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.