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	<title>Emirates Week &#187; Other</title>
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		<title>RSH Operating Income Up by 22% in Q2 2010</title>
		<link>http://www.emiratesweek.net/2010/07/1813</link>
		<comments>http://www.emiratesweek.net/2010/07/1813#comments</comments>
		<pubDate>Sat, 24 Jul 2010 06:39:35 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[Photo Gallery]]></category>
		<category><![CDATA[Chairman of RSH]]></category>
		<category><![CDATA[Dr. Majid Al Kassabi]]></category>
		<category><![CDATA[Red Sea Housing]]></category>
		<category><![CDATA[RSH]]></category>

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		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Riyadh, Kingdom of Saudi Arabia, 24 July, 2010: </strong>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 second quarter of 2009.</p>
<p>Commenting on the company’s performance so far this year, Dr. Majid Al Kassabi, Chairman of RSH, hailed the great results achieved by the company in the second quarter of 2010, stating that RSH’s operating income has increased to SR 23.26 million during the 2<sup>nd</sup> quarter of 2010, compared to SR 18.93 million recorded in the same period in 2009. He said that the encouraging performance of RSH and its increasing reputation worldwide have helped the company to secure major contracts.</p>
<p>“We are pleased with the company’s improvement in operating profits during the 2<sup>nd</sup> quarter of this year. This reflects the scope of development the company has experienced and the improvement of operating income achieved during the past three months,” said Dr. Al Kassabi.</p>
<p>The company has suffered during this period from a preliminary court ruling in Algeria to pay customs duties and penalties. As a result, RSH has booked a provision of SR 10.2 million which was charged to the interim consolidated income statement for the past three months ending on 30 June, 2010, generating lower net profits. This has resulted in a 22.01% decrease instead of a 37.71% increase in net profits for the second quarter, compared to the same period in 2009.</p>
<p>Dr. Al Kassabi stressed the importance of RSH’s contribution to the comprehensive economic development in the Kingdom of Saudi Arabia in terms of supporting major Saudi organizations with its outstanding housing solutions. He added “Our quality products provided to these companies are coupled with the government’s spending on developing the energy sector, the infrastructure and the national development, as we are planning to further expand in our core markets in Africa, Asia and the Middle East. This enhances the expectations of RSH in the continuation of stability in 2010 and more development in 2011.”</p>
<p>Al Kassabi underscored the company’s commitment to develop its businesses on a global level. “Some thought that the downturn of the economic environment globally and halt of some major projects had largely affected RSH businesses, but on the contrary, the year 2009 was the second most successful year for RSH which reflects the outstanding management skills of our staff and the quality of our products which were well-positioned in the market,” he said.</p>
<p>He added that the 2<sup>nd</sup> quarter results of the company have been solid as it succeeded in securing new big orders with a total value of SR 590 million, representing the company’s highest total volume of orders in the company’s history.</p>
<p>As reported earlier, RSH recorded another achievement when it was awarded its biggest single contact to date. The SR 480 million ($127.9 million) contract secured from Chiyoda-JGC Joint Venture (CJJV) to engineer, manufacture and construct a major housing facility for Papua New Guinea’s Liquefied Natural Gas project (PNG LNG) at Port Moresby on the bay of Papua. The facility is planned to be completed by 2011 and is operated by Esso Highlands Limited, a subsidiary of Exxon Mobile Corporation, on behalf of the co-ventures which include Oil Search, Santos, Nippon Oil, Mineral Resource Development Company (MRDC) and Eda Oil.</p>
<p><strong>=== END ===</strong></p>
<p><strong>About Red Sea Housing Services (RSH)</strong></p>
<p>Red Sea Housing Services is a public company listed on the Saudi Stock Exchange under the slogan (Red Sea 4230). The company was established in 1986 and is considered a world leader in manufacturing modular buildings for the Middle East, Africa and Asia regions. RSH has supplied hundreds of projects in over 56 countries worldwide. With its three modern manufacturing facilities which acquired ISO quality certificates and are strategically located in Saudi Arabia, United Arab Emirates and Ghana, RSH is capable of providing quality products and in timely manner for its diversified clients.</p>
<p><strong>For further information, please visit our website: </strong><a href="http://www.rsh.com.sa/"><strong>www.rsh.com.sa</strong></a><strong> </strong></p>
<p><strong>For further information, please contact:</strong></p>
<p><strong><span style="text-decoration: underline">MEDIA CONTACTS<br />
</span></strong><strong>Sarah Noueihed</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>T: +971 4 364 2414 </strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>F: +971 4 369 7635</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>Email: </strong><a href="mailto:sarah@perspectivepr-me.com"><strong>sarah@perspectivepr-me.com</strong></a><strong></strong></p>
<p><strong> </strong><strong></strong></p>
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		<title>British Airways to Carry 70,000 People to World Cup in South Africa</title>
		<link>http://www.emiratesweek.net/2010/06/1243</link>
		<comments>http://www.emiratesweek.net/2010/06/1243#comments</comments>
		<pubDate>Thu, 03 Jun 2010 10:21:31 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[Photo Gallery]]></category>
		<category><![CDATA[Sports]]></category>
		<category><![CDATA[Transportation]]></category>
		<category><![CDATA[Travel]]></category>
		<category><![CDATA[British Airways]]></category>
		<category><![CDATA[World Cup]]></category>

		<guid isPermaLink="false">http://www.emiratesweek.net/?p=1243</guid>
