Mena News

 

  Euro-zone confidence falls in Septemper, inflation expectations rise
Sep , 30 , 2012  
  Euro-zone economic sentiment index for the 17 countries sharing the Euro fell to 85 points this month from 86.1 in August. Economists polled by Reuters had expected a flat reading. Separately the European Commission's business climate indicator for the Euro area, which points to the phase of the economic cycle, fell to -1.34 points in September from -1.18 in August, against market expectations of -1.19 points.
 

Read More

  German joblessness rises for sixth month running
Sep , 30 , 2012  
  German joblessness rose for the sixth month running in September, gaining 9,000 in seasonally adjusted terms but remaining close to a post-reunification low, the Labor Office said. The data showed the number of people out of a job rose to 2.911mn in September from 2.902mn in August. The consensus forecast in a Reuters poll of 32 economists was for unemployment to rise by 10,000. The unemployment rate held steady at 6.8 percent.
 

Read More

  U.S. durable goods drop worst since recession
Sep , 30 , 2012  
  New orders for long-lasting U.S. manufactured goods in August fell by 13.2 percent, the largest drop since January 2009, when the economy was in the throes of a recession. Orders for July were revised down to show a 3.3 percent increase instead of the previously reported 4.1 percent gain. Economists polled by Reuters had expected orders for durable goods -- items from toasters to aircraft that are meant to last at least three years -- to fall 5 percent.
 

Read More

  Qatar Q2 real GDP rises 5 percent on an annual basis
Sep , 30 , 2012  
  Qatar's second-quarter real gross domestic product (GDP) grew by 5.0 percent over the same period in 2011 and by 2.5 percent over the first quarter of 2012, the country's statistics authority said in a press release, citing preliminary data. Nominal second-quarter GDP grew by 11.9 percent on the year, but dipped 1.1 percent on the quarter, Qatar Statistics Authority said.
 

Read More

  Dubai's Emaar sells hotel to Abu Dhabi firm
Sep , 30 , 2012  
  Dubai's Emaar Properties, the builder of the world's tallest tower, has sold one of its hotel assets to an Abu Dhabi-based real estate firm for an undisclosed amount. Eshraq Properties said in a statement that it has acquired Nuran Marina, a serviced hotel apartment owned by Emaar and located in the up-market Dubai Marina area.
 

Read More

  Abu Dhabi Jan-Aug airport growth outpaces Dubai
Sep , 30 , 2012  
  Abu Dhabi International Airport saw strong growth in passenger and cargo traffic in the first eight months of 2012, outpacing Dubai's competing airport, according to figures released by the Abu Dhabi airport authority. The number of passengers passing through Abu Dhabi between January and August jumped 21.5 percent from a year earlier to 9.68mn, while cargo traffic increased 17.3 percent to 364,905 tonnes.
 

Read More

  Zain Saudi extends USD2.6bn loan maturity for second time
Sep , 30 , 2012  
  Indebted telecom operator Zain Saudi has for a second time extended the maturity of a SAR9.75bn (USD2.6bn) loan by two months, it said in a bourse statement. "The firm announces that on September 26 it has received approval from lenders to extend the maturity date for the joint Murabaha by two additional months, changing the maturity date to November 28," the statement said. The firm said it had already paid back part of the loan, SAR750mn, on August 27 and is in the process of finalizing a long-term finance agreement to replace its current loan.
 

Read More

  Saudi Aug M3 money supply growth accelerates to 9.7 percent
Sep , 30 , 2012  
  Saudi Arabia's M3 money supply growth accelerated to 9.7 percent YoY at the end of August after a 9.5 percent rise in the previous month, central bank data showed. The increase in bank lending to the private sector accelerated to 14.0 percent in August from 13.6 percent in the previous month. The central bank's net foreign assets reached a record high of SAR2.27tn (USD605bn) in August, the data also showed.
 

Read More

  Kuwait Agility unit says UPAC holders of 26.6 percent stake accept buy offer
Sep , 30 , 2012  
  Kuwait's PWC Aviation Services said that the shareholders in the local United Projects for Aviation Services Co., or UPAC, who have accepted its mandatory offer to buy their shares in UPAC, have a combined stake of 26.59 percent. PWC Aviation Services, a unit of logistics provider Agility, said in a statement posted on the Kuwait bourse website that these shareholders' combined stake in UPACU consists of nearly 21.94mn shares.
 

Read More

  U.S. oil stocks fall on large drop in imports
Sep , 27 , 2012  
  The Energy Information Administration (EIA) said that U.S. crude oil and refined product stockpiles fell unexpectedly last week as crude imports plunged. Domestic stocks of crude fell by 2.45mn barrels to 365.18mn barrels. Analysts polled by Reuters had forecast a stock increase of 900,000 barrels. U.S. imports of crude dropped by 2.25mn barrels per day (bpd) from the previous week, to 7.55mn bpd. U.S. gasoline inventories fell by 481,000 barrels to 195.83mn barrels. Analysts in a Reuters poll had expected an increase of 200,000 barrels. U.S. distillate stocks, which include diesel and heating oil, fell by 482,000 barrels to 127.75mn barrels, compared with analysts' average forecast for an increase of 800,000 barrels.
 

Read More

[First Page] [Prev] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 [Next] [Last Page]

  
New Page 1
Privacy Statement

Copyright 2012 LOTUS All Rights Reserved
Developed By Superlink