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Saturday, May 25, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- International media: So wrong, so often
Last December The Associated Press committed a blunder that could have resulted in the expulsion of its correspondent from Saudi Arabia, ...

$ 750 m sukuk: Saudi developer closes 1st tranche
Bank Alkhair has announced the successful close of the first tranche of a $ 750 million sukuk program established by Dar Al Al-Arkan Real ...

Saudi- SR 404 million Riyadh hospital deal awarded
Arabtec Holding announced that its joint venture between Arabtec Saudi Arabia and Greece's Terna has been awarded a SR 404 million contract by ...

Saudi- IDB unit steps up insurance support
With the support of the Tajikistan president, the board of governors of the Islamic Corporation for the Insurance of Investment and Export ...

US could become energy independent by 2030
 The application of new techniques for extracting hydrocarbons, that were previously not economical, is changing the rules of game for global ...

Canada's Barrick Gold fined USD16m on environment violations in Chile
The Chilean environmental regulator SMA announced that it fined Canada's Barrick Gold, the largest gold miner in the world, USD16 million due to ...

Saudi families spent SR 7 bn on trips abroad in 2012
 Saudi families spent SR 7 billion on tourism abroad in summer last year, an increase of 28 percent compared to the previous year, according ...

Saudi- 3 dead in road wreck
Three people from one family died yesterday in a car accident with a bus carrying 28 workers of Maden Company in Thulum city. The accident ...

Saudi- Value of Kingdom's construction contracts exceeds SR 49 bn in Q1
The magnitude of contracts within the construction sector continues to illustrate the Kingdom's appetite for heavy capital expenditures as ...

Security high for Paris protest against gay marriage
French police were on alert Sunday ahead of a mass protest in Paris against a new gay marriage law, with hardline activists expected to mingle among ...

Swiss-China trade deal a symbol amid spats with EU
Applauded by Switzerland's business sector, the country's free-trade deal with China is heavy with symbolism, coming as Beijing locks horns with the ...

German firms among top Saudi employers
Germany continues to be one of the top employers of Saudis in the Kingdom, a German official said yesterday at the Ninth German and Sixth ...

Editor Sees Publication Of New Client Book This Month
DALLAS, TX -- Developmental Editor Susan Mary Malone, , has seen another of her ...

Chinese energy consumption to grow 4.5% annually in 20 years
During the coming 20 years, China's energy demand is projected to rise 4.5 percent annually, driven by growing industrialization and urbanization, ...

Expansion to up Riyadh airport capacity to 35 m
The new expansion plan for Riyadh's King Khaled International Airport aims at increasing its capacity from 12 million to 35 million, said ...

Last vestiges of monopoly
Few issues irk economists as monopolies and oligopolies, because they distort market mechanisms by limiting economic freedom and reducing ...

Human trafficking or modern-day slavery
 HUMAN trafficking is a grave violation of human rights. It is gaining in both intensity and complexity as countries around the world are ...

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