Commandos answer SOS from Saudi, Indian vessels, scare off pirates Nov 12, 2008
This time, the message was that Indian merchant vessel Jag Arnav which is owned by the Mumbai-based Great Eastern Company and was eastward bound after transiting through the Suez Canal a few days earlier was being ambushed by another band of pirates in two boats about 60 nautical miles east of Aden. The Chetak was then diverted towards Jag Arnavs position, about 25 nautical miles away from INS Tabars location, with instructions to Tihama to follow the Indian frigate for safety. (Times of India)
Senators suspect railway dealings Jun 5, 2008
The senators' national security concerns hearken back to a 2006 controversy over the Bush administration's approval of a deal allowing Dubai Ports World, a Middle Eastern company, to oversee terminals at six U.S. ports. The company pulled out amid congressional outcry. (USA Today)
Small steps taken toward energy independence May 5, 2008
"There is absolutely no reason why we should be paying that sum to a Middle Eastern company for fuel, when it is readily available from companies here in America," Craven added. Biodiesel is made from vegetable oil or animal fat and is biodegradable, non-toxic and typically produces 78 percent less net carbon emissions than petroleum-based fuels. (Council Bluffs Daily Nonpareil, IA)
'Fortress America' opensin Baghdad Apr 18, 2008
Construction of the embassy in Baghdad had been greatly complicated by several factors, including a fast-track building plan that had kept key State Department inspectors out of the loop until the building was largely done, changes made on the spot by the project manager without complete documentation, and cultural differences between State and a Middle Eastern company working on its first embassy project. advertisement. (MSNBC -- Race)
Middle Eastern Leadership Style Apr 12, 2008
The tone of communication used in a Middle Eastern company depends on the speaker s social position and power. Therefore, a genius-level American software developer might experience culture shock when a senior executive from an Arabian company raises his voice during an interview. (Suite101.com)
Columbia engineering firm gets work on Orangeburg distribution center Mar 25, 2008
But that deal fell through after congressional objections to a Middle Eastern company handling the sensitive job. . (Orangeburg Times and Democrat, SC)
Spanish buyers return to the table Feb 26, 2008
Miguel Angel Perez's niche distribbery Karma Films extended its solid relationship with Mongolian helmer Byambasuren Davaa, buying his upcoming "The Two Horses of Gengis Khan, sold by Atrix Films. Karma also closed Intermedia Cinemas monastery drama Ostrov (The Island), by Russian Pavel Lungin. Links posted in this story: , , , , , , , , , , , , , , , , , , , , , , , , Presented by the American Cinematheque. Clips produced by Sunita Surajan/ Variety. You can barely go a week without... (Variety)
Microsoft is finally growing up Feb 23, 2008
An inside look at how a huge Middle Eastern company wants to remake the developing world in its hometown's image. Banker Coskun Ulusoy turned fund OYAK into a major financial player, enriching Turkey's military retirees along the way. (CNNMoney.com)
CineVegas, Silent Theater on 'Edge' Feb 21, 2008
You can barely go a week without hearing of yet another billion-dollar deal inked between a U.S. studio and a Middle Eastern company. . (Variety)
'Elite Squad' wins Golden Bear Feb 18, 2008
Elite Squad' wins Golden Bear - Entertainment News, Web Exclusive, Media - Variety. Elite Squad' wins Golden Bear Padilha drama tops Berlin Film Festival By Posted: Sat. (Variety)
Berlin film market: Calm & collected Feb 12, 2008
Berlin film market: Calm, collected - Entertainment News, Film News, Media - Variety. Berlin film market: Calm, collected Deals get done but momentum missing By Posted: Mon. (Variety)
US studios, Middle East make deals Feb 12, 2008
MORE FESTIVAL ARTICLES DreamWorks most recent company to partner2/8/08 7:30pm Program a 'full-blown success,' producers say2/8/08 7:30pm Progress expected for long-term prospects2/8/08 7:30pm Financier has become major European player2/8/08 7:30pm LONDON -- While the U.S. wrestles with the threat of its economy going into recession, it seems you can barely go a week without hearing of yet another billion-dollar deal inked between a U.S. studio and a Middle Eastern company ... You can barely go a... (Variety)
Government committee says Sweden's OMX would profit from Nasdaq takeover Jan 26, 2008
9 billion cash offer for the exchange as part of a deal with Nasdaq that would give the Middle Eastern company cash and new Nasdaq shares. Sponsored Links. (San Diego Union-Tribune -- Business)
Canada Clarifies Guidelines for Acquisitions by Foreign, State-Run Firms Dec 8, 2007
Abu Dhabi National Energy Co., a power generator and oil producer controlled by the United Arab Emirates, announced in September it would acquire PrimeWest Energy Trust for about C$4 billion excluding debt, the third Canadian purchase this year by the Middle Eastern company. Rio Tinto Group. (Bloomberg -- Canada)
