LONDON - Wednesday, October 9th 2013 [ME NewsWire]

    Fastest growth in five years of 7.7%
    Revenues improve across all service lines and geographies
    Emerging-market practices see combined revenue growth of 12%
    Headcount reaches all-time high of 175,000

(BUSINESS WIRE) EY today announced combined global revenues of US$25.8 billion for its financial year ended 30 June 2013. This represents 7.7% growth over the previous financial year in local-currency terms - EY’s fastest growth since 2008. Revenues grew 5.8% in US dollar terms. All EY’s service lines and geographies continued to grow revenues and headcount despite uneven market conditions in many parts of the world.

 "I congratulate our 175,000 great people around the world for providing exceptional, high quality service to our clients, contributing to our strong sense of purpose, and delivering an impressive set of results. Every ... Read more »

Doha, Qatar - Jeudi 10 Octobre 2013 [ME NewsWire]

QNB Group, la banque la plus forte au monde, pionnière au Moyen-Orient et en Afrique du Nord, a annoncé aujourd'hui ses résultats pour les neuf mois achevés le 30 septembre 2013. Ces résultats comprennent les résultats financiers de la NSGB en Égypte, où le groupe a conclu l'acquisition d'une participation majoritaire de 97,12% en mars 2013.

Durant les neuf premiers mois de l’année 2013, le bénéfice net a atteint 7.1 milliards QAR (équivaut à 2.0 milliards), une hausse de 14,1% par rapport à la même période de l'an dernier.

La politique prudente du contrôle des coûts du groupe et la forte capacité de produire des revenus lui ont permis de maintenir un ratio d'efficacité (coût par rapport au revenu) de 20,4%, ce qui est considéré comme l'un des meilleurs ratios entre les institutions financières de la régio ... Read more »

ME NewsWire

Abu Dhabi, United Arab Emirates - Tuesday, October 8th 2013

The Abu Dhabi Police General Headquarters, represented by the Sports Section at the Strategy and Performance Development Department, organized the 2013 open Road Race Championship on Tuesday morning. The championship, in cooperation with the Abu Dhabi Sailing and Yacht Club, took place along the Abu Dhabi Corniche, with the participation of 700 staff members from Abu Dhabi Police GHQ and the Ministry of Interior.

Major General Staff Dr. Obeid Al Kutbi, Deputy Commander-in-Chief of Abu Dhabi Police took part in the championship, along with Major General Mohammed bin Al Awadhi Al Menhali, Director General of Police Operations at Abu Dhabi Police; Major General Dr. Ahmed Nasser Al Raisi, Director General of Central Operations; and a number of high ranking officers, non-commissioned officers and constables.

The six-kilometer race started from the Abu Dhabi Corniche at the intersection with ... Read more »

Doha, Qatar - Wednesday, October 9th 2013 [ME NewsWire]

 QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, announced its results today for the nine months ended 30 September 2013. These results include the financial results of NSGB in Egypt, in which the Group concluded the acquisition of a controlling stake amounting to 97.12% in March 2013.

For the nine months of 2013 Net Profit was QR7.1 billion (USD2.0 billion), up by 14.1% compared to the same period last year.

The Group’s prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 20.4%, which is considered one of the best ratios among financial institutions in the region.

Total assets increased by 24.5% from September 2012 to reach QR437 billion (USD120.0 billion), the highest ever achieved by the Group. This was the result of a strong growth rate of 27.4% in loans and advan ... Read more »

ABU DHABI, United Arab Emirates - Wednesday, October 9th 2013 [ME NewsWire]

To mark the 30th anniversary celebrations of the Abu Dhabi Women’s Association, the Police Music Band performed traditional and popular music pieces at the Beach Rotana Hotel in Abu Dhabi.

Ms Fatina Al Sarraj, Chairwoman of the Abu Dhabi Women’s Association, lauded the ADP Music Band’s participation in the celebration. She indicated that the Abu Dhabi Police is a strategic partner to the various state institutions and organizations, and a police entity with a humanitarian and societal message, reflected through its participation in the different community and humanitarian events.

During the celebration, the Abu Dhabi Police Music Band presented a musical military parade as well as a number of national and traditional pieces from its distinguished music portfolio, highly acclaimed by the audience. The national music pieces included; "Aala Khalifa Salam”; "DaryAlamha”; "Allah Ya Dar”; "Ana Ju ... Read more »

Dubai, United Arab Emirates - Monday, October 7th 2013 [ME NewsWire]

TECOM Media Cluster which consists of Dubai Media City, Dubai Studio City and International Media Production Zone, on today welcomed Brian Tracy, one of the world’s leading keynote speakers, to address the top management of companies based in the business parks in a special event titled ‘Achieving Exceptional Leadership Success’.

