Kumaresan Selvaraj pillai


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Tuesday, August 21, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Risk of US double-dip recession rises: S&P
The odds the US will slip back into recession next year have risen, ratings agency Standard & Poor's said, citing ...

Apple is most valuable company ever at $ 622 bn
Apple has dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, ...

IMF and WB see higher food prices but no crisis yet
Global financial lenders are advising countries to prepare for the possibility of higher food bills in the coming ...

Saudi- Soaring demand deposits boost money supply to SR 1.28 trillion
Saudi Arabia's monetary supply rose to SR 1.28 trillion in the second quarter of 2012, supported by a remarkable ...

Facebook at half-price: Which way now?
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half ...

Saudi- Multibillion riyal deals for 871 school buildings
The Ministry of Education is making intense preparations to award contracts worth billions of riyals to construct 871 ...

Britain's best bet to handle Assange fiasco: Sit and wait
BRITAIN'S options in dealing with WikiLeaks founder Julian Assange are limited and British lawyers and diplomats ...

Gulf investors buoy UAE real estate sector in 2011
The GCC investors have shown increasing interest in the various economic sectors of the UAE, the second biggest ...

GCC expected to boost petchem capacity 46% in 2015
A report released by the Gulf Petrochemical & Chemicals Association estimated GCC petrochemical capacity to reach to 113 ...

UAE- Gang held for Dh1m robbery
The Sharjah Police on Sunday arrested a gang of three Bangladeshis for allegedly stealing more than one million ...

Dubai helps spread humanitarian message to 1 billion
On the first day of Eid Al Fitr, the emirate of Dubai, known for its humanitarian initiatives, became part of one ...

Row over tiny island strains Japan-South Korea relations
SOUTH Korean President Lee Myung- Bak's surprise visit to Dokdo, known as Takeshima in Japan, over which Japan also ...

Syria among worst humanitarian crises
Medics in Syria have been treating more wounds from tank and aircraft bombardment in the past month, charity Medecins ...

Kuwait- Job, money offered for 'sex' with Egyptians wife
An Egyptian man has lodged a complaint with the police accusing the school manager of attempting to have sex with ...

Kuwait- Girl insists on going to Iraq
A female Kuwaiti teenager has filed a complaint with the Mubarak Al-Kabir Police Station accusing her father and ...

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