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  July 04, 2009
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Top News

MENA Other Countries
03-07-2009
07:05
  Kuwait approves USD 13.8bn state budget deficit.
Kuwait's parliament approved the FY 2009/10 state budget which projects a sharp drop in revenues and spending due to lower oil...
MENA Other Countries
03-07-2009
07:05
  Egypt's Orascom Telecom launches mobile banking operation in Pakistan.
Egypt's Orascom Telecom (OT) launched a mobile banking operation through its Pakistani subsidiary Mobilink, widening access to...
MENA Other Countries
03-07-2009
07:05
  Gas company Linde wins USD 1.1bn contract in Abu Dhabi.
The international provider of plastics solutions provider Borouge, awarded a USD 1.1bn contract to gases and engineering company...
MENA Other Countries
03-07-2009
07:05
  Mobile subscribers in Egypt rise by 1mn in April.
The number of mobile subscribers in Egypt rose by 1mn to 45.5mn at the end of April compared with end-March, the state-run Egyptian...
MENA Other Countries
03-07-2009
07:05
  Capital Intelligence upgrades Lebanon's credit ratings.
The international credit rating agency Capital Intelligence raised Lebanon 's long-term foreign and local currency ratings to...
Serbia
03-07-2009
07:01
  IMF says it’s too early to discuss higher budget deficit.
The International Monetary Fund’s (IMF) Deputy Managing Director Murilo Portugal said that it’s too early to say whether Serbia...
Serbia
03-07-2009
07:01
  One Universiade participant infected with H1N1 flu.
An Australian sportsman that has come to Belgrade to take part in 25th Summer Universiade in Belgrade has been inflected with...
Serbia
03-07-2009
07:01
   JAT Airways appoints new director.
Srdjan Radovanovic has been appointed as new GM of national flag carrier JAT Airways, Beta news agency has reported. Radovanovic...
Serbia
03-07-2009
07:01
  Minister: No conditions for Kosovo Serbs’ participation in local elections.
The government believes that there are no conditions for Kosovo Serbs to participate in the province’s local elections scheduled...
Serbia
03-07-2009
07:01
   Ernst & Young might be appointed as new auditor for oil company NIS.
Ernst & Young might be appointed by the Serbian government as the new auditor for oil monopoly NIS , Politika reported, citing...
Bulgaria
03-07-2009
07:00
  Russia reportedly invites Turkey to support South Stream gas project.
Russia has reportedly invited Turkey to cooperate in the South Stream project envisaging the construction of a pipeline for transit...
Bulgaria
03-07-2009
07:00
  New Bulgarian Media Group asks antitrust approval to acquire newspaper.
The local New Bulgarian Media Group Holding (NBMGH) has asked the state antitrust commission to allow the acquisition of the ...
Bulgaria
03-07-2009
07:00
  Internet payments through ePay.bg rise 3.2% q/q in Q2.
The local website specialised in internet payments ePay.bg reports a 3.2% increase in the number of payments to more than 738...
Bulgaria
03-07-2009
07:00
  General budget posts EUR 61.4mn deficit in May.
The general budget posted a deficit in the tune of BGN 120mn (EUR 61.4mn) in May, according to the budget monthly report of the...
Bulgaria
03-07-2009
07:00
   Fiscal reserve declines 0.2% in May.
The fiscal reserve of the government decreased by 0.2% m/m to EUR 4.24bn at the end of May, according to data of the finance ...
Romania
03-07-2009
06:55
  Central bank governor criticizes incorrect interpretation of default risk.
Central bank governor Mugur Isarescu criticised the incorrect interpretation of a Royal Bank of Scotland (RBS) report in renowned...
Romania
03-07-2009
06:55
  Cement consumption to shrink 30% y/y in 2009.
Cement consumption will shrink by 30% y/y in 2009, to reach its level three years back, according to projections of producers...
Romania
03-07-2009
06:55
  Industrial price inflation decelerates to 1.4% y/y in May.
The industrial production price index, including export prices increased by 1.4% y/y in May, moderating from 2.5% y/y one month...
Romania
03-07-2009
06:55
  CEZ borrows EUR 262mn for wind farm project.
The Czech power group CEZ, operating local electricity distribution firms in Romania , was granted a EUR 262mn loan to finance...
Romania
03-07-2009
06:55
  Swiss Alpiq Holding takes over local energy supplier EHOL Distribution.
Energy services provider Aare-Tessin Ltd. for Electricity, a company of Swiss Alpiq Holding, took over local private energy supplier...
 
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