MENAFN Summary- Daily Business News

Toyota reports USD3.7b profit in Q2 Japanese automaker giant Toyota Motor Corp reported sung back to profitability as output sales rebounded in North America, Reuters ... Tunisia expects economy to grow 4.5% in 2013 Tunisian government is seeking to overcome last year's revolt and accelerate growth in its gross domestic product in 2013 ... Fitch estimates Kuwait's foreign assets to hit over USD320b Fitch Rating expected Kuwait's foreign assets to hit more than USD320 billion, equivalent to nearly double the Gulf state's GDP, ... ME airlines top performers in June: IATA A new report by the International Air Transport Association said that Middle East airlines were the world's top performers ... New UAE investment fund rules to hit free zone firms New UAE investment fund rules could hurt the country's ambitions to become a more important financial center, analysts ... Berkshire Hathaway reports USD3b profit in Q2 Berkshire Hathaway, owned by Warren Buffett, reported a decline in quarterly profits as losses on derivatives offset the ... BRIEF: Parent of Virginia Beach bank branches to merge Qatar, Lebanon investors interested in Onur Air stake: Report Qatari and Lebanese investors entered a bidding for a majority stake in Turkish low-cost carrier Onur Air, local media ... Saudi mega projects and the American taxpayer  When I started to write this article, I realized that writing about a multibillion project is way above my pay grade, ... Rate-fixing scandal: Central banks' role 'major concern' Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging ... Saudia announces new baggage rules The Saudi Arabian Airlines will implement a new baggage allowance policy on international routes effective Sept. ... Aid convoy for Syrian refugees leaves Riyadh A convoy of trucks left Riyadh for Syrian refugee camps in Jordan last night carrying the first batch of aid from a ... Saudi- Campaign set to expel illegal workers  The labor and interior ministries will launch a major campaign shortly to drive out illegal foreign workers. A ... K-V Pharmaceutical Company Files Voluntary Petitions for Reorganization to Restructure Financial Obligations 2 of 3 Y-12 protesters out of jail tonight EDITORIAL: India's backward power grid United workers protest plan to outsource jobs at IAH       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.