Archive for the Category ‘Finance’

Spinoff Research & Unique Calendar of Global Spinoffs, $99, TSR Lite

Spinoff Research & Unique Calendar of Global Spinoffs, $99, TSR Lite

For Nimble Investors Seeking to Accurately Capture Spinoffs. The Spinoff ReportTM (TSR) Launches: TSR Lite LONDON & NEW YORK, Wednesday, August 11th 2010 [ME NewsWire]: (BUSINESS WIRE)– As the #1 pure specialists on Global Corporate Spinoff Research for leading institutional hedge & mutual funds; answering significant demand, Wednesday August 11th, 2010 sees the launch of [...]

SCOPI Celebrates Graduation of the First Batch of its “Balanced Scorecard” Program

SCOPI Celebrates Graduation of the First Batch of its “Balanced Scorecard” Program

31/7/2010 Amman – Strategic Center for Organizational Performance Improvement (SCOPI) announced the graduation of the first batch of its “Principles & Applications of Balanced Scorecard” Program. Directed by SCOPI’s Chief Business Excellence Officer, Milad Farajallah, the program aimed to equip the participants with up to date practical knowledge and experience enabling them to implement the [...]

RSH Operating Income Up by 22% in Q2 2010

RSH Operating Income Up by 22% in Q2 2010

Riyadh, Kingdom of Saudi Arabia, 24 July, 2010: Red Sea Housing Services (RSH) (Tadawul: 4230), a world’s leading provider of remote site housing solutions, has announced the company’s financial results for the second quarter of 2010. The Saudi-based RSH has recorded a 22.89% rise in its operating income during Q2 this year, compared to the [...]

adol Sales Increased by 91.6% in Q1 2010 Compared to 2009

adol Sales Increased by 91.6% in Q1 2010 Compared to 2009

Julphar’s total sales of products increased by 22.5% during the same period Ras Al Khaimah, July 11, 2010: Gulf Pharmaceutical Industries (Julphar), one of the largest pharmaceutical manufacturing companies in the UAE, has recorded a 91.6% rise in sales of its best selling medicine “adol” during the first quarter of 2010, compared to the same [...]

IDBI Bank Opens its First Overseas Branch at DIFC

IDBI Bank Opens its First Overseas Branch at DIFC

DUBAI, United Arab Emirates, Wednesday, June 2010 [ME NewsWire]: IDBI Bank one of India’s leading banks, majority owned by Government of India, has received a licence from the Dubai Financial Services Authority (DFSA) to provide a full range of corporate banking services including financial advisory services and syndication of credit from the Dubai International Financial [...]

Gemalto Selected for the Turkish ePassport Personalization Program

Gemalto Selected for the Turkish ePassport Personalization Program

Complete end-to-end personalization solution delivered in record time AMSTERDAM, Wednesday, June 2nd 2010 [ME NewsWire]: (BUSINESS WIRE)– Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced its selection by the Ministry of Foreign Affairs of the Republic of Turkey for its ePassport program. Gemalto provides its Coesys Issuance solution for the personalization [...]

RSH Awarded a SR 480 Million Contract in Papua New Guinea

RSH Awarded a SR 480 Million Contract in Papua New Guinea

The company will engineer, manufacture & construct a housing facility for LNG project Riyadh, Kingdom of Saudi Arabia, May 2, 2010: Red Sea Housing Services (Tadawul: 4230), a world’s leading provider of remote site housing, has been awarded a new SR 480 million ($127.9 million) contract by Chiyoda-JGC Joint Venture (CJJV) to engineer, manufacture and [...]

Estarta Solutions Launches New Version of A4SADAD Bank

Estarta Solutions Launches New Version of A4SADAD Bank

17/01/2010 Amman – Riyadh – Estarta Solutions has launched the new version of A4SADAD Bank which is associated to SADAD payments system in Saudi Arabia. A4SADAD Bank is a unified solution for connecting systems, banks, and governmental and non-governmental organizations to SADAD payment system in Saudi Arabia, in addition to being the first system in [...]

Partnering to create a stronger Islamic financial sector

Partnering to create a stronger Islamic financial sector

Manama, Bahrain – 07 December 2009: UK Trade & Investment is leading an 18 strong delegation of UK Islamic finance organisations to the 16th Annual The World Islamic Banking Conference. While financial markets have been tested this year UK Islamic financial organisations remain positive that business continues and they remain committed to strengthening their partnerships [...]

Ministry of Economy focused on global cooperation, Al Shihhi

Ministry of Economy focused on global cooperation, Al Shihhi

Abu Dhbai, October 7, 2009 – His Excellency Mohammed Ahmed Bin Abdul Aziz Al Shihhi, Director General of the Ministry of Economy, said the UAE Government is focused on boosting cooperation globally as part of its open economic policy. He was addressing the second UAE- Korea Director General meeting to discuss the preparations for the [...]