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William Russell health plan offer Insurance specialist William Russell has announced an enhanced international health insurance plan for companies in Dubai and the UAE with more than 20 expatriate employees to benefit from full coverage including pre-existing medical conditions. GlobalHealth plans are underwritten by Dubai Insurance Company and administered by William Russell. The plan also offers members maternity care, dental and well-being benefits without first completing a qualifying membership period. AME Info Saturday, August 09, 2008
KIT Capital, MNA Partners and River Road Ventures merge to create KCP CapitalKIT Capital, an entrepreneur-led special situations merchant bank, MNA Partners, a boutique corporate finance and investment firm focused on the Middle East and North Africa (MENA) region, and River Road Ventures, a US-based early stage venture capital firm, today announced their merger and the resulting formation of Dubai-based KCP Capital. AME Info Saturday, August 09, 2008
Darat to begin on Reef AmmanDarat Jordan Holdings has announced it will start implementing its 'Reef Amman' project within weeks. The 300,000sqm project is located 17km northern Amman in Jubbah village in Jerash and will have 51 fully-serviced farm houses. The project will be built in two phases, with the first phase finished by end of 2009, valued at $20m. The second phase is expected by end of 2010. ameinfo.com Saturday, August 09, 2008
Scottish bank announces writedownThe Royal Bank of Scotland has announced its first loss in 40 years. The UK News Saturday, August 09, 2008
Bombay exchange chief resignsBombay Stock Exchange announced yesterday that its chief executive, Rajnikant Patel, had resigned amid a management shake-out at Asia's oldest stock exchange. The... FT.com Saturday, August 09, 2008
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