MENAFN Summary- Daily Business News

Google stops censoring China-based search services The company effectively shuts down its Chinese engine in a dramatic move that could imperil Googles presence ... Dubai- Damas EGM soon as board quits Damas International Limited said it had received the resignations of the members of the board of directors in line ... Remittances from UAE beats global financial crisis, grow 15% in 2009 Remittances sent home by expatriates from the UAE recorded around 15 per cent growth in 2009 despite the global ... UN: Refugees make up 1/4 of Amman population One in every four Amman residents is a refugee, a recently released UN report said, and the capital is at the ... Student-loan program may get overhaul, too Along with the historic overhaul of the nations health-care system may come a sweeping change to our student-loan ... Two major barriers to your retirement plans When it comes to retirement, there are lots of things to consider: tax rates, earthquakes, and drug interactions to ... Five countries Limbaugh should consider A world of possibilities awaits Rush Limbaugh, and others, fleeing Obamacare. Abu Dhabi- Mubadala's assets up 75% Mubadala Development Company, the investment arm of Abu Dhabi, recorded a 75 per cent growth in its assets ... Dubai- Drake and Scull secures Dh1b projects in Q1 A subsidiary of Dubai-listed Drake and Scull International, or DSI, has won the entire utilities development ... Dubai rents seen to surge on spillover from other Emirates The rental market has reached equilibrium in Dubai with signs of stabilisation and recovery seen in the property ... Jordan- Teachers to continue strike despite official threats Teachers in southern governorates said Sunday that they would continue their strike for a seventh day Monday, ... Dubai passenger traffic soars 23% in February Passenger and cargo traffic at the Dubai International Airport posted double-digit growth in February, affirming the ... WB official: Jordan should carry out public sector reforms Finance Minister Mohammad Abu Hammour on Sunday met with Shamshad Akhtar, the World Bank's vice president for the ... Oman- Come April 2, no more smoking in public places Come April 2, people caught smoking in no-smoking zones will have to shell out between RO100 and RO300 as Muscat ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Dubai- Damas founders fined, banned The Dubai Financial Services Authority on Sunday imposed fines on three founders of Damas International ... House approves landmark reform bill House approves landmark reform billWASHINGTON, Mar 21, 2010 -- The U.S. House Sunday voted 219-212 to adopt the Senate ... Saudia signs privatization agreements Saudi Arabian Airlines signed five landmark agreements Sunday to privatize its core aviation unit, establish a new ... 1.7% increase in GCC unemployment rate expected this year Government led initiatives are the key to encourage entrepreneurship and provide small-scale investment opportunities for ... Abu Dhabi Airport passenger traffic records 17% growth Abu Dhabi International Airport, or ADIA, posted a 17.2 per cent increase in passenger traffic in February ... GM sues replica Corvette maker GM sues replica Corvette makerDETROIT, Mar 21, 2010 -- General Motors is suing a small Ohio company for building replica ... Apple hustles to secure iPad content Apple hustles to secure iPad contentCUPERTINO, Calif., Mar 20, 2010 -- Apple Inc. is racing to secure media content for ... UAE- Wall Street Exchange partners with Ezetop Wall Street Exchange Center, a subsidiary of Emirates Post holding Group, has introduced a mobile phone top-up ... Saudi Arabia- Bank mistake leaves man traumatized A man in his 40s could not believe his luck when he found over SR1 million in his bank account even though he was sure ... How to spot and profit from market's direction Phil Storer, long-time stock and commodity trader, says it's wise to stick with the prevailing trend when entering a market, ... Sarhan: Cancer cases on the rise in Jordan Cancer cases in the Kingdom are on the rise and are expected to reach more than 19,000 annually by 2050, an expert ... Jordan sends Israeli soldier back after crossing border Jordan on Saturday returned an Israeli soldier who crossed the border near the Sheikh Hussein Bridge in the Jordan ... UAE boat to population ratio at low of 1 to 700 Boating industry sees 30% dip in sales; UAE well positioned to become boating destination Through the financial crisis ... Arab-American journalists launch simultaneous radio broadcast It is not unusual for two Arab Americans to spend an hour talking freely about current political issues, but veteran ... Web censorship expanding in some countries Web censorship expanding in some countriesPALO ALTO, Calif., Mar 21, 2010 -- Censorship in China, Iran and Saudi Arabia ... Facebook swamps its rivals Facebook swamps its rivalsMar 21, 2010 -- The dominance of Facebook on the internet is ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Dubai's pearl