Following the poor results and the penalty imposed several weeks ago by CDVM, the Board proceeded Sonasid to restate the company's management. As such Ayoub Azami was appointed CEO.
source infomediaire.ma
Friday, December 31, 2010
Milena Velba In The Bath
the Ministry of Health shall finally withdrawal of drugs causing cardiac toxicity
After recalling all batches of the drug "Mediator" available on the market, Department of Health has decided to withdraw all drugs containing "Dextropropoxyphene. A decision was taken because of the risk of cardiac toxicity that presents the active ingredient. A statement from the Ministry of Health, dated Wednesday, December 29, states that the department has called an emergency meeting of the Pharmacovigilance Advisory Commission, which ruled the benefit / risk adverse because of the risk of cardiac toxicity. The Ministry of Health has called on drug companies holding authorizations for the marketing of these drugs is recalling all batches available on the domestic market and the destruction of the recalled lots, and those held in inventories. Contacted by ALM, Raja Benkirane, Head of Pharmacovigilance Center Poison Control, who took part in the meeting at the Ministry of Health, said that "drugs being withdrawn are the Di-antalvic of Sanofi-Aventis Bi-Algan Sanofi-Synthemedic, Paradex of Coopermaroc, Bi-Sedal of PROMOPHARMA, Propofan of Frilab-Synthemedic, Xalgix of SOTHEMA Dextramol Pharma and 5 ".
According to an official of the Ministry of Health, the Di-antalvic in 2009 had been a warning. In the News Ministry of Health, it is emphasized that the withdrawal of seven drugs will be from 31 January 2011. So why wait a month before removing these drugs are at risk of cardiac toxicity of the national market?
"One month is the time required to notify all pharmacies in the Kingdom. It is also noteworthy that the danger is not imminent in this country unlike in Europe and the United States. If we found a potential danger, drugs were removed immediately. To date, there have been no cases of death following taking these drugs, "says Ms. Benkirane. A response indicating that the culture of the Moroccan government responsiveness is related to mortality: it responds only when a death on your conscience. Surprising but typically Moroccan. One month between the announcement and the actual withdrawal of these drugs is too long for products considered by the ministry at known risk of cardiac toxicity. In addition, Ms. Benkirane stresses that the Advisory Commission of Pharmacovigilance has opted out sequels to recent alerts in the United States. A U.S. study was published recently showed that drugs containing dextropropoxyphene could be responsible for adverse cardiac effects at dosages that are twice the recommended therapeutic doses in France. Regarding dextropropoxyphene, Ms. Benkirane said he "is an analgesic. It is a symptomatic treatment of painful conditions that existed since the late 60s. This active ingredient is a derivative of morphine which is widely eaten. " This drug acts against the pain of moderate to severe is marketed in combination with analgesics low power such as paracetamol. Because of the potential hazard of these drugs, the Ministry of Health therefore recommends that doctors not to prescribe these drugs to new patients and review of the analgesic treatment of patients currently treated with Dextropropoxyphene on the basis of the therapeutic alternatives available on the Moroccan market.
source aujoourdhui.ma
Fibromyalgia On Uteruis
Sonasid provides lower results
The steelmaker has just issued a profit warning to prepare the market for a possible sharp deterioration in its performance in 2010.
Another half bleak for the Moroccan operator leader in the steel (Sonasid). But this time, we will not have to wait the usual course of publishing the results to realize, like what happened on the results of the first half of the year during which everyone except the company's management was surprised by the magnitude of the drop in company performance.
In fact, learning of the penalty imposed on him CDVM (Securities Ethics Council) for non-profit publication warning on its results under the first half of 2010, the steel is forced to take the initiative and communicate about the likelihood of a sharp deterioration in its economic and financial performance in 2010.
And for good reason. Sonasid continues to experience difficult times in direct relation with the fierceness of competition and the loss of dynamism in the local market.
In fact, says the company's management, it is currently facing an economic downturn which combines the factors of rising input prices (particularly for scrap), overcapacity in the local production of 40% in 2010 following the arrival three new mills and the decline in domestic consumption. Which requires the publication of a profit warning and that is what society has done, saying expect a sharp drop in earnings as of 2010. Following this warning, the reactions were not made to wait.
For example, BMCE Capital Bourse suspends its recommendation on Sonasid, "waiting to have more details on the magnitude of the decline in results."
