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Friday, June 28, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Murdoch splits empire into two firms
Rupert Murdoch split his corporate empire into two parts under a long-promised plan to "unlock value" by separating high-flying entertainment ...

Financial crisis cripples Spain medical research
In blue gloves and goggles, Maria Jesus Vicent's team of young researchers busily mix chemicals in their laboratory, where they work at improving ...

Lebanon tourism pays the price for Syria's war
Dia's restaurant in the Lebanese resort village of Aley is deserted. Most years, he caters to thousands of rich Gulf Arab tourists and to visiting ...

US stocks rack up strong first half despite June slump
The S&P 500 scored its best first half rise in 15 years as US stocks closed out a strong first half, despite losses for June driven by worries of ...

Kuwait- Two cross-dressers arrested drunk
Operatives from Hawalli Security Directorate nabbed two Kuwaiti cross-dressers in Salmiya for consuming alcohol. Apparently, the officers ...

Kuwait- Youth makes use of hoax bomb call to board plane
"There is a bomb in the plane and it will explode" - this was the hoax statement made by a Kuwaiti youth when he was stopped from boarding a ...

Kuwait- Old woman molested
A 50-year-old woman has filed a complaint with the concerned authorities accusing an unidentified person of molesting her while she was ...

Abaya stores can't find Saudi women workers
Clothing retailers here say they are losing money because they are having difficulty finding Saudi women to work in their abaya stores. They ...

Pro-Mursi supporters rally in Cairo
Thousands of supporters of Egypt's embattled president are rallying in the nation's capital in a show of support ahead of what are expected to ...

Kuwait invests $ 24 bn in UK
The Kuwait Investment Authority has more than doubled its investment in Britain over the past 10 years to more than $ 24 billion, Bader ...

Forbes honors top 100 Indian leaders in UAE
Recognizing its passion and contribution to the advancement of the Arab region, Forbes Middle East revealed its long-awaited list of the Top ...

Saudi Kingdom showcases automotive capabilities to US companies
Saudi Basic Industries Corporation attended a conference in Detroit, Michigan hosted by the US Saudi Business Council and took part in ...

Emerging markets suffer harsh correction
mKFH-Research issued a report that shed light on the sharp decline in emerging markets, caused by concerns that the United States might ...

Two-headed turtle hatches at San Antonio zoo
A two-headed turtle has hatched at the San Antonio Zoo and officials have named her Thelma and Louise. The female Texas cooter arrived June ...

'Green energy' has not bloomed yet for investors
The term 'green energy' refers to the benign environmental impact of fuel sources, such as wind and solar, that President Barack Obama promoted ...

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