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Wednesday, May 15, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Coffee with Apple chief: $610,000
An anonymous bidder paid $610,000 in a charity auction for coffee date with Apple chief Tim Cook, the organizers said Wednesday.The Tim Cook auction ...

Saudi- Ministry says it can't monitor private medical facilities
The Health Ministry said it cannot monitor over 14,000 Kingdom-wide private medical institutions due to the lack of personnel and ...

Saudi- Expats may apply for exit visas Saturday
 Saudi Passport authorities will begin Saturday the exit process of all expatriates who want to leave the country, announced Indian Consul ...

Saudi- Warburg closes $ 11 bn global private equity fund
Warburg Pincus, a major global private equity firm focused on growth investing, has announced the closing of Warburg Pincus Private Equity XI, ...

Moody's expects G20 developed economies to grow 1.2% in 2013
Moody's stated that in 2013, the real gross domestic product growth of developed economies in the G20 countries would stand at nearly 1.2 percent, ...

UAE- Media blamed for promoting Islamophobia
The media plays a strong role in promoting Islamophobia in the world, according to Nathan Lean, editor-in-chief, Aslan Media and a researcher ...

UK's GDP growth at 0.5% this quarter: BOE
Bank of England Governor, Mervyn King, stated that during the current quarter, the country's gross domestic product growth is expected to rise ...

Hollande's headache worsens as France slips into recession
President Francois Hollande's nagging headache to reboot the French economy has turned into a migraine as the economy slipped into its second ...

Software makers get face time with Google glasses
Google Glass was a common sight as software savants shared visions of games, weather reports, news and more delivered to the Internet-linked ...

Egyptian economy in shambles
Egypt's economy is going from bad to worse. Unemployment is up, the budget deficit is growing and the value of the Egyptian pound has sunk. ...

Saudi doctors implant electrodes into toddler's brainstem
A medical team at King Abdul Aziz Hospital of the National Guard in Riyadh performed the first operation to implant electrodes into the ...

Obama under fire over civil liberties
He may have been the first African-American president of the Harvard Law Review and taught constitutional law at the University of Chicago. He ...

Loans portfolio for Saudi banks exceed SR 1 trillion mark
Saudi banks continue to support the macroeconomic conditions by providing the necessary financing for local businesses. The depositary base ...

Health workers attacked in 22 nations in 2012: Red Cross
Health care workers and institutions came under violent attack in 22 countries last year, including 150 killings, the Red Cross said, lamenting that ...

China bird flu devastates Shanghai family
The virus has already killed her mother, and Kelly Gu's father lies critically ill with H7N9 bird flu in a Shanghai hospital bed -- the only couple ...

Saudi- Phone 'distractions' blamed for road deaths
Twenty percent of all road fatalities occur when motorists use their mobile phones while driving, according to the Traffic Safety ...

Saudi- 52 unsafe restaurants shut down
The Riyadh Municipality closed down 52 restaurants and street vendors during random checks on establishments here recently. The eateries, run ...

Saudi- Woman tortured, murdered
A 28-year-old Saudi woman was tortured, raped and beaten to death before her body was dumped on the road in the As-Samar District of Jeddah, ...

Woman slapped in argument with Kuwaiti citizen
A 31-year old Kuwaiti citizen was arrested recently for slapping a GCC woman in Sabah Al-Salem Area during a quarrel. According to security ...

Kuwait- 8 Filipinas rescued from Hawalli brothel
The Philippine Embassy through its lawyers filed multiple rape charges against a retired Kuwaiti Marine Officer who allegedly runs a brothel ...

Kuwait- Bid to pull out ATM machine
An unknown individual tried to steal an ATM machine of a local bank in Riqqa recently. According to security sources, the branch manager of ...

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