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Tuesday, June 4, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

UAE- Average construction cost surges 20% in Abu Dhabi
 The average construction cost in Abu Dhabi has risen 20 per cent year-on-year in the first quarter of the year, as cost of construction ...

UAE- Aloha! summer vacation

 In times of economic stress, one of the first things to be crossed off the top of a wish list is a vacation. With summer just around ...

UAE- Etisalat launches cloud service for SMBs
 Etisalat, one of the leading telecom operators in the Middle East and Africa, on Tuesday announced the launch of Cloud Compute ...

IBM buying cloud computing company SoftLayer
  IBM is buying cloud computing company SoftLayer Technologies Inc. to expand its online software business. Financial terms were not ...

Saudi- Airport shocker for illegals
 Several expatriates who had obtained clearance from the deportation center in Jeddah have been turned back from the King Abdulaziz ...

Saudi- Charity begins at garbage bins ... if your heart beats for the handicapped
 A Saudi woman in Madinah has launched a humanitarian project to support the handicapped and poor patients by collecting paper and plastic ...

Vicious cycle of austerity and unemployment
 Weak growth and rising unemployment in the euro zone is prompting a change in policy direction away from budget austerity, according to QNB ...

Saudi- Major low-cost housing project set in Makkah
 A major low-cost housing project is being implemented in Makkah to accommodate 2,300 Saudi families. Municipal and Rural Affairs Minister ...

Saudi- No qualms against women heading labor committee
 The founding committee of the National Federation of Laborers in Saudi Arabia has paved the way for the possibility of a Saudi woman to head ...

Outrage as Egypt court sentences 43 NGO workers
 A Cairo court yesterday sentenced 43 Egyptian and foreign NGO workers to jail terms ranging from one to five years for working illegally, ...

UAE- GCAA moves to ease airspace congestion
 In line with its efforts to ease congestion in the airspace of the UAE, UAE General Civil Aviation Authority announced for a major ...

Egyptian politicians plot Ethiopia dam sabotage on air
  Politicians meeting with Egypt's president on Monday proposed hostile acts against Ethiopia, including backing rebels and carrying out ...

MEA private wealth to hit $6.5 trillion by 2017: Report
Private financial wealth in the Middle East and Africa is poised to grow 35 per cent to $6.5 trillion by 2017 driven by new wealth ...

Great Wall of trouble for Chinese farmer
At the farthest end of the Great Wall, Yang Yongfu limps along the section he arduously restored, in effect "privatising" it and putting himself on a ...

Japan PM to pledge 30% incomes boost
Japan's Prime Minister Shinzo Abe will outline the "third arrow" of his economic growth plan Wednesday, which will include plans to boost per-capita ...

China opens wine probe after EU imposes solar tariffs
Beijing has begun an anti-dumping probe into European wine, the commerce ministry said Wednesday, after the EU imposed tariffs on solar panel imports ...

Sweden- ... and where lifestyle blends tradition with technology
 The Swedish lifestyle brings together a love of nature, good housing, environmental thinking and lots of culture - all tied up with awareness ...

Saudi- Tabuk father kills son for 'disobedience'
 A Tabuk father has told the police that he killed his 10-year-old son because he was disobedient. A security source said that the man was ...

Kuwait- Filipina falls to death in flight from flat fire
 A Filipina working as a saleslady at the Mishref International Fair Ground died after falling off the second floor of her apartment in ...

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