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Sunday, September 22, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Kuwait- 'CBK' Mulls Strict Procedures Over Guarantees To Obtain Loans
The Central Bank of Kuwait will soon implement strict procedures in the evaluation of guarantees submitted by loan applicants to local ...

Kuwait- Impose Health Insurance On Visitors To Kuwait: MP Saleh
The National Assembly Speaker Marzouk Al- Ghanem has described the Shaddadiya University project tour of MPs last Thursday as successful. He ...

Saudi consumer loans rise 22% at SR321bn in Q2
The volume of consumer loans given by Saudi local banks rose by 22 percent to reach SR321 billion in the second quarter of the current year ...

ICT spending to reach $40bn in UAE for 2013-2015
Kuwait Financial Centre recently published the executive summary of its report on the UAE ICT. In this report, Markaz makes an attempt ...

UAE seen to rise in asset wealth rankings
The UAE is expected to be the highest climber over the coming decade as its built asset wealth is expected to grow by two per cent, moving the ...

Saudi- Firms to be pressed to implement wage protection program
Officials from the Ministry of Labor are set to meet with local businessmen on Tuesday to discuss details regarding the implementation of ...

US companies await reforms from China's new leadership
US companies in China are taking a cautious view of the new Chinese leadership, hoping a key November Communist Party meeting will clear up the ...

GE wins '$2.2 bn Algeria turbine contract'
General Electric Co. has won a $2.2 billion contract to provide turbines for six power plants in Algeria, state energy giant Sonatrach announced on ...

UAE leads on sustainable forefront: Report
The electricity and water sector holds a strong fort in the Middle East and continues to grow as regional power generation is expected to rise ...

Kuwaiti 'Friend' Lures Bedoun Woman To 'Forced' Sex
A 27-yearold bedoun woman has filed a complaint with the Hawalli Police Station accusing a 34-year-old Kuwaiti of forcing her to have sex with ...

Kuwait- Jewelry stolen from flat
A Kuwaiti woman, whose identity has not been disclosed, has filed a complaint with the Jabriya Police Station accusing an unidentified person ...

Note 3, Gear make ME debut

Samsung Gulf Electronics announced on Sunday the Middle East launch of Galaxy 3, its latest smartphone, and Galaxy Gear smartwatch, a wearable ...

Merkel s Re-election Pushes Euro Higher in Asia Trade
The euro rose against the dollar in Asian trade Monday after German chancellor Angela Merkel clinched her third term in a convincing ...

Obama rules out negotiation on debt ceiling
�US President Barack Obama said he will refuse to negotiate with congressional Republicans over raising the nation's debt ceiling or give in to ...

China manufacturing hits six-month high: HSBC
China's manufacturing activity expanded in September to a six-month high, HSBC said, a further sign that a rebound in the world's second-largest ...

High alert after church blasts in Pakistan
Government authorities in Sindh province ordered police to be on high alert on places of worship of minorities across the province after ...

Explosion Kills Two NATO Soldiers in Eastern Afghanistan
Two NATO soldiers were killed following a roadside improvised explosive device in eastern Afghanistan on Sunday. NATO-led International ...

China Strongly Condemns Nairobi Terrorist Attack
China strongly condemned the terrorist attack in Nairobi, capital of Kenya, Foreign Ministry Spokesman Hong Lei announced Sunday. ...

UAE- Jobless man kills wife to avoid alimony
A jobless man allegedly strangled his wife to death because he could not afford paying her alimony after divorcing her, a court ...

UAE- Cop accused of having sex with woman as bribe
A police corporal, who stopped an illegal woman resident and instead of taking her into police custody escorted her to her building where ...

Kuwait- GTD Officers Cite 30,147 Motorists, Seize 556 Vehicles
Officers from General Traffic Department issued 30,147 citations against various traffic violations, seized 556 vehicles, arrested 156 ...

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