FINANCE & ECONOMY

13 Jan 2015

SES and Luxembourg Government Plan to Launch Satellite in Late 2017

SES (NYSE Paris:SESG) (LuxX:SESG) announced today that it plans to launch a dedicated satellite for governmental use in partnership with the Luxembourg Government in late 2017. A Luxembourg-based company jointly held by SES and the Luxembourg Government is planned to own and operate the"...

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13 Jan 2015

QNB: Financial Results for the Year Ended 31 December 2014

QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, continued to record robust growth in profitability, with Net Profit for 2014 amounting to QR10.5 billion"...

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13 Jan 2015

HolidayMe Partners with Emirates NBD to offer an interest free instalment plan to all its customers!

HolidayMe, the Dubai-based travel start-up that launched its operations in the Middle East in the month of November 2014 has partnered with Emirates NBD to offer a 0% Instalment Plan. Through"...

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13 Jan 2015

Disney Consumer Products Gears Up for a Powerful Year from Pixar

Disney Consumer Products today unveiled exclusive details about the new global toy lines celebrating Disney∙Pixar’s Inside Out andThe Good Dinosaur, debuting theatrically in the U.S. on June 19, 2015, and Nov. 25, 2015, respectively. Both movies will have robust toy lines from best-in-class"...

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13 Jan 2015

Dealertrack Ownership in incadea plc Exceeds 98%

Dealertrack Technologies (Nasdaq: TRAK) today announced that the acceptance conditions have been satisfied and all other conditions to the December 18, 2014, cash offer for the entire issued and to be issued share capital of incadea plc (LSE AIM: INCA) have been satisfied or waived. Accordingly,"...

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13 Jan 2015

Meggitt Training Systems Awarded $31.7M US Marine Corps Indoor Simulated Marksmanship Trainers (ISMT) Contract

Meggitt Training Systems has been awarded a $31.7 million contract from the US Marine Corps Systems Command (MARCORSYSCOM) Program Manager for Training Systems (PM TRASYS) to develop and deliver the Indoor Simulated Marksmanship Trainers (ISMT) system for the US Marine Corps. The ISMT system"...

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12 Jan 2015

Egypt's Bisco Misr shareholders agree to sell $125 mln worth of shares to Kellogg, bidding ends

Shareholders controlling 86 percent of shares in Egyptian biscuitmaker Bisco Misr agreed to sell their shares to U.S. firm Kellogg for a total of $125 million by the time bidding ended on Sunday, the Egyptian stock exchange said.

...

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12 Jan 2015

Egypt, Gazprom to Conclude LNG Deal Later This Month

Egypt and Russian energy major Gazprom are expected to complete LNG deal later this month, according to news agency Reuters.


A Gazprom delegation would visit Egypt in mid-January, Egyptian Oil Minister"......

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12 Jan 2015

Eni signs agreement for new exploration block in Egypt

Italy’s Eni has signed a new Concession Agreement to operate in the South-West Melehia block in the Western Desert of Egypt, following the Egyptian General Petroleum Corporation (EGPC) 2013 international competitive bid round.

South-West Melehia is operated by Eni through its subsidiary IEOC, which holds a 100% stake. The block covers an area of...

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12 Jan 2015

Egypt's New President Blasts Islamic Extremists

In a bold yet little-reported speech, The President of Egypt has directly confronted Islamic leaders in his country and challenged them to stand against extremism in their religion.

"We are in need of a religious revolution," President Abdel-Fattah el-Sisi told imams on New Years Day at al-Azhar University in Cairo. The speech commemorated the birthday...

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