Kumaresan Selvaraj pillai


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Saturday, December 8, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UK manufacturing output down 1.3%
> Figures showing a steeper-than-expected drop in manufacturing output Friday fuelled fears that the UK is facing a renewed slump ...

FDI in retail will help farmers, consumers -- Indian PM
> The Indian Government's decision to allow FDI in multi-brand retail would benefit farmers and ...

Kuwait Finance House earns KD 25 million in deal
> Kuwait Finance House has sold 16 plots of a space of 63,000 square meters in various regions of the country at a value ...

Kuwait- KSE price index down by 1.09 pct during week
Kuwait Stock Exchange ended last week in the Red zone. The price index ended last week with a decrease amounted to 1.09%, and the ...

Kuwait- KD 622,133 in compensation
The Court of Cassation presided by Justice Mishal Al-Jarewi ordered the Kuwait National Petroleum Company to pay KD 622,133 in ...

Dubai's DAE shrinks its Boeing 747-8 order by 5 planes
Dubai Aerospace Enterprise has cancelled five of its 10 Boeing 747-8 freighters, Reuters reported, citing the plane manufacturer. The cancellation ...

Bahrain- GIB raises $ 500 m through debut bond issue
Gulf International Bank has announced the successful completion of its senior unsecured $ 500 million 5-year debut issue under its $ 4 ...

China estimated to boost Saudi crude oil imports to 1.17m bpd in 2013
China is expected to up its crude oil imports from Saudi Arabia by 11 percent in 2013, as refiners lift output in anticipation of an economic recovery and ...

US East Coast crude oil imports set to plunge
Imports of foreign crude oil by US East Coast refineries will plunge next year, leaving more West African light sweet crude oil looking for a ...

Saudi oil exports earnings exceed SR 1 trillion
Saudi Arabia exported nearly 2.68 billion barrels of crude oil in the past 11 months of the current year that has yielded SR 1.005 trillion, an ...

India's Ratan Tata denies attack on government
Indian tycoon Ratan Tata denied on Saturday calling India's business environment "venal" or accusing the government of "inaction" in media ...

Ireland needs more time to repay EU bailout
Crisis-hit Ireland needs more time to repay its bank bailout funds, the eurozone member's central bank governor Patrick Honohan said in an interview ...

Taiwan finance 'titan' Koo dies at 79
Taiwanese tycoon Jeffrey L.S. Koo, head of a leading financial group and one of the island's richest men, has died at the age of 79, his company said ...

Budapest airport reopens after technical failure
Budapest's international airport reopened Saturday morning after an electrical fault forced its closure Friday."Liszt Ferenc International Airport ...

Greek bond buyback a success: reports
A Greek operation to buy back some of the country's huge debt at reduced prices to access additional EU-IMF financial aid has met the 30-billion-euro ...

Hundreds queue up for Wii U debut in Japan
Hundreds of people queued up at electronics shops across Japan as Nintendo released its new Wii U game console, hoping to reposition itself in a ...

Lagarde says 'fiscal cliff' threatens US supremacy
IMF chief Christine Lagarde said Friday the looming "fiscal cliff" in the United States threatens the country's international supremacy and the ...

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