Showing posts with label Arab League. Show all posts
Showing posts with label Arab League. Show all posts

Wednesday, 12 February 2014

Zain: 4G use in The Kingdom of Saudi Arabia soars 1,400% during 2013

Zain: 4G use in The Kingdom of Saudi Arabia soars 1,400% during 2013

 

[caption id="attachment_12242" align="alignnone" width="400"]Men stand near BlackBerry phones on sale at a shopping mall in Riyadh (Zain KSA, the telecoms company in Saudi Arabia announced that the use of 4G/LTE exceeded the usage rates of 3G in measured areas during 2013. (File photo: Reuters))[/caption]

 

Zain KSA revealed an increase in 4G/LTE usage rates during 2013 in main cities and counties around The Kingdom of Saudi Arabia last year, exceeding rates of 3G usage in the same areas.

 

The company enhanced network capacity around The Kingdom of Saudi Arabia to meet the increased demands on 4G services due to widespread use of smartphones, routers and Wi-Fi devices operating on 4G technologies.

 

Zain KSA’s 3G network witnessed an unprecedented 100 percent increase in data traffic, while its 4G network saw a 600 percent increase in data traffic and 1400 percent increase in active user rates compared to the same period in the year before that.

 

The company allocated complete work teams to raise service quality, and monitor and improve the network’s infrastructure.

 

During the last period, Zain KSA provided several new services for subscribers, which include establishing an advanced infrastructure for mobile networks covering more than 93 percent of populated areas in The Kingdom of Saudi Arabia, including 600 cities and counties.

 

In addition to developing data exchange technologies and speeds reaching 150 MBps.

 

These developments come as part of the company’s mission to provide the latest technologies and reach its ultimate goal of winning the satisfaction of subscribers in all regions and counties around The Kingdom of Saudi Arabia.

 

(Reuters, Dubai)

 

(Al Arabiya News, 20 Monday January 2014 The Roman)

 

Monday, 10 February 2014

Dubai’s Arabtec Holding says will set up five new subsidiaries

Dubai’s Arabtec Holding says will set up five new subsidiaries

 

[caption id="attachment_12163" align="alignnone" width="400"]Arabtec logo is seen on buildings under construction in the Marina area of Dubai (Dubai-based builder Arabtec Holding said on Sunday it would set up five new subsidiaries as it expands into new markets. (File photo: Reuters))[/caption]

 

Dubai-based builder Arabtec Holding said on Sunday it would set up five new subsidiaries as it expands into new markets and infrastructure projects.

 

Two of the units will focus on infrastructure projects inside and outside the United Arab Emirates, one will focus on water and energy project and one will concentrate on the Egyptian market, it said in a bourse statement.

 

Arabtec will also set up an investment firm, Arabtec Capital, to provide global financial services.

 

The news comes as Dubai construction firm Arabtec clinched a $6.1 billion contract in early February, its biggest ever by value, as its relationship with Abu Dhabi state fund Aabar, a key shareholder, promised to make the firm one of the region’s top builders.

 

Arabtec said it had signed a memorandum of understanding to build 37 mixed-use, residential and hotel towers for Aabar in Abu Dhabi and Dubai.

 

The announcement pushed up stock markets, especially cement shares, in Abu Dhabi and Dubai because it was a fresh sign that their real estate markets are recovering strongly after prices halved during the global financial crisis.

 

(Reuters, Dubai)

 

(Al Arabiya News, 9 Sunday February 2014 The Roman)

 

SR226m deals to boost RCJY infrastructure projects

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SR226m deals to boost RCJY infrastructure projects

 

[caption id="attachment_12157" align="alignnone" width="400"]1391961604349213600 (The RCJY chief signs the deals. (SPA photo))[/caption]

 

Prince Saud bin Abdullah Al-Thunayyan, president of the Royal Commission for Jubail and Yanbu (RCJY), has signed three contracts for the construction and maintenance of a series of medical, educational and road projects in the two industrial cities, Saudi Press Agency said.

 

The projects, worth SR226 million, were awarded to a number of national firms.

