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Wednesday, May 16, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Jurisdiction for hearing Nakheel cases clarified
The Government of Dubai Legal Affairs Department has issued a legal interpretation clarifying the appropriate ...

EU inflation rate drops
> The annual inflation rate in the 27-member European Union was 2.7% in April, down from 2.9% in March. ...

UAE- Al Bayader International plans massive expansion
Al Bayader International, one of the leading food packaging specialists in the Middle East, plans massive ...

Jordan- UNRWA workers get JD100 raise under final deal
A dispute between UNRWA workers and the agency came to a final close on Wednesday after the two parties reached an ...

Kuwaiti crude increase to 107.54 pb
> Price of Kuwaiti crude oil went up 49 cents to USD 107.54 per barrel in transactions on Tuesday, ...

UAE- Dh740,000 for a vehicle number plate
Over four million dirhams were raised through the auction of distinguished number plates in Fujairah under the ...

Dubai's Dnata acquires stake in UK's En Route International
UAE's Dnata stated that it bought a big stake in the UK supplier of bakery and packaged food solutions, En Route International, ...

Kuwait- 'Souk Haramiya' cleansed of almost all criminal activities
Farwaniya securitymen, led by Major General Abdul Fattah Al-Ali carried out security campaigns in several ...

Jordan- 'Work-related accident occurs every 29 minutes'
A total of 600 work injuries were recorded in the electricity sector last year, the Social Security Corporation ...

Jordan- Toukan says controversial comments taken 'out of context'
The release of "out of context" comments insulting anti-nuclear activists is part of wider efforts to discredit the ...

Jordan- Tourism revenues increase by 10.5% by end of April
Tourism revenues in the first four months of this year stood at JD776.7 million, an increase of 10.5 per cent ...

Jordan- Exports of industrial estates reach $530 million in Q1
Exports of industrial estates in Jordan reached $530 million during the first three months of this year. ...

Kuwait- Agility logistics post KD 7 mln in profit for Q1 of 2012
> Agility logistics company announced here Wednesday that the company has posted KD seven million in ...

UAE- Six students hurt in bus smash
Six students suffered minor injuries after a bus crashed into their school bus from behind at the entrance of ...

UAE- Methods of prescribing drugs to be updated
Medicine prescribing methods will be updated under a national drug policy that is currently being developed for ...

Political scandals cleanse governemnts
Political scandals sometimes perform a valuable function in cleansing governments. They destroy the political ...

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