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GCC Business News - Global Arab Network
Focus on Somalia: Peace and Reconciliation Forum to be held in Dubai
Somalia Politics
President_Sheikh_Sharif_Sheikh_Ahmed
The Global Centre for Renewal and Guidance (GCRG) will host a summit in Dubai March 13-14, to call for reconciliation and peace in Somalia.
The Summit, which will be attended by President Sheikh Sharif Sheikh Ahmed
Read more...
 
H3C S9500E - Switching fabric to deliver double performance & reduce complexity
Technology
3Com_-_Middle_East__North_Africa
3Com Corporation (NASDAQ: COMS) has announced the H3C® S9500E modular switch chassis, a new enterprise core switch optimized for enterprise core and medium-sized data center networks.
Read more...
 
Steel pipe factory opened in Oman
Industry
Agenceis   
Steel_pipe_factory_oman
Oman Oil and Gas Minister, Dr. Mohammed bin Hamad al Romhi attended a celebration was held at Sohar Industrial Estate today to mark the opening of Gulf International Pipe Industry ("GIPI") ‘s pipe mill.
Read more...
 
$1.5 billion debt affected - Moody's reviews Qatar Telecom rating for possible downgrade
Finance
Posted by Rabih Serrai   
Qatar_Telecom_Qtel_copy
Moody's Investors Service today placed the A1 long term ratings for Qatar Telecom Q.S.C. ("Qtel"), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel's GMTN programme under review for possible downgrade.
Read more...
 
Vital Voices Global Partnership: Celebrating extraordinary Muslim women
Culture
By Salma Hasan Ali   
Vital_Voices_Global_Partnership
On 10 March, three Muslim women will be honoured alongside philanthropist Melinda French Gates and human rights activists Panmelo Castro from Brazil and Rebecca Lolosoli from Kenya, by Vital Voices Global Partnership,
Read more...
 
Fitch Affirms National Bank of Abu Dhabi at 'AA-' with Stable Outlook
Finance
Posted by Mohammed Almasri   
National_Bank_of_Abu_Dhabi
Fitch Ratings has today affirmed the National Bank of Abu Dhabi's (NBAD) Long-term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook. Fitch has affirmed NBAD's Short-term IDR at 'F1+', Support Rating at '1' and Support Rating Floor at 'AA-'.
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Moody's assigns ratings to US$7.5 billion note of Emirates NBD
Finance
Posted by Mokhtar Thabet   
National_Bank_of_Dubai_NBD-
Moody's Investors Service today assigned long-term senior and subordinated debt ratings to the US$7.5 billion medium-term note programme of Emirates NBD PJSC ('EmiratesNBD') and its special purpose issuing vehicle Emirates NBD Global Funding Limited ('EGF').
Read more...
 
Capital Intelligence affirms Bahrain-based Investcorp as profitability rebounded strongly
Finance
Investcorp
Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Bahrain-based Investcorp's Foreign Currency Long and Short-Term Ratings at BBB+ and A2 respectively. CI has also maintained Investcorp's
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ALHOSN University - UAE students to promote environmental protection
Culture
ALHOSN_University
DuPont has today (March 11, 2010), launched an initiative to encourage United Arab Emirates (UAE) students to generate ideas and develop innovative solutions to address prevailing global environmental challenges. 
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Oman, UAE to increase trade exchange over $2 bln
Economics
Agencies   
oman_port-q
Deliberations of Oman-UAE Supreme Joint Committee's Meetings were concluded in Muscat at the Al Bustan Palace Hotel today under the chair of Sayyid Ali bin Hamoud al Busaidi,
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Islamic principles versus Indonesia's democratic future
Opinion
By Blake Respini and Herdi Sahrasad   
indonesian_parliament-
A critical component of Indonesia's democratic future involves recognition of the special role of Islam in the state. Because most Indonesian Muslims want their government to respect Islamic customs even if they do not support the creation of an Islamic state,
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Lord Davies: UK and the Middle East remain great trading partners
Economics
By Lord Davies   
UK_Lord_Davies
Today the Minister for Trade, Investment and Small Business Lord Davies will lead a delegation of British companies to the UAE. Ahead of his visit he tells Global Arab Network why the UK and the Middle East region remain great trading partners.
Read more...
 
Fitch Affirms Abu Dhabi Commercial Bank's Support Rating at '1'
Finance
Posted by Gamal Ragay   
adcb_Abu_Dhabi_Commercial_Bank__uae
Fitch Ratings has today affirmed Abu Dhabi Commercial Bank's (ADCB) Support Rating at '1'.
The rating reflects the extremely high probability of support, should it ever be required, from the UAE authorities and the Abu Dhabi government,
Read more...
 
Fitch: Commercial Bank of Qatar ratings reflect strong credit fundamentals
Finance
Posted by Mohammed Almasri   
Commercial_Bank_of_Qatar
Fitch Ratings has today affirmed the Commercial Bank of Qatar's (CBQ) Long-term Issuer Default Rating (IDR) at 'A', Short-term IDR at 'F1', Individual Rating at 'C' and Support Rating at '1'.
Read more...
 
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