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Monday, September 2, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Nokia to sell phone unit to Microsoft for 5.44 bn euros
Beleaguered Finnish company Nokia announced on Tuesday the sale of its mobile phone unit to Microsoft for 5.44 billion euros , ...

Saudi- CIB uncovers thousands of forgery cases
The Control and Investigations Bureau has said that most irregularities detected in government departments during 2012 and 2013 were ...

Salaries in Saudi Arabia 'are ahead of inflation'
he impacts of Nitaqat and national minimum wage are shaping the Saudi labor market, according to Hay Group'a annual Saudi Arabia Compensation ...

Saudi- Transport sector posts 2.78% gain
The Tadawul All-Share Index continued its upward march, marking another gain of 0.70 percent yesterday. While curving in the upward ...

Saudi- Twitteratis go gaga as Saudi sets sights on Mars
A 36-year-old Saudi man has signed up for the one-way trip to the red planet, where there is no water or air. Abdullah Al-Zahrani hopes to be ...

Saudi- SR100m recruitment firm approved
Minister of Commerce and Industry Tawfiq Al-Rabiah has approved the establishment of Jadarah Recruitment Co., with a SR100 million capital ...

Europe's emerging economies back on track
Central and eastern European countries have escaped most of the turmoil that has recently lashed emerging economies as they have been shielded by the ...

Oil output in Libya plunges bellow 100,000 bpd
Oil output in Libya went bellow 100,000 barrels per day following blockades on oil terminals enforced by guards, Times of Oman reported. The ...

Asian stocks rally as yen weakened
Asian stocks rose with the regional benchmark near the highest in two weeks, alongside a drop in yen`s value, which is giving a chance for ...

Verizon to fully acquire its wireless business in US
US company Verizon Communications decided to fully acquire its US wireless business by buying out Vodafone with a USD130 billion deal, Times of Oman ...

Facebook page guidelines updated for promotions
Facebook has just announced that they updated their page terms to make it much easier for businesses to run promotions on Facebook. ...

Pope to investigate Poland's ritual slaughter ban
Pope Francis has ordered an investigation into a Polish ban on the ritual kosher slaughter of animals, the president of the World Jewish Congress ...

French auto sales plunge 11 in August
Sales of new cars in France plunged by nearly 11 percent in August, erasing a small rebound the previous month, trade data showed on Monday.Sales ...

Schwingen wrestling: the ultimate in Swissness
Battling to the last with sweat pouring from his brow, the wrestler winced as he lost his footing, the crowd roared and his rival flattened him in ...

Saudi- Preserving Arabian leopard: Big leap by Taif
The National Wildlife Research Center in Taif has completed 60 percent of a project to establish a large sanctuary, with 20 enclosures ...

Saudi- Maid with 95% burns dies
A badly burned Filipina maid died Monday after falling into a coma at the intensive care unit at King Saud Medical City Hospital

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