Similarly, Attijari Intermediation believes that one should expect a recovery in activity seen Sonasid until the second half of 2011. For
this year, analysts at the brokerage firm provide a further deterioration of operational indicators Sonasid, given increased competition in its market. They believe that "it is more prudent to await the approach of the annual results have improved visibility in the market of reinforcing bars and wire rod, but also on the strategy Sonasid vis-à-vis its competitors. " Therefore, they say keep a neutral opinion on value.
Furthermore, it should be remembered that Sonasid has been penalized in October by the publication of CDVM for non profit warning the first half of 2010. In fact, the policeman of the market has sent a warning and a fine of 67,000 dirhams.
Furthermore, in addition to the obligation of publication by the society of these coercive measures on its website, it was also decided to require the directors to fulfill their legal responsibilities and take the appropriate steps to ensure that leaders meet the obligations of good public information in compliance with laws and regulations.
The CDVM him particularly criticized for ignoring the request he had sent him to issue a profit warning to announce to shareholders that its results will be worse than expected.
In addition, the Board of Directors of the Company has decided to proceed with the appointment of Ayoub Azami as new CEO with effect from 1 January 2011 and Jalil Ajdour as sales and marketing director .
The steelmaker has just issued a profit warning to prepare the market for a possible sharp deterioration in its performance in 2010.
Another half bleak for the Moroccan operator leader in the steel (Sonasid). But this time, we will not have to wait the usual course of publishing the results to realize, like what happened on the results of the first half of the year during which everyone except the company's management was surprised by the magnitude of the drop in company performance.
In fact, learning of the penalty imposed on him CDVM (Securities Ethics Council) for non-profit publication warning on its results under the first half of 2010, the steel is forced to take the initiative and communicate about the likelihood of a sharp deterioration in its economic and financial performance in 2010.
And for good reason. Sonasid continues to experience difficult times in direct relation with the fierceness of competition and the loss of dynamism in the local market.
In fact, says the company's management, it is currently facing an economic downturn which combines the factors of rising input prices (particularly for scrap), overcapacity in the local production of 40% in 2010 following the arrival three new mills and the decline in domestic consumption. Which requires the publication of a profit warning and that is what society has done, saying expect a sharp drop in earnings as of 2010. Following this warning, the reactions were not made to wait.
For example, BMCE Capital Bourse suspends its recommendation on Sonasid, "waiting to have more details on the magnitude of the decline in results."
Similarly, Attijari Intermediation believes that one should expect a recovery in activity seen Sonasid until the second half of 2011. For
this year, analysts at the brokerage firm provide a further deterioration of operational indicators Sonasid, given increased competition in its market. They believe that "it is more prudent to await the approach of the annual results have improved visibility in the market of reinforcing bars and wire rod, but also on the strategy Sonasid vis-à-vis its competitors. " Therefore, they say keep a neutral opinion on value.
Furthermore, it should be remembered that Sonasid has been penalized in October by the publication of CDVM for non profit warning the first half of 2010. In fact, the policeman of the market has sent a warning and a fine of 67,000 dirhams.
Furthermore, in addition to the obligation of publication by the society of these coercive measures on its website, it was also decided to require the directors to fulfill their legal responsibilities and take the appropriate steps to ensure that leaders meet the obligations of good public information in compliance with laws and regulations.
The CDVM him particularly criticized for ignoring the request he had sent him to issue a profit warning to announce to shareholders that its results will be worse than expected.
In addition, the Board of Directors of the Company has decided to proceed with the appointment of Ayoub Azami as new CEO with effect from 1 January 2011 and Jalil Ajdour as sales and marketing director .
