The Peninsula Classics Best of the Best Award for 2016 Awarded to 1954 Maserati A6GCS/53 Berlinetta by Pinin Farina August 16, 2017

At a highly-anticipated private gathering during the famed Monterey Car Week, a 1954 Maserati A6GCS/53 Berlinetta by Pinin Farina, from the Monaco-based Destriero Collection, was named winner of the prestigious second-annual The Peninsula Classics Best of the Best Award. Only four Berlinetta-bodied sports cars from Pinin Farina were ever produced, and this exquisite model is considered to be the best preserved, as it is the only one that retains its original chassis and body. Custom ordered by the Roman dealer of the marque, the sports car is based on the very successful 2-liter racing car developed by the Maserati brothers. Its uncompromising sporting style is highly representative of the coachbuilding artistry of the 1950s, helping it win Best in Show at last year’s Concorso d’Eleganza Villa d’Este. Originally debuted at the 1954 Paris Motor show, the automobile was first......

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Julphar Reports First Six Months Earnings August 16, 2017

Julphar, the largest generic pharmaceutical manufacturer in Middle East and North Africa (MENA), announced sales revenue of AED 639 million in the first semester of the year 2017. The company posted a net profit of AED 64 million.

Julphar’s Chairman, His Highness Sheikh Faisal Bin Saqr Al Qasimi, said: “Julphar is now moving forward towards achieving its objectives for 2020 to stay at the top of the regional market. We are very proud of"...

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CMB Successfully Goes-Live on Murex’s MX.3 Platform August 16, 2017

Murex, a global leader in trading, risk management and processing solutions, is pleased to announce the successful launch of the MX.3 platform at China Merchants Bank (CMB). As one of China’s largest commercial banks, CMB financial market department currently averages 8,000 trades per day with a portfolio of 320,000 live trades on MX.3.

CMB decided to launch the project to implement an enterprise-wide solution for their capital markets teams based"...

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Registration open for governor-led trade mission to Jordan and Israel August 16, 2017

World Trade Center Utah is currently accepting registrants for a governor-led trade mission to Jordan and Israel Oct. 22 through 26.

“The trade mission to Jordan and Israel presents a unique opportunity for companies to explore business opportunities in the Middle East,” Derek B. Miller, president and CEO of the organization, said in a statement. “Companies can increase their opportunities to do business in these countries by taking"...

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Jordan urges reopening of Iraq border, expediting pipeline project

Foreign Minister Ayman Safadi on Thursday urged Iraq to expedite efforts to reopen Amman-Baghdad road and implement the planned Iraqi oil pipeline. He also called for supporting the private sectors in the two countries to further develop trade relations and serve mutual interests. At a meeting with Iraqi Prime Minister Haider Abadi, he congratulated him for liberating Mosul and the victory against terrorism, the Jordan News Agency, Petra, reported. For his part, Abadi stressed his country's keenness on developing cooperation in various fields, stressing Baghdad’s determination to reopen the highway and the Tureibil border crossing. Abadi said his country was taking the necessary measures to reopen the highway as soon as possible, taking into consideration safety issues. During the meeting, the two officials discussed economic and trade cooperation, in addition to the situation......

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Registration open for governor-led trade mission to Jordan and Israel
August 16, 2017

World Trade Center Utah is currently accepting registrants for a governor-led trade mission to Jordan and Israel Oct. 22 through 26.

“The trade mission"...

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SolarReserve Signs Agreement with South Australian Government for 150 Megawatt Solar Thermal Project with Energy Storage
August 16, 2017

SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, South Australia. The GPA with the State Government of South Australia was signed today at a ceremony with Jay Weatherill, Premier of South Australia, and Energy Minister Tom Koutsantonis. “The Port Augusta story is a stark example of the transition of the South Australian economy, with the closure of a dirty coal fired power station, and now the commissioning......

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Jordan's Unemployment Rate Hits 16-Year High, According to New Figures
August 16, 2017

The unemployment rate in 2016 increased by 1.6 per cent, reaching 15.3 per cent, compared to 13.7 per cent in 2000, the Department of Statistics (DoS) announced on Sunday.

Unemployment"...

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