Saturday 10 December 2016

GCC investors in Turkish ice-cream chain partnership

Bahrain-based Venture Capital Bank (VCBank) said it has joined hands with Qatar’s Al Sraiya Holding Group and other strategic investors for a strategic partnership with Mado Yasar Dondurma (Mado), Turkey’s largest patisserie and ice-cream café chain franchisor.


Qatar’s sanitary ware market to grow at 9pc by 2021

Qatar’s sanitary ware market is projected to grow at a compound annual growth rate (CAGR) of over nine per cent during 2016 to 2021, said a report by TechSci Research, a global management consulting firm. Growth in the market is anticipated on account of increasing hygiene


Saudi shipping company wins innovation award

National Shipping Company of Saudi Arabia (Bahri), a global leader in logistics and transportation, has won two awards at the 2016 Lloyd’s List Middle East & Indian Subcontinent Awards, held in Dubai, UAE. Bahri clinched the ‘Innovation’ and ‘The Lloyd


IET honour three young female engineers

Three young female engineers have been recognised by the Institution of Engineering and Technology (IET) for their innovative work in the field of engineering. The recepients of the 'Young Woman Engineer of the Year' award will play an ambassadorial role for the engineeri


3M to sell identity management business

3M, the maker of Scotch tape and Post-it notes, has entered into agreements to sell its identity management business to Amsterdam-based Gemalto, the world leader in digital security, for $850 million. 3M’s identity management business is a leader in identity management solu


Dewa launches 10-week Exo Sprint programme

Dubai Electricity and Water Authority (Dewa) has launched a 10-week programme to help shape future of energy and water in collaboration with ExO-Works, a key corporate solutions provider based in US. The programme is the first of its kind in the region, and aims to enhance Dewa&r


Saudi Aramco to highlight key localisation initiative

State oil giant Saudi Aramco is set to host the second iktva (In-Kingdom Total Value Add Program) Forum 2016 on December 14 in the city of Dammam which will highlight the major localisation initiative and its benefits to Saudi Arabia’s economy. The event will provide an opp


Batelco wins top honours at Dubai event

Bahrain's leading telecom services operator Batelco said it has won the ‘Fastest Growing Service Provider Partner of the Year’ award at the Avaya Engage event held in Dubai, UAE.   Batelco is a major ICT vendor in the region and is the largest partner of Avay


GAC Motor to launch flagship SUV in Bahrain

GAC Motor, one of China’s leading automobile manufacturers, said it is aiming to grow its market share in Bahrain with the launch of its flagship SUV model – GS4 next week. Tasheelat Automotive Company, a subsidiary of Bahrain Commercial Facilities Company, is the sol


Huawei, Dubai group ink smart city tech deal

Huawei, a leading global ICT solutions provider, has joined hands with Dubai-based neXgen Group, a leading smart city advisory and managed services provider, to meet the ever-increasing demand for smart city technology in the region. Enabled though its strategic partnership with

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