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Monday, May 14, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Greece mired in crisis Cabinet talks
Emergency Greek Cabinet talks yielded no clear progress on Sunday, raising the prospect of new elections that could ...

IT is a different game now
Is the honeymoon period over for the Indian software sector? The IT industry may not be able to sustain the ...

UAE lending, deposits up in Q1
Lending in the country rose 0.3 per cent, while deposits increased by 7.1 in the first three months of the year, ...

Saudi- Social media abuzz with union idea
Users of social media network always discuss current topics. What is interesting today is that GCC citizens have ...

Jordan- Phosphate workers to demand re-nationalisation of company
Jordan Phosphate Mines Company employees are planning to gather outside JPMC headquarters in Abdali on ...

Hollande's new world
When Francois Hollande, fresh from his election as France's next president, was asked by a journalist which ...

$100 oil great: Saudi Arabia
Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global ...

UAE- Aabar boosts Arabtec stake, now has 53%
Abu Dhabi's Aabar Investments has acquired a 53 per cent controlling stake in leading UAE construction company ...

Riyadh fair to create 5,000 jobs
Deputy Labor Minister for Planning and Development Abdullah Al-Haqabani opened yesterday the 3rd Saudi Job Fair ...

Software thefts in KSA hit SR 1.7 billion, says BSA study
Software thefts in Saudi Arabia cost developers almost SR1.7 billion, according to a major study conducted by the ...

Saudi- IDB, Niger reach $ 20 m deals to support food security
Mahamadou Issoufou, president of Niger, received Ahmad Muhammad Ali, president, Islamic Development Bank Group, at the ...

Saudi- Islamic economics growing in strength: NCB CEO Abdulkareem Alnasr
With an estimated $1.2 trillion in assets in 2012, Islamic banks have now developed in size and capability to such an ...

Saudi to invest SR500 billion in water, power projects
The power and water sectors are experiencing a massive boom in Saudi Arabia, said Deputy Minister for Water Affairs ...

Whitney Houston's family in reality show
Late singer Whitney Houston's family will star in a reality show titled "The Houston Family Chronicles". The ...

Kuwait- Filipina Rape 'victim' says she lied to protect boyfriend
A Filipino woman who claimed to have been kidnapped and raped to the level of bleeding later confessed lying to ...

Jordan- University student in critical condition after stabbing himself
An Al al Bayt University student stabbed himself in the head on Sunday due to "emotional disputes", according to ...

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