Kumaresan Selvaraj pillai


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Monday, June 24, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Qatar's emir set to hand power to son
  Qatar's emir Sheikh Hamad bin Khalifa Al-Thani is to transfer power in the small but economically powerful Gulf nation to his son Sheikh ...

Drake & Scull JV wins SR 522 m Saudi contract
 Dubai's Drake & Scull International said it is part of a joint venture that won a contract for work worth SR 522 million <$ 139 ...

Saudi ICT investment exceeds SR 135 bn
 The Saudi ICT market is the biggest in the Middle East, both in terms of capital value and volume of spending, according to Abdulaziz ...

US 'outraged' over how the Taleban office opened
 US envoy James Dobbins yesterday said Washington was "outraged" at how the Taleban opened an office in Qatar that was intended as a first ...

In Asia, ancient writing collides with the digital age
As a schoolboy, Akihiro Matsumura spent hundreds of hours learning the intricate Chinese characters that make up a part of written Japanese. Now, the ...

Japanese pigeon crosses Pacific to Canada
A plucky pigeon that flew across the Pacific Ocean from Japan will be bred by a bird lover in Canada hoping its progeny will make top long-distance ...

Help at hand for sufferers of digital burn-out
Tired of checking your smartphone every few minutes for new emails, likes or retweets? Do you spend more time looking at your device than chatting to ...

Boot camps boom in Australian outdoors
The sun is rising over Sydney's Bondi Beach and in the pre-dawn cool, about 30 people are making their way through a set of arduous exercises -- ...

Efficiency, lower costs to drive Saudi petchem sector earnings
 Updating its report on Saudi Arabia's petrochemicals sector, NCB Capital, the GCC's major wealth manager and the Kingdom's largest asset ...

Saudi nonoil exports reach SR 46.84 bn
 The value of Saudi Arabia exports of nonoil commodities for the first quarter of the current year 2013, reached SR 46.84 billion, ...

Protest in Bangladesh two months after disaster
  Hundreds of Bangladeshi garment workers and survivors of the Rana Plaza building collapse staged an emotional protest yesterday, on the ...

16 troops die in Lebanon clashes
 Sixteen soldiers have been killed in clashes with supporters of a cleric in southern Lebanon, the army said yesterday, in violence tied to ...

KSA rejects blood money for Saudis murdered in Niger
 Saudi Arabia has rejected the offer to settle the murder case of four Saudis in Niger with the payment of blood money. A Niger court had ...

Saudi- 3 Saudi projects in Intel contest final
 Three projects from Saudi Arabia reached the finals of the 2013 Intel Middle East and North Africa Business Challenge held at the Westin ...

Saudi- Legal workers who were never handed iqamas
 With hardly a week left for the three-month grace period to end, the fate of thousands of expatriates who are not in possession of their ...

Saudi- Weekend change to ring in benefits
 The royal decree issued by Custodian of the Two Holy Mosques King Abdullah, switching weekend to Fridays and Saturdays, has been widely ...

Saudi- Labor amnesty: Workers pin hopes on fresh relief
 Businesses and expats say they are pinning hopes on a possible royal gesture by Custodian of the Two Holy Mosques King Abdullah before the ...

Berlusconi sentenced to jail in sex trial
 An Italian court yesterday sentenced Silvio Berlusconi to seven years in jail and banned the former premier from public office after ...

Pakistan to try Musharraf for treason
  Pakistan's new government said yesterday it would put former military ruler Pervez Musharraf on trial for treason, charges punishable by ...

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