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  MENA News Headlines
Jun 4 2012Dubai- DIFCI secures USD1.03b loan ,MENAFN
(MENAFN) DIFC Investments (DIFCI) stated that it has secured a USD1.03 billion loan that will assist the company in repaying its USD1.25 billion Sukuk, reported Emirates 24/7. The investment unit ...

Jun 4 2012Sanctions against Iran hamper trade with UAE ,MENAFN
(MENAFN) UAE's economy minister, Sultan bin Saeed al-Mansouri, stated that trade between his country and Iran is hampered by the Western financial sanctions imposed against the Islamic Republic, ...

Jun 4 2012UAE- CB evaluates proposals to assist indebted Emiratis ,MENAFN
(MENAFN) The UAE's Central Bank announced that in order to alleviate the burden of personal debt on Emiratis, the bank is studying proposals related to the settlement of consumer loans, reported The ...

Jun 4 2012Dubai- Drydocks to focus on energy projects ,MENAFN
(MENAFN) Drydocks World's chairman, Khamis Juma Buamim, stated that the company plans to widen its presence in the energy industry, as soon as it finishes its debt restructuring deal, reported The ...

Jun 4 2012UAE- RAK posts 58.5% surge in Q1 passenger traffic ,MENAFN
(MENAFN) Ras Al Khaimah International Airport's commercial manager, Mohammed Qazi, stated that passenger numbers during 2012's first quarter surged 58.5 percent from 2011, reported The ...

Jun 4 2012Dubai' DED imposes fines on violating retailers ,MENAFN
(MENAFN) Dubai's Department of Economic Development's (DED) CEO of the Commercial Compliance and Consumer Protection Division (CCCP), Omar Bu Shahab, stated that as some retailers breached the ...

Jun 4 2012Lebanese hotel occupancy drops ,MENAFN
(MENAFN) Hotels outside of Beirut have an occupancy percentage close to zero, reported the Daily Star. Despite a drop in hotel occupancy outside of the capital, Beirut has actually seen an ...

Jun 4 2012Yemen to receive USD136m aid from UAE ,MENAFN
(MENAFN) UAE's state news agency WAM stated that the government will donate USD136 million in food aid to Yemen as nearly half of the population did not have sufficient food, reported Arabian ...

Jun 4 2012Oman- Operations at Petroleum Development back to normal ,MENAFN
(MENAFN) Petroleum Development Oman (PDO), the country's largest oil exploration and production firm, stated that operations at the facility are back to normal following a strike by several ...

Jun 4 2012Saudi- GOSI Achieves 99.66% in e-Government Transformation ,Saudi Press Agency
(MENAFN - Saudi Press Agency) The General Organization for Social Insurance (GOSI) achieved 99.66% in the 2011 e-government transformation measurement carried out by the e-Government Program (Yesser) ...

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