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Monday, July 16, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Tata Motors Group's June sales up 6 percent
Automobile major Tata Motors Group Monday reported an increase of six percent in its June global sales including ...

IMF cuts global outlook
The International Monetary Fund, or IMF, raised its 2012 growth forecast for the Middle East and North Africa ...

UAE- Finance House profit up in H1 as lending, deposits rise
Abu Dhabi's Finance House earning in the first six months ended June 30 rose marginally to Dh51.1 million on ...

Kuwait- G29 holds protest to demand admission for Bedouns at KU
The Group of 29 organized Sunday a peaceful demonstration in front of the Admission and Registration Office at Kuwait ...

Opportunities in $108 bln plan in Kuwait
Building contractors in Kuwait will be hoping that the roll out of the state's $108bn national development plan ...

Qatar plans to acquire US helicopters, missiles in USD3b deal
The US Defense Security Cooperation Agency stated that it has received a request from the Qatari government to acquire US attack ...

Saudi- SR 2.4 bn visa black market is thriving
Thousands of work visas are still sold by individuals and companies for between SR 8,000 and SR 15,000 per visa in the ...

Jeddah port can't handle freight volume
Saudi Ports Authority President Abdulaziz Al-Tuwaijry said yesterday that Saudi ports, especially Jeddah Islamic Port, ...

Saudi- I.ZONE & SABB offer 0% financing for their customers
The Saudi British Bank and I.ZONE, claimed to be Saudi Arabia's largest Apple Premium Reseller and member of ...

Saudi- eXtra opens first store in Oniza
United Electronics Company , one of Saudi Arabia's fastest-growing consumer electronics and home appliance ...

Saudi- STC cautions customers about fraudulent calls
In the wake of increasing scam and fraudulent activities, Saudi Telecom Company reminds its customers to beware ...

Saudi- Alliance to help UK businesses penetrate Mideast luxury market
A London company also based in Jeddah will help British luxury brands penetrate the lucrative Middle Eastern ...

Saudi Maaden posts SR 128 million net income
Saudi Arabian Mining Company , announcing its interim financial results for the six-month period ended June ...

UAE- Jazeera Airways keeps market share lead
Award-winning Jazeera Airways on Monday issued its operational performance report for the second quarter of 2012, ...

UAE- Tap water is safe, but what about the tanks?
The emirate's tap water is safe to drink, probably more so than bottled water, experts said. But unclean water ...

UAE- Khalifa orders release of 873 prisoners, pays off their debts
The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, on the occasion of the holy month of Ramadan has ...

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