Finance & economy

April 24, 2015

1

Pershing Square Holdings, Ltd. Releases Regular Weekly Net Asset Value as of April 21 2015

Regulatory News:

Pershing Square Holdings, Ltd. (ticker: PSH:NA) today released its regular weekly Net Asset Value (NAV) on its website, www.pershingsquareholdings.com. The NAV was computed as of the close of business on Tuesday, 21 April 2015.


PSH NAV per share as of close of business on 21 April 2015 was USD27.94.


Weekly net asset value is calculated"......

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April 24, 2015

2

International General Insurance Holdings Limited Announces Net Profits of US$ 34.34 Million for 2014

International General Insurance Holdings Limited (IGIH) today reported earnings for the 2014 financial year. The Group announced net earnings of US$ 34.34 million for the financial year of 2014, an increase of 9.9% compared to US$ 31.26 million for the financial year of 2013.


Commenting on the results, Mr. Wasef Jabsheh, Vice Chairman and Chief Executive Officer of IGIH,"...

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April 23, 2015

3

Customs investigate into 500 corruption, currency smuggling and money laundering-related cases

Surveillance customs central department opened investigations into 580 corruption cases in Jan-March. Of them, there were 300 cases related to currency smuggling and money laundering. Economic institutions, Algerian and foreign importers were involved, Echorouk has learnt.


A total of 1,500 cases were introduced to justice. Fines exceeded 18 billion DZ.

...

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April 23, 2015

4

Global oil market: Mexico highlights importance of Algerian initiative

Mexico highlighted Wednesday the importance of the Algerian initiative aiming at launching dialogue between OPEC member and non-member countries, in a view to regulating the market by reducing the output, said a joint communiqué released at the end of working visit to Algeria of Mexican Secretary for Foreign Relations Jose Antonio Meade Kuribrena.


"Speaking about"...

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April 23, 2015

5

Toshiba Receives Order to Supply Steam Turbines and Generators for Norte III Combined Cycle Power Plant in Mexico

Toshiba Corporation (TOKYO:6502) today announced that it has received an order to supply two sets of steam turbine and generators (STG) for the Norte III Combined Cycle Power Plant in Chihuahua, Mexico. Toshiba will start delivery of STG to the site from August 2016 and the plant is scheduled to come on line in August 2017.


Norte III will be owned and operated by Abengoa,"...

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April 23, 2015

6

Hitachi Selects Quake Global as a Partner for M2M Telecommunications Products

Quake Global, Inc. (QUAKE), a leading provider of mobile communication devices for M2M (machine-to-machine) markets, announced an agreement with Hitachi to supply a variety of telecommunications solutions for Hitachi’s Construction Machinery deployed worldwide.


Quake Global’s product family for Hitachi establishes a new era in the ability to both monitor and control Hitachi’s assets as well as other"......

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April 23, 2015

7

ZTE First-Quarter Profit Jumps 41.9% as M-ICT Strategy Spurs Growth

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today reported first-quarter net profit rose 41.9%, as the company’s new M-ICT strategy generated new growth avenues.


Net profit attributable to shareholders of the listed company increased to RMB 883 million"...

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April 23, 2015

8

DoubleTree by Hilton Brand Launches in Santiago, Chile

DoubleTree by Hilton today celebrated the opening of DoubleTree by Hilton Santiago – Vitacura, the first property in Chile for the brand and the first full-service Hilton"......

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April 22, 2015

9

Algerian-Rwandan Joint Commission of Cooperation to meet by end of 2015

The Algerian-Rwandan Joint Commission of Cooperation will meet by the end of 2015 in Algiers, said Tuesday Foreign Minister Ramtane Lamamra.


"The meeting of the Algerian-Rwandan Joint Commission of Cooperation will be held by the end of the year, in Algiers, in line with the decision of both presidents, in a bid to assess the bilateral relations," Lamamra said on the"...

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April 22, 2015

10

Businessman Ali Haddad met with four ambassadors at once

Businessman and Chairman of the Heads of Institutions, Ali Haddad, responded to the criticism against him regarding his meetings with ministers of Abdelmalek Sellal government, and the ambassadors of the world's major capitals to Algeria, through programming four separate meetings, on Thursday with Britain, Germany, Switzerland and Tunisia ambassadors.

Heads of Institutions Forum revealed in a statement, that the head of the organization,"...

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