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Saturday, July 21, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Iranian lawmakers firm bill to block Strait of Hormuz
A proposed bill to block the Strait of Hormuz was approved by over half the Iranian parliament, threatening to close the Gulf to ...

ENEC starts building UAE's first nuclear plant
Emirates Nuclear Energy Corporation has started pouring the first nuclear safety concrete for UAE's first nuclear reaction ...

Ford to withdraw 11,500 2013 Escape SUVs worldwide
US No.2 automaker Ford Motor is planning to withdraw 11,500 new 2013 model Ford Escape SUVs with 1.6-litre engines worldwide and ...

Schlumberger, Baker Hughes see profits rise

NBK Logs $431.2 Mln Net Profit In H1 2012
National Bank of Kuwait , the largest Kuwaiti bank and the highest-rated in the Middle East, reported net ...

Kuwait- Boubyan Bank Announces KD 5.2 Mln H1 Net Profit
Boubyan Bank announced its results for the 1st Half of 2012 which showed a net ...

Libya oil output on track to pre-uprising levels: OMV
A report issued by Austrian oil firm OMV showed that Libyan oil output is on track to reach the level it had been before the ...

Kuwait 'Consumer Confidence' "Very High" MasterCard Index
MasterCard on Thursday revealed the results of the latest MasterCard Worldwide ...

Baghdad Gets Positive Obama Response Over Exxon Concern
US President Barack Obama has responded positively to Iraq's concerns about Exxon Mobil's oil deal with Kurdistan, ...

UAE- Etihad Airways Gets OK To Raise Virgin Australia Stake
Abu Dhabi's fast-growing Etihad Airways says it has received approval from the Australian government to boost its ...

Kuwait Stocks Dive Deep Into Red To End 18.31 Points
Kuwait Stocks dived 18.31 points deeper into the red to close at 5,837.74 points amid weak market sentiment. The ...

Metropolitan Council rethinks Southwest light-rail contract

Kuwait- Department Sets Criteria For Hiring Specialized Personnel
A specialized department, the center for accreditation of professional skills, is setting criteria for employment of ...

Buffets exits bankruptcy with plans

Kuwait- Parliamentary Dissolution Seen For New Poll
HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Thursday approved the new Cabinet formed by HH the Prime ...

Proposal would give pilots big stake in American Airlines

Domestic help jailed for molesting girl
A male domestic help was sentenced to one-year imprisonment by the Court of First Instance on Thursday for ...

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