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Wednesday, May 2, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Symantec profit soars to USD559m in Q4
Symantec Corp. announced that profit in the fourth quarter that ended March 31 soared to USD559 million, up from USD168 million in ...

Jordan- Over 100 press freedom violations committed last year
A total of 106 cases of violations to press freedom were recorded in 2011, according to a report issued on ...

ExxonMobil signs USD 100 mln contract to drill 20 oil wells in Iraq
> US oil giant company ExxonMobil Corporation on Wednesday has signed a contract with the Iraqi ...

US to auction USD 72 bln of securities
> The U.S. Department of Treasury announced Wednesday it will auction USD 72 billion of the country's ...

UAE- Taqa's Bergermeer Gas Storage Project Receives Approval
> Abu Dhabi National Energy Company PJSC , a publicly listed company on the Abu Dhabi ...

Dubai deal on underwater hotels and floating cities
Dubai is all set to open newer horizons in the tourism and hospitality sector with a novel initiative to develop ...

Sharjah tourists rise 11per cent
Hotels in Sharjah recorded 78 per cent occupancy levels in first quarter as international travellers continue to ...

IMF sees GCC growth settling at 5.3% in '12
With stability returning to other oil producing countries, the GCC will return to normal oil production levels and ...

Six cable car routes planned for Makkah
The Center of Excellence for Haj and Umrah Research at Umm Al-Qura University has recommended the introduction of ...

Can the Syrian regime succeed this time too?
It continues to indulge in propaganda campaigns and crimes against people with no fear of retribution The Syrian ...

Keeping cool in the nuclear heat
Perhaps it is going too far to say, as someone did after the Gulf of Mexico oil spill two years ago, that most ...

AJIL issues SR 500 m sukuk in Saudi Arabia
AJIL Financial Services Company CJSC has successfully issued its first off-balance sheet sukuk in Saudi Arabia for SR ...

Saudi- Moody's confirms SABB's Aa3 long-term deposit ratings
Moody's Investors Service, one of the world's major rating agencies, has confirmed the Saudi British Bank's ...

Poor handling disrupts 7,000 containers at Riyadh dry port
Poor handling of containers at Riyadh dry port has disrupted clearance of 7,000 containers loaded with different types ...

UAE- IMF's economic outlook for MENAP shows growth despite historic transitions
Hosted by the Dubai International Financial Centre , the financial and business hub connecting the region's ...

Saudi Arabia to invest SR 200 bn in aviation sector
Saudi Arabia plans to invest SR200 billion in air transport industry in the next five years, Muhammad Jamjoom, vice ...

Kuwait- Woman pours boiling water on wife of ex British ambassador
Police are looking for an unidentified woman for pouring boiling water on the wife of the former British ambassador ...

Kuwait- Filipino Gay Sex for KD 10
Police from the Vice Department have arrested a gay Filipino and referred him to authorities prior to his deportation ...

Jordan- Child killed in hit-and-run; 1 dead, 5 injured in accidents
A four-year-old was killed in a hit-and-run in Jadaa, north of Karak, according to the Civil Defence Department ...

Jordan- Stray bullet hits child in head
A child was struck in the head on Wednesday with a stray bullet fired by a man who was celebrating his son's ...

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