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Saturday, July 6, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

World Bank hopes to keep Egypt aid

The World Bank hopes to continue its programmes in Egypt following the military ousting of the country's first democratically-elected ...

A-list names set to invest in online Dubai business
UAE real estate portal propertyfinder.ae has confirmed the details of its first issuance of new capital since its founder and senior ...

Brazil's 12-month inflation reaches 6.7 percent
Inflation in Brazil slowed to 0.2 percent in June compared to the month before, but, at 6.7 percent over 12 months, was still well above the ...

US regulators approve SoftBank takeover of Sprint
US regulators on Friday approved the $21.6 billion takeover of mobile carrier Sprint by Japan's SoftBank, a deal with the potential to shake up the ...

Dell panel warns of 'risk' if buyout plan fails
The special committee set up by Dell to evaluate options for the troubled computer giant warned Friday of "substantial downside risk" if shareholders ...

Credit Suisse free to transfer bank data to US: court
Switzerland's highest court ruled on Friday that Swiss bank Credit Suisse was free to transfer data to US authorities concerning clients suspected of ...

KFH-Bahrain signs financing deal with Banader Co
Kuwait Finance House - Bahrain announced that it has signed a BD 18m Islamic project finance deal with Banader Hotels Co. at a signing ...

Saudi- Market cap surges to SR 1.53 trillion
The Saudi stock market bucked the two-week downward trend and rose last week on the back of strong performance by the Tourism and Banking ...

HK billionaire's lover gets 12 yrs jail
The former lover and fortune teller of quirky billionaire Nina Wang was sentenced Friday to 12 years in prison after a Hong Kong court found ...

British EU referendum bill passes first hurdle
Prime Minister David Cameron's attempt to make a referendum on Britain's European Union membership legally-binding easily passed its first ...

From death threats to Ashes dreams: Fawad Ahmed
Pakistan-born leg-spinner Fawad Ahmed has spoken of the death threats and intimidation he received before fleeing to Australia and getting a ...

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