of Jahra Hospital after her mother unknowingly ran over ...

Boy refused to be taken out by mother commits suicide in Kuwait
In a very tragic incident, a boy hanged himself to death in his house just because his mother refused to take him ...

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