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Sunday, September 9, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi Arabia pushes private sector to pay more to Saudis
In its efforts to involve more Saudi nationals in the private sector, Saudi authorities told private companies to pay Saudi ...

Egypt PM to focus efforts on growth, budget deficit cut
Egypt's new Prime Minister Hisham Kandil vowed to put growth, budget deficit cut on the top of its government's priorities, ...

Saudi- Petchem sector gaining from KACST research
The King Abdulaziz City of Science and Technology announced yesterday that its cooperation with Oxford and ...

Rising gold 'reflects uncertainty in global economic outlook'
Some investors believe that gold prices will continue its rise until the first quarter of next year. Hence, they are ...

Saudi- SHB to issue SR 1.4 bn sukuk
Saudi Hollandi Bank plans to issue a SR 1.4 billion private placement sukuk, or Islamic bond, ...

Death sentence for VP Tareq Al-Hashemi compounds Iraq chaos
In a move that has heightened communal and political tensions in Iraq, the fugitive Vice President Tareq Al-Hashemi, ...

'Unemployment in Kuwait may rise, quick solution needed'
Head of Workers Union in Civil Service Com-mission Ali Al-Tuweijiri says there is a possibility for rise in ...

Hackers, pirates hit local bank accounts in Kuwait
Several accounts in Kuwaiti banks have been subjected to nearly 3,000 electronic attacks by pirates and hackers in ...

American religious education's shortcomings
CALIFORNIA'S governor signed legislation this week that prevents businesses from segregating from the public employees ...

Jordan- Enefit to produce oil from oil shale in 2017
Enefit's chief, Bassam Qaqeesh, announced that starting 2017, the Estonian-Malaysian consortium will begin producing nearly 40 ...

Saudi- 8 wanted militants surrender
Eight wanted militants including one who figured on a list of 85 terrorists have surrendered to security agencies, a ...

Shell's carbon capture plant bets on emissions targets
Royal Dutch Shell's investment in a carbon capture plant at its tar sands facility in Alberta shows the company ...

Russia- APEC vows to fend off euro woes
Pacific Rim leaders pledged yesterday to fend off the deepening damage from the European crisis and revive flagging ...

Interview: Saudi economy resilient despite global turmoil
Saudi Arabia will show a great deal of resilience in the context of the euro zone debt crisis and Arab Spring, ...

Body of missing Emirati boy found in Nile
The agony ended in more tears for the parents of a six-year-old Emirati boy who fell into the Nile river last week ...

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