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Tuesday, July 24, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Jordan- 'Libya to pay outstanding financial dues to hospitals'
Ali Ben Jalil, Head of the Libyans Patients' Affairs Committee on Monday said Libya will pay its outstanding ...

UAE- ENBD records Dh1.3b profit
Emirates NBD, the largest UAE bank by assets, on Monday posted a first-half net profit of Dh1.3 billion, up 274 ...

Saudi- Treating drug addicts costs Kingdom SR 3.6 bn
The Kingdom spent more than SR 3.6 billion treating around 150,000 narcotic addicts annually, according to a study by ...

Saudi Tadawul declines after early rise
The Saudi Stock market was in the red yesterday, reflecting an upper hand of bears. The Tadawul All-Share Index ...

Deepening Spanish debt crisis sends shockwaves globally
A Spanish sovereign bailout would clearly be a key "game changer" with profound implications for the financial markets ...

Qtel Group Celebrates Launch of 3G Services in Tunisia
The Qtel Group today celebrated the launch of 3G services by Tunisiana, the leading mobile operator in ...

Jordan- More scheduled power cuts unlikely
The National Electric Power Company on Monday said it was unlikely that scheduled power cuts would be ...

Kuwait stocks close 27.88 points higher in muted trade
Kuwait stocks took a leap to the green, halting a three-day decline in the first trading session of the holy month of ...

UAE- Emal hits 1.5m tonnes production milestone
Emirates Aluminium, or EMAL, achieved another milestone of 1.5 million tonnes of hot metal produced. This is ...

UAE- Aabar breaks ground on mixed-use tower
A subsidiary of International Petroleum Investment Company, or IPIC, Aabar Properties, has started building its ...

Saudi- Ranco & Zamil gets SR 52 million contract from Four Corners
Rabiah & Nassar and Al-Zamil Concrete Industries Company Ltd. , a 50-50 joint venture between Zamil ...

UAE- Rakbank H1 profit up 13.5% on rise in customer base
The National Bank of Ras Al Khaimah, known as Rakbank, reported a 13.5 per cent year-on-year growth in net profit ...

Portugal's 10-year bonds hit 10.8 per cent
Portugal's borrowing costs rose on Monday, pulled up by a surge in Spanish bond yields, after a months-long ...

Jordan- Cabbies renew push for fare increase as rental fees rise
The Transport Services and Taxi Owners Union on Monday urged the government to increase cab fares after taxi owners ...

Saudi- Five women linked to extremists released
Saudi Arabia has released five women detainees who have been linked to extremists, but the move was not related to ...

UAE- Man arrested over 22 thefts in two months
The Dubai Police have arrested a Georgian national, who allegedly conducted thefts in 22 flats in Dubai and ...

Will Assad step down?
Do Arab ministers really think that their call for Bashar Assad to step down and for Kofi Annan's mission to ensure a ...

Jordan- Gov't to keep Syrian refugees off populated areas
Syrian refugees residing at the Bashabsheh housing complex in Ramtha will move to the new camp in the northern ...

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