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Sunday, April 14, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Riyadh airport gets big boost
The General Authority for Civil Aviaton plans to increase the capacity of the King Khaled International Airport in Riyadh to 35.5 ...

Saudi- Terror convicts escape death
A special court in Riyadh handed varying jail sentences to seven terror suspects at the end of their trial yesterday. "We did not see any ...

Qatar heading for $ 8 bn surplus
Actual government spending in Qatar is likely to be around $ 66 billion in 2013/14, leaving a budget surplus of $ 8 billion, or around 4 ...

Saudi Kingdom to halt wheat production by 2016
The Kingdom is likely to totally depend on wheat imports starting from 2016, says Waleed El-Khereiji, head of Grains and Silos Flour ...

Saudi- 'Big opportunity' in SR 1 bn biscuit market
Saudi Arabia is one of the primary emerging markets for top biscuits maker Britannia and it sees big opportunities in the Kingdom because ...

Saudi- Savola's Q1 net income up 21.8% to SR 295.2 million
The Savola Group has posted higher net profits for the first three months of this year. The group announcing its interim consolidated ...

Saudi- Tadawul ends three-day rally
The Saudi stock market was in the red yesterday, reversing after a 3-day surge and dropping 0.20 percent for the day. The Tadawul ...

Saudi- Dar Al-Hekma president in key UK business talks
Suhair Al-Qurashi, president of Dar Al-Hekma College, Jeddah, is forging links with leading educational establishments and business ...

Saudi- Yansab Q1 profit drops 7.4 percent to SR 667 m
Yanbu National Petrochemical Company has announced in its interim financial results for the first quarter of 2013 that its net income ...

EU, Japan begin trade talks looking for growth boost
The EU and Japan begin a first round of talks on Monday on one of the world's biggest free trade accords, part of a push to boost growth and get ...

China H7N9 bird flu spreads to new province
China's H7N9 bird flu virus spread to a new province on Sunday, with state media reporting two human cases in central Henan just west of the area ...

The Thatcher look, from handbag to true blue suits
The invitation of a handbag designer to Margaret Thatcher's funeral is testament to the way the Iron Lady used fashion to forge her image in what was ...

Thousands rally against poverty in Portugal
Thousands of people on Saturday rallied in the streets of Lisbon to protest rising poverty resulting from the government's belt-tightening ...

India minister heads to Canada, US to woo investors
India's finance minister heads to Canada and the United States this weekend to seek investment to plug a gaping hole in public finances and raise ...

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