trade rises as imports up 30% The Dubai Pearl Exchange, or DPE, announced on Saturday that a total of Dh99.6 million worth of pearls was ... BA: UAE flights on schedule British Airways flights to Dubai were to arrive and take off on Saturday night and during the weekend as ... Monorail in Makkah to be ready by next year The Makkah Monorail project is expected to become fully operational before the commencement of Haj next year, while 35 ... Fed needs small bank oversight: Bernanke Without supervision of all banks, Fed would get distorted view, he says Saudi Aramco named energy company of the year Saudi Aramco has been named Energy Company of the Year for its commitment to a cleaner environment, its investment in ... India to attract more Saudi students India expects a "substantial increase" in the number of students from Saudi Arabia with its latest move to allow ... UAE- Worker's plea to cancel work ban rejected People are treated on par under the UAE laws, irrespective of their faith, race and colour, a senior official of ... Qatar- Post-dated cheques to lose legal cover soon Post-dated cheques will lose legal protection from May 13 but some lawyers hope that the enforcement of the law ... British P.M.: A Web page for every citizen British P.M.: A Web page for every citizenLONDON, Mar 20, 2010 -- Prime Minister Gordon Brown plans to give every British ... Judge rejects settlement of 9/11 claims Judge rejects settlement of 9/11 claimsNEW YORK, Mar 20, 2010 -- A federal judge has refused to accept a $575 million ... Scientists create tiny invisibility cloak Scientists create tiny invisibility cloakLONDON, Mar 19, 2010 -- Researchers in Britain and Germany say theyve created a ... Makkah- Patient jumps out third-floor hospital window A man believed to be mentally ill was seriously injured on Saturday after falling from the third floor window of a ... UAE to lead raised-floor industry Floor System Company, a Sharjah-based manufacturer of raised-floor products, aims to be a world leader in the ... UAE- Du launches Business Super BlackBerry plan Emirates Integrated Telecommunications Company has announced the launch of its new Business Super BlackBerry plan, ... AfDB lends $225m to Egypt oil refiner The African Development Bank, or AfDB, has lent $225 million to the Egyptian Refining Company, or ERC, the bank ... Alico rules out ME layoffs American Life Insurance Company on Saturday ruled out layoffs or other "rightsizing moves" in the Middle ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Bahrain arrests minister for money laundering Bahraini authorities detained Thursday a government minister on charges of carrying out money laundering activities at ... Sandstorm disrupts life in Riyadh A number of incoming flights to Riyadh were diverted to Dammam as a result of a major sandstorm that hit the Central ... Saudi official: No change in family visa rules Government officials have denied recent reports that there have been changes in visa rules for the dependants of ... National Bank of Abu Dhabi launches U.S. $750m fixed-rate notes The National Bank of Abu Dhabi successfully launched a USD five-year transaction under its US$5 billion ... UAE moves to improve process for tourist visa Tourists or visitors who require a UAE-based sponsor to enter the country might be looking at an easier visa ... India's super-rich growing wealthier The number of super rich people in India have doubled last year owing to its robust economy. The nation that is ... Greece presents new tax law Greece introduced a new draconian tax law today as part of a drive to tame a budget crisis that has ... Hungarian PM to save his 6-cent salary Hungarian PM to save his 6-cent salaryBUDAPEST, Hungary, Mar 19, 2010 -- Gordon Bajnai, Hungarys outgoing interim prime ... Surprise tax bills for millions of Americans More than 15 million people will get an unexpected tax bill this year or next thanks to the Making Work Pay credit, ... The best way to get a new job fast The new federal jobs bill may provide the beest way for you to get a new job fast. But there are specific rules for ... German official suggests spying on speculators Germany has ratcheted up the debate on the role of speculation in the markets, with a top official suggesting the ... Madoff assaulted behind bars, sources say Madoff assaulted behind bars, sources sayBUTNER, N.C., Mar 18, 2010 -- Convicted Ponzi scheme operator Bernard Madoff was ... Saudi Arabia- Traffic courts to be established Traffic courts headed by judges from the Ministry of Justice are soon to be established in the Kingdom Director ... Study: Female monkeys cheat more than males Squatting on streets, grabbing children, rummaging through garbage cans and wreaking havoc on farms and even military ... StanChart: Dubai fundamentals doing well The world's one of the largest financial institution, Standard Chartered PLC which has a $10 billion wholesale and ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Saudi real estate yields 8% per annum since 2007 