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Wednesday, June 20, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Tadawul index takes small but positive steps
Saudi stocks hovered in small gains and losses yesterday, almost a repeat of previous day's flat performance which ...

Europe Vows Closer Union At G20 Summit
Europe agreed on Monday to move towards a more integrated banking system to stem a debt crisis that threatens ...

UAE- NBQ wins delay in $250m Global case
National Bank of Umm Al Qaiwain, or NBQ, a bank in the UAE, said on Wednesday it had won a delay in a $250 million ...

Saudi- Goldman upgrades top telecom companies
Goldman Sachs upgraded Saudi Arabia's Etihad Etisalat Co. to "buy" from "neutral" citing a four-fold increase ...

Qatar Shipping secures $ 110 m financing from QNB Group
Qatar Shipping SPC, a wholly owned subsidiary of Milaha , has secured a 10-year $110 million

China To Contribute $43 Billion To IMF Crisis-fighting Reserves
China on Monday offered $43 billion to the IMF's crisis-fighting reserves. China's contribution was part ...

New Dubai laws aim to boost investor protection
Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of the UAE and Ruler of Dubai, has issued two ...

UAE- DP World refutes Yemen port charge
DP World said allegations it had failed to meet its obligations in running Yemen's Aden container port were ...

U.S. Extends Offer for Mexico to Join Trans-Pacific Partnership
The United States and eight other nations negotiating the Trans-Pacific Partnership Agreement extended ...

UAE- Etihad Airways revamps global sales division
Etihad Airways has re-structured its global sales division and made several new key appointments across Europe, ...

India Pledges $10 Billion to IMF for Eurozone
India has offered $10 billion to the International Monetary Fund to help Eurozone countries out of the ...

UAE keen on sustainable growth
Shaikha Lubna Al Qasimi, UAE Minister of Foreign Trade, arrived in Rio de Janiero as head of the UAE delegation to ...

Al Ain-Dubai highway opens
The Dh1 billion Al Ain-Dubai Highway was opened on Wednesday by Shaikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi ...

Saudi- Private hospital in Khafji closed, fined SR 100,000
The Ministry of Health fined a private hospital in the Eastern Province SR 100,000 and shut it down yesterday for ...

Jordan- Nimri to sue Saud over assault in Parliament
Deputy Jamil Nimri on Wednesday said he would pursue legal and disciplinary action against his colleague Yihya ...

UAE- Crackdown on illegal satellite TV dishes
Expatriates enjoying their regular TV fare from back home through illegally imported satellite channel receivers, ...

Jordan- Foreign Ministry confirms 'kidnapping' of Al Arabiya journalist
The Foreign Ministry on Wednesday confirmed that Jordanian Al Arabiya journalist Baker Atyani had been kidnapped in ...

UAE- Vendor, two maids on trial in Dh200,000 jewel theft case
A vendor and two maids allegedly stole jewellery worth Dh200,000 after barging into a flat where one of the maids ...

Saudi- Two fishermen still stranded
Of the six Indian fishermen who were to pay compensation to their Saudi sponsors for not completing their contract, ...

Jordan- 'SOS Children's Villages referred to prosecutor for abuses'
The committee entrusted with investigating abuses in care centres on Wednesday referred the file of the SOS ...

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