SANTA CLARA, Calif. - Monday, April 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- eASIC Corporation, a provider of Single Mask Adaptable ASIC™ devices today announced that NEC Corporation, a provider of leading solutions in the microwave backhaul market, is using eASIC’s Nextreme-2 product to optimize the performance and power of key functionality in their iPasolink backhaul products.

The rapidly growing microwave backhaul market is becoming more power sensitive while at the same time requiring significant increases in performance. NEC are using the fast turnaround time and low power benefits of eASIC Nextreme-2 Single Mask Adaptable ASIC devices to quickly enable differentiating advantages compared to other providers using FPGAs, as their products ramp to high volume with the global roll out of LTE.

“Our customers, the global oper ... Read more »

LAUSANNE, Switzerland - Tuesday, April 15th 2014 [ME NewsWire]
(BUSINESS WIRE)-- The tribunal assigned to hear Philip Morris Asia’s (PMA) challenge to Australia’s plain packaging law today decided to divide the proceedings in the case into two phases – one to decide certain questions related to jurisdiction and a second to hear the arguments at the core of the case. Commenting on the decision, Philip Morris International’s Vice President, Communications Julie Soderlund said:
“Australia’s plain packaging law entails the destruction of brands. It is evident that brands are core to consumers' understanding of the intrinsic characteristics of a product and of their ability to differentiate. Brands drive the creativity and innovation that propel economies. Building a brand is a long-term, significant investment that international law protects from arbitrary government action of exactly the sort at the heart of our claim.
“To ... Read more »

NAWAH Port Management Will Quadruple Current Operational Footprint at Historic Port of Basra Through Revitalization, Investment Project

ME NewsWire/ Business Wire

Dubai, United Arab Emirates - Monday, April 14th 2014

NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings, announced today that it has entered into a formal agreement with Iraq’s Ministry of Transportation and the General Company for Ports of Iraq to quadruple the size of its terminal operations at the Port of Basra (also known as Al Maqal Port), Iraq’s historic port located in Basra’s city center on the Shatt Al Arab waterway.

By expanding its operations to a second terminal, NAWAH is building upon its commitment to modernize the Port of Basra, revitalizing the Shatt Al Arab as a major trade lane for industrial and commercial cargo alike.

“Basra is one of the most dynamic, fastest growing cities in the Arabian Gulf,” said ... Read more »

ABU DHABI, United Arab Emirates - Thursday, April 10th 2014 [ME NewsWire]

A delegation from the Ministry of Interior took part in the 19th World Conference on E-passport Public Key Directory (PKD) held recently in Paris.

Major General Ahmed Nasser Al Raisi, Acting Director General of Electronics and Telecommunications Services at the Ministry of Interior, stressed that this participation is in pursuance of the police leadership’s efforts to promote the exchange of Public Key Infrastructure and digital certificates, with a view to strengthening security and prevention efforts.

For his part, Lt. Colonel Khalid Nasr Al Tai'e, Head of the Electronic Auditing and Information Security and Head of the delegation noted that the semi-annual conference for digital certificates, aims to establish the general frameworks, policies and regulations to manage the exchange of Public Key Infrastructure and digital certificates between ICAO Member States that are requ ... Read more »

Abu Dhabi, United Arab Emirates - Friday, April 11th 2014 [ME NewsWire]

Sheikh Zayed bin Saif bin Zayed Al Nahyan; Sheikh Khalifa bin Saif bin Zayed Al Nahyan; Sheikh Zayed bin Hamed bin Zayed Al Nahyan and Sheikh Zayed bin Ahmed bin Zayed Al Nahyan, participated in the “Friends of the Police” recreational program. The program is organized by the Police officers Club in Al Ain, affiliated with the Clubs and Sports Activities Department at the Abu Dhabi Police GHQ.

They were briefed, along with the other students enrolled in the program, on the functions and tasks of the Air Wing Department at the Abu Dhabi Police. It is noteworthy that the department presented a thrilling live on rescuing and providing first aid treatment to the injured.

They were accompanied by Colonel Mohammad Suhail Al Rashidi, Deputy Director of Al Ain Police Directorate; and Colonel Hareb Khamis Al Khaili, Deputy Head of the Clubs Department at Abu Dhabi Police GHQ and Direct ... Read more »

ABU DHABI, United Arab Emirates - Thursday, April 10th 2014 [ME NewsWire]
The Abu Dhabi Civil Defense General Directorate urged its staff members to achieve and maintain excellence in delivering customer service, through a specialized training course organized in collaboration with Etisalat Academy. As many as 33 staff members from the Abu Dhabi Civil Defense General Directorate took part in the one-week course.
In a speech at the graduation ceremony, Colonel Juma Salim Al Dahmani, Assistant Director General of Civil Defense said that the training course is the first in a series of courses to be held by the Abu Dhabi Civil Defense General Directorate, with a view to improve its staff members’ performance. Moreover, he highlighted the importance of such programs to qualify and hone the skills of staff members. “The customer service excellence training course benefits individuals who deal directly with the public, and  allows them to develop their skills a ... Read more »

ABU DHABI, United Arab Emirates - Wednesday, April 9th 2014 [ME NewsWire]

In cooperation with Al Mafraq Hospital, the Abu Dhabi Police Juveniles Care Center organized a celebration on Tuesday to mark the occasion of the World Health Day, which is celebrated every year on the 7th of April.