 

The contracts included construction of educational facilities and provision of operational and maintenance services for health care facilities in Yanbu Industrial City (YIC) in addition to rehabilitation and beautification works of roads in Jubail Industrial City (JIC), the SPA said.

 

(RIYADH: ARAB NEWS)

 

(Arab News, 9 Sunday February 2014 The Roman)

 

Saturday, 8 February 2014

Mall developer MAF to invest $816 mn in Dubai

Mall developer MAF to invest $816 mn in Dubai

 

[caption id="attachment_12050" align="alignnone" width="400"]e5f4e5df-6d62-49a7-968b-26522483a8c1_16x9_788x442 (Majid al Futtaim, the developer of Dubai mall, is set to invest $816m to expand its business over the next five years. (File photo: Reuters))[/caption]

 

Dubai mall developer Majid Al Futtaim said it will invest another 3 billion dirhams ($816.7 mn) over the next 5 years to expand its business in the emirate, after posting a 10 percent increase in its 2013 revenue.

 

Unlisted MAF, which holds the Carrefour franchise in the Middle East, said on Monday that revenue last year was $6.2 billion.

 

Its earnings before interest, depreciation, taxes and amortization (EBIDTA) from recurring operations grew by 12 percent year-on-year to reach $898m, the company said, without providing full-year net profit figure.

 

MAF has plans to invest over $816 million on extending its Dubai businesses over the next five years, which includes two new hotel developments, renovating two existing hotels and redeveloping its flagship Mall of the Emirates.

 

(Reuters, Dubai)

 

(Al Arabiya News, 27 Monday January 2014 The Roman)

 

Dubai’s Arabtec wins $6.1bn Aabar contract

Dubai’s Arabtec wins $6.1bn Aabar contract

 

[caption id="attachment_12045" align="alignnone" width="400"]Arabtec logos are seen on buildings under construction in the Marina area of Dubai (Arabtec said the deal was one of the largest ever in the region’s real estate sector and Arabtec’s biggest by value. (File photo: Reuters))[/caption]

 

Dubai-based construction firm Arabtec said it would build 37 major buildings worth 22.44 billion dirhams ($6.1 billion) for Abu Dhabi state fund Aabar in Abu Dhabi and Dubai, in a fresh sign of the dramatic recovery of local estate markets.

 

Confirming a Reuters story on Saturday, Arabtec said the deal was one of the largest ever in the region’s real estate sector and Arabtec’s biggest by value.

 

In a bourse statement on Sunday, Arabtec also quoted Aabar Properties chairman Khadem Al Qubaisi as saying Aabar would in future assign all construction work in its $20 billion real estate portfolio around the world to Arabtec.

 

That portfolio includes projects in the United Arab Emirates, the United States, Morocco, Jordan, Serbia and other countries.

 

Aabar, which also owns stakes in companies such as commodities trader Glencore (GLEN.L) and Italian bank UniCredit (CRDI.MI), holds about 22 percent of Arabtec.

 

Arabtec said it would start work this year on the new buildings, which would be mixed-use, residential and hotel towers, and that all the projects would be completed by 2020.

 

(Reuters, Dubai)

 

(Al Arabiya News, 2 Sunday February 2014 The Roman)

 

 

Thursday, 6 February 2014

Dubai’s DP World says consolidated volumes slip 3.8 percent in 2013

Dubai’s DP World says consolidated volumes slip 3.8 percent in 2013

 

[caption id="attachment_11863" align="alignnone" width="400"]An aerial view of Jebel Ali Port in Dubai (The world’s third biggest port operator said its consolidated container volumes dropped 3.8 percent in 2013. (File photo: Reuters))[/caption]

 

Dubai's DP World, the world's third biggest port operator, said on Wednesday its consolidated container volumes slipped 3.8 percent in 2013, but rose 0.7 percent on a gross like-for-like basis.

 

DP World, one of the more profitable assets of Dubai World, said terminals controlled by the company handled 26 million TEU - or twenty-foot equivalent container units - during the year.

 

This compares to 27.1 million TEU in the year-earlier period.

 

But gross volumes - which include more terminals - rose slightly in like-for-like terms, DP World said.

 

The port operator has been selling assets globally, exiting markets where it does not have a significant presence and seeking to redeploy funds in fast-growing markets.