		<description><![CDATA[Manama, Bahrain, June 3, 2010: British Airways has announced that the airline will be carrying over 70,000 passengers to South Africa during the forthcoming World Cup. The airline has dedicated 19 flights a week to Johannesburg and seven flights to Cape Town in South Africa, in addition to other connection flights to several domestic and [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Manama, Bahrain, June 3, 2010</strong>: British Airways has announced that the airline will be carrying over 70,000 passengers to South Africa during the forthcoming World Cup.</p>
<p>The airline has dedicated 19 flights a week to Johannesburg and seven flights to Cape Town in South Africa, in addition to other connection flights to several domestic and regional destinations on board of its franchise carrier, Comair.</p>
<p>As official airline of England 2018 World Cup bid, British Airways is helping football fans get into the spirit of the World Cup. During June and July, special on-board announcements will be made on South Africa flights to invite customers to back the England 2018 bid. Dedicated aircraft painted with black and white football nose cones will operate on some of the flights.</p>
<p>Gary Lineker, former football striker in England team who has helped British Airways launch its support for backing the bid, said: “Hosting the World Cup 2018 would be a privilege and a great boost for English football. We have a 100 per cent record in home World Cups and it would be wonderful to keep up that performance.”</p>
<p>Commenting on the airline’s flights to South Africa, Ashley Cowen, British Airways’ Area Regional Manager, Asia Pacific and Africa, said: “South Africa is one of our most popular destinations, even more so this summer. We are thrilled to be welcoming so many customers to the Rainbow Nation in the coming weeks.”</p>
<p align="center">British Airways will fly 2.5 million customers during June</p>
<p align="center"><strong>====  END  ====</strong></p>
<p><strong>Notes to Editors:</strong></p>
<ul>
<li>Comair      operates flights to; Cape Town, Johannesburg, Durban, Port Elizabeth,      Mauritius, Kruger National Park and Harare</li>
</ul>
<p><strong>For more information on British Airways</strong>, please visit our website: <a href="http://www.ba.com/">www.ba.com</a></p>
<p><strong>To help back the bid</strong>, please visit the website: <a href="http://www.england2018bid.com/">www.england2018bid.com</a></p>
<p><strong> </strong></p>
<p><strong>For further information or images, please contact:</strong></p>
<p><strong>B.E. International Bahrain Office:</strong></p>
<p>Safiya Khonji, Account Manager, BEI  &#8211; +973 3 9652666</p>
<p><a href="mailto:Safiya@beinternational.com">Safiya@beinternational.com</a></p>
<p><strong><span style="text-decoration: underline">About British Airways:</span></strong></p>
<p>British Airways has a worldwide route network that covers more than 150 destinations in 75 countries.</p>
<p>British Airways has been operating flights to the Middle East for almost 78 years emphasising its long-term commitment to the region.<br />
British Airways currently operate 59 weekly flights from eight Middle East markets to London Heathrow. This includes daily services to Bahrain, Oman, Qatar, Kuwait and Abu Dhabi, ten weekly services to Saudi Arabia and a twice daily service to Dubai International.</p>
<p>British Airways operates from Terminal 5 at London Heathrow. The state-of-the-art Terminal 5 is exclusive to the airline&#8217;s customers and is capable of handling 30 million customers a year.</p>
<p>Photos are available on <a href="http://www.newscast.co.uk/">www.newscast.co.uk</a></p>
<p>For further information on British Airways visit <a href="http://www.ba.com/">www.ba.com</a></p>
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		<title>Diyafa Holding will open Abdel Wahab Restaurant in Bahrain</title>
		<link>http://www.emiratesweek.net/2010/05/1233</link>
		<comments>http://www.emiratesweek.net/2010/05/1233#comments</comments>
		<pubDate>Mon, 31 May 2010 08:32:54 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
				<category><![CDATA[Dineout]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[Photo Gallery]]></category>
		<category><![CDATA[Abdel Wahab Restaurant]]></category>
		<category><![CDATA[Amr Al Khan]]></category>
		<category><![CDATA[Diyafa Holding]]></category>

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		<description><![CDATA[BAHRAIN, May 31, 2010: Diyafa Holding has expanded their hospitality portfolio with the recent announcement of a franchising agreement with Ghia Holdings, owners of the Abdel Wahab Restaurant chain. The restaurant known for its signature Lebanese cuisine, has found fame beyond Beirut and across the region. The agreement is part of Diyafa Holdings’ overall business [...]]]></description>
			<content:encoded><![CDATA[<p><strong>BAHRAIN, May 31, 2010:</strong> Diyafa Holding has expanded their hospitality portfolio with the recent announcement of a franchising agreement with Ghia Holdings, owners of the Abdel Wahab Restaurant chain. The restaurant known for its signature Lebanese cuisine, has found fame beyond Beirut and across the region. The agreement is part of Diyafa Holdings’ overall business strategy to engage in a prominent role within the hospitality sector through selective franchise agreements with key international brands besides developing their own brands in specific market segments.</p>
<p>According to Amer Al Khan, CEO of Diyafa Holdings W.L.L, “The company is focused on achieving a balanced portfolio of business services which includes Food &amp; Beverage, Retail &amp; Hospitality businesses. The franchise agreement with Ghia Holdings, a well-respected name in the hospitality business infuses added synergy to our quest to be a leading service provider. Such agreements are part of our overall approach to maintain an ‘organic growth’ within the GCC and MENA region in the first 3 to 5 years of operations. Our operational expertise along with the high standards and popularity of the Abdel Wahab brand should make for a successful combination, and we are confident the restaurant will offer residents of Bahrain a true taste of Lebanese cuisine that is well relished and loved in the region,” he said.</p>
<p>Abdel Wahab, owned and operated by Ghia Holdings, one of the most famous Lebanese cuisines. Its oriental décor featuring damascene walls, brass ornaments and blown glass elements, is an invitation to enjoy true Lebanese hospitality. Abdel Wahab Restaurant “Bahrain” will be located at the Bahrain World Trade Centre.</p>
