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Sunday, September 23, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 
Iranian MP: Explotion occures at Fordo uranium enrichment center
Iranian MP: Explotion occures at Fordo uranium enrichment centerSep 23, 2012
Saudi Arabia aims to privatize electricity sector by 2014 as demand increases
Saudi Arabia aims to liberalize its power industry beginning with the privatization of the electricity sector by 2014, ...

Qatar budget surplus reaches record QR54 bln in 2011-2012
Qatar's budget surplus reached a record QR54bn in the 2011/12 fiscal year, four times as large as the ...

EU gives approval for Universal's purchase of UK's EMI
The European Commission's vice-president, Joaquin Almunia, announced that the commission gave its approval for the acquisition of ...

Kuwait- Tenants catch 'actor' stealing shoes left outside their flats
An actor of drama shows and well-known Arabic programs was arrested recently for stealing shoes. Reportedly, when the ...

Saudi- Ministry of Housing to start building 150,000 units
The Ministry of Housing will start implementing the second phase of Custodian of the Two Holy Mosques King Abdullah's ...

Saudi- Inflation carves a hole in expats' income as families struggle
Due to inflation many expats in Saudi Arabia are struggling to survive and send money back home for their ...

Saudi Arabia spends SR 350 million on biotechnology research
The Kingdom has spent SR 350 million on research projects in the field of biotechnology through the national plan for ...

Saudi Arabia emerges as top solar producer
The Kingdom is one of the world's most productive solar regions with some of the highest summer temperatures ever ...

UAE's non oil trade up 5% in Feb
The UAE's non-oil foreign trade grew five per cent to Dh 76.6 billion in February 2012 from Dh73 billion a year ...

Saudi- Seven years' jail for stalling court verdict under new law
A new regulation to enforce court decisions includes a jail sentence of up to seven years for those found stalling the ...

Saudi- Legal action against filmmakers possible
The Organization of Islamic Cooperation is ready to sue the offensive filmmakers on US soil, OIC Secretary-General ...

Saudi jail inmates 'tortured' in Iraq
Elements from Iranian Revolutionary Guards are torturing Saudi prisoners in Iraq, the Dammam-based Al-Sharq ...

UAE- Game for a costly craze? The iPhone 5 is here
It's finally here, although it definitely comes at a cost. A number of retailers and distributors have ...

UAE- Maid referred to court for child molestation
The Abu Dhabi Public Prosecution sent an Asian maid to the criminal court on charges of sexual abuse, beating and ...

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