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Wednesday, July 3, 2013

MENAFN Summary- Daily Business News

MENAFN Summary - Daily Business News
   
Middle East North Africa - Financial Network
 

Yahoo buys startup behind smartphone movie app
Yahoo on Tuesday announced it has bought a startup behind a smartphone movie application, extending a shopping spree launched after Marissa Mayer ...

Saudi- Ministries verify Twitter accounts
Many government departments are now verifying their Twitter accounts in a bid to defeat online rumor-mongers. Although several government ...

Saudi- Over 80 percent of profits in retail sector go to foreigners
Although Saudi Arabia now ranks as the 16th most attractive retail market in the world, this is not benefiting the national economy because ...

Saudi- Museums to be powered by solar energy
Schools in remote areas, museums and wildlife protection projects in the Kingdom would soon be powered by solar energy generated by the Solar ...

South Korean firms threaten to leave Kaesong joint zone
Dozens of South Korean firms on Wednesday threatened to withdraw from a shuttered joint industrial zone in North Korea, complaining they fell victim ...

Everybody spies on everybody: ex-intel officers
Europeans may express outrage over revelations of US spying but they know perfectly well how the espionage "game" is played -- everybody spies on ...

Value of Saudi traded shares reaches SR 760.81 bn in H1
The Saudi stock market performed strongly as it gained over 11 percent in the first half of this year. The Tadawul All Share Index ...

Japan court to deliver verdict on Olympus executives
A Japanese court on Wednesday is due to deliver a verdict in the case of three disgraced Olympus executives accused of engineering a massive ...

Dubai Duty Free's half-year sales up 13% at Dh3.2 billion
Dubai Duty Free or DDF's sales for the first six months of the year increased by 13 per cent to Dh3.2 billion, mainly on summer ...

Attack on Cairo pro-Mursi rally, 16 dead
A group of unidentified men killed 16 people and wounded around 200 others in an attack on a rally in Cairo supporting Egypt President ...

UAE- Husband, wife accused of torturing maid
The Dubai Police have referred an Asian woman and her husband to the authorities for allegedly beating up a maid and causing severe ...

UAE- 3 get two years in prison for kidnap
Three men have each been sentenced to two years in prison ��for kidnapping a clerk for a Dh30,000 ransom after intruding into his house in ...

UAE- Trial of 30 Brotherhood
members after Eid Al Fitr
Khaleej Times has learnt that the detained members of the UAE branch of the International Muslim Brotherhood will be prosecuted after the ...

Kuwait- Fake police
An Asian man lodged a complaint at Jleeb Al-Shuyoukh Police Station against three unidentified men who impersonated police to steal his money ...

Kuwait- Wife catches husband in hotel with another woman
An Arab woman barged into a hotel room and demanded her husband open the room in which he was staying, reports Al-Rai daily. According to ...

Flying chickens, robot waiters: bizarre dining in Bangkok
From chickens catapulted across tables to meals dished up with a generous portion of sexual health advice, Bangkok is doing a roaring trade in ...

Study links IVF to small risk of mental disability
A certain kind of in-vitro fertilization used for male infertility is linked to a small increased risk of intellectual disability, according to an ...

Saudi- 65% of women meet spouses online
A total of 65 percent of Saudi women meet their spouses on social networking sites, while only 35 percent resort to the traditional way of ...

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