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Tuesday, September 3, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Dubai shares plummet on US missile launch reports
Dubai's DFM General Index plunged 3.72 per cent to 2,489.38 points, the lowest in seven weeks, on reports of a US missile launch in the ...

Kingfisher seeks $234m damages from IAE
Kingfisher Airlines, the carrier that's halted flights after defaulting on payments to employees and airports, filed a $234 million lawsuit ...

Regional crisis 'not affecting Saudi Arabia's economy'
The regional crisis has not affected Saudi Arabia's economy so far as its GDP is expected to rise 4 percent in real ...

Strategy to make Saudis more employable
Labor Minister Adel Fakeih has launched an international conference on education and employment in Madinah on Tuesday, calling for greater ...

Australian economy grows 0.6 in April-June
Australia's commodities-driven economy grew 0.6 percent in April-June and 2.6 percent on-year, data showed Wednesday, underscoring sluggishness as ...

Qatar bolstering wealth fund team
Qatar's sovereign wealth fund, one of the world's most aggressive investors, is hiring senior bankers and industry executives to lessen the ...

UAE- 36% rise in Chinese tourists
Chinese tourists are flocking to Abu Dhabi, where in the first seven months of the year their number grew 36 per cent to 23,618, with the ...

Vodafone says 'fantastic' Verizon deal will strengthen strategy
Vodafone chief executive Vittorio Colao said Tuesday that the British mobile phone giant's $130-billion Verizon Wireless deal would ...

Diabetes rises in China, reaching 'alert' level
Almost 12 percent of adults in China had diabetes in 2010, with economic prosperity driving the disease to slightly higher proportions than in the ...

Next Android mobile software version dubbed 'KitKat'
Google on Tuesday said the next version of Android will be called "KitKat" in keeping with its penchant for giving tasty names to its software for ...

iPhone expected to star at Apple event September 10
Apple on Tuesday fired off invitations to a September 10 event at which it is expected to spice up its iPhone line and unveil a low-priced version.In ...

First Saudi Twitter newspaper keeps you updated
Global social media sites such as Facebook and Twitter have been the hidden engine for the Arab Spring revolutions. Twitter in particular has ...

L'Enclume named top UK restaurant
L'Enclume was on Wednesday named Britain's best restaurant with judges calling the Cumbrian establishment a "joyful celebration of this country's ...

Unilever scraps 'homophobic' Flora ad in South Africa
Anglo-Dutch food and cosmetics giant Unilever on Tuesday said it had removed an "offensive" advert for a popular margarine brand in South Africa ...

Saudi- Pneumonia kills 380-kg Saudi
Majed Al-Dossary, a Saudi man who was suffering from obesity with a weight of 380 kg, died at Dammam Central Hospital Tuesday after he ...

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