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Monday, July 8, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

IMF may slash growth forecasts
IMF chief Christine Lagarde has signaled that her organization would be lowering slightly its global economic growth forecasts, which are set ...

Greece nears deal on EU-IMF rescue funds
Greece and its international creditors expressed hopes of reaching a deal by today on reforms including thousands of job cuts needed for the ...

China Cell in PM office to monitor projects
Prime Minister Nawaz Sharif will set up a dedicated "China Cell" in the Prime Minister's House to follow up on a host of projects signed ...

Unemployment in Jordan stands 12.6%
Unemployment rate in the Kingdom for the second quarter of 2013, stood at 12.6 percent, slightly down from the first quarter of the ...

Egyptian gas supplies to Jordan come to a halt
Egyptian gas supplies to the Kingdom came to a halt after an attack on a pipeline in the Egyptian city of el-Arish early Sunday, an ...

Kuwait- Brothers stabbed in gang war
Two brothers sustained stab wounds after fighting with a group of 7 youths in Qaser area. The quarrel continued to Jahra Hospital. Security ...

Murray becomes first Briton to win Wimbledon in 77yrs
> History has been rewritten and the yearning is no longer after the tennis world's second-seeded British national Andy Murray ...

UAE- Maid gets 3-year jail for putting baby on sale
A maid, who tried to sell her illegitimate six-month old baby girl for Dh4,000, has been sentenced to three years in prison followed by ...

Abu Qatada denies Jordan terror charges
Cleric Abu Qutada pleaded not guilty yesterday to terror charges pressed by Jordanian military prosecutors just hours after his deportation ...

Saudi-Celebrities seek protection for their Twitter accounts amid hackings
Celebrities in the Kingdom including actors and media personalities have sought immediate measures to protect their accounts on social media ...

Saudi- Kidnapped girl rejoins family
Police have launched a manhunt for two unidentified men who kidnapped a four-year-old girl in Abu Arish town in Jazan on Friday, but later left ...

Saudi- 20% rise in drug addiction among women
Saudis form 54 percent of drug users in the Kingdom and drug addiction among women increased 20 percent during the past few years, Tahani ...

Saudi- SR 253 m deals for sanitation, water projects
Water and Electricity Minister Abdullah bin Abdulrahman Al-Hossein has signed 18 contracts for the implementation of water and sanitation ...

KSA to curb inflation, cut production costs
Saudi Arabia plans to curb inflation and cut back production costs through adoption of a series of measures including reconsidering prices of ...

Greece sees Monday deal on EU-IMF rescue funds
Greece and its international creditors hope to reach a deal by Monday on reforms including thousands of job cuts needed for the debt-laden nation to ...

Asiana Airlines shares down 6.4% after crash
Shares in South Korea's Asiana Airlines shed 6.4 percent after one of its passenger jets crashed at San Francisco airport over the weekend, killing ...

Poles dancing: women swing around Poland's signposts
Talk about a traffic stopper: three pole dancers in central Poland have been honing their skills on street corners, throwing their legs around ...

Six People Killed in India's Hotel Collapse
At least six people were killed and 11 injured with some others feared trapped after a two-storey hotel building collapsed in India's ...

France- Jet engine makers CFM, Pratt battle over performance
Engine makers for next-generation Airbus and Boeing narrow-body jets stepped up their war of words yesterday, claiming their new power ...

BMW Middle East sales up 22%
BMW Group Middle East is shifting into a higher gear with its announcement of a 22 percent increase in sales for the first half of 2013 ...

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