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Sunday, July 15, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Deyaar ex-chief skips hearing in new trial
The former CEO of Deyaar skipped on Sunday the first hearing at the Court of First Instance in a new case that has ...

Finland to stay a euro-zone member
Finland's Prime Minister, Jyrki Katainen, stated that since remaining in the one-currency bloc is better for the nation's economy, ...

UAE- KEF Company opens HQ in DIFC
The KEF Company, the latest venture of UAE-based industrialist Faizal E. Kottikollon, opened its corporate head ...

Abu Dhabi steel prices climb 4.8% in June
Statistics Centre �" Abu Dhabi, or Scad, has issued its monthly report on the prices of building materials in the ...

UAE- Dh5 billion oil refinery in Fujairah planned by Ipic
Khadem Abdullah Al Qubaisi, director-general of the International Petroleum Investment Company, or Ipic, disclosed ...

Canada approves Glencore's USD6b takeover of Viterra
Canadian Industry Minister Christian Paradis has Okayed Glencore's takeover of grain handler Viterra Inc, Reuters reported. The ...

Dubai's Emaar collects USD500m through sukuk issuance
Emaar Properties' Chairman, Mohammed Alabbar, stated that the developer has managed to raise USD500 million through an Islamic ...

Clinton's calls fall flat in Egypt political fight
The head of Egypt's military took a tough line Sunday on the Muslim Brotherhood, warning that he won't let the ...

US companies scaling back hiring plans: June survey
A survey conducted by the National Association for Business Economics found that fewer US firms are planning to hire, while ...

Remittances of Jordanian expatriates grow to USD1.73b in H1: CB
The Central Bank of Jordan stated that during the January-June period, remittances by Jordanians living abroad went up to ...

Saudi- SR 4.4 bn deals signed for road projects
Transport Minister Dr. Jabara Al-Seraisry yesterday signed 119 contracts worth SR 4.4 billion to construct new roads ...

Society's attitude deters Saudi nurses
Despite the status of being a noble humanitarian and caring profession, nursing continues to remain a hard nut to ...

Real estate gains drive Saudi stocks higher
Saudi Arabian stocks snapped a four-day losing streak yesterday, led by gains in the real estate sector. The ...

Saudi- Mobily's net income up 22% in Q2
Announcing its consolidated financial results for Q2, 2012, Mobily said its net income for the six-month period ...

Saudi- JCCI bids farewell to Japan Water Desk representative
Jeddah Chamber of Commerce and Industry Assistant Secretary-General Mohieddin bin Yahya Hakami bade goodbye to ...

Jordan- Mutah students to clean-up rioters mess
Mutah University students on Sunday launched a campaign to clean up the campus following three days of rioting last ...

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