http://www.zawya.com/ en-us Copyright 2012 Zawya Ltd. All rights reserved. Wed, 30 May 2012 23:37:45 GMT 20 144 76 http://www.zawya.com/rssnews/ http://www.zawya.com/images/ui/img-logo-zawya.png Cairo, EFG Hermes, the leading investment bank in the Arab world, issued today the following statement in response to recent queries from, and reportage by, certain local media outlets in Egypt:EFG Hermes Holding SAE was founded in 1984 and is the leading investment bank in Egypt and the Arab world. The firm's activities in the Egyptian market generate approximately 35% of the firm's http://www.zawya.com/story/Statement_from_EFG_Hermes-ZAWYA20120530140143/ Wed, 30 May 2012 14:01:00 GMT Press Release ZAWYA20120530140143 Open KUWAIT, May 30 (KUNA) -- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah attended on Wednesday the ceremony marking the 60th anniversary of the National Bank of Kuwait (NBK) at Al-Rayah Hall in Sharq. His Highness' convoy was greeted upon arrival by NBK's Board Chairman Mohammad Abdelrahman Al-Bahar, deputy Chairman Naser Musaed Al-Sayer, CEO Ibrahim Dabdoub, and senior bank staffers http://www.zawya.com/story/HH_Amir_attends_NBKs_60th_anniversary_ceremony-KUN0045120530113040/ Wed, 30 May 2012 13:38:44 GMT KUNA (Kuwait News Agency) KUN0045120530113040 Open Kuwait's Aref Energy Holding Co. said that shareholders have accepted the offer made by local firm Development Enterprises Holding Co., or DEH, to acquire all shares in the company after getting approval from the relevant authorities. http://www.zawya.com/story/Kuwait_Aref_Energys_shareholders_accept_KFH_unit_buyout_offer-ZW20120530000115/ Wed, 30 May 2012 12:55:21 GMT Zawya Dow Jones News ZW20120530000115 Subscription Siniora Food Industries P.L.C., a leader in the manufacturing of meat, cold cuts and a variety of luncheons, announced an unprecedented achievement in financial results at the end of 2012's first quarter. http://www.zawya.com/story/Siniora_Food_Industries_PLC_announces_its_Q1_results_of_2012_recording_a_49_increase_in_sales-ZAWYA20120530123743/ Wed, 30 May 2012 12:37:00 GMT Press Release ZAWYA20120530123743 Open Xstrata, a global diversified mining group, said that, Qatar Holding LLC, is now interested in 272,252,996 shares in the company, representing 9.067% voting rights. http://www.zawya.com/story/Xstrata_Qatar_Holding_buys_more_shares_now_holds_9067_voting_rights-ZW20120530000109/ Wed, 30 May 2012 11:43:34 GMT Zawya Dow Jones News ZW20120530000109 Subscription 30th May 2012: The National Bank of Fujairah (NBF) announced that it has donated AED 100,000 to the Angel Appeal, a charitable initiative that cares for seafarers off the east coast of the UAE. The funds will go towards fuelling the "Flying Angel", a boat that provides welfare and communication services to seamen at anchor off the coast of Fujairah. http://www.zawya.com/story/National_Bank_of_Fujairah_partners_Angel_Appeal_in_its_support_of_seafarers_off_the_coast_of_the_UAE-ZAWYA20120530114120/ Wed, 30 May 2012 11:41:00 GMT Press Release ZAWYA20120530114120 Open Al Ansari Exchange, the UAE's largest exchange network that provides worldwide remittance and foreign exchange services, has announced the launch of the "Al Ansari Rewards - Summer Promotion 2012", offering AED 2 million in cash prizes to customers, in addition to 10 Nissan cars. The promotion runs from June 1 to July 31. http://www.zawya.com/story/Al_Ansari_Exchange_to_give_away_AED_2_million_and_10_Nissan_cars_as_part_of_summer_rewards_program-ZAWYA20120530113205/ Wed, 30 May 2012 11:32:00 GMT Press Release ZAWYA20120530113205 Open Global Investment House ("Global" or the "Company") announced its financial results for the quarter ended 31 March 2012. http://www.zawya.com/story/Global_announces_its_first_quarter_2012_financial_results-ZAWYA20120530111231/ Wed, 30 May 2012 11:12:00 GMT Press Release ZAWYA20120530111231 Open Dubai, 30 May, 2012: In line with its aim to inform the local community of the latest financial software and systems adopted in the UAE; the Ministry of Finance (MoF), in cooperation with National Bank of Abu Dhabi (NBAD), are organising a workshop on methods of using the second generation of the e-Dirham system and of its various properties. The workshop will take place on Sunday June 3, 2012 http://www.zawya.com/story/MoF_and_NBAD_Organise_a_Workshop_on_Applications_and_Properties_of_the_Second_Generation_of_the_eDirham_System-ZAWYA20120530111129/ Wed, 30 May 2012 11:11:00 GMT Press Release ZAWYA20120530111129 Open The 'Letters of Credit: Practical and Legal Issues' seminar, organised by Dubai Chamber's Legal Services Department, examined some of the lessons to be learned from cases that have http://www.zawya.com/story/Dubai_Chamber_legal_seminar_examines_letters_of_credit-ZAWYA20120530105711/ Wed, 30 May 2012 10:57:00 GMT Press Release ZAWYA20120530105711 Open Gulf stock markets end mixed Wednesday; volumes light as concerns about the euro zone continue to weigh on sentiment. http://www.zawya.com/story/Gulf_markets_end_mixed_volumes_light_euro_zone_concerns-ZW20120530000107/ Wed, 30 May 2012 10:53:59 GMT Zawya Dow Jones News ZW20120530000107 Subscription TOKYO, May 30 (KUNA) -- Dagong Global Credit Rating Co., Ltd., China's leading credit rating agency, on Wednesday assigned a local and foreign currency sovereign credit rating of AA to Kuwait, each with a stable outlook, the official Xinhua News Agency reported. "The rating reflects the country's robust fiscal and foreign exchange strength, as well as its complex geopolitical environment and econo http://www.zawya.com/story/Chinas_top_rating_agency_gives_AA_to_Kuwaits_sovereign_credit-KUN0016120530083033/ Wed, 30 May 2012 10:41:15 GMT KUNA (Kuwait News Agency) KUN0016120530083033 Open New specialized training courses on mobile backhaul for 2G, 3G and 4G http://www.zawya.com/story/Tellabs_joins_forces_with_Spectrum_Training_to_strengthen_telecom_expertise_in_the_Middle_East-ZAWYA20120530095347/ Wed, 30 May 2012 09:53:00 GMT Press Release ZAWYA20120530095347 Open Kuwait's Global Investment House said its loss narrowed to 11 million Kuwaiti dinars ($39.4 million) in the first quarter of 2012 from a loss of KWD22 million in the year earlier period. http://www.zawya.com/story/Global_Invest_House_1Q_loss_narrows_to_KWD11m_vs_KWD22m_year_ago-ZW20120530000099/ Wed, 30 May 2012 09:48:52 GMT Zawya Dow Jones News ZW20120530000099 Subscription Dubai, May 30th, 2012 (WAM) -- The Ministry of Finance (MoF), in cooperation with National Bank of Abu Dhabi (NBAD), are organising a workshop on methods of using the second generation of the e-Dirham system and of its various properties to inform the... http://www.zawya.com/story/MoF_and_NBAD_to_organise_workshop_on_eDirham_System-WAM20120530094008468/ Wed, 30 May 2012 09:36:02 GMT WAM (Emirates News Agency) WAM20120530094008468 Open http://www.zawya.com/story/Market_And_Corporate_Developments_David_Verghese_Fund_Manager_at_Emirates_NBD_Asset_Management_looks_at_market_and_corporate_developments-DE120530080819109152/ Wed, 30 May 2012 08:08:19 GMT Dubai Eye DE120530080819109152 Open Muscat: Some of the top women in insurance sector spoke about how women can reach the top of their field at an inspiring seminar called 'women in insurance', hosted by Al Ahlia insurance Company. About 70 women working in various insurance companies and in the public sector in Oman heard from three women who advised them on how to succeed in their careers. Sayyida Rawan Ahmed Al Said, Al Ahlia http://www.zawya.com/story/Al_Ahlia_focuses_on_upliftment-ZAWYA20120530074802/ Wed, 30 May 2012 07:48:00 GMT Times of Oman ZAWYA20120530074802 Open Regional stock markets are likely to adopt a mostly risk averse attitude Wednesday, tracking Asian equities, as worries spiral over the fallout from Spain's credit downgrade even as concerns over Greece ease a touch. http://www.zawya.com/story/Gulf_markets_seen_cautious_as_Asian_shares_slide-ZW20120530000004/ Wed, 30 May 2012 05:17:37 GMT Zawya Dow Jones News ZW20120530000004 Subscription The Islamic Development Bank (IDB) is exploring social and financial inclusion opportunities in the UK including the provision of community-based microfinance, SMEs (small-and-medium-sized enterprises) financing and technical assistance programs. http://www.zawya.com/story/IDB_exploring_microfinance_options_in_UK-ZAWYA20120530044003/ Wed, 30 May 2012 04:40:00 GMT The Saudi Gazette ZAWYA20120530044003 Open Wednesday, May 30, 2012 (This story was originally published Tuesday.) BEIRUT (Zawya Dow Jones)--Kuwait's legislative and executive authorities intend to discuss in the near future a draft law to establish a regulatory body to supervise the Gulf... http://www.zawya.com/story/Kuwait_Plans_To_Set_Up_Regulatory_Body_To_Supervise_Insurance_Sector-ZW20120529000115/ Wed, 30 May 2012 03:54:20 GMT Zawya Dow Jones News ZW20120529000115 Subscription