Coca-Cola Launches Anywhere in the World the Coca-Cola Anthem for the London 2012 Olympic Games
May 17, 2012
“Sport is music in the way that it has so many different natural rhythms…when I was recording the athletes I wasn’t really thinking of them in terms of athletes performing a sport, I was thinking of them as people in an orchestra.”Mark Ronson
Fusing the sounds of sport and music. Anywhere in the World, the anthem for the Coca-Cola London 2012 Olympic campaign, launched globally today. Available for purchase online,"......
Wells Fargo’s International Group Names Shoar Hassan Regional Manager for Middle East and North Africa
May 17, 2012
The Wells Fargo International Group, part of Wells Fargo & Company (NYSE:WFC), announced that Shoar Hassan has joined its Global Financial Institutions (GFI) group as regional manager for Middle East and North Africa. Based in Dubai, Hassan reports to Dilek Mutus, head of Wells Fargo’s GFI business for Turkey, Russia, Middle-East and Sub-Continent India.
Serving"...
A.M. Best Opens Office in the Dubai International Financial Centre
May 17, 2012
A.M. Best Co. is pleased to announce the opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The new office, located in Tower 2, Currency House, DIFC, will operate as A.M. Best MENA, South & Central Asia, servicing clients throughout the region and developing new relationships to continue to grow its insurance ratings franchise. Rating analytics will continue to be performed by teams based in London and Hong Kong. A.M. Best obtained the necessary approvals to establish within the"...
Pakistan-Iran cooperation will benefit both people: Pejman
May 16, 2012
Talking exclusively to Pakistan Observer Syed Muhammad Pejman Mayor of Mashhad (Iran’s second largest city), anticipated that signing of MoU declaring Karachi & Mashhad as sister cities, would prove to be the first step towards further expanding the bilateral relationship. Holding that exchange of expertise would benefit both the populace he offered full cooperation in all fields including energy, construction/engineering, mass transit/light railway, solid waste management, health, education & cultural promotion."...
Iran's aluminum production increases by 8.5 percent
May 16, 2012
An Iranian industrial official says the volume of aluminum production in the country increased by 8.5% during the past Iranian calendar year (ended March 19) compared to the corresponding period a year earlier.
Iranian Deputy Minister of Industry, Mine and Trade Vajihollah Ja'fari said on Tuesday that the production growth rate comes despite the fact that the world average yield increased by seven percent during the mentioned period.
He also put Iran's current per capita consumption of aluminum at 4.5 kilogram, noting that per capita aluminum consumption"...
Iran’s inflation rate rises to 21.8 percent
May 16, 2012
The inflation rate in Iran for the 12-month period ended to April 19 hit 21.8 percent, up 0.3 percent compared to the same period ended to March 19, the Mehr News Agency quoted the Central Bank as reporting.
The Subsidy Reform Plan has reduced Iran’s unemployment rate and helped maintain its economic growth this year despite speculation by some analysts of a surge in inflation, finance and economic affairs minister Shamseddin Hosseini said on February 17. The plan, launched in December 2010, allows the Iranian government to gradually slash subsidies on fuel, electricity, and...
Saudi Arabia to blacklist uncommitted job-seekers
May 16, 2012
Saudi Arabia will blacklist job candidates who miss interviews or training, as part of efforts to get more Saudi nationals working for private companies, the al-Eqtisadiah newspaper reported on Tuesday.
The move is designed to assuage concerns by companies that the labour market reform plans might force them to employ unmotivated workers.
"The Labour Ministry will issue 'blacklists' of Saudi job-seekers who had necessary and appropriate work opportunities and did not take them," the newspaper quoted Deputy Labour Minister Ahmed al-Humaidan as saying.
Foreign workers fill nine...
Suhail Bahwan Auto recognised ‘Nissan Champion Distributor’
May 16, 2012
Suhail Bahwan Automobiles, the exclusive dealer for Nissan in Oman, has once again been recognised as a ‘Nissan Champion Distributor’ by Nissan Motor Company Ltd, Japan.
The award was conferred to Suhail Bahwan Automobiles for achieving ‘excellent performance and demonstrating outstanding operational quality improvements’. Suhail Bahwan Automobiles had got this award consecutively for the last two years also. This unique award institutionalised by Nissan, Japan is conferred to distributors who deliver outstanding performance and is selected from across the globe...
Kuwait's Agility Q1 profit falls 8.1 pct as costs rise
May 16, 2012
Kuwait's Agility, the logistics firm facing U.S. fraud charges, reported an 8.1 percent drop in first-quarter profit as costs rose faster than revenue.
The firm made a profit of 7.1 million dinars ($25.44 million) in the three months to March 31, down from 7.7 million dinars in the prior-year period, it said in a bourse statement on Wednesday.
Total revenue for the quarter was 321.8 million dinars, up from 318.5 million dinars in the corresponding quarter of 2011, but this gain was outweighed by an increase in revenue costs, which rose 2.2 percent to 234.8 million dinars over the...
ROTA Distributes School Bags to Gaza Orphans
May 16, 2012
On the occasion of Palestinian Child Day, Reach Out to Asia(ROTA) and Islamic Relief celebrated with hundreds of orphans in Gaza Strip where hundreds of school bags, equipped with stationery, were distributed to the students of Gaza. With the support of the Qatar Ministry of Endowment, Islamic Affairs, Aljazeera Children Channel thousands of students are better equipped to go to school.
Distribution of school bags in Gaza marked the start of "Our Children, Our Future", a campaign launched by Aljazeera Children Channel, Qatar General Administration of Endowment and ROTA to distribute 80,000...
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