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FINANCE & ECONOMY

May 3, 2012

Canada expands trade with Morocco and the Middle East

Canada signed a Memorandum of Understanding (MOU) on agricultural co-operation with Morocco last month.

The MOU will foster stronger ties between the two countries by enhancing the exchange of knowledge, adding value to Canada and Morocco's co-operation and trade agenda, and offering a platform for Canadian business.

Agriculture Minister Gerry Ritz...

May 3, 2012

Executive Line launches original Organic Rooibos tea in UAE

Organic Rooibos is a unique tea from the Western Cape region of South Africa and has been enjoyed by South Africans for more than 100 years. Over the last few decades Rooibos has gained in popularity the world over and can be found in societies as diverse as Japan, China, Western and Eastern Europe, UK, USA, Africa, Pacific Rim and now the Middle East. The unique...

May 3, 2012

Date palm research proposal wins major Qatar award

A proposal that addresses major challenges to date palm research in Qatar has won the first award of the National Priorities Research Programme - Exceptional Proposal (NPRP-EP).

The awarded proposal, "Establishing world leadership in date palm research in Qatar" was submitted by Professor Karsten Suhre, Director of the Bioinformatics Core at Weill Cornell...

May 3, 2012

Harland Financial Solutions Announces Alliance with Rockboro Analytics

Harland Financial Solutions announced today its alliance with Ireland-based Rockboro Analytics. Rockboro’s expertise in rating model development and consulting, combined with Harland Financial Solutions’ CreditQuest® Rating Manager software solution, will provide a holistic"...

May 2, 2012

Lion Capital to Acquire European Optical Retailer from Bridgepoint, Apax and Altamir Amboise

Lion Capital is to acquire European optical retailer Alain Afflelou from funds managed by Bridgepoint and Apax Partners France and Altamir Amboise in a secondary buyout transaction. Founded in France in 1972, Alain Afflelou is a European optical franchisor with a network of nearly 1,100"...

May 2, 2012

Expert warns on risks of sewage in sea water

An expert from Kuwait Institute for Scientific Research (KISR) has warned against the effects of flow of sewage into the sea waters, particularly on marine living creatures. Dr Noura Al-Jandal made the warning, in a lecture titled “Together towards sustainable development,” organized by Kuwait Society of Engineers (KSE) in cooperation with KISR. Dr...

May 2, 2012

AIM likely to double Pak-UAE bilateral trade, says Fahim

Pakistan is all set to participate in the Annual Investment Meeting (AIM) being held in Dubai from May 1-3.

It is expected the outcome of the meeting will double the bilateral trade with the UAE and will also help in bringing investment from around the world.

Makhdoom Amin Fahim, Federal Minister for Commerce along with Sindh Chief Minister Syed...

May 2, 2012

Local trader given two weeks to dispose of pirated products

The Saudi Ministry of Culture and Information gave two weeks to a Saudi trader in the Batha commercial area to dispose of all pirated products from his stores in compliance with the Kingdom's anti-piracy laws.

"The Saudi trader got wind of the fact that our inspectors had been monitoring his operations and went to the ministry to say that he be given enough...

May 2, 2012

Marchon Eyewear Announces Acquisition of Dragon Alliance

Marchon Eyewear today announced the purchase of Dragon Alliance, one of the world’s leading goggle and eyewear brands in the action sports market.


Will Howard, founder and CEO of Dragon said, “This is a very significant day for Dragon. We are very excited about becoming part of the Marchon family."......

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