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Saturday, May 5, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US Unemployment Falls to 8.1 per cent
The US unemployment rate fell to 8.1 per cent in April, the Bureau of Labour Statistics said Friday. The ...

U.S. Productivity Drops Sharply
U.S. worker productivity fell in the first quarter by the most in a year, as companies hired more workers to ...

S&P sees rising market confidence in Dubai
Standard & Poor's, a leading global rating agency, said that the Dubai government has "a clearer strategy and ...

Fourth generation Honda CR-V debuts in Saudi Arabia
Abdullah Hashim Co. Ltd. , sole distributor of Honda vehicles in Saudi Arabia, has introduced the all-new Honda ...

Pluralism key to Egypt peace
Rapid political developments have become a fixture of Egyptian politics in the post-Mubarak era. In the past ...

UAE- ATM ends with new projects deals
The four-day Arabian Travel Market concluded on Thursday with a number of project announcements and several new ...

Saudia Q1 passenger traffic grows 26%
Saudi Arabian Airlines transported 5.72 million passengers in the first quarter of 2012, an increase of 1.17 million ...

Saudi equity market cap falls to SR1.48 trillion in April
After a stellar performance in the first quarter of this year, the Saudi stock market failed to maintain the positive ...

Saudia reports 26% increase in Q1 passenger traffic
Saudi Arabian Airlines reported 26 percent increase in passenger traffic to 5.72 million passengers in the first quarter ...

Saudi Telecom targets 500,000 homes with fibre this year
Saudi Telecom Co is hoping to reach up to 500,000 homes across the kingdom with optical fibre for high-speed broadband this ...

UN Imposes Sanctions On Three North Korean Companies
The United Nations has named three North Korean companies subject to financial sanctions due to their ...

LG Group to Close Non-Core Businesses by Year's End
LG Group, South Korea's fourth-largest family-run conglomerate, is expected to spin-off or close down seven ...

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