<p>Commenting on the promising tie-up, John Claude, CEO of Ghia Holdings said: “As a well respected name in the business, we are extremely selective in our choice of partners, and we strongly believe that Diyafa Holding offers the right fit to our expansion plans in the region. This franchise agreement is an excellent testimony of the Abdel Wahab brand’s growing popularity in the region, and the high demand for quality Lebanese cuisines. We will persist in exceeding the expectations of food enthusiasts in the Kingdom of Bahrain, and we hope that this new cuisine will add another milestone to our success record.”</p>
<p>Ghia Holdings is one of the most dynamic restaurant groups in Lebanon, owning and operating 6 restaurant chains of different style, décor and cuisine. In addition to the flagship restaurant Abdel Wahab, Ghia Holdings runs the famous Al Bakawat Café, alongside Duo, Al Sayara, Shah and Al Paladar, featuring appetizing favorites from international, French, Moroccan and South American cuisines, that cater for all age groups from business people to families and young adults.</p>
<p>“Diyafa Holding is yet to engage in several key partnerships during the course of this year. After their agreements with Shakespeare &amp; Co. and Abdel Wahab, they will be in pursuit of more prominent partners of the same standard and potential, which will help them deliver upon their vision,” concluded Al Khan.</p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em> </em></strong></p>
<p><strong><em>Notes: </em></strong></p>
<p><em>Global Banking Corporation B.S.C. (c) [GBCORP] is an Islamic investment bank incorporated in the Kingdom of Bahrain in June 2007. GBCORP pursues a dynamic business model, primarily focusing on the core business areas of private equity, real estate and infrastructure development, energy, asset management, advisory services in corporate finance and capital markets and portfolio management services, backed by a management team with a cumulative experience and expertise of more than 30 years in international banking.</em></p>
<p><em> </em></p>
<p><em>GBCORP’s shareholders and members of the board are prominent personalities, representing the leading business institutions from within the region and bring a wealth of liquidity and sectoral expertise to the organization.</em></p>
<p><em> </em></p>
<p><em>GBCORP’s business strategy is to capitalize on new opportunities to transcend global boundaries and serve as a unique accelerator for investments from within the GCC to potential markets in the MENA region, South East Asia and North America. </em></p>
<p>&#8212;end&#8212;</p>
<p><strong> </strong></p>
<p><strong>For more information, contact:</strong></p>
<p><strong> </strong></p>
<p><strong>GBCORP </strong></p>
<p><strong>Zain Al Shaker</strong></p>
<p>Head of Corporate Communications</p>
<p>Mobile +973 36 97 11 17</p>
<p><a href="mailto:zalshaker@gbcorponline.com">zalshaker@gbcorponline.com</a></p>
<p><strong> </strong></p>
<p><strong>Maryam Al Busmait</strong></p>
<p>Associate</p>
<p>Mobile +973 36 02 11 13</p>
<p><a href="mailto:ralgosaibi@gbcorponline.com">ralgosaibi@gbcorponline.com</a></p>
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		<title>ZonesCorp Seeks to Woo Chinese Investors to Abu Dhabi</title>
		<link>http://www.emiratesweek.net/2010/05/1227</link>
		<comments>http://www.emiratesweek.net/2010/05/1227#comments</comments>
		<pubDate>Sat, 29 May 2010 07:41:29 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[Photo Gallery]]></category>
		<category><![CDATA[Abu Dhabi and China Economic Forum]]></category>
		<category><![CDATA[Higher Corporation for Specialized Economic Zones]]></category>
		<category><![CDATA[ZonesCorp]]></category>

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		<description><![CDATA[As one of the leading sponsors of Abu Dhabi &#38; China Economic Forum, ZonesCorp will demonstrate its investment incentives that help attract the Chinese to set up businesses in its industrial cities Abu Dhabi, May 29, 2010: The Higher Corporation for Specialized Economic Zones (ZonesCorp) will be participating as a lead sponsor in the upcoming [...]]]></description>
			<content:encoded><![CDATA[<p align="center"><em>As one of the leading sponsors of Abu Dhabi &amp; China Economic Forum, ZonesCorp will demonstrate its investment incentives that help attract the Chinese to set up businesses in its industrial cities</em></p>
<p><strong><em> </em></strong></p>
<p><strong>Abu Dhabi, May 29, 2010</strong>: The Higher Corporation for Specialized Economic Zones (ZonesCorp) will be participating as a lead sponsor in the upcoming Abu Dhabi and China Economic Forum due to be held at Sheraton Shanghai Hotel &amp; Residences, in Pudong, China, on May 31, 2010. Along with other key economic drivers of Abu Dhabi, ZonesCorp aims to invite Chinese investments to Abu Dhabi through demonstrating its services, highlight its infrastructure and the prosperous business climate it avails for investors in its industrial cities.</p>
<p>Building on the increasing mutual interest between the UAE and China to develop their relations on the political, economic and cultural fronts, the Abu Dhabi and China Economic Forum comes as a further solid step in the bilateral pace of work and cooperation between the two countries. The forum, scheduled to be organized subsequent to the successful participation of the UAE in Shanghai Expo 2010, will be a prominent event that discusses the best business and investment opportunities available in the UAE and China.</p>
<p>The UAE, Abu Dhabi in particular, aims to establish long term partnerships with key Chinese companies and increase their investments in Abu Dhabi. This business interest was boomed through the UAE’s participation in major exhibitions and forums which were held recently in China. The recent visits of UAE high-ranking official dignitaries to China reflect the government’s strong desire to activate partnerships with the Chinese who also showed an increasing interest to explore the investments opportunities available in Abu Dhabi.</p>
<p>“We are pleased to be a lead sponsor of the significant Abu Dhabi and China Economic Forum which would help the Emirate enhance ties with a giant player of international industry like China,” said HE Mohamed Hasan Al Qemzi, CEO, ZonesCorp. “Our participation comes in response to the directives of HH Sheikh Hamed bin Zayed Al Nahyan, Chairman of ZonesCorp, who is very keen to enhance the role played by ZonesCorop in attracting world’s leading exporters and investors to Abu Dhabi and strengthen the Emirate’s position as an ideal destination for industrial investments that enjoys a sustainable economic growth.”</p>
