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Sunday, July 22, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- KHC posts SR 280 m net profit
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company , has announced the company's financial results of ...

Saudi- Real estate sector shows 2.3% increase
The Tadawul All-Share Index while reflecting a 3-day fall during the week, closed at 6,628.26 points last week, ...

Jordan- Tourism investments at Dead Sea expected to reach JD300m this year
The Development Zones Commission predicted on Saturday that tourism investments at the Dead Sea will reach ...

UAE- Dh10b new power plant in Jebel Ali
Dubai Electricity and Water Authority will launch the final phase of M Power Station in Jebel Ali by the ...

China in talks to build UK nuclear power plants
> China is in talks to build UK nuclear power plants as British and Chinese officials are discussing a ...

Explosion Shuts Down Oil Pipeline In Turkey
An official says an explosion and fire has shut down a pipeline that carries oil from Iraq to the ...

Jordan- Housing Bank posts lower profit during first half of 2012
Housing Bank Chairman Michel Marto announced on Saturday in a press release that the bank generated JD70 million ...

Saudi- SR 326 Million Power Station Implemented in Yanbu
The Chief Executive Officer of Royal Commission for Yanbu, Dr. Alaa bin Abdullah Nassif inspected here today the ...

Euro 'not in danger'
The head of the European Central Bank said the euro is "absolutely not" in danger as the continent's financial crisis ...

US- Lean firms squeeze profit growth out of skimpy sales
Investors breathed a sigh of relief this week as big US companies topped Wall Street's profit forecasts with ...

Saudi- Petchem and banking stocks boost Tadawul
The petrochemical and banking stocks sent Saudi stocks to higher close yesterday and Q2 results of the listed ...

Saudi Savola's net profit up 48%
The Savola Group announced its interim consolidated financial results for the six-month period ended June 30. ...

Saudi- KEC's Q2 net loss amounts to SR 0.776 m
Knowledge Economic City Company has announced its consolidated interim financial results for the period ended ...

UAE, Algeria in air services agreement
The UAE, represented by the General Civil Aviation Authority, or GCAA, has signed an air services agreement, or ...

Jordan- Prices of 275 medicines reduced
The prices of 275 locally and internationally manufactured medicines sold in the market have been reduced, a Jordan ...

UAE- Man denies he tried to rape, kill woman
A 37-year-old shepherd denied trying to kill a compatriot woman with a knife in her flat after he could not rape ...

Jordan- Man dies after falling off mosque minaret
A man in his thirties died on Friday night after falling off a mosque minaret in east Karak. According to ...

Jordan- Orphans to sit in at British embassy after alleged police abuse
A group of orphans on Saturday decided to stage an open-ended sit-in outside the British embassy in Amman to demand ...

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