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Tuesday, January 22, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Google 2012 revenue hits $50 billion, profits up
Google on Tuesday reported that its annual revenue topped $50 billion for the first time last year, as the Internet titan reported rising profits."We ...

Portugal and Ireland ask eurozone to extend rescue loan dates
Portugal and Ireland have received the support of eurozone finance ministers to extend the life of bailout loans to help them to borrow normally, ...

Saudi Kingdom investing in energy-saving technologies
In an effort to reduce the Kingdom's dependence on oil, a Saudi-Japanese business forum on energy-saving technologies was held at the Jeddah ...

Arab leaders renew economic unity pledge as summit comes to a close
Arab leaders attending yesterday's concluding session of the third Arab Economic and Social Development Summit renewed their commitment to ...

Saudi- Kingdom Holding net income rises 10.5%
Kingdom Holding Company , chaired by Prince Alwaleed bin Talal, announced the company's financial results of operations for the fourth ...

First lady's dress designer 'still pinching' himself
The young, foreign-born designer of Michelle Obama's hotly-anticipated inauguration gown still can't believe his creation caught the first lady's ...

World elite gathers in Davos amid cautious optimism
The world's political and business elite gather in the snow-covered resort of Davos from Wednesday, aiming to instil some confidence in the global ...

Saudi-Bahrain pipeline project work on target
Abdul-Jabbar Abdul-Kareem, general manager for mega engineering projects at the Bahrain Petroleum Company BSC , has affirmed that ...

Kuwait- Boubyan Bank Reports KD 10 Mln Net Profit In 2012
Boubyan Bank announced a net profit of KD 10 million, growing by 25% compared to year 2011 at earnings per share of 5.75 fils. Meanwhile, the ...

Two-state Israeli-Palestinian solution almost dead, says UK
Britain said yesterday prospects for a two-state solution to the Israeli-Palestinian conflict are almost dead because of expanding Jewish ...

Palestinians see no hope for peace as Israel votes
Palestinians evinced weary indifference yesterday as Israelis voted in an election set to produce a hard-line government keener to expand ...

Matisse thieves sentenced in Miami
A US federal court handed down prison terms to an American man and a Mexican woman for trying to sell a $3 million Henri Matisse painting stolen from ...

Nebraska approves controversial Keystone pipeline
The controversial Keystone XL oil pipeline cleared a key hurdle after the governor of the US state of Nebraska approved a new route that avoids an ...

Comic novel imagining Hitler return is bestseller
Eighty years after Adolf Hitler's rise to power, a novel that imagines his return to modern-day Berlin has become a bestseller in Germany, though a ...

Russians protest plan to shut child cancer hospital
Thousands of Russians expressed outrage Tuesday after the authorities in Saint Petersburg announced plans to close the only hospital treating ...

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