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Saturday, June 16, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Al Mansouri invites Spanish businesses to invest in UAE
UAE Economy Minister Sultan bin Saeed Al Mansouri has showcased the economic fundamentals and features of the ...

Bank Of Japan Keeps Monetary Policy Steady
The Bank of Japan and its monetary policy makers saw that keeping the interest rates steady this round ...

IMF Reaffirms Commitment Support to Egypt
The International Monetary Fund on Friday has reaffirmed its commitment to support Egypt during this ...

Fitch forecasts GDP of MAE to remain weak at 1.1 % in 2012
.Fitch Ratings says a new round of adverse shocks centered on the euro zone is slowing the fragile global economic ...

China's Q1 current account surplus revised to USD23.5b
China's State Administration of Foreign Exchange announced that it reduced the current account surplus figure for the first ...

USD3.7b finance secured for Egypt oil refinery
A group of investors, led by Citadel Capital and Qatar Petroleum won a USD3.7 billion financing for an oil refinery project ...

Kuwait's Al Mazaya to give up business in Dubai
Kuwait's Al Mazaya Holding Company said it is considering giving up its interest in Dubai due to difficulties with existing ...

World energy gets dirtier
Energy consumption among rich and developing countries got cleaner and dirtier respectively last year, in a starker ...

UAE- Etihad posts record flight bookings
Etihad Airways achieved a new milestone when more than 65,500 flight bookings were made with the Abu Dhabi-based ...

Saudi- Key airport project role for Bahra Cables
.Bahra Cables Company Ltd., an affiliate of Construction Products Holding Company , recently signed an agreement ...

US consumer prices down 0.3% in May
The US Labor Department announced that consumer prices fell 0.3 percent in May, recording the steepest drop since December 2008, ...

Iran Ready to Support Construction Projects in Afghanistan
Iran's Foreign Minister Ali Akbar Salehi met here with Afghan President Hamid Karzai in Kabul on the sidelines ...

U.S to Help Build Georgian Air Defense
The United States has pledged to help Georgia develop its air defenses and coastal surveillance capabilities, ...

Italian PM Says Efforts Resolving Eurozone Debt Crisis "Not Sufficient"
Italian Prime Minister Mario Monti has said that both Italy and France agree that the European Union hasn't ...

Jordan- Expatriates' remittances recover
Expatriates' remittances to Jordan reached JD978.1 million until the end of May this year compared with JD922.6 ...

World Trade Organization slams China's steel import tariffs

Jordan- Rising prices to fuel Friday protests
Activists are set to rally in several cities on Friday to protest against government austerity measures they claim ...

Kuwait- Mother causes burns to girl
A Ku-waiti man, whose identity has not been disclosed, has filed a complaint with the Riqei Police Station accusing ...

Kuwait- Youths harrass Expat's family members in shopping mall
A 25-year-old Asian expatriate sustained head injuries when he was attacked by four youths at a commercial complex in ...

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