Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar - Al Meera cancels MoU with Regency Group, Aramex  Join our daily free Newsletter

MENAFN - The Peninsula - 06/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - The Peninsula) Al Meera Consumer Goods yesterday announced the memorandum of understanding (MoU) that it signed with both Regency Group Holding and Aramex International Courier Express-Qatar stands cancelled. The MoU was signed in December 2012 for the purposes of entering into a partnership or joint venture with the parties to build, operate, promote and partner in a logistics facility and services business in Qatar



Consolidated volumes slip 3.8pc: DP Worl



DUBAI: Dubai's DP World, the world's third biggest port operator, said yesterday its consolidated container volumes slipped 3.8 percent in 2013 after the firm sold one of its Hong Kong assets, but rose 0.7 percent on a gross like-for-like basis



DP World, one of the more profitable assets of Dubai World, said terminals controlled by the company handled 26 million TEU - or twenty-foot equivalent container units - during the year. This compares to 27.1 million TEU in the year-earlier period



But gross volumes - which include more terminals - rose slightly i like-for-like terms, DP World said. The port operator has been selling assets globally, exiting markets where it does not have a significant presence and seeking to redeploy funds in fast-growing markets




Lazard expands Middle East asset managemen



DUBAI: Lazard Asset Management (LAM) said it would expand its Middle East operations by hiring the former regional asset management team of ING Group NV, which resigned from the Dutch firm in Dubai earlier this week



A subsidiary of US-based Lazard, LAM will focus on equities in the Middle East and North Africa and frontier markets with the Dubai-based team of six



Farah Foustok will be managing director and senior executive officer at LAM's Dubai office, while Fadi Al Said will be director and portfolio manager, Lazard said



The team resigned en masse on Monday from ING Investments Middle East, and the Dutch company, still struggling to pay back the state after a 2008 bailout, then said it was shutting its regional asset management operations.




 


The Peninsula




  MENA News Headlines
 Jul 24 2016 - Two Israeli Reconnaissance Planes Violate Lebanon's AirspaceQatar News Agency
(MENAFN - Qatar News Agency) Beirut, July 23 (QNA) - An Israeli reconnaissance plane has violated the Lebanese airspace above Lebanon's Alma Shaab and flew over Iqlim Kharroub region, as indicated by ...

 Jul 24 2016 - Mass Hunger Strike in Protest of Israel's Detention of PalestiniansQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 23 (QNA) - A mass hunger strike across Israeli prisons continued on Saturday in protest of Israel";s detention of Palestinians without charge or trial, ...

 Jul 24 2016 - EU Condemns Kabul AttacksQatar News Agency
(MENAFN - Qatar News Agency) Brussels, July 23 (QNA) -The EU has condemned an attack in Kabul earlier today at a march in which 80 people were killed and over 200 injured. A statement by Maja ...

 Jul 24 2016 - Turkey Forms State of Emergency Coordination CommitteeQatar News Agency
(MENAFN - Qatar News Agency) Ankara, July 24 (QNA) - Turkey has formed a state of emergency coordination committee chaired by Prime Minister Binali Yildirim, according to the Official Gazette. The ...

 Jul 24 2016 - Israeli Army Injures One Palestinian, Arrests Three OthersQatar News Agency
(MENAFN - Qatar News Agency) Ramallah, July 24 (QNA) - Israeli soldiers invaded, at dawn Sunday, the town of Silwad, east of the central West Bank city of Ramallah, shot and seriously wounded one ...

 Jul 24 2016 - Bahrain to launch USD526m market revampMENAFN
(MENAFN) Bahrain's government has announced a USD526 million project to revamp Bahrain's Manama Central Market.In detail, the project is still awaiting approval, six months after it was suspended ...

 Jul 24 2016 - Enec, KHNP shake hands on support services dealMENAFN
(MENAFN) The Emirates Nuclear Energy Corporation (Enec) and Korea Hydro & Nuclear Power (KHNP) have inked an operating support services agreement (OSSA) for the Barakah nuclear power plant in Abu ...

 Jul 24 2016 - QIA, Douglas Emmett acquires USD225m LA office buildingMENAFN
(MENAFN) Qatar Investment Authority (QIA) has announced the acquisition of a mega office property in Los Angeles in joint venture with Douglas Emmett, a real estate investment trust (REIT.In detail, ...

 Jul 24 2016 - WEEK AHEAD: Blue-chips aplenty due to update marketProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) The week ahead is set to be a busy one as blue-chips race to get their results out before people head off on holiday. The first of the big companies reports on ...

 Jul 24 2016 - Italian banking crisis may not spill over to global economy: QNBGulf Times
(MENAFN - Gulf Times) Italian banks are in 'trouble” because of their 'large stock of bad loans” QNB said although it does not foresee the trouble 'spilling over” to the wider ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help