Strictly Business

Author: 
Arab News
Publication Date: 
Thu, 2007-05-03 03:00

TETRA PAK

Tetra Pak, a major international food processing and packaging company, has acknowledged the efforts of 24 international schools for collecting empty milk and juice cartons as part of a beverage carton collection and recycling competition ‘Recycle and Keep Your City Clean.’ An awards distribution ceremony was held on Saturday at the Jeddah Science and Technology Centre which was attended by over 100 students, teachers and people from all walks of life. The ceremony was held on the eve of Earth Day, a globally significant day on which Tetra Pak renewed its pledge to minimize its impact on global warming – this year’s Earth Day theme. “The objective of the carton collection competition was to raise awareness on the benefits of recycling and highlight the recyclability of Tetra Pak juice and milk cartons. We hope that this competition will inculcate environmental awareness among the students,” Amar Zahid, MD, Tetra Pak Arabia, said.

NCB

The National Commercial Bank (NCB) has won two awards — ‘Best investment fund family’ and ‘Best Gulf Region investment fund manager’ — at Filka Investment’s second annual award ceremony for universal Islamic investment portfolios held recently in Dubai. Ahmed Farid, the bank’s head of assets management sector, described the award as one of the most distinguished honors. Farid added that the competition was based on a comparison between the AlAhli bank and other Gulf financial institutions. It reflected the NCB’s leadership in Shariah-compliant investment funds. The Filka spokesman said: “The NCB performed exceptionally well in the two areas in which it won in. The NCB plays a leading role in the Islamic Investment Fund Market, which is a promising sector whose estimated annual worth is $16 billion.” Filka Investment is a leading company in the area of Islamic Investment Fund Research.

AMOUAGE

Amouage, a major luxury fragrance house, founded 25 years ago by the Omani royal family to sustain the millennia-old traditions of Arabian perfumery, has introduced ‘Reflection’ perfumes for women and men. Claimed to be the only globally distributed luxury brand from Oman, Amouage’s distinctive bottles were created by Asprey of London. The women’s bottle was inspired by the dome of the Ruwi Mosque in Muscat, while the men’s is fashioned after the Khanjar, the ceremonial Omani dagger. Reflection Woman was created by legendary perfumer and nez, Maurice Roucel. Reflection Man was created by Lucas Sieuzac, a renowned young perfumer who has a track record of great success with perfumes of major world brands. Sieuzac is renowned for his sophisticated fusions and engaging dualities. Amouage’s current portfolio includes Heritage collection, Gold, Dia, Ciel, Eau d’Amouage, Arcus, Cirrus and Silver Cologne.

SAMSUNG

Samsung, a pioneering electronics and home appliances company, claims to have invented a new appliance that combines the functions of a traditional oven and a microwave at the same time. With its revolutionary design, it has been called a major advance in the world of microwave ovens. This microwave depends on a healthy and fast pentagonal heating system that combines a 1,500W dual heating system from the right and left with two internal fans that distribute the air, a dual grill from the top and bottom and a 900W microwave with a turntable to provide the best possible results in the shortest possible time. It can also be used for fried and grilled foods, preserving the same flavors obtained from charcoal grilling in a healthy and rapid manner. The microwave has been coated with an internal, non-scratch, anti-leak ceramic surface. The microwave is slated for a Kingdomwide launch soon, according to the company.

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