<p>Organized by Abu Dhabi Department of Economic Development (DED) and Institutional Investor, and supported by the Industrial &amp; Commercial Bank of China (ICBC), ZonesCorp will take part in the forum’s discussions aiming to introduce Abu Dhabi as a promising business hub that enjoys a political, economic and financial stability.</p>
<p>Along with ZonesCorp, the forum will be also sponsored by the General Holding Corporation (GHC), HSBC, Abu Dhabi Investment Company (Invest AD), National Bank of Abu Dhabi, Standard Chartered, and ZonesCorp.</p>
<p>The forum will bring together more than 200 Chinese and Emirati delegates including investors, business leaders, financiers, investment banks and top-level policy makers.</p>
<p>Al Qemzi will deliver a presentation on the <em>Opportunities for Industry in Abu Dhabi</em>, where he will illustrate ZonesCorp’s role in discovering new business opportunities and investments in Abu Dhabi and how the corporation is operating to attract more foreign investments.</p>
<p>“The forum will be a perfect platform for ZonesCorp and the participating economic entities from Abu Dhabi to highlight the investment opportunities available in the major sectors that drive the economic diversification process in the Emirate. The event will also help create networking opportunities for Chinese investors with Abu Dhabi’s key leaders of industry, financial services experts and top leading decision makers,” said Al Qemzi.</p>
<p>He pointed out that China is a major trading partner of the UAE as the bilateral trade volume between the two countries soared to $ 25 billion (AED 92 billion) in 2009. In line with its strategy, ZonesCorp will take the best advantage of this event to attract Chinese companies to set up business at the corporation’s industrial cities (ICADs). He added that the workers residential cities, whose unique concept was developed by ZonesCorp, will be another interesting incentive for Chinese companies where they could accommodate their working force in very convenient living complexes.</p>
<p>A total of 346 industrial enterprises have established operations in ZonesCorp by 2009. In the first quarter of 2010, ZonesCorp has recorded 574 permanent licenses across several industries with a total invested capital that stood at AED 27.2 billion.</p>
<p>ZonesCorp is already involved in 5 out of 10 strategic manufacturing sectors identified in Abu Dhabi Economic Vision 2030. The enabling sectors include construction materials, machinery, electrical equipment, food and beverage. The other sectors which ZonesCorp is focusing on include energy, oil and gas services, metals, aerospace and defense, healthcare equipment and services, transportation, trade and logistics.</p>
<p align="center"><strong>===  END  ===</strong></p>
<p><strong><span style="text-decoration: underline">About ZonesCorp:</span></strong></p>
<p>The Higher Corporation for Specialized Economic Zones (ZonesCorp) is a government-backed entity that was established in Abu Dhabi in 2004 to enhance and develop the industrial sector. ZonesCorp is directly responsible for the establishment and management of specialized economic zones in Abu Dhabi, committing to develop the industrial infrastructure in the capital, cultivating a business climate conducive to growth and driving the diversification of the economy. The Corporation provides customer-centric services including a One-Stop Shop, a foreign labor service centre, and quality workers’ accommodation. ZonesCorp targets to leverage on an enhanced financial capability by procuring new specialized clusters through Public-Private Partnership management structures and involvement of the ZonesCorp Infrastructure Investment Fund. The current and future projects include 5 industrial cities in Abu Dhabi and Al Ain, in addition to construction and building materials production city and other quality workers&#8217; accommodation cities.</p>
<p><strong> </strong></p>
<p><strong>For further information, please contact</strong><a href="http://www.rsh.com.sa/"><strong></strong></a><strong> </strong></p>
<p><strong><span style="text-decoration: underline">MEDIA CONTACTS<br />
</span></strong><strong>Sarah Noueihed</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>T: +971 4 364 2414 </strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>F: +971 4 369 7635</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>Email: </strong><a href="mailto:sarah@perspectivepr-me.com"><strong>sarah@perspectivepr-me.com</strong></a><strong> </strong></p>
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		<title>ZonesCorp Demonstrated its Contribution to Society at Arab Giving Forum &amp; Abu Dhabi CSR Conference</title>
		<link>http://www.emiratesweek.net/2010/05/1205</link>
		<comments>http://www.emiratesweek.net/2010/05/1205#comments</comments>
		<pubDate>Sun, 09 May 2010 12:02:29 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
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		<category><![CDATA[Abu Dhabi CSR Conference]]></category>
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		<category><![CDATA[Higher Corporation for Specialized Economic Zones]]></category>
		<category><![CDATA[ZonesCorp]]></category>

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		<description><![CDATA[As a diamond sponsor, ZonesCorp highlighted its role in promoting the culture of giving and recognition of CSR strategies Abu Dhabi, May 9, 2010: Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region of Abu Dhabi, Chairman of the UAE Red Crescent Authority, the Higher Corporation for [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left">As a diamond sponsor, ZonesCorp highlighted its role in promoting the culture of giving and recognition of CSR strategies</p>
<p><strong> </strong></p>
<p><strong>Abu Dhabi, May 9, 2010</strong>: Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region of Abu Dhabi, Chairman of the UAE Red Crescent Authority, the Higher Corporation for Specialized Economic Zones (ZonesCorp) participated in the Arab Giving Forum 2010, and Abu Dhabi Corporate Social Responsibility (CSR) Conference, which were both held at Emirates Palace in Abu Dhabi on May 9, 2010. The joint event, organized under the slogan “<em>Social Coherence, a National Responsibility</em>”, aimed at promoting the culture of giving and enhancing awareness on CSR practices, strategies and benefits among individuals and companies.</p>
