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Sunday, April 28, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

BHP sells US copper assets for $650 million
Global mining titan BHP Billiton announced the sale of its Pinto Valley mining operation and rail assets in the United States to Capstone Mining Corp ...

SR 100 m firm to expand Saudi farm investments
Commerce and Industry Minister Tawfiq Al-Rabiah has approved the establishment of a new East Asia Agricultural Development and Investment ...

Greece adopts bill to cut 15,000 civil servant jobs
The Greek parliament voted to adopt a law providing for the dismissal of 15,000 civil servants as part of austerity measures imposed by the country's ...

Saudi March assets hit USD675.3b: CB
Saudi Arabian Monetary Agency announced that in March, the Kingdom's foreign assets increased by USD13.04 billion from a month before to hit ...

Operations recommence at Chevron unit
Chevron's CFO, Patricia Yarrington, announced that the US oil giant has restarted operations in a unit at its Richmond refinery following the August 6, ...

Australia unveils $12bn revenue slump
Australian Prime Minister Julia Gillard on Monday warned voters to brace for an austere election-year budget, unveiling a Aus$12 billion

S. Korea current account surplus hits 4-month high
South Korea posted its biggest current account surplus in four months in March, bolstered by robust exports of mobile devices and other high-tech ...

'Arm-lift' surgery gains appeal in US
Plastic surgery to remove fat and excess skin on the upper arms has gained appeal in the United States, where the procedure has exploded in ...

Saudi- SR 31-million Dammam industrial park contract signed
A second industrial park will be connected to an existing project in Dammam. A SR 31 million contract has been signed with a Saudi company by ...

Status of Saudi-born expats still unclear
The Ministry of Interior is to rule on whether expatriates born in the Kingdom are exempt from Saudization rules, Labor Ministry spokesman ...

Saudi- India helping Nitaqat-hit expats
Saudi Arabia and India have agreed to set up a joint panel "to evolve mechanism" for addressing problems faced by Indian workers hit by the ...

Saudi- Companies to run gas stations
The Ministry of Municipal and Rural Affairs is considering transferring the management of all gas stations from individuals to companies. ...

Saudi- Sandstorms contribute to bacterial infection - doctors
Sandstorms are a major cause of bacterial and viral infections, particularly among those with weaker immune systems such as the elderly and ...

3D printing 'could herald new industrial revolution'
As potentially game-changing as the steam engine or telegraph were in their day, 3D printing could herald a new industrial revolution, experts ...

Kenya's cellphone bank gives loans from just a dollar
Six months ago, Jane Adhiambo Achieng walked into a local Kenyan bank with the hope of getting a loan for her small grocery business.After providing ...

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