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Saturday, September 8, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Kuwait- GMRP pays salaries to 3,506 fake nationals in private firms
Ministry of Social Affairs and Labor has revealed that 3,506 'dummy' Kuwaiti employees were enlisted in 1,285 fake ...

Drydocks, German Lurssen Werft in a JV deal in Dubai
Dubai shipyard Drydocks World has partnered with German luxury yacht manufacturer Lurssen Werft in a repair yacht joint venture, ...

Cash-strapped Palestine cannot pay full salaries
Palestinian President Mahmoud Abbas says that government employees won't receive full salaries next month because ...

Will Saudi Arabia become an oil importer by 2030?
THIS was the question asked all of this past week all over the world. Thousands of stories were filed on the topic, ...

Saudi- Anti-corruption agency asks govt to supply coverup data
The National Anti-Corruption Commission, Nazaha, requested the Ministry of Commerce and Industry to supply details of ...

US jobless rate falls to 8.1% in Aug
The US Labor Department released a report showing that in August, the country's jobless rate dipped to 8.1 percent, compared with ...

Saudi- Expat women face bleak job prospects
Working in Saudi Arabia is a challenge, particularly when it comes to working women. Many expatriate women are facing ...

UAE's Baraka One gets USD2b loan from US Ex-Im
The US Export-Import Bank agreed to grant UAE's Barakah One Company USD2 billion loan to fund the purchase of US equipment and ...

UAE Etisalat launches daily unlimited data for AED 5
Etisalat, the country's leading telecommunications operator, announced the launch of the UAE's first unlimited daily ...

GCC to reap record oil revenues of $ 572 bn
Gulf economies now appear fairly firmly on track for historically high surpluses, according to a new report from the ...

China posts 2% gain in Aug CPI
China's National Bureau of Statistics stated that last month, the country's consumer price index went up 2 percent on ...

UAE- Julphar opens Dh500 million insulin facility
Gulf Phamramceutical Industries, better known as Julphar, has launched Julphar Diabetes in its headquarters in Ras ...

Taxi for special needs launched in Sharjah
Sharjah Transport, in a bid to ease customers suffering, on Thursday launched the first-of-its-kind family van cab ...

Female hires person to beat her boss in Kuwait
A female employee working for Kuwait Municipality reportedly 'hired' an unidentified person to beat her boss, reports ...

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