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Saturday, June 9, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- New measures to protect stock market investors
The Capital Market Authority has issued a new guide aimed at enhancing awareness among real and potential ...

Saudi- KHI sells interest in Movenpick Phuket for $ 90 m
Kingdom Hotel Investments has signed a deal to sell its interest in Movenpick Resort & Spa Karon Beach Phuket in ...

Euro zone agrees to lend Spain up to 100 bn euros
Euro zone finance ministers have agreed to lend Spain up to 100 billion euros to shore up its ...

Food prices pull Abu Dhabi inflation up
Consumer prices, or inflation, in Abu Dhabi recorded an average increase of 1.2 per cent year-on-year in the first ...

Saudi- Petrokemya ties up with Spanish energy firm for SR 2.1 bn plant
Arabian Petrochemical Co. , an affiliate of the Saudi Basic Industries Corp. , has signed a letter ...

Fortuitous easing of Iran crude worries
Through a combination of somewhat fortuitous factors, the imminent imposition of Western sanctions on Iran is shaping ...

Qatar to pay $1.25b to Jordan through GCC fund
Qatar has pledged to pay its $1.25 billion contribution to the Gulf fund to Jordan soon, a senior official said on ...

UAE- Price control for Ramadan
The UAE Ministry of Economy is planning to fix the prices of 1,600 consumer products at 340 outlets nationwide ...

Liberalise US visa regime: Delta CEO
The US should have visa waiver programmes with more nations to spur economy, and India needs restructuring to ...

Jordan- European Commission dedicates EUR23m for Syrian refugees
The European Commission decided to release a total of EUR23 million for displaced Syrians and Syrian refugees, ...

UAE- Intercoil eyeing 30% sales growth, 8 new stores in '12
Intercoil International is confident to achieve more than 30 per cent growth in sales this year on improved ...

Drill for income with energy stocks
Whenever the threat of an economic slowdown starts hulking around like a cranky bear, I look to essentials that are ...

Saudi- Kraft Foods, Olayan expand Nabisco Arabia plant
Global snacks giant Kraft Foods has, in association with the Olayan Group, announced the expansion of its Nabisco ...

Carbon tax to dominate airline talks
The world's airline bosses meet from today in Beijing, with talks likely to be dominated by a bitterly opposed carbon ...

Jordan- 'Medical tourism growing, but national strategy needed'
The Kingdom's medical tourism sector is expected to grow significantly this year but could achieve better growth ...

Hosni Mubarak facing stroke risk
Hosni Mubarak may suffer a stroke at any time, according to an official in the Torah prison where the Egyptian ex- ...

Kuwait- 'Father, sons murder, bury girl away from home for months'
Jahra securitymen unraveled the truth in a complaint filed by a Syrian woman against her husband and sons when she ...

Oman- 6 women held for immoral activities
Six foreign women have been detained in the Muscat governorate for violating the Labour Law and indulging in ...

For honor's sake in Kuwait
A Saudi Arabian juvenile suffered gunshot wounds in the shoulder and thigh after a Kuwaiti citizen fired shots toward ...

Kuwaiti reports wife missing a little too late
A Kuwaiti man filed a missing person's report against his wife at the Dahyet Abdullah Al-Salem police station, ...

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