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Monday, June 17, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Most coal 'must stay in ground' to save climate
Most fossil fuels must remain in the ground because burning them will unleash changes which will "challenge the existence of our society", a new ...

Hong Kong tycoon buys Dutch waste-to-energy company
A consortium led by Asia's richest man Li Ka-shing said on Monday it had agreed to buy a Dutch waste management company, in a deal worth more than ...

Boeing-Airbus dogfight dominates top airshow
The world's biggest air show takes to the skies on Monday, with a battle between Boeing and Airbus for orders in the lucrative market for wide-body ...

Australian court agrees, we're not all male or female
A landmark ruling won by an Australian gender trailblazer which finds that sex does not just mean male or female could have broader implications as ...

Jittery markets await clarity from the Fed
The Federal Reserve's policy board meets Tuesday to review the economy and its stimulus program, and markets are looking for one thing: clarity.After ...

India's central bank keeps interest rates unchanged
 India's central bank kept its benchmark interest rates unchanged on Monday after three successive cuts this year, due to inflationary ...

Pope urges G8 to strive for Syria ceasefire
 Pope Francis called on Sunday on the leaders of the world's top industrialised nations meeting in Northern Ireland to push for an ...

Girls primary school attacked in Bahrain
 A group of saboteurs have targeted Bilad Al Qadeem Primary School for Girls, detonating a gas cylinder at its vicinity. The boundary ...

Deadly car bomb hits soldiers near Damascus: NGO
 A car bomb killed an undetermined number of soldiers and wounded at least 20 others late Sunday at an army checkpoint near a military ...

UAE- Man gets 5-year jail for killing another in a fight
 A man has been sentenced to five years in prison for stabbing a Tajik man, who later died, in a fight believed to have involved around ...

UAE- Fugitive claims friend killed wife
 A husband who fled the UAE after allegedly killing his wife, before returning to the country to face court, has told the Dubai Police it ...

UAE- Rotavirus vaccine part of immunisation
 Vaccination against rotavirus, the leading cause of severe dehydrating diarrhoea and infection in infants, is now part of the childhood ...

UAE- Hefty fines for illegal transport services
 The Abu Dhabi Department of Transport and its sister organisation TransAD, on Sunday announced severe penalties against illegal ...

UAE- Labour card important for legal procedures
 My wife was employed by a company for about five months . We had provided all the required ...

UAE- DDF records Dh2.7 biilion sales for first five months
 The Dubai Duty Free on Sunday revealed Dh2.7 billion sales for the first five months of the year and predicted more than Dh11 ...

Saudi- 45-hour work mooted for 2-day weekend
 The Shoura Council will present its proposal for two-day weekly off to private-sector employees to the Cabinet within 60 days, said Mohammed ...

Saudi- Chaos at Jeddah airport
 There is severe overcrowding at King Abdul Aziz International Airport in Jeddah because citizens and expatriates have been leaving in droves ...

Saudi- Real Estate sector surges 3.73%
 The Saudi stock market turned green yesterday, recovering half percent from the biggest dip of previous day. Saudi Arabia's benchmark stock ...

Saudi- Alwaleed: World's tallest tower is progressing as planned
 Prince Alwaleed bin Talal, chairman of Kingdom Holding Company , headed the 4th board of directors meeting of Jeddah Economic Company ...

Deposits at Saudi banks exceed SR 1.3 trillion
 The National Commercial Bank said in its new report that total deposits in the Saudi banking industry surpassed the SR 1.3 trillion ...

Dubai Duty Free sells USD734m in first five months, targets USD1.8b by year-end
Dubai Duty Free's executive vice chairman, Colm McLoughlin, stated that the retail operator sold USD734 million in the first five months of this year, and ...

Dubai's Damac to hire contractor to build USD1b Damac Tower
Developer Damac's Managing Director, Ziad El Chaarhas, stated that the Dubai-based firm plans on hiring a contractor to build its USD1 billion Damac Towers ...

UAE- Waha Capital buys stake in Anglo Arabian Healthcare
Waha Capital, an Abu Dhabi-based investment company, stated that it purchased majority stakes in some hospitals and laboratory assets of UAE's Anglo ...

3 Ways For Traders To Manage Unruly Emotions
Article Summary:Because trading is a flood of opportunity for both buyers and sellers, emotions often run rampant. However, making the best ...

Hardline G-8 meeting seen
 Tax evasion and banking secrecy, hot topics and top targets because of the financial crises and austerity, could be the focus of strong ...

UK: Five from diverted plane claim asylum
  Five passengers from an EgyptAir flight diverted to a Scottish airport over an apparent threat to destroy the aircraft are now seeking ...

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