Results decline at the end of June
After the first half of 2010, Sonasid performance has fallen sharply. Thus, the steelmaker has achieved a consolidated turnover of 2.2 billion dirhams, down 32% over the first half of 2009. Deterioration attributed to a decline in shipments of 33% over the same period "last year. As for EBITDA, it deteriorated from 26.1% to $ 223.1 million dirhams, representing a margin of 10.2% at end June 2010 against 9.3% a year earlier. Finally, net income of consolidated companies has declined from 45.6% to 82.8 million dirhams. source lematin.ma
Lap Band Surgery Ohip Covered
Risma succeeded his show ORA
| accordance with the circular approved by CDVM October 28 last, by the issuance of NRS Risma ended successfully on December 24. |
| The issuance of bonds redeemable in shares (NRS) by Risma ended successfully. Thus, in accordance with the circular approved by CDVM October 28, 2010, issue of NRS longer outstanding on December 24. According to a press release from the entity, the operation focused on the maximum amount of 346.2 million dirhams through the issuance of a maximum of 3,462,225 convertible bonds, a rating of 100 dirhams, listed on the Casablanca Stock Exchange. Moreover, after the subscription period, the total amount requested was $ 414.75 million dirhams, 82%, ie 341.1 million dirhams were required as irreducible and 73.61 million dirhams, or 18% subject to reduction. Also the press reports that three major categories of investors that are the Moroccan institutional investors, mutual funds and corporations have shown non-institutional great enthusiasm with a request that covered almost all of the subscription as irreducible. Thus, at the closing of the issue to NRS by Risma, 98% of transaction amount has been subscribed on an irreducible reflecting investors' adherence to the business model developed by Risma for over a decade and actant their willingness to accompany the completion of its ambitious investment plan, the statement said. Furthermore, it should be noted that the transaction was subscribed to 120%. As a reminder, this issue operation ORA has carried out to establish permanent Risma capital to finance part of its investment program over the period 2010-2013. Also, the entity which has in turn table, in addition to Accor, major institutional shareholders, has achieved since 1996, cumulative investment of 3.5 billion dirhams 1 billion of equity while maintaining a lever Financial still below 70%. Thus, convinced of the potential of the tourism sector, the shareholders of Risma considered the development of hotel facilities as the priority of the last decade, the challenge is to reach a critical size to establish itself as market leader. Thus, to achieve critical mass and achieve the ambition of being the first hotel group in the UK, 2.2 billion dirhams have been invested between 2005 and 2009 with the result of significant economies of scale and units flagship high-end in the main cities of the Kingdom. But also, a chain of budget hotels in 12 cities and a 4 star hotel with strong brands positioned in the business segment. It is interesting to note that the analysis of the performance of hotels operating in Morocco shows that the neutral is reached at horizon 4 years for hotels and leisure horizon 1-2 years for business hotels. These horizons will be achieved over the next five years for most of the fleet owned by Risma, promises the release. source aujourdhui.ma |
Dune Buggie Blue Prints Free
Nexans Morocco relies on its export business
35% of sales are exports
· a strong presence in Africa
· The Moroccan subsidiary will concentrate on its core businesses
Morocco Nexans, Nexans subsidiary of French group, is hosting the year 2011 with optimism. National Leader of electrical equipment sector, the Moroccan subsidiary operates in the infrastructure markets, industry and construction. The weapon of the company is deploying its expertise in turnkey solutions.
"The main priority for 2011 will increase our development export, we focus on our industrial performance and continue to be innovative on the market by introducing new products, "says Azzedine Kettani, director of marketing and sales.
Nexans Morocco strengthen its presence in Africa. "Our presence in Africa is an integral part of our business strategy at both Nexans Morocco at the group level. Our products, cables and electrical equipment, are already involved in the electrification of the country such as Benin, Ghana, Nigeria, Senegal, Mauritania, DRC, Algeria, etc.. "Stresses Kettani.
specialist cables took advantage of the last caravan of the exports in Africa to strengthen its position in the markets visited (Mauritania, Gambia, Burkina Faso and Congo). Especially that Nexans Morocco generates nearly 35% of its turnover from exports.
The company generated after the first half of 2010 a turnover of 787.9 million dirhams, up 15.7% over the same period 2009. However, for 2011, "our turnover, being totally linked to changes in copper and aluminum, is hard to predict. Our development for export and local market prospects for 2011 leave us optimistic about the growth of our production volume, "said the director of marketing and sales.
The Moroccan subsidiary has started the past few months, the activity of its new aircraft wiring based in Mohammedia. Result of an investment of 110 million dirhams, the site will annually produce 21,000 km cables, the equivalent of 150 tons. The construction of this plant operates under an agreement signed in 2008 between Nexans and manufacturer Airbus. The projected turnover of more than 87 million DH. More than two dozen principals were identified on 4 continents. Among client countries include France, Germany, China, Mexico, Tunisia, Australia ... 70% of its production will be dedicated to exports.
Nexans, remember, recently separated from her activities starter batteries and industrial batteries in favor Almabat society. This activity accounted for only 8% of turnover. The challenge of this assignment is to enable the company to refocus on its core businesses: electrical cables and equipment in this case.
