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Wednesday, June 12, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Foreign husband needs Saudi wife's nod to travel with kids
 The Shoura Council will consider a draft bill that will prohibit foreign husbands of Saudi wives to leave the country with their children ...

Samsung Heavy wins $3.0 bln order from Nigeria
South Korean shipbuilder Samsung Heavy Industries said on Thursday it had won a $3.0 billion order to build a giant offshore oil storage platform in ...

Fitch affirms ratings of 11 Saudi banks
 Fitch Ratings has affirmed 11 Saudi Arabian banks as part of a peer review of the Saudi banking sector. Fitch has revised the outlooks on ...

Saudi- Money forger arrested in Yanbu
 Yanbu police has arrested a man accused of counterfeiting Saudi and US currencies. The man, of African descent, was nabbed during an ...

Saudi- Workers want missions to pay transfer fees
 A number of workers are calling on their embassies and consulates to help them pay fees needed to release them from their sponsors or get new ...

Saudi- Editorial: Give expats a ray of hope
 Every government has the right to take action against illegal workers and protect the interests of its nationals. The reasons behind the ...

India- Apollo Tyres, Cooper Tire sign USD2.5b takeover deal
Apollo Tyres Ltd. vice chairman, Neeraj Kanwar, stated that the company signed a deal with Cooper Tire & Rubber Co. by which APTY will acquire ...

Saudi- Hackers could be using your Wi-Fi
 Hackers could be using your Wi-Fi connection with simple software brought in from India, according to sources in the Saudi telecommunications ...

Saudi- Massive plan to develop Riyadh's CBD
 The Riyadh Development Authority has worked out a massive plan for the development of the city's central business district into a major ...

Saudi- 8.2% jump in kidney disease seen
 Specialists in the treatment of kidney diseases said there is an increase in the number of those affected during the past few years. ...

Saudi- SR 4 bn set for technical training colleges
 The Saudi government has signed a massive SR 4 billion contract with leading colleges in the United States, Canada, the United Kingdom and ...

Saudi- Fatally stabbed over mobile phone
 A Saudi man died here after being stabbed 20 times by a Yemeni man following after a deal over a used mobile phone went wrong. The Saudi ...

Fake fingers help ex-yakuza lead lawful life
Going straight after a lifetime spent as a member of Japan's feared yakuza organised crime mobs poses a number of challenges. Chief among them is ...

Hungarians fume over revealing tobacco scandal
When Hungarian Prime Minister Viktor Orban swept to power in 2010, one of the many things he promised was to clean up government and root out ...

Kidnappers in Lebanon demand SR 100,000 for Saudi
 A Saudi national was kidnapped in Lebanon recently, marking a serious phase of the Syrian civil war as it spills over to the neighboring ...

Study: Saudi youths prefer late marriages
 Saudi youths prefer late marriages because they are looking for certain characteristics in a future wife such as beauty, height and other ...

Saudi- KAIA to employ 500 Saudi women
 King Abdulaziz International Airport in Jeddah will employ 300 to 500 Saudi women in the departments of passenger services and ...

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