Kumaresan Selvaraj pillai


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Sunday, September 29, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Value of GCC personal loans reach SR1.3 trillion in Q1
The volume of personal loans granted to the GCC citizens exceeded SR1.33 trillion by the end of Q1, 2013, or an increase of ...

Dubai posts surge in trade: Qamzi
As a safe and well-connected global commercial hub and a lifestyle destination Dubai is witnessing a surge in trade and investment inflows, ...

Japan's Industrial Production Falls 0.7% in August
Japan's industrial production fell 0.7% in August from the previous month due to sluggish domestic demand in some sectors, data by the ...

Abu Dhabi to begin work on Dh7.4b highways
The Department of Transport will soon commence the construction of new Mafraq-Ghuwaifat and Abu Dhabi-Dubai highways with a budget of ...

Shanghai Free-Trade Zone Launched
A free-trade zone in Shanghai, China's economic hub, has been launched as the world's second-biggest economy prepares to test ...

Siemens to cut 15,000 jobs worldwide by end 2014
German engineering and technology giant Siemens said Sunday it plans to slash 15,000 positions worldwide by late next year as part of a cost-cutting ...

S. Korea August industrial output at 9-month high
South Korea's industrial output grew at the fastest pace for nine months in August on robust car and mobile phone production, state data showed ...

Turkish housing gains from Gulf investor confidence
The value of foreign investment into Turkish housing will be as much as $5 billion annually for the coming years, with major GCC investors a ...

UAE keen to see GCC Customs Union by 2015
The UAE is eager to see the full launch of the GCC Customs Union by early 2015 after the removal of all hiccups. In its first briefing ...

GCC fertilizer industry on sustained growth path
A rapidly growing global population and planned capacity expansions are the key drivers for sustained growth for the GCC's fertilizer ...

US- Obamacare chained down
�The Republican-led US House voted to attach a one-year delay of Obamacare to a must-pass spending bill, dramatically raising the ...

Japan's Toshiba to shed 2,000 jobs at foreign TV plants
Japan's Toshiba said Monday it would shut or sell two of its three wholly-owned overseas television plants in the next six months, shedding 2,000 ...

Mobile phones, towers do not cause cancer
The Delhi Medical Association Friday rubbished reports that radiation emitted from cell phones and their towers cause cancer. Eric ...

Pope to unveil sainthood date for John Paul II, John XXIII
Pope Francis was on Monday set to announce the date that predecessors John Paul II and John XXIII will be made saints in a ceremony expected to draw ...

UAE- Charred body of missing man found
The Bur Dubai Police have found the body of the 23-year-old Indian who was killed in the fire which gutted a textile warehouse in Al Quoz ...

UAE- 18 inmates accused of murder in prison
As many as 18 inmates, including 14 Emiratis, one Ukrainian, one Uzbek, one Afghan, and one Pakistani, were charged on Sunday in the Court ...

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