Category Archives: World News

World News

Developmental Projects in Ras Al Khaimah Presents an Investment Opportunities

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Obviously, most people around the world wants to have one or two vacation in one of the emirates in the UAE. Dubai receives numerous visitors in a year and currently, the GDP of the emirate is substantially dependent on tourism now. As most visitors will fly into Dubai, the fun and stay of vacations do not stay in Dubai. One hour away from Dubai is one of the emirates hosting some favorite developments in the United Arab Emirates – the Ras Al Khaimah (RAK).

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Ras Al Khaimah: Most Business Attractive Emirate in UAE

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The GCC region is a promising region for developmental projects and also record breaking projects. The region has attracted new and fresh projects in diverse sectors of infrastructure. As much as outsiders might want to see the entire emirates to be developing at the same rate, it is important to note the business environment for the various emirates, especially for foreign investors. The Ras Al Khaimah (RAK) is one of the emirates which currently represents marvelous investment opportunities to investors all around the world. Having received an award from the Financial Times as the “Most Attractive Place in the Middle East for FDI,” the emirate keeps spurring systems that enables and promotes investments.

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SWIFT LAUNCHES NEW REFERENCE DATA DIRECTORY FOR FINANCIAL INSTITUTIONS AND CORPORATES

New Bankers World Online service consolidates reference data and financial information from multiple sources creating one comprehensive source of financial data

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Zebra Technologies to Acquire Enterprise Business from Motorola Solutions for $3.45 Billion

Transaction strengthens Zebra’s asset tracking portfolio to create a global leader in Enterprise Asset Intelligence for the Connected Age

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New Zealand: Low Interest Rate Climate Sharpens the Underwriting Focus

New Zealand Non-Life & Life Market Review - April 7 2014.pdf

New Zealand Non-Life & Life Market Review - April 7 2014 (Acrobat Reader)

Source: ambest.com

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Barack Obama’s historical visit to Belgium: What does it mean to Africa?

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Global Reinsurance Financial Review: Could 2013 Be the Apex of the Next Few Years?

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New architecture prize aims to raise stature of Canada

OTTAWA, April 3, 2014The Royal Architectural Institute of Canada (RAIC) Foundation announces the launch of one of the largest architectural prizes in the world — the Moriyama RAIC International Prize.

Distinguished Canadian architect Raymond Moriyama established the prize together with the Foundation. To be awarded every two years, the prize consists of CAD $100,000 and a sculpture designed by Canadian designer Wei Yew.

“My hope is that this prize will raise not only the stature of the RAIC internationally, but also the stature of Canada, and inspire Canadians and Canadian architects to aspire higher,” says Moriyama, 84.

The prize is open to any architect, firm, or collaboration in the world for an outstanding building or project. It may also be granted to a non-architect for an exceptional contribution to architecture. The winner will be selected through an open, juried competition.

Submissions are due by August 1, 2014. The first award ceremony takes place in Toronto on October 11, 2014.

In addition, three students of Canadian schools of architecture will each receive scholarships of CAD $5,000. They will be chosen on the basis of a written essay.

The prize reflects Raymond Moriyama’s passion for architecture that has the power to transform society through humanistic values such as social justice, equality, and inclusivity.

“It is not a lifetime achievement award,” he says. “Anybody, young or old could apply and have a chance of winning.” Criteria include design excellence, client satisfaction, and quality of detail.

The idea first came to Moriyama in 1976 while on a three-month walk in the footsteps of Buddha through India and Nepal. More recently, he made a gift to the RAIC Foundation to create the prize.

Toronto-based Moriyama & Teshima Architects is known for many critically acclaimed projects including the Canadian War Museum in Ottawa and the Canadian Embassy in Tokyo.

The Foundation promotes excellence in architecture and exchange between Canadian and international architects, clients, and policy makers. Supported by donations, it aims to raise a $5-million endowment for the prize.

“Raymond Moriyama conducted his practice with a rare degree of humanity and humility,” says BarryJohns, chair of the RAIC Foundation Board of Trustees. “The prize is a testament to his vision and generosity.”

Prize details: http://www.raic.org/moriyamaprize

Moriyama’s biography: http://www.thecanadianencyclopedia.com/en/article/raymond-moriyama/

Source: raic.org

Photo: Courtesy of Courtesy of Moriyama & Teshima Architects

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Pakistan Oil & Gas 2014 Summit held on 19th-20th March, in Marriott Hotel, Islamabad

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Shell, Statoil and Chevron are amongst the candidates selected by the Ministry of Energy Myanmar to begin exploration activity in Myanmar’s offshore blocks

London 27/03/2014

In an announcement made by the MOGE dated 26/03/14 titled ‘selected candidates and related Blocks for Myanmar Offshore Blocks Bidding Round – 2013’ details of all the companies awarded offshore exploration rights were released.

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Poverty in Europe can be reduced by Islamic Microfinance

(Vienna – Austria). In Europe 80% of the people which account for 17% of the whole European population, are living below the poverty line of European countries which is increasing in consequences of current European financial crisis and unemployment, while the major portion of European poverty prevails in eastern European countries i.e. Romania, Armenia, Albania, Bulgaria and Greece where more than 20% people are suffering from poverty which is unfavorably increasing where such indicators are proving that the poverty has not only been the critical issue of Africa, Latin America or South Asia rather the European countries are also being affected by it adversely whilst this issue can be addressed through introducing Islamic microfinance in Europe, said by Muhammad Zubair Mughal, Chief Executive officer- AlHuda Centre of Islamic Banking and Economics (CIBE) while addressing to the 10th Global Microfinance Forum held on 21st March, 2014 in Vienna, capital of Austria which was attended by delegates, experts and researchers from more than 35 countries.

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Ministers and International Oil Companies meeting at the Pakistan Oil & Gas Summit on 19th-20th March

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Energy efficiency – Industry continues to jam on the brakes in 2014

Energy-intensive companies consider the raising of staff awareness a vital part of an efficient energy strategy. This approach requires technical knowhow as well as communication skills.

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GCC Growth Outpacing Developed,Other Emerging Insurance Markets

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3 Reasons for Attending FPSO 2014

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UPM and Metropolia proudly present: The Biofore Concept Car drives sustainable change through innovative use of biomaterials

The Biofore Concept Car showcases the use of UPM’s innovative biomaterials in the automotive industry. The majority of parts traditionally made from plastics are replaced with high quality, safe and durable biomaterials, UPM Formi and UPM Grada, which can significantly improve the overall environmental performance of car manufacturing. The Biofore Concept Car is designed and manufactured by students from the Helsinki Metropolia University of Applied Sciences.

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IRN launches the inaugural Iran Oil & Gas 2014 Summit

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