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2011-06-23 07:34:00

OSLO, Norway, June 23, 2011 /PRNewswire/ -- In Scandinavia, music streaming has already become mainstream, and revenues are increasing at a brisk pace. New research reveals willingness to pay for such a service is at its peak amongst the future generation. Half of those under 30 have also disposed of their CD-collection, and stopped downloading illegally. The figures derive from a survey conducted by Norstat on behalf of music streaming service WiMP, in Norway, Denmark...

2011-05-06 13:20:00

DENVER, May 6, 2011 /PRNewswire/ -- ProLogis (NYSE: PLD), the leading global provider of distribution facilities, today announced that it has agreed to purchase all Ordinary Units and Convertible Preferred Units of ProLogis European Properties (Euronext/Amsterdam: PEPR) that are currently held by APG Algemene Pensioen Groep N.V. and an affiliate of the Government of Singapore Investment Corporation Pte Ltd at a price of euro 6.20 per Unit in cash. The purchase will increase ProLogis'...

2011-04-21 23:01:00

DENVER, April 22, 2011 /PRNewswire/ -- ProLogis (NYSE: PLD), a REIT organized under Maryland law with headquarters in Denver, Colorado, USA ("PLD"), announced today the launch of a mandatory offer (the "Offer") for any or all Ordinary Units and Convertible Preferred Units not owned directly or indirectly by PLD, of ProLogis European Properties, a Luxembourg registered fonds commun de placement ("PEPR") having its registered office in the Grand Duchy of Luxembourg, 34-38, avenue de la...

2011-03-03 05:23:00

DUBAI, UAE, March 3, 2011 /PRNewswire/ -- Before the dramatic turn of events in Egypt in the last few weeks which resulted in a new era for the country - and the region - an important meeting was held with 300 of the key decision makers in Egypt's financial and infrastructure sectors. The focus of the event was on public private partnerships (PPPs) with a view to finance the country's many large scale energy, housing, urban and utilities development projects. The then Minister of...

2011-02-23 08:29:00

DUBAI, UAE, February 23, 2011 /PRNewswire/ -- In recent months, Qatar's construction and infrastructure industry has provided a focal point of interest for both regional and international consultants and contractors looking to break into this lucrative market. Ashghal, Public Works Authority, have pledged to increase spending to improve the quality and safety of roads in the country with an estimated $20 billion allocated for road projects over the next five years. Qatar has embarked...

2011-01-31 07:56:00

DUBAI, UAE, January 31, 2011 /PRNewswire/ -- An innovative collaboration spearheaded by the British Council breaks new ground today by bringing Arabic performances to a global audience online and for free with the launch of http://www.digitaltheatre.com/gulfstage Gulf Stage provides young people who might never have attended a live performance, but regularly use digital media, the opportunity to experience the magic of theatre - taking theatre to them online. It provides Arabic...

2011-01-24 01:43:00

DUBAI, UAE, January 24, 2011 /PRNewswire/ -- Due to a high incidence of fires across the MENA region, Civil Defence Authorities are insisting on higher standards of fire safety across the board. The MENA region is currently experiencing a spectacular growth of building development and huge capital investment particularly from international shareholders. Qatar, in particular, has one of the fastest-growing economies in the world. Therefore, it is expected that standards of fire...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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