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3.5% growth of the Arab economy in 2012
25-11-2012 08:30 AM
Arab Monetary Fund forecast achieve Arab economy real growth of 3.5% during the current year, to rise a percentage point next year, due to the decline of the repercussions of the global financial crisis and the stability of oil prices, and rising demand for non- oil exports.
Daniel Crosby – You’re Not That Great: A Motivational Speech
Daniel Crosby is founder of IncBlot Organizational Psychology, a management consultancy headquartered in Huntsville, Alabama. IncBlot is comprised
of a team of organizational psychologists with expertise in helping business select exceptional people, perfect their existing talent base through coaching and training, and persuade through leveraging behavioral science. IncBlot works with an exceptional group of businesses including Morgan Stanley/Smith Barney, Guardian Life Insurance, Grant Thornton, Raytheon, Appleton Learning, and Digium.
Daniel is a Huntsville native schooled at Brigham Young and Emory Universities. Dr. Crosby is a featured contributor for Monster.com and the Huntsville Times as well as a performance psychologist for Team USA at the 2012 Olympic Games in London.
Great Legacy Poem – On a Grave at Grindelwald by Frederic William Henry Myers
HERE let us leave him; for his shroud the snow,
For funeral lamps he has the planets seven,
For a great sign the icy stair shall go
Between the heights to heaven.
One moment stood he as the angels stand,
High in the stainless eminence of air;
The next, he was not, to his fatherland
Translated unaware.
Frederic William Henry Myers, 1843–1901
Solutions for the “Sandwich Generation” supporting children and parents – Money Clip
How families paying for kids and elderly parents can discover hidden day-care, flex-spending, telecommuting, and financial help. Lauren Young offers leads in this week’s Money Clip.
Dynastic Family Business – AUGUSTEA S.p.A.
The Augustea Group is owned and controlled by the Cafiero, a family originally from Meta di Sorrento, a small town of ship-owners and seafarers situated in the Bay of Naples, whose shipping interests date back to the 17th century.
The Cafiero family shipping interests go back to 1629, when Pietro Antonio Cafiero established a charitable fund for the release of sailors captured by pirates. Today, another member of the family, Pietro Antonio Cafiero, ocean-going master, is member of the board of Augustea and general manager of tug operations in Augusta.
Early in the 19th century Salvatore Cafiero founded the local Sailors‘ Mutual Society and became director of the “Steamship Navigation Company of the Sorrento Peninsula”. In 1850, the shipping interests of the Cafiero family were entered into Lloyd’s Register.
In 1955 Salvatore Cafiero, Captain with Lauro’s fleet and for many years in charge of the chartering department, founded the company “Augustea” to participate in the development of the petrochemical ports of Augusta and Syracuse, in the eastern coast of Sicily, by providing harbor towage services.
In 1964, Salvatore Cafiero added the deep-sea shipping business at the towing activities and continued to develop both businesses until he died in 1982.
The generation that followed continued and expanded his work, promoting and consolidating the international growth of the Group:
- 2000: Augustea acquires Argentinean dry bulk operator Marifran International from the Dreyfus Group;
- 2004: Augustea acquires Anchor Marinte Transportation, UK largest operator of deep sea barges;
- 2007: Augustea and Oceanbulk set up AOM, a joint venture to expand the dry-cargo business;
- 2011: Augustea Maritime Transportation Limited (AMTL) has been incorporated with the Maltese Registrar of Companies, aiming to complete the commercial offering of the Augustea Transportation division;
- 2011: Augustea Bunge Maritime Ltd is established with Bunge, a leading commodities trader.
Today, Mr. Lucio Zagari is the Chairman and Mr. Raffaele Zagari is the group Chief Executive Officer.
