Emirates Post issues iconic stamp to commemorate Yahsat's first satellite 'Y1A'
May 23, 2013
The satellite, a milestone for the nation, is designed to provide advanced satellite services to Europe, the Middle East, Africa, Central and South West Asia.
"The launch of Y1A in April 2011 ranks as one of the greatest scientific achievements of the UAE, helping our nation take its place among the leading satellite providers in the region. In addition, the launch saw the UAE forging strong partnerships with the international community, bridging the gap between East and West," said Mr. Ibrahim Bin Karam, Chief Commercial Officer, Emirates Post Group.
"These stamps seek to preserve...
Kuwait's index dips from four-year high; markets mixed
May 23, 2013
Kuwait's rally stalled on Wednesday as investors booked profits in bluechip and mid-cap stocks, while other Middle East markets were mixed in lacklustre trade. Kuwait's index fell 0.3 percent, easing from Tuesday's near four-year high. Telecom operator Zain and National Bank of Kuwait shed 1 and 1.4 percent respectively. Small-caps again dominated trade.
Fouad Abdulrahman Alhadlaq, deputy general manager at Al Dar Asset Management, said companies with weak fundamentals have been the biggest gainers in the market's surge, which is a worry because valuations look stretched. "You have...
EVault Names Brett Flinchum as Vice President of Worldwide Operations
May 22, 2013
EVault, Inc., a Seagate Company (NASDAQ: STX), today announced the appointment of Brett Flinchum as vice president of worldwide operations. Flinchum, a seasoned business leader with more than 15 years of operations experience, will lead EVault’s worldwide operations department, which is responsible for business services, IT operations, technical support, customer and expert services.
“Brett"......
JPMorgan Chase Declares Common Stock Dividend and Reports on Preliminary Vote Results at Annual Meeting of Shareholders
May 22, 2013
The Board of Directors of JPMorgan Chase & Co. (NYSE:JPM) today declared a quarterly dividend of 38 cents per share on the outstanding shares of the corporation's common stock, an increase from the prior quarterly dividend of 30 cents per share. The dividend is payable on July 31, 2013, to stockholders of record at the close of business on July 5, 2013.
At the annual"...
Alison Kay appointed to lead Global Power & Utilities at Ernst & Young
May 22, 2013
Ernst & Young has announced the appointment of Alison Kay as the new Global Sector Leader for Power & Utilities, effective as of 1 July 2013. Alison will lead a global team of 3,600 professionals with extensive technical experience in providing assurance, tax, transaction and advisory services to the power and utilities sector.
Alison joined Ernst & Young in"...
Intelligent Energy and Etisalat Announce Energy Device Collaboration
May 22, 2013
Intelligent Energy, the global power technology company, today announced a collaboration with world-leading telecommunications company, Etisalat Nigeria, starting immediately. The companies will work together to test personal energy devices powered by Intelligent Energy’s proven fuel cell technology,"...
TECOM Investments Announces New Structure to Capitalise on Region’s Growth Opportunity
May 21, 2013
TECOM Investments, a wholly-owned subsidiary of Dubai Holding, has today announced a new operational structure, which will allow the company to further focus on its core business of developing and operating business parks.
The implementation of a new structure comes at a time when the region’s macroeconomic fundamentals are increasingly positive, offering an opportunity"...
“House of Häagen-Dazs” introduced in Dubai
May 21, 2013
Gourmet ice cream brand Häagen-Dazs, invited guests to step into their new world of luxury, style and taste at an exclusive cocktail reception for VIP guests and press. Dubai is the first market to establish the “House of Häagen-Dazs” and to convey its philosophy of iconic luxury, experience and superior craftsmanship much in the way a fashion house would do.
“Where"...
Lundbeck: Depressive Symptoms Are Frequent During Manic Episodes of Bipolar I Disorder
May 21, 2013
For media outside China, Japan, UK, USA only. Lundbeck today presented results at the American Psychiatric Association (APA) Congress from post hoc analyses in bipolar I disorder patients, which confirm that depressive symptoms are frequent during manic episodes.1
The post-hoc analyses also evaluated"...
Media Teleconference: The Importance of International Standards in Managing Defaults in Islamic Finance
May 21, 2013
Please join Dr. Robert Shapiro for a teleconference as he releases a new report on the failure of two Saudi Arabian conglomerates, the Saad Group and the Algosaibi Group, and the management of their debt defaults and restructurings. Dr. Shapiro will assess a number of questions raised about the Saudi Government’s handling of the restructuring process and the impact on Islamic finance and the Saudi business climate. WHO: "...
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