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Monday, September 9, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Fitch affirms Saudi Arabia's rating at 'AA-'
Fitch Ratings has affirmed Saudi Arabia's Long-Term foreign and local currency Issuer Default Ratings at "AA-". The Outlook is Positive. ...

Diesel prices hiked in Dubai
Transport companies in Dubai were in for a shock with fuel retailers Eppco/Enoc and Emarat set to raise diesel prices by 20 fils from ...

EU to promise telecoms shake-up, end to roaming charges
The EU presents a radical shake-up of the telecoms sector Wednesday, aiming to enforce a single telecoms market and remove unpopular mobile phone ...

Apple shares up ahead of new iPhone launch
Apple's shares climbed ahead of an expected move on Tuesday to expand the iPhone domain with a pair of new models, including one aimed at ...

Egypt offers 33 billion-pound investment opportunities to Saudis
Egypt is offering Saudis investment opportunities valued at 33 billion Egyptian pounds, including e-trade, financial services, justice and ...

Asian shares rose ahead of China factory output data
Asian shares inclined in today`s early trades, and the regional benchmark extended its rally to be the longest this year. The MSCI Asia ...

Malaysian Halal Food Sector in Vietnam Offers Promising Investment Prospects
The halal food industry is the latest investment prospect that can grow rapidly in Vietnam following the increase in Muslim tourist ...

Japan Raises GDP Growth Estimate for Second Quarter
The Japanese economy grew in at an annualized rate of 3.8% in the second quarter from the previous period, the government said Monday, ...

China, Hungary Sign Currency Swap Agreement
The People's Bank of China , China's central bank, announced Monday that it has signed a currency swap agreement worth 10 billion ...

Dubai House Prices Likely to Rise
Dubai's rising house prices, underpinned by a much-improved economy and strong demand, are likely to continue their uptrend, but no ...

Oman second in GCC on happiness index
Oman has been ranked 23rd on the happiness index in the world, and second in GCC, according to the UN Happiness Report 2013. While Denmark, ...

Standard Chartered Gets Approval to Open Branches in Iraq
Standard Chartered Bank has received approval from the Central Bank of Iraq to open branches in the country. The London-based bank ...

Jordanian FM, British Official Discuss Syrian Refugees Issue
Jordanian Minister of Foreign Affairs and Expatriate Affairs Nasser Judeh met on Monday with British Secretary of State for ...

US- Senate to Vote on Syria on Wednesday
The U.S. Senate delayed a test vote Monday on authorizing a limited military strike on Syria, amid signs of a possible breakthrough in ...

Nadal Outlasts Djokovic to Win US Open Title
Spain's Rafael Nadal defeated world number one Novak Djokovic 6-2, 3-6, 6-4, 6-1 to win his second US Open and 13th Grand Slam title ...

Electric cars dominate at Frankfurt auto show
Electric cars by German builders are just some of the nearly 70 world premieres at the 65th edition of the IAA auto show opening later this ...

Abu Dhabi to host Emmy Awards semi-finals
Pyramedia, Abu Dhabi, will host the penultimate semi-final sessions of the International Emmy Awards on behalf of The International Academy ...

Hawaii takes step to legalizing gay marriage
Hawaii's governor has called a special legislative assembly next month to debate a bill legalizing gay marriage, in what would make it the 14th US ...

Saudi- Kingdom achieves 96% literacy rate
Saudi Arabia has made rapid strides in increasing its literacy rate, with 96 percent of the Kingdom's population being declared ...

Saudi- Goat-cha: SR13m 'rare' deal raises eyebrows
A Saudi businessman has sold a goat for an unprecedented price of $3 million, according to a newspaper report on Monday. The sale of the animal ...

Patient falls to death from Abu Dhabi hospital window
According to preliminary investigations conducted by the Abu Dhabi Police, there was no criminal foul play related to the death of a ...

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