Man Group sells Lehman exposure for $ 456 m
Fri, 2012-11-16 23:31 LONDON: Hedge fund manager Man Group has sold claims to the estate of defunct US investment bank Lehman Brothers in a $ 456 million deal that will...
View ArticleZain KSA continues with free BlackBerry service
Sun, 2012-11-18 02:49 In a move that is the first of its kind in the Kingdom, Zain KSA continues to provide free BlackBerry service for all new subscribers in Mazaia...
View ArticleNew Lufthansa flights for Munich to mark 25 years of Riyadh service
Sun, 2012-11-18 02:49 Celebrating 25 years in Riyadh and marking its continued confidence with its more than 50 years in the Kingdom, Lufthansa German Airlines has...
View ArticleGulf Oil acquires 100% stake in Houghton International
Sun, 2012-11-18 02:49 Gulf Oil Corporation Limited (GOCL), a Hinduja Group Company, through its subsidiary in the United Kingdom, is acquiring a 100 percent stake in...
View ArticleHanco showcases new division at Saudi Transtec
Sun, 2012-11-18 02:50 Hanco, one of the leading car rental, leasing, and fleet management company in the Kingdom, has embarked on an aggressive campaign to promote its...
View ArticleSipchem launches EVA films project in Hail
Sun, 2012-11-18 02:50 The Saudi International Petrochemical Co. (Sipchem) has launched the construction of its ethylene vinyl acetate (EVA) films project in Hail...
View ArticleMobily named best managed telco group in Middle East
Sun, 2012-11-18 02:50 Etihad Etisalat “Mobily” won the “Euromoney” award for the best-managed telecommunication companies in the Middle East, according to latest survey...
View ArticleAWAL supports Hotel Equipment Show
Sun, 2012-11-18 02:54 The leading IT services provider, AWAL, has announced that it is providing technical support for the current edition of the Hotel Equipment Show,...
View ArticleSamsung gears up for unveiling GALAXY Camera
Mon, 2012-11-19 00:06 Samsung Electronics Co. Ltd., a global leader in digital media and digital convergence technologies, is set to proudly unveil the new GALAXY Camera...
View ArticleHP’s new BPO services to speed up cost savings
Mon, 2012-11-19 00:06 HP Enterprise Services has announced new Business Process Outsourcing (BPO) analytics services designed to accelerate discovery of growth...
View ArticleCrowne Plaza Kuwait celebrates 30 years of success
Mon, 2012-11-19 00:06 Crowne Plaza Kuwait, one of the country’s most popular hotels, celebrated its 30th anniversary last week. The hotel, which opened its doors in 1982,...
View ArticleEricsson initiates CRM in Middle East
Mon, 2012-11-19 00:07 Thanks to mobile broadband, an ever-increasing number of people and devices are connected. This phenomenon provides more opportunities for operators...
View ArticleSaudi banking, investment expert scoops international award
Mon, 2012-11-19 00:07 Saudi asset management company SEDCO Capital’s Chairman Abdelelah Salem Ahmed Bin Mahfouz has been named winner of the Most Outstanding Individual...
View ArticleSiemens launches Jeddah Corniche cleaning drive
Mon, 2012-11-19 00:07 Siemens in Saudi Arabia, during its presence for over 80 years, has continuously and actively contributed together with its local partner E.A....
View ArticleMaersk to shift away from shipping
Mon, 2012-11-19 23:04 COPENHAGEN: Danish conglomerate A.P. Moeller-Maersk will no longer invest heavily in Maersk Line, the world's biggest container ship operator, and...
View ArticleCisco to acquire Meraki for $ 1.2 bn
Mon, 2012-11-19 23:04 NEW YORK: American information technology firm Cisco said it will acquire Meraki Inc., a leader in cloud networking, in a deal worth $ 1.2 billion....
View ArticleLuLu sets stage for seafood festival
Tue, 2012-11-20 01:10 LuLu Hypermarket is all set to celebrate Sea Food Fest of 2012 with the support of Department of Marine Fisheries, Ministry of Agriculture. The six-...
View ArticleAir Arabia’s mobile website goes online
Tue, 2012-11-20 01:10 Air Arabia, the first and largest low-cost carrier (LCC) in the MENA, has announced the launch of its new state-of-the-art mobile website. Passengers...
View ArticleBrocade, Dell partner on industry’s first 16 Gbps Fiber channel solution
Tue, 2012-11-20 01:10 Brocade, a leader in fabric-based data center networking solutions, has announced its contribution to offering the industry’s first complete, end-to-...
View ArticleCristal’s clean air technologies to be unveiled at Yanbu conference
Tue, 2012-11-20 01:10 Cristal, described as the world’s second largest manufacturer of titanium dioxide, will unveil the company’s leading edge titanium dioxide...
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