<p>Organized by Zayed Giving Initiative, both the Forum and the Conference brought together top Arab dignitaries and monarchs including Her Majesty Queen Rania of Jordan, HH Prince Al Walid bin Talal of Saudi Arabia, and HE Ziad Baroud, Minister of Interior in Lebanon, in addition to a large number of Arab intellectuals, business leaders and decision makers. The event discussed various topics and study cases on social responsibility implementation and its influence on business. It also focused on the sustainable social development programs and humanitarian projects launched in the Arab world on the cultural, educational and environmental fronts.</p>
<p>HE Mohammad Hassan Al Qamzi, CEO, ZonesCorp, stressed the importance of participating as a diamond sponsor in both the Forum and the Conference which helped raise significant concerns for the social and business communities. The event also underlined the key role which CSR plays in business success as well as in building partnerships between the public and private sectors to ensure the wellbeing of the society.</p>
<p>“The forum provided an interesting platform to discuss the importance, strategies and management of CSR within the public and private organizations, the role of CSR in the sustainable social development initiatives in both sector, experiences of the participating businesses from the Arab world in implementing CSR procedures, as well as the initiatives launched in sustaining and integrating CSR within areas of business strategy, especially among private sector establishments,” said Al Qamzi.</p>
<p>Al Qamzi pointed out that CSR became one of the most important business issues that have been profoundly recognized in the past years throughout the UAE due to its role in the success of the corporates’ businesses. He said that many large companies appear to have found common ground upon which they have built elaborated CSR policies, practices and initiatives in their strategic planning that have effectively helped in enhancing their performance and sustainability.</p>
<p>“As CSR is one of the performance pillars within the public sector establishments, and since the private sector companies play a pivotal role in the country’s development process, there is a principal need to establish practical partnerships between the companies from both sectors which would certainly benefit the two parties as well as the society they are operating in,” Al Qamzi noted.</p>
<p>CSR experiences of the major international companies proved to be beneficial for both the society and the business, said Al Qamzi adding that CSR could be recognized as a return investment that was not known before. Recent studies showed that the companies balancing between their interests and those of the society have four times doubled their rates of growth and skilled workforce generation.</p>
<p>“Companies that successfully integrated CSR within their businesses stood to gain financial and social benefits through identifying new business opportunities, strengthening their brands and corporate reputation, attracting the retention of top employees and partners, sustaining customers’ loyalty and increasing quality and productivity,” he said.</p>
<p>ZonesCorp was given the opportunity to demonstrate the aspects of its corporate responsibility programs towards society mainly through developing a new concept of world-class, integrated and comfortable accommodations for Abu Dhabi workforce. These cities have largely contributed to delivering the human image of Abu Dhabi in protecting the rights of laborers and abiding to the directives of World Labor Organization.</p>
<p>Al Qamzi noted that the event has provided valuable insights on the effective implementation of CSR concepts within Arab business communities in accordance with the highest international standards.</p>
<p>The Abu Dhabi CSR Conference sessions discussed various topics including CSR and Sustainable Development, CSR and the Business Community, Partnerships between the Non-profit Public and Private Establishments, and the Role of Media on CSR Initiatives.</p>
<p align="center"><strong>===  END  ===</strong></p>
<p><strong><span style="text-decoration: underline">About ZonesCorp:</span></strong></p>
<p>The Higher Corporation for Specialized Economic Zones (ZonesCorp) is a government-backed entity that was established in Abu Dhabi in 2004 to enhance and develop the industrial sector. ZonesCorp is directly responsible for the establishment and management of specialized economic zones in Abu Dhabi, committing to develop the industrial infrastructure in the capital, cultivating a business climate conducive to growth and driving the diversification of the economy. The Corporation provides customer-centric services including a One-Stop Shop, a foreign labor service centre, and quality workers’ accommodation. ZonesCorp targets to leverage on an enhanced financial capability by procuring new specialized clusters through Public-Private Partnership management structures and involvement of the ZonesCorp Infrastructure Investment Fund. The current and future projects include 5 industrial cities in Abu Dhabi and Al Ain, in addition to construction and building materials production city and other quality workers&#8217; accommodation cities.</p>
<p><strong> </strong></p>
<p><strong>For further information, please visit our website: </strong><a href="http://www.rsh.com.sa/"><strong>www.rsh.com.sa</strong></a><strong> </strong></p>
<p><strong><span style="text-decoration: underline">MEDIA CONTACTS<br />
</span></strong><strong>Sarah Noueihed</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>T: +971 4 364 2414 </strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>F: +971 4 369 7635</strong><strong><span style="text-decoration: underline"><br />
</span></strong><strong>Email: <a href="mailto:sarah@perspectivepr-me.com">sarah@perspectivepr-me.com</a></strong><strong></strong></p>
<p><strong> </strong><strong> </strong></p>
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		<title>RSH Awarded a SR 480 Million Contract in Papua New Guinea</title>
		<link>http://www.emiratesweek.net/2010/05/1188</link>
		<comments>http://www.emiratesweek.net/2010/05/1188#comments</comments>
