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Monday, April 22, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

$50mn spent to reduce environmental impact near Sohar refinery, says ORPIC
Oman Oil Refineries and Petroleum Industries Company has spent US$50mn over the past two years to clean up the ...

Saudi- SR 1.55 bn Q1 profit for STC as mobile customer base grows
Saudi Telecom Co. reported a 38.5 percent year-on-year plunge in first-quarter net profit, after taking charges relating to an affiliate ...

$ 2 trillion trade: Renminbi gaining currency in Mideast
The Chinese currency, renminbi, is likely to be used for almost one-third of all imports and exports between China and the Middle East by ...

Top-class Saudi realty projects on show
Injaz Development Co., a leading real estate developer in the Kingdom, will highlight some of the country's strategic property segments at a ...

Saudi- Petro Rabigh posts SR 658.1 million net loss for Q1
Rabigh Refining and Petrochemical Company , which has announced a net loss of SR 658.1 million for the first quarter, stated it ...

Once thrifty Czechs discover ups and downs of debt
Gone are the days of penny-pinching: the once thrifty Czechs are on a borrowing spree whose ugly side is increasingly showing itself at a time of ...

Koch brothers mull big US newspaper buy: report
Billionaire industrialists Charles and David Koch -- famous for bankrolling small-government causes -- are weighing a bid to buy several top US ...

'French San Francisco' to host first gay wedding
When France finally holds its first gay wedding in just over a month's time, it will be Vincent and Bruno who will be exchanging vows in Montpellier, ...

Reverse extinction: should we redo the dodo?
Woolly mammoths stomp through the Siberian tundra as the giant moa strides the forest floor of New Zealand and Tasmania's dog-like "tigers" stalk ...

Protesters in final bid to block France gay marriage law
Tens of thousands of opponents of government plans to legalise gay marriage marched in Paris two days before a final vote on the bill, which has ...

Google boss defends UK tax bill
A top Google executive on Monday insisted that the company's "key" role in developing Britain's electronic commerce sector should be taken into ...

Japan shipbuilder shares jump on merger report
Shares in Japan's Kawasaki Heavy Industries and Mitsui Engineering & Shipbuilding surged on Monday morning following a report that the shipbuilding ...

Japan's airlines start replacing Dreamliner batteries
Japan's two biggest airlines said on Monday they had begun replacing the powerpacks on their troubled Dreamliner aircraft after US aviation ...

ABB to buy US energy group Power One for $1.0 bn
Swiss-Swedish engineering giant ABB said that it would acquire the California company Power One, which specialises in renewable energy such as solar, ...

Lufthansa cancels almost all flights due to strike
German airline Lufthansa said Monday it has cancelled most of its domestic, European and long-haul flights at six German airports due to strike ...

Hermes says Q1 sales gain 10.3% but leather goods sag
French luxury goods group Hermes said Monday that its first-quarter sales gained 10.3 percent on strong demand from Asia but noted weaker growth in ...

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