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Tuesday, July 30, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Realty sector makes up 39% of SR53.6bn awarded deals in Q2
The value of Saudi awarded contracts maintained a steady pace of increased spending across the construction sector as approximately SR53.6 ...

India's Jet Airways shares rise on Etihad deal progress
Shares of India's private carrier Jet Airways jumped nearly eight percent Tuesday morning, a day after it was granted conditional approval ...

Japan's ANA swings to $67 mn loss in April-June
All Nippon Airways said Tuesday that it had swung into a loss for the April-June quarter as it was hit by soaring fuel costs caused by the weaker yen ...

JPMorgan accused of US energy market manipulation
The top federal US energy regulator has accused banking giant JP Morgan Chase of manipulating energy prices, according to a "preliminary" ...

Myanmar-China gas pipeline starts flowing
Gas has started flowing to energy-hungry China through a pipeline from Myanmar, a Chinese state oil company said Monday, in a major project ...

Cuba looks to medical tourism as income source
Football legend Diego Maradona blazed a path for Cuba to become a medical tourism destination when he traveled to the island for drug addiction ...

Apple China supplier imposes overtime, hires minors: group
Three Chinese factories making Apple products impose excessive overtime and employ minors, a US-based advocacy group said, in the latest ...

Qatar- IQ nets QR4.6bn profit in H1
Industries Qatar , the region's industrial giant, recorded a staggering QR4.6bn as the net profit for the first six months ended June ...

Key European stocks end flat
European stock markets ended yesterday's session mostly flat, ceding early gains ahead of a busy week as earnings season comes into full ...

Dubai airport passenger traffic hits 32.6 million
Dubai International Airport's passenger traffic hit 32.6 million in the first half of this year, making it the busiest six months in the ...

Retail, hospitality sectors drive Emaar's earnings
Emaar Properties recorded a net profit of AED1.231 billion for the first-half 2013 similar to the H1, ...

Saudi- SR1.8bn deals finalized for Jeddah flood shield project
Makkah Gov. Prince Khaled Al-Faisal on Monday signed new contracts worth SR1.8 billion to protect East Jeddah districts located between ...

India's Jet Airways shares rise on Etihad deal progress
Shares of India's private carrier Jet Airways jumped nearly eight percent Tuesday morning, a day after it was granted conditional approval to sell a ...

Bahrain king endorses 'anti-terror' powers
Bahrain's King Hamad ordered the government on Monday to implement a parliamentary call for tough measures against what the authorities are ...

15 missing in Florida gas plant explosion
Fifteen people were unaccounted for and nearby neighborhoods were evacuated after a series of explosions shook a propane gas plant in ...

Tunisia reprieve for Femen activist
A court on Monday dismissed one case against Tunisian Femen activist Amina Sboui in which she was tried for contempt and defamation, her lawyer ...

UK- First lab-grown beef burger to be sold in London
The world's first burger with beef grown in a test tube will be served at an exclusive London venue this week - at a whopping price of ...

Europe's urban rivers spring back to life after neglect
Beaches in Paris and Warsaw, a bucolic cycle in Madrid... capitals around Europe are slowly transforming their riverbanks from noisy, polluted ...

UAE- School worker sentenced to death for raping 7-yr-old girl
A 56-year-old school concierge accused of raping a seven-year-old female pupil has been sentenced to death by the Abu Dhabi Criminal Court ...

Saudi- 67 fire incidents hit Makkah in 2 days
Sixty-seven separate fires were extinguished in the past 48 hours in Makkah, said Civil Defense director Brig. Gen. Khalaf Al-Matrafi on ...

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