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Wednesday, May 23, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Oil pinned around $109pb on 'progress' in Iran talks
Oil was pinned around $109 per barrel on Tuesday, underperforming other demand sensitive assets, as signs of a deal ...

Jordan- Investments soar by 64% to $600b in four months
Volume of investments benefiting from investment laws in Jordan exceeded half billion dollars during the first four ...

Kuwait to spend $6b on airport
The government of Kuwait has planned a $6 billion spending to expand it's international airport to handle 13 ...

UAE- Mega airport deals seen
Millions of dollars worth of deals are expected to be initiated at the Airport Show that started on Tuesday, ...

Jordan- Travel agency ads misleading
Travel and tourism agencies do not always comply with the advertisements they publish in newspapers to announce ...

UAE- 10 pirates sentenced to life in prison
The Abu Dhabi Federal Criminal Court of First Instance on Tuesday sentenced 10 pirates to life imprisonment ...

India-ME trade may increase 34%
Arab and Indian leaders have gathered to explore how the longstanding, lucrative relationship between their ...

UAE- Automechanika 24% larger
Celebrating its tenth anniversary in style, Automechanika Middle East, the premier trade and networking mega ...

Jordan- Public security, Gendarmerie departments announce austerity measures
Public Security Department Director Lt. Gen. Hussein Majali, his deputy and assistants, on Tuesday decided to give ...

Vodafone Qatar reports 11% increase in customer base
Mobile operator Vodafone Qatar reported 11 percent increase in its customer base totaling 837,233 during the last fiscal year, ...

Bahrain's economy expected to grow up to 5% in 2012: EDB
A recent report released by the Economic Development Board expected Bahrain's gross domestic product to grow between 4 ...

Kuwait- Man, ex-wife get physical in court
An Arab man and his ex-wife physically assaulted each other in a court during a quarrel over the custody of their ...

Jordan- Ministry supervisor, teenager detained on molestation charges
A Ministry of Social Development supervisor and a 15-year-old boy were charged on Tuesday with molesting a minor at ...

Redefining the Arab Spring: is chaos overtaking revolution?
The age of revolutionary romance is over. Various Arab countries are now facing hard truths. Millions of Arabs ...

Jordan- Our society's moral failure
Jordanians and others elsewhere in the region expressed shock last week at the BBC TV revelations about how many ...

Snorers at higher risk of dying from cancer
Mild snorers have a negligible risk of dying from cancer, but doubles in moderate cases and shoots up to nearly ...

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