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Saturday, June 8, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Dutch high-speed train dream runs off the rails
Hundreds of millions of euros worth of trains standing idle outside Amsterdam testify to a dream of a Dutch high-speed rail link with Brussels has ...

Saudi- Viber CEO vows to restore service in Kingdom
 Talmon Marco, founder and CEO of Viber Inc., told Arab News in an exclusive interview that his company will find a way to avoid Saudi Arabia ...

Saudi- Thousands of jobs waiting to be taken
 A businessman here has urged the state to overhaul the country's education system so Saudis could be trained for jobs needed. He also called ...

Oil, global markets rise on US jobs data
 Stock markets rose yesterday after a US jobs report suggested the Federal Reserve is likely to keep its stimulus program going for now. ...

Saudi- SABIC plans $ 4.23 bn steel plants
 Basic Industries Corporation is planning to build two steel plants on Saudi Arabia's Gulf coast for its affiliate Hadeed, it said ...

Chinese imports of Iran's crude oil rise 11% in Q1
A Reuters survey showed that China imported nearly 400,000 barrels of crude oil from Iran in the first quarter of this year, up 11 percent compared to the ...

Iran's private sector to establish 15 new oil terminals worth USD38m
Iran's Ports and Maritime Organization official Ali Estiri stated that the private sector in the country will invest around USD38 million to ...

Effective communication a challenge for future IT growth
 The future of IT will be shaped around BYOD , the cloud and virtualization, which will lead to a transformation of ...

Saudi- Umrah visa's validity limited to two weeks
 The Haj Ministry has decided to limit the validity of Umrah visas to only 14 days because of the ongoing work to expand the mataf - the ...

Saudi- Who's to enforce maids' day off?
 The Ministry of Labor's recently approved decision to grant a weekly day off to domestic workers has been applauded, albeit with much ...

Kerry renews $ 1.3 bn annual aid for Egypt
 Secretary of State John Kerry last month approved $ 1.3 billion in annual US military aid to Egypt, despite concerns over democratic progress ...

UAE- Meraas in JV with Emaar
 Meraas Holding and Emaar Properties have announced a new joint venture to develop the master-planned community Dubai Hills Estate, the ...

PCs out as Senegal opens world's first tablet cafe
Among the washer women, carpenters, busy waiters and squabbling children sweltering under the midday sun on this dusty Dakar street an Internet ...

China inflation slows to 2.1% in May
China's inflation eased to 2.1 percent year-on-year in May from 2.4 percent in April, official data showed, with analysts citing a steep fall in ...

The $20,000 pet lion that lives on a Kabul rooftop
For Kabul's wealthy elite some things are de rigueur: armed guards, a marble-clad mansion, a blacked-out SUV. But one man has taken the flamboyant ...

Ministers, mayor join Croatia gay march
Two ministers and a mayor joined 500 people at a Gay Pride march on Saturday in Croatia's second city Split, where anti-gay violence marred a similar ...

Kuwaiti Woman 'heartbroken'
  A Kuwaiti woman in her 30s recently lodged a complaint against an Asian woman, accusing her of harassing her husband. However, ...

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