 

(Reuters, Dubai)

 

(Al Arabiya News, 5 Wednesday February 2014 The Roman)

 

Wednesday, 5 February 2014

Morocco says investors lining up for $9 bn solar project

Morocco says investors lining up for $9 bn solar project

 

[caption id="attachment_11790" align="alignnone" width="400"]To match feature ENERGY-MAGHREB/SOLAR (Workers build a thermo-solar power plant in Beni Mathar 20 Thursday August 2009 The Roman. (Reuters))[/caption]

 

Morocco has recruited foreign investors to fund $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed Western Sahara, its foreign minister said.

 

Lending sources at German state-owned banks and at multi-lateral lenders such as the World Bank, the European Investment Bank and the European Union have told Reuters they would not finance projects based in Western Sahara.

 

“That is their problem. We have no financing problems. We have several (investors); there are Japan, Gulf countries,” Foreign Minister Salaheddine Mezouar told Reuters on Tuesday in an interview in Madrid, where he was meeting with Spanish business leaders.

 

He declined to give details on the financing contracts with specific parties.

 

Morocco, a net energy importer, wants to develop renewable power to reach 20 percent of its energy supply in 10 years, up from 8 percent now, Mezouar said.

 

The solar project involves five plants, two of them planned in Western Sahara, that would produce a total of 2,000 Mega Watts.

 

Morocco has controlled most of the sparsely populated Western Sahara, former Spanish colony, since 1975.

 

European investor sources told Reuters earlier this year they did not want to support any project in Western Sahara, because it would mean abandoning a neutral position over the conflict.

 

The solar project is focussed on building the first of the five plants.

 

“The other four plants will also happen. The goal is to achieve 2,000 Mega Watts, and we will continue with our plan. The Western Sahara issue has nothing to do with it. The financing is not conditioned on whether plants are in Sahara or not,” the minister said.

 

“Western Sahara needs renewable energy, and the investment will be made. If some people don't want to come, others will.”

 

Saudi Arabia's Acwa Power International won the $1 billion contract for the first solar plant, which is scheduled to start operating next year in Ouarzazate with a capacity of 160 Mega Watts.

 

It awarded the construction to a consortium of three Spanish companies - Sener, Acciona and TSK.

 

Hundreds of Spanish companies do business in Morocco, and more than half of Spain's entire investment in Africa is in Morocco, according to Moroccan figures.

 

Overall, Morocco aims for 15 to 20 percent growth in foreign direct investment a year in the economy, up from 13 percent last year, Mezouar said.

 

Mezouar said that Morocco, which has been more stable than most of its neighbours during the so-called Arab spring in recent years, offers yet more potential for Spanish investors as a base for textile and automotive manufacturing and as a springboard for trade to the rest of Africa.

 

(Fiona Ortiz, Reuters - Madrid)

 

(Al Arabiya News, 5 Wednesday February 2014 The Roman)

 

 

Saudi Arabia to launch $9.5 bn mining industrial city

Saudi Arabia to launch $9.5 bn mining industrial city

 

[caption id="attachment_11784" align="alignnone" width="630"]Saudi Arabia's Finance Minister Ibrahim Al Assaf speaks during the Euromoney Conference in Riyadh (The new industrial project would focus on mining, a sector which started “contributing to the national economy,” Saudi Arabia’s finance minister said. (File photo: Reuters))[/caption]

 

Saudi Arabia signed contracts worth 36 billion Saudi riyals ($9.5 billion) for the establishment of a new mineral industrial city in Waad al-Shamal.

 

The kingdom’s mining company, Maaden, also signed a number of deals worth $3.6 billion for the establishment of five new plants in the new city.

 

The new industrial city will focus on mining, a “promising sector that started contributing to the national economy,” Dr. Ibrahim al-Assaf, Saudi finance minister, told Al Arabiya News Channel.

 

The project will bring larger diversity to the country's exports and increase economic growth to the kingdom and the region, according to officials’ remarks during the launch.

 

According to the minister, the project is important on a domestic level, but also more important on a regional scale, “in terms of [providing] employment, and finding services to support the mining sector.”