		<pubDate>Sun, 02 May 2010 09:07:45 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
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		<description><![CDATA[The company will engineer, manufacture &#38; 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 [...]]]></description>
			<content:encoded><![CDATA[<p align="center"><em>The company will engineer, manufacture &amp; construct a housing facility for LNG project</em></p>
<p><strong> </strong></p>
<p><strong>Riyadh, Kingdom of Saudi Arabia, May 2, 2010: </strong>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 construct a major housing facility for Papua New Guinea’s Liquefied Natural Gas Project (PNG LNG). Planned to be complete by the end of November 2011, the new facility aims to accommodate the workforce of the PNG LNG project being constructed at Port Moresby on the bay of Papua. The PNG LNG Project is operated by Esso Highlands Limited, a subsidiary of Exxon Mobile Corporation, on behalf of the co-venturers which include Oil Search, Santos, Nippon Oil, Mineral Resource Development Company (MRDC) and Eda Oil.</p>
<p>Dr. Majid Al Kassabi, Chairman of Red Sea Housing Services (RSH), highlighted the importance getting this international contract which enhances the company’s credibility and goes in line with its operation strategy as a world market leader in manufacturing modular buildings, and a provider of a broad range of housing solutions for commercial and residential applications.</p>
<p>“We are pleased to have this opportunity to build a high-quality housing facility for the PNG LNG project. This reflects our reputed expertise and commitment to provide the best and durable housing solutions for such an international corporation as Exxon Mobil Corporation,” said Dr. Al Kassabi.</p>
<p>Don Summer, Managing Director of RSH, pointed out that awarding the new contract to RSH is based on the company’s reputation and craftsmanship spread out in different countries of the world, including Africa. “The accommodations and support buildings to be manufactured by RSH form another milestone for RSH as it is the fourth LNG facility we have been awarded to support such prestigious global corporations including Marathon Oil, Equatorial Guinea, Shell Oil, Qatar, Chevron Texaco, Angola, and now Exxon Mobile in PNG.” “This is singularly the largest contract we have secured outstripping the previous largest by SR 100 million, this contract represents 35% of total production of 2009” he added.</p>
<p>On his part, Glen Warren, Executive Vice-President of Marketing &amp; International sales at RSH, stressed that the company has developed a unique team of highly qualified workers who became experienced in specialty projects, mainly after completing their previous project in Equatorial Guinea where the company created unique PVC composite panel buildings.</p>
<p>“Having the opportunity to work on this co-venture of highly-reputed global companies led by Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation enhances our confidence as a world key leader in providing manufactured buildings, the same as we did on the successful building of Exxon Mobile pipeline from Chad through Cameroon to the Atlantic Ocean,” Warren noted, “The others construct camps, our team creates Micro Communities.”</p>
<p>The major PNG LNG project includes gas production and processing facilities in the Southern Highlands and Western Provinces of PNG; liquefaction and storage facilities with a capacity of 6.6 million tons per year located northwest of Port Moresby on the Gulf of Papua, and over 700 kilometers of pipelines connecting the facilities. Upon completion, the PNG LNG is expected to produce over 9 trillion cubic feet of gas.</p>
<p>The project, to be developed according to the highest standards of HSE, will support the PNG government’s objectives to strengthen its economy and infrastructure for the benefit of its people.</p>
<p align="center"><strong>=== END ===</strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong>About Red  Sea Housing Services (RSH)</strong></p>
<p>Red Sea Housing Services is a public company listed on the Saudi Stock Exchange under the slogan (Red Sea 4230). The company was established in 1986 and is considered a world leader in manufacturing modular buildings for the Middle East, Africa and Asia regions. RSH has supplied hundreds of projects in over 56 countries worldwide. With its three modern manufacturing facilities which acquired ISO quality certificates and are strategically located in Saudi Arabia, United Arab Emirates and Ghana, RSH is capable of providing quality products and in timely manner for its diversified clients.</p>
<p><strong>For further information, please visit our website: </strong><a href="http://www.rsh.com.sa/"><strong>www.rsh.com.sa</strong></a><strong> </strong></p>
<p><strong><span style="text-decoration: underline">MEDIA CONTACTS</span></strong></p>
<p><strong>Sarah Noueihed</strong></p>
<p><strong>T: +971 4 364 2414 </strong><strong> </strong></p>
<p><strong>F: +971 4 369 7635</strong></p>
<p><strong>Email: <a href="mailto:sarah@perspectivepr-me.com">sarah@perspectivepr-me.com</a></strong></p>
<p><strong> </strong><strong> </strong></p>
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		<title>ZonesCorp in Hannover Messe 2010</title>
		<link>http://www.emiratesweek.net/2010/04/1170</link>
		<comments>http://www.emiratesweek.net/2010/04/1170#comments</comments>
		<pubDate>Sat, 24 Apr 2010 09:46:58 +0000</pubDate>
		<dc:creator>perspectiveprme</dc:creator>
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		<description><![CDATA[Abu Dhabi government entities adopt latest know-how of industrial technologies during Hannover Messe 2010 Abu Dhabi, April 24, 2010: The Higher Corporation for Specialized Economic Zones (ZonesCorp), along with Abu Dhabi Department of Economic Development (DED) and other government organizations in the Emirate such as Abu Dhabi Basic Industries Corporation, Abu Dhabi Chamber of Commerce [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left">Abu Dhabi government entities adopt latest know-how of industrial technologies during Hannover Messe 2010</p>
