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
 Aug 5 2015 - Jordan to host the UN-supported Global Forum on Youth, Peace and SecurityJordan News Agency
(MENAFN - Jordan News Agency) The Hashemite Kingdom of Jordan, in partnership with the United Nations and international civil society organizations, will host the first Global Forum on Youth, Peace ...

 Aug 5 2015 - Jordan, Saudi Arabia to bolster strategic, military cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Jordan and Saudi Arabia agreed Tuesday to bolster bilateral strategic, economic, military, and security cooperation between the two countries, in addition to ...

 Aug 5 2015 - EU gives 12 mln euro in new aid for crisis in YemenKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Commission announced Wednesday that it is increasing its humanitarian aid by 12 million euro for people affected by the crisis in Yemen.Out of the 12 ...

 Aug 5 2015 - UK to extend air strikes over IraqJordan News Agency
(MENAFN - Jordan News Agency) The UK is to extend air strikes by RAF Tornados against the Islamic State group(ISIS), by an extra year, to March 2017, the defense secretary has said.Michael Fallon, ...

 Aug 5 2015 - U.S. Puts new sanctions on energy networks helping SyriaJordan News Agency
(MENAFN - Jordan News Agency) The U.S. Department of Treasury said late Monday, it placed sanctions on international networks allegedly providing energy products to the Syrian regime of Bashar al ...

 Aug 5 2015 - Jordan rejects plans to reduce UNRWA's servicesJordan News Agency
(MENAFN - Jordan News Agency) A Jordanian parliament's committee for Palestine affairs, on Tuesday, discussed plans by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to ...

 Aug 5 2015 - 200 Palestinian children locked up in Israeli jailsJordan News Agency
(MENAFN - Jordan News Agency) Israel continues its aggression against Palestinian children in the occupied territories, despite calls to end the ill-treatment of minors during and after arrests.The ...

 Aug 5 2015 - India- Amrapali Fincap gets listed with BSE SMEKNN India
(MENAFN - KNN India) One more firm, Amrapali Fincap Limited, got listed with the BSE SME platform today taking the total number of listed companies to 104. "Trading Members of the Exchange are hereby ...

 Aug 5 2015 - UAE du net profit plunges 8 percent in Q2MENAFN
(MENAFN) UAE's second-largest telecom operator du reported an 8 percent decline in its net profit in the second-quarter period, matching analysts' estimates.The telecom operator, which was introduced ...

 Aug 5 2015 - Most sectors of Riyadh real estate market see limited growth in second quarter, says JLLThe Arabian Post
(MENAFN - The Arabian Post) JLL, the world's leading real estate investment and advisory firm, today released its second quarter (Q2 2015) Riyadh Real Estate Market Overview that asses the latest ...

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