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Saturday, June 1, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US jobs growth steady in May
 Employers in the US added as many jobs in May as they did the month before, showing the world's largest economy is weathering the effects of ...

After factory shutdown, Italians 'recycle' jobs
A group of Italian factory workers who lost their jobs at an auto component maker due to the recession have taken over their disused factory near ...

EU faces tough decision on China solar panels
The European Commission faces a difficult choice Wednesday -- stick to its principles and impose anti-dumping duties on Chinese solar panel imports, ...

Targeting lung cancer genes improves outcome: study
Lung cancer patients who received a drug designed to target a genetic dysfunction lived longer with fewer side effects than those who received ...

Sex with spouse who has HPV-caused cancer 'safe'
There is no need for patients who've developed cancer from an oral HPV infection to refrain from sex with their spouses or long-term partners, a ...

UBS France under investigation
Paris investigators placed the French branch of Swiss bank UBS under formal investigation on suspicion it helped try to persuade rich French clients ...

New Japan malaria vaccine cuts infections 'by 72%'
A team of Japanese researchers say they have developed a vaccine that cuts the risk of malaria developing in humans by more than two-thirds.The ...

Online Muslims more open to Western culture: poll analysis
Muslims outside the United States who use the Internet are more likely to have a favorable opinion of Western popular culture than those who don't go ...

Ice cream nostalgia brings Syrian refugees to tears
An enticing aroma of boiled milk, vanilla, gum Arabic and pistachios; the rhythmic pounding of wooden mallets deep into stainless steel vats; the ...

Saudi- July 3 deadline for expats unextendable
 Saudi authorities yesterday rejected requests by embassies, public and private sectors to extend the grace period to legalize the status of ...

Saudi- Zamil unit wins SR 203 m deal for Ras Al-Khair plant
Zamil Air Conditioning and Refrigeration Services Co., a sector business of Zamil Industrial Investment Co. , has been awarded ...

Saudi oil exports yield SR 429 bn in five months
 Saudi Arabia exported nearly 1.06 billion barrels of oil in the first five months of the current year that yielded SR 428.6 billion, an ...

Saudi- KHI sells its stake in Movenpick Mauritius
 Kingdom Hotel Investments , a wholly owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company , chaired by Prince ...

Saudi- Capital of KSA commercial firms reaches SR 851 billion
 The number of commercial companies operating in the Kingdom rose to 21,130, with their capital totaling SR 851 billion until 2013, according ...

Saudi- Domestic consumption slows, but still healthy
 Real estate development was the best performing sector last month in the Saudi stock market and it benefited from positive outlook for the ...

Saudis need extra training 'to replace expats'
 The Labor Ministry has made it mandatory for any organization, whether schools, companies or offices, to reserve vacancies in 19 job ...

TAQA acquires North Sea BP field
Abu Dhabi National Energy Co stated in an email that as part of a USD1.3 billion deal, the Abu Dhabi firm took over British Petroleum's North Sea ...

China growth stabilises
 China's manufacturing unexpectedly accelerated in May, indicating a slowdown in economic growth in the first quarter may be ...

UN: Iraq saw over 1,000 killed in May
 The United Nations mission to Iraq said yesterday that more than 1,000 people were killed in violence across the country last month - the ...

US targets Iran petrochemical industry
 WASHINGTON: The US has imposed sanctions on Iran's petrochemical industry, vowing to target more of the Islamic regime's sources of revenue ...

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