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Saturday, November 2, 2013

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

In US, budget crises flare but deficits shrink
It is an American paradox: The US public deficit shrank this year at the fastest pace in nearly half a century, driven more by budget crises than ...

Instagram starts showing ads
Instagram began displaying ads, as Facebook moved to start making money from the smartphone photo sharing service it bought in a billion-dollar deal ...

Hellenic bank in troubled Cyprus recapitalises
Hellenic Bank, the second-largest lender in recession-hit Cyprus, said Friday it has overshot its 294 million euro recapitalisation ...

Kuwait set to chalk budget surplus for 13th year in row
A report issued by "KFH-Research", a subsidiary of Kuwait Finance House KFH, stated that the budget surplus of the fiscal year 2013\2014 ...

Kuwait makes fruitful promotion of products in Iraq
> Kuwait took part in Project Iraq 2013, the 6th International Trade Exhibition for Construction and Environmental Technology, ...

S. Korean Finance Minister Opposes Increasing Salaries to Boost Economy
South Korea's finance minister Hyun Oh-seok on Friday voiced his opposition to the idea that increasing the salaries of workers could ...

Greece fest caps 20-year promotion of Balkan cinema
When Naomi Watts was a struggling actress, she never would have imagined that one day she would play Princess Diana, one of the most famous ...

China''s manufacturing activity grows to 18-month high
> China's manufacturing activity expanded in October, two separate business surveys showed Friday, adding to fresh signs that the ...

Obama, Maliki discuss Al-Qaeda, Syria, Iran, regional relations
> President Barack Obama and Iraqi Prime Minister Nouri Al-Maliki said they spent much of their meeting on Friday discussing how ...

Breakthrough in hunt for HIV vaccine
US scientists seeking to unravel the mysteries of HIV have made an important breakthrough after capturing the clearest image yet of a protein which ...

Suspense writer Michael Palmer dies at age 71
Thursday marks the 20th anniversary of River Phoenix's death of a drug overdose - a grim day for Hollywood. In his new memoir "Running With ...

Five treated after rabid kitten found in France
Five people were given preventive treatment for rabies after coming into contact with a kitten that died of a disease which is potentially deadly to ...

Pedro Lourenco the fashion talent out of Brazil
Barely four years after he first appeared at the Paris fashion show, then aged just 19, Brazilian designer Pedro Lourenco has made a name for himself ...

Kuwait- Police arrest man involved in camp thefts
A case of theft has been filed against an employee working for a pharmacy in Salmiya, reports Alam Alyawm daily. According to the complainant ...

Kuwait: 25 people arrested in sudden security sweep
Some 25 individuals were apprehended for various criminal and civil offenses in a sudden security campaign conducted under the guidance of ...

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