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Wednesday, June 26, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

EU summit aims to rescue 'lost generation'
EU leaders begin a two-day summit on Thursday aiming to put the worst of the eurozone crisis behind them with an action plan to tackle youth ...

Ultra-wired South Korea battles smartphone addiction
Kim Nam-Hee pulls no punches as she warns a classroom of wide-eyed South Korean 10-year-olds that they stand on the edge of an addiction that will ...

Same-sex marriage gets boost in US
In landmark rulings for gay rights, the US Supreme Court struck down a law denying federal benefits to homosexual couples and cleared the way for ...

Stop snooping, Web founder tells West
�The British inventor of the World Wide Web accused Western governments of hypocrisy in spying on the Internet while lecturing repressive ...

Saudi- Weekend change sees Saudi wedding costs rise
�Wedding halls here are charging Saudis extra for changing the dates of their nuptials resulting from the new weekend. The change has also ...

Saudi- NGO seeks compensation for maid's kin
�The Federation of Kerala Associations in Saudi Arabia has called on the Indian Embassy to take steps for ensuring monetary ...

Saudi- Girl murdered by maid gets tearful sendoff
�The six-year-old child murdered by her family's Ethiopian domestic worker was buried in Hotat Bani Tamim, 150 km from Riyadh, in a tearful ...

Saudi- Rail projects threaten future of taxi industry
�The Council of Saudi Chambers has called for a plan to develop the taxi industry because of the threat posed by the massive railway ...

Saudi- High credit card interest rates drive Saudis away
�Saudis who have credit cards are fast falling into a debt trap mainly because of indulgence in unplanned and expensive foreign holidays funded ...

Saudi- Domestic Haj to cost 60% more
�The costs of performing Haj and Umrah are expected to increase this season according to pilgrim service providers. The surge in prices has ...

Twitter CEO defends 'principled' data request policy
�Twitter is holding to a "principled" policy on national security data requests and will "push back" in some cases to protect the privacy of ...

Saudi- Insurance stocks continue to fall
�The Saudi stock market was in the red yesterday, dropping slightly by 0.17 percent. Saudi Arabia's benchmark stock index bouncing ...

Saudi- Zain gains more time to repay $ 2.4 bn loan
�Loss-making telecom operator Zain Saudi has gained more time - until July 31 - to repay a $ 2.4 billion Islamic loan due yesterday, the ...

Saudi- High costs put pressure on telecom giant
�Saudi Telecom Co. is a company with a market capitalization of $ 21 billion but no permanent chief executive. It has spent billions of ...

Mexico police free 52 kidnapped immigrants
�Police in far northern Mexico have freed 52 people who were seeking to illegally cross into the United States but were being held hostage by ...

India's rupee hits new record low of 60 to the dollar
�India's rupee touched a new record low of more than 60 to the dollar, deepening the abrupt slide in the currency as overseas funds continue to ...

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