<p><strong>Abu Dhabi, April 24, 2010</strong>: The Higher Corporation for Specialized Economic Zones (ZonesCorp), along with Abu Dhabi Department of Economic Development (DED) and other government organizations in the Emirate such as Abu Dhabi Basic Industries Corporation, Abu Dhabi Chamber of Commerce &amp; Industry, Western Region Development Council, Abu Dhabi Airports Company, Abu Dhabi Food Control Authority, Abu Dhabi Future Energy Company (MASDAR), Abu Dhabi Tourism Authority, and Abu Dhabi Council for Economic Development, participated in Hannover Messe 2010, the world’s leading exhibition for industrial technology, which took place in Germany on April 19-23. The event provided ZonesCorp an opportunity to globally promote its services and key role in diversifying economy and positioning Abu Dhabi as an ideal destination for industrial investments.</p>
<p>Hannover Messe 2010, which brought together hundreds of top international companies to showcase their latest innovations and new technological developments from the world of industry, enabled ZonesCorp to underline its role in developing and managing fully integrated economic zones through commissioning an industrial development strategy to identify competitive clusters.</p>
<p>The main objective behind ZonesCorp’s participation in this international event was to contribute in highlighting Abu Dhabi as a leading and integrated destination for industrial investments due to the available world-class infrastructure, facilitated licensing and flexible legislations, as well as the support provided to investors by the government of Abu Dhabi. ZonesCorp have also adopted the latest industrial know-how and best practices to support Abu Dhabi’s transition into a knowledge-based economy.</p>
<p>Hannover Messe 2010 provided a suitable platform to the participants to increase the potential investors’ awareness of the opportunities identified in Abu Dhabi Economic Vision 2030. The event also helped ZonesCorp promote its strategy in the diversification of economy which Abu Dhabi emirate seeks to achieve through its Economic Vision 2030.</p>
<p align="center"><strong>===  END  ===</strong></p>
<p><strong>About ZonesCorp:</strong></p>
<p>The Higher Corporation for Specialized Economic Zones (ZonesCorp) is a government-backed entity that was established in Abu Dhabi in 2004 to enhance and develop the industrial sector. ZonesCorp is directly responsible for the establishment and management of specialized economic zones in Abu Dhabi, committing to develop the industrial infrastructure in the capital, cultivating a business climate conducive to growth and driving the diversification of the economy. The Corporation provides customer-centric services including a One-Stop Shop, a foreign labor service centre, and quality workers’ accommodation. ZonesCorp targets to leverage on an enhanced financial capability by procuring new specialized clusters through Public-Private Partnership management structures and involvement of the ZonesCorp Infrastructure Investment Fund. The current and future projects include 5 industrial cities in Abu Dhabi and Al Ain, in addition to construction and building materials production city and other quality workers&#8217; accommodation cities.</p>
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		<title>In the Framework of Preparation for Hosting the Conference &#8211; Al Baddad Global Provides Main Hall for WFES 2010</title>
		<link>http://www.emiratesweek.net/2010/01/1068</link>
		<comments>http://www.emiratesweek.net/2010/01/1068#comments</comments>
		<pubDate>Mon, 18 Jan 2010 12:21:03 +0000</pubDate>
		<dc:creator>ME NewsWire</dc:creator>
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		<guid isPermaLink="false">http://www.emiratesweek.net/?p=1068</guid>
		<description><![CDATA[Abu Dhabi, United Arab Emirates, Jan, 17, 2010 (ME Newswire): Al Baddad Global, the industry leader in providing innovative mobile halls and mobile storage facilities headquartered in the United Arab Emirates, announced the successful completion of preparing the main hall where the World Future Energy Summit 2010 is scheduled to take place. The global event [...]]]></description>
			<content:encoded><![CDATA[<p>Abu Dhabi, United Arab Emirates, Jan, 17, 2010 (ME Newswire): Al Baddad Global, the industry leader in providing innovative mobile halls and mobile storage facilities headquartered in the United Arab Emirates, announced the successful completion of preparing the main hall where the World Future Energy Summit 2010 is scheduled to take place. The global event hosted by “Masdar”, the global initiative launched by Abu Dhabi to promote joint action in the field of renewable energy, will be held at the Emirates Palace Hotel from 18 to 21 January, 2010.</p>
<p>The state-of-the-art hall and “smart stores” are built according to the highest international standards in the field of mobile and fixed halls. The environment-friendly hall can fit 700 persons.</p>
<p>Moreover, the hall features help reduce pollution and enhance safety standards as well as high efficiency in using energy and water. It also combines aesthetics and economy as well as taking into account the environment in terms of manufacturing and operations. Highly resistant to various natural factors, the halls also enjoy special fire-fighting techniques.</p>
<p>“Al Baddad Global is proud to be part of this important international event. This is conclusive evidence of the success of our initiatives that aim at applying new and innovative methods and concepts in the field of mobile stores and halls”, said Mr. Zayed Al Baddad, Chairman and CEO of Al Baddad Global. </p>
<p>“We are keen on following clear and specific strategies to stay up-to-date with the latest international standards. Our aim is to offer the best-in-class products to our clients in harmony with the environment. We strive to play an effective role in line with the country’s vision in the light of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan,” he added.</p>
<p>Al Baddad Global depends on three main pillars in its business: Excellence, high-quality innovative technology, and customer satisfaction. These pillars constitute the basis and the solid foundation on which the group established its name and reputation in GCC and the MENA region markets.</p>
<p>-Ends-</p>
<p>For more information please contact:</p>
<p>Rania Kaissoun<br />
Marketing Coordinator<br />
Albaddad Global<br />
Mob.: +971(50)5474909<br />
Tel:  +971(6)5340888<br />
Fax: +971(6)5340420<br />
Email: raniakaissoun@albaddadintl.com</p>
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		<title>Al Baddad Global has announced their New Investment of 14 Million Dirham’s</title>
