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Sunday, September 2, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Etihad Airways raises stake in Virgin Australia
Etihad Airways has confirmed its equity stake in Virgin Australia Holdings has now reached 10 percent. This ...

Assets of top 50 GCC banks surge to $ 1.28 trillion in H1
The GCC banking sector continued to grow rapidly in the first half of 2012, according to QNB Group analysis. The ...

Minister of Agriculture: Saudi per capita food level surpasses global level
Minister of Agriculture, Dr. Fahd bin Abdulrahman Balghunaim, said that per capita food level in the Kingdom of Saudi ...

Markets can boost energy efficiency projects
Policymakers can learn from contrasting approaches to developing markets in energy efficiency, as interest grows in ...

GrainCorp takes acquisitions off the table after splurge on oils
GrainCorp takes acquisitions off the table after splurge on oilsSep 02, 2012 -- The listed ...

Saudi Credit and Saving Bank to start financing SMEs from today
The Saudi Credit and Saving Bank will start receiving tomorrow applications on its electronic site from citizens to ...

Saudi Economists: Business fear of a five-day week unfounded
Economists are unanimous that the plan to introduce a five-day workweek will increase the overall productivity of the ...

Anti-risk strategies boost Saudi banks
High oil prices, rising consumer spending and major infrastructure projects are likely to contribute to continuing ...

Saudis shore up SR 1.5 bn steel plant venture in Oman
A big steel plant with a capital of SR 1.5 billion will be established in Dhofar, Oman, by a joint ...

Kuwait's Global gets nod from shareholders
Kuwait's Global Investment House has won a nod from its investors for a USD1.7 billion debt restructuring plan that will ...

Jeddah Municipality signs SR 11 million service projects
Jeddah Municipality has signed two contracts worth more than SR 11 million for service projects. The projects included ...

Saudi- Schools explain higher tuition
Tuition at private schools have risen sharply in the current academic year, largely due to teachers' increased ...

Oman firm, ACWA Power Barka tie up for key water project
Oman Power and Water Procurement Company SAOC and ACWA Power Barka recently announced the signing of a Water ...

Iraq executes Saudi prisoner
Iraqi lawyer Al-Khansa Al-Jarfi, who defended Mazen Muhammad Nashi, a Saudi prisoner in Iraq, has confirmed the ...

Saudi- SIM cards are sold with iqama numbers attached
The black market in iqamas has exploded after the CITC decided that no prepaid SIM cards can be ...

UAE- Court orders hospital to pay Dh200, 000 to woman for medical negligence
The Abu Dhabi Civil Court of First Instance has ordered two medical bodies in Abu Dhabi to jointly pay a female ...

Pilot crashes home-built plane in Washington County
Pilot crashes home-built plane in Washington CountySep 02, 2012

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