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BUSINESS
| Greek pensioner, widow sue state over their bond losses |
| ATHENS - Two Greeks, a wealthy widow and a male pensioner, are suing the state for the money they have lost because of the country’s multi-billion euro debt restructuring, a court official said on Friday. |
| Pakistan to fabricate, sell ships |
| ABU DHABI - Pakistan is actively considering to fabricate and sell ships to the interested countries, which would add value to the business of defence production of Pakistan, Pakistan Ambassador to the UAE, Jamil Ahmed Khan has said. |
| Emirates NBD permits trading in AED |
| DUBAI - Emirates NBD Securities announced that it has made available more trading options for its customers through their Dirham bank account; this is yet another valuable opportunity for Emirates NBD Securities customers which allows them to trade on NASDAQ Dubai using their existing bank account in Dirham. |
| Mashreq wins two Mideast banking awards |
| DUBAI - Mashreq was recipient of two prestigious awards at Banker Middle East Product Awards 2012. The bank was awarded Best Branch Design Award and Best Islamic Investment Fund Award for Mashreq Al Islami Income Fund. |
| Canon hires president and CEO for EMEA |
| DUBAI - Canon, world-leader in imaging solutions, announced the appointment of Rokus van Iperen as the new President & CEO of Canon Europe, Middle East and Africa (EMEA). He becomes the first European to lead Canon’s business across the EMEA region, succeeding Ryoichi Bamba . |
| Dubai Metro helps boost property value by 34% |
| DUBAI - The Roads and Transport Authority, or RTA, stated that the Dubai Metro project, since operated in 2009, has had a positive contribution to the appreciation of the value of lands and commercial properties in the vicinity of the metro stations as well as areas linked by the feeder bus service by as much as 7 to 34 per cent. |
| Dewa honours 15 employees |
| DUBAI - Dubai Electricity and Water Authority, or Dewa, has honoured 15 distinguished employees, who received excellence awards during a ceremony held at its headquarters to recognise employee achievements during the fourth quarter of 2011. |
| Liberty felicitates trade partners |
| DUBAI - Liberty Automobiles Company, authorised dealer for Cadillac, Chevrolet, ACDelco and GM Parts, honoured its corporate customers and trade partners at the 16th Annual Customer Appreciation awards recently. |
| Power Plus gets Kuwait Quality Mark |
| DUBAI - Power Plus Cable, an ISO 9001:2008 certified, national company, having state of the art manufacturing facility in Fujairah, has been awarded with Kuwait Quality Mark for its excellence in quality. With this, the company is entitled to mark the Kuwait Quality Mark number on the cables being supplied to the State of Kuwait. |
| Fujifilm unveils 20 new ideas in the UAE |
| DUBAI - Fujifilm and Grand Stores unveiled 20 new ideas to improve photo imaging business in the UAE, recently. |
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