Nexans Morocco has two production sites. That of Casablanca, which comprises units of transformers, medium voltage cells and prefabricated posts. The site focuses Mohammedia units of power cable, telephone cable, cable car and aircraft cable. The company employs around 800 people. "The level of maturity and performance of Nexans Morocco is confirmed by becoming the third factory of the group after those of France and the United States and the fifth supplier to the world of cables for Airbus," says Kettani.
source leconomiste.com
Sunday, December 26, 2010
How Much Are Yugioh Cards Worth In Thailand
Dar Assafaa launches checking account "Hissab Assafaa"
Dar Assafaa a finance company is targeting individuals and businesses wishing to finance their acquisition of movable or immovable property through alternative products which do not use traditional banking interests but based on the principle of "Murabaha" which consists of a purchase-resale installment of real assets and value known in advance. Dar Assafaa buys a property at the request of his client and resells it to him plus a profit margin known in advance. This margin is calculated based on the target customer profile, risk, duration of repayment of fees and operating expenses of Dar Assafaa.
Bank Al-Maghrib Dar Assafaa authorized to collect funds from customers to refinance their investments. These funds will be allocated to an account "Hissab Assafaa" enabling customers to manage their money on a daily basis and provide tools practices such as check book and cash card "Card Assafaa.
Dar Assafaa a finance company is targeting individuals and businesses wishing to finance their acquisition of movable or immovable property through alternative products which do not use traditional banking interests but based on the principle of "Murabaha" which consists of a purchase-resale installment of real assets and value known in advance. Dar Assafaa buys a property at the request of his client and resells it to him plus a profit margin known in advance. This margin is calculated based on the target customer profile, risk, duration of repayment of fees and operating expenses of Dar Assafaa. subsidiary of AWB has an information system in accordance with Islamic products that does not include the value dates, the calculation of interest rates and discovered that the term n ' not exist in this type of establishment.
To comply with banking regulations, Dar Assafaa had to conclude with its parent Attijariwafa bank (AWB) contract Moudharaba under which the funds collected are domiciled at AWB who outsources Dar Assafaa. Dar Assafaa acts as "modareb" as a company with expertise in the field of the financial and business plan and AWB as a funder (rab al-mal). Thus, AWB provides the funds, and Dar Assafaa business expertise, AWB agreeing to share profits and losses with its subsidiary.
Jouahri Abdellatif, Wali of Al-Maghrib Bank recently said that under the proposed financial Casa International Financial City and revision approvals, Morocco could authorize direct collection of funds by institutions of alternative financing.
To finance the investment projects of its clients, Dar Assafa opted initially for formula Murabaha. "Alternative financing Musharaka and Ijara to know are provided as part of our strategic policy, but today we focus on Murabaha to familiarize customers with this financing," said Nour Eddine El Hassani Charkani President the Executive Board of Dar Assafaa.
The fact remains that such products need to be competitive, particularly by eliminating the last tax obstacles such as double taxation on the conservation fee of 1% for the financing of real estate.
source halalmagazine.com
Return To Radio Shack No Reciept
BMCI launches solution "e- values "for business
This solution requires no software investment, also multicriteria searches so simple.
An Internet connection is enough for companies to effectively monitor and secure their values, 24/24 and 7 / 7.
"BMCI e-Values" is the new online solution launched by the Moroccan Bank of Commerce and Industry (BMCI) to enable companies to continuously monitor the activity of their values (checks, bills of exchange standard, ...).
This solution requires no software investment, also multicriteria searches so simple.
An Internet connection is enough for companies to effectively monitor and secure their values, 24/24 and 7 / 7.
source bladi.net
Future Valuve Of Ordinary Annuity Calculator
The Government of Gabon and Morocco-Telecom finalizing the privatization of Gabon Telecom-
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Exchange Casabalnca: SNEP buys 21.6% Dimatit
The CDVM ordered the suspension as of December 21, 2010 action SNEP. And for good reason, this subsidiary Ynna Holding acquired 21.6% stake in Dimatit subsidiary also Chaabi Group, amounting to 183.7 million dirhams.
"With this increase in capital Dimatit, SNEP repositions its strategy and the means of its ambitions to develop as a leader in its petrochemical operator acticité," said Omar Chaabi to the press.
In the context of strengthening the integration of downstream industrial society, the Board of Directors of SNEP, which met on 20 December under the chairmanship of Omar Chaabi, has selected DH 1225.5 per share, the same valuation basis as used in the transaction of sale of the 12.5% stake Ynna Yolding made in 2009.
According to a statement from the SNEP, released after the suspension, the rise in the capital of Dimatit 34% have no impact on net debt of SNEP, which is fixed at 448.8 million dirhams at the end of June 2010, establishing its gearing at the same time to 79.2%.
source financenews.press.ma
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