 

The Ministry of Finance, Saudi Arabia’s Public Investment Fund, the national Saudi Railway Company (SAR), the Industrial Development Fund, and Sanabil Investment Company were among the parties involved in the development of the new industrial city.

 

“The Ministry of Finance [participated] directly through financing the infrastructure of the project, and through institutes associated with it, such as the Public Investment Fund, which participated directly to the investment of the project, or indirectly through providing loans for projects to be established within the city,” Assaf explained to Al Arabiya News Channel.

 

Ministers of petroleum, electricity and economy were among the officials that attended the ceremony.

 

Maaden, the Gulf’s largest miner, recently announced expanding its aluminum exports after signing several contracts to supply Asian markets during 2014, reported the Saudi Gazette in January.

 

The company reported a net loss of $7.8 million in the fourth quarter of 2013, mainly due to low prices for its petrochemical products, Reuters reported.

 

(Staff writer, Al Arabiya News)

 

(Al Arabiya News, 5 Wednesday February 2014 The Roman)

 

Dubai financial center posts double-digit growth for 2013

Dubai financial center posts double-digit growth for 2013

 

[caption id="attachment_11778" align="alignnone" width="400"]To match Feature MIDEAST-PRIVATEEQUITY (The Dubai International Financial Center said it grew at double-digit rates last year, due to attracting more tenants from Asia and emerging markets. (File photo: Reuters))[/caption]

 

The Dubai International Financial Center, the top banking hub in the Middle East, said it grew at double-digit rates last year as it attracted more tenants from Asia and other emerging markets.

 

The number of active registered companies operating within the DIFC rose 14 percent to 1,039, while their combined workforce expanded 11 percent to 15,600, it said on Tuesday.

 

Jeffrey Singer, chief executive of the DIFC Authority, which manages the financial free zone, said the DIFC would focus this year on developing new areas such as Islamic finance, family-owned businesses and commercial links with Africa.

 

Occupancy rates in core office buildings owned or managed by the DIFC are now close to 100 percent, so more office space is being made available in other buildings that could accommodate as many as 15,000 more workers, the DIFC said.

 

(Reuters, Dubai)

 

(Al Arabiya News, 4 Tuesday February 2014 The Roman)

 

Italian Prime Minister says Kuwait to invest $676 million in Italy

Italian Prime Minister says Kuwait to invest $676 million in Italy

 

[caption id="attachment_11772" align="alignnone" width="566"]Italian Prime Minister Enrico Letta looks on during a meeting at Villa Madama in Rome (Kuwait will invest $676m in Italian companies, said Prime Minister Enrico Letta. (File photo: Reuters))[/caption]

 

Kuwait’s sovereign wealth fund will invest 500 million euros ($676 million) in Italian companies in coordination with Italy’s own strategic investment fund, Prime Minister Enrico Letta said on Tuesday.

 

The deal follows similar agreements with Qatar’s investment fund last year to invest in Italian companies operating in the fashion, food and tourism sectors and a separate deal with the Russian Direct Investment Fund.

 

Kuwait and Italy will create a company with capital of 2.5 billion euros, of which 80 percent will come from Italy’s strategic investment fund, the FSI, and the remainder from the Kuwait Investment Authority.

 

“This is an extraordinarily important development, it’s an injection of confidence in our country,” Italy’s Letta said at a news conference in Kuwait during a visit to the Gulf states to attract interest in Italy as an investment destination.

 

(Reuters, Kuwait)

 

(Al Arabiya News, 4 Tuesday February 2014 The Roman)

 

 

Monday, 3 February 2014

Abu Dhabi, Dubai reveal 2014 economic growth forecasts

Abu Dhabi, Dubai reveal 2014 economic growth forecasts



[caption id="attachment_11726" align="alignnone" width="400"]9afa7a9b-4573-4d1e-9370-43a0f44996f4_16x9_788x442 (The UAE capital Abu Dhabi expects GDP growth of 6.7 percent this year. (File photo: Shutterstock))[/caption]



Abu Dhabi and Dubai, the largest economies of the United Arab Emirates, today released growth forecasts for 2014, Reuters reported.



