Kumaresan Selvaraj pillai


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Tuesday, December 4, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Kingdom Holding earns $ 32.9 m from NY Plaza deal
Kingdom Holding Company , chaired by Prince Alwaleed bin Talal, has announced the completion of a $ 575 million transaction on The Plaza ...

Are women leaders less corrupt?
It is almost a cliche that getting more women into power is a good way to tackle corruption. Women, the argument goes, are less likely to take ...

Obama to Republicans : raise taxes on rich or no deal
President Barack Obama warned Republicans Tuesday there would be no deal on averting a potentially disastrous fiscal crisis without them caving in to ...

Is Scottish vote beginning of United Kingdom's fall?
London's decision to grant Scotland a referendum on independence after 300 years has raised an awkward question for Northern Ireland's ...

Germany posts 3.6% rise in Q3 exports
German Federal Statistical Office announced that the country's exports rose by 3.6 percent in the third quarter from a year ago to USD360 ...

Hearing set for 'Twitterer' in Kuwait
The Criminal Court has set December 24 to look into the State Security case filed against a 'Twitter' user. Reportedly, the Public ...

Cathay Pacific crews threaten holiday strike
A union representing flight attendants of Hong Kong's flagship carrier Cathay Pacific on Tuesday threatened industrial action over a pay rise ...

US ad firm is not the pope, but welcomes followers
A New York-based mobile advertising startup is fortunate, maybe even blessed, by its Twitter handle, but confesses: it is not the pope.The company, ...

Slovakia scraps 19% flat tax, hikes rate for the rich
Slovakia on Tuesday scrapped its trademark 19 percent flat tax, replacing it with higher taxes on the rich, politicians and corporations as of 2013 ...

Global shipping hits record volume as prices fall: UN
International shipping volumes gained 4.0 percent in 2011 to a record 8.7 billion tonnes even as prices fell sharply owing to surplus capacity, a ...

US stocks dip on fiscal cliff worries
US stocks closed slightly lower Tuesday as Washington continued to wrangle over a budget plan that would avoid the year-end "fiscal cliff."The Dow ...

Crude oil prices fall on budget impasse, caution
Crude prices fell slightly Tuesday amid uncertainty surrounding US budget talks and caution ahead of the weekly release of US oil supply data.New ...

OPEC: Supplies 'comfortable'
Global oil supplies are comfortable, OPEC secretary general Abdullah Al-Badri said ahead of the oil exporting group's meeting in Vienna next ...

Zain KSA offers iPhone 5 pre-booking
Zain KSA announced it will allow customers to pre-book iPhone 5 starting from Sunday in all major branches ...

Creative steps can reduce women unemployment
The national program to financially help the unemployed persons until they find jobs, known as Hafez, is an initiative that provided ...

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