Mr. Benito C. Bengzon, Jr., Assistant Secretary, International Tourism Promotions, Department of Tourism Middle East office - Philippines, accepted the award on behalf of the country's Department of Tourism from Mark Walsh, Portfolio Director, Reed Travel Exhibitions, with previous recipients, Japan and Chile, represented respectively by Daisuke Matsunaga, Consul General of Japan, and Carlos Salas, the Chilean Trade Commissioner.

"The Philippines, its government and its people, have shown remarkable fortitude and a stoic determination to get both communities and the local economy back on...

Smartmatic, a leading global provider of technology and services for automated elections, has announced the appointment of Marco Huberts as President of its Europe, Middle East and Africa operations (EMEA).

“It’s a great pleasure for me to welcome Marco to our management team. His experience and leadership will help our growth in these markets, helping forward-thinking"...

Regulatory News:

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been named a 2013 Laureate of IDG’s Computerworld Honors Program. Gemalto was recognized in the World-Good category for its leading-edge Cinterion® M2M technology used in an innovative device and pilot program that helped"......

Ajman Free Zone Authority (AFZA) has launched of a new license category for e-commerce enterprises which will facilitate online business entrepreneurs’ partner with the free zone to tap into the growing e-commerce segment of the GCC and the region.

Mahmood Khalil Al Hashemi, General Manager, AFZA said the new"...

The Coca-Cola Company today announces four global business commitments to further contribute to healthier, happier, and more active communities. These commitments, which apply to the more than 200 countries where we do business, are to:

1) Offer low- or no- calorie beverage options in every market

2) Provide transparent nutrition information, featuring calories on the front of"...

Quintiles today announced the pricing of its initial public offering of 23,684,210 shares of its common stock at a price to the public of $40.00 per share. The shares of Quintiles common stock are expected to begin trading on the New York Stock Exchange under the single-letter symbol "Q” on May 9, 2013.

Quintiles is offering 13,125,000 shares of common stock, and selling"...

Luxury ice cream brand, Häagen-Dazs, announces today the launch of a new campaign across all of its key markets. The campaign -- its largest campaign ever -- captures the sensual, yet sophisticated essence of Häagen-Dazs. The campaign establishes the “House of Häagen-Dazs” and conveys its philosophy of iconic luxury and superior craftsmanship much in the way a fashion house would do.

The"...

This award, which is made annually, highlights the exceptional quality of the Bank's commercial and treasury payment systems.

This is the fourth consecutive year Gulf Bank has won the award, and it confirms that measures taken by the Bank in the payments area have met the recognition of associates such as Deutsche Bank, one of the world's largest financial institutions. Euro Straight-Through Processing (STP) standardizes financial transactions and electronic payments, starting with the transaction initiation and ending with the final settlement.

The award was presented by senior...

Doha Bank's Group CEO, Dr. R Seetharaman was speaking at the recently held summit on Real Estate, Infrastructure and Urban Planning in Kuwait.

This was the second in the series of summits organised by Doha Bank, a leading private bank in the GCC, on the topic.

Highlighting the trends impacting infrastructure development in the region, Dr. Seetharaman, said, "Government expenditure has continued to rise in FY 2011-12, with an increase of 8% according to the IMF. The budget expansion was more than offset by an increase in oil revenue of an estimated 35%. Non-oil growth of the economy...

Saudi Arabia has agreed to buy some of the new Turkish Altay tanks. The exact number has not been revealed but the Saudis do have 320 elderly AMX-30 French tanks in urgent need of replacement.

The Turkish Army is planning on buying a thousand of the new Altays for about $5.5 million each. These will be acquired four lots of 250 each and not all may be needed (depending on the regional military-political situation. The Turkish Army currently has 720 German Leopard 1 and 2 tanks, 930 American M-60s and 1,370 American M-48s Most (except for the Leopard 2s) are quite old and need replacing"......