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Saturday, October 12, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

US Secretary of Treasury Warns of Economic Crisis if US Defaults
US Secretary of Treasury Jack Lew warned Friday the Senate of dangerous economic implications, if the country defaults on its financial ...

High-profile Gulf real estate projects in global spotlight
The Cityscape Awards for Emerging Markets has recognized the 2013 pioneering global real estate developments at a ceremony in ...

Iraq Signs Contract to Build First Investment Refinary
The Iraqi Oil Ministry has decided to build the first oil refinery for investment in Maysan province with a production capacity of 150 ...

Saudi- Tax and Zakat revenues poised to hit SR27 billion by year-end
The volume of tax and Zakat revenues has so far reached SR 21.5 billion and poised to hit SR27 billion mark by the end of the year, a senior ...

Saudi- SR54.3m loans for women's enterprises
The Saudi Credit and Savings Bank has extended credits worth SR54.3 million to fund 450 women's projects during the past 20 months, a ...

GCC moves closer to railway project implementation
Plans are under way for the construction of a second causeway between Saudi Arabia and Bahrain, parallel to the King Fahd Causeway, a senior ...

World Bank to Open Regional Office in South Korea
The World Bank will open its regional office in South Korea later this year as both push for increased cooperation in providing ...

Facebook Founder Buys out Neighbours
Facebook founder and CEO Mark Zuckerberg has splashed out $US30 million to buy four houses adjacent to his own five-bedroom home. The ...

Security Council Approves Joint Mission to Destroy Syrian Chemical Weapons
The UN Security Council has formally approved the first ever mission between the international body and the chemical weapons watchdog ...

Mass Evacuations as Cyclone Phailin Nears India's East Coast
Rain and wind lashed India's east coast and nearly 400,000 people were evacuated to storm shelters after authorities issued a red alert ...

Local Study Reveals That Cancer No. 1 Cause Of Death in S. Korea
South Koreans are more likely to die of cancer than any other causes, while the rest of the world dies mostly of cardiovascular ...

Infectious Diseases Kill 1,478 in China
A total of 1,478 people died from infectious diseases in the Chinese mainland in September, with AIDS the top cause of death, according ...

Kuwait- Maid Flees Sponsor
A case has been filed against a Kuwaiti man for insulting a policeman on duty, reports Al-Shahed daily. This happened when the Kuwaiti ...

Kuwait- Ex-wife thrashed
An unidentified woman has filed a complaint with the Fintas Police Station accusing her exhusband of assaulting her and dragging her by her ...

Kuwait- Ethiopian Woman Molested
An unidentified Jordanian youth has been referred to the Public Prosecution for molesting and harassing an Ethiopian woman, reports Al-Anba ...

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