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Friday, January 4, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Spain to Kick Off Challenging 2013 Funding Program Next Thursday
Spain is set to kick off the most challenging 2013 funding program in the Eurozone next Thursday with a debt sale that is raising ...

Revenue from pilgrims makes 3% of Saudi GDP
Economists have estimated the Kingdom's revenues from Haj and Umrah services in 2012 at more than SR 62 billion , 10 percent up ...

The fiscal cliff deal proves Congress is working
The US fiscal cliff was dodged in pretty much the way that seemed most likely after November's election: a bipartisan deal in which pragmatic ...

$ 12 bn UAE deal top Arab investment in Turkish energy
Turkey tied up a giant agreement with the UAE yesterday for the development of coal fields in southern Turkey to generate electricity and ...

Al-Maliki 'follows Iran's agenda to divide Iraq'
Saddam Hussein's Vice President Izzat Ibrahim Al-Douri accused Iraqi Prime Minister Nuri Al-Maliki yesterday of seeking to implement an ...

Iraq looks to put squeeze on pudgy police
Ihsan Ghaidan, a policeman in one of Iraq's most volatile provinces, admits he stands little chance of promotion and notes his performance is ...

Tunisia to create fresh investment fund
> Tunisian Minister of Development and Planning Jameleddine Gharbi said here on Friday a fresh investment fund would be ...

Sudan Approaches Stage of Oil Export-Minister
Sudanese Oil Minister Dr. Awad Ahmed Al-Jaz said his country has approached the stage of oil export during the coming period to ...

UAE- Fujairah oil terminal to be ready in 2014
An oil storage terminal being built in the UAE port of Fujairah by Singapore-based Concord Energy and a subsidiary of China's Sinopec is ...

UAE- GrowthGate may invest $200m more in Mideast
GrowthGate Capital Corp, a Dubai-based private-equity firm with investments in companies that are valued at $1.4 billion, said it may ...

NATO Patriots being deployed in Turkey
NATO began deploying Patriot missiles in Turkey yesterday to defend against threats from neighboring Syria, the US military's European Command ...

Giant tuna sells for record $1.8 million in Japan
A monster bluefin tuna sold for a record-breaking $1.8 million in the year's first auction at Japan's Tsukiji fish market, nearly three times the ...

Argentina to hand out 82 mln free condoms
Argentina plans to give out 82 million condoms nationwide in 2013 in a campaign against sexually transmitted diseases, including HIV, the health ...

Nearly 90,000 apply to see Stasi files in Germany
More than 88,000 Germans applied last year to see the files kept on them by the hated and feared Stasi secret police of the former East Germany, the ...

Kuwait- Citizen Stabbed On Head Over Earlier Disputes
A Kuwaiti citizen sustained severe injuries when two others stabbed him on the head during a quarrel. Reportedly, when the Operations Room ...

UAE aluminium exports jump 102%: F&S
Aluminium exports from the UAE had shown a year-on-year increase by 102 per cent in the first half of 2012, Frost & Sullivan ...

Saudi- GDP Growth Accelerates To 5.9 Pct In Q3
KFH-Research issed a report about the Saudi economy, and said that it witnessed significant growth in Q3 of 2012 after a slowdown in the ...

Turkish inflation falls but core prices a worry
Turkish inflation fell in December to its lowest year-end level since central bank price targeting began but pressure on core prices increased, ...

In 'rape capital' Delhi, women turn to self-defence
After nearly three weeks of lurid reporting on a horrifying gang-rape in New Delhi, women in the Indian capital say they are more anxious than ever, ...

Egypt fights to prop up pound as anxiety grows
Egypt dipped deeper into its rapidly shrinking currency reserves yesterday, fighting to slow a sliding pound which is likely to push up ...

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