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Friday, June 29, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

EU Deal Boosts Euro
The euro surged over 1 percent and shares in Europe and Asia jumped on Friday after euro zone leaders agreed ...

Oman's Government Revenues UP 39.6 pc
The Sultanate of Oman's government revenues rose by at the end of April 2012 to million ...

S. Korea's trade forecast to slow down this year: report
South Korea's export and import growth are expected to slow down this year in the midst of global economic ...

Profits of China's Major Companies Slide 5.3% in May
Profits of major companies in China hit 390.9 billion yuan in May, down 5.3 ...

GCC growth remains robust; break-even at oil price of $80
The GCC countries' growth remains robust at 4.3 per cent on the back of 'accommodative' fiscal policies and ...

UAE- Emal unveils new product for automotive industry
Emirates Aluminium, or Emal, has launched foundry aluminium, a new value-added product that is mainly used in the ...

6,000 jobs at Bahrain's BIIP by 2014
Bahrain International Investment Park , unveiled plans to create up to 6000 job opportunities by 2014, Trade Arabia ...

Saudi Alnahdi plans to hire 500 locals
Saudi-based pharmacy Alnahdi Medical Company unveiled plans to hire 500 new employees targeting Saudi nationals, Arabian Business ...

Saudi Tadawul declines 3.69% in a week
.The Tadawul All-Share Index , which continued stepping downward throughout the week, ended in the red territory ...

World Bank Lending Morocco USD 300 million
A World Bank loan package approved today targets poor rural and urban Moroccan communities for improved ...

Japan, US Sign Deal on First Four F-35 Fighters
Japan has signed a deal with the US government to buy 4 F-35 fighter jets for more than 10.2 billion yen, or ...

Russia, Egypt Work Jointly to Safeguard Russian Tourists
The Russian Federal Tourism Agency have been jointly working with Egypt to ensure the safety of ...

Kuwait- Five fight over girl in public
Five Kuwaiti citizens were arrested for their involvement in a quarrel at a beach in Salmiya. During the quarrel, the ...

UAE- Death penalty for killing estranged fiancée upheld
The Al Ain Court of Appeal last week upheld the death penalty awarded to a 26-year-old Arab man for the ...

Kuwait- Pakistani steals petrol from petrol station
Police have arrested a Pakistani man for 'stealing' petrol from a petrol station in Shuwaikh, reports Al-Rai ...

UAE- Woman on trial 'for forging passport'
A Filipina woman allegedly got a false birth certificate made for a child she conceived out of wedlock, by ...

UAE- Clerk jailed, fined for possessing drugs
A 28-year-old clerk was sentenced to 10-year imprisonment on Sunday for possession of 3.38 grams of ...

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