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 in 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
 Sep 2 2015 - Three key foreign currencies linked to Dubai real estate price declineThe Arabian Post
(MENAFN - The Arabian Post) Today, Phidar Advisory released its Q3 mid-quarter Dubai residential research note. The report shows that residential prices in the third quarter of 2015 continue to ...

 Sep 2 2015 - Gulf management need to take more risks and drive innovation, says global surveyThe Arabian Post
(MENAFN - The Arabian Post) Management in the Gulf need to take more risks and develop staff to think creatively, according to a new global innovation survey designed to help companies stop wasting ...

 Sep 2 2015 - Falling oil prices create headwinds for the UAE's real estate marketsThe Arabian Post
(MENAFN - The Arabian Post) UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with ...

 Sep 2 2015 - India- Crop insurance period for non-loanee farmers extended till September 15KNN India
(MENAFN - KNN India) The Government has intended period of for non-loanee farmers form July 31, 2015 to September 15, 2015 under National Agricultural Insurance Scheme."This will benefit farmers of ...

 Sep 2 2015 - Moscow Denies Sending Warplanes to Syria to Fight DaeshQatar News Agency
(MENAFN - Qatar News Agency) A source in the Russian defense ministry denied today reports about Russia sending warplanes to Syria to fight Daesh.The source said in a statement to Russian television ...

 Sep 2 2015 - Israeli Occupation Forces Arrest 4 PalestiniansQatar News Agency
(MENAFN - Qatar News Agency) Israeli occupation forces arrested today two youths from Silat al-Harithiya and Kafr Dan villages, west of Jenin. They also arrested two boys from the town of Beit Ummar ...

 Sep 2 2015 - Qatar- Real Estate Trades Exceeded QR 500 Million Last WeekQatar News Agency
(MENAFN - Qatar News Agency) The total trading value in real estate sales contracts registered with the Land Registry Department of the Ministry of Justice during the period August 23-27 reached QR ...

 Sep 2 2015 - Qatar Development Bank Launches Al-Fikra CompetitionQatar News Agency
(MENAFN - Qatar News Agency) Qatar Development Bank (QDB) announced today the launch of the fourth edition of Al-Fikra competition for start-ups, in collaboration with a host of sponsors and ...

 Sep 2 2015 - Qatar's Fertilizer Output Triples in a Decade Says GPCA ReportQatar News Agency
(MENAFN - Qatar News Agency) Qatar accounts for the second largest share of fertilizer production at 10.7 million tonnes in the GCC, according to the GPCA's Fertilizers Indicators report. Qatari ...

 Sep 2 2015 - Qatar- Economy and Commerce Ministry Recalls 2014-2015 Jeep Cherokee CarsQatar News Agency
(MENAFN - Qatar News Agency) The Ministry of Economy and Commerce, in cooperation with Jeep dealer, recalled 2014-2015 models of Jeep Cherokee due to a defect in the operation of the airbag ...

more...


 






Google

Click to Apply

 
 

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