Archive for the Category ‘Economics’

Covidien Declares Quarterly Cash Dividend

Covidien Declares Quarterly Cash Dividend

DUBLIN – Friday, January 20th 2012 [ME NewsWire] (BUSINESS WIRE)– Covidien plc (NYSE: COV) today announced that its Board of Directors has declared a quarterly cash dividend of $0.225 per ordinary share. The dividend is payable on February 22, 2012, to shareholders of record on January 30, 2012. ABOUT COVIDIEN Covidien is a leading global [...]

QNB Group Financial Results for the Year Ended December 31, 2011

QNB Group Financial Results for the Year Ended December 31, 2011

Doha, Qatar – Monday, January 9th 2012 [ME NewsWire] QNB Group, one of the leading financial institutions in the Middle East and North Africa, continued to record robust growth in profitability, with Net Profit for 2011 exceeding QR7.5 billion, up by 32% compared to 2010. The Board of Directors is recommending to the General Assembly [...]

Steel, Metal and Building Material Trade in Jafza Up 14% Last Year

Steel, Metal and Building Material Trade in Jafza Up 14% Last Year

Free Zone expects sector-related trade to rise further in 2011, officials announce at Jafza’s 7th Strategic Customer Forum Dubai, United Arab Emirates – Sunday, December 11th 2011 [ME NewsWire] Steel, Metal and Building Material companies based in Jafza generated trade worth AED 12.26 billion in 2010 registering a growth of 14% last year in comparison [...]

Moody’s Analytics Launches RiskAuthority, Its Next Generation Basel III Solution

Moody’s Analytics Launches RiskAuthority, Its Next Generation Basel III Solution

NEW YORK – Tuesday, December 6th 2011 [ME NewsWire] (BUSINESS WIRE)– Moody’s Analytics, a leader in risk measurement and management, today announced the launch of RiskAuthorityTM, its next generation regulatory capital management solution. A comprehensive Basel I, II, and III compliance solution, RiskAuthority enables risk professionals to calculate, consolidate and report their organization’s credit, market, [...]

Digital uptake will help fuel region’s above-average growth; Region to be new economic power, predicts TNS chief; TNS leads consumer & digital intelligence in Arabia

Digital uptake will help fuel region’s above-average growth; Region to be new economic power, predicts TNS chief; TNS leads consumer & digital intelligence in Arabia

Dubai, UAE November 2011: As buoyant growth shifts towards emerging markets, the GCC region looks set to emerge as the new economic power by 2020, according to Steve Hamilton-Clark, CEO of leading custom consumer research house, TNS MENA. “The GCC will see continuous development and show above-average growth at 3.9 per cent in 2012, compared [...]

Tourism set to play catalyst in Turkey’s growth; Investors in Turkey hungry for market information

Tourism set to play catalyst in Turkey’s growth; Investors in Turkey hungry for market information

Tourism sector in Turkey remains ripe and untapped Central Asia & Turkey Hotel Investment Conference (CATHIC) February 6-8 2012, Istanbul Istanbul, Turkey November 2011: The outlook of the Turkish tourism industry is more buoyant than ever, with an increasing number of international and local hotel companies investing in the sector, said Jonathan Worsley, Chairman of [...]

A Polish Delegation Headed by Undersecretary of State, Ministry of Foreign Affairs, Shows keen Interest in Jafza

A Polish Delegation Headed by Undersecretary of State, Ministry of Foreign Affairs, Shows keen Interest in Jafza

Visiting officials explore possible avenues of co-operation with the free zone DUBAI, United Arab Emirates – Tuesday, November 15th 2011 [ME NewsWire] Polish Undersecretary of State, Ministry of Foreign Affairs, Ms. Beata Stelmach, together with top officials and businessmen from Poland visited the Jebel Ali Free Zone (Jafza) and held talks with Jafza officials to [...]

GEW 2011 kicks-off Tomorrow in Jordan

GEW 2011 kicks-off Tomorrow in Jordan

13 November 2011, Amman – In synchronization with 110 other countries, Jordan hosts the Global Entrepreneurship Week 2011 (GEW) for the third consecutive year on Monday, and continues its activities in various cities around Jordan until next Sunday (20th) evening.

Mobile technology invasion expected in Dubai this week

Mobile technology invasion expected in Dubai this week

The world’s leading mobile experts are meeting in Dubai this week for the Connected World Forum which will showcase next-generation mobile applications and services in the money, health, education and agricultural sectors. “Mobile technology is increasingly facilitating the way consumers worldwide spend, save, learn and monitor their health”, says Andrea Monteiro, director of the Connected [...]

Gemalto reports third quarter 2011 revenue

Gemalto reports third quarter 2011 revenue

AMSTERDAM – Thursday, October 20th 2011 [ME NewsWire] Revenue of main segments1 up by 7% at constant exchange rates Secure Transactions grows by 22% Strong NFC and LTE Software & Services developments in Mobile Communication Objectives for 2011 confirmed All variations are at constant exchange rate except where otherwise noted. Variations at historical rates are [...]

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