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finance & economy |
Oman, Qatar sign agreement to modify air transport pact
April 17, 2018
A protocol on amendment of the air transport agreement between the Sultanate of Oman and Qatar was signed on Monday. The signing comes within the efforts of the Public Authority for Civil Aviation (PACA) for enhancement of the air transport system . The agreement was signed on behalf of the Sultanate Dr. Mohammed bin Nasser Al Za’abi, Chief Executive Officer of the PACA. It was signed on behalf of the Qatari side by Abdulla bin Nasser Al Subaey, chairman of the Qatar Civil Aviation Authority"...
Qatar to Invest in Iran’s Southern Ports
April 17, 2018
Qatar plans to invest in the development of southern ports of Iran to help expand economic cooperation and increase bilateral trade, the director of Qatar Ports Management Company said at a press conference in Bushehr earlier this week. “Qatar has long-term plans to increase trade ties with Iran and invest in its southern ports, which have an economic advantage for both countries … We firmly seek expansion of bilateral relations and"...
QU launches press to produce books
April 17, 2018
Qatar University (QU) has launched the “QU Press” at the research complex yesterday, aimed at producing academic books, which tackle Middle Eastern topics, it was announced. The QU Press also aims to produce books discussing other contemporary scientific matters proposed by governmental institutions, centres, academics, researchers, graduate students and other institutions in Qatar, the region and the world. The QU Press will act as a new unit within the Office of Vice President for Research and Graduate"...
QU launches press to produce books
April 17, 2018
Qatar University (QU) has launched the “QU Press” at the research complex yesterday, aimed at producing academic books, which tackle Middle Eastern topics, it was announced. The QU Press also aims to produce books discussing other contemporary scientific matters proposed by governmental institutions, centres, academics, researchers, graduate students and other institutions in Qatar, the region and the world. The QU Press will act as a new unit within the Office of Vice President for Research and Graduate"...
Munich Re’s ALLFINANZ Spectra Turns Pre-Assessment Chaos into Instant Sales, STP and Analytics
April 17, 2018
(AETOS Wire)-- Munich Re Automation Solutions Ltd, the global leader in digital new business and underwriting solutions, again disrupts life insurance automation by releasing ALLFINANZ Spectra. Cloud-based Spectra turns an inefficient pre-assessment process into closed sales. Spectra promotes the buying decision into the first two minutes of contact. Agents or prospects enter minimal data and watch Spectra"...
FedEx Freight President & CEO Michael L. Ducker to Retire August 15
April 17, 2018
(AETOS Wire) -- FedEx Corporation (NYSE:FDX) today announced that Michael L. Ducker, President and CEO of its FedEx Freight subsidiary, will retire effective August 15, 2018. Ducker took the helm at FedEx Freight in 2014 after spending close to 40 years at FedEx Express. His successor will be named later. “For more than 43 years, Mike Ducker has answered the call when FedEx asked him to lead in each new opportunity"...
P&G Announces New Environmental Sustainability Goals Focused on Enabling and Inspiring Positive Impact in the World
April 17, 2018
(AETOS Wire) -- The Procter & Gamble Company (NYSE:PG) today announced it has achieved many of its 2020 environmental sustainability goals, has plans in place to meet the rest and has established new, broad-reaching goals for 2030. The new goals, titled “Ambition 2030,” aim to enable and inspire positive impact on the environment and society while creating value for the Company and consumers. “We"...
Iran-Qatar gas field output up to 84 mln cubic meters: Pars CEO
April 16, 2018
The production of the Iranian-Qatari South Pars gas field is planned to shoot up to 84 million cubic meters per day in months' time, Iran's Pars Oil and Gas Company's CEO Mishkin Fam said Sunday. 'With the completion of the first phase of the production chain in phases 13, 14, 22, 23 and 24 of the South Pars field in the first half of the current year (beginning on March 21), three billion cubic feet of gas (84 million cubic meters) will be added per day,' he was quoted by Fars news agency as saying. ...
RMZ buys $1 billion shares back, blocks Embassy
April 16, 2018
RMZ, one of India’s largest business park developers, has struck a nearly $1-billion deal to buy back shares held by Qatar Investment Authority (QIA) and Baring Private Equity Partners, thwarting a hostile bid by crosstown Bengaluru rival Embassy Group. The promoters of RMZ — billionaire brothers Raj and Manoj Menda — purchased 45% shares held by the two investors in possibly the largest buyback by a private company in recent times. The holding company, RMZ Infotech (RIPL), operates about 24 million sqft of fully leased office buildings with a projected net operating income of Rs 2,000 crore annually. The Menda brothers, both of whom are RMZ corporate chairman, confirmed the share buyback deal, which is being paid out through bank financing and internal accruals, and said the family was consolidating all the established, fully tenanted business parks under the holding company.......
MOI asks owners of impounded vehicles to pay up or lose vehicles
April 16, 2018
General Directorate of Traffic has asked owners of impounded vehicles to pay penalties and take them before May 15, 2018. The penalty has to be paid at the Investigation Section at Industrial Area Street No (52). According to the statement, 'owners of impounded vehicles, which have been kept under custody for 3 months or more, are to contact the Investigation Section...complete"...
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