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Sunday, October 6, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

GCC countries to see economic growth
Rapid-Growth Markets Forecast expects the GCC to register fast economic growth in the medium term, according to Arab News. Growth in Qatar is ...

Saudi - Kingdoms GDP growth projected at 4.3% in 2013 
According to Ernst & Youngs most recent Rapid-Growth Markets Forecast, the GCC can expect to see robust economic growth over the ...

S Arabia Implements Mega Projects Worth SR288bn
Saudi Arabia is implementing mega infrastructure projects, including roads, bridges and rail projects worth $77 billion

London - LNG-powered trains could arrive by 2017
LONDON: LNG-powered locomotives could be in widespread use on North American railroads as early as 2016 or 2017, according to Railway Age, one ...

Canada spied on Brazil energy ministry
Canada spied on communications at Brazil's Mining and Energy Ministry, according to Canadian intelligence documents revealed Sunday by Globo ...

Myanmar unrest raises stakes for growing tourist industry
Recent anti-Muslim bloodshed close to Myanmar's most popular tourist beach raises the stakes for an industry dependent on the former pariah state's ...

Auto components strike ended in South Africa
The month long strike in the South African car component industry came to an end after the South African trade union NUMSA reached a deal, Times of Oman ...

Saudis take to Twitter to demand better pay
Despite their country boasting the world's greatest oil wealth, many Saudis complain their salaries are not enough to make ends meet, and are taking ...

India Considers Importing Uranium from Uzbekistan
India is in talks with Uzbekistan for procuring uranium for growing requirement of fuel for its nuclear plants, expected to increase in ...

Saudi -Almarai Net Profit up 5.35% to SR 1.1 Billion in 9-Month Period
Saudi Arabian stock exchange-listed dairy major Almarai Companys net profit of Saudi Riyal 1.128.9 Billion for the first ...

GCC Ramps Up E-Govt Services
Governments across the Gulf Cooperation Council countries are ramping up their e-government services in order to meet the demands ...

N. Korea Warns of Pre-Emptive Strike to Counter S. Korea, US Provocation
North Korea warned Monday that it will carry out pre-emptive strikes to counter military provocations by South Korea and the United ...

Eid Al Adha holidays announced
The UAE Cabinet chaired by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of ...

Life for assaulting boy at knifepoint
A farm worker has been sentenced to life in prison as he was found guilty of kidnapping and sexually assaulting a boy aged 12, at ...

UAE - Police officer jailed for accepting sex as bribe
A police corporal who escorted an illegal resident to her building where he had sex with her on the emergency stairs instead of arresting ...

UAE - Prostitute accuses man of ripping her clothes off
A prostitute, who had sex with a man for Dh 1,500, has been prosecuted after accusing him of ripping her clothes off, raping her and taking ...

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