Brigadier Ahmed Mohammed Nehkairah, Head of Human Rights Department at the Ministry of Interior, stressed the great attention devoted by the police leadership to provide juveniles with specialized care and rehabilitation as well as advanced programs to help integrate them into society. He also indicated that the World Health Day celebration is an occasion to enhance health education among this important segment of society and to raise their awareness on disease prevention.

“The comprehensive health care provided by the ADP Juveniles Care Center contributes to efficiently rehabilitate juveniles, thanks to the physical and psychological therapy; in addition to health awa ... Read more »

The exclusive long-term agreement with Bank Muscat is the widest-reaching bancassurance distribution partnership ever in GCC, building on AIG’s unrivalled global expertise and its strong and established bancassurance capabilities.

ME NewsWire/ Busines Wire

Dubai, United Arab Emirates - Sunday, April 13th 2014

Bank Muscat, the flagship financial services provider in the Sultanate of Oman, and American International Group, Inc (NYSE: AIG) today announced that they have entered into a 10-year strategic bancassurance agreement under which AIG will become the exclusive provider of non-life insurance products to Bank Muscat customers in Oman.

Bank Muscat is the leading bank in Oman and one of the leading bancassurance providers in the Middle East. The bank’s million plus customers and extensive distribution network of 138 branches throughout Oman offer the opportunity for significant insurance penetration within the country.

AIG, one of ... Read more »

Doha, Qatar - Mardi 15 Avril 2014 [ME NewsWire]

QNB Group, la plus forte banque au monde et la première banque au Moyen-Orient et en Afrique du Nord, a annoncé ses résultats pour les trois mois terminés le 31 mars 2014. Ces résultats comprennent les résultats financiers de la QNB ALAHLI en Égypte.

Pour les trois premiers  mois de 2014, le bénéfice net a atteint 2.4 milliards riyals qataris (668 millions de dollars), témoignant une hausse de 13,7% par rapport à l'année dernière.

La politique prudente de contrôle des coûts et la capacité de générer de forts revenus du Groupe lui ont permis de maintenir un ratio d'efficacité (coût par rapport au revenu) de 21,7%, considéré comme l'un des meilleurs ratios dans les institutions financières de la région.

Le total des actifs a augmenté de 20,6% par rapport à celui de mars 2013 pour atteindre 458 milliards riyals qataris (125.9 milliards de dollars), le taux le plus élevé jamais atteint par l ... Read more »

A Prestigious Achievement Attended by more than 60 Specialists

Abu Dhabi, United Arab Emirates - Wednesday, April 9th 2014 [ME NewsWire]

The UAE, represented by the Ministry of Interior’s Geographic Information System (GIS) Security Center at Abu Dhabi Police, has successfully passed the international voting to approve the GeoPolicing Data Model for law enforcement purposes, namely police, public safety and internal security, as an OGC Best Practice during the Open Geospatial Specifications Consortium (OGC) meeting held in the USA. Moreover, these specifications were adopted as a technical reference for police, public safety and security entities for the development and implementation of open standards for geospatial content and services, GIS data processing and data sharing.

This prestigious international achievement was accomplished in the presence of more than 60 professionals. The voting process was concluded during the periodic quarterly meeting of ... Read more »

Doha, Qatar - Wednesday, April 9th 2014 [ME NewsWire]

 QNB Group, the World’s Strongest Bank and the leading bank in the Middle East and North Africa, announced its results for the three months ended 31 March 2014. These results include the financial results of QNB ALAHLI in Egypt.

For the three months of 2014 Net Profit was QR2.4 billion (USD668 million), up by 13.7% compared to 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 21.7%, which is considered one of the best ratios among financial institutions in the region.

Total assets increased by 20.6% from March 2013 to reach QR458 billion (USD125.9 billion), the highest ever achieved by the Group. This was the result of a strong growth rate of 22.5% in loans and advances to reach QR317 billion (USD87.1 billion).

The Group was able to maintain the ratio of non-perfor ... Read more »

Courses to commence in September 2014 and focus on key growth areas of Dubai economy

Dubai, United Arab Emirates, - Wednesday, April 9th 2014 [ME NewsWire]

MENA College of Management, which aims to provide students with the academic knowledge and skills to succeed and contribute to the advancement of Health Management and other management fields, announces that it is establishing their operations in Dubai International Academic City (DIAC).

As a recognised institution from the Commission for Academic Accreditation of the Ministry of Higher Education and Scientific Research, MENA college is expected to commence their operations in September for the 2014/15 academic year.

The MENA College of Management has been set up to address the growing demands of industries operating in Dubai’s expanding economy by providing Bachelor’s degree programmes in the hospitality, health management and human resources sectors, these programmes are currently und ... Read more »