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Saturday, June 9, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US Stocks Rise after China Rate Cut
U.S. Stocks rose after China cut its benchmark lending rate in another bid to boost its slowing economy, but ...

Vodafone Qatar Reports 31% Increase in Revenue
Vodafone Qatar Thursday reported a 31% increase in revenue, year-on-year, to QR 1.2 Billion riding on mobile ...

UAE readies crude export detour to avoid Hormuz
By night, the lights of dozens of ships anchored off Fujairah port create the mirage of a far-off city at ...

Saudi- Almarai's pursuit of quality ensures unique success story
.As part of its interests to maintain transparency and to highlight the quality of the day-to-day operations that ...

S&P confirms US credit ratings at AA+
Standard & Poor's Ratings Services announced that due to the US strong economy and monetary system, the agency confirmed the ...

South Korea- BOK Freezes Key Rate for 12th Month in June
South Korea's central bank left the key interest rate unchanged Friday for the 12th straight month in the face ...

UAE mobile subscribers jump 13% in Q1
Mobile subscribers in the UAE rose 13 per cent on the year in the first quarter of 2012, while the country's ...

UAE, France pledge to further boost cooperation
Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research, has stressed that the ...

Saudi- Job security remains expats' major concern
.The promise of job security among expatriates in the Kingdom has eroded as priority is given to Saudi nationals in ...

German Exports Down 1.7% in April
New data showcased Friday that exports from Germany, Europe's biggest economy, dropped 1.7 % in April compared ...

SpiceJet to start daily Dubai flights
Budget carrier SpiceJet on Friday said it would add Dubai as the third international destination to its network by ...

UAE- Victoria remains committed to Mena business sector
The Dubai-based Victorian Government Business Office, or VGBO, is celebrating 15 years of its commitment to the ...

Dubai DED, University of Sharjah sign agreement to train students in workplace
> The Department of Economic Development in Dubai and the University of Sharjah have signed ...

Saudi- Wood factory fire put out
.Using 10 fire-fighting units and other advanced equipment, the Civil Defense was able to contain fire that broke out ...

Can hunger unite Egypt?
ON MAY 20, a symbolic 24-hour mass hunger strike began in Egypt to protest the continued detention of Egyptian ...

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