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2009-12-23 19:00:00

RIYADH, Saudi Arabia, December 24 /PRNewswire/ -- Novaar Capital Management SPC ("Novaar") today announced the creation of a Joint Venture with JSC Ural Industrial-Ural Polar ("Ural Polar") an entity owned by state institutions of the Russian Federation, to facilitate Foreign Direct Investment ("FDI") in the natural resource-rich Urals region of the country. Novaar, a Saudi-led investment concern, in cooperation with preferred strategic partners, will invest through the newly-formed...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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