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Tuesday, October 22, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Failed malls in India point to soured retail boom
The Centre One shopping mall on the outskirts of Mumbai is gloomy and bereft of customers, even during India's annual festive and wedding season when ...

UAE - Etisalat signs more deals
Etisalat on Tuesday announced more partnership deals to enhance and strengthen its strategic partnership, services, special offers and ...

UAE - Double-digit growth seen in backup, virtualisations
Veeam Software, innovative provider of backup, replication and virtualisation management solutions for VMware vSphere and Microsoft ...

UK budget deficit narrows
Net borrowing excluding temporary support for banks was �11.1 billion compared with �12.1 billion a year earlier, the Office ...

Russia signs oil export deals with China
Energy companies from Russia inked several deals with China in a bid to bring sales to fund production and pipeline projects that will shift exports from ...

China's ZTE to reap profits in 2013
China-based ZTE Corp said it will gain revenues this year compared to last year's losses after cost-cutting measures, according to Arab News. The ...

Dubai electronics trade jumps 30%
According to official statistics released on Tuesday by Dubai Customs, the value hit Dh136 billion compared to Dh104 billion over the same ...

Mena witnesses 100% infection rate via web
It's all because of regional governments and businesses are not taking web threats seriously, and the consequences are potentially ...

Asian shares rise for the fifth day
Asian shares rose for the fifth day, having the benchmark gauge trading near a give year high. The MSCI Asia Pacific Index climbed 0.3 ...

Kogi Iron Limited (ASXKFE) Share Purchase Plan Closing Friday 25 October
http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp Australian based iron ore development company, Kogi Iron Limited ...

Saudi - Jubail scrapyard workers living in tough conditions
Workers and residents have asked for the construction of an electricity network in Jubail's scrapyard in order to fit in air-conditioning and ...

Riots to riches gentrification sparks fears for Brixton's soul
The small champagne bar faces the stall selling Afro-Caribbean produce, a stone's throw from the scene of some of London's worst riots. Welcome to ...

Italian mafia chief caught in Dubai
The head of a notorious Italian mafia group has been arrested while transiting through Dubai International Airport. Announcing the ...

10 died, 94 hurt on UAE roads during Eid holidays
With the Eid Al Adha holidays meant to be a time of joyous celebration, tragedy struck on the country's roads during the three day break ...

Sultan pursues Rio dreams
It was back in August 2010 that talented teenaged rider Sultan al Tooqi clinched the first ever Olympic medal for Oman. The 17 year old won ...

UAE - Drug smuggler gets 10 years, fined Dh200k
The man, identified as M.I., was arrested in October last year for smuggling and possession of the drug. The Court of First Instance ...

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