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Sunday, September 15, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- KAEC inks SR210m deal with RCC for Al-Murooj villa project
King Abdullah Economic City has awarded a construction contract worth SR210 million to Ruwad Construction Company , one of the ...

Qatar- Population set to reach 2m, rents to rise
Qatar is experiencing a new wave of population growth, similar to what it witnessed during the economic boom from 2004 to 2009, says Qatar ...

S. Korea Posts Trade Surplus for 19th Month in August
South Korea logged a trade surplus for the 19th straight month in August thanks to improving export figures, customs data showed ...

African Development Bank Grants Comoros $20 Million Aid for Energy
The African Development Bank has approved a US $20.1 Million grant for the Republic of Comoros to rebuild its power supply ...

Britain heading for fastest GDP growth
The British economy is heading for its fastest expansion since the onset of the financial crisis, economists said as they upgraded their ...

Pakistan raises interest rates
Pakistan increased its benchmark interest rate for the first time in almost three years, shifting course after the International Monetary ...

Qatar- CBO Certificates of Deposit Tender Results
Certificates of deposit tender was held at the Central Bank of Oman this week. The total amount allotted for issue No. 833 ...

Saudi- Private firms warned to register addresses
The Ministry of Labor has urged private sector companies to register and activate their addresses with Saudi Post. The ministry directed ...

New Doha Port project work on schedule
The development works of New Doha Port is fast progressing and the project would be delivered on time. The works are progressing as per the ...

Thailand, Montenegro to Expand Cooperation
Thailand and Montenegro have agreed to expand bilateral cooperation in the fields of agriculture, food industry, fishery, tourism, ...

Healthcare in crisis-hit Greece under threat
A new round of cuts in debt-hit Greece's troubled health sector could cause irreversible damage to the country's already struggling public ...

Serbia awaits the UAE's USD2b-loan approval
Serbia has considered borrowing a long-term loan from the UAE to repay some of its debts and support the economy, according to Khaleej Times. The ...

China confirms new gas pipeline through Tajikistan
China's Xi Jinping at a regional summit signed a deal to build a gas pipeline through the impoverished ex-Soviet country of Tajikistan, Tajik ...

EU finance ministers seek progress on bank closures
EU finance ministers met Saturday to seek progress on how to close down a failing bank before it damages the underlying economy, a divisive issue for ...

Chevron, Transocean settle over Rio oil spill
US energy giant Chevron and Swiss-based rig operator Transocean signed a deal with Brazilian prosecutors on Friday to settle lawsuits over an oil ...

Twitter IPO: Goldman Sachs scores coup
�Goldman Sachs, on pace to be the top adviser on US initial public offerings for the first time since 2009, scored a coup by landing the ...

UAE- Tailor on trial for molesting hearing-impaired girl
A 24-year-old Bangladeshi tailor stood trial at the Court of First Instance for taking advantage of a hearing�"impaired girl and fondling ...

Emirati falls to death from second floor
An Emirati man fell two floors to his death in Ras Al Khaimah city on Saturday morning while visiting a villa under ...

World's Oldest Man Dies in New York at Age 112
The world's oldest man, a 112-year-old self-taught musician, coal miner and gin rummy aficionado from western New York, has died. ...

Thousands Evacuated as Two Severe Storms Hit Mexico
Tropical Storm Ingrid has strengthened after becoming Mexico's second hurricane of the Atlantic storm season, prompting the evacuation ...

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