Monday , 24 September 2018

Business

Egypt – steel works: € 70 million in contracts for Danieli

CAIRO, Egypt, March 19, 2012/African Press Organization (APO)/ — Italy confirmed its role as Egypt’s top economic-trade partner. After the successes of Ansaldo (€245 million in contracts for an electrical power plant) and Technimont ($520 million in contracts for the construction of a fertiliser plant in Aswan), the Danieli firm signed a contract for €50 million for the construction of …

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Tunisia: “Transforming Partnerships towards a Green and Inclusive Africa”

The African Development Bank (AfDB) will hold its fourth annual Partnerships Forum on 22 – 23 March 2012 at Hotel Ramada Plaza-Gammarth in Tunis. The theme this year is “Transforming Partnerships towards a Green and Inclusive Africa”. Participants will include representatives of bilateral and multilateral donors, business sector, private foundations, knowledge institutions and CSOs. The choice of Inclusive and Green …

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Dubai Islamic Bank wins three Islamic Finance News awards

Dubai, March 17, 2012: Dubai Islamic Bank (DIB) announced today that it has won three awards at the prestigious Islamic Finance News Awards hosted in Dubai on 29thFebruary 2012. The bank won the awards in the “Corporate Finance,” “Restructuring” and “Structured Finance” Deal of the Year categories. Established in 2005, the Islamic Finance News Awards honour excellence in the Islamic finance industry. DIB was …

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Islam Analysis: Reviving a culture of entrepreneurship

The Muslim world and donors should use nongovernmental networks to nurture the dormant seeds of entrepreneurship, says Athar Osama. Entrepreneurship and innovation may look like inherently Western ideas in the twenty-first century. Yet they have been part and parcel of Muslim societies even before the heyday of the earliest Islamic Empire. Mecca, the birthplace of Islam, was long known as being …

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UnitedHealthcare International Launches Strategic Alliance to Offer Insurance in the Middle East

Seamless coverage for UnitedHealthcare’s ‘Global Solutions’ expatriate insurance clients in eight Middle Eastern countries  DUBAI, United Arab Emirates, Mar 14, 2012 (BUSINESS WIRE) — UnitedHealthcare International, a UnitedHealth Group UNH +0.11% company, is offering international insurance coverage to employers with employees in the Middle East through a new strategic alliance with Dubai-based Al Sagr National Insurance Co. This new alliance will provide local …

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Prepaid Middle East Awards; Finalists announced ahead of the summit

Prepaid Summit: Middle East 2012 Conference, Expo and Awards Networking Dinner, March 21 2012 Westin Dubai Mina Seyahi Beach Resort & Marina, Dubai www.vrl-financial-news.com  Inaugural Middle East Prepaid Awards in five key categories  More than 40 nominations across the region Local names such as Abu Dhabi Islamic Bank and RAK Bank chosen in multiple categories including Product Innovation UAE retailers MAF Finance, …

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Commitment to the MENA delivers results, with positive outlook for 2012

Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK), the fast growing multinational pharmaceutical group, with sales in more than 40 countries across Europe, MENA and the USA, reports its preliminary results for the year ended 31 December 2011. Group revenue increased by 25.6% to $918.0 million, with organic growth of 7.6%, in line with the company’s guidance. Adjusted operating profit grew by …

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Emerging Best Practices of Chinese Globalizers

Among China’s largest enterprises, “going out”—or globalization—is a central theme of business. Chinese companies are increasingly establishing operations in overseas markets. Along with this expansion comes the requirement to engage directly with local communities and improve them through corporate citizenship activities. However, the traditional view is that corporate citizenship will have a negative effect on corporate profits. As a result, …

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Global climate models ‘need regional sensitivity’

Global climate change models are of limited use to agricultural policymakers in some regions of the developing world, according to a report by theCGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS). The report was launched at the Climate Models and Farm Crop Forecasting in South Asia and Africa meeting last month (21 February). It focused on Eastern and Western Africa, and the …

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ICT uptake continues to accelerate across the Arab region

New figures released by the International Telecommunications Union show that information and communication technology (ICT) uptake continues to accelerate across the Arab region. But ITU underlines the need for more effort to be put into rolling out broadband infrastructure to meet burgeoning demand from a young, tech-savvy population. Data from ITU’s ICT Adoption and Prospects in the Arab Region 2012 …

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