During this one off event, Brian Tracy unveiled the best ways to accelerate leadership success, addressing the seven key skills of top leaders worldwide. CEOs, CFOs and COOs from the media community gained an insight into how to achieve consistent high sales and profitability in their business, and learnt about the special skills and abilities used by top industry professionals worldwide.

Brian Tracy is an internationally acclaimed key note speaker, addressing more than 250,000 people each year, and has addressed more than 5 million people in 5,000 talks around the world ... Read more »

NEW JERSEY - Wednesday, October 9th 2013 [ME NewsWire]

(BUSINESS WIRE) The electroceuticals healthcare company, electroCore, has expanded its portfolio of vagus nerve stimulation (VNS) delivery technologies by signing a development agreement with waveCore – the pioneers of externally powered VNS (xVNS) technology. waveCore has agreed to pay electroCore $14 million based on development milestones.

waveCore has the rights to a technology capable of transmitting both the signal and power from a transmitter outside the body to a miniature implanted vagus nerve electrode. waveCore, which initially secured the rights to the technology in May 2013, is a company owned by the founding shareholders of electroCore.

The first milestone payment of $2 million will be paid immediately to electroCore, to achieve the first in man pilot study. Following this milestone, a second $4 million payment will be made to achieve FDA approval of pivotal study, and the final $8 million will be ... Read more »

NIKE Brand expected to deliver nearly $10 billion in incremental revenues by FY17

BEAVERTON, Ore. - Thursday, October 10th 2013 [ME NewsWire]

Innovation Agenda Continues to Drive Strong Revenue Growth

(BUSINESS WIRE) NIKE, Inc. (NYSE:NKE) today provided an overview of its progress on key strategic initiatives to achieve sustainable, profitable long-term growth. During an investor meeting at its world headquarters in Beaverton, Ore., the Company stated it expects to deliver revenues of $30 billion by fiscal year 2015, at the top end of its previously announced fiscal year 2015 target range of $28-30 billion and shared a new fiscal year 2017 revenue target of $36 billion. Additionally the Company reaffirmed its long-term financial model of high single-digit revenue growth, mid-teens earnings per share growth and expanding returns on capital.

"NIKE, Inc. is designed to win. We’ve never been better positioned to capitalize on the opportunities ahead of us,” sai ... Read more »

Abu Dhabi, United Arab Emirates - Tuesday, October 8th 2013 [ME NewsWire]

Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, received in his office Mr. Kareem Sinjari, Minister of Interior of Kurdistan Regional Government (Iraqi Kurdistan) and the accompanying delegation.

During the meeting, both parties tackled a number of issues of mutual interest and ways to enhance and develop relations between both countries, as well as means to share experiences in police and security work.

Moreover, His Highness hosted a lunch banquet in honor of his Iraqi Kurdistan counterpart and members of the delegation at Capital Gate Hotel in Abu Dhabi.

The meeting and lunch were attended by Major General Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of HH Deputy Prime Minister and Minister of Interior; Major General Khalifa Hareb Al Khaili, Assistant Undersecretary of the Ministry of the Interior for Resources and Supp ... Read more »

ME NewsWire / Business Wire

TOKYO - Wednesday, October 9th 2013

Toshiba Corporation (TOKYO:6502) today announced that it will launch SPDT (Single Pole Double Throw) switch ICs that support the DisplayPort™ 1.2 (5.4Gbps) and 1.1a (2.7Gbps) digital display interfaces. The "TC7DP612MT” is designed for the ATX motherboard form factor, and the "TC7DP615MT” for the BTX motherboard form factor. Mass production is scheduled to start in December.

The new ICs enable routing of 4-lane DisplayPort™ signals, a 1-lane auxiliary (AUX) signal and 2-line hot plug detect signals; they also support switching of HDMI® signals. The ICs reduce switch terminal capacitance and realize wide bandwidth characteristics of 10GHz at -3dB, securing high-speed transmission with lower signal degradation.

Key Features of New Products 1. Allow routing of DisplayPort™ signals (Data: 4 lanes, AUX signal: 1 lane, hot plug detect signals: 2 lines) or HDMI® signals (Data: 3 lanes, Clock s ... Read more »