May 16 - 22, 2005

 

 

EMIRATES DECLARES RECORD-BREAKING RESULTS

The Emirates Group has announced record-breaking net profits of Dhs 2.6 billion (US $708 million) for the financial year ended 31st March 2005 an impressive Dhs 853 million ($232 million), or 49 percent, over the pervious year.
Group revenue increased by Dhs 5.1 billion ($1.4 billion) or 36 percent, to Dhs 19.1 billion ($5.2 billion) vs Dhs 14 billion ($3.8 billion) last year. The Group's cash balance totaled a robust Dhs 8.2 billion ($2.2 billion) at the end of March, an improvement of 12 percent vs Dhs 7.3 billion ($2.0 billion) a year earlier.

 

 

For 2004-05 Emirates will pay an increased dividend of Dhs 368 million ($100 million) to its owner, the Government of Dubai, vs Dhs 329 million ($90 million) last year. In total, the ownership will have received Dhs 1.1 billion ($291 million) from Emirates since dividends started being paid six years ago.

Once again, the Group's sharp sales growth and record returns rode on customers' increasing preference for its products, as illustrated by the 2.1 million more passengers who flew Emirates in the latest financial year, for a new record total of 12.5 million.

ABN AMRO'S CHAIRMAN COMMITMENT TO PAKISTAN

Rijkman Groenink, Chairman of the Managing Board, ABN Amro Bank on a recent visit to Pakistan has reaffirmed ABN Amro's commitment to Pakistan during his meetings with President Pervez Musharraf and Prime Minister Shaukat Aziz.

Groenink said, "I am delighted to see the immense growth in Pakistan as a whole, and the banking sector in Pakistan. We are particularly excited to have associated with the country's development in the last 55 years and are impressed with the fast expanding Pakistan economy."

Rijkman Groenink's visit comes at a time when ABN Amro Bank is expanding its commitment to Pakistan, which includes aggressive marketing, launch of new products, increase in the number of branches, and moving operations into more cities.

 

 

PROFILE

NASEEM JAVED

Naseem Javed, author of "Naming for Power" and "Domain" Wars is recognized as a world authority on corporate image and global name identities. He introduced "The Laws of Corporate Naming" in the 80's and also founded ABC Namebank International, a consultancy established in New York and Toronto a quarter century ago. He is invited to lecture in the world's top conferences and has been profiled in hundreds of magazines worldwide. He advises CEOs of Fortune 500 on global cyber name identity issues. Today, his cuffing edge research and ideas are published just about each and every day in world media.

About a quarter century ago, Naseem, started a small name identity consultancy, ABC Namebank International in New York and in Toronto. During this time, he wrote several books and created brand new identities for major global corporations such as Telus, Celestica, Vincor, Gennvm, Intria, Zarlink Omni-TV, Agricore, Duplium and Pollara. His talks are very serious and very provocative, though equally engaging and entertaining.

Naseem has advised on name identity and image issues to companies tike IBM, General Motors, Texaco, Honeywell, Bell Canada, KPMG, BellSouth, Paramount, Merck, Johnson & Johnson and CIBC. He has developed a series of very refined ideas on image and visibly and established some key solutions on how to build icons and name identities that will attract a large number of customers. He strongly believes in building images of quality, trust, and respectability, and also proper business name identities are the only keys to mobilize global cyber marketing and generate growth. www.naseemjaved.com