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Wednesday, April 17, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Facebook Home features spread to iPhones
Facebook said Tuesday that features from its new Home software for Android-powered smartphones will begin spreading this week to Apple's popular ...

Daimler says selling its 7.5% stake in EADS
German automaker Daimler said Tuesday that it has put its strategic 7.5 percent stake in the European aerospace and defence group EADS up for ...

US eases export rules on aerospace parts
The United States eased rules on the export of select items in the aerospace industry, in an effort to reduce regulations that are thought to be ...

Oil prices mixed after Monday plunge
New York oil prices were flat but London-traded Brent crude closed at a nine-month low Tuesday, as concerns about the strength of the global economic ...

Yahoo! profit soars but revenue falls
Marissa Mayer's quest to revive Yahoo! stumbled with word that revenue from display ads at the heart of its business shrank in the first three months ...

New Zealand set to legalise gay marriage
New Zealand's gay community was gearing up Wednesday to celebrate the legalisation of same-sex marriage, which would make the country the first in ...

New Indian theme park targets growing middle-class
India's most elaborate theme park opens this week with special-effect Hindu gods and Bollywood-themed rides, aiming to tap a thirst for family ...

Saudi- Beware of hackers, govt offices warned
Government bodies should beware of cyber attacks that target information technology in particular, warned the National Center for Information ...

KSA inflation rises in March
The cost of living index in the Kingdom rose by 3.9 percent in March compared to the same period last year. The Central Department of ...

Saudi- Media and publishing stocks down 6.16%
Saudi stocks took another dip yesterday, as the Tadawul All-Share Index fell further 48.61 points or 0.68 percent to close at 7,096.99. ...

Saudi- Performance reports must, says Nazaha
All government officials should submit regular reports on the performance of the employees of every government body, stipulated the National ...

Saudi E-encyclopedia launched
RIYADH: Prince Abdulaziz bin Abdullah, deputy minister of foreign affairs and a member of the board of directors of the King Abdulaziz Public ...

Saudi- Specialized firms to run highway gas stations
The government wants highway fuel and service station owners to contract specialized oil companies to run their businesses within two years, ...

Dubai's Arabtec will not acquire stake in Drake and Scull
Arabtec chief executive, Hasan Ismaik, announced that the Dubai-based builder will not acquire a stake in Drake and Scull, reported Arabian ...

Saudi gov't to speed up implementation of USD66.7b housing scheme
The Saudi King ordered the government to speed up the establishment of the USD66.7 billion housing fund aimed at tackling the Kingdom's housing-shortage ...

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