MENAFN Summary- Daily Business News

Mursi's sacking spree reinforces his powers OVER the last week, Egypt's new President Muhammad Mursi, drawn from the Muslim Brotherhood, has shown beyond a shadow ... UAE- Dana Gas Q2 profit surges 46% on lower tax expense Dana Gas Company, which has a $1 billion Islamic bond maturing in October, on Monday said its quarterly profit ... Dubai inflation posts record drop in July Dubai's inflation in the month of July witnessed a record drop of nearly two per cent compared to the same month ... Rifts in Egypt Army enabled Mursi to make his move RIFTS among Egypt's top brass and the blow to the army's prestige dealt by a deadly raid in the Sinai gave President ... Kuwait- KFAED Loans Vietnam KD 4 million Kuwait Fund for Arab Economic Development signed an agreement to loan Vietnam KD 4 million Golden Gate Petroleum raising up to A$10M to drill Texas horizontal well Golden Gate Petroleum is raising up to A$10 million to fund drilling of its first ... Saudi- Tadawul index falls slightly The Tadawul All-Share Index closed lower at 6,965.66 points yesterday, down 0.43 percent or 29.74 points from ... Saudi electricity company signs SR 700m contracts Saudi Electricity Company's Chief Executive Officer, Eng. Ali bin Saleh Al-Barrak has signed three contracts worth SR ... Kuwait- Mazaya earns KD 1.5 million > Mazaya Holding earned KD 1.5 million at a rate of 2.73 fils per share in the first half of 2012 ... Samsung announces availability of Galaxy Beam in KSA Samsung Electronics Co. Ltd., a global leader in digital media and digital convergence technologies, has announced the ... Euro may fall victim to German internal politics When a former German finance minister characterizes the euro zone as a "Haftungsgemeinschaft," a community of ... Oman's Economy On Right Track As Revenues Up In H1 Oman's economy is on the right track, with revenues for the half of 2012 at $19.1 billion, up from $14.1 ... Saudi- No woman in judiciary No Saudi woman is working in the judiciary and public prosecutor's office, the Ministry of Civil Service said in its ... UAE- Capital to get women's beach A ladies-only beach will soon be a reality for the capital city, confirmed Nahla Hamad Bin Fahad, Head of Beaches ... Kuwait- Court to hear case of 2 accused in blackmailing 2 girls to pose nude The Criminal Court in Kuwait has set Sept 12, 2012, to look into the case of two unidentified persons who are accused ... Romney and Ryan - adios to Latino vote? HAS Mitt Romney, the US Republican Party's candidate for November's presidential elections, given up hope of boosting ... Cross gender prisoners in Kuwait Head of Kuwait Society for Basic Elements of Human Rights, Dr Yousef Al-Sager said that there are more than 10 cross ... UAE- Playwright jailed, fined Dh50,000 for plagiarism The Khorfakkan Court of First Instance has sentenced an Arab playwright to two-month imprisonment and a fine of ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.