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Saturday, May 19, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US- Unemployemnt down in 37 states in Apr
The US Labor Department stated that unemployment rates decreased in over sixty percent of the country's states, reported ...

Stocks fall on Europe worries; Facebook debuts
It's going to take more than Facebook's initial public offering to push the stock market higher, AP ...

UN: Slow global economic recovery may lead to another recession
UN Secretary General Ban Ki-moon warned Friday that the current slow economic recovery may portend another ...

Kuwait- KSE site hacked on day of launching
The website of Kuwait Stock Exchange was hacked on the day it was launched, reports Al-Jaridah daily quoting ...

Kuwait- Visas obtained for 15 fake firms sold to expats at KD 1,300 each
During a crackdown on visa traders, personnel from the General Department for Immigration Investigation have arrested ...

Saudi pioneers and mega achievements
.On Tuesday , I saw a short press release from the Swedish Embassy stating that His Majesty King Carl XVI ...

Saudi- Bahra Cables to launch automated warehousing facility
.Within its general strategy to keep abreast of latest global business development, Bahra Cables Co. Ltd., a CPC ...

Hyundai provides vehicles for top sports event
.Hyundai Motor is to provide 366 of its most exciting vehicles for use by UEFA EURO 2012 officials, guests and others ...

Saudi- KSA nonoil exports rise 31 percent to SR 176.57 bn
.The value of Saudi Arabia's nonoil exports rose by 31 percent to SR 176.57 billion in 2011 compared to the previous ...

Saudi- Wastage major cause for soaring food prices
.Excerpts: Asia and Africa are teaming up with places with agricultural resources and potential to develop ...

Saudi Arabia's 2011 exports hit USD 47b
Official report showed that Saudi Arabia's nonoil exports increased 31 percent to USD47.07 billion in 2011 compared to USD35.88 ...

Qatar to deposit USD200m in Bulgaria
Qatari Prime Minister Hamad Bin Jasim Bin Jabr Al Thani announced that the top LNG exporter will deposit USD200 million in the ...

Israel's turn against the Assad regime
.It is not natural for the Israeli political and military establishment just to watch the events and violence taking ...

Gulf unity does not target Iran
.THOSE who believe that Iran poses a real threat to security and stability of the Gulf region cannot be more wrong. ...

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