AMSTERDAM. - Tuesday, June 23rd 2015 [ME NewsWire]

(BUSINESS WIRE)-- Pershing Square Holdings, Ltd. (ticker: PSH:NA) (“PSH”) announced today the launch of an offering of Senior Notes due 2022 (the “Notes”).

The net proceeds from the offering of the Notes are expected to be used to make investments or hold assets in accordance with PSH’s investment policy, including by way of rebalancing transactions with other funds managed by Pershing Square Capital Management, L.P., as well as to fund operating expenses.

Important Notice

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in Australia, Brazil, Canada, France, Singapore, South Korea, Spain, the United Arab Emirates and any other jurisdiction where to do so might constitute a violation or breach of any applicable law or regulation or to any national, resident or citizen thereof.

The Notes mentio ... Read more »

HOUSTON - Tuesday, June 23rd 2015 [ME NewsWire]

(BUSINESS WIRE)-- PanAtlantic Exploration is pleased to announce results from the short term test of Turpiales-3 horizontal well. The completion in the lower Real sand flowed at a maximum sustained rate of over 700 barrels of 16 degree API oil per day with a 2% BSW average. President and CEO Dr. Robert Erlich commented, “While we are pleased with the flow rates from the test, we continue to evaluate the best commercial solution for long term production.” The 450 square kilometer Turpial block is in the prolific Middle Magdalena Valley and is surrounded by significant producing oil fields. As Operator, PanAtlantic holds 50% interest with co-venturer Pluspetrol also holding 50%.

Please visit our new website at www.panatlanticexploration.com for more information or to contact us.     

Contacts

PanAtlantic

H. Daniel Hogan, 713-210-8400     

... Read more »

ABU DHABI, United Arab Emirates - Sunday, June 21st 2015 [ME NewsWire]

The Traffic and Patrols Directorate at the Abu Dhabi Police has intensified traffic control on internal and external roads, near malls and their surrounding areas, and in other areas that witness high traffic in Al Ain. This step aims to foster safety and traffic flow during Ramadan within the framework of a comprehensive plan that aims to limit the causes of accidents and the related fatalities and injuries.

Colonel Hamad Nasser Al Bloushi, Head of Peripheral Regions Traffic Department at the Traffic and Patrols Directorate at the Abu Dhabi Police, called upon motorists to adhere to the traffic law and the designated speed limits. He urged drivers to fasten seatbelts, use indicators, check the road before making any left or right turn, pay attention to pedestrians and give them priority at crosswalks, and to reduce speeds in residential areas and other locations with high volumes of pedestrians.< ... Read more »

LONDON - Monday, June 22nd 2015 [ME NewsWire]

(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that two new direct participants have been approved by ICE Benchmark Administration (IBA) to participate in the gold auction, which is used to determine the LBMA Gold Price.

The new direct participants are Morgan Stanley and Standard Chartered. It was announced last week that Bank of China has been approved to participate in the gold auction. All three new participants join today.

Since assuming administration of the LBMA Gold Price, IBA has grown the number of direct participants in the auction from four to ten. Further new participants are expected in the coming weeks, including China Construction Bank who are on track to become the 11th direct participant. Volumes have also increased significantly, with average daily volumes for the morning and afternoon gold auctions more than d ... Read more »

Abu Dhabi, United Arab Emirates - Friday, June 19th 2015 [ME NewsWire]

As a part of the Abu Dhabi Police Championship, the Ramadan Seven-a-side Football tournament kicked off at the Police Club Stadium in Abu Dhabi. The tournament is organized by the Sport Activities Section at the Strategy and Performance Development at Abu Dhabi Police, with participation of 17 teams.

Colonel Mohammed Hamid bin Dalmouj Al Dhaheri, Strategy and Performance Development Director General at the General Secretariat of the Office of H.H Deputy Prime Minister & Minister of Interior, acknowledged the keenness of the ADP leadership to communicate with its staff and develop their skills.

On the first day of the tournament, four matches were played. The Emergency team won against Al Ain team with a score of 4/2; the Special Tasks team won against the Forensic Evidence team with a score of 10/1.The Capital Police team won against the Operations team with a score of 2/1. The Securit ... Read more »

Abu Dhabi, United Arab Emirates - Thursday, June 18th 2015 [ME NewsWire]

The Punitive and Correctional Institutions Department at the Abu Dhabi Police GHQ has announced the visiting hours for inmates at the Al Ain and Al Wathba centers, the Remand Section, and the Al Mafraq Juvenile Care Center during the holy month of Ramadan.

