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Saturday, September 15, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Mursi wins 1 bn euro aid, better trade terms from EU
EU leaders offered Egypt more than a billion euros in aid and better trade terms as President Muhammad Mursi flew in ...

Saudi: 2,980 ongoing projects worth SR 264 billion
A monitoring supreme body at the High Commission on Riyadh Development said yesterday that the region is ...

Kuwait''s GDP bounces back, years after global financial crisis - report
The recent nominal GDP figures suggest that Kuwait's economy has bounced back reasonably well in the ...

Is the United States the cause of Arab Spring?
Many Arabs believe that the Arab Spring is a Western, and more specifically an American, plan since the days of former ...

US retail sales up 0.9 pct. in August
US retail sales rose in August because consumers paid higher gas prices and bought more cars and trucks. They were ...

Afghan investors bet on Dubai
Not long ago, Mohammed Daoud was making good money hiring out halls for wedding parties thrown by a new class of ...

UAE-Singapore non-oil trade tops $2.86b, bound to grow
Non-oil trade between the UAE and Singapore exceeded $2.86 billion in 2011, it was revealed by a study released by ...

Kuwaiti crude down to USD 112.59 pb - KPC
 Price of Kuwaiti crude oil went down by 10 cents to USD 112.59 per barrel on Thursday compared ...

Egypt''s bourse bullish for 5th week
Egypt's bourse remained bullish for the fifth consecutive week, buoyed by investors' upbeat ...

China-Arab Forum Agrees $34.6 Billion Worth of Projects
The China-Arab States Economic and Trade Forum, currently in session in Beijing, announced that 124 investment ...

OPEC crude price up to USD 113.47 pb
The daily OPEC basket price went up by 11 cents to USD 113.47 per barrel on Thursday, compared ...

EU announces new 100 mln euro funding for Palestinians
The European Commission Friday announced new funding of 100 million euro for Palestinians in the ...

UK recession "now bites high earners"
A third of higher earners have switched to cheaper supermarkets and dipped into savings to make ends ...

India unveils big bang reforms
After months of dithering on the economy, India's beleaguered government roared back to life in dramatic fashion ...

Saudi - Market cap rises to SR1.42 trillion
The Saudi stock market turned green last week, recovering a major portion of previous week's losses. Despite ...

Saudi car sales expected to cross 1 million units in 2018
New-car sales in Saudi Arabia are projected to cross one million units in 2018 in view of rapid trade and economic ...

Saudi- Aramco continues to investigate cyber attack
Saudi Aramco continues to investigate the malicious virus that attacked the oil giant's computer network on Aug. ...

China economist tips growth at 8% for another 20 years
Chinese national newsagency has quoted Justin Yifu Lin, a former chief economist with the World ...

PanTerra Gold brings good tidings on production ramp up at Las Lagunas
PanTerra Gold expects the production ramp up at its Las Lagunas project to shortened ...

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