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Saturday, May 18, 2013

MENAFN Summary- Daily Business News

MENAFN Summary - Daily Business News
   
Middle East North Africa - Financial Network
 

11 Ladies-only taxis launched in Ajman
Women in Ajman will now have access to ladies-only taxis, similar to those that already run in other emirates. The Ajman Transport ...

UAE- Gang arrested after power cable thefts
A gang of thieves has stolen more than 600 metres of power cables, said Western Region Police. Two Asian men have been arrested while ...

UAE inflation eases to 
0.9% in April
The UAE inflation eased to 0.9 per cent in April as housing and utility costs fell, according to official data on Saturday. The UAE ...

US Energy Revolution Gathers Pace
The growing role of the U.S. in world energy markets was underlined on Friday as the Obama Administration approved wider exports of ...

Greece to Buy 142 Ships from China
Greek Shipping Minister Kostis Moussouroulis said here Saturday Greek shipowners have recently signed contracts to buy 142 new ships ...

Saudi- US journalist gives local reporters tips
 A veteran former US journalist and business executive recently gave Saudi reporters expert advice on how to improve their communication ...

China's average new home prices up 4.9% in April
China's National Bureau of Statistics stated that last month, average new home prices grew 4.9 percent from a year earlier, compared with an increase ...

250 jobs for young Saudis in auto industry
The Saudi-Japanese Automobile High Institute guaranteed 250 jobs for young Saudis in automotive technology this year. "Nine career ...

US May consumer sentiment highest in almost six years
Americans felt better about their economic and financial prospects in early May as consumer sentiment rose to the highest level in nearly six ...

Dubai targets financial crimes

Financial crime that was detected in Dubai topped Dh200 million during last year and the first quarter of this year, according to Dubai ...

Mobile phone calls can cause blood pressure spikes
A study released Wednesday at the annual meeting of the American Society of Hypertension in San Francisco found that talking on a mobile ...

Turkey Welcomes Moody's Upgrade
Turkey hailed its second investment grade rating on Friday, seeing it as a seal of approval from international markets for a decade of ...

Saudi- Gold price dive encourages sales
Gold prices yesterday dropped to their lowest level for the second time in almost a month, sparking a shopping frenzy at gold shops across the ...

UAE trade surplus to hit $ 90.7 billion
The UAE economy growth is expected to lower to 3.9 percent in 2012 after a solid 2011, when the GDP expanded 5.2 percent led by high oil prices ...

Saudi Arabia coronavirus cases stand at 31
Another case of novel coronavirus infection in the eastern part of the kingdom was confirmed by the Ministry of Health on Saturday. "One ...

Jeddah fire kills 5-year-old girl
A 5-year-old girl died in a house fire in the Waziriya district of southern Jeddah, but her older sibling survived. Civil Defense spokesman ...

Saudi- Body kept at home for 3 days
An Indian family in Makkah kept the body of one of their dead family members at home for three days because they feared they would be arrested ...

Kuwait- Inmates attack, injure seven officials during jail inspection
Seven officials of the Central Jail sustained injuries and bruises when a quarrel broke out during an impromptu inspection campaign inside the ...

Greece enters sixth year of recession
Data released last week showed Greece entered its sixth straight year of recession, but there is now cautious optimism about the economy's prospects ...

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