Dubai-based Cityscape Intelligence launched new market data which compares real estate sales and leasing prices in ... UAE has 52,566 hotel rooms in active pipeline Driven by Dubai's vibrant hospitality industry, the UAE recorded the largest number of new hotel rooms under way ... Toyota's legal, safety challenges widen Shares of Toyota edge lower in Tokyo, pressured by reports of racketeering claims against the auto maker and a ... Jordan ministers agree to 20% salary deduction The Council of Ministers on Tuesday agreed voluntarily to a 20 per cent deduction from their monthly salaries as ... Fed didn't know about Lehman accounting: Bernanke Fed chief says the central bank didnt know about Lehman Brothers use of controversial transactions that moved ... UAE President issues decree to restructure ADIA board President His Highness Shaikh Khalifa bin Zayed Al Nahyan has issued Decree No 2 of 2010 restructuring the board ... Final phase of Dubai Investments Park launched Dubai Investments Park, or DIP, a wholly owned subsidiary of Dubai Investments PJSC, has announced the launch of ... Jordan- Military, security staff exempted from new SSC Law The government on Wednesday said military and security personnel are excluded from the provisions of the new Social ... KSA: E&Y Crisis communication The Saudi Capital Market's Authority has announced yesterday that it has revoked the Securities Business License of ... GCC corporate earnings fall by 5% in 2009 Aggregate earnings of GCC companies showed a second consecutive year of declines says the new report from Kuwait Financial ... One third of adults in UAE suffer from allergic rhinitis Study from Al Ain's UAE University Suggests High Prevalence of Disease May Be Due to Increase in Green Landscaping ... Hamili: UAE is committed to Opec production quota The UAE will be fully committed to its Opec production quota, UAE Minister of Energy Mohammed bin Dhaen Al Hamili ... Jordan- Teachers continue protests against minister's humiliating remarks Hundreds of teachers in various parts of the Kingdom staged sit-ins on Wednesday calling on Minister of Education ... Government tells woman she's dead Government tells woman shes deadGARDEN OF EDEN, Nova Scotia, Mar 17, 2010 -- A Nova Scotia woman had to inform the ... Oldest temple in the world found in Turkey Oldest temple in the world found in TurkeyANKARA, Turkey, Mar 17, 2010 -- Archaeologists say a temple being excavated in ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Fed stands pat on rates, wording The Federal Reserve keeps its benchmark interest rate at a record low level and makes no changes to the key ... UAE minister: Oil at $70-$80 acceptable, reasonable UAE Minister of Energy Mohammad bin Dhaen Al Hamili has said that the current level of oil prices � which are in ... Jeddah- New desalination plant to be ready by October A new desalination plant in the South Corniche area of Jeddah is in the final phase of construction. Work relating to ... Ernst & Young report brings to light TIBC irregularities Ernst & Young's investigation into the TIBC bank reveals an establishment that was out of control. It is the report ... Bayt.com: Higher education crucial for career advancement More than two thirds of the region's professionals, 67%, believe that pursuing a higher education programme is crucial for ... Kido attacked fifth of Jordan's computers A total of 17 per cent of Jordan's computers were infiltrated by a variant of the notorious Kido malware, according to the ... Blockbuster may file for bankruptcy Blockbuster says in a regulatory filing that it will likely file for bankruptcy if it is unable to address its debt ... Pepsi: No more sugar drinks in schools Pepsi: No more sugar drinks in schoolsPURCHASE, N.Y., Mar 16, 2010 -- Expanding its U.S. policy, PepsiCo says it will ... Honda recalls 412,000 vehicles Honda recalls 412,000 vehiclesTORRANCE, Calif., Mar 16, 2010 -- Honda Motors Co. Inc. issued a recall of 412,000 U.S. ... Today's teens similar to teens in the '70s Todays teens similar to teens in the 70sEAST LANSING, Mich., Mar 16, 2010 -- Todays teens are no more egotistical and are ... Facebook to set up centre in Hyderabad Facebook to set up centre in HyderabadMar 16, 2010 -- HYDERABAD, ... Penn beats Princeton in billionaires Penn beats Princeton in billionairesMar 16, 2010 -- About ... UAE- Magician predicts today's headlines Exchanging currencies or transferring money were not the main action at the UAE Exchange's Al Qusais branch on ... Saudi Arabia- Naif calls Al-Qaeda Khawarij Second Deputy Premier and Minister of Interior Prince Naif condemned Al-Qaeda militants on Tuesday for killing ... Qatari women more career-minded Qatari women are more career-oriented than their male counterparts, a survey conducted among the participants of ... Qatar to curb e-trade of flora and fauna Qatar is set to enhance its monitoring of online trade of flora and fauna, at the wake of increased illegal world ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.

