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Tuesday, October 2, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Syria's rift widens with ex-ally Hamas
Syrian state-run television has bitterly criticized the leader of the Palestinian group Hamas for turning his back on President Bashar Assad, ...

Chrysler, GM and Ford post strong sales in Sep
Chrysler Group LLC, General Motors and Ford Motor Company, the "Big Three" US car manufacturers, posted notable growth in September sales, reported ...

UNESCO appoints a Saudi female as goodwill ambassador
Director General of United Nations Educational, Scientific and Cultural Organization Irina Bokova appointed yesterday Saudi Female ...

Private companies woo Saudi workers offering big incentives
The demand for Saudi workers in the private sector has increased dramatically in recent months as many companies find it difficult to get ...

Sharjah forms panel to supervise economic surveys
The Executive Council of Sharjah on Tuesday decided setting up a supreme committee to supervise comprehensive economic and social surveys ...

Saudi Electricity Co signs deals worth SR1.8b to boost power efficiency
Saudi Electricity Company signed five contracts worth SR 1.8 billion for the construction of sub-stations and power transfer networks in ...

UK's economy to post 0.5% growth in Q3
The British Chamber of Commerce announced that the country's economy is forecasted to expand 0.5 percent in the third quarter, reported Xinhua ...

Saudi Arabia: 26,000-strong force to ensure hassle-free Haj
The Civil Defense Department announced yesterday that it would deploy around 26,000 men, 6,900 equipment and devices and 19 helicopters in ...

Japan envoy awards certificate of recognition to Saudi TV producer
Japanese Ambassador Shigeru Endo conferred a certificate of recognition on Saudi TV producer Ahmad Al-Shugairi for his MBC program "Khawater" ...

Riyadh- Employers urged to create sound work environment for women
Health Ministry officials announced Sunday a package of initiatives in the field of training and information technology to enhance the ...

You can count on new burst of infrastructure spending
As global economies from Beijing to Berlin struggle to keep their heads above water, a new wave of stimulus spending is under way. Given that ...

Bahraini traders stop importing Saudi chicken products
Bahrain's poultry traders have stopped buying Saudi products because of the rise in prices of chicken and eggs manufactured in Saudi ...

GCC firms post $11.6bn profits in Q2
Aggregate profits of $ 11.6 billion announced by GCC-listed companies for the second quarter of 2012 disappointed investors, as the numbers ...

Media & publishing sector rebounds in Saudi Tadawul
The Tadawul All-Share Index spending most of the session above the breakeven line edged higher yesterday at 6,896.1, up 13.98 points or ...

Saudi Arabia: SR 1.2b Najran mine to yield riches
Najran Gov. Prince Mishaal bin Abdullah yesterday inaugurated the Great Mining Factories in Thar that were established at a total cost of SR ...

U.S. Manufacturing Grows, Construction Spending Falls
U.S. manufacturing expanded for the first time in four months, a trade group of purchasing managers said Monday, buoyed by an increase ...

Amex to Pay $112.5 Million for Violating Consumer Protection Laws
In the latest in a series of credit card industryآ settlements, American Express will pay $112.5آ million to resolve allegations of ...

Philippines hope for Muslim peace plan within days
The Philippine government said yesterday a "historical" road map to end a decades-long insurgency that has left more than 150,000 people dead ...

Man Wanted In Several Criminal, Civil Cases Held
Security authorities of Qatar recently arrested an Egyptian man who embezzled KD 3.5 million from the Kuwait Patients Helping Fund, reports ...

Kuwait- Two Absolved In Minor 'Rape'
The Penal Section of the First Instance Court presided over by Judge Faisal Al-Askari acquitted two Kuwaiti citizens of alleged consensual ...

Nepali Maid Hangs Herself To Death In Rumaithiya House
A Nepalese housemaid hanged herself to death with a rope tied to the ceiling inside a bathroom at her sponsor's house in ...

Kuwait- Smell raises concern
Security operatives retrieved a stolen vehicle in Sabah Al-Salem area after a Kuwaiti citizen notified the Operations Room that foul smell was ...

Kuwait- Police Hunt Pakistani For Stabbing Compatriot In Fight
A 38-year old Pakistani expatriate was stabbed in the head during a fight with a compatriot in Salmiya area. Acting on information, a ...

Tell-all book on Clinton

 Like we all know, hell hath no fury like a woman scorned IT HAS BEEN 14 years since Cigar Gate, the infamous scandal involving the ...

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