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Wednesday, September 12, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE's Etisalat to sell most stake in Indonesia's PT XL Axiata
UAE's No.1 telecoms operator Etisalat unveiled plans to sell the majority of its stake in Indonesia's PT XL Axiata to raise USD502 ...

Jordanians' gold purchases spike amid economic uncertainty
Jordanians' gold purchases are expected to reach six tonnes by the end of this year, surpassing recent years, ...

Saudi inflation slows to 3.8% in Aug
Saudi Central Department of Statistics announced that the country's inflation slowed down to 3.8 percent in August on annual ...

Apple files trade mark complaint against Polish online retailer A.pl
The Polish patent office's spokesman, Adam Taukert, stated that Apple, the US computer giant, had filed a complaint against the ...

Jordan seeks up to $1.5 billion through Eurobonds
Jordan plans to raise between $750 million and $1.5 billion by issuing Eurobonds in international markets in order ...

Siemens wins USD128m contract in Iraq's Kurdistan region
German electrical engineering firm Siemens has won a USD128 million supply contract from KAR Construction and Engineering Ltd. for ...

Crude Pressing against Resistance Line
Daily Bars Prepared by Jamie Saettele, CMT Crude has traded in a tight range and remains capped by trendline resistance and its 200 day ...

Spain's Aug inflation up to 2.7%
The Spanish National Statistics Institute stated that the country's inflation went up to 2.7 percent last month ...

IEA: Weak growth likely to contain oil demand in 2012
Weak economic growth and high oil prices are likely to contain global oil demand in 2012 and cap it in 2013, the ...

Saudi- Tadawul summer turnover up 83% on high investor optimism
High liquidity in the Saudi Arabian stock market over the summer and Ramadan months signal investor interest in the ...

Assets of Saudi banks rise 8.6% to SR 1.6 trillion
Total assets of Saudi banks have increased at 8.6 percent CAGR in the past five years ...

UK's jobless rate down to 8.1% in May-July
UK's Office for National Statistics announced that in the May-July period, the country's jobless rate dipped 0.1 percentage ...

Greece faces more anti-austerity strikes, protests
A fresh wave of anti-austerity strikes hit Greece Wednesday as the leaders of the governing coalition struggled to ...

Jordan- Gov't doubts press law amendments will hurt ICT sector, says jurisdiction 'clear'
The government on Wednesday disputed claims that the draft amendments to the Press and Publications Law, currently ...

UAE- Back to life after two brain surgeries
A 50-year-old Pakistani national, Ali Mullah working with RAK Ceramics, was brought back to life at the RAK ...

Army official dies in shooting in Kuwait
A military official of rank 'Sergeant Major' died few hours after his colleague at Qadsiya police station shot him in ...

Kuwait- Majority back hospitals for Expats
More than 68 percent of the voters, in an online poll conducted by Arab Times, felt that separate hospitals for ...

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