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Cayman Islands News, Articles and InformationOregon Resident Alesha Coleman Wins Her Own MaggieMoo's Franchise ...COLUMBIA, MD -- (MARKET WIRE) -- June 30, 2006 -- Alesha Coleman, 18, of Philomath, Ore., is tasting sweet success, as she now is the proud owner of a MaggieMoo's International Treatery franchise, one of the top franchises in the super-premium ice cream category.Named the winner of the MaggieMoo's and The Future Business Leaders of America-Phi Beta Lambda (FBLA-PBL) Business Plan Writing Contest, Coleman was awarded the MaggieMoo's franchise on Thursday, June 29, at the opening session of the FBLA 2006 National Leadership Conference in Nashville, Tenn. "I am so excited to be joining the MaggieMoo's family," said Coleman. "I can't wait to open my own Treatery and implement the ideas I presented in my business plan. Look out Oregon, MaggieMoo's is coming!" FBLA-PBL members throughout the country were invited to submit a formal business plan for opening and operating a MaggieMoo's Treatery.
UAE Becomes Top Investor In S.Arabia With Signing Of Mega DealThe UAE has overtaken Japan to become the dominant foreign investor in Saudi Arabia following the signing of a mega deal between Emaar and the Kingdom last year, according to official Saudi statistics. The UAE investment approved by the Saudi Arabian General Investment Authority (SAGIA) stood at a staggering SR122.9 billion (US$32.7 billion) by the end of May, accounting for nearly 41 per cent of the total foreign direct investment (FDI) pumped into the Kingdom since SAGIA was created in April 2000, SAGIA's figures showed, according to a report carried by the Emirates News Agency, WAM. .
'Bike & Build' Helps RochesterThey are pedaling to end poverty housing in America. The 'Bike & Build' team of bike riders stopped in Rochester to do some charity work in the city as team bikes across the country.The charity transcontinental cycling team arrived in Rochester Tuesday night from Oswego. The bikers started their trek in New Hampshire on June 15, they're biking across the northern part of the country to Vancouver , British Columbia. The cyclists are stopping in several communities along the way to do some charity work, including Rochester. The cyclists spent their time in Rochester on Fulton Avenue building homes for Habitat for Humanity. The team is made up of recent college graduates and college students from all over the country. They each raised money for Habitat for Humanity and for the Bike and Build Grant.
Consolidated Water upgraded to "strong buy"NEW YORK, June 29 (newratings.com) - Analyst Michael Gaugler of Brean Murray upgrades Consolidated Water Co Ltd (CWCO.NAS) from "accumulate" to "strong buy." The target price is set to $34.In a research note published yesterday, the analyst mentions that the companys share price has declined by almost 40% since its recent high. Consolidated Water Cos operations have widened and volumes, mainly in Grand Cayman, have delivered robust growth over the same period, the analyst says. According to Brean Murray, the companys new project pipeline appears healthy. . Cayman Islands in the Foreign PressLONDON, England: The Financial Times, June 27, 2006 - The Dubai International Financial Centre has big ambitions, aiming to play host to 20 per cent of the world's investment funds.It has enacted the collective investment law to provide a legal framework, covering mutual funds, property funds, Islamic funds, hedge funds, and private equity funds. This put it on a par with other leading onshore fund centres, such as London, New York and Hong Kong, said Sandy Shipton, head of asset management at the DIFC. It was unique, he said, because it was designed to fit the fund industry from a wholesale perspective. Shipton has his sights set on the alternative fund industry as an obvious target for what the DIFC has to offer. The industry was fragmented, he said, typically domiciled in the Cayman Islands or a similar tax haven, administered in Dublin or the Channel Islands, with investment management in New York or London. Gas-saving getawaysHerewith, some getaways that minimize driving -- or avoid it altogether. For planning purposes, we've added in $200 per day for dining for a couple (romantic dinners aren't cheap), $100 per day for a family of four heading to a family destination, $150 per day if the family is going urban. Note that airfare and hotel rates change rapidly and vary widely by date, so the exact prices below may not apply when you book.Remember, too, that most ways you travel include some form of fuel -- which this year often means fuel surcharges on airfares and even on a few cruises. Even at $3 per gallon, driving can still be the cheapest way to go. RIDE THE RAILS Taking a train offers a change of pace. A trip from Miami to Charleston, S.C., for instance, is almost 14 hours each way, so you won't do it for a weekend.
Dan Gross | Distance takes a tollTHE LONG distance between CBS 3 anchor Alycia Lane and her North Carolina-based husband, Jay Adkins, has caused a serious strain on the couple, who have not spent much time together in recent months, sources tell us.The couple began dating in early 2004 and were married in North Carolina last August, the second marriage for each. Earlier this month, when we reported that Lane, 34, had signed a five-year deal to stay at CBS 3, she told us Adkins, 32, was considering moving here. That's now unlikely, informed sources tell us. Lane, as of late, has not been seen wearing her wedding ring, but has previously said she doesn't always wear it. Lane yesterday morning met with Inqwaster columnist Michael Klein at Starbucks (8th & Walnut) to discuss her marital situation and seek counsel, sources say.
AL Thompson joins TeleCaymanAs President, Chief Executive Officer and Owner of A.L. Thompson Building Supplies Ltd., A.L. Thompson Jr. is a well respected and successful member of the Cayman business community. Aside from his enormously successful business operations he has pursued his interest in architecture through the development of Silver Palms residential condos and Alissta Towers.His commitment to Cayman is highlighted through 12 years of service on the board of the Central Planning Authority, and various officer and director positions on the boards of the National Gallery, Ital (Cayman) Ltd, Stingray Brewery Ltd. and the Rotary Club. "It is truly an honour to have someone of A.L. Thompson’s business acumen and experience on TeleCayman’s Board of Directors," Raul Nicholson–Coe, President and Chief Operating Officer of TeleCayman commented in a press release.
Tropical Storm Alberto first named storm of 2006Tropical Storm Alberto, the first named storm of the 2006 hurricane season, is churning Gulf waters with 45 mph winds with higher gusts and drenching rains. Alberto is located about 400 miles west of Key West, Fla., and is moving toward the northwest near 9 mph and a turn toward the north and northeast is expected during the next 24 hours, the National Weather Service reported at 10 a.m. Sunday. Tropical storm force winds stretch outward up to 175 miles east of the center. Some slight strengthening is possible during the next 24 hours. Most forecast models show the system making landfall over northern Florida late Monday or Tuesday and continuing across Florida and up parallel to the East Coast of the U.S. It will be relatively weak in terms of wind, but that doesnt mean its going to be weak in terms of rainfall, senior hurricane specialist Stacy Stewart told the Associated Press on Saturday. |
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