Brigadier Mohammed Saif Matar Al Zaabi, Head of the Punitive and Correctional Establishments Department at Abu Dhabi Police,  noted that permitted prosecutors will be able to visit inmates on Sunday from  9 am to 11:30 am (for drug-related cases), and from 11:45 am to  2 pm for the remaining cases throughout the month of Ramadan.

Female visitors will be received on Mondays for all cases except drug-related cases between 9 am and 1 pm and then between 2 pm and 4 pm. Female visitors will be able to visit inmates imprisoned for drug-related cases on Tuesdays between 9 am and 1 pm and between 2 pm and 4 pm. Diplomatic staff ... Read more »

Abu Dhabi, United Arab Emirates - Friday, June 19th 2015 [ME NewsWire]

The Directorate of Traffic at Patrols at the Abu Dhabi Police urged truck drivers in the Western region to ensure the validity and good condition of their vehicles’ tires. The directorate also indicated that traffic monitoring has been intensified on all roads in Abu Dhabi, especially in the soaring temperatures during summer.   Major Suhail Sayah Al Mazroui, Chief of the Western Region Traffic Section, pointed out that numerous outreach programs were organized for truck drivers. He said: “The programs included field lectures aimed at urging drivers to check the validity of their vehicles’ tires and warning them against the risks of using the tires for extended periods of time, at long distances during summer, which may lead to tire wear and tear; and to pay attention to the risks arising from their use for long periods, especially in summer.”   Furthermore, Maj ... Read more »

HOUSTON - Monday, June 22nd 2015 [ME NewsWire]

(BUSINESS WIRE)-- Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) is set to join the broad-market Russell 3000 Index at the conclusion of the Russell indexes annual reconstitution on June 26, according to a preliminary list of additions posted June 19 on www.russell.com.

Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

Chris Hearne, Senior Vice President and Chief Financial Officer of Erin Energy commented: “We are ... Read more »

Abu Dhabi, United Arab Emirates - Friday, June 19th 2015 [ME NewsWire]

During a ceremony held in the auditorium at the Ministry of Interior’s headquarters, Lt. General Saif Abdullah Al Sha’far, of Interior honored a number of officers and non-commissioned officers from the Undersecretary at the Ministry of Interior Sector, for winning the third edition of the Ministry of Interior’s Excellence Award in the “Commander Category”. Lt. General Al Sha’far stressed the importance of motivation, to encourage and reinforce creativity and innovation, in the quest to improve police and security work.

The Undersecretary at the Ministry of Interior praised the valuable achievements made by the creative officers. He urged them to seek further excellence and to improve their performance in all areas of work and then wished them further luck and success. The honoring ceremony was attended by Major General Khalifa Hareb Al Khaili, Acting Assistant ... Read more »

ABU DHABI, United Arab Emirates - Monday, June 22nd 2015 [ME NewsWire]

The Higher Organizing Committee of the 2016 International Conference for Security and National Resilience (ISNR) discussed the action plan and the steps undertaken by the sub-committees in preparation for the exhibition and the conference that will be held in March of next year.

The Higher Committee held its first meeting under the chairmanship of Major General Staff Dr. Obeid Al Kutbi, Chairman of the Higher Committee for the exhibition and conference. The meeting was held in El Etihad Hall at the Ministry of Interior’s Headquarters.

The meeting was attended by: Major General Ahmed Nasser Al Raisi, Inspector General of the Ministry of Interior and Deputy Chairman of the Higher Committee; Major General Salem Mubarak Al Shamesi,  Director General of Finance and Services at the Ministry of Interior; members of the Higher Committee; and heads of the sub-committees for the exhibitio ... Read more »

Winners of the Minister of Interior’s Excellence Awards Dedicate their Achievements to the Community
ABU DHABI, United Arab Emirates - Wednesday, June 17th 2015 [ME NewsWire]

The winners of the third edition of the Minister of Interior’s Excellence Awards have announced that their achievements and success are dedicated to the citizens, residents, and visitors of the United Arab Emirates (UAE). As a promise to the nation’s higher leadership and to Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, the recipients of the award vowed to continue their march of excellence and achievement in order to achieve further results that are befitting of the UAE’s level of progress, prosperity, and stability.

Lt. General Saif Abdullah Al Sha’far, Undersecretary at the Ministry of Interior, said that such significant results were made possible only through the support of His Highness, the Minister of In ... Read more »