RAMALLAH, Palestine, May 11, 2011 - PADICO HOLDING, a leading investment company operating in the
Palestinian territories, announced today that it has successfully issued the
first corporate bonds in Palestine, at a total par value of USD 70 million.
The Palestinian financial services sector has not previously witnessed the
issuance of any form of bonds or other long term financing tools specialized
in project financing outside the existing customary bank loans.
BEIJING, May 11, 2011 - Air China and Cathay Pacific Airways have announced the consolidation of
their cargo businesses in a Beijing ceremony to launch the new Air China
Cargo.
DUBAI, UAE, May 11, 2011 - Moevenpick Hotels & Resorts is undertaking management of the
39-Residence The Palm Beach Club and rebranding it Moevenpick Residences
Laguna Beach Phuket with immediate effect.
Cognizant's Engagement Spans Full Range of Retirement Plan Services from Enrollment to Distributions and Plan Management
LONDON, May 11, 2011 - British exporters' confidence in the UK economy and trade
opportunities has led to a three point increase in the Travelex Confidence
Index, released today. The Index, which measures the sentiment of UK
businesses trading internationally, has regained the high seen earlier this
year and currently stands at 106 - five points higher than at the same time
last year.
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