Mahfouz sure likes airports ,dosnt he?
Have you come up with "Camille Chebeir"?
He is the manager for Mahfouz investments.
Med-Emerg International owns two walk-in emergency clinics in Pearson Toronto Airport.
Mahfouz also owns a lot of the Port of Aden businesses!
I wonder if when I go to search "Argenbright"that held the security contrct for the airports in the WTC,that was actually sold to "Securicor" last year,which is owned by English Lords and such ,will really be a partial Mahfouz goodie?
PR NEWSWIRE FINANCIAL NEWS
Hybridon Elects New Chairman of the Board; H. F. Powell to Serve as Chairman
December 21, 1999, Tuesday
MILFORD, Mass., Dec. 21
Hybridon, Inc. (OTC Bulletin Board: HYBN) announced today that H. F. "Jake" Powell, a former Nabisco executive and member of Hybridon's Board of Directors, has been elected chairman. E. Andrews Grinstead III, Hybridon's chairman since 1991, will remain on the Board and continues to serve as Chief Executive Officer and President.
Mr. Powell was the Chief Financial Officer and Executive Vice President of Nabisco, Inc. from 1994 to 1996 and held various executive positions with Nabisco affiliates for the prior twelve years, including President of the International Division. He joined Nabisco from Standard Brands, Inc. where he held various executive positions, including Senior Vice President and Chief Financial Officer. Mr. Powell has served on Hybridon's Board of Directors since March, 1999.
Mr. Powell stated, "I am pleased to be able to bring my experience to this position and look forward to continuing to work closely with Andy and his management team."
Mr. Grinstead commented, "I look forward to working with Jake and the other members of the Board as he takes a more active role in developing the considerable potential of our proprietary antisense technology."
Also elected in March to Hybridon's Board of Directors was Camille Chebeir. Mr. Chebeir is President of SEDCO Services, Inc., a company which manages investments for the bin Mahfouz family of Saudi Arabia, a position he has held since 1994. Previously, he was Executive Vice President/General Manager of the National Commercial Bank, New York Branch. Mr. Chebeir has also served as the President of the Arab Bankers Association of America. He is a member of the Board of Directors of various entities in which SEDCO invests.
Located in Milford, MA, Hybridon, Inc. is engaged in the discovery and development of novel genetic medicines based primarily on antisense technology for the treatment of diseases for which there are currently limited or no effective treatments. Antisense technology involves the use of synthetic segments of DNA to stop the production of disease associated proteins by interacting at the genetic level with target strands of messenger RNA. Hybridon's lead compound, GEM(R)231, is currently in Phase II clinical trials for the treatment of solid tumors. In addition, the company has a custom manufacturing division, Hybridon Specialty Products. Hybridon also has two spinouts, MethylGene, Inc. and OriGenix Technologies Inc., in which it holds minority ownership positions. For more detailed information about Hybridon, please visit our website at http://www.hybridon.com.
The statements made in this press release contain certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, that involve a number of risks and uncertainties, including the risk that the company will be forced to cease operations. Such statements are only predictions and actual events or results may differ materially. In addition to the matters described in this press release, risk factors as stated from time to time in Hybridon's SEC reports, including but not limited to, its Annual Report on Form 10-K, may affect the results achieved by Hybridon.
This and other Hybridon press releases can be found at http://www.hybridon.com and http://www.noonanrusso.com.
DUBAI MAJID AL FUTTAIM, JAPAN ORIX IN LEASING JV
Khaleej Times
June 12, 2001
Global News Wire DUBAIS Majid Al Futtaim Investments has signed a joint venture agreement with Orix Corporation of Japan to form a leasing company in the UAE. The new company will engage in equipment leasing and related financial services.
The joint venture partnership was announced through a Press release issued both in Tokyo and Dubai yesterday. The release, however, did not disclose either the size of the investment or the equity of the respective partners. This is the first major deal Majid Al Futtaim Group of Companies has carried out after the recent sale of its stake in Al Futtaim Trading Group of Companies.
Last week, Majid Mohammed Al Futtaim sold his 50 per cent stake in Al Futtaim Trading Group of Companies, one of the leading business houses in the UAE, to his cousin Abdulla Hamad Al Futtaim who has become the whole owner of the group which comprises almost 40 companies.
According to the release, the joint venture agreement was signed in Tokyo by Yoshihiko Miyauchi, chairman and chief executive officer of Orix Corporation, Majid Al Futtaim, chairman of Majid Al Futtaim Investments, and S.U. Durrani, vice-chairman, Orix Leasing Pakistan. Orix Corporation is Japans largest leasing company and one of the biggest diversified financial services companies in the world with special expertise in aircraft and ship leasing and financing. The company, which has operations in 21 countries and has assets in excess of $ 50 billion, is listed on Tokyo and New York stock exchanges, the release said.
After the recent restructuring, Majid Al Futtaim owns City Centre, Carrefour hypermarkets, City Centre Hotel and Residence (Sofitel), Cinestar and MAF Securicor under the banner of Majid Al Futtaim Group of Companies.
But, as a key partner in Al Futtaim Trading Group, he has a long history of association with Japanese companies, including Toyota, Honda and Panasonic.
Orix Pakistan, a subsidiary of Orix Corporation, is one of the biggest leasing companies in Pakistan and acts as the regional head office for Orix Corporation for the MIddle East and North Africa which includes joint venture leasing companies in the Sultanate of Oman, Egypt and Saudi Arabia.
Leasing, which is well established in Japan and the Western economies, has had a late start in the MIddle East, but is rapidly receiving recognition in the region as a conduit for assisting small and medium size enterprises.
Orix Groupss worldwide leasing experience and Majid Al Futtaim Investments knowledge of the UAE business environment indicate that the UAE market has good potential for developing a successful leasing operation, the release said.