The UAE capital Abu Dhabi sees gross domestic product (GDP) growth of 6.7 percent this year, according to Shorooq al-Zaabi, head of development indicators at the Department of Economic Development.



The emirate posted real GDP growth of 7.4 percent in 2013, up from 5.6 percent in 2012, Reuters reported.



Zaabi added that Abu Dhabi’s oil production would rise steadily to 3.114 million barrels per day (BPD) in 2017 from 2.907 million BPD in 2015.



But it expects oil prices to fall moderately, to $95 a barrel in 2017 from $109 last year.



Dubai expects its economy to grow by an inflation-adjusted 4.7 percent this year, accelerating to over 5 percent in 2015, according to a Department of Economic Development official quoted by Reuters.



Dubai’s economy reportedly expanded by 4.9 percent in the first half of 2013.



(With Reuters)



(By Staff writer | Al Arabiya News, Dubai)



(Al Arabiya News, 3 Monday February 2014 The Roman)

Friday, 31 January 2014

Jordan’s Arab Bank 2013 net profit up 43 percent

Jordan’s Arab Bank 2013 net profit up 43 percent

 

Jordan’s largest lender, Arab Bank Group, posted a 43 percent rise in 2013 net profit to $501.9 million on the back of higher revenues, with its chairman saying a conservative policy eased the impact of political upheaval across the region.

 

Chairman Sabih al-Masri said in a statement the bank, one of the Middle East’s major financial institutions, saw deposits increase by $1.5 billion to $34.4 billion against $32.9 billion at the end of 2012.

 

“This was in spite of the challenging environment in the region with the solid growth in operating income reflecting prudent and conservative policies the bank preserved and the strategy it pursued,” Masri said.

 

Arab Bank, which has a $45.6 billion balance sheet spread across 30 countries and five continents, has seen a slowdown in profit growth in recent years as it put aside provisions to cover non-performing loans by businesses reeling from the global downturn.

 

Bankers say the wave of political unrest across the region since 2011 would continue to affect the bank’s business in 2014, but a diversified portfolio would help reduce risks.

 

(Reuters, Amman, 25 Saturday January 2014 The Roman)

(Al Arabiya News, 25 Saturday January 2014 The Roman)

 

Friday, 20 December 2013

The courtesy call Turkisutani Ambassador, Aso the Deputy Prime Minister

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The courtesy call Turkisutani Ambassador, Aso the Deputy Prime Minister

 

トルキスターニ大使殿下、麻生副総理殿下を表敬訪問

 

[caption id="attachment_10814" align="alignnone" width="500"]20131210 (Photo The Royal Embassy of The Kingdom of Saudi Arabia)[/caption]

 

アブドゥルアジーズ・トルキスターニ駐日サウジアラビア大使殿下は、2013年12月10日、麻生太郎副総理兼財務大臣殿下を表敬訪問された。

 

会見では、二国関係や共通の関心事について話し合われた。

 

(サウジアラビア王国大使館、2013年12月10日)

 

 

The courtesy call Turkisutani Ambassador, Aso the Deputy Prime Minister

 

10 December 2013, His Excellency Dr. Abdulaziz A. Bin Almas Turkisutani Ambassador Extraordinary and Plenipotentiary of Kingdom of Saudi Arabia to Japan paid a courtesy call on  His Excellency Mr. Taro Aso the Deputy Prime Minister and Minister of Finance.

 

In the interview, discussed for the common interests and bilateral relations.

 

(The Royal Embassy of The Kingdom of Saudi Arabia, 10 Tuesday December 2013 he Roman)

(Translated: R.S.F. toshiki speed news press, Agence France-Presse, 20 Friday December 2013 The Roman)

 

 

Monday, 25 November 2013

News: Geneva

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News: Geneva

 

[caption id="attachment_10239" align="alignnone" width="400"]ba483f0a807ba7411d1c716ff378d2a1359f217b_0 (Photo AFP - Fabrice Coffrini)[/caption]

 

Geneva hugs

 

EU foreign policy chief Catherine Ashton (2nd L) is embraced by US Secretary of State John Kerry next to British Foreign Secretary William Hague (far L) and French Foreign Minister Laurent Fabius (far R) after a statement in Geneva.

