LUKOIL to cut Iraq output by a third
Fri, 2012-12-28 00:35 MOSCOW: Russia’s second-largest crude producer LUKOIL said it has cut its oil production plan in Iraq by almost a third, in line with the local...
View ArticleChipmaker loses $ 1.17 bn patent verdict
Fri, 2012-12-28 00:35 NEW YORK: A US federal jury has found that Marvell Technology Group infringed two patents held by Carnegie Mellon University, and ordered the...
View ArticleVolvo mulls Indian car plant in global sales drive
Fri, 2012-12-28 00:35 NEW DELHI: Swedish luxury car maker Volvo said it was studying the possibility of setting up a car manufacturing plant in India as part of a drive to...
View ArticleToyota agrees $ 1 bn US recall deal
Fri, 2012-12-28 00:35 LOS ANGELES: With a proposed payout of more than $ 1 billion, one major chapter of a nearly four-year legal saga that left Toyota Motor Corp....
View ArticleToyota poised to put legal troubles in rear view mirror
Fri, 2012-12-28 23:43 DETROIT: Toyota Motor Corp. eliminated a huge obstacle with a US settlement over unintended acceleration in its cars and trucks, leaving it to fight...
View ArticleLG seeks ban on Samsung tablet sales
Fri, 2012-12-28 23:43 SEOUL: South Korea’s LG display said it had asked a Seoul court to ban the domestic sale of Samsung’s Galaxy Note 10.1 tablet computer,...
View ArticleApple fined $ 165,908 in copyright case
Fri, 2012-12-28 23:43 BEIJING: Technology giant Apple has been ordered to pay compensation to eight Chinese writers and two companies for selling unlicensed books online,...
View ArticleMcDonald's opens restaurants in Taif, Jazan with modern design
Sat, 2012-12-29 00:39 Alireza Food Services Co. Ltd., exclusive McDonald’s franchisee for the Western Region of Saudi Arabia, announced the opening of two new...
View ArticleEFM selects Wojood Facilities Management as strategic partner
Sat, 2012-12-29 00:39 Etisalat Facilities Managemen (EFM)t, an independent unit of Etisalat, announced that it has selected Wojood Facilities Management, one of the sister...
View ArticleMenatelecom signs MoU with Huawei
Sat, 2012-12-29 00:39 Menatelecom, an investment subsidiary of Kuwait Finance House (Bahrain) and the provider of the most powerful, and shortly, the fastest Internet...
View ArticlePersil consumers join media drive
Sat, 2012-12-29 00:39 In an initiative which reinforces its commitment to innovation and consumer engagement, Persil Abaya Shampoo, a world-class product from Persil which...
View ArticleCanon unveils small and simple EOS M in Middle East
Sat, 2012-12-29 00:40 Canon Middle East expands its award-winning EOS range with the launch of the new EOS M. The company’s first compact system camera (CSC), the...
View ArticleEmirates says ‘Hello 2013’ offering attractive fares
Sat, 2012-12-29 00:40 Emirates, one of the world's fastest-growing airlines, is welcoming 2013 aboard by offering very attractive fares for quick-acting customers....
View ArticleSharp unveils single panel LED display
Sat, 2012-12-29 00:40 Sharp Middle East has unveiled its 90-inch, flagship professional display in Saudi Arabia, with the unit completing the company’s range of LED...
View ArticleGM investing $ 750 m to expand Saudi sales
Mon, 2012-12-31 01:22 General Motors Middle East and its dealer partners will invest as much as $ 750 million by 2015 to expand and upgrade their sales, service and spare...
View ArticleElaf Group honors major dealers as service success
Mon, 2012-12-31 01:22 A Saudi company specializing in travel, tourism and hotels, recently honored its agents in Egypt, Algeria, Turkey, Morocco, Indonesia and Malaysia...
View ArticleBasra oil show draws top firms
Mon, 2012-12-31 01:22 The third Basra International Oil and Gas exhibition, organized by Expotim International Fair Organizations INC and Pyramids International Group,...
View ArticleTop marks for Zain’s career support
Mon, 2012-12-31 01:22 Zain KSA has maintained its excellent ranking in the Labor Ministry’s classification program (Nitaqat) for achieving high rates in the level of...
View ArticleVisa ‘big box’ promotion offers exciting prizes
Mon, 2012-12-31 23:27 Visa, a leading global payments technology company, is encouraging card holders to think “inside the box” as it announced details of its...
View ArticleGIB Capital honored for sukuk deal
Mon, 2012-12-31 23:27 The Ajil Cayman Sukuk, which was jointly arranged earlier this year by GIB Capital, has received the title “Best Sukuk Deal of the Year”...
View Article