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Sunday, May 26, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Teacher jailed for harassing student
 A Misdemeanour Court bench, presided by Chief Judge Sameeh Samhan, found an expatriate teacher here guilty of harassing a student, and ...

UAE- Man gets pardon letter from murdered wife's kin
The same bench finished hearing another case in which a man is accused of stabbing his wife to death, and ordered adjournment of the case ...

Saudi- 3 expat workers die in reservoir accident
 Two Indians and a Bangladeshi died of suffocation inside a reservoir in Rafha in the Northern Border Province yesterday. Dr. Eyad ...

Total assets of 'Top 100' Saudi firms rise 35% to SR 3.1 trillion
Total assets of 'Top 100' Saudi companies rose by 35 percent from SR 2.29 trillion in 2009 to SR 3.1 trillion in 2013, Al-Eqtisadiah business ...

UAE- 'Salaries not keeping pace with rising costs'
 UAE workers say salaries are not keeping pace with rising living costs, and two-thirds believe their salary is lower than their peers, ...

Tokyo Stocks Widens Losses on Margin Calls
Tokyo stocks were widening their losses midway through the morning session Monday, with the Nikkei Stock Average tumbling nearly 580 ...

UAE- Flight crew jailed for shopping with stolen cards
A flight attendant has been sentenced to six months in jail for shopping with two credit cards he had stolen from a traveller. The ...

600,000 jobs Saudized under Nitaqat
 More than 600,000 jobs have been nationalized under Nitaqat initiative. This was revealed yesterday by Labor Minister Adel Fakeih at a ...

Saudi- Refusal to register foreign spouses with GOSI to invite penalty
The Ministry of Labor, the Ministry of Interior and the General Organization of Social Insurance have announced that they have linked ...

S Korea's Daewoo Shipbuilding secures USD796m UAE contract
Daewoo Shipbuilding & Marine Engineering Co Ltd announced that it has secured a USD796 million UAE contract, reported Arabian Business. The contract ...

Guardian launches online Australian edition
Britain's Guardian newspaper on Monday launched a new online edition in Australia where print media is struggling, pledging an independent ...

Reliance discovers new gas deposit in India's KG-D6 block
India's Reliance Industries Ltd. announced the discovery of new natural gas deposit in the KG-D6 block in India's Bay of Bengal, reported Bloomberg. The ...

UAE- Dh770m contracts for Capital's waste management
 Two contracts worth Dh770 million have been awarded by the Centre of Waste Management - Abu Dhabi to cleaning service ...

UAE- Fighting hunger by selling falafel
A small gesture can go a long way in eradicating hunger across the world. Just Falafel is partnering with the World Food Programme as ...

Kuwait- Facebook post saves Pinay maid from danger
A Filipina household service worker who appealed for help on the social networking site Facebook on May 24 after being slapped by her ...

Kuwait- 'Repeat offenders face ouster'
Assistant Undersecretary for Traffic Affairs Major General AbdulFatah Al-Ali affirmed the ministry respects and takes pride in all residents, ...

Ex-wife assaulted in Kuwait
A Kuwaiti citizen assaulted his ex-wife and ex-mother in-law at a kindergarten in Mishref while the woman and her mother were attending the ...

UAE- Five-year prison sentence of rapist upheld
 The Court of Appeal upheld the five-year prison term given by a lower court to a bus driver, who sexually assaulted a young woman with ...

Saudi- Diabetes a 'major public health problem'
 Diabetes mellitus is a major public health problem in Saudi Arabia with almost 25 percent of Saudi adults between the ages of 30 to 70 ...

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