MENAFN Summary- Daily Business News

Al Suwaidi: Dubai unlikely to need more financial aid Dubai, which is seeking to restructure a $22 billion debt owed by state-owned conglomerate Dubai World, is not ... S&P: Arab Bank long-term rating cut to BBB- on sovereign downgrade Standard & Poor's Ratings Services said today that it lowered the long-term counterparty credit rating on Arab Bank PLC First UAE rail contract by year-end State-owned Union Railway Company is planning to award the nation's first railway construction contract by the end ... Saudi Arabia- E&Y licence revoked The Saudi Capital Market's Authority, or CMA has revoked the Securities Business License of Ernst & Young ... LG's world's first transparent phone arrives in Qatar The LG GD900 Crystal is a trendsetting touchscreen phone based on the motif of transparency. The Crystal Touchpad, ... Iraqi leader denies assassination attempt Iraqi leader denies assassination attemptBAGHDAD, Mar 15, 2010 -- Prime Minister Nouri al-Maliki appeared on television ... National Bank of Abu Dhabi to issue up to $1b bond Shareholders of National Bank of Abu Dhabi have approved the payment of 10 per cent dividend for the year ... Decree issued to regulate Dubai's industrial, commercial lands His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of ... Lehman and affiliates file bankruptcy plan The bankrupt brokerage files a plan to repay creditors of the failed firm. Study: Huge potential for GCC's insurance sector According to a research conducted by Value Partners, a leading global management consulting firm, insurance ... Qatar Holding signs MoU with VW, Porsche Qatar Holding LLC has signed a Memorandum of Understanding which sets out the foundation for a series ... Dubai International Film Festival to be held in December The seventh edition of the Dubai International Film Festival, the definitive film festival of the Arab world, Asia and ... Carlos Slim cashes in on the Times Carlos Slim Helu took the New York Times to the cleaners, writes Brett Arends. How to invest in fed funds futures The avenues for investors to make bets on the direction of the Federal Reserves interest rates are increasing as ... Russia claims Arctic undersea territory Russia claims Arctic undersea territoryMOSCOW, Mar 15, 2010 -- Prime Minister Vladimir Putin has repeated Russias claims ... Tiny apartment worth up to $273,000 Tiny apartment worth up to $273,000LONDON, Mar 15, 2010 -- The owner of Britains smallest apartment, measuring 11 feet by ... UAE on right course to become world logistics leader Former Chancellor of the Federal Republic of Germany has said that the UAE has set the right course for Global ... Qatar- Amendment firms up merger norms Qatar yesterday amended some key provisions of the Commercial Companies Law to regulate ...       If you like this newsletter, help us fix your information: click here To unsubscribe click here, for help or feedback send to Admin Is this email going to your junk/bulk folder? Add noreply@menafn.com to your address book and *@menafn.com  to your safe list.   Articles in this newsletter are different than the ones in MENAFN's Arabic Daily Newsletter.