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Saturday, September 28, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Al Habtoor To Announce 'Mega Project' On Oct 7
Following this week's news of an impending announcement by the Al Habtoor Group, a date has now been set to unveil its biggest-ever project to ...

Kuwait Crude Oil Exports to S. Korea Down 13 pct
Kuwait's crude oil exports to South Korea in August fell 13.0 percent from a year earlier to 9.76 million barrels, or 315,000 barrels ...

China's Industrial Profits Rise 24.2 Pct in August
Major Chinese industrial firms saw their combined profits rise 24.2 percent year on year in August, quickening from 11.6 percent in ...

S Korea Grants US $6.3 million For N Korean Children
South Korea will give US $6.3 million in aid to help North Korean children with illnesses and stunted growth, the government said ...

Mideast online travel bookings to hit $16b
Online travel sector bookings in the Middle East have been witnessing a $3 billion annual increase and are expected to touch $16 billion ...

Mena hospitality, tourism revving up IT resources
The Middle East and North Africa region's hospitality and tourism sector is rapidly enhancing its IT infrastructure in order to meet the ...

Bulgaria Plans To Cut Russian Gas Imports to 50%
Bulgaria is planning to cut the share of Russian natural gas imports to 50 % of its annual consumption within the next five years to ...

Consumer Prices in Japan Rises 0.8% in August
Japan's core consumer prices in August rose 0.8 % year-on-year, data showed Friday as the country makes progress in the fight to end ...

Economic Confidence in Eurozone Rises
Economic confidence in Eurozone continues its upward trend adding signs that the recovery of the European Monetary Union is ...

eBay to buy Braintree for $800m
E-commerce giant eBay reached a deal to buy online and mobile payments technology provider Braintree for $800 million in cash. The move ...

China wins $2 billion oil deal in Uganda
China's state-owned CNOOC has secured a $2-billion deal to develop a petroleum field in Uganda and help propel the east African nation into the club ...

BlackBerry posts $965 mn loss, vows 'transition'
BlackBerry said Friday that it lost $965 million in the past quarter, confirming preliminary figures showing a rapidly eroding picture for the ...

Emirates Aviation College ties up with Boeing unit for pilot training
Boeing has come on board Emirates Aviation College in Dubai to provide high-quality ground and flight training for cadets and help support ...

Indonesia to host Miss World final despite Muslim anger
The Miss World final takes place on the Indonesian island of Bali Saturday with Muslim hardliners threatening to stage fresh protests and even break ...

South African sex show gets Salvation Army touch
It's an adult-only fair that promises to cater for every fantasy, but South Africa's annual "sexpo" drew an unusual exhibitor on Friday: the ...

UAE- Man denies sexual assault on visitor
A man, who allegedly fooled an expatriate posing as a police officer assigned with arresting illegals, made her ride with him to her ...

UAE: 10-year jail for smuggling cocaine in undergarment
A 30-year-old woman traveller who tried to smuggle more than 1.2kg of cocaine in her undergarment through the Dubai International Airport, ...

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