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Monday, July 30, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Emaar Q2 profit soars 146%
Emaar Properties on Sunday announced 146 per cent increase in net profit for the second quarter on robust ...

Etisalat may allow foreign ownership
Emirates Telecommunications Corporation, better known as etisalat, will soon allow foreigners to own its shares, ...

Saudi- 2.9 million foreign tourists spent SR 7.1 billion in Q1 2012
As many as 2.9 million foreign tourists who visited the Kingdom in the first quarter of 2012 spent more than SR 7.1 ...

Saudi- Tadawul index rises slightly
The Tadawul All-Share Index ended without any significant change yesterday, as it retreated to 6,769.12 points, ...

NBK forecasts Kuwait GDP to be up by 5.4 pct in 2012
> Kuwait's gross domestic product growth could reach a healthy-looking 5.4 percent in 2012, but ...

Kuwait inflation rises 2.8 pct in June: CSO
Data of the Central Statistical Office have shown an increase in the rate of inflation in Kuwait by 2.8 percent ...

Germans say they're 'better off without euro
The majority of Germans think their country would be better off without the euro, a poll suggested yesterday, as the ...

Jordan's exports to Turkey, Europe via Syria come to complete halt
The Kingdom's exports of fruits and vegetables to Syria flow as normal with no "significant" halt as a result of ...

Saudi- SR 500 Million Yusur Installment Company Transformed Into A Closed Joint Stock Firm
The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, approved today the transformation of ...

UAE- Stage two of rail project enters tendering
Etihad Rail has started preparing to build the stage two of the railway project in Abu Dhabi by inviting tenders ...

Jordan- Water ministry receives emergency loan to pay outstanding debts
The Ministry of Water and Irrigation has received a JD10 million loan from the Ministry of Finance to pay its ...

UAE- ADMA-OPCO division completed 22 wells in '11
Abu Dhabi Marine Operating Company, better known as ADMA-OPCO, on Sunday announced that 2011 was a defining year ...

Jordan- Libyan patients all but gone, hospitals, hotels still await payment
Although most of the thousands of Libyans who crowded the Kingdom's hospitals and hotels over the past year have ...

Dubai hotels post profits, occupancy growth in June
Hotels in Dubai saw a boost in profits and occupancy levels in June following increase in demand from domestic and ...

Jordan- 'Average monthly wages of insured workers rose in 2011'
The Social Security Corporation said the average monthly wages of actively insured workers rose to JD412 in ...

Jordan opens first Syrian refugee camp
Jordanian authorities opened on Sunday the country's first Syrian refugee camp in the face of what officials are ...

How Europe fights against Muslim assimilation
Woe is the Westerner suffering through an economic crisis. And God help the Muslim who gets in his way. In times of ...

UAE- Jobless man accused of sexually assaulting maid
A jobless man stood trial on Sunday in the Court of First Instance on the charge of raping a maid at the knife ...

Kuwait- Patrolmen face summons as Filipina rape probe continues
Securitymen will soon summon all patrol officers who were on duty during the day a Filipino woman was raped by two ...

The hated Arabs
AT the end of last week, a senior official in Iran's Revolutionary Guard warned those he described as "hated Arabs" of ...

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