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Addax Bank has created an independent committee of art buyers and art advisers to advise the bank on its fund, which includes prominent Beirut-based gallery owner and art dealer Saleh Barakat.
Oil and gas company Addax Petroleum said it expects to start crude exports from its facility in Kurdistan, despite a row between Iraq's central government and the Kurdish Regional Government (KRG) over oil contracts that the KRG signed independently with foreign firms.
Addax Petroleum Corporation (TSX: AXC) (LSE: AXC), a Canada-based company that explores for oil and gas in Africa and the Middle East, has announced flow test results for the TT-10 well, located at the Taq Taq field.
MANAMA: Bahrain-based Addax Bank has acquired the Al Maaref School in Dubai through its associate company First Education Holding (FEH).
The new company, which will provide services including brokerage and corporate finance, will see Anwar, Bahraini investment bank Addax and Kuwait Investment Company each hold a 25 per cent stake in the new firm, the company's chief executive officer Krishnakumar Gupta, said.
The company president and chief executive officer, Jean Claude Gandur, said, 'I take great pleasure to report that Addax Petroleum's 2008 performance has resulted in another year of record operational performance, robust reserves growth and a significant increase in our prospective oil resources.
Rabat A zebra, nine addax, eight Barbary sheep, eight servals, eight Dorcas gazelles, eight Bald ibis, and a Dama gazelle were born, amongst other animals, said the Rabat Zoo in a press release.Some of these animals are critically endangered.
He told Oman News Agency (ONA), some of the rock inscriptions discovered in Qarn Al Jah Archeological Site show some images of a number of animals, such as deer, foxes, tigers, hyena, goats, rabbits and addax. He pointed out that the addax is of the animals that cannot be seen today in the Arabian Peninsula, and had a presence in the Sultanate in ancient times, where man hunted them for meat and fat, in addition to skin to make shoes, clothes and other uses.
The other consortium members are project operator VAALCO Gabon SA (with 33.58 percent), Addax Petroleum Etame Inc.
The other members and their respective participating interests are Addax Petroleum Etame Inc.