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Abu Dhabi National Energy Company TAQA proposed convertible notes assigned 'A' rating
Standard & Poor's Ratings Services said today it assigned its 'A' long-term debt rating to the proposed nondeferrable deeply subordinated mandatory convertible notes to be issued by United Arab Emirates (UAE)-based Abu Dhabi National Energy Company PJSC (TAQA; AA-/Stable/A-1+).
United Arab Emirates: Thursday, July 24 - 2008 at 14:53

SAP forms strategic alliance with Kuwait University
SAP Middle East & North Africa announced yesterday that it has formed a strategic partnership with Kuwait University to create the country's first SAP University Competence Center (UCC), a comprehensive certification program designed to support the needs of Kuwait's growing knowledge-based economy.
Kuwait: Thursday, July 24 - 2008 at 12:10

Takaful expected to develop into alternative insurance business model
The global takaful sector is expected to continue its rapid growth and become a significant contributor to the global 'risk transfer' market place, according to a report published by Standard & Poor's Ratings Services.
Middle East: Thursday, July 24 - 2008 at 10:08

Schroder ISF Global Climate Change outperforms global markets in first year
Schroder ISF Global Climate Change celebrates its first anniversary with a return of +3.6%versus -10.7% for the MSCI World index, outperforming the index by 14.3% since its launch last year.
United Arab Emirates: Thursday, July 24 - 2008 at 08:26

USAID announces support for Jordanian pharmaceutical sector in the first Bio-equivalence conference
In its continued efforts to support the competitiveness of productive sectors in Jordan's economy, the USAID Jordan Economic Development Program (SABEQ) announced its support for the Jordan Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM) and the Jordan Food and Drug Administration (JFDA) in the First Bio Equivalence conference launched earlier this week.
Jordan: Wednesday, July 23 - 2008 at 13:03

Secure Computing's Secure Web engine tops independent anti-malware study
Secure Computing Corp. (Nasdaq: SCUR), an enterprise gateway security company, has announced that its Secure Web Anti-Malware engine topped an independent comparative study on anti-malware solutions from 28 vendors conducted by AV Test Labs.
United Arab Emirates: Wednesday, July 23 - 2008 at 12:22

Singapore Sun Festival to draw strong number of Middle East-based travelers
Middle East-based travelers visiting Singapore in October can make the most of the critically-acclaimed Singapore Sun Festival, which runs from 17 to 26 October 2008.
Middle East: Wednesday, July 23 - 2008 at 12:12

New Asset Management Executive Director for Sorouh Real Estate
In another sign of its significant growth, Sorouh Real Estate PJSC,one of the leading Abu Dhabi-based real estate developers, today announced the appointment of a new member to its senior management team.
United Arab Emirates: Wednesday, July 23 - 2008 at 12:04