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Wednesday, April 10, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

S Korean March jobless rate down to 3.5%
Statistics Korea announced that the country's unemployment level declined to 3.5 percent in March from 4 percent in February, reported Xinhua News. The ...

Saudi women's role in family businesses still limited
The number of Saudi women in leadership positions in family businesses is still very limited, said Josiane Srih, associate professor at the ...

First female Saudi lawyer trainee becomes a reality
Arwa Al-Hijeili received the first definition of a trainee lawyer as a start to obtaining a license to practice law. A Justice Ministry ...

Saudi Hollandi Q1 net profit up 19.4% to SR 346.3 million
Saudi Hollandi Bank has said in its interim financial results for the three-month period ended March 31, 2013 that its net profit during ...

Saudi- Arab National Bank's Q1 earnings jump to $ 181 m
Arab National Bank reported a net profit of $ 181 million for the first quarter of 2013 compared to $ 175 million for the same period ...

Saudi British Bank Q1 net profit rises 11% to SR 948 m
The Saudi British Bank said it recorded a net profit of SR 948 million for the quarter ended March 31 2013. This is an increase of ...

Oshkosh to cut 900 jobs in defense unit
US heavy-duty vehicle maker Oshkosh Corporation said Tuesday it would cut 900 jobs in its defense division this year mainly due to military spending ...

Boeing to invest $1 bn in South Carolina expansion
US aerospace giant Boeing announced Tuesday that it will invest more than $1 billion to expand operations in South Carolina, where it builds the 787 ...

EU deal to tackle mining corruption
EU legislators struck an anti-corruption deal that aims to force big mining companies to make public the payments they make to governments where they ...

Ex-boss of failed UK bank returns knighthood
The former boss of failed British bank HBOS will return his knighthood and forego 30 percent of his pension following last week's damning ...

Slovenia working 'day and night' to save banks: PM
Slovenia's new Prime Minister Alenka Bratusek insisted Tuesday that her government is working "day and night" to save a banking system which the OECD ...

Arrhythmia drug may increase cancer risk: study
A common treatment for irregular heartbeats may have a serious side effect: a new study showed it could increase the risk for certain cancers, ...

New gene linked with double Alzheimer's risk for blacks
African-Americans with a certain gene variant have nearly double the risk of developing late-onset Alzheimer's disease than those without it, a new ...

Vatican prepares for adult stem cell conference
The Vatican on Thursday will organise a conference to promote adult stem cell research as an alternative to research using destroyed human embryos, ...

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