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Tuesday, August 20, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

JPMorgan faces new energy-related probe: WSJ
US authorities are probing whether banking giant JPMorgan Chase manipulated US energy markets, the Wall Street Journal reported.The newspaper, citing ...

Facebook launches trending topics
Khattaba is the Arabic word for a woman marriage match-maker whose job is to bring two people together who want to get married. She is the link ...

GM blames brake problems for recall of 300,000 Chevrolet Cruze
US automobile giant General Motors will recall nearly 300,000 Chevrolet Cruze because of a faulty microswitch in their brake assist ...

UK gold exports to Switzerland increase
Gold exports from the UK to Switzerland increased in the first six months of this year, Saudi Gazette reported. Nearly 797 tons of the precious metal ...

Payrolls increase in 32 US states
Payrolls climbed in 32 US states in July, and the unemployment rate climbed in 28, indicating progress in the labour market remains ...

Govts face extra debt costs
Governments face a rise in their borrowing costs due to the winding down of monetary stimulus programmes and as investors bet on central ...

Investcorp to sell Skrill Group for $800 million
Investcorp, a major provider and manager of alternative investment products, said it had agreed for the sale of Skrill Group to funds advised ...

Saudi- Wage protection program targets coverup businesses
The Labor Ministry said on Sunday that a number of companies have started implementing its wage protection program, which becomes mandatory on ...

Indian economic gloom 'overplayed': World Bank
The World Bank's chief economist said Monday the gloom surrounding India's economy had been "overplayed" and the country was not in danger ...

Saudi- YouTube gradually capturing television audience
Saudi youths would rather watch their favorite shows and series online rather than wait for them to air on television. Some say they can ...

Saudi economy generates 2 million jobs in 4 years
The Saudi economy created two million jobs in a four-year period of which 1.5 million jobs went to non-Saudis, local media said ...

UAE- Deyaar announces Business Bay handover
Deyaar Development recently announced the handover of The Burlington, a commercial tower located within the Business Bay in September ...

Bolivian says he's 123, may be world's oldest person
Could this be the world's oldest person? Carmelo Flores Laura lives high in the Bolivian mountains, chews coca leaves, cooks on open fires and says ...

Obamas welcome new dog 'Sunny' to White House
President Barack Obama and his family welcomed a playful new addition to the White House on Monday -- a dog called Sunny.The black Portuguese Water ...

Book to reveal previously unseen Queen Elizabeth images
Previously unpublished family photographs of Queen Elizabeth as a young girl are to be seen by the public for the first time. A book being ...

Saudi- 610-kg man airlifted from Jazan to Riyadh for surgery
A 20-year-old man suffering from extreme obesity was extracted from his home in Jazan on Monday and airlifted to the national capital in an ...

Saudi- Blogger who shared too much silenced
Sometimes too much information is not a good thing. Take the Saudi student blogger who overshared her life with her readers. She is now ...

Saudi- Female students launch campaign to combat immodesty
A campaign launched by female students on Wednesdays and Thursdays at Imam Muhammad Ibn Saud Islamic University is calling for women to adopt ...

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