 

(AFP - Fabrice Coffrini)

 

(Agence France-Presse, 25 Monday November 2013 The Roman)

(Edited: R.S.F. toshiki speed news press, Agence France-Presse, 25 Monday November 2013 The Roman)

 

Tuesday, 19 November 2013

News: Red Arrows

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News: Red Arrows

 

[caption id="attachment_9996" align="alignnone" width="400"]632d8879b71b0fd72252ebc4d82fbd50dab4351c (Photo AFP - Karim Sahib)[/caption]

 

Red Arrows

 

Britain's Royal Air Force Aerobatic Team, The Red Arrows, performs at the Dubai Airshow in the Emirate of Dubai.

 

(AFP - Karim Sahib)

 

(Agence France-Presse, 19 Tuesday November 2013 The Roman)

(Edited: R.S.F. toshiki speed news press, Agence France-Presse, 20 Wednesday November 2013 The Roman)

 

 

Sunday, 17 November 2013

Open Letter

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Open Letter

 

Dear,

 

Dear His Excellency Dr. Abdulaziz A. Bin Almas Turkistani Ambassador Extraordinary and Plenipotentiary of The Islamic Empire The Kingdom of Saudi Arabia to Japan

 

We are still in hot days in Japan.

 

We are fine.

 

We sent many e-mails to you through Agence France-Presse.

 

But, it seems our e-mails to you did not reach to you.

 

Regard please contact to Agence France-Presse Paris head office.

 

Regard please contact to His Holiness The Islamic and Ambassador of The Islamic Empire The Kingdom of Saudi Arabia to The Roman Empire The Kingdom of France.

 

 

Yours Sincerely,

 

Sincerely

 

Takako Shirose

 

Toshiki Shirose

 

Your Imperial Highness The Queen Takako Chichibu of The Roman Empire The Commonwealth The British SACRA The Kingdom of Nihon The Commonwealth The British The Self-Government The Independent SACRA The Kingdom of Ryukyu

 

Your Imperial Highness The King Toshihito Chichibu of The Roman Empire The Commonwealth The British SACRA The Kingdom of Nihon The Commonwealth The British The Self-Government The Independent SACRA The Kingdom of Ryukyu

 

R.S.F. toshiki speed news press

 

Agence France-Presse

 

17 Sunday November 2013 The Roman

 

Monday, 11 November 2013

Iranian minister shot dead in Tehran

Iranian minister shot dead in Tehran

 

Deputy Industries Minister Safdar Rahmatabadi killed in apparent assassination in Iranian capital.

 

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An unidentified gunman has shot and killed Iran's deputy industries minister, according to state news agency IRNA.

 

Safdar Rahmatabadi, who was also the minister for mines and trade, was shot twice in his head and chest on Sunday in an eastern neighbourhood of Tehran, IRNA reported.

 

Police said that they believed that the deputy minister had been shot by someone who had been travelling with him in his vehicle, as bullet shells had been found inside the car, whose windows were intact.

 

IRNA reported a police officer at the scene as saying that there were no signs of a struggle or beating at the site of the assassination.

 

Police said the murder took place at approximately 7:50pm local time (15:50 GMT).

 

An official investigation into the murder has been opened.

 

No group immediately claimed responsibility for the attack.

 

Rahmatabadi was not a well-known public figure in moderate President Hassan Rouhani's government.

 

The Mehr news agency quoted Safarali Baratlou, the Tehran governor's deputy for security affairs, as confirming the shooting, without further elaboration.

 

This is the second attack in recent days on a government official in Iran.

 

On Wednesday, a gunman killed an Iranian state prosecutor in a restive southeastern region near the country's border with Pakistan.

 

(Source: Agencies)

 

(Al Jazeera, 10 Sunday November 2013 The Roman)

 

Thursday, 17 October 2013

News: Near the holy city of Mecca

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News: Near the holy city of Mecca



[caption id="attachment_9458" align="alignnone" width="400"]481df2edd63bd7c0e9637af64a6d7d641e6f94bd_1 (Photo AFP, Fayez Nureldine)[/caption]



View of Mina



An aerial view shows tens of thousands of tents hosting piligrms in Mina near the holy city of Mecca.