		<link>http://www.emiratesweek.net/2009/12/1008</link>
		<comments>http://www.emiratesweek.net/2009/12/1008#comments</comments>
		<pubDate>Wed, 30 Dec 2009 10:22:56 +0000</pubDate>
		<dc:creator>ME NewsWire</dc:creator>
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		<guid isPermaLink="false">http://www.emiratesweek.net/?p=1008</guid>
		<description><![CDATA[Dubai, United Arab Emirates: Al Baddad Global group of companies has announced their investment of 14 Million Dirham’s in support to Al Baddad International new equipment and machinery, which will improve its capability in insuring stronger halls and providing better indoor and out door solutions. This action improved Al-Baddad International existing fleet by making it [...]]]></description>
			<content:encoded><![CDATA[<p>Dubai, United Arab Emirates:</p>
<p>Al Baddad Global group of companies has announced their investment of 14 Million Dirham’s in support to Al Baddad International new equipment and machinery, which will improve its capability in insuring stronger halls and providing better indoor and out door solutions.</p>
<p>This action improved Al-Baddad International existing fleet by making it even stronger in the UAE and other regions. Nevertheless our safety measurements and advanced work structure will insure our good performance in future projects.<br />
Mr. Zayed AL-Baddad the CEO of Al-Baddad Global expressed that Al-Baddad International is proud to announce  Al-Baddad’s expansion to new projects in South Africa and affirms the company&#8217;s determination to maintain its high technical and services standards to meet the expectations of its valued clients all over the world.<br />
Al Baddad founded in 1971 in Abu Dhabi, relies on three basic pillars of the work, namely willpower in technology, high quality, and customer service. These represent foundations that Al-Baddad name and fame is built upon in markets throughout the MENA, GCC, Levant and Internationally.</p>
<p>Contact:</p>
<p>Rania Kaissoun<br />
Marketing Coordinator<br />
Albaddad Global<br />
Mob.:  +971(50)5474909<br />
Tel:      +971(6)5340888<br />
Fax: +971(6)5340420<br />
Email: raniakaissoun@albaddadintl.com</p>
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		<title>Imdaad marks success of Beati environment campaign- Contest winning children cheered at colorful ceremony</title>
		<link>http://www.emiratesweek.net/2009/12/988</link>
		<comments>http://www.emiratesweek.net/2009/12/988#comments</comments>
		<pubDate>Mon, 28 Dec 2009 07:44:20 +0000</pubDate>
		<dc:creator>ME NewsWire</dc:creator>
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		<description><![CDATA[Dubai, United Arab Emirates: Imdaad, the leading integrated facilities management solutions providers in the UAE, marked the huge success of its ambitious environment protection initiative for children, Beati, at a colourful ceremony on Tuesday (December 22) held at Ibn Battuta Mall, the popular shopping and leisure destination. The ceremony saw winners of the Beati drawing [...]]]></description>
			<content:encoded><![CDATA[<p>Dubai, United Arab Emirates: </p>
<p>Imdaad, the leading integrated facilities management solutions providers in the UAE, marked the huge success of its ambitious environment protection initiative for children, Beati, at a colourful ceremony on Tuesday (December 22) held at Ibn Battuta Mall, the popular shopping and leisure destination.</p>
<p>The ceremony saw winners of the Beati drawing competition receiving presents, mementoes and certificates. A large crowd of children, parents and officials from schools, Dubai municipality, the Knowledge and Human Development Authority (KHDA) and Imdaad attended the function and lauded the participants.</p>
<p>The drawing contest on the theme of environment protection was a major part of Beati, which is supported by Knowledge and Human Development Authority (KHDA), Dubai Municipality and Union Paper Mills.</p>
<p>Jamal Lootah, Chief Executive Officer of Imdaad, said: “It was a great occasion to celebrate the success of Beati in the company of children who were the real carriers of the campaign. Over the past several months, this awareness initiative successfully integrated hundreds of children in Dubai schools on the serious issue of environment protection. The programme is close to Imdaad’s heart as we consider it our responsibility to add green value in everything we do.”</p>
<p>Imdaad launched Beati in Dubai schools in April 2009 with the aim of spreading environment awareness at grass root level. Under the slogan “My environment, B’cos I want my world,” the campaign laid stress on “Reduce, Reuse and Recycle,” three activities that require concerted efforts to bring about dramatic and positive changes to the environment.</p>
<p>The FM service leader created “Khaddour,” the fun-loving “green leaf” character to encourage children’s involvement, particularly in recycling. The mascot character is themed on “Green,” inspiring children through a coloruing competition where a hidden symbol highlights the object to be recycled.</p>
<p>Practical educational activities such as working sessions and lectures by experts, quiz competitions and film shows on subjects related to environment were also part of Beati. </p>
<p>Beati is the campaign part of Imdaad’s enhanced focus on environment in its FM operations. The company expanded its service footprint across the UAE with added emphasis on environment-friendly methods in order to support the country’s sustainability drive.</p>
<p>Imdaad’s client base includes major corporate and service establishments such as Nakheel, Jafza, DP World – UAE Region, Dubai Properties, Dubai Customs, Limitless, Tanmiyat and Tamweel. Among major projects on its portfolio are Palm Jumeirah, World Trade Centre, The Gardens, Atlantis, Jumeirah Golf Estate, International City, Jebel Ali Port and Free Zone and Wasl, the asset management group of Dubai real Estate Corporation (DREC), along with shopping malls like Ibn Batuta Mall, Dragon Mall, and many more.</p>
<p>-ENDS-</p>
<p>For media enquiries, please contact:</p>
<p>Tameem Al Kintar<br />
Account Manager<br />
Media Department<br />
World View Communications<br />
Dubai World<br />
Tel: +97156 1491094<br />
E-mail: tameem.alkintar@wvc.ae<br />
Web: www.dubaiworldmedia.net<br />
Web: www.duabirworld.ae</p>
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