STMB finds another possible buyer for stake Nov 19, 2007
He said the Middle Eastern company had strong distribution network in the continent (Middle East) and would facilitate in the distribution of its products there. Malaysia's first Islamic insurer received Bank Negara's green light last month to commence negotiations with the Abu Dhabi-led consortium for the sale of a strategic stake in the group. (The Star Online, Malaysia)
Nasdaq amends debt financing commitment Oct 5, 2007
Nasdaq and Dubai initially stuck a complicated deal as part of which the Middle Eastern company would sell its OMX shares to Nasdaq for a 20 percent stake in the U.S. exchange. Dubai's rival Qatar then began acquiring OMX shares, buying up nearly 10 percent. (ABC News -- Wire)
PrimeWest Units Fall on Possible Government Limits of Foreign Takeovers Oct 4, 2007
This is the third Canadian purchase this year by the Middle Eastern company known as Taqa. Taqa is expected in November to close its acquisition of Pioneer Natural Resources Co.'s Canadian assets for $540 million. (Bloomberg -- Canada)
Abu Dhabi National to Buy Sep 26, 2007
A Middle Eastern company has found a new frontier for its growing energy investments: North America ... The deal by the Middle Eastern company, known as TAQA, is its third in Canada and triples its investment in the Canadian energy sector to $7. (Wall Street Journal)
Smith & Wesson: Armed and Prosperous Sep 10, 2007
Eastern Company (amex: - - ) dropped 2. 28% to $19. (Forbes -- Markets)
Abu Dhabi steps further into Canada's oil patch Aug 24, 2007
Taqa, as the company is known, became the first Middle Eastern company to be an owner in the Canadian oil patch in May, with the purchase of Calgary-based Northrock Resources Ltd. for $2-billion (U.S.) from Pogo Producing Co. of Houston. This is the fifth overseas acquisition by the company since November, according to Bloomberg, as the company aims to produce 100,000 barrels of oil a day. (Globe and Mail)
Verizon: Vodafone acquisition would face serious CFIUS scrutiny but overall approval likely Jul 18, 2007
The Dubai Ports World situation, in which US ports were not allowed to be acquired by the Middle Eastern company following CFIUS approval, could prove to be where the US is heading in terms of approving foreign-based companies acquiring US assets, he argued. A few months ago, few in Washington would have thought that, he added. (FT.com -- Markets)
Vote goes against Walgreens plan Jul 13, 2007
" Attorney John Fallon, who represented the applicant, Walgreens Eastern Company, Inc. said, "We are disappointed, and we recommend that client appeal the decision. We have a judicial appeal pending. (Fairfield Minuteman, CT)
Boeing, ALAFCO Sign for 10 Additional 787s Jul 8, 2007
"We're proud to be the first Middle Eastern company to purchase the 787-8 and we're extremely pleased to have quickly placed all of the 787s in our initial order with Kuwait Airways," said Mr. Alzabin. "We have decided to move quickly on acquiring additional 787s as we see continued strong market demand for this revolutionary airplane and we wish to offer airlines the airplane that is setting new standards in operational efficiency and reliability." ALAFCO became a publicly traded company in... (PR Newswire)
Middle East makes inroads into Alberta oil patch May 30, 2007
Northrock president David Pearce said he thinks that, assuming Investment Canada approves the deal, it would make TAQA the first Middle Eastern company to become an owner in the Canadian oil patch. It is my understanding through preliminary discussions that they have a desire to diversify into relatively secure geographies. (Globe and Mail -- Business)
Universal park set for Dubai May 1, 2007
30-day news archives. "The executives on the project are hoping for as many as 5 million visitors a year.In addition to the theme park, Universal City Dubailand will include hotels, shopping, commercial offices and homesites."There is no doubt that the new project will contribute to highlighting Dubai as a global tourist destination, providing thetourism sector -- one of Dubai's most active sectors -- with a strong drive to further diversify the economy," Al Muntafiq said. "Universal City... (Florida Today)
--WND Exclusive-- Mar 19, 2007
The deal would have turned over U.S. port operations to the Middle Eastern company. A public outrage ensued, forcing Dubai Ports World to scuttle their plan. (WorldNetDaily)
Boeing receives more than $4.5B in plane orders Mar 12, 2007
The leasing company says it's the first Middle Eastern company to buy the Everett-built 787-8 airplane. Volga-Dnepr Group of Moscow has ordered five Boeing 747-8 freighters worth $1. (Puget Sound Business Journal, WA)
EMP reviews bids for stake in Kangean Feb 28, 2007
It also reported that Mitsubishi had beaten Marubeni Corp, a Middle Eastern company and the Kuwait Foreign Petroleum Exploration Company in competing for the stake. Herwin said that there were a number of factors that needed to be considered before EMP could decide on the exact percentage of the stake that would be sold. (Jakarta Post, Indonesia -- Business)