(AFP - Fayez Nureldine)



(Agence France-Presse, 17 Thursday October 2013 The Roman)

(Edited: R.S.F. toshiki speed news press, Agence France-Presse, 17 Thursday October 2013 The Roman)



News: Eid al-Adha "Feast of the sacrifice"

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News: Eid al-Adha "Feast of the sacrifice"

 

[caption id="attachment_9449" align="alignnone" width="400"]dbc52c675a6956a2557ae1c817fdc2333c0e47f8_0 (Photo AFP, Mohammed Abed)[/caption]

 

Gaza sunset

 

Palestinian children play at sunset during the second day of Eid al-Adha or "Feast of the sacrifice" in Gaza City.

 

(AFP - Mohammed Abed)

 

(Agence France-Presse, 17 Thursday October 2013 The Roman)

(Edited: R.S.F. toshiki speed news press, Agence France-Presse, 17 Thursday October 2013 The Roman)

 

 

Thursday, 10 October 2013

Financial Services Agency, The report order about gangsters finance, Mizuho Bank

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Financial Services Agency, The report order about gangsters finance, Mizuho Bank

 

金融庁、みずほに報告命令 暴力団融資

 

金融庁は10月9日、暴力団など反社会的勢力への融資を放置した問題で、金融庁の検査に説明した内容が事実と異なっていたとして、みずほ銀行と持ち株会社みずほフィナンシャルグループに対し、銀行法に基づき28日までに報告するよう命じた。

 

金融庁はすでに、みずほ銀に業務改善命令を出し、28日までに経営責任の所在を明確化するなど業務改善計画を提出するよう求めている。

 

行政処分の直後に再び報告を求めるのは異例。

 

みずほ銀は当初、問題を認識していたのは法令順守の担当役員までとしていたが、佐藤康博頭取が8日に記者会見し、取締役会などにも資料が提出されていたと説明を一変させていた。

 

(共同通信)

 

(琉球新報、2013年10月9日)

 

 

Financial Services Agency, The report order about gangsters finance, Mizuho Bank

 

9 October, an issue that was left for the financing of anti-social forces, such as organized crime, what has been described in the inspection of the Financial Services Agency, as was different from the fact, FSA for the holding company Mizuho Financial Group and Mizuho Bank, ordered to report to up to 28 October based on the banking act.

 

Financial Services Agency has been asked to submit a business improvement plan already, issued a business improvement order to Mizuho Bank, for example, to clarify the whereabouts of management responsibility to up to 28 October.

 

Determine the report again immediately after the administrative penalty, is unusual.

 

Mizuho Bank, initially, it had been aware of the problem had been up to director in charge of compliance, but it has changed the description Yasuhiro Sato president, a press conference on 8 October, material has been submitted to the Board of Directors.

 

(Kyodo News)

 

(Ryukyu Shimpo, 9 Wednesday October 2013 The Roman)

(Translated: R.S.F. tohiki speed news press, Agence France-Presse, 10 Thursday October 2013 The Roman)

 

Mizuho Bank - West bank route (?)

 

Mizuho Bank account holder in West bank (?)

 

(R.S.F. tohiki speed news press, Agence France-Presse, 10 Thursday October 2013 The Roman)

 

(R.S.F. tohiki speed news press, Agence France-Presse, 10 Thursday October 2013 The Roman)

 

Agence France-Presse - Mizuho Bank ( and Japanese policemen = DOUWA) - West bank (?)

 

The Islamic Empire The Kingdom of Saudi Arabia - Mizuho Bank ( and Japanese policemen = DOUWA) - West bank (?)

 

The Kingdom of Ryukyu - Mizuho Bank ( and Japanese policemen = DOUWA) - West bank (?)

 

(Our salary)

 

(Agence France-Presse employments salary)

 

(We already stopped all sending money to us)

 

(R.S.F. tohiki speed news press, Agence France-Presse, 10 Thursday October 2013 The Roman)

 

Enemy against Agence France-Presse is, persecutor against The Kingdom of France.

 

(R.S.F. tohiki speed news press, Agence France-Presse, 10 Thursday October 2013 The Roman)