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Market Watch - MENA Telecom
Name	Current*	Chg. %
Emirates Telecommunication Corporation	9.49	0
Jordan Telecom	5.58	0.54
Jordan Telecom	5.58	0.54
Jordan Telecom	5.58	0.54
Qatar Telecom (Bahrain)	61.36	0

* Stocks are priced in currency of origin.

Motorola sues TiVo for using patented technology

(MENAFN) Motorola Mobility Inc. reported suing TiVo Inc., claiming that TiVo used a Motorola patented technology in its digital video recorder set-top boxes, reported Saudi Press Agency...

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	Feb 04 2012	UAE's DP World to run Port of Nanaimo, MENAFN
		(MENAFN) DP World, Americas' Senior Vice-President and Managing Director, Matthew Leech, said that the company's Vancouver unit would operate the Port of Nanaimo's facilities that include the general ...
	Feb 04 2012	Gulf Petrochem to set new storage facility worth USD136.4m, MENAFN
		(MENAFN) Gulf Petrochem Group's Chief Executive, Sanjeev Sisaudia, said that recently, the company inked an investment contract with Fujairah Petroleum Company (FPC), a subsidiary of the Government of ...
	Feb 04 2012	Kuwait- Police hunt 4 men for assaulting citizen after damaging his car, Arab Times
		(MENAFN - Arab Times) Police are looking for four unidentified men who damaged the car of a Kuwaiti man and beat him up when he confronted them, reports Al-Rai daily. The Kuwaiti, in his complaint, ...
	Feb 04 2012	Kuwait- Construction material worth KD 800 stolen, Arab Times
		(MENAFN - Arab Times) Loss worth KD 800: A Kuwaiti man has filed a complaint with the Saad Al-Abdullah City Police Station accusing unidentified persons of stealing construction material worth KD 800. ...
	Feb 04 2012	Kuwait- Man wanted in KD 11,000 fraud case, held with heroin sachets, Arab Times
		(MENAFN - Arab Times) The Farwaniya police have arrested an unidentified Kuwaiti man who had been sentenced in absentia and handed him over to the concerned authorities. The security sources said t ...
	Feb 04 2012	Kuwait- 'Policeman forced me to dress like woman to fulfill his urges', Arab Times
		(MENAFN - Arab Times) A 20-year-old youth Adel, who claims to have been wrongly accused of cross-dressing, narrated his woes to Al-Rai daily. Adel, who recently came out of prison after serving a s ...
	Feb 04 2012	Kuwait- Fight corruption, next govt urged - 'Work for nation's development', Arab Times
		(MENAFN - Arab Times) Mohammed Hayef Al-Mutairi who won the seat in the National Assembly from the Fourth Constituency has called on the next government to get prepared to fight corruption and end pol ...
	Feb 04 2012	UAE- Driver jailed for raping woman at workplace, Khaleej Times
		(MENAFN - Khaleej Times) A Pakistani driver aged 43, was sentenced to five years in prison by the Court of First Instance recently for raping a woman at their workplace. The court, presided over by ...
	Feb 04 2012	UAE- 55 types of cancer found among Arabs, Khaleej Times
		(MENAFN - Khaleej Times) At least 55 types of cancer have been documented in the Arab population in the region, according to a preliminary survey done by the Centre for Arab Genomic Studies. A rece ...
	Feb 04 2012	UAE- Joyalukkas opens three money exchange centres, Khaleej Times
		(MENAFN - Khaleej Times) Joyalukkas Money Exchange inaugurated three of its Money Exchange Centres in Abu Dhabi and Dubai on January 26. Padmashri Jayaram, the new Joyalukkas Money Exchange brand ...
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	Feb 04 2012	Car sales to go up 6.7% this year, MENAFN
		(MENAFN) R.L. Polk & Co., the Southfield, Michigan-based research firm, said that in 2012, global car sales would be expected to grow 6.7 percent to 77.7 million cars and light trucks, reported Gulf N ...
	Feb 04 2012	Iran- Electricity exports up 23.75% in 3 quarters, MENAFN
		The Iranian Energy Ministry said that during the past 9 months, the country's exports of electricity surged 23.75 percent from the same period a year earlier to exceed 6,000 gigawatt hours (GWh), repo ...
	Feb 04 2012	IMF slashes 2012 economic growth forecast, warns of deeper downturn, Arab Times
		(MENAFN - Arab Times) On 24 January 2012, the IMF cut its forecasts for global growth and warned of a deeper downturn worldwide if Europe does not take stronger action to stem its debt crisis. Th ...
	Feb 04 2012	UK gas curve signals US LNG imports, Saudi Press Agency
		(MENAFN - Saudi Press Agency) -- Forecasts that cheap gas from the United States will one day reshape the global natural gas market are increasingly commonplace, Reuters reported. Now the first har ...
	Feb 04 2012	US unemployment rate falls to 8.3%, Saudi Press Agency
		(MENAFN - Saudi Press Agency) The US unemployment rate dropped to 8.3 percent in January, the Labour Department said Friday, reaching a near three-year low in an unexpected boost to the economy and to ...
	Feb 04 2012	Canada's unemployment rate hits 9-month high, MENAFN
		(MENAFN) Canada's jobless rate rose to 7.6 percent in January from 7.5 percent in December, over a weak job creation, Bloomberg reported. Statistics Canada said this was the highest level in nine m ...
	Feb 04 2012	Japan's lower house approves a 4th supplementary budget, MENAFN
		(MENAFN) Japan's Parliament gave the green light for a supplementary budget of USD32.9 billion for the fiscal year ending March 31, Associated Press reported. This is the fourth budget expansion to ...
	Feb 03 2012	Panasonic posts USD2.59b net loss for Dec quarter, MENAFN
		(MENAFN) Panasonic Corp said that due to weak demand and fierce competition, the firm posted a net loss of USD 2.59 billion for the October-December period, reported Reuters. The company added that ...
	Feb 03 2012	Denmark's TDC Q4 profits rise 1.8%, MENAFN
		(MENAFN) Danish telecom group TDC said that fourth-quarter profits rose 1.8 percent, reported Reuters. The company added that in the October-December period, EBITDA (earnings before interest, tax, ...
	Feb 03 2012	NY Times' Q4 income down to USD58.9m, MENAFN
		(MENAFN) The New York Times Co said that net income in the fourth quarter dropped to USD58.9 million, compared with USD67.1 million recorded a year earlier, reported Arab News. The company added th ...
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